Episode 14: Losing your trust fund to Bernie Madoff and starting over again

Imagine having a trust fund – amazing! You’re banking on that fund as your nest egg and you’ve planned your future around it.

Now imagine, it’s 2008, the financial crisis is unraveling, and over one phone call, you’re told you’ve been a victim of Bernie Madoff’s ponzie scheme. Your nest egg? Gone.

It’s one having struggled with money. But to have wealth you’ve grown accustomed to disappear after one phone call? You need to reassess your livelihood, lifestyle and relation to money. What would you do?

Here’s Amy’s money story and her journey since getting such phone call.

Check out Amy's amazing catering company: http://www.amysculinaryadventures.com/

Hey Stranger! What's the best money advice you received?

For our “Hey Stranger!” series this week, we asked 1) “what was the best money advice you ever received?” and 2) “what was the worst financial decision you ever made?”

Surprisingly, and unsurprisingly, two of the random women we interviewed chose going to a private liberal arts college as the worst financial decision they made. AKA student loans. (Videos #3 & #4)

What about you? What’s your #moneystory and is student loans in the picture?

1. Worst financial decision? His name was Richie.

2. Best money advice? Save your birthday money. They add up!

3. Surviving as a PhD student

4. NYU wasn't worth it!

5. Best money advice? Don't be gullible.

6. Best money advice? Follow your passion. Money will follow. 

Hey Stranger! What's your most memorable summer experience?

1. Going to Dominican Republic, round trip, all expenses paid for $750. It pays to plan ahead!

2. Studying abroad every summer in Europe studying art history through different scholarships. 

3. Perfect summer day? People watching @Washington Square Park

4. My mom forced me to take swimming classes. Thought she was being an a$$ but now I'm an awesome swimmer! 

Episode 13: Sofia's secret and her money journey out from $30k in debt

Episode 13: Sofia's secret and her money journey out from $30k in debt

Sofia was in college but her parents' divorce affected her greatly. Over the next 10 years, her debt kept piling on. But her resilience and encounter with the book, "The Secret," gave her conviction to live and restart. From $30k under in debt, she is now debt free and starting her own business. Here's her exceptional #moneystory. 

Episode 8: "I would have been fired...and I had no Plan B"

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Episode 8: "I would have been fired...and I had no Plan B"

Do you have an emergency fund? In case you get fired or if you're stuck in a job you hate? Luisa shares with us her journey when a career wake-up call launched her on a whole new financial adventure. Come join us to hear her story on why and how she created her emergency fund that allowed her to quit her job and enter a coding boot camp.

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Episode 7: "I was tired of being fat..."

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Episode 7: "I was tired of being fat..."

Getting rid of debt? Building up your emergency fund? Sometimes, the road the financial improvement can seem excruciatingly slow and frustrating. Dieting can also feel that way. For some of us, it takes a lot of errors, pain, and dead ends until we figure out what works for our bodies. Michele shares with us her health journey and her grit is an inspiration for many difficult but worthy pursuits we take on in our own lives. 

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Episode 6: The Anti-Retirement Retirement Plan

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Episode 6: The Anti-Retirement Retirement Plan

What happens when an accounting professor admits she'd rather spend money on food than save for retirement? Turns out, it's actually not a bad plan! Join us to hear Elisa's money story in her pursuit of happiness, balance and anti-retirement retirement plan.

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Episode 5: Do I Need to get Incorporated?

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Episode 5: Do I Need to get Incorporated?

Are you an entrepreneur, freelancer, or just testing out the water with a side gig? Then you may have considered getting incorporated. But when is the right time and which entity should you choose? LLC? S Corp? C Corp? Explore what makes sense with Elisa from an accountant's perspective.

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Episode 4: How an Entrepreneur Got Rid of $30k in Student Debt in 12 Months

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Episode 4: How an Entrepreneur Got Rid of $30k in Student Debt in 12 Months

Jesse started her first business in her parents garage selling t-shirts at 16. She hasn't looked back since. Why does she insist on being an entrepreneur? "If you... have this goal of having an impact on the world... then you might as well jump in and do it from scratch." So cool! Along the way, she racked up $30k in student debt and true to her entrepreneur spirit, got rid of it in 12 months through some unconventional ways. Hear her experience on money and startuphood!

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Episode 2: What's an Emergency Fund?

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Episode 2: What's an Emergency Fund?

How should you prioritize your finances? Pay off your credit card debt or student loans first? Kristen Euretig, financial advisor for young professionals, says depends on your situation but also shares general rules of thumb. We'll also dive into what is and when you can tap into an emergency fund. 

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Episode 1: How to Build a Healthy Relationship with Money

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Episode 1: How to Build a Healthy Relationship with Money

Have you ever panicked and thought to yourself, "uh oh, I need to get my money act together!" Well, you're certainly not alone. Join me and Kristen Euretig, financial advisor for young professionals, to explore what life events often trigger these financial worries and how to cultivate a more balanced relationship with your money. 

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