Ep. 86 — How Tiffany Erased $18,000 Worth of Student Debt; Essencefest Observations; Marriage and Finances
We are BACK with a packed show. On the agenda for today:
Tiffany reveals how she got $18k of her student loan debt *POOF* forgiven! And we are spinning off this segment into an entire show dedicated to student loan debt. That means we need YOU to send us your student debt questions by visiting brownambitionpodcast.com or sending us an email at brownambitionpodcast[at]gmail[dot]com.
We discuss Essencefest and Tiffany’s observation that some of the most powerful women in business are secretly…MISERABLE? Apparently money can only buy so much happiness.
Then we take your questions:
-How do I remove myself as a cosigner on my relative’s auto loan?
-Should I get a credit card outside of my credit union?
-How do my husband and I split the mortgage now that we’re married?
Check out the latest issue of Fast Company! Brown Ambition was listed among the top 10 business podcasts to listen to. Thank you for your support!
Ep. 85: Evita Robinson, Founder of the Nomadness Travel Tribe and Mother of the Black Travel Movement
In September 2011, Evita “Evie” Robinson created the Nomadness Travel Tribe, “an online social community for travelers all around the planet, who have the similarity of an urban background and were looking for likeminded travelers to connect with around the world.”
What she did was kick off a new travel revolution, spurring thousands of travelers, the majority of whom are millennial black women, to pack a bag and see the world.
These days, Evie is laser focused on how to take Nomadness to the next level, from hosting events around the world to purchasing vacation properties and, of course, staking her claim as the mother of the black travel movement. This Fall, her first TED talk, in which she discusses the history of travel in African American communities from the days of Jim Crow and segregation to Nomadness today, will hit the web.
On facing adversity: “Sometimes the universe edges you into things. Life is really rough with me because I think it knows I can handle it. Sometimes it’ll just kick you off the cliff and you’ve gotta free fall a little bit before you realize how to fly on your own.”
On her four-year journey to a profitable business: “I’m not gonna make money one way. I’m gonna make money 10 ways…it’s all about diversifying your income.”
On facing competition from other black travel upstarts: “It’s about innovating and thinking outside of the box and staying true as hell to who you are regardless of what other people are doing in your space.”
Learn more about Nomadness at http://www.nomadnesstv.com/
Ep. 84: How Marsha Barnes Quit Her Big Bank Job, Spent $35,000 Fixing Up an Old School Bus and Launched “The Finance Bar” — Affordable Financial Coaching …on Wheels!
Throughout her entire career in the banking industry, Marsha Barnes was always a diligent saver. But she never understood what she was saving for until two years ago. It was then that she decided to launch The Finance Bar, a startup mobile ? yes, as in wheels ? personal finance hub meant to empower people to take control of their finances. The journey wasn’t always easy ? Marsha sunk over $35,000 of her own savings into the business and didn’t make money right away. When she finally quit her job in December 2016 to focus on the business, she took a huge gamble ? on herself.
“What if you just wake up one day and there’s something different that you want to do in life? How do you pivot?
For me, one day I woke up and I said ‘I want to leave my job to do something that I really love to wake up and do.’ And that is why I was saving money all along. I just didn’t realize it.”
Ep. 83: Ask The Money Coach! How to Rock Your Salary Negotiation … And What Really Happens When Your Kid Loses a $50K College Scholarship?
This episode has it all! We are joined by our favorite money and career expert, Lynette Khalfani-Cox aka “The Money Coach”.
Lynette went from a career as a journalist to an entrepreneur commanding $12,500 speaking fees, authoring over a dozen books, and crafting financial courses for consumers and businesses alike. Her website is Askthemoneycoach.com.
On the show, Lynette shares her best advice on how to negotiate on the job. Her biggest tip? Know what your minimum salary requirement is before you even walk into an interview! And she has tips on how to find YOUR perfect number on today’s show.
Then, Lynette not only answers YOUR questions about managing the cost of college, she tells you personal lessons she learned after sending off her eldest daughter to college last year.
Like many kids in college, her daughter struggled to adjust and when her GPA dropped below the 3.5 minimum for her tuition scholarship, Lynette and her family were suddenly faced with a $50,000 out of state tuition bill. She tells Brown Ambition the unique and BRILLIANT way she and her hubby decided to tackle that hurdle and shares other tough lessons she’s learned about preparing her kids for college life.
We’re back BA Fam!
On today’s show:
Tiffany shares the highs (and hilarious lows) of her family vacation at Universal Studios.
Is Baby Prom really a thing? And why did a Philadelphia mother spend $25,000 on her son’s pre-prom party? We break down the headlines.
Then we take reader “L”s question: Shes’ $80,000 in debt and wants to know if bankruptcy is an option. We explain what really happens when you file bankruptcy and when it might be a good idea.
For more information about bankruptcy, check out MagnifyMoney’s post here >