Raise your hand if you’ve ever said these words, “I’m broke?” We throw the word broke around almost as much as we do with my least favorite words, “I’m fine.” What does it actually mean to be broke – my guess is a little something different for us all. As our guest, Dr. Melody Wright, founder of Broke on Purpose and Kinly’s Director of Financial Education says, “there’s a difference between being aimlessly broke and broke on purpose.”
Broke on purpose is a choice you make proactively to help you pay off debt, buy that house you’ve been saving for, or any other money goal that means something to you. Melody has helped thousands of people stop being Aimlessly Broke, and transform their mindset, behaviors, and practices related to money, and she’s here to help you do that same thing in this thought-provoking episode. I’ll let Melody show you the way. Let’s start talkin’.
Melody’s website livebrokeonpurpose.com
Melody on Instagram https://www.instagram.com/brokeonpurpose/
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Favorite budgeting apps – You Need a Budget & Monarch
Best High Yield Savings – Marcus & Ally Bank
Favorite online bank account – Chime
Best climate-conscious online savings & bank account – Aspiration
Best Business bank account – Novo
Personal loans – Upstart
Affordable Life Insurance – Ladder
DISCLAIMER: This podcast and money content is for educational purposes only. Always consult with your financial advisors prior to making money decisions. Please do your own research to figure out whether a financial product, tip or suggestion will work for your money goals. You can find a Certified Financial Planner in your area here.