Shang from SaveMyCents

Episode 3 of the Captain FI podcast features Shang from Savemycents. Shang hit her (7 figure) FI/RE number and reached 'Work optional' status at age 31, making her a Millionaire after only 11 short years in the workforce. Shang graduated from Harvard University and is an MBA. She now lives in New York, where she balances her free time between passion projects (like being a money coach and finance blogger) with being a new mum. Shang is the author of savemycents.com, and is a bit of an Instagram influencer now that her channel has nearly 30,000 subscribers. Shang is a woman of many talents; in addition to her writing and media skills, she is also a very talented musician. In this Episode we explore Shang's background and motivations for FI/RE, as well as the steps she took to reach it; including how she was able to shake self limiting beliefs and adopt a mindset of abundance and gratitude. We cover the common stumbling grounds of frugality and self deprivation vs delayed gratification, as well as stock picking vs index funds. Shang is also an experienced travel hacker, ruthlessly racking up points to fund around the world travel with her young family; we discuss how she was able to cover 95% of the cost of a 3 month long all-around-the-world family trip using only points. Shang delivers some valuable insights for those on the path to FI/RE, including her favourite blogs, authors and her top three tips for financial independence.