Latino Financial Education, Investing & Wealth Building: MoneyChisme

EP87 Break Free From Financial Fear: Create a Sustainable Financial Plan with Nicole Stanley

Violeta Sandoval Episode 87
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00:00 | 26:31

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Nicole Stanley shares her journey from experiencing financial panic attacks to paying off $30,000 in debt with her husband in just 10 months and eventually building a quarter-million-dollar net worth on an average income of $56,000.

• Using therapy to address financial anxiety while simultaneously taking financial education courses
• Supplemented income through various side hustles like flipping furniture, nannying, and teaching English online
• Identifies five types of financial problems: spending, fixed expenses, income, money management, and financial strategy issues
• Views financial stress as a positive indicator that there's an opportunity waiting to be discovered
• Recommends creating a "spending plan" rather than a "budget" to reduce resistance and negative associations

Visit www.arisefinancial.com for free resources including 5-minute money moves, free classes on setting financial goals, and information about one-on-one financial coaching.


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Disclaimer:
I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Please consult a licensed professional before making any financial decisions. I shall not be held liable for any losses you may incur for information provided in this video. Please be careful! This video is for general information purposes only and is not financial advice.

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