Coffee and Coin Podcast: Recent Episodes
Allegra Moet Brantly
Ready to take charge of your financial future? Coffee & Coin is your go-to resource for financial education and honest money conversations that women don’t get anywhere else. Allegra Moet Brantly is the Founder & CEO of Factora, a company on a mission to lead 1 million women to $1 million in net worth. Her specialty? Breaking down complex personal finance and investing topics into easy-to-understand, actionable strategies. Tune in to learn how to put your money to work and reach financial freedom well before you’re 65. Plus, get inspired by other women’s investing journeys and money wins.
Want to learn more about Factora? www.factorawealth.com
Have you ever been told "No" when negotiating your salary?
In this episode, Joy M shares her creative negotiation tactics, how she went from being a "saver" to being an "investor", and her biggest takeaways from joining the Wealth Circle. Plus, you'll get to hear the fun story about her incredible dog that walks itself!
LISTEN TO LEARN:
- 01:30 Treadmill Walking Dog
- 04:54 Job Title & Salary
- 06:00 Negotiate Beyond No
- 14:13 High Yield Savings
- 18:24 Genius 401K Strategy
- 24:01 Emergency Fund Tactics
RESOURCES
Join the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Join our FREE email mini-course and start building wealth today: factorawealth.com/wealth-building-101
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Are you facing unemployment and racking up debts because of it? Do you feel like you're not moving fast enough towards your financial goals?
In this episode, Shelly G. opens up about her turbulent 10-month-long unemployment journey and how she came out the other side. Although she accumulated almost $40,000 worth of debt, she has already made headway in paying it off, landed her dream job, and has creatively reduced her expenses.
LISTEN TO LEARN:
- 03:18 Shelly's G #MoneyWin
- 06:39 Her 2024 Word "Optimize"
- 10:50 Is Credit Card Debt Bad?
- 13:39 An Unplanned Sabbatical
- 29:44 Shelly's G Net Worth
- 34:00 Financial Accountability Partner
RESOURCES
Join the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Join our FREE email mini-course and start building wealth today: factorawealth.com/wealth-building-101
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Want to get your kids more interested in investing but don't know where to start?
In today's episode, Allegra is joined by Erika S., who has been talking to her kids about money since they were in the crib. Fast-forward 16 years, and her oldest has just opened a HYSA and is well on her way to a million-dollar net worth! Erika S. lays out her strategies for getting kids curious about wealth building from an early age and all the incredible takeaways she's gained from the Factora Community.
LISTEN TO LEARN:
- 06:25 Talking to kids about money
- 17:15 Opening an HYSA for her 19-year-old
- 19:30 Why HYSAs are so effective
- 23:00 Takeaways from Factora
RESOURCES
Join the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Join our FREE email mini-course and start building wealth today: factorawealth.com/wealth-building-101
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Are you planning a wedding and looking for cost-saving strategies? Unsure of how to talk to your partner about finances?
In this episode, Chris P. shares her personal take on wedding planning with her partner, focusing on how they’re designing a celebration that not only honors their values, but also respects their financial goals. Chris also opens up about her fertility journey, highlighting the hidden costs and hurdles while preparing for a baby.
LISTEN TO LEARN
- 7:00 #FinanceFlirting
- 18:00 Cutting Wedding Costs
- 25:00 Wedding Budgeting
- 27:30 Prenuptials
- 30:00 Fertility Journey
RESOURCES
Join the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Join our FREE email mini course and start building wealth today: factorawealth.com/wealth-building-101
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Have you been curious about the Wealth Circle but have yet to pull the trigger? Now's your chance!
In this episode, Allegra unveils exciting changes to the Wealth Circle, including a new self-paced course format. This format offers you more flexibility to learn at your own pace, ensuring you get the most out of your wealth-building journey.
RESOURCES
Join the Wealth Circle: factorawealth.com/wealth-circle
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Want to pay off your mortgage in 10 years instead of 30?
In this episode, Sarah B.L. shares the nitty-gritty details of how she paid off 25% of her mortgage in just two years—and how she's on track to pay off her 30-year mortgage in just 10 years. She explains why this decision was the right choice for her family, the difference between good debt and bad debt, and how talking about money made her a more confident investor.
LISTEN TO LEARN
- 04:00 - Financing Her First Home
- 10:30 - How She Pays Her Mortgage
- 14:30 - Her Home Buying Strategy
- 21:00 - Her Factora Learnings
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Did you know that you have until April 15th, 2024, to contribute to your 2023 IRA?
If you haven't maxed yours out yet, this episode will share everything you need to know about making the most out of your IRA.
Allegra and Whitney explain everything you need to know about the difference between Roth and Traditional IRAs, the restrictions on contributing to and withdrawing from IRAs, and why IRAs are great investments.
LISTEN TO LEARN
- What an IRA is, and why you may want one even if you already have a 401(k)
- How to make the most of your IRA and avoid costly penalties
- A breakdown of the different types of IRAs - Roth, Traditional, SEP, and SIMPLE
- How to determine which IRA is right for you and your goals
- What action steps to take to open an IRA account
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Feeling lost in the maze of financial tools and platforms? Curious about how others structure their finances for success?"
In this episode, Tay and Allegra reveal the ins and outs of their finance game, sharing the ins and outs of their account setups and the nifty tools that keep them sharp. From daily checks to annual overhauls, you'll discover how they effortlessly stay on top of their finances.
LISTEN TO LEARN
04:07 - Taylor’s Account Breakdown
07:47 - Lifestyle Analysis
14:05 - Taylor’s Financial Maintenance
21:18 - Allegra’s Account Breakdown
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Are you hesitant about mixing business with friendship? Waiting to find your forever partner before purchasing a home?
In this episode, serial real estate investor Stef shares her journey of blending business with pleasure and harnessing the power of partnership to grow her real estate portfolio to an impressive 19 properties! Whether considering investments with friends, family, or both, this episode provides the insights and guidance necessary to confidently and clearly navigate the complexities involved.
LISTEN TO LEARN
03:32 - Stef's Real Estate Portfolio Breakdown
08:00 - "Houses before Spouses"
21:00 - LLC's & Operational Agreements
26:00 - Real Numbers & Examples
47:00 - 1031 Exchange
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Curious about what it takes to start your own side hustle or invest in startups? Are you ready to unlock the secret to building a seven-figure net worth?
In this episode, we're sharing a recording from our January Community Event, where three Wealth Circle graduates joined Allegra to share their transformative journeys and strategies, including a remarkable transition from a $62K salary to an impressive $200K a year and another inspiring tale of a net worth leap from $60K to a staggering $682K.
LISTEN TO LEARN
04:45 - Success Stories of Wealth Circle Alumni
18:50 - Investment Asset Classes
20:00 - Starting A Food Truck Business
24:00 - Real Estate Investing
37:50 - Talking about Money
43:00 - Wealth Circle Q & A
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Is it ever too late to start investing? Can understanding your 401k really make a difference in your financial future?
In this episode of Coffee and Coin, our Founder & CEO Allegra breaks down how she built a million-dollar net worth in less than 5 years while making $75K/year. (And guess what? Factora's 2024 Wealth Circle is your ticket to do the same.)
LISTEN TO LEARN
09:00 - Allegra's Story
19:00 - What Is Financial Freedom?
24:30 - Factora's Financial Framework
28:00 - Success Stories
36:00 - Wealth Circle Q & A
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Ever felt overwhelmed by the idea of stock market investing?
In this episode of Coffee & Coin, Allegra and Whitney dive deep into the world of stock market investing. They explore why waiting to invest can be a costly mistake, break down the mechanics of market cycles, and discuss how dollar-cost averaging can transform your investment strategy. Learn about managing risk, ignoring the sensational news, and the power of starting now!
LISTEN TO LEARN
05:55 - Why You Should Invest in Stocks
07:17 - How the Stock Market Works
09:44 - Stock Market Cycles
14:30 - Why You Shouldn't Wait
35:00 - Strategies You Should Employ
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Ever wondered how to grow your net worth while juggling multiple roles?
Join us in this inspiring episode of Coffee & Coin where Liz B shares her incredible journey as a small business owner and creator. She went from balancing three part-time jobs to doubling her business revenue in just one year. Liz’s story is a testament to the power of financial education and mindset. Get ready for insights on overcoming financial shame, embracing entrepreneurship, and the importance of community in wealth-building.
LISTEN TO LEARN
08:30 - Overcoming Financial Shame
15:00 - Entrepreneurship Journey
23:00 - Net Worth Breakdown
35:00 - Shame-Free Money Goals
37:00 - Starting Small with Investing
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Are you working to increase your net worth in 2024?
Tune in to this eye-opening episode, where we delve into Cris V's inspiring journey from having a negative net worth to building substantial wealth. Cris shares her candid experiences in navigating the tech world, making calculated risks in real estate, and the life-changing impact of the student loan pause. Plus, the importance of aligning career choices with your personal values, not just the paycheck.
This episode is packed with actionable insights on wealth-building, overcoming financial challenges, and the power of community in financial education.
LISTEN TO LEARN
07:30 Buying Her First Home
09:00 The Factora Wealth Community
20:00 The Student Loan Pause
25:30 Job Salaries & Benefits
29:00 Her IVF Journey
33:00 Retirement Accounts & Side Hustles
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
In this episode, we're tackling crucial topics like the gender pay gap, the realities of salary negotiation, and the impact of maternity leave on women's earnings. Plus, we're diving into the 2024 tax bracket changes and how they affect your wealth-building journey.
Whether you're navigating salary negotiations or optimizing your tax strategy, this episode is packed with valuable insights to help you increase your net worth.
LISTEN TO LEARN
02:30 Debunking the Gender Pay Gap Myth
15:45 The Impact of Maternity Leave on Women's Earnings
27:10 Exploring Salary Transparency Laws
40:50 Navigating the 2024 Tax Bracket Changes
55:30 Personal Finance Updates from Our Hosts
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Welcome to another episode of Coffee & Coin, where we're on a mission to lead 1 million women to $1 million in net worth!
Join Allegra and Whitney as they explore the intricacies of HSAs and share valuable insights on leveraging these accounts for significant tax savings and investment opportunities.
Whether you're a seasoned investor or just starting out, this episode is packed with practical advice to help you make informed decisions about your financial well-being.
