Psy Ko joins Andrew Brill to share how he transformed his life from $110K in debt to financial freedom through the FIRE Movement. Now a finance coach and expert at @FIREPsyChat, Psy emphasizes the importance of taking responsibility for your financial future, building financial literacy, and making intentional changes to spending and saving habits. Discover practical strategies on budgeting, boosting your savings rate, and using the right financial tools to achieve FIRE (Financial Independence, Retire Early) — no matter where you’re starting from!

Investment Concerns? Get a free portfolio review with Wealthion’s endorsed financial advisors at https://www.wealthion.com/free

Don’t miss our live coverage of the Fed with Maggie Lake! Next Wednesday, September 18.

Chapters:

00:59 - Psy’s Financial Wake-Up Call

04:14 - How Psy Got Into Coaching Others?

5:42 - The Power of Financial Literacy

7:37 - Behavioral Changes, and Intentional Spending

10:58 - Why It’s Never Too Late To Start

14:11 - Discipline & Budgeting

17:19 - Further Defining The FIRE Movement: Financial Independence, Retire Early

20:09 - Practical Strategies & Tools for Financial Freedom

23:33 - Exploring The Rule of 25

28:07 - Saving & Retirement Accounts Psy Recommends

33:08 - Alternative Investments? Real Estate?

34:13 - Good vs. Bad Debt?

37:42 - Coaching Someone in Distress About Debt

40:55 - Are More People in Financial Difficulties Now?

42:41 - Where Can People Find Psy?

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#FinancialFreedom #FIRE #DebtFreeJourney #PersonalFinance #FinancialIndependence #Budgeting #Saving #FIREMovement #FinancialLiteracy #DebtPayoff #FinanceCoach #FinancialPlanning #EarlyRetireme #Money #Wealthion #Wealth #Finance 

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