Phase 4 is for those who are theoretically ready to launch but have an agreement to stay and conserve resources before the final move. If you have sufficient income to cover your bills, but are still living at home to save aggressively, this is your phase!

To be successfully in Phase 4, you need three things:

1. Sufficient Income to Launch: You can cover your bills (and potentially split rent).

2. Clear Launch Goals: Specific, tangible savings targets (e.g., first/last month's rent, full emergency fund, paying off small debts, or wedding costs).

3. A Launch Date Schedule: A reasonable deadline, set with your family, for when you'll fly the coop.

This episode is about making the most of this saving opportunity. Don't just mindlessly collect money! We discuss how to set achievable goals (within 12 months) and work toward your launch with intentionality and thanksgiving.

If you have this chance, learn how to do it right and set yourself up for long-term success!

Links & Resources:

• Ready to start your new story? Visit my website: www.newstoryfinancial.com

• Join the Conversation & Community: https://www.skool.com/launch-your-real-life-group-9967

Are you ready to stop letting independence happen to you and start making it happen?

In this episode of the Launch Your Real Life Podcast, we dive into Phase 3

You're in Phase 3 if you have:

1. Earned Income.

2. An Active Budget.

3. Ownership of an Entire Area of Expenses (like all groceries, or all car-related costs).

The core of Phase 3 is a smooth, intentional handoff of financial responsibilities from your parents to you. This systematic approach reduces anxiety, clarifies expectations, and prevents the confusing, intermingled finances that trip up so many young people.

Learn the baseline for Phase 3 and how to systematically add more personal expenses (phone, insurance, rent) to your budget to ensure a successful and confident leap into your own story!

Feeling overwhelmed? Listen in for encouragement—you absolutely can become confident and independent with money.

Links & Resources:

• Ready to start your new story? Visit my website: www.newstoryfinancial.com

• Join the Conversation & Community: https://www.skool.com/launch-your-real-life-group-9967

Are you in the awkward stage between total dependency and full independence? This episode is for you!

We're diving into Phase 2 of the journey to real-life independence. This is where you gain earned income and start taking intentional ownership of your finances—even if it's just paying for your gas or phone bill.

Host walks you through the 3 simple steps for Phase 2:

1. Define Responsibilities

2. Look to the Future (Start saving for college, moving out, or a wedding!)

3. Create a Simple Budget (Including that all-important tithe or charitable giving!)

The goal isn't just independence for its own sake, but so you can live out your part in God's story, with a peaceful family, good work, and generosity.

If you are a young person who is serious about being intentional with money, take a listen!

Links & Resources:

• Ready to start your new story? Visit my website: www.newstoryfinancial.com

Join the Conversation & Community: https://www.skool.com/launch-your-real-life-group-9967

Launch Your Real Life: Phase 1

Description: Failure to plan is planning to fail

In this episode of the Launch Your Real Life Podcast, we're diving into how to actually make the most of the time before you join the workforce. We talk about maximizing your time by learning all you can about personal finance so you can hit the ground running once you do begin to earn income.

You’re not doing nothing…You’re just in phase 1!

Links & Resources:

• Ready to start your new story? Visit my website: newstoryfinancial.com

• Join the Conversation & Community: https://www.skool.com/launch-your-real-life-group-9967

In this episode we ask the question, "why do personal finances matter?" especially in the context of our faith. As Christian's, we don't get the luxury of a YOLO mindset. We are called to consider the impact we can have on the Kingdom. Do we take care of our families? Absolutely. Do we enjoy this life and the blessings the Lord gives? Of course. But we also have to think bigger with our plenty.

Workshopping the Phases of Independence, a roadmap to help give language to young people on their journey to complete independence from their parents.

Phase 1: You do not have a job and are completely dependent. You can use this time to begin educating youself on personal finance and forming your plans.

Phase 2: You have a job or side hustle (earned income) and can begin using a budget and plan for your money. You give a percentage and pay for at least one of your bills.

Phase 3: Same as phase 2, except you are now responsible for an entire area of bills, or use your own money for day to day needs like gas, groceries, and entertainment.

Phase 4: You are earning enough income that you could be living on your own or with roommates without assistance, covering 100% of your expenses, but by mutual agreement you are still accepting help while you save for Launch Goals.

Phase 5: You are living completely independently from your family, actually covering 100% of your expenses and have moved out of your parent's home.

What do we mean when we talk about independence? What is the goal? This episode we begin to talk about it, starting from a standpoint of DE-pendence on the One who gives us the ability to get wealth.