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Important Links

• Get your free downloadable Financial Recovery Roadmap here.
• Register for my free Masterclass Rebuilding After Bankruptcy: Your Step By Step Success Plan here.

In this episode, the Louisa Larado debunks common myths surrounding bankruptcy. She addresses misconceptions about losing everything, losing your job, getting a loan, having your wages garnished, bankruptcy being publicly known, getting a rental, traveling, having savings, and feeling like a failure. Louisa shares her own experiences and provides reassurance that bankruptcy is not the end of your financial journey. She encourages listeners to seek professional guidance and emphasizes the importance of changing your money story and creating a positive relationship with money.
Takeaways

• Bankruptcy does not mean losing everything. You can keep your furniture, personal items, and vehicles under a certain value.
• Your employer does not find out about your bankruptcy, and most jobs are not affected by bankruptcy.
• You can still get a loan and have a good credit rating after bankruptcy.
• You can earn money and keep a portion of your earnings during bankruptcy.
• Bankruptcy is not publicly known unless someone pays a fee to access the bankruptcy register.
• Getting a rental and traveling are still possible during bankruptcy.
• You can have savings and a bank account during bankruptcy.
• Bankruptcy is not a sign of failure but an opportunity for a fresh start and financial growth.
• Seek professional guidance and change your money story to rebuild your financial situation.

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Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.

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Important Links

• Get your free downloadable Financial Recovery Roadmap here.
• Register for my free Masterclass Rebuilding After Bankruptcy: Your Step By Step Success Plan here.

In this episode, host Louisa Larado shares her personal bankruptcy story and explains why she started the podcast. She talks about how she and her husband initially had financial success through property investing, but made some bad investment choices and were hit hard by the property market crash. They found themselves unable to pay their mortgage and struggling to provide for their family. After researching bankruptcy, they decided it was the best option for a fresh start. Louisa discusses the bankruptcy process, the impact on their finances, and how they were able to rebuild their lives after bankruptcy.
Join the Bankruptcy To Bliss Facebook group for free support, training and inspiration to help you navigate your bankruptcy and change your money mindset.
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Takeaways

• Bankruptcy can provide a fresh start and a clean slate for individuals and families experiencing financial hardship.
• It's important to seek professional advice and do thorough research before deciding to file for bankruptcy.
• Bankruptcy can have a positive impact on credit rating and the ability to borrow money after the bankruptcy period.
• Having a positive money mindset is crucial for overcoming financial struggles and rebuilding after bankruptcy.
• The Bankruptcy to Bliss podcast aims to provide support, training, and advice for individuals going through bankruptcy or financial hardship.

Register your FREE spot in my 3 day $2k Cash Boost By Christmas Challenge Here
Want more? You can check out my website for more free resources or follow me on Instagram or Facebook.
Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.

Send us a text

Important Links

• Get your free downloadable Financial Recovery Roadmap here.
• Register for my free Masterclass Rebuilding After Bankruptcy: Your Step By Step Success Plan here.

Summary

In this episode, host Louisa Larado shares her personal experience of rebuilding her credit rating after bankruptcy. She debunks common myths and misconceptions about bankruptcy and credit ratings. Louisa emphasizes the importance of paying bills on time, living within your means, and avoiding unnecessary borrowing. She also provides practical tips for improving credit scores, such as setting up direct debits, monitoring credit ratings, and disputing incorrect information. Louisa encourages listeners to take control of their financial future and make positive financial decisions.
Takeaways

• Paying bills on time and living within your means are key to rebuilding your credit rating after bankruptcy.
• Avoid unnecessary borrowing, such as credit cards and buy now, pay later schemes.
• Set up direct debits and auto drafts to ensure timely bill payments.
• Monitor your credit rating regularly to detect any discrepancies or fraudulent activities.
• Dispute incorrect information on your credit report and consider adding positive information, such as rent repayments, to improve your score.
• Remember that bankruptcy is not a permanent black mark and does not necessarily prevent you from getting a loan in the future.
• Take small steps towards creating a positive financial story for yourself and develop an abundance mindset.

Chapters
00:00 Introduction and Personal Experience
03:06 Misconceptions About Borrowing and Credit Ratings
05:35 Paying Bills on Time and Living Within Your Means
09:56 Borrowing Money and Managing Relationships
15:45 Avoiding Unnecessary Borrowing and Credit Cards
26:53 Debunking Myths About Credit Ratings
32:13 Bankruptcy as a Temporary Blip and Taking Control of Your Financial Future

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Want more? You can check out my website for more free resources or follow me on Instagram or Facebook.
Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.

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Summary
In this episode, Louisa Larado shares the 10 mistakes she made during her bankruptcy and offers tips on how to avoid them.
Takeaways

• Avoid avoiding thinking about money and instead become aware of your finances by tracking income and expenses.
• Set up separate bank accounts for different expenses to better manage your money.
• Openly talk about bankruptcy to reduce shame and increase support.
• Set money goals to stay focused and motivated.
• Let go of blame and take responsibility for your financial situation.
• Educate yourself about money to improve your financial knowledge and decision-making.
• Step out of your comfort zone and try new strategies to improve your financial situation.
• Shift from a lack mindset to an abundance mindset to attract more opportunities and positive experiences with money.
• Align with your partner on finances and regularly communicate about goals and progress.
• Believe that you can rebuild and improve your financial situation after bankruptcy.

Keywords
bankruptcy, mistakes, money management, financial goals, blame, education, comfort zone, lack mindset, partnership, struggle

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Want more? You can check out my website for more free resources or follow me on Instagram or Facebook.
Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.

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Register or find out more about the $2k Cash Boost By Christmas 3 Day Challenge here.Summary
In this episode of the Living My Life Like It's Golden podcast, host Louisa Larado discusses how to feel good about your finances leading up to Christmas. She shares personal experiences of financial stress during the holiday season and offers practical tips for managing money effectively. Louisa emphasizes the importance of creating a positive money mindset, setting clear financial goals, and taking actionable steps to save money. She also invites listeners to join her free three-day challenge aimed at helping participants achieve a $2,000 cash boost by Christmas.

Register your FREE spot in my 3 day $2k Cash Boost By Christmas Challenge Here
Want more? You can check out my website for more free resources or follow me on Instagram or Facebook.
Disclaimer: The information contained on today’s podcast has been provided as general advice only. The contents have been prepared without taking into account your objectives, financial situation or individual needs. Before making any decision regarding the information, strategies or products mentioned on today’s episode, please consult your own financial advisor or other professional first.