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Wealthy After 40: Personal Finance, Financial Freedom, Debt Payoff, and Retirement Savings for Gen Xers
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Ep 87 | Day Trading 101: A Beginner’s Guide to Financial Growth with Erin Thompson
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Join the Financial Freedom Accelerator and create your personalized roadmap to retirement!
In this episode of the Wealthy After 40 podcast, my guest Erin Thompson, a financial freedom architect, shares her inspiring story of overcoming significant debt twice and offers insights on developing effective financial habits.
Erin also delves into how she got into day trading and shares the basics of “safe” day trading with us. She emphasizes the importance of education, proper planning, and controlled risk. She highlights how day trading can be a viable path to financial growth for individuals looking for flexible, home-based financial strategies, particularly appealing to introverts and those with analytical minds.
00:36 Erin's Financial Freedom Journey
01:29 Overcoming Debt Challenges
03:48 The Concept of Budget Parties
04:41 Introduction to Day Trading
10:12 Day Trading for Beginners
13:34 Who Should Consider Day Trading?
21:03 Balancing Day Trading with Life
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