024 - Vineet Prasad helps you lay a financial runway to take flight in entrepreneurship
Play • 36 min

Show overview:On this episode we interview Vineet Prasad, Founder of Savings Academy, a 1:1 personal finance coaching program for young professionals. Vineet is a former employee at Facebook, but left the corporate tech world to help others with their savings. He coaches others from experience, having saved 60% of his annual salary while working at Facebook in order to have enough financial stability to launch his business. He’s a firm believer that you should work because you want to, not because you have to. This is a great episode for anyone struggling to balance their full time job with a side gig. 

Vineet’s Why:He wants to help people from becoming trapped in jobs they don’t like. He believes time and freedom is the ultimate currency. He enjoys creating a strategic approach around savings to help others spend time on the people and things they love. 

What was it like working at Facebook?Although the Silicon Valley stereotypes are true, it was a really great job. They move fast, and the workplace was very enjoyable. It was competitive, but he really enjoyed the people he worked with and was blown away by their talent. 

What is Imposter Syndrome?When you work at an organization that has very intelligent people, and you begin doubting your own knowledge and talent. The underlying fear being that you will get out-performed or replaced by someone better than you. 

3 tips to become better at saving money:

  1. Self-awareness: create a system
  2. Frequency: check that system regularly
  3. Mindset: no one is inherently good or bad with money 

Book recommendation from Vineet:

The $100 Start-Up by Chris Guillebeau

How to contact Vineet:

Website: savingsacademy.com

Email: vineet@savingsacademy.com 

LinkedIn: www.linkedin.com/in/vineet-prasad-18b40823/

Instagram: www.instagram.com/savingsacademy/?hl=en

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