Wise Money Mentor

Nov 12 2024 19 ep. 35 mins 9

Wise Money Mentor Podcast artwork

Stories and principles that help you get the clarity you need to take total control of your finances and feel confident that you're using your money to build the life you want

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Taking a multi-threaded approach to staying above water (E19)

Nov 12 2024 53 mins

If you feel like the financial walls are closing in on you, this episode is for you. Alex started his career with every reason to be optimistic, transitioning from one role to another with a meaningful pay increase each time. That optimism took a hard hit when the combination of student loans, an auto loan, personal loans, and credit card debt led to minimum monthly payments that

Buying freedom (and singing lessons!) by paying off $100K in debt despite starting at $18K in annual income across 3 jobs (E18)

Sep 10 2024 50 mins

If you're barely scraping by and the idea of even spending on something you want to do seems unfathomable, this episode is for you. Amy came from humble beginnings, raised by parents who had no choice than to be frugal and scrappy in order to provide a great upbringing for Amy and her sister. Amy followed her parents' examples when she finished college and had to work three jobs t

Going on offense to grow investments from $5K to $100K (and a bus!) in less than 4 years (E17)

Aug 13 2024 47 mins

If you feel like you're constantly on defense with your chaotic finances, this episode is for you. Amber is an auditor who started her career with plenty of things going for her, but spending wisely wasn't one of them, and that led to her feeling like she was always playing defense, managing chaos, and trapped financially when the pandemic hit. In December 2020, Amber found the r

A social worker's journey from paycheck-to-paycheck to a fully funded 6-month emergency fund, maxed-out IRA contributions, home ownership, and more (E16)

Jul 16 2024 55 mins

If you think that only those with high incomes, and/or those who don't encounter many challenges in life, can achieve lofty financial goals in just a few years, this episode is for you. Lindsey is a social worker living in an expensive city in New England. With a lower income and a long list of obstacles she's encountered throughout her life (e.g., growing up with divorced parents

When one spouse manages finances and the other avoids them entirely (E15)

Jun 11 2024 53 mins

If you're in a relationship where one person manages the finances and the other avoids them entirely, this episode is for you. Anna and Hunter have been together for over 10 years, and for most of that time, Anna (the accountant) managed their finances, which was perfectly fine for Hunter, who didn't want anything to do with handling finances. Hunter turning a blind eye to their f

"I will be truly worthless and it will be the best feeling ever" (E14)

May 14 2024 37 mins

If your debts exceed your assets and, as a result, you have a negative net worth and you're anxious to change that, this episode is for you. After being the first in her family to graduate from college, Sharon started her career as a scientist but realized that her first job out of college wouldn't help her get ahead financially and achieve her life goals. Sharon took matters int

Turning a (serendipitous?) layoff into a new entrepreneurial venture (E13)

Apr 16 2024 33 mins

If you've ever been laid off and felt the rollercoaster of emotions that followed, and/or you live in Massachusetts and are looking for a couch, this episode is for you. Jason from Episode 2 is back to share his experience navigating a layoff from his marketing job in the tech industry, and describe how budgeting and YNAB have enabled him to take advantage of the layoff and sever

The most unstable income she's ever had, but also the most calm she's ever experienced around money (E12)

Mar 12 2024 36 mins

If you're a freelance or self-employed professional and have experienced the ups and downs of variable income, this episode is for you. Jenn is a talented and accomplished freelance editor, but she recently lost a meaningful revenue stream for her business for reasons outside of her control. This brought a lot of fear and concern for her income, and a lot of it was due to Jenn ha

Flying (budget) blind all the way to $125K in debt owed to 29 creditors before facing reality (E11)

Feb 13 2024 44 mins

If you've ever avoided looking at your finances in detail because, supposedly, ignorance is bliss, this episode is for you. Trevor and his wife were living a "budget blind" life, with no real awareness of how much money they had or what they could afford, and it led to owing $125K to 29 different creditors, including $75K in back taxes owed to the IRS. They navigated multiple jar

The emotional (and financial!) rollercoaster of navigating life's curveballs (E10)

Jan 16 2024 34 mins

If you feel like life throws you another curveball as soon as you've gotten things back on track after the last curveball, this episode is for you. Casandra is all too familiar with trying to pay down debt while coping with curveball after curveball and the inevitable emotional spending that comes along with thoes challenges. Whether it was dealing with student loans, parenting y