I was earning $500,000 a year at age 30, but I felt like I wasn’t making much money because I was in an established industry without big stock options. It was conservative and I was conservative. It didn’t fulfill me. I felt like I wasn’t making a good difference in anyone’s life.
So I quit that job, moved to Central Florida and started my own financial advisory business. Everyone thought I was crazy. Who walks away from an amazing job like the one I had?
I had to reinvent myself as an entrepreneur. It took me a long time to build my firm, one client at a time, from scratch. I went from $500,000 income a year to almost zero the next. It challenged me personally, professionally and emotionally.
Certified Financial Planner and author Cary Carbonaro talks with Opportunist’s Managing Editor Leslie Stone about her new book, the one piece of advice she would give women today and whether she thinks the country is ready for a female president. Read here
While there’s a lot to be said on the topic of personal finance, most of the time smart money management comes down to following simple principles. By tweaking habits to develop money-friendly routines, your savings can add up long term.
To find quick and simple ways to improve your financial health, GOBankingRates challenged finance experts to share their best money tips in under a minute. Check out the best pieces of advice from the #MoneyMinute Video Challenge.