Angela Yee and Stacey Tisdale have made a commitment to help as many people as they can create financial security through their Wealth Wednesdays platform, and information they share through digital initiatives like their series, Credit Chronicles.
Like so many of us, Yee and Tisdale have been forced to take a step back and look at their own financial choices in the post Covid-19 world.
Also, like so many of us, they are discovering a deeper connection to what’s essential and taking steps to make sure their finances reflect who they truly are and what’s really important to them.
Getting Clear On What Matters
Yee says lockdown has given her a lot of time to think about her spending.
“Being at home has made me reevaluate the things that I spend money on because I’ve been thinking a lot about what life looks like when this is over, and making sure that’ I’m financially in a good space” she says.
“I haven't been falling victim too much to online shopping. The only thing I've really been spending money on is groceries. It's like we always say budget, budget and look at your budget! I can see that I've been spending on silly things. Now, I’ve learned what my necessities really are. I saw how I could reevaluate and do so much better,” Yee adds.
Far Away From Home
For Tisdale, it’s been an eye-opening experience, as she and her 15-year-old son are on an unexpected and ‘extended stay’ on the island of Dominica.
"When we arrived in Dominica over a month ago, we, like all foreigners, were placed into a quarantine facility for 2 weeks,” she says. We literally had nothing but the clothes on our backs for a few days, and were completely dependent on first responders for food and care,” she says.
“We managed to get into a routine, and we both had the realization of how little we really need to be happy. We wash out our clothes, were able to get food to make our meals and we were happy,” says Tisdale.
“So, for me, a big lesson is how little I really need, and I'm going to reevaluate my spending with that lesson in mind.
Trusting Your Instincts
Another lesson Yee says she has learned through this pandemic is to trust her instincts. Against the advice of some, she paid off her entire mortgage earlier this year.
“In January, I paid off my mortgage and a lot of people were telling me that it wasn't a great idea. Many were telling me things like, ‘Oh, you need to use that money for something else,’” says Yee.
“But now, I do feel relieved that I did that. You have to know yourself, and what decisions work for you. Sometimes it’s more about emotional safety.”
Give YourSelf Some Credit
Yee and Tisdale recently partnered with a Fintech company called Self, an app that helps you build credit and save money no matter where you are in your financial life to create the digital series, Credit Chronicles, which follows the life of a Millennial married couple as they work to improve their finances.
Click Here To Download the Self App today!
Using apps like Self in a way that builds positive financial habits can set you up for future financial success.
Self is also stepping up to provide you with a chance to win $5,000 to help you create financial security. Go to Power1051fm.com/Self for your chance to win.
Most important, remember, you’re not alone on this journey. To catch-up on our Credit Chronicles episode visit The Breakfast Club You Tube channel, or power1051fm.com/creditchronicles.