LISTEN TO LEARN
10:00 The Triple Tax Benefits of HSAs
15:00 HSA vs. FSA: Breakdown of differences and advantages
27:00 Whitney & Allegra’s HSA Strategies
32:00 A step-by-step guide on setting up and managing your HSA
RESOURCES
Learn more about the Wealth Circle: factorawealth.com/wealth-circle
Join 6 Figure Savings: factorawealth.com/6-figure-savings
Get our FREE financial framework workbook: factorawealth.lpages.co/grow-net-worth-workbook
Get our FREE investing checklist: factorawealth.lpages.co/investing-checklist/
FOLLOW
Instagram: www.instagram.com/factora_wealth/
YouTube: youtube.com/@factora_wealth
Visit our website: www.factorawealth.com
Got a question or a topic you'd like us to cover? Message us on Instagram @factora_wealth. Don't forget to subscribe and share this episode with someone who could benefit from it!
Ever wondered how joining a wealth circle could transform your financial journey? Curious about the real-life impact of intentional investing?
On this episode of Net Worth Diaries, Sarah P. takes us on a captivating journey from low-paying non-profit jobs to doubling her salary and investing rate. As a facilitator in the Wealth Circle, she delves into her fulfilling career and the importance of making financial moves aligned with your interests.
Listen to hear:
- Getting over the fear of investing
- Tripling your investing rate
- Variety brokerage account options
- Real-life examples, numbers, and breakdowns
Tune in to uncover the empowering world of intentional wealth-building and discover how a supportive community can turn your financial goals into reality. 💰✨
Join the Wealth Circle Waitlist: https://www.factorawealth.com/wealth-circle
Download our FREE financial framework workbook: https://factorawealth.lpages.co/grow-net-worth-workbook/
Are you dreaming of early retirement and financial freedom? Wondering how to calculate the magic number that can make your dreams a reality?
In this episode, Whitney and Allegra demystify the 4% rule, explore various asset classes for generating passive income in retirement, and craft a clear roadmap for you to seize control of your financial future.
Listen to hear:
- How to calculate your retirement number
- The 3% rule vs the 4% rule
- How to conduct a lifestyle analysis
- Real-life examples, numbers, and breakdowns
Join the Wealth Circle Waitlist: https://www.factorawealth.com/wealth-circle
Download our FREE financial framework workbook: https://factorawealth.lpages.co/grow-net-worth-workbook/
Are you looking for a new job or thinking about switching careers? Do you want to earn more at your current company? In today's episode, Allegra is joined by two recruiting and salary negotiation experts who are passionate about helping women level up their careers, secure leadership roles, and earn more at work.
Listen to learn how to:
- Create a customized job search plan
- Effectively research roles & companies
- Build your personal brand
- Submit applications that get noticed
- Identify your salary band and negotiate for higher compensation
Want to be the first to know about future workshops like this one? Sign up for our newsletter: factorawealth.com/newsletter
Are you wondering when's the right moment to dive into saving and investing? Ever thought about how you can just sit back and watch your money grow effortlessly in a brokerage account?
In today's episode, the Factora team is diving deep into the realm of financial self-care, exploring how daily habits and practices play a crucial role in shaping your financial future. Liz, Taylor, and Allegra cover everything from savings buckets, value-based spending, and the divide-and-conquer approach to financial planning.
Listen to hear:
- The importance of setting up systems and automation
- How to decide if purchases align with your values
- How to divide and conquer finances as a couple
- A breakdown of the different types of emergency funds & savings buckets
Have you found yourself calculating the cost per wear to justify the price of expensive clothes?Curious how Airbnbs are affecting the housing market?
Allegra, Whit, Pam, and Steph are back for the September round-up. They’re sharing their thoughts on the impact of Airbnb bans and the pros and cons of using “Girl Math” when making purchases.
What you’ll learn:
- The impact of Airbnb saturation on hosts, local communities, and housing affordability
- What “Girl Math” is
- Our personal experiences with using “Girl Math” when making purchases
- What’s happening in our wallets: HSAs, simplifying finances, and office project completion
Looking for a way to contribute more to your retirement savings beyond your 401(k)?
Are you unsure if a Roth IRA or Traditional IRA is better?
In this episode, Allegra and Whitney are doing a deep dive into IRAs. They’re breaking down everything you need to know about the difference between Roth and Traditional IRAs, restrictions for contributing to and withdrawing from IRAs, and why IRAs are great to have in your portfolio.
Listen to hear:
- What an IRA is and why you may want one even if you already have a 401(k)
- How to make the most of your IRA and avoid costly penalties
- A breakdown of the different types of IRAs - Roth, Traditional, SEP, and SIMPLE
- How to determine which IRA is right for you and your goals
- What action steps to take to open an IRA account
Did you get a degree you don’t want to pursue a career in anymore?
Are you curious how to build your wealth with multiple income streams?
In this episode, Allegra is joined by Factora’s Head of Marketing and Wealth Circle alum, Taylor R. They’re diving into how she grew her net worth by over $300K in just under 4 years, a breakdown of her income streams, and the numbers behind it all.
Listen to hear:
- A look inside her income streams and current annual income
- How she is making over $60K a year in passive income through business equity
- A breakdown of the numbers behind her $301K net worth
- What big goals she’s working towards - passive income, real estate, and investments
What are your net worth goals and how are you working towards them?
Are you surrounding yourself with a community that inspires you to reach your financial goals?
Allegra is chatting with Wealth Circle alum, Kelly B. about the huge changes she has experienced since joining the Wealth Circle in February 2020. She’s sharing all the details about what her numbers were before the Wealth Circle and what they are now, how she spends in alignment with her values, and how she plans to reach her net worth goals.
Listen to hear:
- How her income and net worth have increased since joining the Wealth Circle
- When she got started investing in paper assets and what her current investment rate is
- What steps she took to increase her net worth
- Her net worth goals and what she’s doing to reach those goals
Are you holding off on buying a home because of the current mortgage rates?
Have you ever felt influenced by targeted ads while scrolling on Instagram?
Allegra, Steph, Pam, and Whitney are sharing some insight on the current mortgage rates and real estate market and how values based spending helps prevent excessive consumerism.
Listen to hear:
- How the current mortgage rates are affecting the real estate market and what opportunities are available in the current market
- The impact Taylor Swift, Beyonce, and Barbie are having on the general economy
- Why values based spending helps women avoid excessive consumerism
- A look inside our wallets: traveling for weddings, the numbers behind PMI removal, living off one salary, and shifting to a nanny share
Join the Fall Wealth Circle
Do you have someone who pushes you to expand different areas of your life?
Why is having an accountability partner key to growing your wealth?
In this episode, Allegra and her investie, Steph, are checking in for another accountability meet-up. They’re diving into their recent real estate moves, the importance of having multiple streams of income, and how Steph used a HELOC to buy her dream home.
What you’ll learn:
- How Steph is optimizing her real estate assets to bring in more income
- Why having multiple streams of income is actually safer than a corporate job
- How Steph and Allegra determine which house to sell and when
- What their business and personal goals are for the rest of 2023
Join The Fall Wealth Circle: www.factorawealth.com/wealth-circle
Check out the full show notes here: factorawealth.com/coffee-coin-159
Tired of living paycheck to paycheck even with a great salary?
Curious about the investment strategies that can help you build long-term wealth?
The Fall Wealth Circle is officially open for enrollment—and we’re already 54% full! If you’re ready to join an amazing community of women who want to make big financial changes, then we can’t wait to meet you! Still wondering if the Wealth Circle is right for you? Join Allegra as she spills all the details on the most common questions we get about The Wealth Circle.
You’ll learn:
- Why we LOVE when women who don’t make a lot of money join The Wealth Circle
- The importance of community in wealth building
- Why you shouldn’t wait to start investing, even with the volatility of the market
- The power of being educated in investing - whether you work with a financial advisor or not
Join The Wealth Circle: www.factorawealth.com/wealth-circle
Check out the full show notes here: factorawealth.com/coffee-coin-158
Are you taking full advantage of the tax breaks offered by your 401(k)?
Do you have 401(k)s from previous jobs that you don’t know what to do with?
In this episode, Allegra and Whitney deep dive 401(k)s and lay out what you need to know to maximize your retirement savings by breaking down tax advantages, vesting schedules, and withdrawal restrictions.
You’ll learn:
- What a 401(k) is and what the benefits of a 401(k) are
- What ‘tax-advantaged’ means and why you should care
- The difference between a traditional and Roth 401(k)s and why you might choose one over the other
- What options you have for your 401(k) when you leave a company
- The early withdrawal penalties you should be aware of
Featured in this episode:
- RSVP for our Wealth Circle Info Session on August 8th
- Learn more about the Wealth Circle
- Download our FREE financial framework workbook
- Watch Coffee & Coin on YouTube
Have you ever felt hesitant about sharing your plans to start a family with your employer? Are you getting the most out of your company’s 401K?
Allegra, Whit, Pam, and Steph are digging into the challenges of having a child in America, how new laws are helping pregnant women in the workplace, and how to decrease the gender gap in 401K balances in this month’s round-up.
You’ll learn:
- What the Pregnant Workers Fairness Act is
- Why it is so difficult for working women to have children in America
- How to ensure you are maxing out your company’s 401K
- What our retirement accounts currently look like
Check out the full show notes here: factorawealth.com/coffee-coin-156
Have you experienced the freedom of entrepreneurship, only to find yourself back in the corporate world? Does working to fulfill someone else's dream leave you motivated to pursue your own dream again?
Allegra is chatting with Anny about her journey from corporate tech sales to thriving food truck park owner. She’s spilling all the details of the challenges, set-backs, and risks it took to bring her vision to life.
You’ll learn:
- Why Anny decided to pursue full time entrepreneurship even after her first attempt didn’t work out
- How she decided on her food truck park business idea
- The numbers behind it all - from her corporate salary to start-up to net sales
- How taking risks is key to building wealth
Check out the full show notes here: factorawealth.com/coffee-coin-155
Are you maximizing the benefits of working with a financial advisor? Is the financial advisor recommended by your parents not serving you? Is working with a financial advisor necessary to achieve your financial goals?
Allegra & Whit discuss the pros and cons of working with a financial advisor, Whit’s take on working with her financial advisor, and why every #wealthywoman should know how to invest.
