In today's episode, I'll be sharing the biggest money lessons I've learned throughout my journey, taking my net worth from negative $40,000 in credit card and student loan debt to a seven-figure net worth. 

I'll be opening up about personal stories that have never been shared publicly before, providing insights into these financial lessons. Some of the stories include being sued by my former employer, relying on my mom to pay my rent during unemployment and financial struggle, and being financially dependent on a cheating fiancé. 

By delving into these experiences, I aim to offer a holistic approach to money management and simplify your path to wealth. My goal at Holistic Money is to empower you with valuable lessons that you can apply in your own financial journey. Expect to hear compelling stories that provide great insight into money lessons you can also learn.

Key Highlights

[00:00:00] Holistic Money Podcast intro

[00:01:00] Introduction to today’s topic:

[00:02:15] My shameful financial situation in 2015

[00:05:50] My first biggest money lesson

[00:07:40] Quitting my job and starting my business

[00:08:01] Meeting a wealthy unreliable fiancé and the lesson this taught me

[00:16:09] Splitting with my fiancé, moving out, and finding a job

[00:18:16] Getting a six-figure salary job at a FinTech as a financial advisor

[00:18:47] Most important money lesson: Seeing lessons and value of every financial decision
[00:21:00] Holistic Money Podcast outro

Notable Quotes

• The first big money lesson that I learned is that just having a strong burning desire to do something, especially like start a business or take a low-paying job, is not necessarily enough to make it a great decision for you if you don't have a strong financial foundation to lean back on.
• Do not go for a relationship with a partner simply because they are wealthy.
• The next lesson I learned after starting my business was to take a manageable financial risk, like starting a new business or taking a job that pays you significantly less without establishing a secure financial foundation. It is so critical that you learn strong money management skills and that you have good financial habits before you take any large financial risk.
• After getting cheated on, getting sued, and moving out, I decided at that moment that regardless of everything that had happened in my financial life and the decisions that I had made, I was still valuable. The skills I had from my positions in previous financial roles were incredibly valuable, and the decisions I had made during that time did not define me.
• The most important thing in your life, and even with your money, is truth and acknowledgment, which is looking at what's happening and starting to address it and plan for it.

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