Miscellaneous
Today, I’m thrilled to be chatting with Fiona Smith, better known as “The Millennial Money Woman,” where she blogs about personal finance on her site under the same name: themillennialmoneywoman.com. I’ve been following Fiona, along with around 50 thousand others who follow her, on Twitter at @The_MMW for some time now and I’m so stoked to sit down to have a conversation with the blogger who is taking the finance scene by storm. She’s a contributor to Forbes and the Budgets Are Sexy site (which you may remember from episode 7) and has been featured and quoted as a pundit on many other finance media outlets. Her site has been listed as a Top 50 Personal Finance Blog and continues to be one of the fastest growing finance blogs today. The Millennial Money Woman has a Master of Science degree in Personal Financial Planning and dove head first into gaining as much knowledge as she could in her younger years so she could get a headstart in the game. With that newfound knowledge and healthy money habits, she purchased her first home at 23 and co-founded a community non-profit to help young professionals improve financial literacy. She’s currently on track to become a millionaire in just a few short years, by the age of 30. Fiona’s goal is to distill the tens of thousands of hours of reading, brainstorming and real life experience she’s had so far in finance and pass it down to YOU. And since this is the goal with the “Journey to Freedom”podcast as well, I’m excited to learn from her and to share this conversation with you all to help you along on your own journey to a more free and fulfilling life. Topics covered: Some of the things we chat about is how she began investing at such a young age--in her early teens. All about her nonprofit that helps with financial literacy and how she quit her corporate job to become a full-time entrepreneur. She gives 3 fun frugal tips that will shift how you want to spend your money and how you could be creative with things you THINK you have to purchase. We talk about the fear of failure and the mindset difference between poor people and wealthy people. After a short commercial break we get into the Dollar Cost Averaging strategy with stocks and debunk three myths that many Millennials believe. We’ll talk about renting versus buying, fractional shares and the difference between cash value/whole life insurance versus term life insurance and so much more. As you can see, there’s a lot jam-packed into this conversation which is what I love. It’s such an amazing opportunity to get high-performers like Fiona on the phone so I can pick their brains on every topic under the sun so that hopefully everyone listening will gain at least one valuable mindset shift or tactical advice that will edge them even closer to their goals on their own Journey to Freedom. https://themillennialmoneywoman.com/ Show Notes & links to all resources discussed in today's episode can be found at megnordmann.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app