How To Get Out of Debt and Start Investing In Real Estate

Welcome to the Real Estate InvestHER Show! Today, we are joined by the No Budget Babe Nicole Victoria! Nicole is a 30-year-old millionaire, mother, wife, money coach, realtor, and TikTok creator. She used to struggle with debt and poor money management, but then learned about personal finance, repaid her debt using the "ICE" method, invested in the housing market and ETFs. Her financial goals are focused on lifestyle, freedom, and convenience, rather than just a monetary figure. In this episode, Nicole shares her tips for getting out of debt and building wealth, like how she used her ICE (Illuminate, Calculate, Execute) method to pay off $40,000 in debt in 18 months. She stresses the importance of illuminating your financial situation and understanding your debt to face it courageously. Nicole emphasizes using money as a tool and changing your mindset to build your dream life. Nicole also shares her experience in real estate investing and suggests taking intentional and strategic steps towards financial independence. Quotes ·      “Debt is not about shame or blame. Let's look at it from a purely numbers perspective and ask ourselves, where am I at right now? And how can I get out of this?” (07:16 - 07:43) ·      "Money is a tool to help us build our dream life. We want to be able to derive the most happiness possible out of every dollar that we're spending because we're trading hours of our limited life for money." (08:36 – 08:55) ·      “Start cutting costs that don't really matter to you. By cutting your costs in meaningful ways, you’re able to find that extra cash without compromising on the things that make you happy.” (13:41 - 14:15) Connect with Nicole: Website: The No Budget Babe LinkedIn: Nicole Victoria Instagram: @nobudgetbabe Resources Mentioned: ·      The 4-Hour Workweek by Tim Ferriss How To Join the InvestHER Movement 1) InvestHER CON 2023 Scottsdale, Arizona, May 18-19 Generational Wealth - You Come First Here is what you can expect at InvestHER CON 2023: Pre-event network 2 Full days of transformational experiences Access to over 20 Sessions with Keynotes and Speakers Recordings from all sessions Access to investors, mentors, and influencers Mindful networking Opportunities to connect with our sponsors + vendors Coffee and Lunch included Final Reception: Red Party Live 30-day Group Accountability Virtual Session with the Founders Liz and Andresa Exclusive Breakfast for STRIVE members only. "InvestHer CON was truly a transformative experience. I have felt alone for so long and now I feel like a have a community of support. I don’t have to be the master of everything and take it all on my shoulders, I just have to do what I am excellent at."  Heather Giammichele We reserved the entire resort for us!  Join us in. Get your ticket today! https://www.therealestateinvesther.com/investhercon 2)  InvestHER Community on Facebook: a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3)STRIVE Membership - for highly ambitious and decisive Real Estate investors looking to grow your Real Estate portfolio on your own terms while making deeper relationships with successful women playing at the same level.  APPLY today at https://www.therealestateinvesther.com/membership 4) InvestHER Meetups Around the Globe: attend in-person meetings held monthly by experienced InvestHER Leaders! Find the location near you HERE!   5)The Real Estate InvestHER Podcast - straight talk and inspiration for current and aspiring female real estate investors to live both balanced and financially free lives. Subscribe here. 6)InvestHER™ ORG with eXp: all-woman investment group for agents and build your personal portfolio while creating generational wealth! Get the benefits of being part of a team without extra fees! Click here and schedule a discovery call.