Jessica Garbarino runs EverySingleDollar.com a community dedicated to supporting single women in the journey out of debt. Enjoy a preview of our upcoming conversation about how this single women conquered her mountain of debt.
I gathered a panel of experts to contribute to a fascinating discussion on whether college-educated women should risk losing $25,000/year by marrying someone who isn't similarly positioned.
Is marrying for love an outdated notion?
Along with the revised podcast, we bring in crowd-sourcing to share tips for enjoying life while dumping debt. Figure out this one thing and your journey out of debt will run smoother.
This episode first ran with our series called OPP - Other People's Problems. We talk with a debt free diva who's first marriage, unfortunately, ended in divorce. She took 3 years to right her financial ship, made some tough sacrifices, but has been able to rebound and reclaim her life.
Since divorce has a disproportionately negative impact on the financial lives of women, we glean helpful tips for women facing this transition. Divorce may be a setback, but it doesn't have to derail your debt-free dreams.
For more information, visit the show notes for this episode.
Jason Burns, co-owner of Downsize Fitness in Chicago, Dallas, and Vegas. He’s a former professional football player from the Cincinnati Bengals and has turned his sports enthusiasm into helping people living the healthy life they desire.
Check out the show notes for this episode for all links mentioned in the episode.
Basheerah Ahmad is not your average fitness guru. She works with stars such as Vivica Fox, Steve Harvey, and Ruben Studdard to name a few. She's appeared on Dr. Phil and the Doctors and she's stopping by to give us a bit of her valuable time. Want to know how to get fit without burning a hole in your wallet? Tune in and be inspired.
They really do. Ashely Hicks and Toni Carey, founders of Black Girls Run, join us to discuss budget friendly tips on enhancing your physical fitness while you are improving your fiscal fitness. Tune in for great tips and motivation to get moving today!
Steven is a fellow Chicagoan and personal finance blogger with EvenStevenMoney.com who had to leave paradise and start over so he could dig out from under a mountain of debt. In the process, his now wife shows us how a supportive partner can accelerate the mindset change required to get serious about dumping debt. I love this personal finance meets romantic good news movie script we’re treated to. Steven is very honest about the challenges he faced when making the adjustments, but temporary sacrifices ended leading his family to a life of freedom. As you listen, reflect on the adjustment necessary in your own life that will help you get serious about eradicating debt.
Bola is and average girl with a goal. She didn't come from rich parents and she didn't have a sugar daddy. On an average salary, starting out from college - she was able to save $100,000 in 3 and half years.
What she did have was a mom who practiced what she preached and a great idea for creating extra income from a simple hobby. Take her lessons and apply them to savings or dumping debt. It doesn't matter. Just make the dream work.
Are you doing any of these common five things that keep you in debt? Dumb may be a harsh word, but bringing attention to potentially destructive behaviors is more important than avoiding ruffled feathers.
If dumping debt is your goal, make sure to remove any of these items from your to-do list. Permanently.
I spoke with three travelers who ventured to different countries - all with a similar experience. They were able to make their money go further overseas than living at home. For those looking to attack debt with more gusto, consider living abroad for a time. Listen to these stories for ideas on how to make your debt disappear and create a cultural experience in the process.
Gabby Wallace is a TEDx speaker, entrepreneur and consultant. She started out teaching English and moved to Japan for a little adventure. After being “invited to quit” her job in a foreign land, she created a successful online English language school – Go Natural English - using YouTube video marketing. Her first YouTube channel for English language learners has over 200,000 subscribers and 10 million views. She runs LaptopTeacher.com which provides online training for video marketing.
Melissa Thomas is passionate about personal finances, but as the founder of Melissa the Coach Financial Coaching, she wasn’t always that way. Like many of us, she was living from pay check to paycheck barely making ends meet. On top of that she had a very particular hobby that later became motivation to fix her finances.
Tune in and be inspired to find your own muse to accomplish your debt free goal.
Amethyst Phillips joined me to share how her debt free journey opened doors to an amazing adventure. She's spending 365 days outside of the United States because she can. Amethyst is off to travel and have an extended cultural experience faciliated in part by her lack of debt.
Maybe world travel is not your muse. Grab onto whatever motivates you to accomplish your debt free goals. In the meantime, tune into Amethyst's epic adventure, learn her strategies for staying focused, and be inspired!
The show notes at DebtFreeDivas.org contain links to all resources mentioned in today's episode.
Dana Sharp may have hit the parent jackpot. Her father was frugal before it was fashionable. He began his career as a Chicago Public School gym teacher and worked over his lifetime to amass a considerable fortune that his great grandchildren still benefit from to this day. Dana's father valued character building, saving, and education which makes him our real life example of the people profiled in Thomas J. Stanley's groundbreaking research on high net worth people in this country in The Millionaire Next Door.
