Walli Miller is a financial coach and money mentor who went from overspending and compulsive shopping to being debt-free and building a multiple six-figure investment portfolio. After gaining control of her finances and creating a plan, Walli is on her way to being work-optional before the age of 40. On this episode of CFO at Home, Walli and Vince discuss developing and managing a spending plan, what it means to become “work optional”, and more.

Key Takeaways

• Paying your first allowing spending to be more worry free
• Budgets are thought to be relatively static; Spending Plans are managed more as living documents that allow for more flexibility in management
• Use your Spending Plan to align your spending with your values
• A key to achieving Financial Independence is to generate passive income through equities, real estate, etc.
• Walli’s definition of Financial Independence - When you have a nest egg that will sustain your lifestyle any pay for your cost of living; being “work optional”

Resources

• Get Your Social Security Statement
• Financially Thriving Money Coaching

Ways to contact/follow:

• Financially_Thriving - Instagram

Contact the Host - vince@thecfoathome.com