You’ll learn:
- What fees are associated with working with a financial advisor
- When you should begin working with one
- How to make the most out of working with a financial advisor
- Questions to ask before hiring a financial advisor
Check out the full show notes here: factorawealth.com/coffee-coin-154
Do you wish you could travel more while still prioritizing money towards your financial goals? Want to make the most out of your PTO without breaking the bank?
During our June Community Event, we teamed up with Lindsay of @onegirlwandering to teach you how to maximize your experiences when traveling by creating a budget that works for you and making the most out of credit card and loyalty points.
You’ll learn:
- Why being flexible is important when looking for the best travel deals
- How to make the most of your PTO by strategically planning your travel dates
- What to consider when creating your travel budget
- How to maximize credit card perks for airfare and hotels
Check out the full show notes here: factorawealth.com/coffee-coin-153
Do you have cash just sitting in a traditional savings account? Do you have a sneaky feeling that there might be a better option?
Are you ready to grow your investing strategy, but aren’t sure which account type makes sense for you?
In this clip from our webinar, “Where to Invest First,” Whitney breaks down the types of accounts every #WealthyWoman needs and how to create a financial system that puts your money to work.
In this episode, you’ll learn:
- The benefits and drawbacks of different types of savings and investment accounts
- How to prioritize which accounts to invest in first
- Where you could be leaving money on the table
- The tactical steps you need to take to open a new account
Check out the full show notes here: factorawealth.com/coffee-coin-152
Have you been told that your generation doesn’t work as hard as the previous generations?
Are you questioning if starting a family or buying a house is right for you?
Allegra, Steph, Whit, and Pam are back with another round-up and are sharing their thoughts on outdated norms and the emotional side of long term investing.
Listen to hear:
- Our thoughts on marriage, having children, and what we are prioritizing at this point in our lives
- Why younger generations are no longer set on reaching “milestones” the same way Boomers were
- Why investing in the stock market is one of the best options to build long term wealth
- A look inside our wallets: Covering costs on sabbatical, financing a dream pool, tenant troubles, and real estate projects
Check out the full show notes here: factorawealth.com/coffee-coin-151
What hard financial lessons have you learned that you wish you would have figured out sooner?
In this listener favorite episode, Allegra offers eight pieces of wisdom for how to live a happier, healthier, more financially empowered life. She also touches on the hard lessons she learned in her twenties, and how Factora fits into her vision of a purpose-driven life.
A sneak peek at Allegra’s learnings:
-If you think you can, you can
-The best way to increase confidence is to decide and do
-Change is the only constant in life
-Be purpose driven instead of status driven
Check out the full show notes here: factorawealth.com/coffee-coin-150
Have you ever thought about leaving your 9-5 and starting your own business, but aren’t sure what it would actually look like financially?
In this episode, Allegra chats with digital content creator and YouTuber, Jules Acree about her intentional pursuit of wealth building and how she went from corporate job to multi six-figure business owner with 7 (yes 7!) income streams.
What you’ll hear:
- Jules’ biggest money wins and learnings
- How she got started as a digital content creator
- The systems she uses to grow her money on autopilot
- A breakdown of her income streams, income, and expenses
- How she’s intentionally investing to help create the life of her dreams
Check out the full show notes here: factorawealth.com/coffee-coin-149
Want to travel the world? Retire when you’re 40? Design and build your dream home? Start your own business? Investing can help get you there. But where do you start and what should you be investing in?
The truth is, there’s no one-size-fits-all approach to investing, but the more you talk about building wealth, the more creative you’ll be able to get. And the more results you’ll actually see.
During this episode you'll hear from 3 women who invest in the stock market, real estate, and business, have clear financial goals, and understand how to make their money work for them.
In less than an hour, you’ll:
- Be ready to take action on your own money goals
- Feel more confident about your financial future
- Understand why community is the key to seeing results
Check out the full show notes here: factorawealth.com/coffee-coin-148
What steps should you take to prepare for a potential layoff? What are the possible financial and social benefits of co-living with other single parents? We’re digging into both in this month’s round-up.
What you’ll learn:
- The rising concern of job security and how to prep for possible job loss
- The pros and cons of sharing a living space + responsibilities with another single parents
- How the idea of co-living in America is drastically different than in other countries
- Our recent money wins and plans for our next financial moves
Check out the full show notes here: factorawealth.com/coffee-coin-147
Did you know the average cost of raising a child in the U.S. is $230,000? In this episode, Allegra chats with two Factora women about how they prepared financially to have kids, how their finances have changed since having kids, and how each of them is approaching working with children and childcare.
What you’ll learn:
- The costs involved with childbirth and childcare
- How these women prepped for income changes once their babies arrived
- Different ways they're setting up their children to have successful financial futures
Check out the full show notes here: factorawealth.com/coffee-coin-146
So you’re investing in index funds, but do you know how to select them based on your risk tolerance? In this episode, Allegra and Whitney dive into what index funds are, why they’re beneficial to your portfolio, and how to choose your index funds.
What you’ll learn:
- What index funds are and their benefits
- The steps to take before buying an index fund
- How to determine your current risk tolerance (and how it changes over time)
- How to select index funds based on your risk tolerance
- What Target Date Funds are and how they create a “set it and forget it” approach
Check out the full show notes here: factorawealth.com/coffee-coin-145
Why is having an accountability partner so important in reaching your financial goals? Allegra and her investie, Steph, are back with their Q2 accountability meet-up. They’re chatting about their recent and potential real estate investments, how their paper assets are doing, and their business goals for the rest of 2023.
What you’ll learn:
- What financial freedom means to Allegra and Steph
- Allegra’s potential investment property and Steph’s recent real estate investments
- Their current investing rates
- Their top line goals for Factora and Open House for the remainder of 2023
- Allegra & Steph’s personal updates and goals
Check out the full show notes here: factorawealth.com/coffee-coin/145
Are you wondering if the new 40 year mortgage option could make sense for you? Are you investing enough to retire when you want to? In this month’s round-up, we’re digging into both!
What you’ll learn:
- Why the FHA is coming out with a 40 year mortgage now
- The pros and cons of the 40 year mortgage
- A look at savings rates and planning for retirement
- Our recent money moves and financial wins
Check out the full show notes here: factorawealth.com/coffee-coin/144
Thinking about your future wedding and wondering if it’s really worth it to spend $30K+ on a single day? In this episode, Allegra chats with Wealth Circle Alum, Savannah B., who shares how she saved tens of thousands of dollars by having a micro wedding in Japan—and how spending less on the wedding has helped her and her husband reach their financial goals sooner, rather than later.
What you’ll learn:
- What inspired her to have a micro wedding instead of a traditional wedding
- Why this decision made sense for her and her fiance
- The details (and numbers!) behind their destination wedding in Japan
- What they’re planning to do with the money they saved
Get the full show notes here: factorawealth.com/coffee-coin-143
Ever thought about building your own investment property, but worried about how much it could cost? In this episode, we talk with Chloe and Valerie, two Factora women turned real estate investment partners, who are proof that building your dream rental property may be more affordable than you think.
What you’ll learn:
- How they formed their real estate partnership
- How much money they had to bring to the table to buy the lot, design, and build
- How they designed the property to create 6 different rentable spaces out of 2 units
- How much they expect to cash-flow in the first year
- Tips for women looking to get into real estate development
Ever wondered how to do a 401(k) rollover?
Many people leave jobs and forget about their retirement plans: leaving 24.3 million 401(k) plans totaling $1.35 trillion in assets on the table. Knowing how to handle your “old” 401(k) plans is key to making sure your retirement funds can keep growing without interruption. During this episode, we're sharing the recording from our March Community Event on how to do a 401(k) rollover.
You'll learn:
How much a forgotten 401(k) could be costing you
Why rolling over your 401(k) matters
How to complete a 401(k) rollover (it’s easier than you think!)
If you’re ready to roll over your 401(k) with Capitilize, you can do so for FREE here: https://app.hicapitalize.com/p/factora
This week, Allegra is joined by three Factora women - Whitney, Pam, and Steph - for our first-ever monthly round-up. During the last week of each month, we'll be chatting with this panel of women about what's going on in the world and in our wallets. Tune in this week to hear their perspectives on the Silicone Valley Bank failure and another year without a shrinking pay gap. Plus, the financial goals they're each working towards.
Download our FREE financial framework workbook >
Learn more about the Wealth Circle >
Want to retire in your 40s but have no idea how to get there?
In this episode, Allegra chats with Facotra's Community Manager, Liz P, about her plan to reach financial freedom by the time she's 45 by purchasing 10 houses in 10 years.
Listen to hear:
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How she came up with this goal
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The steps she took to get started
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The creative ways she plans to purchase each property
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How much she's hoping to cashflow from each property
RSVP for How to do a 401(k) and Stop Leaving Money on the Table >
Download our FREE financial framework workbook >
Learn more about the Wealth Circle >
In the Wealth Circle, we talk a lot about the importance of having multiple income streams and how often the wealthiest people you know are business owners. So today, we’re diving into what it looks like to start a business of your own, while still working a 9-5.
Allegra chats with her friend, Wealth Circle grad, and business owner Carlyle, about her experience starting up a 53-acre, 21+ retreat space that’s focused on outdoor, communal amenities and activities.
Tune in to hear:
-What made Carlyle decide to start this business and how she came up with the idea
-How she managed to juggle starting a new business while working a full-time job (and what her day-to-day looks like now)
-The numbers behind it all—from start-up to maintenance, to cash flow
-Tips she has for women looking to start a business or go all-in on their side hustle
Watch Coffee & Coin on YouTube >
Check out Serena and follow them on Instagram @serenatx
Check out Meet Around the Table
Learn more about the Wealth Circle >
Download our FREE financial framework workbook >
So you’ve heard of socially responsible investing, but do you really know what it means or how companies earn the label of “responsible”?
In this episode, Allegra and Whitney dive into why these types of funds are so appealing and why they’re really too good to be true.
