AIE 126: From Crying Over Debt to $1 Million Net Worth

<p>Bernadette (Bernadebt?) Joy went from being in debt to crushing her money goals and now she helps others too! She tells Lauren how cutting too much from your budget can be unsustainable. You must think about your mental health. A lot of people in debt suffer in silence, and it shouldn&#39;t be that way. It’s normal to take on debt for things, like houses, cars, and school. What would your life look like without loans? Shame, guilt, and depression can be associated with debt. Bernadette even said her psychology degree may be more useful than her business degree. It&#39;s important to explore assumptions, like “I need to have $10,000” in my checking account? The two discussed the debt snowball vs. debt avalanche. Bernadette has seen more success with snowball than avalanche. And knowing there’s a mental health aspect to consider as well, i.e. the heavy burden of owing your family money. She offers tactical tips like, it may make sense to pay off a recent loan if interest isn’t accruing yet. Listen to learn how to crush your money goals!</p> <p><br></p> <p><strong>About Bernadette:</strong></p> <p> Bernadette Joy launched Crush Your Money Goals® in 2020, a money media company, to serve up practical and fun educational content. She&#39;s taught thousands across the country her simple strategies to pay down debt, save more money, invest with confidence and pursue financial peace. Joy paid off $300,000 of debt in three years and built her first $1 million net worth in her 30s as a first generation Filipina-American, the eighth of her father&#39;s nine kids! She&#39;s been featured as a money expert on CNBC, Good Morning America, Business Insider and named to The 25 Most Influential New Voices of Money by NextAdvisor in partnership with TIME magazine. <strong>Connect with Bernadette:</strong></p> <p><a href="https://www.crushyourmoneygoals.com/">https://www.crushyourmoneygoals.com/</a></p> <p><a href="https://www.instagram.com/bernadebtjoy/">https://www.instagram.com/bernadebtjoy/</a></p> <p><a href="https://www.lin