Publishers Weekly
10/09/2023
Journey to Launch podcaster Souffrant debuts with a sound program for achieving financial independence, which she defines as being able to live on the “money you’ve accumulated in your investment accounts... indefinitely.” Her five-step program involves figuring out “what your bills and liabilities are in comparison to what you’re earning,” paying off most debts, establishing an emergency fund, “investing consistently and growing your assets,” and maintaining a financially sustainable lifestyle once one accumulates enough wealth to support themselves without a job. Souffrant’s down-to-earth style makes financial principles accessible, as when she explains the benefits of investing in index funds over individual companies by noting the latter “involves taking on more concentrated risk whereas investing in the overall market and passively waiting for returns on average can be a more efficient strategy” because of the “low work” and “low effort” required. The author is also unusually sympathetic to the notion that sometimes short-term spending can be worth postponing financial independence, as when she recounts her decision to splurge on a family trip to Disneyland instead of investing the money. Additionally, her suggestions are specific and pragmatic (her “25x rule” recommends saving 25 times one’s desired annual spending before retiring). Approachable and sensible, this gets the job done. (Dec.)
From the Publisher
Your Journey to Financial Freedom is a powerful guide filled with insightful advice and actionable steps that anyone can follow. Whether you're just starting your financial journey or looking to take it to the next level, this book is a must-read. It's like having a personal finance bestie by your side, helping you make the right decisions to not only secure a brighter, more financially independent future but a more happy and abundant life today.” —Tiffany Aliche, New York Times bestselling author of Get Good with Money
"In a world inundated with get-rich-quick schemes, Your Journey to Financial Freedom stands out as a beacon of financial wisdom. This book goes beyond money—it's about mindset, empowerment, and designing a life you truly deserve."—Farnoosh Torabi, author of A Healthy State of Panic
"If you want a better, more fulfilling, more interesting, more joyous life, you must walk the path. But you don’t have to walk it alone. In Your Journey to Financial Freedom, Jamila is your guide, your mentor and your inspiration." —JL Collins, international bestselling author of The Simple Path to Wealth and Pathfinders
"Whether you're pursuing a major goal like being financially independent by 40 or just trying to figure out how to stabilize your financial life, Jamila Souffrant has you covered. Your Journey to Financial Freedom is a firm but kind guide to being your best financial self." —Erin Lowry, author of the Broke Millennial series
“Jamila has added a valuable new contribution to the financial independence canon with fresh insights and perspectives to help you make, save, and invest money while acquiring more freedom." —Grant Sabatier, author of Financial Freedom and creator of Millennial Money
"Finally, a comprehensive guide to achieving true financial independence that empowers you to make informed money decisions. If you're committed to living life on your terms, this book is the ideal companion on your journey." —Bola Sokunbi, author, founder and CEO of Clever Girl Finance
New York Times on Journey to Launch podcast
Certified financial education instructor Jamila Souffrant’s approach somehow appeals to all but feels as if it’s aimed directly at you. Souffrant is an expert guide on the path to finding financial independence.”
praise for the Your Journey to Launch podcast New York Times
Souffrant’s approach somehow appeals to all but feels as if it’s aimed directly at you. [She] is an expert guide on the path to finding financial independence.”