They discuss:
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What ESG funds are and why more women than men are interested in investing in them
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How companies use socially responsible investing in their marketing and PR
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What people inside the industry are really saying about ESG funds (hint: it’s not pretty)
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What it actually means to be a socially responsible investor and have a real impact on the causes you care about most
Download our FREE financial framework workbook >
Learn more about the Wealth Circle >
Allegra & Jake met during SXSW in 2017 at a crossroads in their own personal financial journeys. Since then they've been building their life and wealth together—and today they’re officially millionaires. In this episode they discuss:
— What their earliest money conversations were about
— How it feels to have crossed the million-dollar net worth mark
— The financial decisions, sacrifices, and strategies that helped them get here in just 5 years
— Why they value financial transparency and how they put it into practice
— What they’re working towards next and their ultimate net worth goal
Listen to previous episodes from Allegra & Jake:
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Meet Jake G. - Creative Real Estate Investor, Mr. Play-It-Safe, and Allegra’s Fiance
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Combining Our Finances - Allegra & Jake
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For the Love of Money - Allegra & Jake
Download our FREE financial framework workbook >
Learn more about the Wealth Circle >
Taxes are one of our biggest lifetime expenses. They impact our cash flow, investments, properties, and businesses…not to mention our overall net worth. While they may spark dread instead of joy, they still deserve our time and attention—because understanding different strategies to lower your annual tax bill can really add up over time. Today's episode is a recording from our February community event with Candace Galiffa, a Certified Public Accountant and Owner of NewWay Accounting—she talks through taxe101 and shares actionable tips for your stock market, real estate, and business investments.
Watch the event recording here: https://www.factorawealth.com/event-listings/lets-talk-tax-savings-strategies-for-investors-and-business-owners
Sign-up for our newsletter to get access to future events: https://www.factorawealth.com/newsletter
Learn more about the Wealth Circle: https://www.factorawealth.com/wealth-circle
While getting started in real estate has a higher barrier to entry (read: price tag) than getting started in the stock market, there are so many creative ways to lower that cost. In this episode, Allegra interviews three Factora women who have teamed up to create not one, but two cash-flowing Airbnbs in Austin, TX. Listen to hear the different roles each woman played and the numbers behind it all.
Ready to find an Investie of your own? Join the Wealth Circle Waitlist.
Listen to the Investies' previous episodes of Coffee & Coin:
Renee - Episodes 8 & 68
Celeste & Christine - Episode 55
Christine - Episode 9
In this episode, Allegra shares her first accountability partner meet-up of 2023, with Steph Douglass, a Factora Member and Founder & CEO of Open House Austin. They share their biggest learnings from 2022, how to keep going when you don’t hit your goals (when or how you planned), and what they’re working towards in 2023. As always, listening to these two talk money is a real treat!
Have questions you'd like Allegra & Steph to answer on future episodes? Email us at info@facotrawealth.com.
Ready to get a head start on your 2023 financial goals? Download our free workbook to help you get clear on the steps you need to take next.
Learn more about Factora's online course and community, the Wealth Circle.
Check out Steph's company, Open House Austin.
It's our favorite time of year because the Spring Wealth Circle is OPEN for enrollment, which means hundreds of women are getting ready to join the Factora community and make some serious financial changes—we can't wait! In this episode, Allegra talks about why creating systems is the KEY to short and long-term financial success and the tools needed to build those systems from the ground up. If you're ready to transform your financial life and join of community of action-oriented, supportive women investors, then you have just a few days left to join the Spring Wealth Circle.
Learn more about the Wealth Circle
Join the Spring 2023 Wealth Circle
Last year nearly half of female employees reported feeling burnt out. Personal expectations, lack of resources, and outside stigmas can all make it challenging to put your mental health first, but prioritizing your mental wellbeing is vital to your overall health and has a direct impact on your personal and professional life. So in today's episode, Allegra chats with two Factora women who recently leveraged thier money and investments to take a sabbatical in support of their mental health. They share what they've learned through this experience and tips for anyone looking to take a sabbatical of their own.
If this episode has you feeling inspired, the Spring Wealth Circle is now open for enrollment! Learn more and join here.
There is so much power in making decisions for ourselves – but it's after you make the decision that you want something, that you actually have to go and do the work. In this episode, Allegra breaks down the difference between signing-up for your money and showing-up for your money and how a simple mindset shift can set you up to have your best financial year yet.
RSVP for our Wealth Circle Info Session
Nothing bad happens when women talk money. In this episode we're giving you a sneak peek inside our December Member's event: How to Invest During a Downturn. Allegra chats with two other Factora women about their current investing strategies, changes they've made in the last year, and what they're thinking about as we head into 2023.
Join the waitlist for the Spring 2023 Wealth Circle.
In the final episode of our Financial Foundation series we're talking about the one tool that is absolutely key when it comes to growing your wealth over time–investing. Allegra explains how investing will allow you to stop trading your time for money and reach financial freedom way sooner than traditional retirement age. Plus, why she hates the term retirement and how we can shift our mindset to create a life with way more flexibility and freedom now—rather than later.
Download our FREE financial framework workbook.
Join the waitlist for the Spring 2023 Wealth Circle for the inside scoop and access to Early Bird pricing when we open in December.
In part 5 of our Financial Foundation series we're talking all about how to save for your short-term goals by leveraging one of our favorite wealth-building tools: automations. Allegra walks through how to pay yourself first and how to create systems that will grow your money easier and faster than you thought possible.
Download our FREE financial framework workbook.
Join the waitlist for the Spring 2023 Wealth Circle for the inside scoop and access to Early Bird pricing when we open in December.
According to the Federal Reserve, a whopping 36% of Americans don't have enough money saved to cover a $400 emergency. In part 4 of our Financial Foundation series Allegra breaks down why emergency funds are essential to preserving your wealth and how to determine how much you need in yours.
Download our FREE financial framework workbook.
Join the waitlist for the Spring 2023 Wealth Circle for the inside scoop and access to Early Bird pricing when we open in December.
Welcome back to part 3 of our Financial Foundations series! Today we're talking about what it means to spend based on your values and how doing so allows you to spend on the things that matter most to you now while ALSO increasing your investing rate and growing your wealth in the long-term.
Download our FREE financial framework workbook.
Watch this video to define your personal values.
Join the waitlist for the Spring 2023 Wealth Circle for the inside scoop and access to Early Bird pricing when we open in December.
There's a lot of talk about what to do when it comes to money. Should you invest? Pay off debt? Both? In this episode, we're taking a look at step one in the Factora Financial Framework: eliminating high-interest debt. Allegra dives into the difference between high-interest debt and low-interest debt and the opportunity cost of NOT investing, to help you determine which strategy makes the most sense for you.
Download our FREE financial framework workbook.
Join the waitlist for the Spring 2023 Wealth Circle for the inside scoop and access to Early Bird pricing when we open in December.
When it comes to building the life of your dreams, hope is not a strategy. So, today we're kicking off a new series that will give you the tools you need to build a solid financial foundation from the ground up. In this episode, Allegra explains what wealth actually enables in our lives (hint: it's not just about being rich) and introduces the Factora Financial Framework—the basis for everything we teach in the Wealth Circle.
Download our free workbook.
Apply to the Spring 2023 Wealth Circle.
In Julia’s final episode, she is sharing what she learned from the book Rich Dad, Poor Dad by Robert Kiyosaki. She breaks down five amazing lessons from the book, gives examples of how she is implementing these lessons, and talks about three small changes you can make to get started on your path to wealth.
Apply to the Wealth Circle.
Julia is chatting with Wealth Circle Alum, Lexi, about how her life has changed since joining The Wealth Circle in Spring of 2021. She shares her investment strategy, how her feelings about money have changed, and her real estate goals. Lexi is truly using money to build the life she wants and you can, too!
The Wealth Circle doors will be closing TOMORROW and won’t open again until 2023. Now’s the time to start building your wealth!
Join the Wealth Circle
This week, Julia talks about why investing is so much better than saving for building wealth, especially with rising inflation rates. She shares how compounding interest helps you grow your money without doing anything, why investing is going to help you prepare for retirement, and answers some FAQs about the Wealth Circle.
The Wealth Circle doors will be closing soon and won’t open again until 2023. Don’t miss your chance to start building your wealth!
Join the Wealth Circle
Today, Julia is talking with Steph Douglass, real estate extraordinaire, co-founder of Open House, and Factora member. Steph shares how she got started with real estate investing, her journey growing her real estate portfolio, and advice on investing in real estate when interest rates are rising.
RSVP for our free Wealth Circle info session, How to Never Stress About Your Money Again: Recession Edition on August 17 at 6 PM CT | 7 PM ET
Join the Wealth Circle
The Wealth Circle is officially open for enrollment! Today, Julia is sharing three reasons why you should want to become a millionaire, three big things that are holding women back from building wealth, and how the Wealth Circle will support you in overcoming these challenges and help you build your wealth.
Join the Wealth Circle
Julia talks with Renee, Wealth Circle Alum and Factora’s Director of Growth Marketing, about how she reevaluated her relationship with money when she transitioned into a new phase in her life. Today, Renee shares how Factora helped her come up with a plan that is comfortable for her and how she’s using investing and real estate to create multiple streams of income to help pay down student loans and build her family’s wealth.
Sign up for our free Wealth Circle info session
Apply to the Wealth Circle
There’s a lot of talk about a coming recession. Today, we’re going over the principles you need to keep growing your wealth in a market downturn.
Sign up for our free webinar, How to Invest in the Stock Market.
Apply to the Wealth Circle.
This week, we’re revisiting our most popular episode of all time, where Allegra offers a window inside Session 1 of the Wealth Circle. In this snippet, Allegra talks about what it means to build your financial future from the ground up.
Join the Wealth Circle now for $150 off plus get our intro course 6 Figure Savings for free (a $360 value!) using code EARLYBIRD.
Nevia L. is an alum of Wealth Circle 26. In this throwback episode, she shares her journey in moving from a relationship with debt to one focused on wealth building. She also gives some examples about how she's gotten creative with her financial goals, including taking on an amazing side hustle to save up for a down payment with a friend.
In this throwback episode from 2021, Allegra speaks to Kristin J. about her plans to DOUBLE her salary without changing titles or going back to school. Kristin also explained her student loan payoff plan, with a short-term goal of paying off 20k in private loans in a year and a half or less.
Apply to the Fall Wealth Circle.
