139. How To Sell Stock and Still Retire Early

[Music] Welcome to the Unicorn Millionaire Podcast, where we celebrate financial empowerment and pride all year long. I'm your host, Charlie Stover, a non-binary Latinx money coach who's traveled solo to over 34 countries while helping my first gen LGBTQIA+ and BIPOC community invest in the stock market and themselves. From my journey as a formerly undocumented Mexican-American to diving into the world of finance as a stockbroker, I've learned firsthand the importance of financial independence and how you can be anti-capitalist while investing. I said what I said. From my podcast, I share empowering stories and drop gems on gems. From how to be a Roth IRA freak to buying your first home. I started this podcast because I didn't see anybody like me talking about how to take advantage of capitalism. Whether you're tuning in for financial wisdom, wellness tips, or just to hear about my travels, I keep it real, fabulous, and magical. Subscribe to the Unicorn Millionaire Podcast and leave me a five star review. We're here. We're queer. And we're building wealth. Untoz, untoz y un des. Let's get into it. I wanted to talk to you about selling stock and the mental gymnastics that you go through and why you're scared of selling stock. And I'll look like the fear that I've noticed with my clients within our community of what it means to sell stock and my process for why and when I sell stock. So this week I decided to sell out of $5,000 of stock of VTI, which is a low cost index fund that tracks the stock market and it never goes viral because it does its job of tracking the stock market. And this was not an impulse last minute decision that I made. It was a decision that didn't come lightly because it does feel heavy. It does feel stressful to sell stock. I think because people have this idea that especially if you're decades away from retirement that you're not supposed to sell stock. You're just in the learning and the accumulation phase. But a lot of y'all already are investors. A lot of y'all already have stock. You just don't understand what stocks you're in and you don't understand how to leverage selling stock in the right accounts and you don't know which stock to sell if you have it. So that's what I'm going to talk about today in this podcast episode. First of all, I'll say that I only personally sell stock in my taxable brokerage individual accounts. So this is an account that a lot of people used to call Robinhood accounts. I don't feel like they're calling them that anymore. Thank God because it's wrong. They're not Robinhood accounts. They're taxable investing brokerage accounts. And these accounts I like to call them the side hoe. Because I'm a Roth freak. My clients are Roth freaks. I'm a Roth freak because I always prioritizing, maximizing my Roth IRA account. Every January, I'm maxing that account out on January 2nd. I put in half my savings. I put in $7,500 into my Roth IRA and I invested it immediately. Because this is how I know I'll be able to retire early as somebody who has never made more than 45K and have inconsistent income as a business owner. It is normal to have 20k months and then multiple zero dollar months. So I don't let having inconsistent income or not having a six figure salary stop me from maximizing the right accounts, the right investments. And doesn't stop me from knowing that I'm going to retire early. And for me, retiring early means being work optional. Like I would probably want to work forever. I just want to fly first class and have my own property and fall out sometimes and not have to worry about working if I don't want to. I mean, I'm 35 and I'm already feeling very work optional with a lot of time freedom. I go to Zumba classes with all the retired people. I go to Pilates on Tuesday just because I feel like it without having to ask for like a mental health day or PTO. So it's only going to go up hell from here. So yeah, I only sell stock in my taxable brokerage account. And I opened this stock in 2017. I remember getting started investing when I was like 26 or 27 living in DC. It was right after Trump got elected after I'd done the Peace Corps and I moved to DC to try getting a cushy government job because that's what you did after the Peace Corps. But it was the federal hiring freeze. And it was really hard for me to find a job, especially as a neurodivergent person who sucks at code switching and talking corporate. It's a whole other language and a lot of masking. You have to mask yourself to be in corporate. Hands down. You have to pretend to be somebody that you're not and that's not my vibe. So I would just take a lot of odd jobs here and there and very inconsistent income. And I started investing thanks to a financial advisor friend who sat me down in her office and showed me a chart of the stock market and she said, "Don't worry so much about how much money you're making. Just get started investing now because look at all the growth you're missing out on if you don't get started investing." And that moment changed my life forever and is the reason why I'm money coach today because it doesn't matter how much you make if you're not investing it correctly. If you're not giving every dollar direction. So she helped me open up my first Roth IRA account. She helped me open up my first broker account through a RoboAdvisor with Schwab which is basically an algorithm. It's a program that you tell it how old you are and how aggressive you want to be and then it picks stocks for you. Which was great for me at the time. I remember feeling so fancy and logging into my broker account when I was backpacking in Latin America for six months after being a tour guide in 2019 and I remember checking with Curiosity checking my investment accounts and I thought it was so cool and interesting how one day my investments could be up by $50 or the next day they would be down by $20 and not do