MINISODE: What is a Work-Optional Lifestyle?
We’ve got something new for you! Every couple of weeks, we’ll be mixing up the style of our podcast: 1 week will be long-form and the following week will be a minisode. These are super short-and-sweet tips to help you get your financial house in order, get the DL on what’s going on in the economic world, and generally empower you to live life on your terms!
With that said, let’s dive into this week’s episode: What is a Work-Optional Lifestyle & How Can You Get There?
The most exciting part? You can choose your own adventure: listen to the audio above (or on your podcast app) or pop over to the video to watch this 2-minute clip right now!
WHAT YOU’LL LEARN
- What the goal of our work really is
- What BULB stands for
- How you can calculate your BULB number
- How to start putting money toward your BULB
- Why we believe in a work-optional lifestyle instead of retirement
As we’ve mentioned before on this podcast, we’re big fans of the BULB. BULB, which stands for back-up life bank, is not a complex number to figure out:
From there, it’s all about investing and saving enough to get you to reach that number. If you’re a successful business owner and are committed to investing and saving, you’ll be surprised how fast you do reach BULB status!
But of course, you’ll have more questions. That’s why we’re sharing all our BULB resources down below so you can continue the exploration!
We all want a work-optional lifestyle, but only those who are committed to reaching BULB status will get there. Is that you?
This material is for general information only and is not intended to provide specific advice or recommendations for any individual.
Resources & People Mentioned
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- Our BULB Calculator, which you can find in our FREE go-to financial and life planning resources
- All about “BULB”:
- The Toujours Planning Quiz — Are we a good fit for your financial planning needs?
- The Toujours Planning Blueprint to Wealth + Security
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What if you had a clear formula to help you figure out how much to save… while paying down debt and enjoying life? It is possible… when you know your numbers.
