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Steph used to work at SpaceX and NASA…
It’s Steph’s 1 year anniversary since she quit her job working as a rocket scientist. She reached FI by building an income through real estate in Greece, and now spends her time organising workshops and helping women with money as a financial coach!
You’ll love her story.
We also chat about…
- Steph’s strategy to reach FI
- How she acquired her property in Greece
- Getting over the fear of going to Europe
- What she currently spends her time on
- Her side hustles organising money workshops
Enjoy this chat with Steph, and please subscribe to us in iTunes if you enjoyed it!
Show notes and links from today’s episode
- Blog: The Money Muse
- Steph on Facebook, Twitter and Instagram
- Gold City Ventures
- How they paid off $200,000 in debt in 5 years | Mr. and Mrs. rich & REGULAR
- Article: For These Women, a FIRE That Burns Too Male and Too White
- Requirements to become an accredited investor
- Mad Fientist
- Etsy Shop: The Swag Elephant
- Book: Broke Millennial
Key takeaways from our chat with Steph
1 – The risk in buying a property overseas
Steph was born in Greece but moved at the age of 3. She didn’t meet her dad until she was 20, and that’s when she was introduced to the concept of building villas and renting them out to tourists during the summer. So she started saving all the money from her job to allocate it to building a villa, and hiring her Dad as a property manager. Steph explains that there was a huge risk in this, and she decided to take a year off to see the villa get built and get to know her Dad. In the end it all worked out – she was willing to take the risk to maximise the return.
2 – How Steph decides what to do with her time
It wasn’t easy for Steph to quit, she first took on a part time contract before completely quitting. She then immediately took some barre classes, got a dog, volunteered at a pet shelter and finally had time to do all the things she wanted to do. Now she works at a co working space and runs a few side hustles including setting up events, financial coaching and talking about investing. She’s realised that now that she’s FI, she has the time to pursue activities that have a bigger impact.
3 – Not everything has to be tracked
Steph does not identify as frugal or non-frugal; she’s somewhere in the middle. She lives in Seattle and spends around $4k a month. Her priorities are education and health, and she is willing to spend money on things she finds important. She says that unlike others who reach FI, she did not really track her journey, but relied on her property in Greece to help her get where she wanted to be. As J says, there is no one size fits all approach to FIRE.
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