This week, we're revisiting one of our favorite conversations from last year. Lisa W. and Alison H. are a pair of "investies" (friends and investment partners) who put their brains together to create a real estate investment partnership in the form of an Airbnb in Austin, Texas. With Lisa's home equity, and Allison's interior design skills, they were able to collaborate on an ideal short term rental which led to IMMEDIATE cashflow for both of them.
Apply to the Fall Wealth Circle.
In this throwback episode from 2020, Allegra talks to Itzel G. about why she took the Six Figure Savings course before she felt "ready."
Apply to the Fall Wealth Circle.
Riley Blanks Reed is the founder and CEO of Woke Beauty, a creative studio offering photography, brand storytelling, and community building services. In this throwback episode from last year, Riley talks about how Factora helped her to align her financial strategy with her professional and personal identity.
Apply to the Fall Wealth Circle.
Erique is a Charlotte-based STEM program coordinator who runs an amazing food photography account in her free time. She joined the Wealth Circle last year and has already increased her net worth by tens of thousands of dollars. In this archived conversation, she talks about the power of financial automation, how she's planning to house-hack her home expenses, and more.
Today we’re offering a window into another Factora accountability partnership, which is between Caro and Julia. Together they chat (and laugh) about why they decided to become accountabili-buddies, how they've created a shared perspective on creative careers, and more.
Apply to the Fall Wealth Circle.
Wealth Circle alum Cheryl Bailey grew her net worth from $50k to $780k in a matter of one year. Today she talks to Allegra about the financial principles that guided this journey, and why she thinks every woman could gain something from taking the Wealth Circle, regardless of their age or experience.
Apply to the Fall Wealth Circle.
Unpaid labor is almost never a good idea — but sweat equity? That's a whole other story. Today Allegra sits down with Taylor, our content manager, to talk about how she used sweat equity to gain business ownership in not one, but two small businesses.
Apply to the Fall Wealth Circle.
Ever wondered what it takes to get into the real estate investment game? Our latest guest, Allison Mackalik, has all the answers. Today she talks to Allegra about how she and her husband went from an initial investment in a duplex, to owning and running an 11 unit rental building in another state.
Apply to the Fall Wealth Circle.
Check out the resources on real estate investing by Bigger Pockets.
Want to get involved in real estate investing, but have no clue where to start? Today Allegra breaks down four commonly used real estate strategies that anyone can use to get started.
Apply to the Fall Wealth Circle.
Our beloved head of product, Whitney L., is taking a step back from Factora to pursue some much-needed time away from the hamster wheel. Today she talks to Allegra about how she's taking a yearlong, unpaid sabbatical without touching any of her savings.
Apply to the Fall Wealth Circle.
Listen to Whitney's older episode with Coffee & Coin about how she saved a million dollars.
Apply to become our next Director of Growth Marketing!
There are three main ways to invest in the stock market. Each approach impacts how much money you're able to walk away with at the end of your investing journey—and depending on which strategy you choose, your decision might mean a difference of millions of dollars, when all is said and done.
Apply to the Fall Wealth Circle.
SURPRISE: Allegra is pregnant! Today she talks about why she's planning a home birth, how much she expects to spend in the early weeks of motherhood, and what she's bought so far for the nursery (hint: it's not much...).
Apply to the Fall Wealth Circle.
Watch Carly Brown's live streamed home birth on Instagram.
Check out Allegra's doula and midwife on Instagram: @riverwilddoula & @bear.together.
Today we're featuring another Team Factora couple: podcast producer Caro and her husband Riley. Together they talk about why they decided to merge their finances completely, how they doubled their collective income in the last year, and how they plan to avoid lifestyle creep in the years to come.
Apply to the Fall Wealth Circle.
You might think investing your money is risky, but it's actually WAY riskier to keep your money in cash, thus missing out on the magic of compound interest. Today Allegra explains the simple recipe for investing, highlighting why time in the market and compound interest are a wealthy woman's best friend.
Apply to the Fall Wealth Circle.
Your Investment Rate is the percentage of your salary that you're able to invest every single month - and spoiler alert, it's way more important than your salary number. Today Allegra shares why this is the case, along with a few tips for how you can increase your Investment Rate ASAP.
Check out "The Shockingly Simple Math Behind Early Retirement," a blog post by Mr. Money Mustache.
Apply to the Fall Wealth Circle.
Talking about finances with your partner might be scary at first, but it is SO WORTH IT to push through the initial discomfort in order to create a shared money language as a couple. Today our head of marketing, Julia, is chatting with her boyfriend Jeremy about how they created a joint financial plan for their lives, including what they've accomplished so far and what they're looking to do next.
Listen to the Tim Ferriss Show podcast episode Julia and Jeremy recommended: "How to Get Unstuck, Do 'The Work,' Take Radical Responsibility, and Reduce Drama in Your Life."
Want to start investing, but have no clue how or where to begin? Look no further! Today we're offering a clip from one of our recent webinars, "Where to Invest First," in which our head of product, Whitney, provides a step-by-step breakdown on how you can start investing (aka putting your money to WORK for you!) today.
Apply to the Spring 2022 Wealth Circle.
Read the FAQ page for the Wealth Circle.
Read reviews of the Wealth Circle by women who've taken it.
Join the Spring 2022 Wealth Circle.
Check out Carly on Instagram @CarlyLovesKale.
Check out Alchemy Juice online.
Today Allegra is speaking with Carly Johnson Brawner, a non-toxic living expert, health coach, and podcaster on a mission to help people examine their lives, elevate their health, and consider the beauty in unconventional paths and lifestyles. Carly joined the Wealth Circle this past Fall, and is here to talk about just how radically her money mindset has changed in just a few short months.
Sign up for our free webinar, How to Grow Your Net Worth by 30k, which will take place on January 19 at 1 PM central time.
Apply to the spring Wealth Circle.
Listen to Carly's podcast, Doing it Different.
Follow Carly on Instagram.
You're over 90% more likely to actually accomplish your goals if you have an accountability partner cheering you on along the way. Today, Allegra is sharing her first accountability partner session of the year with Steph Douglass, a Factora Member and Founder & CEO of Open House Austin. She and Allegra are sharing their biggest goals yet, along with how they plan to get there.
RSVP for our free Wealth Circle Info Session, How to Grow Your Net Worth by $30K on January 19 at 1 PM CT | 2 PM ET.
Apply to the Spring Wealth Circle.
For the final Coffee & Coin podcast of the year, it’s only natural that we’d be feeling a bit retrospective - but instead of feeding you some annoying spiel about New Years resolutions, Allegra is offering up something much more valuable: her own finance story, from start to finish, for the first time. Little spoiler for you: it’ll leave you feeling pretty inspired about how much a persons life can change in a few short years, once they decide to change some habits.
Apply to the Spring Wealth Circle.
Today we're offering you a brief, calming meditation to help you through the holiday season.
Apply to the Spring Wealth Circle.
Sign up for our newsletter.
Today we’re handing over the reins of the podcast to a very special set of guests: the Wealth Circle women. You’re going to hear ten women who have recently graduated from the Wealth Circle, and who talk about a number of aspects of the course, including: how their relationship to money was changed by the course, what their proudest money moves are, and how their net worth has changed, post Factora.
Apply to the Spring Wealth Circle.
Today, Allegra is joined by our head of product, Whitney, to talk about how far the Wealth Circle has come, from the first Wealth Circle in 2017, which took place in person in a small conference room with eight women, to the one we just wrapped this fall, which included 400 women from across the country and even the globe.
Apply to the Spring Wealth Circle.
Today we’re doing something a little bit different and offering up a snippet of a recent expert call Factora hosted with Jules Acree. Jules is a Factora member, content creator, certified yoga and mindfulness teacher, and founder of Om & the City, a mindful lifestyle blog that empowers women to invest in their wellbeing & pursue their purpose. Today, you’ll hear her talk about the lifestyle systems you can create at home and at work to simplify your life.
Apply to the Spring Wealth Circle.
Follow Jules on Instagram @JulesAcree.
Check out Jules' blog, Om & the City.
Check out The Shockingly Simple Math Behind Early Retirement, via Mr. Money Mustache.
Apply to the Spring Wealth Circle.
Check out Michael's recommendation for more Bitcoin education & resources.
Read more about the energy costs of Bitcoin compared to traditional banking.
Apply to the Spring Wealth Circle.
Listen to Claire's first episode on the Coffee & Coin Podcast.
Follow @Flourish on Instagram.
Follow Claire on Twitter and Instagram.
Apply to the spring Wealth Circle.
Follow @caroclaireburke on Instagram & read her cover stories!
Check out Mr. Money Mustache's blog post, "The Shockingly Simple Math Behind Early Retirement."
We're revisiting an all-time classic from the Tough Love vault this week, with a breakdown from Allegra on the importance of accountability and community when it comes to growing wealth. This episode originally aired in May, and highlights why ongoing accountability with a likeminded community is STATISTICALLY PROVEN to increase your chances of achieving your goals...by a lot.
Follow Alexa and her fiancé and business partner Jordan on Instagram: @ThatSexChick & @ConsciousBro
Join That Sex Group on Facebook.
Register for Factora's free upcoming webinar, How to Grow Your Net Worth by $30K, which takes place on August 17.
Apply to the Fall Wealth Circle.
Check out Erique's foodie Instagram account @EriqueBerry.
Register for Factora's free upcoming webinar, How to Grow Your Net Worth by $30K, which takes place on August 17.
Apply to the Fall Wealth Circle.
Riley Blanks Reed is the founder and CEO of Woke Beauty, a creative studio offering photography, brand storytelling, and community building services. She's also a photographer, model, and socially minded influencer who took the Wealth Circle last fall. In this conversation, she talks about how Factora helped her to align her financial strategy with her professional and personal identity.
Apply to the Fall 2021 Wealth Circle
Read A Happy Pocket Full of Money, by David Cameron Gikandi
Listen to Fernanda's previous interview on Coffee & Coin.
Apply to the Fall 2020 Wealth Circle.
Enter to win the Best Self Summer Giveaway.
Register for Factora's free upcoming webinar, Investing 101: Put Your Money to Work, which takes place on June 22.
Apply to the Fall 2020 Wealth Circle.
Follow Caro & her Cover Stories Project on Instagram.
Enter to win the Best Self Summer Giveaway.
Register for Factora's free upcoming webinar, Investing 101: Put Your Money to Work, which takes place on June 22.
Apply to the Fall 2020 Wealth Circle.
