Friends With Money #61: Four steps to financial freedom


Achieving financial independence is as easy as 1, 2, 3, 4, and you can achieve this on any budget!

Sounds impossible? The four steps to financial freedom are this week's topic on the Friends With Money podcast featuring author and financial advisor, David Scollon, and your host, Money's Michelle Baltazar.

They discuss:

friends with money podcast how to achieve financial independence

  • What are the 4 steps?
  • How can you build wealth on a low income?
  • What's the most important step?
  • It's all so complicated
  • The Book:  Mission: Possible

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at media companies including BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice.

David Scollon is a senior consultant at JANA Investment Advisers advising clients on investing with a particular focus on retirement solutions, sustainability and regulation. David holds a Bachelor of Economics, a Foundation Diploma in Financial Planning, and a Master of Business Administration.
Jason Vella
August 25, 2022 10.45am

Hi Michelle. What an outstanding podcast with David. I have ordered the book " physiology of money" by Morgan Housel. Mission possible is my next book on the radar. Thanks again for great insights to finance and growing wealth.

Michelle Baltazar
August 25, 2022 2.36pm

Thanks for listening to the podcast, Jason! Great to hear you found it useful. David was a wonderful guest and we hope to bring him back again in future episodes.

All the best and let me know what you think of Housel's book. I haven't read that one!

Michelle Baltazar



David Scollon
August 31, 2022 9.47pm

Hi Jason, great to hear that you liked the podcast.

I am sure you will enjoy Psychology of Money. I have admired his writing for a while so I was chuffed he took the time to provide a testimonial for MISSION: POSSIBLE.

Note if you would like a signed copy of MISSION: POSSIBLE, go to the book's website (linked in the podcast) and use 'earlydiscount' code.

Happy reading and putting all the knowledge into place! Regards, David