Financially Intentional

Naseema McElroy
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Oct 19, 2023 • 43min

Lessons to Getting to a Profitable Laundromat Business - Episode 48

Send us a textWe are joined by Jordan Berry, a laundromat business owner with nearly a decade of experience in the industry. Jordan shares his journey from being a pastor to venturing into the laundromat business. He shares his initial challenges with the first laundromat acquisition, including buying a fixer-upper that didn't meet the promised numbers. Jordan also talks about the importance of due diligence when acquiring laundromats, as they often have cash-based income, making valuation and verification critical. And while laundromats can relatively become passive, there are still responsibilities and problem-solving involved. Jordan highlights the flexibility in how laundromats can be run to align with your specific goals, whether it's creating more free time or generating significant income.About our guest:Jordan was a pastor for 15 years and transitioned out of full-time ministry into buying a laundromat. His experience buying his first laundromat was not a good one. Instead of replacing his salary, as he expected, his laundromat lost $2,000 dollars per month for well over a year. Desperate to find help to turn his business around, he frantically searched for someone to guide him to profitability. He found no rescue. After finally stopping the bleeding, he decided to share the hard-earned (and expensive) lessons he learned on a blog. And then on a YouTube channel. And then, on a quest to find out how the best laundromat owners operated their businesses, he started a podcast interviewing laundromat owners and other industry professionals. These platforms turned into Laundromat Resource, an education and community platform for laundromat owners and future laundromat owners to learn, share best practices, and connect with one another.Laundromat ResourceThe Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Oct 12, 2023 • 33min

Making Sense of Student Loans Post the Pause - Episode 47

Send us a textWe are joined by Lauryn Williams of Student Loan Planner to address the often overwhelming topic of student loans. As many are confused about the ever-changing landscape of student loans, Lauryn offers clarity, walking us through various loan repayment plans. We also touch upon the intricate dance between loan payments, taxable incomes, and retirement savings. With Lauryn's wealth of knowledge, we discuss actionable steps and encourage everyone to tap into available resources, like Student Loan Planner, to navigate their unique financial situations and potentially save thousands in the process.About our guest:Lauryn Williams, CFP® is a 4-time Olympian and the first American woman to medal in both the Summer and Winter Games. Currently, Lauryn is a consultant for Student Loan Planner and the founder of the financial planning firm Worth Winning and the “Worth Listening” podcast.Links:Studio Loan PlannerMore about Lauryn WilliamsThe Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Oct 5, 2023 • 56min

Building Generational Wealth While Retiring Early Abroad - Episode 46 (Classic Episode)

Send us a textWe're bringing another hard-hitting and inspiring episode with Amon and Christina Browning of Our Rich Journey. We dive deep into their path to financial independence, discovering their unique investment strategies that helped them secure their financial future. From smart investments to setting up brokerage accounts for their kids, they share their secrets to success. We then explore the incredible benefits of living and working abroad, from free housing to top-notch international schools. Amon and Christina discuss the impact of their financial journey on their children's future and their commitment to building generational wealth.About our Guest:Amon and Christina were from the San Francisco Bay Area. They were both federal government employees until one day they both just up-and-quit their jobs and worked toward the path for FIRE, and retired at the age of 39. For parents with two young kids to be able to retire at 39 took a lot of planning and intentional decision-making. And it all began in 2011, when they embraced the FIRE movement. In pursuing FIRE, they constantly thought of creative ways to make and save extra money to invest. After eight years of smart and consistent investments - they grew their stock market portfolio to an amount that allowed them to quit their jobs without ever having to work again.Our Rich Journey Youtube ChannelOur Rich Journey InstagramOur Rich Journey SiteThe Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Oct 3, 2023 • 11min

ESG Investing and Why it Makes Investing in What You Believe in Simple - Expert Edition Episode 44 (Classic Episode)

This podcast discusses ESG investing, debunking the myth that it's expensive and has low returns. They emphasize the importance of advocating for change in financial services and understanding 401k fees. They also highlight the significance of analyzing fees and the availability of ESG funds, making investing sustainably easy.
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Sep 28, 2023 • 29min

Teaching Kids Financial Independence - Episode 45 (Classic Episode)

Send us a textIn this hard-hitting episode, we are joined by Rob Phelan, a high school personal finance and math teacher who works with ChooseFI to implement a financial independence (FI) curriculum in K through 12 schools. Rob discusses his own journey into personal finance, the importance of teaching kids about financial literacy, and the launch of a free K-12 financial education curriculum sponsored by the ChooseFI International Foundation. Rob's message emphasizes the significance of avoiding lifestyle inflation and making thoughtful financial choices, especially for those who are starting on their careers, to achieve long-term financial independence.About our guest:Rob Phelan is a high school personal finance teacher in Maryland where he lives with his wife and son. Rob is a Certified Financial Education Instructor and owner of The Simple StartUp, where he guides 10-18-year-old entrepreneurs through starting their first businesses. He is a co-creator of the ChooseFI Foundation PreK-12 Personal Finance Curriculum which was created to help our youth learn about money from the ground up. Outside of the classroom, Rob is a super-advocate for financial education for kids and is very active in the community and on social media, sharing information parents, caregivers, educators, and business leaders can use to help the youth in their lives learn about money.Mentioned Links  and Resources:Rob Phelan's BooksContact RobChooseFI Pre K-12 Financial Literacy CurriculumThe Simple StartupChooseFI PodcastFI 101 (free adult financial literacy course)The Playing with Fire MovieThe Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Sep 26, 2023 • 11min

How Your Vote Impacts Social Change - Expert Edition Episode 43 (Classic Episode)

