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Top related persons:
Jamila Souffrant - 2 Souffrant - 2 Woody - 2 Nischa Shah - 1 Nischa Shah Nischa Shah - 1 it's - 1 Shah - 1 ramping - 1
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America
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Business - 2 America - 1 Investment - 1 Service - 1

Search resuls for: "Jamila Souffrant"


2 mentions found


☆ Employees are building 'F-you funds' before quitting their jobs. Here's what it means and how to build one.
  + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +6 min
Souffrant set out to save enough so they could cover one year's worth of expenses between Woody's salary and her savings. How to build your own 'F you fund' in 2 stepsAnyone can start an "F you fund" like Soufrrant and Shah did to create more options for themselves. Souffrant kept hers in a high-yield savings account. That way, the money was still accessible but earning more interest than it would if it was sitting in a traditional savings account. If your number is $200 per month, have that amount lifted from your checking account and deposited into your "F you account" each month.
Persons: Jamila Souffrant, Souffrant, Nischa Shah, Nischa Shah Nischa Shah, it's, Shah, Woody Organizations: Business, America, Investment
☆ A financial freedom expert explains why you should have an 'FU fund' in addition to an emergency fund — and how it helped her quit her job before 40
  + stars: | 2023-12-21 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +4 min
When Jamila Souffrant found out she was pregnant with her third kid, she was working a full-time corporate job while building her financial freedom blog and brand. To set herself up to walk away from corporate America, Souffrant started ramping up her "FU fund," which she describes as "an emergency savings fund on crack." Souffrant set out to save enough where they could cover one year's worth of expenses between Woody's salary and her FU fund. AdvertisementFor about a year, Souffrant decreased her contributions to her retirement savings and investment account to beef up her FU fund, which she kept in a high-yield savings account. Souffrant encourages anyone who is pursuing financial independence to build an FU fund.
Persons: Jamila Souffrant, Souffrant, ramping, Woody, wouldn't, she's Organizations: Service, Business Locations: America
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