Coffee and Coin Podcast

Latest Episodes:

14. Meet Jake G. - Creative Real Estate Investor, Mr. Play-It-Safe, and Allegra’s Fiance May 06, 2020

Show notes

Jake G. is a former sales bro, recently turned data scientist. He also happens to be Allegra’s fiance—AND the reason she’s been able to focus 100% on starting a business for the last year. Combining cash and keeping plenty of it on hand has allowed them to build a company, a new career and a RE portfolio in less than 3 years.

We cover:

How Allegra & Jake met in 2017 and why they shared their financial situations with each other early.
How Jake traded in his beloved 20k car to reduce his debt.
Jake and Allegra’s plan to buy their first house—including an operation agreement that covered a hypothetical break-up.
Why they put 10% down instead of 20% on their first house and what they did with the extra cash.
How they put together a creative real estate investment partnership for their 2nd property and only spent 2k to acquire 50% of the property.
Why they lived on Jake’s severance instead of touching their 40k emergency fund for almost a year.
How they saved cash quick with rules like spending no more than $50 when they went out for dinner.

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Learn more about the Wealth Circle

13. Meet Amber L. - Remote CEO & Girl Mom of Two Apr 29, 2020

Show notes

Amber L. is the founder and CEO of Charleston social media marketing firm Matchstick Social, which she runs from Oklahoma. She’s also Allegra’s best friend. Between founding her company and parenting two girls under the age of 4, Amber found time to take a Wealth Circle—which prompted her to start talking to her other friends about money too.

We cover:

The money beliefs she inherited from her divorced parents.
The mixed messages she received from her dad about financial generosity and control.
Why meeting her husband helped her face money anxiety—and why they combined finances BEFORE they got married.
How (and why) she became a remote CEO of her own company.
How she found her dream house back in Charleston—and why she can’t move into it yet.
The details of her first real estate investment (200k payout on a 50k investment) that has her hungry to do more.

Download our FREE financial framework workbook

Learn more about the Wealth Circle

12. Meet Nikki T. - Balancing Expensive Taste with Long-Term Goals Apr 22, 2020

Show notes

We cover:

What it was like to grow up in a household that never talked about money and in a community that spent whatever they made.
The relationship that made her feel like she lost her financial dependence.
How she got laser-focused on creating an emergency fund that’s her “walk away” money—and what “walk away” money means.
How she keeps her savings invisible to herself to combat her “spend what you see” mentality.
How she paid off consumer debt and started saving for a down payment in less than a year.
Why she didn’t want to take a Factora Wealth Circle and what happened when she did.
How she went from never sharing her numbers with anyone outside her family...to sharing on this podcast!

Download our FREE financial framework workbook

Learn more about the Wealth Circle

11. Meet Abbie S. - Building wealth as a creative solopreneur Apr 15, 2020

Show notes

Abbie lives in Kansas City, MO and is the CEO of Paragraph Branding, a brand and web design studio. She got her start as a designer before taking the plunge and starting her own shop. After we hired her to design Factora’s branding and website, she decided to take a Factora Circle for herself and made some huge changes in her financial life.

We go over:

The tipping point at her W-2 job that led her to create her own company and how she did so without much of a plan.
How she survived the first 6 months of her business earning very little money.
What she learned about the importance of savings in the process and how she built emergency savings for her business.
Her near-term and long-term goals as a business owner.
How she avoids lifestyle creep and keeps her expenses low.
The system she uses to automate 20% of her earnings for savings with unstructured and seasonal pay schedules.
How she’s grown in confidence about money in the past year.
Her plan for becoming a real estate investor next year.
The importance of finding a community to discuss money and why it is imperative for any woman’s future.

10. Meet Christine G . - Managing debt's emotional struggle with grace Apr 08, 2020

Show notes

Notes:

Why she moved cross country and got her dream job as a trash consultant.
Transitioning from full-time work to contract role and why that was a better match for her life today.
Inherited money values from both parents who worked multiple jobs.
The financial and emotional struggle with not having enough in her emergency fund when she needed it most.
How she has started digging herself out of debt.
Buying her first home, the mortgage process, VA loans, and selecting a home they can afford and still save money every month.
Ideas she has for starting her own side business and how she might go back to waste.
How her and her fiance have different money philosophies and how tough financial times have strengthened their relationship.
Why you need to give yourself more grace as you grow up in life and develop your financial plan.

