Danielle's Story - Investing for your kids | Ep. 3

04/19/22 • 33 min

So, you're a millennial mom, entrepreneur, or maybe even somebody with a few financial questions. Perhaps you have big dreams of finding your passion, making more money, or learning to start investing for yourself and your kids? In that case, you need to check out The Better Wallet Podcast with Marc Russell. Marc helps people like you discover ways to budget, invest and save so that your money works harder than you ever have to. In this episode moms, Marc is joined by Danielle Shirley, a financial coach and educator. She is here to share her story to inspire other moms on their financial journeys as well. You'll want to listen to this one.

Danielle Shirley On Investing And Managing Your Money

As a single mother with two kids, and an entrepreneur herself, Danielle knows that where your money goes matters. Especially when the goal is to make enough money for yourself so that your kids can get a head start in investing. But with student loans and other life expenses coming at you, money management can feel tedious. Danielle was in the same boat: "I kind of felt like I was on like the scarcity wheel. You know, like the survival mentality, the survival wheel, where I was just doing good enough to get by." As Danielle and Marc explain, most of us are trying to get by with what we have, but it doesn't have to be like that.

Danielle began her business like many others did, right in the middle of the pandemic. Danielle saw this as an opportunity to step into her passion for helping others manage their money: "You see, it's like, I either had to work a job I didn't like for the money, or go for a passion and take that risk, but not make as much money."

Are You Ready To Step Into Your Passion?

Maybe this sounds like you? Do you feel like you're stuck in a wheel? Well, don't worry, you are not alone. Marc and Danielle are here to help.

Marc asks Danielle, "What piece of advice would you give someone who wants to start their financial journey, or they just want to start investing for their kids?" Danielle says that the best thing to do is to first "invest in yourself" and second "just get started."

Don't wait to get started. Start your financial journey today by connecting with both Marc and Danielle. To connect with Marc, begin your journey to financial wellness and listen to the entire episode of this podcast, please visit here. Or, if you are a millennial mother and want to learn more about investing for yourself and your kids, and you want to work with Danielle, please visit here. You can also connect with both Marc and Danielle on Instagram.

Start by creating that financial freedom you long for today.

---

Connect with Me!

Instagram: @BetterWallet

TikTok: @BetterWallet

Twitter: @TheBetterWallet

YouTube: @BetterWallet

Danielle Shirley On Investing And Managing Your Money

Are You Ready To Step Into Your Passion?

Maybe this sounds like you? Do you feel like you're stuck in a wheel? Well, don't worry, you are not alone. Marc and Danielle are here to help.

Start by creating that financial freedom you long for today.

---

Connect with Me!

Instagram: @BetterWallet

TikTok: @BetterWallet

Twitter: @TheBetterWallet

YouTube: @BetterWallet

Previous Episode

Dion's Story - Southside of Chicago to Investment Banking | Ep. 2

In the latest episode of The Better Wallet podcast, Marc is joined by his good friend and fellow investor, Dion Boyd. Like Marc, Dion is here to share his story of financial independence and discuss some investing tips to help others build wealth. Dion's story is a unique and inspiring one. You won't want to miss out on this episode.

Dion comes to us from the south side of Chicago, a place where he also grew up. His dad was a police officer, and his mom was a nurse. Together, they put a lot of pressure on Dion to do his homework, get good grades and do well at school. After graduating from one of the best private schools in all of Chicago, Dion set his sights on getting into college.

Dion was able to get a posse scholarship to help pay for a considerable part of his tuition. The posse scholarship is a program dedicated to helping inner-city youth transition into some of the country's best colleges. Dion graduated from college and received an internship with Bank of America. It was here that his bosses pushed him to be the very best he could be and learned about this thing called investment banking.

What Dion realized about investment banking was that the earnings potential was massive, and it had a very high ceiling for success. Dion quickly jumped on board, learned what he needed to know, and became passionate about investing. As a young man with no kids, no marriage, and no major expenses, Dion was able to invest most of his money into paying off his student loans and making clever investment selections.

Dion's story may resonate with most of us. I'm sure we all look at someone who is successful and say, "there has to be a secret to it." Well, no secrets here. Just a lot of hard work, discipline, and motivation. Dion's story is inspirational, going from inner-city life to the mountaintop of investment banking. You can do it too: "I hear a lot of people saying, I wish or dream of you know, these words. I'm like, yeah, like wish, but you know, do everything you need to do every single day to get yourself closer to that goal. And you went from the south side of Chicago to investment banking, like you know, it all too well." -Marc Russell.

You have to check out this episode. Marc and Dion dissect a lot of information and make sense of the world of investment banking. You'll want to catch this episode and many more like this one from The Better Wallet podcast. You can also connect with both Marc and Dion on their Instagram pages to start building your life of wealth today.

---

Connect with Me!

Instagram: @BetterWallet

TikTok: @BetterWallet

Twitter: @TheBetterWallet

YouTube: @BetterWallet

Next Episode

Leo's Story: Paying off $224,000 in debt in 2.5 years | Ep. 4

Are you a couple who is looking to get started paying down debt and live life financially free? Are you looking to make money outside of your 9-5 job? Are you searching for a better system of accountability and goal tracking? Do you need life insurance? Step right up and listen to the latest episode of The Better Wallet podcast, hosted by Marc Russell.

Marc Russell is a money management coach who helps others budget their money, pay down debt, and generate wealth. The BetterWallet podcast introduces us to other entrepreneurs, such as Marc, that share similar visions and ways of building wealth. And today's guest, Leo Jean-Louis, is sure to get a lot of couples excited about their futures. Leo is a friend of Marc Russell and a fellow money management coach. Leo and his wife, Faith, are the founders of the Freedom Is A Choice Movement. Today, Leo is going to answer some very important questions for couples looking for ways to pay down debt. You won't want to miss this.

Leo and Faith come from very different backgrounds. Leo's mother worked around the clock just to make ends meet. This instilled some strong values in Leo, who started working during high school. On the other hand, Faith was fortunate enough to have parents who had built wealth, which allowed her to shift her focus towards other things such as education. Leo and Faith had two very different viewpoints towards money. Naturally, when they met, these views clashed. They were forced to answer the question many couples have, "How can we work as a team to pay off our debts, manage our money, raise our kids and build a life of wealth?"

Chances are, you don't want to work for the rest of your life, and neither does Leo or Marc. Leo explains some key habits and ideas that couples or anyone else can adopt to help live a debt-free life.

Leo says, "The choices that we make today will determine the life that you live tomorrow."

Leo reveals that couples should establish a goal first and then let the goal dictate the habits. Make the goal fun and exciting, and remember to hold each other accountable. Develop a system to keep track of your progress and give each other feedback. But also be sure not to deprive yourself of something that brings you joy. Celebrate the small wins too!

Also, make sure you get a life insurance plan.

When it comes to life insurance, many misconceptions are out there. Most couples wait to get a decent life insurance plan and potentially deny themselves of much-needed assets. Talk with your spouse, and get a plan that can quadruple your income in the event of your passing. You don't want your spouse or your children to struggle with not only your loss but also massive amounts of debt.

So, how can YOU take that next step towards financial freedom?

Here is one key takeaway from Leo, "I would say, don't start with the numbers. Tell them the start with their why. So, establish their why, their reason for pursuing debt freedom, their reason for pursuing financial freedom."

Don't wait to start your journey to financial freedom. Use your why, and get started today! Connect with Marc or Leo and let them help you take your next step towards wealth.

---

Connect with Me!

Instagram: @BetterWallet

TikTok: @BetterWallet

Twitter: @TheBetterWallet

YouTube: @BetterWallet