anything. I was just an observing mode so I'm so happy that I did that and that's still a habit I used today of just checking my accounts and not doing anything about it but just observing from a place of curiosity because the more you invest the more drastic these stock market fluctuations are going to be. But that doesn't mean you have to do anything. Holding is a strategy as well. So that's when I came up with my broker account and then it grew a little bit over time here and there and in 2020 I remember working as a stock broker and I remember closing out of my RoboAdvisor account because when I worked as a stock broker I quickly learned that I could invest better myself and go from having 25 fancy looking funds and realizing that they were way too expensive in fees because you are paying fees for funds to invest in even if they're the all cost are still paying fees and that fee is the expense ratio which if you work with me in coaching I help you look at all the fees and compare all your funds and we decide together to sell out of them once you see over the long term that your stocks look like they're growing but they're really not compared to what they can do. So I remember calling Schwab which is where my RoboAdvisor was and saying I want to close these RoboAdvisors and invest as money myself in just a few funds because I can do it better myself and they were like yeah you're probably right. And I was which is why every single person who works with me we close out of their RoboAdvisors whether they're with betterment or with Schwab because they realize that these RoboAdvisors look fancy they want you to look like it's fancy with all their bells and whistles and they have you investing in 25 different index funds and bonds in international and emerging markets and it sounds so sexy and cool but then once we look together and compare every single stock line by line compared to what it should be doing you are quickly realizing these funds are costing you too much in fees and you're losing money in the long term because they're not growing like they should be so I had a client who sold out of $52,000 in shitty investments and moved to better investments that do their job and I found somebody who told me oh well my investments are doing great because they're growing by 20% and I'm like your money should be growing by 36% 40% my stocks say all that I did on Monday my money grew by 71% in six years so just because your money's growing by 20% does not mean it's growing enough you're probably still investing in the wrong things because your money should should be growing even more than that we can be satisfied with having our money grow more than in a high yield savings account but we can also want more for ourselves and that's what I help all my clients do going from okay to being great with our money and investments so that we collapse our timelines to retirement so that's what I did I shifted from closing out of the road advisor in 2020 to doing self-managed and 2020 I keep saying that that year because that's the year I pretty much stopped putting money into my brokerage account and at the time I had about $20,000 but I stopped putting money into that account because I realized that it was better for me to prioritize putting money into my Roth IRA because that money grows tax-free and I don't worry about taxes I just pay taxes in the year I put the money in and then it's going to compound and compound itself and that money is mine because I did the Roth version not that traditional pre-tax version that if you do that you're going to have to pay hundreds of thousands in taxes in the future because the IRS is going to come knocking at your door in your 70s and start forcing you to take out a certain amount of money a year and that's going to reduce your available retirement income and it's going to reduce the money that is available to people that inherit your money as well and I don't want to reduce my taxable income in retirement I'm trying to fry first class a retirement and ball out and treat myself and not do anything I don't want to do as soon as possible so that's why I shifted from putting money into my brokerage account to shifting to put money in my Roth IRA and putting 50% of my $45,000 paycheck in my Roth 401k which is wild and every day I thank God I did that because I knew that I was not going to last long at that job I was like I'm here for a good time not a long time and every day I thank God I decided to put half my paycheck into my Roth 401k I was working overtime I was meal prepping I was still dog sitting on the side notice how I don't depend on a source of income ever and I'm so happy I don't because there's nothing more stressful especially in this economy than depending on one job one source of income one partner one country having options is extremely liberating for you so yeah I'm so happy I did that because when I quit my job I had 30k in my 401k and now I look at that account and it's almost doubled it's it's invested and I know exactly what it's investing in and it is investing in the most low cost funds that track the stock market or even help perform the stock market because I understand exactly what I'm investing in and that account has like 50,000 dollars or so in it and that's just the growth in the past six years or so which is wild it's going to compound itself and grow itself even more so I haven't invested in my brokerage account I haven't put money in there but it's grown still it's grown by like 29% or so and it's grown a little bit because I've also made mistakes I've invested in funds I had no business investing in back in my day trading days when I'd make a couple hundred bucks here there but I also have to pay more in taxes on the day trading on the short term trades than in the long term trades but throughout the time I've seen my taxable brokerage account as that side hoe that is kind of growing in addition to my