Danielle’s professional journey is the perfect example of how financial coaching can completely transform one’s life. She is joined today by her financial coach, Doug Spencer. The pair discuss why financial coaching starts at home, why our founder Liz Davidson’s book is the perfect foundation for financial literacy, how their parents have influenced their financial philosophies, and how coaching can enhance one’s overall outlook on finances. We also explore the value of utilizing employer benefits to the fullest, what financial coaching looks like when you do it alone, and some helpful resources to up your financial game.
Key points from this episode:
Quotes from this episode:
“When I was younger – everything that I needed, I had, and there weren’t really things that I wanted for that I didn’t have. So, I was never anxious about money, but I know that my mother was [living] paycheck-to-paycheck, but that was not a stress that I felt.” — Danielle [01:20]
“I had my first IRA when I was 16 years old. I think it had $200 in it. That was where it got started.” — Doug Spencer [11:08]
“[Number] one is live within your means – the second thing is [to] start investing early.” — Danielle [20:24]
“The fact that I’ve put my retirement stuff on autopilot and I’ve put my short-term saving goals on autopilot – it helps me save my willpower for those more difficult daily decisions.” — Doug Spencer [26:38]
Links mentioned in today’s episode:
