The Wealth Edit has kicked off its Good with Money Challenge, where, from June 1 to August 15, participants will aim to save $5,000 – and learn useful savings tips in the process. Throughout these 75 days, we’re featuring women who are #goodwithmoney – hopefully they’ll inspire you through their tips and tricks to realize that you are also good with money and, like the rest of us, getting better every day.
No. 1: If you have 10 cents, you can only spend nine cents. That’s it, that’s all.
No. 2: No matter what shape you are in financially (or otherwise), be brave and turn around and face the tiger. Own up to where you are in life and do something about it. Behavior can be changed!
I have been helping all kinds of people for over 10 years to see their situation and help with a budget and a plan. For some reason, I always got the 10 cent rule and also never wanted to be beaten by not getting the best price for what I purchase. I see it as a game, and I always want to win!
Selling real estate for 23 years gave me a lot of toughness, as it is a very hard business. Retiring three years ago has given me more time to help people who need a little guidance. I get a huge kick out of seeing progress in anyone who is willing to do the work to change habits and stick to a new plan!
My husband, Dickie, climbed the corporate ladder and it was really hard, too. Together we made a plan and stuck to it. We wanted great things for our two children, Rhett and Milner, and were willing to work hard for our family. They are grown now and are great with finances because they grew up in a fun but responsible home.