retirement accounts on the side and throughout the years I've chipped away I've sold a little bit of stock but most of it has stayed there so that it keeps growing and growing itself right it's like an apple tree where you pick the apples but you don't like decimate the tree and destroy it you pick the apples and water it and let it grow because you want the tree to keep producing apples throughout the years and you take care of it that's how I treat my taxable brokerage account in 2021 I remember selling out of $3,000 a Tesla stock as a grad student I was chilling on the beaches of fly that I got him in I was getting my free MBA thank god it was free don't have student debt to pay for that program because it didn't end up helping me at all with starting a business if you want to start a business do not get an MBA you can hire me I will tell you how to start a business I sold $3,000 a Tesla stock because I didn't want to drain my savings it's all good to get rid of Elon Musk's stock as well so I was like win win win let me sell this stock and not pay anything in taxes because I was in such a low tax bracket as a grad student and I'm a double citizen so I wasn't paying a lot to live in Mexico and play the carman right it was like 300 bucks a month and I had roommate so I was still maximizing everything but I sold this stock and paid my coach cat $3,000 and then I showed up I did the coaching while I was in my MBA program I was doing IG lives and posting on socials and making offers and then because I did the work I ended up making $7,500 in a month by going from just selling one hour calls with people to a coaching package my first coaching package was $1,500 or three months and so that's when I realized wow I'm so happy that I sold this stock to invest in my business and make money in a more aligned way than just getting a night-of-five job I hate or doing the day trading on the side which didn't let me up. Yeah I was quick easy money but I cared more I was always starting that level of wealth building of caring more about the source of my income and feeling aligned with the money that I made which is huge that is a sign you know that you're leveling up in your wealth building when you start caring about the sources of income rather than just trying to make money to survive which is how I was raised like just make money some way somehow you can hit your job but be grateful you have a job and don't ask for a raise I'm so glad I decided to unlearn that I want my money to grow itself in my sleep and I want to get paid more and do less work and rest and still take weeks of vacation time off my business which is something I'm finally starting to do now five years into running my business so that's the first example of me selling stock was when I sold the three K and stock to pay for business coaching and making my investment and doubling it immediately just in a different way instead of investing in the stock market I invested in myself as a socially conscious fund and so I was trying to fixate on trying to find the right socially conscious fund I saw myself as the socially conscious fund and hired a Latina business coach so that I could help other marginalized queer trans by-pop folks to level up their money so they're no longer feeling like capitalism is at their throat but they're taking charge of their money because not taking charge of your money just leads you more vulnerable to capitalism capitalism wants you to thank your anti-capitalist for not investing capitalism wants you to avoid your money so that you end up getting more credit card and avoiding your debt and so that lines the pockets of lenders every single day and I love doing opposite of what capitalism wants so yeah that was my first big stock sale and I realized that yeah it was okay this was a good investment decision and I was still letting the rest of my money sit there and grow it's not like I was wiping out that entire account I wasn't dipping into my retirement savings and paying penalties for early withdrawals it was very strategic because I understood which account to pull money from and I wasn't selling out of panic I was selling and made a gain from that stock so I sell when the stock market is doing well or when at least that stock has grown I never sell because the stock market is tanking if anything that's when you buy and when everybody's losing it that's when you buy more or just hold so I usually do I just hold because I know that in a week or two or in a few months that stock market is going to rebound after a crash so that's an example another example of when I sold stock was in 2023 when I was living for a summer in LA and I didn't want to pull from my cash because I'm an aggressive investor in order to make up for all the lost time I haven't been investing and haven't had a six-figure job I do keep less in cash than most people in my emergency fund I always keep less than 20k I have more than 20k I'm investing the rest but I was living in LA and I wanted to see Carol G and go to her concert and I didn't want to pull from my cash savings so I decided to sell some VTI I sold some stock I was like $300 and I went to see Carol G it doesn't have to always be like sell stock to invest in yourself it can just be a sell stock to shake your ass because you don't want to pull from your cash and it was worth every penny I got to see my wife Carol G in concert in Pasadena yeah I don't feel mad or sad that I had a sell stock to see her yeah I could have been like oh but I should have pulled from my cash or what if I just waited but I have to tell myself the point of buying stock is to sell it whether it's in a year or in 50 years what matters is you do it with intention and know the right account to sell the stock from and how to do it paying minimal taxes so every time I've sold stock I always sell stock that has been sitting in my taxable brokerage account for a year or more and I know that