Erin B. is a former marketer at Uber & Austin city-dweller who moved back to her hometown to cut down on expenses in order to lower her debt. Then she got laid off. Less than a year later, she’s happily earning less, saving more, getting creative with real estate investing & home renovations, and getting ready to start the nail salon/coffee bar of her dreams.  We cover:  What it was like to grow up in a small town with her sights set on big city living and how that feeling has morphed.  Growing up with financially-responsible parents and how that led to overindulging on credit cards.  How she and her husband went from avoiding money-talk at all costs to slashing debt and getting creative with their investments.  How she and her husband use her salary for living expenses and use his salary to payoff debt & invest in their dreams.  How they were able to buy two houses with $0 cash down and already have thousands in equity built-in.  Why they splurged on a nice car after having no car payments for several years.  Her plans to build a hometown nail salon and why she values business as a path to "schedule freedom."

Erin B. is a former marketer at Uber & Austin, TX city-dweller who moved back to her hometown to cut down on expenses in order to lower her debt. Then she got laid off. Less than a year later, she’s happily earning less, saving more, getting creative with real estate investing & home renovations, and getting ready to start the nail salon/coffee bar of her dreams.   We cover:  

• What it was like to grow up in a small town with her sights set on big city living and how that feeling has morphed.  
• Growing up with financially-responsible parents and how that led to overindulging on credit cards.  
• How she and her husband went from avoiding money-talk at all costs to slashing debt and getting creative with their investments.  
• How she and her husband use her salary for living expenses and use his salary to payoff debt & invest in their dreams.  
• How they were able to buy two houses with $0 cash down and already have thousands in equity built-in.  
• Why they splurged on a nice car after having no car payments for several years.  
• Her plans to build a hometown nail salon and why she values business as a path to "schedule freedom." 

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Jake G. is a former sales bro, recently turned data scientist. He also happens to be Allegra’s fiance—AND the reason she’s been able to focus 100% on starting a business for the last year. Combining cash and keeping plenty of it on hand has allowed them to build a company, a new career and a RE portfolio in less than 3 years.ANNOUNCEMENT: We’re building a 6-figure Savings course available in June! Head to factorawealth.com and click on "6 Figure Savings" to learn more.  We cover:  How Allegra & Jake met in 2017 and why they shared their financial situations with each other early.How Jake traded in his beloved 20k car to reduce his debt. Jake and Allegra’s plan to buy their first house—including an operation agreement that covered a hypothetical break-up. Why they put 10% down instead of 20% on their first house and what they did with the extra cash. How they put together a creative real estate investment partnership for their 2nd property and only spent 2k to acquire 50% of the property. Why they lived on Jake’s severance instead of touching their 40k emergency fund for almost a year. How they saved cash quick with rules like spending no more than $50 when they went out for dinner.

Jake G. is a former sales bro, recently turned data scientist. He also happens to be Allegra’s fiance—AND the reason she’s been able to focus 100% on starting a business for the last year. Combining cash and keeping plenty of it on hand has allowed them to build a company, a new career and a RE portfolio in less than 3 years.

We cover:  

• How Allegra & Jake met in 2017 and why they shared their financial situations with each other early.
• How Jake traded in his beloved 20k car to reduce his debt. 
• Jake and Allegra’s plan to buy their first house—including an operation agreement that covered a hypothetical break-up. 
• Why they put 10% down instead of 20% on their first house and what they did with the extra cash. 
• How they put together a creative real estate investment partnership for their 2nd property and only spent 2k to acquire 50% of the property. 
• Why they lived on Jake’s severance instead of touching their 40k emergency fund for almost a year. 
• How they saved cash quick with rules like spending no more than $50 when they went out for dinner. 

 

Download our FREE financial framework workbook

Learn more about the Wealth Circle

 

Amber L. is the founder and CEO of Charleston social media marketing firm Matchstick Social, which she runs from Oklahoma. She’s also Allegra’s best friend. Between founding her company and parenting two girls under the age of 4, Amber found time to take a Wealth Circle—which prompted her to start talking to her other friends about money too. 

