EP 396: How to Create a Life you Don't Need to Retire From
Aug 14, 2023
In this episode, we are going to get inspired to achieve financial freedom with Diania Merriam. Diania is the founder of The EconoMe Conference, catering to the FIRE movement. She hosts the popular podcast Optimal Finance Daily (1M downloads/month), narrating articles from top personal finance blogs. She achieved financial independence by eliminating $30k of debt, saving 60% of her income, and retiring at 33. Featured on Business Insider, CNBC, and other outlets, she inspires others on the path to financial freedom.
In this episode, we explore Diana's journey to financial independence through the FIRE movement. Discover how she went from $30,000 in debt to achieving financial freedom in just 11 months. Diana shares her approach to reducing expenses while still enjoying some luxuries and how it sparked her creativity. Learn how cutting costs can unlock creativity and the importance of being mindful of our values. The conversation also delves into financial awareness, understanding take-home pay, and reviewing expenses on a quarterly or yearly basis.
- “Reducing expenses in a really creative way doesn't have to feel like deprivation. It can actually open up a level of creativity that you didn't know you had.” (06:56 – 07:02)
- “Here's the thing that I've come to learn about money: it is the only thing in life that you can completely mess up and you could still fix it and be totally fine. You can't say that about your health. You can't say that about relationships.” (17:28 – 17:48)
Connect with Diania
Instagram: @economecon
LinkedIn: Diania Merriam
Website: The EconoMe Conference
Resources Mentioned:
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