A conversation with multidisciplinary designer Amy D Lux about how she got on track to become financially independent.

Topics:

⭐️ Index funds

⭐️ Credit scores

⭐️ Compound interest

⭐️ Late bloomers can retire early

⭐️ Tools for budgeting and investing

⭐️ Using a Debt Avalanche to pay off debt

⭐️ FIRE - Financial Independence, Retire Early

⭐️ Loan rehabilitation - how to get your student loans out of default

If you think you’re too old to turn your financial life around, skip to minute 59. Amy gives a realistic timeline on how long it takes to get retirement on track.

Amy’s Financial Resources:

https://utopiadreamscape.com/category/wellness/finance/

Lighting

LoboLuxDesign.com

IG/FB/TW @LoboLuxDesign

LinkedIn Amy D Lux

Lifestyle

UtopiaDreamscape.com

IG/FB @UtopiaDreamscape

Retirement Contribution Limits 2023:

https://www.irs.gov/newsroom/401k-limit-increases-to-22500-for-2023-ira-limit-rises-to-6500

Women In Lighting:

https://womeninlighting.com/site/page/about

Alphonse Mucha:

https://www.alfonsmucha.org/the-complete-works.html

Iran Death Toll:

https://www.bbc.com/news/world-middle-east-63242100

Compound Interest with Paddy Hirsch:

https://www.artisticfinance.com/episode/DuW0LZ00yYMPsqiwFKyH/Compound-Interest-with-Paddy-Hirsch

Lap Chi Chu - Lighting Designer - SIMPLE retirement plan:

https://www.artisticfinance.com/episode/a28i0vVANKirBQ1nR324/Lap-Chi-Chu-Lighting-Designer

Rich Dad, Poor Dad - Audiobook:

https://www.youtube.com/watch?v=gliZHyovI7c

Afford Anything - Podcast:

https://podcasts.apple.com/us/podcast/afford-anything/id1079598542

Acorns - “Round Up” Investing:

https://www.acorns.com/

Mint.com:

https://mint.intuit.com/

Index Fund Investing:

https://investor.vanguard.com/investment-products/index-funds

VTSAX - Vanguard Index Fund:

https://finance.yahoo.com/quote/VTSAX/

Debt Avalanche - How Amy Paid Off Her Debt:

https://www.nerdwallet.com/article/finance/what-is-a-debt-avalanche

Paying More For Utilities Because of Low Credit Score:

https://blog.risecredit.com/can-bad-credit-score-affect-utility-bills/#:~:text=Can%20a%20Poor%20Credit%20Score,your%20service%20up%20and%20running.

Student Loan Default:

https://studentaid.gov/manage-loans/default/get-out

Money Mustache - Saving Chart: 

https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

AYRTON:

https://www.ayrton.eu/

LDI:

https://www.ldishow.com/

Book List:

Your Money or Your Life

4 Hour Work Week

The Simple Path To Wealth

The Millionaire Next Door

Early Retirement Extreme

Playing With Fire

Set For Life

Quit Like A Millionaire

Retire Early With Real Estate

The Bogleheads Guide To Investing

Financial Freedom

Rich Dad Poor Dad

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Interview by Ethan Steimel