it has been all the stock I have pretty much outside of the dividends that get paid out every three months and are reinvested most of my stock is long term because I have not invested in new funds since 2020 but it's still growing itself at a rate much higher than it would if it were just sitting in a high-yield savings account it's also volatile which is something to keep in mind like I don't see it as a high-yield savings account that's very consistent a high-yield savings account is making a little less than 4% right now but it's never doing more than that so it's stable but that's why I invest more money in my taxable brokerage account because the gains in the long-term are much higher like five six seven times higher than they would be if I were to keep that money sitting in a high-yield savings account so that was that was the last time I remember selling stock I think I sold a thousand dollars in stock last year to pay for taxes that I owed and that worked well and then this year I decided to add to my cash threshold because I had about seven K and cash there and I was realizing that I was stressing more about cash that I normally did which was assigned for me to pull the lever and sell out of five K and stock it was also due to the fact that this has been a very volatile week because the USA and Israel decided about fucking bomb Iran after invading Venezuela and toppling that leader and kidnapping Maduro and his wife like from their bed I think and I'm still wondering okay what's going on with Maduro where is he what's the verdict is he going home like and I get that it's a new much conversation you can celebrate that these dictators are being toppled while also being angry that the US keeps meddling in other people's affairs but this is a Republican regime and Republican regimes are usually even more imperialistic than the democratic regimes too because they have to distract people from the Epstein files and and everything like that and we're just power hungry for oil just like we were in 2008 like the history keeps repeating itself and until we decide as a collective to elect people that don't do this it's going to continue happening but we can't be waiting for a leader to save us we just have to understand how this stuff works and call it out but also take control of our own finances and how we respond to these things because none of us want this so all I got was like oh yeah I'm going to vote for Kamala so that we can actually invade Iran in other countries no but it's happening and so this past weekend I saw the news that we decided to bomb Iran and I thought this is so messed up that we are imperialistic and invading these countries while we have a cost of living crisis at home that mayors like so Ron Mamdani are finally addressing and offering free child care and paying people to shovel snow and actually using taxpayer dollars for the people know our president has to fuck up other countries and it's fucked up as that is I realized this is going to lead to stock market volatility like you can have compassion and hate the regime while also thinking about how this is going to affect you you're not a bad person for thinking about your finances it's natural because when world events happen that affects your money especially if you're investing so you're not a bad person for wondering how your investment accounts are doing a burning your head in the sand is not going to help you anymore so I just want to understand how global events affect your 401k and your investments how all of these things have to do with each other because if the stock market crashes because of things like this or volatility or tariffs if you just stick your head in the sand and avoid things even more you're going to be more terrorized which is what this regime wants they don't want you to understand your money if they don't want to know how government acts affect your money but once you do it is empowering so you can call it out for what it is and see the big picture so we went and invaded Ron and killed people and I thought over the weekend okay on Monday the stock market is going to be really volatile and I've been wanting to sell stock for weeks anyway to add to my cash flow just to protect my mental health yes I'm an aggressive investor but I also want to feel some peace of mind with the stock market volatility so on Monday I checked the stock market and I was honestly shocked that the stock market was not more volatile on Monday things were pretty steady and I saw that one of the stocks I wanted to sell VTI was opened at $339 and I thought this isn't that bad with everything going on right now it's probably going to go down more so let me just get out while I can it's close to its all-time highs ever and I've been been investing for years like this is stock that haven't touched for years and I said I'm probably going to owe about 5k in taxes soon anyway so let me just sell out of $5,000 of stock and I did it in two seconds it was wild how quickly I decided to sell the stock as somebody who checks their net worth every day but I don't do anything about it so it hit different for me to go from just checking that my net worth because my net worth is reflective of the stock market since I invest so aggressively but this time I did something about it and I went in and I made sure that the tax settings were set to 5o first in first out so that I don't pay any taxes as a person in low-income tax bracket when I saw stock that is the first that was in and first to be out that makes sure that I'm selling the long-term stock so I'm paying long-term capital gains and I pay myself less than 45k so I'm into the long-term capital gains tax bracket which is zero in a taxable account if I were to buy and sell stock in a day I'd be paying short-term capital gains taxes which is probably like 15% or something which is not a lot but why would I do that when I can pay zero in taxes especially