Power With G is a podcast about helping women level up in business and in life. We will dive deep into different business experiences (the good and the bad), shed light on important causes, share current business trends, and more. In the first season, we will talk about the basics of money, and the host, Gretchelle Soto, founder of a multi-million dollar company, will take you on her journey of how she saved her first $1,000 and then got out of debt within one year.
Ever faced a challenge that made you question your entire journey? Today, I recount my struggles and triumphs as I navigate the unpredictable world of starting a business. From technical mishaps with my microphone to battling moments of self-doubt, I’ve learned that pushing through these obstacles can be incredibly rewarding. This new season marks a shift from my previous focus on financial literacy to a broader range of business topics, inspired by personal milestones like marriage and pregnancy that temporarily paused my journey. Now, I return with renewed vigor, ready to inspire you to take the first step toward your dreams, no matter the hurdles.
I'm thrilled to share my experiences as an everyday girl, without expert credentials, making her way in the business world. This episode isn't just about my journey; it's about creating content that resonates with you and might even serve as a cherished memory for my family. With episodes available on YouTube and other podcast platforms, I encourage you to subscribe, share, and engage with this community. Your feedback fuels my passion, and I'm excited to reconnect and continue this adventure together. Get ready to be motivated, because if I can overcome these challenges, so can you!
Brief summary of the episode: In the last episode of the season, I talk about ways you can give, whether with your money or through time and the importance of following through with the steps in previous episodes to build wealth. Thank you so much for listening to this season, and follow me on Instagram to stay tuned for the premiere of season 2.
Key Takeaways:
[00:00] - Intro
[01:40] - What is Baby Step #7
[01:50] - Different ways that you can give
[02:50] - The story of when I gave money to a scammer
[08:45] - Why people struggle financially
[10:40] - The Richest Man of Babylon
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
In this episode, I share with you the general timeline of a foreclosure, the causes, consequences, and most importantly, how to prevent it. Below is a link to a helpful resource if you are on the verge of going through a foreclosure.
Key Takeaways:
[00:00] - Intro
[01:44] - What is Baby Step #6
[02:23] - Definition of Foreclosure
[03:34] - The Start of a Foreclosure Process
[04:45] - Consequences of a Foreclosure
[05:51] - Causes of Foreclosure
[06:40] - Preventing Foreclosure
Links & Resources:
https://www.hud.gov/topics/avoiding_foreclosure/fctimeline
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
In this episode, I share with you 2 of my favorite ways to save for college. I suggest you start this step only after you have paid off your debt, saved 3-6 months in your emergency fund, and started saving for retirement (listen to episodes 2&3 to hear how I paid off my debt and saved 3-6 months for my emergency funds).
Key Takeaways:
[00:00] - Intro
[01:11] - What is Baby Step #5
[02:06] - Different ways to save for college
[03:00] - 529 Plan: Prepaid Tuition
[04:18] - 529 Plan: Education Savings
[05:22] - Tax Benefits
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
In this episode, I share with you the top 5 reasons why I think you should save for a retirement fund. I suggest you start this step only after you have paid off your debt and saved 3-6 months in your emergency fund (listen to episodes 2&3 to hear how I paid off my debt and saved 3-6 months for my emergency funds).
Key Takeaways:
[00:00] - Intro
[01:48] - What is Baby Step #4
[03:41] - Social Security reported running out of funds
[04:07] - Can you afford to live from your pension?
[06:21] - Compound Interest
[08:05] - Do it while you’re young
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
In this episode, I share with you the strategy that I used to save more money. I suggest you start this step only after you have paid off your debt (listen to episode 2 to hear how I tackled and paid off my debt).
Key Takeaways:
[00:00] - Intro
[03:06] - What is Baby Step #3
[03:47] - Purpose of Step 3
[05:30] - How to start funding your safety net
[06:41] - My Story
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
In this episode, I share with you the strategy that I used to get out of debt. I suggest you start this step only if you have an emergency fund (listen to episode 1 to hear how I saved my first $1,000).
Key Takeaways:
[00:00] - Intro
[03:02] - What is Baby Step #2
[04:52] - First step to tackle your debt
[05:45] - Alternative for budgeting
[07:57] - Example
[14:28] - My Story
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Use a pivot table in google sheet to summarize your bank transactions quickly:
https://www.youtube.com/watch?v=K0pf2s4o3Hg
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!
Many people struggle in their relationship with money. In addition, many people are unfamiliar with the resources available to them.
In this 1st episode, Gretchelle shares a precious resource that helped her learn how to save her first $1,000 to eventually her first $100K. Keep listening to her episodes as she shares her journey with money in hopes of inspiring and helping someone who may be in the same position.
Key Takeaways:
[00:00] - Intro
[02:18] - What is Baby Step #1
[04:03] - How I saved for an emergency fund
[07:58] - My biggest tip
Social Media Handles:
IG: @powerwithg
TW: @powerwithg
Dave Ramsey Website
https://www.ramseysolutions.com/ramseyplus/financial-peace?snid=guided-plans.pay-off-debt-and-build-wealth.ramsey+.financial-peace-university
Like this episode? Please leave us a review here - Post a screenshot of you listening on Instagram & tag us so we can thank you personally!