How does your upbringing influence your money decisions today? We got to chat with Shang Saavedra of Save My Cents who talks about this very thing. Shang achieved work optional at 31, she has a 15 year career in management consulting and last year (at 37 years old) she quit her 6 figure career to spend more time with her kids. She Started Save My Cents - a personal finance platform - in 2017 focusing mainly on the mindset side of money. She’s also the author of the upcoming book Wealth is a Mindset ‘Change your mind, change your money’ which is being released January 2025.

The things you’ll learn:

• How Shang was able to achieve ‘work optional’ status by 31 years old
• Why she quit full time career and pursued motherhood and Save My Cents instead
• The biggest expenses people in the US have and ways to reduce them
• True cost of owning a car and how she saves money on food
• How she handled not going out to eat and alternative solutions to eating out
• Hiding her wealth and handling people perceiving her as ‘cheap’
• How she started her personal finance platform Save My Cents
• How Instagram has changed over time
• Why she focused on mental health with her Instagram content
• Connecting childhood and mental health
• Introducing her new book Wealth is a Mindset: Change your Mind, Change your Money
• The 3 root causes of unhealthy money behaviours
• Her ‘Trigger, Action, Reward’ tool to tackle the root causes
• Growing up in a migrant household
• Advice for people considering to have kids

Quick-fire round questions at the end:

1. What Freedoms Shang has experienced in her life so far
2. The daily habits that helped her in her life
3. Her most important lesson in life
4. Shang’s Transformational book recommendations
5. Biggest takeaway for listeners pursuing FI

Shang’s Websites/Socials:

• Instagram: savemycents
• YouTube: savemycents
• Linkedin: https://www.linkedin.com/in/shangsaavedra
• Book: savemycents.com/book

Freedom Before FI Links:

• Free Guides: Download the free ‘Freedom Ideas’ Cheat Sheet and the free ‘Find Your Purpose’ Worksheet at: https://freedombeforefi.com/free-guides/
• Website: Check out our resources and services at https://freedombeforefi.com/
• Email: If you want to connect, send me a note at greg@freedombeforefi.com

Disclaimer: This podcast is for informational purposes only and should not be considered as financial advice