Episode description
Episode description
“One of the best things that you can do for your financial independence is to look at what's out there that is sustainable, that you can make a good living at, and that you can make a difference in.” - Val Coelho
Welcome to the Mindful FIRE Podcast, where we explore living mindfully on the path to financial independence and beyond. I’m your host Adam Coelho and I’m so glad you’re here.
On today’s episode I’m again joined by my dad, Val Coelho for part 2 of our conversation. As a reminder, in part 1 of our conversation we dove into his story of coming to the United States from Portugal at age 24, meeting my mother while working on the cruise ships and how they eventually started a business that provided a financially secure life for our family. If you haven’t listened to that yet, I recommend checking it out, since it provides context for what we discuss in this episode.
In this episode, Val and I explore the lessons about money he learned growing up in a family in Portugal during a very tumultuous time for the country. We also explore the money lessons he tried to teach my brother and I. We even discussed one of my first big purchases, a $600 sound system with two 12-inch subwoofers for my tiny GMC Sonoma truck.
We also get his thoughts on the FIRE (financial independence retire early) movement. I was eager to hear his thoughts on this, since he and my mother are still working as small business owners and are hoping to retire soon, around regular retirement age. In the discussion, he brought up a great point about privilege and the fact that most people don’t have the luxury of thinking about retirement at all, since they’re focused on surviving under very difficult circumstances.
Val also shares:
- His top advice for those early on the path to financial independence
- His advice for those getting started with mindfulness
- One thing he’s grateful for
- His philosophy that “What other people think of me is none of my business”
PS: Introducing the…
🔥 FIRE Starter Group Coaching Program
Connect with your big vision for the next chapter of your life and start living it in 10 weeks or less using envisioning and the power of your mind.
Interested? Let's chat.
🔥 WHO I'm creating this for:
I'm creating this for YOU if you are feeling stuck & frustrated after saving and investing for years to create "financial freedom" only to find yourself:
- Unclear or unsure about what you want
- Overwhelmed by all the options created by financial freedom
- Not sure how to move forward to start living the next chapter of your life
🔥 WHAT we’ll do together over 10 weeks:
In this small group coaching program, you will:
- Finally answer “What do I actually want?”
- Come up with a BIG vision for your next chapter of life
- Learn what envisioning is and the brain science that makes it work
- Be challenged and inspired by thoughtful participants creating their own BIG vision
- Learn how to use your mind to start living your new vision right away.
🔥 My promise to you:
At the end of 8 weeks, you will be able to point to specific and tangible ways that you’re living out your new vision already.
🔥 Sound interes...