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018: Geeking with the Money Nerd Whitney Hansen
28th October 2016 • LIVETHEFUEL - Health, Business, Lifestyle • Scott W. Mulvaney
00:00:00 01:26:02

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On this episode, I connect with the other half of a previous co-host Tony Huynh, TheInstaGuy.co. Today we dive into the world of finance. Our co-host has a background in finance and has been pursuing her entrepreneurial passion for three years now. She helps people create budgets, pay off college loans quicker and plan for the future. A lot of people struggle with this regularly.

A lot of us suffer from limiting beliefs when it comes to money. One of the main reasons is because of the way we grew up. We have to remember money is just a tool, and it doesn't need to be hard. Today's co-host aims to put us at financial ease, today's co-host is Whitney Hansen of The Money Nerd Podcast.

 

We talk Money and more on this episode:

  • [spp-timestamp time="5:34"] How Whitney got into personal finance
  • [spp-timestamp time="6:26"] Paid off $30,000 of student loans in Ten Months
  • [spp-timestamp time="8:17"] Working two jobs for two years
  • [spp-timestamp time="8:48"] Office space
  • [spp-timestamp time="10:59"] Being disciplined and living a minimal lifestyle
  • [spp-timestamp time="14:13"] Being busy stops you spending
  • [spp-timestamp time="16:08"] Identify where you are spending in the wrong areas and start spending heavily in the right areas.
  • [spp-timestamp time="18:23"] You should have multiple savings accounts, one for your emergency funds, maybe one for the upkeep of your car or a vacation fund
  • [spp-timestamp time="19:07"] Profit First
  • [spp-timestamp time="20:22"] There are two types of people when to comes to money. Those who don't want to think about their money, they just want everything to happen automatically and there are those who want to manually move the money between accounts
  • [spp-timestamp time="22:00"] Embrace who you are, recognize your strengths and short comings but don't ignore them.
  • [spp-timestamp time="22:29"] Your a saver or a spender
  • [spp-timestamp time="26:25"] Money is just a tool
  • [spp-timestamp time="28:05"] Taking control
  • [spp-timestamp time="33:06"] Make money matter
  • [spp-timestamp time="34:45"] Limiting beliefs when it comes to money usually comes from the way grew up.
  • [spp-timestamp time="41:40"] Budgeting and checking in with yourself
  • [spp-timestamp time="44:44"] The snowball effect
  • [spp-timestamp time="45:25"] Give yourself a little win
  • [spp-timestamp time="46:41"] Vision boards and VAK - https://en.wikipedia.org/wiki/Learning_styles
  • [spp-timestamp time="51:16"] Bikini model and we talk about the book "Quarter Life Crisis"
  • [spp-timestamp time="58:01"] About The Money Nerds Podcast
  • [spp-timestamp time="60:40"] The power of Podcasting
  • [spp-timestamp time="64:17"] Money Nerds Podcasts shares best practices and tips
  • [spp-timestamp time="67:51"] If you are a business owner, Set 10% of your revenue, not profit aside for conferences or courses. This budget is for continuing education
  • [spp-timestamp time="68:50"] Going to events and moving away from your home office and start networking
  • [spp-timestamp time="70:45"] Personal Branding
  • [spp-timestamp time="78:03"] Money. Don't make it too hard
  • [spp-timestamp time="83:18"] Final Words

[spp-tweet tweet="Your financial life impacts your entire life. It's not just a piece. It is all intertwined - Whitney Hansen on LIVETHEFUEL.com/018"]

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Final Words

Your financial life impacts your entire life. It's not just a piece of your life. It is all intertwined. As soon as you figure out how to manage your money and it does not need to be difficult, the sooner you can figure out that process. The better the quality of life is going to be. Make sure you are prioritizing that and you are doing the research you need to make sure you understand how your money works.

 

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