Have you ever wanted to become better at managing your day-to-day money in order to help prepare you for success? Maybe you have a large amount of debt and don’t know how to figure out a better way to manage your money. It all starts with a mindset shift. Today, WTR welcomes Linda Hannon, the founder of Real Family Finance, which provides online classes to teach women how to manage their money. In today’s podcast, we will be discussing 5 key points to thinking differently about managing your money. This episode will ultimately help you with making a plan to manage your money and build more wealth.

Ingenious tactics to accumulate wealth, for people who see things differently.

Linda Hannon

Linda is the founder of Real Family Finance, online classes to teach women how to manage money.

Website

https://realfamilyfinance.com/

LinkedIn URL

https://www.linkedin.com/in/lindahannon/

Facebook URL

https://www.facebook.com/RealFamilyFinance

YouTube URL

https://www.youtube.com/channel/UCK-aKdi0Jn-5EKDyfKmI7Mw

NOTES:

• [00:27] Kevin: Today we're joined by Linda Hannon, the founder of Real Family Finance which is online classes to teach women how to manage money. If you wouldn't mind sharing a little bit about where you came from and what inspired you to get to where you are today.
• [01:02] Linda: I was in the corporate world for over 30 years[01:10] I used to specialize in companies that were in distress (crisis management)
• [01:36] Like a lot of people, in my early 20s I felt like I had not been taught how money works, and even though I did it for a living, I did not get my personal finances under control
• [04:30] I went on a mission on how my personal finances worked, and I had an advantage due to the accounting background, but it was hard[04:44] Took classes but the classes only covered a piece of something, not the whole thing
• [05:02] In accounting, they didn't teach how to manage your personal finances or how to budget. They would teach you how to count money that came in, but they wouldn't teach you how to proactively plan
• [05:42] It took me years and a lot of mistakes along the way before I figured it out, but I eventually came up with something that worked for me[05:56] I was at a networking event and a woman asked me: Do you do for people what you do for businesses?
• [06:28] I started teaching live classes and took off from there
• [06:32] I was amazed to realize that no one knows how money works, there are no resources
• [06:38] Kevin: There really isn't. It's one of the reasons for this WTR podcast and that there needs to be more coaches out there[06:44] To help you understand what the tactics are on how you manage your money
• [07:14] Linda: I think we both talk about the same thing and that is that you can't think in pieces, you need to have a fundamental base to work from and then there's a place to drop the pieces into[07:25] If you don't have that fundamental base and a fundamental plan, then nothing is going to work or it's going to be very painful
• [07:36] Kevin: Hope is a great thing to have, but it's not a plan
• [07:42] Linda: As we both know, one of the big factors for...