We cover:  

• The money beliefs she inherited from her divorced parents.
• The mixed messages she received from her dad about financial generosity and control.
• Why meeting her husband helped her face money anxiety—and why they combined finances BEFORE they got married.
• How (and why) she became a remote CEO of her own company.
• How she found her dream house back in Charleston—and why she can’t move into it yet.
• The details of her first real estate investment (200k payout on a 50k investment) that has her hungry to do more.

Download our FREE financial framework workbook

Learn more about the Wealth Circle

 

We cover:  What it was like to grow up in a household that never talked about money and in a community that spent whatever they made. The relationship that made her feel like she lost her financial dependence. How she got laser-focused on creating an emergency fund that’s her “walk away” money—and what “walk away” money means. How she keeps her savings invisible to herself to combat her “spend what you see” mentality. How she paid off consumer debt and started saving  for a down payment in less than a year. Why she didn’t want to take a Factora Wealth Circle and what happened when she did. How she went from never sharing her numbers with anyone outside her family...to sharing on this podcast!

We cover:  

• What it was like to grow up in a household that never talked about money and in a community that spent whatever they made. 
• The relationship that made her feel like she lost her financial dependence. 
• How she got laser-focused on creating an emergency fund that’s her “walk away” money—and what “walk away” money means. 
• How she keeps her savings invisible to herself to combat her “spend what you see” mentality. 
• How she paid off consumer debt and started saving  for a down payment in less than a year. 
• Why she didn’t want to take a Factora Wealth Circle and what happened when she did. 
• How she went from never sharing her numbers with anyone outside her family...to sharing on this podcast!

 Download our FREE financial framework workbook

Learn more about the Wealth Circle

 

Abbie lives in Kansas City, MO and is the CEO of Paragraph Branding, a brand and web design studio. She got her start as a designer before taking the plunge and starting her own shop. After we hired her to design Factora’s branding and website, she decided to take a Factora Circle for herself and made some huge changes in her financial life.

We go over:  

• The tipping point at her W-2 job that led her to create her own company and how she did so without much of a plan. 
• How she survived the first 6 months of her business earning very little money. 
• What she learned about the importance of savings in the process and how she built emergency savings for her business.  
• Her near-term and long-term goals as a business owner. 
• How she avoids lifestyle creep and keeps her expenses low. 
• The system she uses to automate 20% of her earnings for savings with unstructured and seasonal pay schedules. 
• How she’s grown in confidence about money in the past year. 
• Her plan for becoming a real estate investor next year. 
• The importance of finding a community to discuss money and why it is imperative for any woman’s future. 

Abbie lives in Kansas City, MO and is the CEO of Paragraph Branding, a brand and web design studio. She got her start as a designer before taking the plunge and starting her own shop. After we hired her to design Factora’s branding and website, she decided to take a Factora Circle for herself and made some huge changes in her financial life.We go over:  The tipping point at her W-2 job that led her to create her own company and how she did so without much of a plan. How she survived the first 6 months of her business earning very little money. What she learned about the importance of savings in the process and how she built emergency savings for her business.  Her near-term and long-term goals as a business owner. How she avoids lifestyle creep and keeps her expenses low. The system she uses to automate 20% of her earnings for savings with unstructured and seasonal pay schedules. How she’s grown in confidence about money in the past year. Her plan for becoming a real estate investor next year. The importance of finding a community to discuss money and why it is imperative for any woman’s future.

Notes:  Why she moved cross country and got her dream job as a trash consultant. Transitioning from full-time work to contract role and why that was a better match for her life today. Inherited money values from both parents who worked multiple jobs. The financial and emotional struggle with not having enough in her emergency fund when she needed it most. How she has started digging herself out of debt. Buying her first home, the mortgage process, VA loans, and selecting a home they can afford and still save money every month. Ideas she has for starting her own side business and how she might go back to waste. How her and her fiance have different money philosophies and how tough financial times have strengthened their relationship. Why you need to give yourself more grace as you grow up in life and develop your financial plan.