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Life Happens, So Does Money w/ Patti Handy
Manage episode 409702386 series 3508275
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In this episode, Tyshaundra interviews Patti Handy, a financial coach, about her journey from a financial advisor to a certified executive coach and financial coach. Patty shares her struggles and triumphs as she transitioned out of a stable job and went through a divorce. She provides insights on managing time as an entrepreneur and parent, as well as tips for overcoming credit card debt. Patty emphasizes the importance of building an emergency fund and paying oneself first. In this conversation, Patti Handy, a financial coach, discusses various aspects of managing money and investing. She highlights the dangers of emotional spending and the importance of using credit cards responsibly. Patti also emphasizes the need for women to educate themselves about investing and overcome their fear of the stock market. She provides practical steps for managing money, including tracking cash flow and net worth. Patti suggests starting with index funds when investing and diversifying investments across the stock market, real estate, and owning a business. Ultimately, she believes in making a positive impact and leaving a legacy.
Takeaways
- Transitioning to a new career or starting a business can be challenging but rewarding. It requires faith, determination, and a passion for making a bigger impact.
- Divorce can be emotionally, physically, and financially difficult. It is important to lean on friends, family, and faith for support and to take baby steps towards healing and rebuilding.
- Managing time as an entrepreneur and parent is crucial. Setting boundaries, prioritizing tasks, and finding a balance between work and personal life are key to success.
- Managing money starts with tracking cash flow and net worth. Knowing where money is coming from and where it is going allows for better financial planning.
- Diversification is key when investing. Consider investing in index funds, real estate, and owning a business to spread risk and maximize returns.
- Making a positive impact and leaving a legacy is an ultimate purpose for many individuals. Finding ways to use skills and talents to help others can bring fulfillment and joy.
Connect with Patti Handy
Visit pattihandy.com
FB @pattihandy
Ig @pattihandy
Youtube @coachpattihandy
http://www.mindinghermoney.com
This is the page to download a free 'Minding Her Money" Roadmap- the 9 steps to take for those that want to increase their financial confidence. You can book a complimentary call with me through this link as well.
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Be Blessed AND Be A Blessing
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