194: Break Up With Debt

WITH Melanie Lockert

 

Joining me today is Melanie Lockert. Melanie is the author of the book, Dear Debt, based on her long-standing blog. She is also the podcast host of Mental Health and Wealth. Melanie was successful in paying off $81,000 in student loan debt and she has chronicled her journey on her blog and in her book. Today our focus will be all about debt and how to manage it.

Topics Mentioned:

• Stages of debt

• Money mindset

• Self-worth vs. Net-worth

• Spending triggers

Key Thoughts:

• Suddenly, I felt basically like a broke college student all over again. The blog was really me trying to take back control over my life, because I felt out of control in the way that it affected my mental health. Melanie Lockert (3:45) 

   

• I realized that I had given up my own control of my money, for the payoff of pleasing other people are doing what was expected. Michele (7:19) 

   

• It's so interesting what happens when you put a crazy goal like that online. Soon I had these supporters cheering me on and then I realized six months to a year later that I can turn my blogging skills into freelance opportunities as a writer for other blogs and for other finance companies. Melanie Lockert (17:02) 

   

• Profit First is creating a rhythm of creating and managing profit within the company, so that the company can be sustainable. Michele (41:24)

 

Contact Michele:

• Email: [email protected]

• Facebook: Scarlet Thread Consulting

• Instagram: @ScarletThreadATL

• Website: ScarletThreadConsulting.com

• LinkedIn: Michele Williams

Contact Melanie:

• Email: [email protected] 

• Website: www.mentalhealthandwealth.com

• Website: www.lolaretreat.com

• Website: www.deardebt.com

• Website: www.melanielockert.com

• Instagram: @melanielockert

• Twitter: @melanielockert

Resources and References:

• Work with Me

• Dear Debt by Melanie Lockert

• Mental Health and Wealth Podcast hosted by Melanie Lockert