“Quite frankly, the world of finance is like a second language. I mean, I didn’t understand anything.” - Fiona
Personal finance can be incredibly daunting, but understanding your numbers can yield amazing results. My guest for this episode is The Millennial Money Woman, also known as Fiona. She’s nurtured a passion for finance since her preteen years — while she knew that she loved the idea of money management, she didn’t quite have the grasp on it that she wanted, as financial literacy is something that we need to deliberately seek out in our society.
And seek it out she did!
After graduating with a Masters of Science in personal financial planning (as the only woman in her program), she is now the certified financial planner behind the The Millennial Money Woman website, dedicated to helping young professionals live abundant lives by making the right financial decisions now. She’s also the co-founder of a non-profit that teaches millennials financial literacy.
“Let’s be real here — money is really one of the few things that makes the world go round,” Fiona says. “If you really don’t know that much about money … there’s a problem! Because there’s so much more possibility and opportunity out there for you to make a better life!” Fiona is living proof — she bought her first house at the age of 23 and is on track to hit millionaire status in a few years. She wants her readers to achieve similar results, and I’m right there with her!
In this episode, she and I discuss the difference between earning wealth and managing it. You could have a $300,000/year income … and still be broke. As Fiona advises, “You earn wealth by retaining money, not by just earning it.” There are many ways to manage your money, and we break down a number of them through a hypothetical scenario involving a $1000 windfall. What would you do if you were handed $1000 right now? If you’re not sure, don’t worry. After this episode, you’ll have some fantastic ideas!
“If you’re not managing your money properly, you could be bringing in all the money in the world, but you could still be broke.” - Melissa Houston
In this episode, we’ll explore:
Highlights:
Links:
The Millennial Money Woman
https://themillennialmoneywoman.com/
The 5-Step Roadmap to Biz Finance Freedom
https://melissa-houston-cpa-cga.mykajabi.com/5-step-roadmap-to-biz-finance-freedom
Work with me
https://www.melissahoustoncpa.com/work-with-me
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