Episode 6

full
Published on:

11th Apr 2020

Keep Your Money and Your Values Aligned I E6 Luis Savery

Today’s guest is Luis Savery, Founder of Templo Education.

In this episode, Luis and I discuss why he started an organization focused on educating young adults about financial literacy.

We talk about why he believes your purchases reflect what you truly value, how to get someone to be your mentor, and the small yet significant difference between discipline and impulse.

This episode is perfect for anyone looking to be more intentional about how they handle their money.

 

Key Takeaways:

[5:07] How growing up in Upper Manhattan influenced Luis’ mindset on money

[13:18] The inspiration for Templo Education and how the organization works

[19:19] Why the school system fails to teach financial literacy and what Luis would do about it

[26:16] Luis’ advice on how to find a mentor and maximize that relationship

[33:43] Where you spend your money reflects what you value

[41:18] Discipline versus impulse

 

Favorite Quotes:

[18:38] Adding finances to your repertoire while you're learning enhances you no matter what career you’re in.

[22:50] I can feed the angel or the beast, whatever your habits are, more money is going to feed that.

[36:46] When you look at someone's bank account, you can really see what they value.

[43:05] When you don't plan, the money controls you, but when you plan, you control that money. You tell your money where to go.

 

Mentions:

Shoe Dog: A Memoir by the Creator of Nike by Phil Knight

 

More of TSIR:

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About the Podcast

FI Minded - Financial Independence Without the Extremes
Achieve Financial Independence & Have Fun Doing It
Pursuing financial freedom, a work-optional lifestyle, or early retirement often leads to the same questions: “one more year,” “do I have enough?” “what does life actually look like after this?”

FI Minded helps you think like someone who’s already financially independent so you can make smarter decisions about how you work, spend, and live.

From Coast FI and Slow FI to lifestyle design, career transitions, healthcare, and self-employment, each episode explores the real decisions behind building a flexible, work-optional life…without burnout, over-optimization, or missing out along the way.

We cover:
* Smarter ways to reach financial independence (without burnout)
* Designing a flexible, work-optional lifestyle
* Coast FI, Slow FI, and enjoying your time along the way
* What life actually looks like after FI (and how to prepare for it)
* The tradeoffs behind big money decisions

Make progress toward financial independence while actually living your life.

Some of our past guests include Carl Jensen (1500 Days), Jeremy Schneider (Personal Finance Club), Nick Loper (Side Hustle Show), Andrew Giancola (The Personal Finance Podcast), Jordan Grumet (Earn & Invest), Rachael Camp (Work Optional), Jillian Johnsrud (Retire Often), Sean Mullaney (FI Tax Guy), Jill Sirianni (Frugal Friends), Jackie Cummings-Koski (Catching Up to FI), Joel Larsgaard (How to Money), Cody Garrett (Measure Twice), Jesse Cramer (Personal Finance for Long-Term Investors), Jess (The Fioneers), Chris Hutchins (All The Hacks), Diania Merriam (EconoMe), Andy Hill (Marriage Kids Money), Fritz Gilbert (Retirement Manifesto), and and others helping you rethink how to approach financial independence.
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