Money Meets Medicine Podcast

MMM #39: 10 Milestones to Financial Independence Worth Celebrating

There are 10 big milestones to Financial Independence. Celebrating your journey to Financial Independence is a great way to keep your motivated. These aren’t necessarily in order. But when you hit one of these markers, it’s worth enjoying the moment before you hit the next one!

What You’ll Learn: 

In this episode of Money Meets Medicine, “10 Milestones to Financial Independence Worth Celebrating,” you’re going to learn…

  • Why a celebration can build positive momentum!
  • Being debt free is a huge deal!
  • How you can set a net worth goal worth celebrating.
  • Why you should celebrate having an emergency fund.
  • And more!

Quotes to Remember

“So along the way, we often have this arrival fallacy; I got to focus on the end, can’t be happy till the end. And, I want to encourage you to celebrate these moments, that we’re about to share with you.”

“You can get positive momentum and build wealth, meaning you have enough money, that there’s a difference between what you earn and what you spend, that you can build wealth and pay down your debts or invest; that is a moment worth celebrating because for many of us.”

“Once you are consumer debt-free, and you have an emergency fund that has at least three months; that’s a huge, huge milestone. The majority of your peers are not there. So, if you get there really celebrate that one, because you are already going to be leaps and bounds above your peers.”

Resources from the Episode:

10 Milestones to Financial Independence Worth Celebrating

This Episode’s Sponsor

Over the last 9 months feeling overwhelmed has become the norm.  Some of us have turned to drinking.  Others succumbed to burn out. The point is that we all struggle to balance the multiple hats we wear as partners/spouses and as parents and physicians.  Because of this, I am offering a FREE Group Coaching Call for anyone who joins the waitlist to the Alpha Group Coaching Experience.  The group coaching call comes with no strings attached.  All you have to do is register for the call by going to financialresidency.com/tpp.  Don’t wait, though, there are a limited number of seats for the call and it will be on a first come first served basis!

If you are interested in getting a free group coaching call to help you reduce your burnout and find the balance you need to live the life you want and deserve… visit financialresidency.com/tpp to receive the registration link for the coaching call.

Listener Question of the Week:

This weeks question is from David Pendergrass.

Is investing a smart thing to do right now? If you haven’t started an investment portfolio, where is the best place to start as a young father/husband?

Each episode, we are going to start including listener questions as they are provided to us.  So, if you have a specific question you’d like answered on the podcast reach out to us!  Email [email protected] or [email protected]

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