Register for Factora's free upcoming webinar, Investing 101: Put Your Money to Work, which takes place on June 22.
Apply to the Fall 2020 Wealth Circle.
Watch Factora's free Personal Values Training.
The book Whitney referenced in the episode is A Happy Pocket Full of Money, by David Cameron Gikandi.
The photographer for our summer photoshoot was Riley Blanks Reed: wokebeauty.com
For anyone who wants to peruse Allegra's wedding photos: https://www.thegroseks.com/
Allegra's wedding photographer was Kirsten Holliday! You can reach her here: https://www.kirstenhollidayphoto.com/
Apply to the fall 2020 Wealth Circle: factorawealth.com/wealth-circle
Chantal is a serial entrepreneur who currently runs two businesses and is planning to launch a third. In this episode you'll hear: what led to the stratospheric growth of Chantal's clothing embroidery business, Read Receipts, in the last year; how Chantal used lessons from her Wealth Circle to capitalize on these gains as much as possible; and the valuable lessons she's learned as a businesswoman along the way. TLDR: side hustles are real, y'all.
RSVP to Factora's free Investing 101 webinar on May 27: https://www.factorawealth.com/investing101
Apply to the fall Wealth Circle: factorawealth.com/wealth-circle
Our first podcast with Pam was so great that we brought her back to chat all things angel investing.
Pam, a Factora Member since 2020, joined a Wealth Circle and realized that angel investing was a huge goal for her. We talk about what it means to be an angel investor, how she got started, what her investment thesis is, and so much more.
Celeste and Christine were part of Factora’s very first Wealth Circle...and the rest is history. Tune in to hear about how they decided to not only hold each other accountable to their goals, but to actually partner on an Airbnb that Christine built in her house.
Check out their venture: @atxdelight
Factora’s Marketing Associate, Taylor, walks Allegra through what the hunt for her and her partner’s first home has looked like in the midst of a pandemic-spiked real estate market. She chats about the 10 (!) offers she has made so far, how she and her partner plan to split the deal financially, and how they are staying motivated to keep going.
Factora’s Head of Brand, Julia, gives Allegra the low down about her real estate investments: the numbers, the strategy, and what’s next.
Lauren joined Factora working a corporate job and living a minimalist lifestyle—while feeling shame and guilt around money. Tune in to hear how she quit her job to become Head of Product at her boyfriend’ company, created a solid investment strategy, and negotiated for more equity.
We had Factora Member, Alison M., back on the podcast to share her personal experience with IVF. We cover the different procedures, egg storage, retrieval transfer—and of course, all the costs associated with it, including how to talk to your insurance companies!
Tune in to hear Team Factora share the hot gossip from the current Wealth Circle, the story of Snowpocalypse of ‘21, our personal financial goals, and how we each structure our finances with our Significant Others (spoiler alert: it’s different strokes for different folks).
Whitney & Joey share a common love language: money. It’s a topic they enjoy talking about with each other, even though their investment strategies tend to differ.
In this episode, we discuss:
- How we build wealth together, despite not having joint accounts.
- Why having different money values works for us.
- Managing different levels of investment risk in our marriage.
- The importance of honest money communication.
- Ideas for talking about money with a partner that may not be on the same page.
- Balancing who should pay for what.
- How we overcame our first money fight.
Julia & Jeremy met in 2017 at a bar in Austin...and the rest is history. They weren’t always able to talk about money without some difficulty (read: tears) but have come such a long way. In this episode, we discuss:
- How we bought our first house together as a non-married couple with separate finances
- The many pivots we made along the way.
- The exact criteria we looked for to turn our home into a DIY duplex.
- How we structured and financed our deal.
- The renovations we made to create an Airbnb and how much we’ve made so far.
- The personal work we did to make money conversations easier.
- Our next money goals!
Allegra & Jake met during SXSW in 2017 at a crossroads in their own personal financial journeys. Since then they've been building their life and wealth together.
In this episode we discuss:
- Marriage and how they first met.
- What their early money conversations were about and how they evolved.
- Their first money fight and how they overcame it.
- What are their individual financial strengths and weaknesses.
- Advice for couples about how to elevate money conversations in a relationship.
- Rapid fire questions submitted from Factora's Instagram audience.
Kristin is a Registered Nurse from New Jersey who found Factora by browsing Eventbrite. She joined and completely changed around her financial life.
In this episode, you’ll hear:
- How she doubled her income.
- The steps she took to reduce her expenses and pay off student loans.
- How she reduced her debt by $4k in just 3 months.
- The work she did to recognize the real WHY behind wanting wealth.
- How she increased her saving & investing rate.
- Why building wealth is accessible to everyone.
- Why mindset was her biggest hurdle to turning her finances around.
Join the Wealth Circle: https://www.factorawealth.com/wealth-circle
Hannah joined Factora with a solid handle on money: she already owned a house, was saving and investing aggressively, and actively practiced some principles from the FIRE movement. But there was one key thing missing: community. So she joined Factora.
In this episode, you’ll hear:
- Her experience with student loans .
- How the FIRE movement got her interested in personal finance.
- Why she eventually stopped extreme frugality.
- How she snowballed her way out of student debt to become a homeowner.
- Her strategies for passive index investing and house-hacking.
- How she built her net worth to $500k+, starting from a $25k salary.
- Her dreams for starting a business one day.
Join the Wealth Circle: https://www.factorawealth.com/wealth-circle
Allison joined Factora as a new mom, making over 6-figures. She realized she needed a clearer money strategy in order to grow her family, so she joined Factora.
In this episode, you’ll hear:
- How her parents’ divorce affected her early experiences with money.
- Why she’s always loved money from a early age.
- How she paid off her student loans 3 years after graduating.
- Her journey from a $25k to $200k salary.
- How joining the Wealth Circle sparked financial conversations with her husband and friends that she’d never had before.
- The details of her first real estate investment purchase.
- Her strategies to achieve her financial freedom dream of living in Hawaii.
Join the Wealth Circle: https://www.factorawealth.com/wealth-circle
Lynn is a mom, a content marketer, and an Austinite who joined Factora after she came into an inheritance from her grandparents.
In this episode, you’ll hear:
- How becoming a mom at an early age affected her relationship with money.
- Why she decided to get her college degree.
- The life event that cause her to join the Wealth Circle.
- Her financial situation before the Wealth Circle.
- How she realized salary is just one (small!) part of the wealth equation.
- Her real estate strategy to increase cash flow.
- The other exciting changes she’s made since joining Factora.
Join the Wealth Circle: https://www.factorawealth.com/wealth-circle
Noelle is Creative Director at Goddess Provisions, a spirituality-based lifestyle brand. She joined Factora after starting her own business and finding herself unprepared to handle finances for it. She decided to sign up for the Wealth Circle and everything changed. In this episode, you’ll hear:
- How money stress began affecting her health.
- The program she used to pay off and consolidate her debt.
- How much she makes as a Creative Director.
- Why she’s now in a place where she gets excited to check her accounts every morning.
- How she saved enough to build a house with her fiance.
- The limiting beliefs she had to break through to join a Wealth Circle.
- The 3 major personal finance lessons she learned.
Listen to real women tell their stories about how drastically their finances have transformed since becoming a Factora Member. Pam H. is a first-generation immigrant whose anxious financial experiences led her to get her accounting degree. Then, she joined the Wealth Circle and learned so much more. In this episode, you’ll hear about:
- Why, despite her degree, she felt analysis paralysis when it came to her money.
- Why mindset makes the biggest difference in changing your wealth potential.
- How Factora helped her realize her innate, most audacious dreams.
- Why automating savings made a huge difference--and how she now saves $4K/month.
- How she increased her net worth by $100K since February.
- The moment she realized she wanted to be an angel investor and the steps she’s taken to get there.
- How she’s incorporating time horizons into her investment strategy.
- How getting focused with her money has allowed her to be more generous and think about the well-being of her community.
Apply to the Wealth Circle: https://pages.factorawealth.com/wealth-circle-course
Welcome to the last installment of our Money Meditation Series, where we’ll guide you through a calming meditation to help you de-stress and refocus on your goals, your future, and obviously, your money.
In this episode, we guide you to feel grateful for the wealth you already have—in order to create even more.
Let’s face it: New year, new me is a crock. Founder & CEO Allegra Moet Brantly shares her thoughts on how to make real, lasting change this year. This episode just may be the tough love you need to get your money into gear.
Listen to real women tell their stories about how drastically their finances have transformed since becoming a Factora Member. Emily Z. joined us feeling constantly stressed by money, and since her Wealth Circle, so much has changed. In this episode, you’ll hear about:
- Her initial lack of money strategy and how it felt.
- Why she was constantly burdened by money.
- Her Saving & Investing rate before and after Factora.
- How Factora helped her realize she’d never build wealth by letting her money sit passively.
- The big financial event that Factora helped guide her to maximize.
- The most helpful tools she received in a Wealth Circle.
- Her new money strategy that optimizes her variable income she gets from commissions.
- Why she associates money with the word courage now--not stress.
- Why she LOVES talking about money now.
Apply to the Wealth Circle: https://pages.factorawealth.com/wealth-circle-course
Listen to real women tell their stories about how drastically their finances (and lives in general) have transformed since becoming a Factora Member. Claire S. is a successful entrepreneur and is the CEO & Founder of Nutritional Freedom. In this episode, you’ll hear about:
- How she raised her net worth by $100K in 10 months.
- How her abundant money mindset turned into a scarcity mindset later in life.
- Why she joined Factora, despite coming from a family of CPAs.
- The moment she decided to start her own business.
- Her exact Saving & Investing rate before and after Factora and what she did to increase it.
- How she wants to show up in her marriage when it comes to money.
- Her biggest “aha” moment from the Wealth Circle and why it inspired her to take immediate action.
- The changes in her personal life since learning how to command her money.
Welcome to the latest installment of our Money Meditation Series, where we’ll guide you through a calming meditation to help you de-stress and refocus on your goals, your future, and obviously, your money. In this episode, we remind you that financial success isn’t a linear journey and help you remember the big picture.
We just wrapped up the 12 Days of Wealthmas, where we featured 12 new Factora Members who’ve accomplished mind-blowing results, just during the 12 weeks of the Wealth Circle. Listen to this short episode to hear their best learnings and advice—and to get fired up about your own personal finance journey.
