Episode 334: From Poverty to Millionaire, How Pursuing Financial Independence Gives You Options & Living Authentically With Delyanne Barros
08/09/23 • 58 min
1 Listener
Delaynne Barros, award-winning Latina money expert and former employment attorney, joins the Journey to Launch podcast to discuss her path from undocumented immigrant to seven-figure business owner.
After learning about the FIRE (Financial Independence, Retire Early) movement, Delyanne decided to go “all in,” by paying off $150,000 in student loan debt and throwing money into the stock market.
We chat about frugality out of necessity and intentionality, avoiding lifestyle creep, the “golden handcuffs” of high salary careers, escaping poverty, and more.
In this episode you’ll learn more about:
- What made Delyanne want to become a lawyer and how she was able to retire from law at age 39
- The important lesson behind Delyanne’s experience pouring money into the stock market during COVID-19
- Passive income vs. front-loading work as an entrepreneur
- The cost of living in Portugal, when Delyanne plans to retire her mom, deciding to be child-free by choice, and more
Other Links Mentioned in episode:
- Small Steps To Reach Big Dreams + Going From An Observer To Main Player In Your Life
- Get The Budget Bootcamp for FREE
- Pre-order my new book, Your Journey to Financial Freedom, for special bonuses
- Check out my personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with Delyanne:
Connect with me:
Delaynne Barros, award-winning Latina money expert and former employment attorney, joins the Journey to Launch podcast to discuss her path from undocumented immigrant to seven-figure business owner.
After learning about the FIRE (Financial Independence, Retire Early) movement, Delyanne decided to go “all in,” by paying off $150,000 in student loan debt and throwing money into the stock market.
We chat about frugality out of necessity and intentionality, avoiding lifestyle creep, the “golden handcuffs” of high salary careers, escaping poverty, and more.
In this episode you’ll learn more about:
- What made Delyanne want to become a lawyer and how she was able to retire from law at age 39
- The important lesson behind Delyanne’s experience pouring money into the stock market during COVID-19
- Passive income vs. front-loading work as an entrepreneur
- The cost of living in Portugal, when Delyanne plans to retire her mom, deciding to be child-free by choice, and more
Other Links Mentioned in episode:
- Small Steps To Reach Big Dreams + Going From An Observer To Main Player In Your Life
- Get The Budget Bootcamp for FREE
- Pre-order my new book, Your Journey to Financial Freedom, for special bonuses
- Check out my personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with Delyanne:
Connect with me:
Previous Episode
Episode 333: The Secret Weapon To Achieve Your Goals & Change Your Financial Life
In today’s solo episode, I talk about “the secret sauce” that changed everything for me.
Not too long ago I was in a cubicle with *something* missing from my life. I decided to investigate what that something was and because I operate on a growth mindset, I made the necessary transition to full time entrepreneur. Now, I’m able to fill my time the way I want... even without reaching financial independence.
With privilege and perspective in mind, I share how you too can use mindset to radically change your life and perspective on success.
At the end of the day, it doesn't matter how much money you have in the bank, if you don’t take the time to establish your reason for reaching that amount of money, you will never be fulfilled.
Remember: “Whether you think you can or think you can’t, you’re right.” - Henry Ford
In this episode you’ll learn more about:
- Why what you are capable of achieving externally is directly related to what’s going on internally
- How to use the power of mindset to pull you forward and become the best version of yourself
- What the “Be, Do, Have Model” is and how to feel good about yourself first
- The fixed mindset vs. the growth mindset, being honest with yourself, creating a money plan + more
Other Links Mentioned in episode:
- Get The Budget Bootcamp for FREE
- Pre-order my new book, Your Journey to Financial Freedom, for special bonuses
- Check out my personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with me:
Next Episode
Episode 335: How To Coast Your Way To Financial Independence, Save 60% of Income & Reframe What Retirement Means w/ Ada Vargas
Ada Vargas, founder of Queer Money Coach, joins the Journey to Launch podcast to discuss how they were able to reach Coast FI, what led them to full-time entrepreneurship, and why reframing your perception of investing is crucial to financial success.
Ada thought in order to retire you had to literally save millions of dollars. They didn’t know what investing was or about the FIRE (Financial Independence, Retire Early) Movement.
We chat about their mission of helping Queer folks thrive in their financial life, the “Four Yous Framework,” and how they went from spending 100% of their income to a savings rate of 60%.
In this episode you’ll learn more about:
- Coast FI, front-loading retirement as a high earner, and living off of $20k per year
- Leaning into financial empowerment and ease with the “Four Yous Framework”
- Reframing retirement savings from a “chore” to a gift you’re giving your future self
- The differences and nuances of queer personal finance + why representation matters
- Making the transition to zero-based budgeting, automated investmenting, shopping for index funds, and more
Other Links Mentioned in episode:
- Compound Interest Calculator
- Episode 126- How She’s Building a $500,000 Portfolio & Retiring Early at 30 Years Old (w/ a Purple Life)
- Episode 289- Retiring at 30yrs Old & Living A Full Life On $20k A Year W/ Purple
- Episode 248- Small Steps to Reach Big Dreams + Going from an Observer to Main Player In Your Life
- Get The Budget Bootcamp for FREE
- Pre-order my new book, Your Journey to Financial Freedom, for special bonuses
- Check out my personal website here.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
- What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!
Connect with Ada:
Connect with me:
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