Download our FREE financial framework workbook >

Learn more about the Wealth Circle >

9. Meet Whitney A. - A simple path to millionaire status Apr 01, 2020

Show notes

We first interviewed Whitney A. for an in-person Coffee & Coin event back in January. She’s a product marketing pro, expert saver, and millionaire. Her original interview was so good, we made her re-record her story so everyone could listen.

We cover:

The lessons she learned from her parents that helped her be financially responsible.
How she avoided consumer debt.
How a personal values exercise led her to trade money for more personal time.
The exact # of months’ worth of expenses she carries in her emergency fund, and why.
Her survival strategy through the 2008 financial collapse and how it impacted her long-term strategy.
Why it’s hard to find a good financial adviser, and why it’s so important to decide your own investment strategy.
Why she factors taxes into evaluating future investments.
How she lives by the “Pay yourself first” rule, and why investments and savings are always top priority.

Download our FREE financial framework workbook >

Learn more about the Wealth Circle >

8. Meet Renee G. - From scarcity mindset to millionaire (Live from Austin, TX) Mar 25, 2020

Show notes

Hear Renee’s emotional and inspiring relationship with money—from growing up in a trailer park to managing a massive sales team and making 6 figures in her 20s. This episode was recorded live at the February edition of our Coffee and Coin event series at the Capital One Cafe in downtown Austin, TX. We go over:

Renee's first money memory growing up in a trailer park with deaf parents.
How her scarcity mindset led to uninformed financial decisions.
How she lived frugally to get out of debt.
How she turned an early passion for computers into a lucrative sales career.
Why burn-out at work contributed to lifestyle creep and lowered her savings.
Why her decision to take a pay cut was the right one for her, financially and personally.
How she started her side hustle as a photographer.
Her current savings and investing strategy.
The money lessons she learned from her grandmother and how role models can shape your financial life.

Download our FREE financial framework workbook >

Learn more about the Wealth Circle >

7. Meet Taylor Y. - Buying her first house at 24 and why weddings are overrated Mar 16, 2020

Show notes

Taylor joined us in the first ever Wealth Circle, and since then, she’s bought a house, gotten engaged, and ramped her savings rate to 50%.

We cover:

How she’s getting married—her way.
Why being raised by a single dad impacted her values and trajectory.
How she avoids the traditional trappings of “lifestyle creep” and consistently prioritizes her finances.
Deciding whether to do a mortgage refinance would allow her to reallocate her cash.
The steps she took to reach a 50% savings rate.
How she and her fiancée organize their finances, and why joint checking accounts work well for them.

Download our FREE financial framework workbook >

Learn more about the Wealth Circle >

6. Meet Allegra - Creating Factora, her investment strategy, and building community Mar 11, 2020

Show notes

We turn the microphone around and get the juicy deets of Allegra's financial life. We cover: - Her exact investment strategy in each asset class (paper, real estate, biz). - The real estate breakdown: how many houses she owns, how much she paid down, mortgage numbers, etc. - Why she got into personal finance in the first place. - How she prepared financially to start her own business. - The early struggles of entrepreneurship. - The magic of a female community. - Her first money memory!

4. Meet Holli H. - Finding her 6-figure dream job Jan 21, 2020

Show notes

In this episode, you'll learn how Holli went from being stuck in a dead-end job to getting her dream job after finally quitting—without a backup plan. Which led to her realize it was time to leave a relationship she was done with too. Learn more about how Holli:

Learned her parents were broke when her dad got arrested for stealing cable.
Put herself through college.
Knew the basics (filled up her 401k, saved enough, bought a house, etc) but it wasn't until a Wealth Circle that she realized she could be doing so much more.
How she set a goal of leaving her job by a certain date, and with the encouragement of her Wealth Circle, quit—even though she didn't have something lined up.
Landed her dream job working from home with lots of opportunity for international travel (something she'd been craving).
How change propelled her to make more positive change.

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