42: One Million Dollar Debt Payoff to Financial Freedom: Naseema McElroy's Wealth-Building Journey

03/13/24 • 36 min

Naseema McElroy is a published author and the founder of Financially Intentional, a platform about personal finance and living life intentionally.
In this episode, she speaks to Jessica and Brandon about how taking control of her finances has enabled her to overcome bankruptcy, divorce, and break the cycle of living paycheck to paycheck. She shares her lessons along her path to help others benefit from the freedoms of financial independence.
Outside of encouraging people to get their financial act together, Naseema is a mother, and a Labor & Delivery Nurse. Though making six figures for years, she struggled with money. Finally realizing she couldn't out-earn her financial ignorance, she knew she had to make some changes. By shifting her mindset around money, being consistent and intentional, she has paid off $1 million in debt and grew a six figure net worth in three years without living in deprivation.
This episode is a treasure trove of real-life wisdom on nurturing financial literacy within the family. She draws from her own upbringing and the generational changes in wealth-building to highlight the delicate balance of teaching children the value of money while also preserving the joys of their childhood. Her profound insights into the challenges and victories of single parenting, coupled with her remarkable comeback story from bankruptcy, form a narrative that is as educational as it is uplifting.
Tune in for a heartfelt account that promises to empower you with the strategies and mindset to craft a life of intention, care, and financial independence.
If you’d like to leave us a question to be answered during future episodes, you can do so at Speakpipe.
You can email us at: [email protected]
Be sure to connect with us on Instagram
Learn more about Brandon, and Oak City Financial
Schedule 30 minutes with Brandon
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Notes from the show:
Follow Naseema on Instagram
Financially Intentional the Podcast
Financially Intentional Website
Financially Intentional on YouTube
Email Naseema: [email protected]

Previous Episode

41: Cultivating Community and Female Empowerment with Emily Grey

In this episode you will embark on an enlightening journey with Emily Grey, founder of The Flourish Market, as Jessica and Brandon dissect the multifaceted saga of a Wall Street girlie turned million-dollar entrepreneur. From the prestigious corridors of Wall Street to the colorful landscape of conscious retail, they dive in to the significance of community, risk-taking, and genuine connection in the realm of business. Uncover how an unwavering resolve and a dance injury detour led to the birth of an enterprise that's as impactful as it is stylish, all while celebrating the essence of women's empowerment.
This episode is more than a mere chronicle of success; it's a treasure trove of strategic gems for entrepreneurs and seasoned business mavens alike. Tune in as Emily takes us on a journey from Wall Street, to fashion truck, to brick and mortar store. This is a story of where preparation meets opportunity and where perfection takes a backseat to passion and perseverance.
Join in and feel the warmth of a community that thrives on lifting each other up, so that we can all flourish.
If you’d like to leave us a question to be answered during future episodes, you can do so at Speakpipe.

You can email us at: [email protected]
Be sure to connect with us on Instagram
Learn more about Brandon, and Oak City Financial

Schedule 30 minutes with Brandon

Please remember to subscribe, rate, and review.

Notes from the show:
Contact Emily: [email protected]
Shop The Flourish Market
Connect with The Flourish Market on IG
Connect with Emily on IG

Next Episode

REWIND: Learn About The Gender Pay Gap

This episode originally aired on March 1, 2023.
The gender pay gap is a calculation that reflects the fact that, on average, women are paid less than men. In 2020, that was 83 cents to every dollar. Women of Color, per usual, get an even smaller piece of the pie. Black women were paid 64%, and Hispanic women (of any race) were paid 57% of what white non-Hispanic men were paid (according to a study conducted by the Women’s Bureau in tandem with the U.S. Census Bureau).
What’s worse is that the majority of the gap between men and women’s wages cannot be explained through measurable differences!
This isn't just about numbers and policies; it's about the voices that often go unheard. Jessica and Brandon are shining a spotlight on the double-edged sword faced by women of color, mothers, and those re-entering the workforce.
Tune in as they dissect the paradoxical undervaluing of women in the workforce, even when they bring identical qualifications and experience to the table.
If you’d like to leave us a question to be answered during future episodes, you can do so at Speakpipe.
You can email us at: [email protected]
Be sure to connect with us on Instagram
Learn more about Brandon, and Oak City Financial

Schedule 30 minutes with Brandon
Please remember to subscribe, rate, review and share this episode.

The Sugar Daddy Podcast - 42: One Million Dollar Debt Payoff to Financial Freedom: Naseema McElroy's Wealth-Building Journey

Transcript

Speaker 100:00:00.261

making money to me didn't equate to wealth . And then I really didn't understand how to actually build a wealth until I was well into my 30s . Like I said , I had been making six figures

Speaker 100:00:12.535

a long time , even before I was a nurse , like with all my income , like I always had side hustles on this kind of stuff . So I always made real