to this regime hello so yeah I did that and there was a lot of mental gymnastics and self-coaching I had to go ahead to coach my mindset which is something I help all my clients do because it's never just about clicking buttons on the money 99% of money decisions involves mindset and inner child healing and being intentional this wasn't an impulse decision as I'm telling you this it's not like I woke up and saw the news about Iran and was panic selling oh let me just sell 5k because I'm terrified that my stocks are going to tank and I'll never be able to retire no this was something that I've been watching every day since I check my nut worth every day and I've been noticing how well this stock has been doing for years now and I was like well I'm not selling out of a loss let me just get out while I can now and the next day the stock fell by like eight dollars but eight dollars is a lot when you have dozens of shares like I sold out of 35 shares of this stock so I did that and then I had to remind myself when I did sell out of the stock on Monday how much did it grow because we can be very hard on ourselves as overachievers as kids who weren't loved by our parents in the ways we deserve to be loved as always feeling we had to do better to make up for being immigrants or being queer there's a lot of compensation you feel like you have to do as a marginalized person that says that white men don't feel like they have to do so I was like okay how did I end up winning in this so I checked my cost basis which is the fancy white man word for the price you paid for the stock and in 2021 I ended up paying like 190 bucks or something like that and in total what I'm trying to say is that yeah I sold out of five thousand dollars of stock but I bought that stock for way less years ago and it wasn't that long ago like it was like six years ago but my stock grew by 71 percent it went from about three thousand dollars the price I paid for it to five thousand dollars without me touching it or doing anything just because I knew to invest in the right funds and I'm also not going to pay taxes on the sale because of my tax bracket and because I did the five oh first and first out only long term stock so I that was a big aha moment for me to be like yes this was a good decision my money grew by 71 percent you can't get those kinds of gains in a high yield savings account is paying you 4 percent and most people don't even have a high yield savings they have crappy checking accounts or the platinum savings accounts and they're doing a checking account rodeo with three different savings and checking accounts just because they think it's what they should do even though it's paying point 0.01 is paying point point one pennies and interest instead of having their money parked in a high yield savings account so yeah over the long term your investments can grow a lot and I don't talk about this enough I don't I don't like to say yeah your investments are going to grow by 71 percent in a year because it's unpredictable in the short term and investing isn't a get rich quick scheme but it's a get rich quick job that pays you for doing nothing in the long term which is why I love investing so having your eye on prize on the long term has been a game changer for me and I think selling my stock was a big reminder of that I also had to remind myself that this is the point of investing sometimes you feel guilty for dipping into your emergency fund for an emergency like if you get a cavity and have to use your money or your HSA money for medical care of course you're going to feel guilty and bad for it but then you have to reframe it and be like this is the purpose of this money I think we lose sight of it when we don't give our money our purpose and we just expect it to be invested and grow itself but once you have goals and allow yourself to let go of the money and use it for yourself I had to tell myself no I need to allow myself to receive this money that I've planted and grown strategically in the right places for years now and I think seeing the 71 percent gain in six years was just the cherry on top of how my my money almost doubled itself just because I knew what I was doing and because I was consistent and I wasn't blowing all my money on margaritas or buying a car to show off my money no I'm pretty minimalistic I live out of a suitcase and I haven't paid rent in two years so that I can do this so that I can max out my Roth IRA so that I don't have to worry about getting evicted because I can't afford to pay the rent and I can still get weekly massages I'm not deprived but these are the results of being so intentional with your money and being consistent with your investments and your money that I want to share with you the process because I have a lot of clients who feel scared of selling stocks they make it mean something about them but it's not about you you just need to see it neutrally and to coach yourself just what I help you do if you work with me I do a lot of mindset coaching with you because it's not just about the clicking buttons there's so much mental healing that goes on that you wouldn't think has to go on but it does is I'm telling you the whole thought process of selling five thousand dollars this stock what that looks like and the intentionality behind it so when I sold the stock on Monday it took a day to settle it takes the day for the proceeds of the stock sale to settle and actually conferred to cash so Tuesday happened and I took that five thousand dollars and immediately transferred it to my high-yield savings account so that it starts earning that roughly four percent in interest that's how intentional I am with every dollar I have and that's a habit I have that helped my clients with because if that 5k were to just sit in my brokerage account it'd be rotting there losing value to inflation because these investing accounts are crap in terms of paying out interest