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Work Optionality: A Different Way to Imagine at FIRE | E143 Rachael Camp
Manage episode 424448865 series 3460108
Το περιεχόμενο παρέχεται από το Justin Lee Peters. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Justin Lee Peters ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Work optionality is the idea that you work because you want to, not because you have to. As you’re listening to this in your 20s, this concept might seem like a pipe dream. That’s truly fair. Most of us don’t have this luxury. We are building wealth, along with just paying our bills, and it takes income to do that.
But this idea might not be as far away as you think. Regardless of your timeline, as your wealth grows even before you hit financial independence, I think you should be itching closer to a life designed by you, not your employer or clients.
This might include changing your hours, taking more time off work, participating in mini-retirements, pivoting careers, or starting a business.
This is an idea that Rachael Camp, Founder of Camp Wealth, is routinely discussing both online and with her clients. And I asked her to come on the podcast to do the same. Rachael is a financial planner who helps young professionals maximize their money for financial freedom. She has also redesigned her life over the last few years and she told me it feels way more aligned.
In this episode, we break down the nuance between traditional FIRE and work optionality. Rachael shares steps you can take to start progressing towards a work-optional life and she shares questions to ask yourself to uncover what that life would truly look like. Also at the end of the episode, I ask Rachael to break down some of her most popular tweets from the last month.
This is a really fun, wide-ranging conversation and you can probably tell, I had a lot of blast getting to know Rachael.
So if you’re ready to do the same, let’s get into it. I hope you enjoy my conversation with the former Hoosier turned Denverites…Rachael Camp.
Key Takeaways:
- The difference between traditional FIRE and work optionality
- Important questions to ask yourself to get closer to your ideal life
- Rules to help you spend more
- Why you should take more risks in your 20s
- How to make a plan for your money
More of Rachael:
YouTube: https://www.youtube.com/@CampWealth/videos
Website: https://www.rachaelcampwealth.com/
More of The Struggle is Real:
Find show notes and more at https://www.tsirpodcast.com/
Follow us on Instagram at https://www.instagram.com/tsirpod/
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