i guess going broke is the new influencer flex?
why DO so many influencers go broke? let’s start with the delusional belief that the influencing money will last forever. that the popularity you may currently have on your chosen social media platform, will just continue growing - unfortunately, it doesn’t always work like that. Spending everything that you earn and THEN some, on frivolous things like designer handbags and shoes, flying on private jets and leasing range rovers and g-wagons is only going to send you broke. But I get it. When you suddenly start earning more money that you ever expected, it can burn a hole in your pocket. Saving and investing seems so boring compared to shopping trips and luxury hauls. But getting in control of your finances is SO important - and empowering! I dont care if you earn $20 an hour or $2000. Learning about personal finance, so that YOU control your money instead of it controlling you - is SO important.
I speak from experience. I used to be $27,000 in debt, and I was in my early 20s! Honestly, I’m not even sure what I spent it on, because I had nothing to show for it. When I realised the mess I was in, you best believe I started to learn about money, because I did NOT like the stress and worry that debt bought along with it.
Here’s a few of my favourite books and podcasts on money:
Dave Ramsey! His books are what I read when I needed to get out of debt (I know some people think he’s a bit rude (and he can be), but he also has very solid advice surrounding debt!)
'You are a badass at making money' book by Jen Sincero
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