Welcome to the latest installment of our Money Meditation Series, where we’ll guide you through a calming meditation to help you de-stress and refocus on your goals, your future, and obviously, your money. In this episode, we remind you that financial success isn’t a linear journey and help you remember the big picture.
Introducing our new Money Meditation Series, where we’ll guide you through a calming meditation to help you de-stress and refocus on your goals, your future, and obviously, your money.
In our first episode, we read excerpts from one of our favorite books, a Happy Pocket Full Of Money—and encourage you to think about your own wealthy life.
For Factora Members, November is all about Focus. Who’s more about focus than anyone we know? Warren Buffett. Team Factora walks through their own answers to the Warren Buffet focus exercise and shares their top priority goals for 2021.
Apply to the Wealth Circle: https://pages.factorawealth.com/wealth-circle-course
RSVP to our Intro Workshop: my.demio.com/ref/ue9GYHDrquAS8qGB
Whitney, the Head of Product at Factora, eloped this summer with her (now) husband Joey, who also happens to be a lawyer. They’re both very independent—their finances are still separate—so they created a detailed, thorough prenup before they tied the knot. We obviously made them share all the details.
They cover:
- Why they keep their finances separate.
- Their views about prenups and how they kept it positive.
- How their personalities informed their prenup structure.
- The benefits of prenups that go deeper than legalese.
- What a “community property” state is.
- Their biggest point of contention when creating prenup terms.
- Exactly how much it cost to create a prenup.
- How they made the process fun!
Itzel is a program manager at a local organization that empowers girls in STEM. She joined Factora through 6 Figure Savings and felt so ready and excited about her finances that she joined the Wealth Circle immediately after. We go over what she’s learned along the way.
They cover:
- Her first money memory.
- The personal events that made her realize she needed a financial change.
- Why she decided to sign up for 6 Figure Savings.
- How she addressed her scarcity mindset and why identifying her values was the turning point for her.
- What made her excited to spend money on her own education.
- The exact changes she made after 6 Figure Savings.
- Her experience in the current Wealth Circle.
In this episode, you'll learn how Gail:
- Broke out of a negative money mindset that was holding her back.
- Collaborated with her new husband to radically transform their financial life and increase their net worth by 200k in 18 months.
- Increased her salary by 28% and her savings rate to 68% since taking her Wealth Circle.
- Stopped using a tax escrow for her mortgages and why this strategy is important to her.
- Acquired a turn-key cash-flowing investment property and is trying her hand as a property manager for the first time-ever.
Fernanda was born in Mexico City and came to the U.S. for college. She was steadily and successfully working her way up the corporate ladder—but realized she was upgrading her lifestyle as she went. She joined Factora making 6 figures, but was spending out of line with her values. Now, she’s a homeowner with a completely full emergency fund—and a fiance (and stepmom!) with combined finances.
They cover:
- Why “get your money together” feels so overwhelming as a to-do list item and what to do about it.
- The exact details of her first home purchase in Portland, Maine, using a jumbo loan.
- How that home purchase saves her $1,600 per month compared to her NY apartment.
- The credit card system that she and her fiance use to pay for their life and his kids’ expenses.
- How to deal with the “grey area” in combined finances—not everything’s black + white.
- How her childhood informed the way she sees money and power dynamics.
- The conclusion she made after watching her parents live an inflated lifestyle and stress about money.
Allegra (Founder & CEO of Factora) and Julia (Head of Brand at Factora) share their personal answers to the Mission to Millionaire Manifesto which you can download here: pages.factorawealth.com/millionaire-manifesto
They talk about how they stay motivated on the path to financial freedom (because it’s lifelong!) and share their personal answers to these questions:
- What does the word “millionaire” bring up for you?
- If you had a few million in the bank right now, what would you change in your personal life? Get specific.
- If you had a few million to give away, what would you do with it?
- What’s stopping you from becoming a millionaire?
- How many income streams do you have? (And they break down the different types of income that exists!)
Allegra (founder & CEO of Factora) and Jake (her partner in love and life) recently decided to combine their finances. So many women in the Factora community ask about joint finances, so after tweaking and testing, Allegra & Jake are sharing what’s worked for them and the system they’re building to fit their lifestyle.
They cover:
- Why they decided to conjoin finances now after years of being together.
- How they use Jake’s salary, Allegra’s salary, and rental income for different types of expenses.
- The details of the financial system they use with accounts & credit cards.
- How they “budget” together.
- Other areas of their finances that they optimized as a result of merging finances.
- How they strategically bought a car (and didn’t settle for anything less than what they wanted!).
- Why they decided to fully pay off Jake’s student loans instead of paying the minimum due.
- How they’re laser-focused on business entrepreneurship and real estate, and how that informs all of their financial decisions.
Stacey C. was a member of Wealth Circle #8. She had the financial fundamentals down, but didn’t have defined goals, wasn’t sure if her mix of savings and investments was right, and didn’t have a clear path forward. In the 4 short months since she’s graduated, she’s made some impressive changes—not just in her net worth, but in her financial strategy, mindset—even location!
We cover:
- How the Factora community inspired her to get more creative, even when she thought she was doing all the right things
- How she recently negotiated a 45% compensation increase for a job offer
- Why she moved out of NYC to Scottsdale, Arizona
- How she’s increased her net worth by $30K since Factora
- The details of her second investment property purchase and how she plans to do most of the work herself
- The uniquely creative financial system she developed for herself after Factora using annual, monthly & daily accounts
Kelly M. joined Wealth Circle #13 thinking she was pretty much fine in the finance department: she was maxing out her retirement accounts and she'd just gotten a raise—but she was still having a hard time saving money.
We cover:
- How she increased her net worth by $34K (in 5 months!) and hit the 6 figure net worth marker just last week.
- Why her grandpa’s credit card debt made such an impact on her at the ripe age of 12
- The money mantra that’s hanging in her living room.
- The details of her first property purchase, which she’s currently under contract for
- How she fully funded her emergency account with an extra $18K (again, in 5 months!).
- The business that she co-founded to help brides pivot wedding plans that were impacted by COVID-19!
Chloe joined Factora with an incredible story that shaped her money beliefs. She was earning 6 figures—but her only investments were into her 401k. After a Wealth Circle, she purchased her first property, renovated it, and turned it into a second income stream with rental income.
We cover:
- Her first money memory and how that affected her money beliefs.
- What it was like to read Rich Dad, Poor Dad and realize her dad was just like the “Poor dad.”
- How she got passionate about investing in real estate—and why she turned that passion into a blog!
- Her next moves as a real estate investor, and why women naturally make great investors.
- How she’s filling her emergency fund and saving for her next investment.
Allegra shares the power of paying yourself first and what that actually means for your bank accounts—and your future.
Download the free framework and follow along:
https://pages.factorawealth.com/cash-flow-framework
We’re bringing you a special miniseries that hones in on Team Factora’s savings successes after creating (and therefore doing) the Six Figure Savings coursework. We get down to the nitty gritty and cover exact emergency fund targets, which accounts we use, the automated systems we set up, our savings "WHYs", and so much more.
In Allegra’s episode, you’ll also hear about:
- The story behind her financial revolution and why she created Factora.
- How her priorities shifted once she moved out of New York and into Austin.
- Her audacious business goals for Factora's future.
- How much she pays herself as an entrepreneur, and how she combines finances with her partner.
- Her exact savings strategy and how it’s affected by her property.
- Why she’s interested in being a source of venture capital for women.
- The emotional reason behind her savings goals.
We’re bringing you a special miniseries that hones in on Team Factora’s savings successes after creating (and therefore doing) the Six Figure Savings coursework. We get down to the nitty gritty and cover exact emergency fund targets, which accounts we use, the automated systems we set up, our savings WHYs, and so much more.
In Whitney’s episode, you’ll also hear about:
- Why passive income is so important to financial freedom.
- How she combines remote work and travel (because it’s one of her values!)
- Her exact savings strategy post-Factora.
- How her savings has increased during quarantine.
- Why she puts effort into labeling each savings account as the goal it’s for.
- Her psychological tips for leaving savings where it belongs: in a HYS account.
- The "foolproof" savings automation system she uses.
We’re bringing you a special miniseries that hones in on Team Factora’s savings successes after creating (and therefore doing) the Six Figure Savings coursework. We get down to the nitty-gritty and cover exact emergency fund targets, which accounts we use, the automated systems we set up, our savings "WHYs", and so much more.
In Julia’s episode, you’ll also hear about:
- How she saved almost $20K in quarantine.
- Her creative house hacking strategy.
- Why she combined finances with a partner during a career change.
- The mindset shift that helped her see saving as sexy! And not boring.
- Why she hates the word “budget”—and what she says instead.
- How she calculated her emergency fund with flexibility in mind.
- Her next big audacious goals and her strategy to get there.
In this episode, we talk to Nikki T., Factora's new Head of Diversity and Inclusion. She's no stranger to this podcast (see episode #12), but this time, she and Allegra summarize Factora's first town hall about economic disparity in America, the aftermath of the George Floyd protests around the world, and what it means to pursue wealth as a woman of color.
We just announced our newest course: 6-Figure Savings, dedicated to help you nail step 1 of building Real Wealth: saving like a pro. Sign up to be the first to know when it launches (go to https://factorawealth.com/6figuresavings).
A few weeks ago, we hosted a Savings Challenge to see if we could save $50K as a community—and to see who could save the most individually. Claire blew us away by setting aside over $20K in one month. Obviously, we had to have her on the podcast to share her supersaver secrets.
We cover:
- How she saved 23k in 5 weeks and what she did with the cash.
- How she went from being a W2 income earner (and saving nothing) to saving around 70% with flexible income.
- The breakdown of her 6 income streams.
- How she changed her mindset from being a spender to a saver.
- The plan for her next investment—and why she’s got 65k saved for it.
- How she plans to pay off the rest of her student loans by the end of the year.
- Why she prefers to save up to pay off debt rather than pay as she goes.
- Why she cancelled her wedding—and how much she’s saving from it.
Emily was a director of a large team at a high-paying job in NYC. Since taking a Wealth Circle, she’s transitioned into an even higher-paying job, has completely moved out of New York City, and decided to travel the country before putting down roots—all while starting her own business.
