How to Retire Early with Deacon Hayes

This week I sat down with financial expert and author, Deacon Hayes. Deacon Hayes is a financial expert and founder of Well Kept Wallet. He has been featured in many news publications including Yahoo Finance, US News & World Report, CNN Money and more. HERE'S WHAT YOU'LL LEARN FROM THIS EPISODE: How Deacon paid off $52,000 of debt in 18 months and how that type of mentality could lead to a much earlier retirement age. Why Deacon sold a car he was upside down on and how it helped him achieve his goal. How Deacon and his wife stayed motivated to keep things going. The importance of communication if you're partnered up around your finances. What financial independence means and why you need to have something planned after reaching it. How being financially independent can positively impact your family life. Why it's important to know what you want to do when you "retire" and why you should work on your answer now. Why you need to understand how to make money (and considerations you may be missing out on). How you can automate making money and remove yourself from the equation. The three different paths you can take to early retirement. What Deacon's business is earning and a peak under the hood at net earnings as well. How Deacon's book analyzes different perspectives and paths to financial independence. How you can diversify your income streams to reach financial independence. Why establishing goals are so important and how they can prevent you from encountering "lifestyle creep." Where to start when figuring out what your number is for financial independence. Common mistakes people make when attempting to work towards early retirement.   LINKS WE MENTIONED ON THE SHOW: Deacon's website Deacon's Book