This week I sat down with financial expert and author, Deacon Hayes.

Deacon Hayes is a financial expert and founder of Well Kept Wallet. He has been featured in many news publications including Yahoo Finance, US News & World Report, CNN Money and more.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Deacon paid off $52,000 of debt in 18 months and how that type of mentality could lead to a much earlier retirement age.
  • Why Deacon sold a car he was upside down on and how it helped him achieve his goal.
  • How Deacon and his wife stayed motivated to keep things going.
  • The importance of communication if you’re partnered up around your finances.
  • What financial independence means and why you need to have something planned after reaching it.
  • How being financially independent can positively impact your family life.
  • Why it’s important to know what you want to do when you “retire” and why you should work on your answer now.
  • Why you need to understand how to make money (and considerations you may be missing out on).
  • How you can automate making money and remove yourself from the equation.
  • The three different paths you can take to early retirement.
  • What Deacon’s business is earning and a peak under the hood at net earnings as well.
  • How Deacon’s book analyzes different perspectives and paths to financial independence.
  • How you can diversify your income streams to reach financial independence.
  • Why establishing goals are so important and how they can prevent you from encountering “lifestyle creep.”
  • Where to start when figuring out what your number is for financial independence.
  • Common mistakes people make when attempting to work towards early retirement.

 

LINKS WE MENTIONED ON THE SHOW:

GET SOCIAL WITH DEACON AND LET HIM KNOW YOU HEARD ABOUT HIM HERE!  

  • Twitter
  • Deacon’s e-mail: wellkeptwallet@gmail.com

ENJOY THE SHOW?