We go over:
- Why she left NYC during COVID-19 and hasn’t looked back.
- How she’s currently saving 30% of her income.
- Balancing her natural tendencies as a people-pleaser with asking for what she wants.
- Her advice for negotiating salary and why it’s not a single conversation.
- The 2008 recession and how it affected her as a child in a commuter town.
- Why she felt unprepared to manage overspending, despite having had jobs since she was a teen.
- The details of her new coaching business that helps recent grads better navigate their careers.
- How she built an emergency fund to support her new venture.
- What it was like to become less and less interested in “nicer things” as she got more into personal finance.
Erin B. is a former marketer at Uber & Austin city-dweller who moved back to her hometown to cut down on expenses in order to lower her debt. Then she got laid off. Less than a year later, she’s happily earning less, saving more, getting creative with real estate investing & home renovations, and getting ready to start the nail salon/coffee bar of her dreams.
We cover:
- What it was like to grow up in a small town with her sights set on big city living and how that feeling has morphed.
- Growing up with financially-responsible parents and how that led to overindulging on credit cards.
- How she and her husband went from avoiding money-talk at all costs to slashing debt and getting creative with their investments.
- How she and her husband use her salary for living expenses and use his salary to payoff debt & invest in their dreams.
- How they were able to buy two houses with $0 cash down and already have thousands in equity built-in.
- Why they splurged on a nice car after having no car payments for several years.
- Her plans to build a hometown nail salon and why she values business as a path to "schedule freedom."
Jake G. is a former sales bro, recently turned data scientist. He also happens to be Allegra’s fiance—AND the reason she’s been able to focus 100% on starting a business for the last year. Combining cash and keeping plenty of it on hand has allowed them to build a company, a new career and a RE portfolio in less than 3 years.
ANNOUNCEMENT: We’re building a 6-figure Savings course available in June! Head to factorawealth.com and click on "6 Figure Savings" to learn more.
We cover:
- How Allegra & Jake met in 2017 and why they shared their financial situations with each other early.
- How Jake traded in his beloved 20k car to reduce his debt.
- Jake and Allegra’s plan to buy their first house—including an operation agreement that covered a hypothetical break-up.
- Why they put 10% down instead of 20% on their first house and what they did with the extra cash.
- How they put together a creative real estate investment partnership for their 2nd property and only spent 2k to acquire 50% of the property.
- Why they lived on Jake’s severance instead of touching their 40k emergency fund for almost a year.
- How they saved cash quick with rules like spending no more than $50 when they went out for dinner.
Amber L. is the founder and CEO of Charleston social media marketing firm Matchstick Social, which she runs from Oklahoma. She’s also Allegra’s best friend. Between founding her company and parenting two girls under the age of 4, Amber found time to take a Wealth Circle—which prompted her to start talking to her other friends about money too.
We cover:
- The money beliefs she inherited from her divorced parents.
- The mixed messages she received from her dad about financial generosity and control.
- Why meeting her husband helped her face money anxiety—and why they combined finances BEFORE they got married.
- How (and why) she became a remote CEO of her own company.
- How she found her dream house back in Charleston—and why she can’t move into it yet.
- The details of her first real estate investment (200k payout on a 50k investment) that has her hungry to do more.
We cover:
- What it was like to grow up in a household that never talked about money and in a community that spent whatever they made.
- The relationship that made her feel like she lost her financial dependence.
- How she got laser-focused on creating an emergency fund that’s her “walk away” money—and what “walk away” money means.
- How she keeps her savings invisible to herself to combat her “spend what you see” mentality.
- How she paid off consumer debt and started saving for a down payment in less than a year.
- Why she didn’t want to take a Factora Wealth Circle and what happened when she did.
- How she went from never sharing her numbers with anyone outside her family...to sharing on this podcast!
Abbie lives in Kansas City, MO and is the CEO of Paragraph Branding, a brand and web design studio. She got her start as a designer before taking the plunge and starting her own shop. After we hired her to design Factora’s branding and website, she decided to take a Factora Circle for herself and made some huge changes in her financial life.
We go over:
- The tipping point at her W-2 job that led her to create her own company and how she did so without much of a plan.
- How she survived the first 6 months of her business earning very little money.
- What she learned about the importance of savings in the process and how she built emergency savings for her business.
- Her near-term and long-term goals as a business owner.
- How she avoids lifestyle creep and keeps her expenses low.
- The system she uses to automate 20% of her earnings for savings with unstructured and seasonal pay schedules.
- How she’s grown in confidence about money in the past year.
- Her plan for becoming a real estate investor next year.
- The importance of finding a community to discuss money and why it is imperative for any woman’s future.
Notes:
- Why she moved cross country and got her dream job as a trash consultant.
- Transitioning from full-time work to contract role and why that was a better match for her life today.
- Inherited money values from both parents who worked multiple jobs.
- The financial and emotional struggle with not having enough in her emergency fund when she needed it most.
- How she has started digging herself out of debt.
- Buying her first home, the mortgage process, VA loans, and selecting a home they can afford and still save money every month.
- Ideas she has for starting her own side business and how she might go back to waste.
- How her and her fiance have different money philosophies and how tough financial times have strengthened their relationship.
- Why you need to give yourself more grace as you grow up in life and develop your financial plan.
We first interviewed Whitney A. for an in-person Coffee & Coin event back in January. She’s a product marketing pro, expert saver, and millionaire. Her original interview was so good, we made her re-record her story so everyone could listen.
We cover:
- The lessons she learned from her parents that helped her be financially responsible.
- How she avoided consumer debt.
- How a personal values exercise led her to trade money for more personal time.
- The exact # of months’ worth of expenses she carries in her emergency fund, and why.
- Her survival strategy through the 2008 financial collapse and how it impacted her long-term strategy.
- Why it’s hard to find a good financial adviser, and why it’s so important to decide your own investment strategy.
- Why she factors taxes into evaluating future investments.
- How she lives by the “Pay yourself first” rule, and why investments and savings are always top priority.
Hear Renee’s emotional and inspiring relationship with money—from growing up in a trailer park to managing a massive sales team and making 6 figures in her 20s. This episode was recorded live at the February edition of our Coffee and Coin event series at the Capital One Cafe in downtown Austin, TX.
We go over:
- Renee's first money memory growing up in a trailer park with deaf parents.
- How her scarcity mindset led to uninformed financial decisions.
- How she lived frugally to get out of debt.
- How she turned an early passion for computers into a lucrative sales career.
- Why burn-out at work contributed to lifestyle creep and lowered her savings.
- Why her decision to take a pay cut was the right one for her, financially and personally.
- How she started her side hustle as a photographer.
- Her current savings and investing strategy.
- The money lessons she learned from her grandmother and how role models can shape your financial life.
Taylor joined us in the first ever Wealth Circle, and since then, she’s bought a house, gotten engaged, and ramped her savings rate to 50%.
We cover:
- How she’s getting married—her way.
- Why being raised by a single dad impacted her values and trajectory.
- How she avoids the traditional trappings of “lifestyle creep” and consistently prioritizes her finances.
- Deciding whether to do a mortgage refinance would allow her to reallocate her cash.
- The steps she took to reach a 50% savings rate.
- How she and her fiancée organize their finances, and why joint checking accounts work well for them.
We turn the microphone around and get the juicy deets of Allegra's financial life.
We cover:
- Her exact investment strategy in each asset class (paper, real estate, biz).
- The real estate breakdown: how many houses she owns, how much she paid down, mortgage numbers, etc.
- Why she got into personal finance in the first place.
- How she prepared financially to start her own business.
- The early struggles of entrepreneurship.
- The magic of a female community.
- Her first money memory!
In this episode, you'll meet "soon-to-be-famous" Amanda who got married whileshe was taking the first Wealth Circle!
In this episode you'll hear about:
- Growing up in a family where money wasn't discussed.
- How she paid off student loans debt with record speed.
- How she negotiated an 88% raise... at the same company—in one year!
- Why she ended up overspending on her wedding, despite setting a budget.
- How she got into real estate investing.
- Why she talks to everyone and anyone who will listen about what she learned in Factora.
In this episode, you'll learn how Holli went from being stuck in a dead-end job to getting her dream job after finally quitting—without a backup plan. Which led to her realize it was time to leave a relationship she was done with too.
Learn more about how Holli:
- Learned her parents were broke when her dad got arrested for stealing cable.
- Put herself through college.
- Knew the basics (filled up her 401k, saved enough, bought a house, etc) but it wasn't until a Wealth Circle that she realized she could be doing so much more.
- How she set a goal of leaving her job by a certain date, and with the encouragement of her Wealth Circle, quit—even though she didn't have something lined up.
- Landed her dream job working from home with lots of opportunity for international travel (something she'd been craving).
- How change propelled her to make more positive change.
Julia loved her Wealth Circle experience so much, she stuck around to become our Head of Content! Since taking a Wealth Circle, she upped her savings rate from 0% to 80%...so tune in to hear:
- How Julia went from not even believing home ownership was possible to owning her first in less than a year.
- Her exact house hacking strategy so she'll eventually have zero housing expenses.
- Why she now embraces the freedom contracting can offer, versus being a W-2 employee.
- How she turned her passion for vintage shopping into a money making side hustle.
- Her favorite books & resources for people at the beginning of their financial journey.
After going to school to become a teacher, Steph quickly realized what she actually valued was freedom in her schedule. So she used her summers to buy and renovate properties until she had enough to "retire" at the age of 29.
As Austin's go-to real estate investor, you'll learn about:
- How she grew up on food stamps and took ownership of her financial journey from an early age.
- Which house hacking strategies are the best to offset mortgage costs and build equity.
- How she gets creative with financing her deals.
- Why she focuses on real estate over the stock market.
- Why indecision is the biggest factor stopping people from living their dreams, and what she does to push past it.
We open the first Coffee and Coin podcast with Factora Founder, Allegra, who interviews four women who took the first Factora Wealth Circle in 2018. Learn about how they've transformed their financial lives and mindsets (and became lifelong friends in the process).
We discuss:
- How they set their personal goals—and reached them—way sooner than they thought.
- Why money is one of the best tools to build the life we truly desire.
- How they grew confidence with investing and WHY it's so important to have a supportive community to hold them accountable.
- Why taking care of your finances is the best form of self-care.