Dana shares the lessons from her father that she employs and now passes to her children and grandchildren. This was such a powerful episode, full of wonderful pearls of wisdom that anyone - parent jackpot winners or otherwise - can apply.
We can all build a solid financial foundation and pass on the traits that create millionaires next door.
In this blast from the past re-play, we chat about the millionaire next door concept based on a book of the same name by Thomas J. Stanley. We discuss 3 principles that separate people focused on wealth building from those who only care about the paycheck size.
It's hard to believe that this was recorded 5 years ago. Forgive the muffled sound in spots - the information is still relevant and applicable.
Michelle Jackson left stable career as a university professional to venture into uncharted waters as a freelance professional just over one year ago. She had expenses, money challenges to overcome, and a little anxiety about taking the plunge. She's sharing the ups and downs of managing a life without a steady paycheck. The challenge has been rewarding, but not without drawbacks.
While she's transitioning to a new business model, she's still very much in love with the idea of depending on self to reach her financial goals.
All resources mentioned today will be in the show notes at DebtFreeDivas.org for the episode: Making Money on your Own: Inside the Freelance Lifestyle
Amanda Paige is free from $47,000 in student loan debt. She overcame under-earning and knocked out a 5-figure debt total in just over one year. - 14 months. Amanda shared her journey through bankruptcy and financial set backs to regroup and implement a plan to be debt free.
Your journey may not look like Amanda's because it's not supposed to. Draw inspiration from her story and figure out what resources you can exploit to accomplish your dream.
This is a candid conversation with Jon White, financial coach with JW Financial Coaching. He lost thousands of dollars making costly mistakes on his first real estate purchase. He's learned from the mistakes and turned that experience into a great guide for others. Jon shares with us his lessons learned and process improvement for buying and selling a home the right way.
Identical twins, Tai and Tarin Perry aka “The Double Saving Divas”, are former investment bankers turned extreme coupon experts. Their motto is 'saving without compromise'. This financially savvy duo joins the Debt Free Divas to share their expertise and tips on saving up to $10,000/year. Want to know how they flew a family of 7 to Disney for FREE? Join us on the Midday Money Show.
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Today, I turn to Barbara Friedberg of Barbara Friedberg Personal Finance.
Before running her own company dedicated to providing investment education for consumers, Barbara was an investment portfolio manager and CFO for Cadco Realty, an real estate holding company. She’s been investing since her early 20’s and with an MBA in Finance she’s taught corporate finance and investing at Santa Clara University.
She joins the Midday Money Show to help us explore how we can get started investing with us today.
All resources mentioned in today's episode will be available in the show notes at DebtFreeDivas.org.
Gina Horkey made $15,000 last month based around her business as a freelance professional. She started her freelance career a little over 2 years ago and left her full time position to support her family of four. It all started with freelance writing.
Gina shares her tricks of the trade and motivation on how you too can get started.
Whether looking for ways to increase your debt dumping momentum, saving for something special, or just creating multiple income streams - freelance work might be what you need.
The show notes at DebtFreeDivas.org contain links to all resources mentioned in today's episode. Stop by and say hi!
Emily Guy Birken is a fabulous personal finance writer contributing to many sites including Wise Bread and Huffington Post. She's penned two resources for retirement and she joins us on the Midday Money Show to talk about prepping for retirement. Whether you have 5 years or less or plan to think of your retirement on a global scale, Emily has great ideas, resources, and tips. Demystify the idea of planning for retirement and get help to find out what you should be doing today.
Links to all resources mentioned in today's episode can be found in the show notes at DebtFreeDivas.org.
Fourty percent of mothers are Breadwinner Mothers. You're either a single mom or the major earner for your household. Even still, mothers make 80% of the purchasing decisions for all households.
Jackie Cummings-Koski, a single mom herself, beat the odds and embraced the need to improve her financial literacy. She's the author of Money Letters to my Daughter - winner of the 2013 Excellence in Financial Literacy Award. She’s a director with the Ohio Chapter of BetterInvesting, the nation’s largest non-profit organization dedicated to individual investment education. She’s even received a shout out from Capital Hill for her work in improving financial literacy.
Jackie joined the Midday Money Show to talk about how moms can (and should) be smarter with their money.
Elizabeth Colegrove is a passionate investor who was tired of hearing that it wasn’t possible to be successful in real estate so started her blog, the reluctant landlord. With 8 properties on her balance sheet, this navy wife balances frugal living and a love for travel with their goal of reaching financial freedom so they can live anywhere once her hubby retires from the Navy. We talk all about moving toward debt freedom on the Midday Money Show…but today Elizabeth joins us to share how over $1 million of debt is all part of her master plan.
Check out the show notes for this episode at DebtFreeDivas.org.