Send us a textIn another hard-hitting episode, we're diving deep into how to invest and be socially responsible. Marie shares how you can  making an impact, regardless of your financial situation. Voting is the easiest and most impactful way to drive sustainability and change, especially at the local level. We discuss the importance of understanding your local initiatives, the power of your vote in shaping policies, and addressing the challenges faced by those who feel disenfranchised. We explore how voting can be your most potent tool for creating meaningful, long-term change.About Our Guest:Marie Thomasson, CFP® is a financial advisor for progressive women. Marie started her journey with a prestigious internship in asset management after studying Applied Mathematics at UCLA. It turned into 13 long years, overseeing over six billion dollars in bonds for pension funds, institutions, and banks. The experience left her with a deep skillset, and a deeper longing to be free of an industry saturated in privilege, misogyny, and self-interest.https://modernassetsla.com/Support the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Sep 21, 2023 • 35min

From Beans and Rice to Financial Independence - Episode 44 (Classic Episode)

Send us a textIn another hard-hitting and very inspiring episode, we have Desiree, an OR nurse and financial independence enthusiast, who shares her incredible journey towards achieving financial freedom. She discusses her path to becoming a nurse, overcoming obstacles to pursue her dream, and how she stumbled upon the world of financial independence. Desiree's inspiring story reveals how she paid off her student loans in just three months, her commitment to speaking up as an advocate in her nursing career, and her dedication to living life on her own terms.Resource mentioned: Mr. Money MustacheAbout our guest:Desiree has wanted to be a nurse since she was 3 years old.  She is a mother of 3 and an operating room RN. Her oldest daughter has followed in her footsteps and is currently a psychiatric LPN and enrolled to become an RN. Desiree has always been frugal but only somewhat recently found FIRE.  While searching for a new recipe for beans and rice, she stumbled on to the Mr Money Mustache website which promotes a path to FIRE through frugality and focusing on the aspects of life which is most important to the individual while limiting the resources dedicated to those which hold less personal importance. Having hit her Financial independence number in the last year at 47,  she has moved to per deim. She enjoys time with her 5 year old grandson and her other many hobbies.The Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Sep 19, 2023 • 24min

The Social Cost of Amazon - Expert Edition Episode 42 (Classic Episode)

Send us a textWe have another hard-hitting episode from our ESG series where we dive deep into a subject that's become a part of our daily lives: Amazon. Marie Thomasson, our certified financial planner, and I explore the challenges of breaking the Amazon habit and opting for more socially responsible spending. We candidly discuss the conditioning that's led us to click that 'Buy Now' button and how Amazon's convenience can sometimes come at a cost to small businesses, labor practices, and even our personal values. Join us as we navigate this paradigm shift in shopping, from rethinking consumption to embracing conscious consumerism.About Our Guest:Marie Thomasson, CFP® is a financial advisor for progressive women. Marie started her journey with a prestigious internship in asset management after studying Applied Mathematics at UCLA. It turned into 13 long years, overseeing over six billion dollars in bonds for pension funds, institutions, and banks. The experience left her with a deep skillset, and a deeper longing to be free of an industry saturated in privilege, misogyny, and self-interest.https://modernassetsla.com/The Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Sep 14, 2023 • 37min

Six-Figure Income and Freedom as a Travel Nurse - Episode 43 (Classic Episode)

Send us a textIn another heavy hitting episode, we're joined by the incredible Sarah Gaines, a seasoned travel nurse with a wealth of experience and wisdom to share. Sarah takes us on a journey from the early days of her nursing career to her transformation into a successful travel nurse, providing a glimpse into the challenges and triumphs that led her to embrace the world of travel nursing. Together, we explore the essential factors to consider when evaluating travel nursing contracts, from location and taxes to hidden costs, all while prioritizing your financial well-being and safety in these extraordinary times. Sarah's candid insights and her Six Figure Travel Nurse Course empower nurses to embark on their own travel nursing adventures, making informed decisions and unlocking the financial freedom they deserve.About our Guest:Sarah Gaines, MSN, RNC-OB (also known as the 6 Figure Travel Nurse) is a labor and delivery nurse, nurse mentor, educator, and entrepreneur. Passionate about travel nursing (20 contracts and counting!), she’s created the 6 Figure Travel Nurse Course to educate and empower nurses to maximize their income so they can work less and travel more. For insider tips, expert advice, group support, and even 1:1 mentoring follow Sarah on her Instagram and learn more about her online course for travel nurses at www.SarahGaines.comThe Not What I Thought PodcastA behind-the-scenes podcast where creatives talk candidly about how they actually...Listen on: Apple Podcasts   SpotifySupport the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money
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Sep 12, 2023 • 17min

Spending with Purpose Supporting Local Businesses - Expert Edition Episode 41 (Classic Episode)

Send us a textIn another hard hitting episode from our ESG series with our certified financial planner, Marie Thomasson. We explore the profound impact of supporting local businesses, and how it aligns with spending according to your values. We discuss the repercussions of choosing convenience over conscience, like the 'Amazon Tax,' and how we can change our spending habits to benefit our communities. Join us as we issue a challenge that could make a significant difference this holiday season: opting for quality over quantity and investing in local businesses to promote sustainability and diversity in our neighborhoods.About Our Guest:Marie Thomasson, CFP® is a financial advisor for progressive women. Marie started her journey with a prestigious internship in asset management after studying Applied Mathematics at UCLA. It turned into 13 long years, overseeing over six billion dollars in bonds for pension funds, institutions, and banks. The experience left her with a deep skillset, and a deeper longing to be free of an industry saturated in privilege, misogyny, and self-interest.https://modernassetsla.com/Support the show---Please join me here, and follow me on social media, Instagram, and Facebook.Need help getting started on your path to financial freedom? Start Here Join the Financially Intentional Community Oh and please subscribe and leave a review on whatever app you're using to stream this podcast. Get my book Smart Money

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