they don't have good rent interest rates at all too so that's something that I wanted to share with you the intentionality and what it actually looks like to sell out of stock in the right account the amount I chose why why stock market volatility and fluctuations played a part in the long and the grand scheme of things but it wasn't the only factor it was one of the many factors I considered for weeks because I'm intentional with my money and doing this is what's helping me get on track to retire nearly it's the reason I've built a six-figure retirement without ever having made a six-figure salary and that's something I help all my clients do so you're not a bad person or selling stock it just helps you a lot because you piece of mind to do it intentionally and actually knowing what you're doing and if you've made mistakes that's fine I've made $5,000 mistakes I bought and sold stock where I had a $5,000 loss but I'm like even when I've lost I was still winning because I had a tax write-off I could carry across two different years so we all make mistakes don't let that stock you but if you're scared of investing if you're nervous about selling stock if you log into your account and you do not understand why you're investing in what if you can't say oh I've decided to buy this stock instead of that one because it grows X amount more and have less and fees then you need to change out of your investments because you're losing money over time and like I've said just because your accounts look like they're growing by 20% doesn't mean they're growing enough your money can be growing by 36% 40% or in this case 71% in just a few years too as long as you focus on long-term and leveraging the right accounts and the timing also these are all different factors selling stock without knowing what you're doing is scary AF because you feel like you can fuck it up and you can like as a stock broker I've seen way too many people fuck things up and delay their retirement by decades just because they didn't understand the implications of selling stock it's not just about selling it there's other factors that can either accelerate your retirement or delaying it so if you're scared of fucking it up and you know you want help with investing I invite you to join my six month money coaching program it's a one-on-one program that's tailored to you and your goals and your needs I'll help you crush yet if you have debt come up with a debt payoff plan whether you have high interest credit card debt student loan debt will come up with a plan and monthly payments depending on your different interest rates and your balances and we look at all these things together and I hold your hand through all of it I also help you if you haven't yet opened a high-yield savings account close those crappy checking and savings accounts and consolidate everything and move it into one or two high-yield savings that will actually help you go for making pennies and interest to hundreds or thousands a month an interest in passive income while you decide how much extra to invest and if you don't have extra we need to look at your investment accounts if you have any that are already open because chances are you're investing in the wrong things that aren't growing like they should too so that's how you can make money with your investments without having to add any more money to them that's one of the first steps is making sure you're optimizing the investments you already have in your current employer 401k or the IRA you've opened but didn't understand what you were investing in within that I help you look at all of these things and switch out of the crappy investments that are charging you too much in hidden fees that you don't even know you're paying and we zoom out and help you understand that if you keep investing in this you're gonna have to work for 10 more years because your investments aren't growing when we could just go in and swap investments so that your money can grow itself while you focus on your debt payoff or optimizing maximizing your other retirement accounts so those those are all things that help you too we go in order of cash optimizing that high-yield savings and opening credit cards boosting your credits you can make passive income because in this economy we just need to get in cash in the door right now in the easiest way possible also boosting your credit score now instead of waiting until the last minute until you realize that you qualify for a mortgage or a loan but you're like dang I would have paid thousands in interest less if I boost your credit score now is the time to boost your credit score with credit cards and get free money to boost your credit score it's a win-win and then I'll help you optimize what you're investing in already and also help you become a Roth Freak and if you have traditional pre-tax money I help you with converting that money into Roth so that your investments grow and grow and they stay yours so you're not forced to take out money if you're doing traditional pre-tax investments I hope you do all these things so coaching lasts for six months you get daily messaging support access to me throughout so you don't have to wait in between calls to ask me any of your investing questions and you get weekly buy weekly access to calls over Zoom or we do Zoom screen share and we look at all your accounts together and come up with a plan after each call if you do a bull homework not everything all at once because it's a lot that's why coaching is six months I hold your hand but we go step by step and focus on one thing at a time go from cash to credit to investing little by little so you get all of these things done and if you're a business owner I also help you scale your business and separate business and personal finances and opening up business credit cards and business savings accounts to compartmentalize and separate because way to many business owners or homingling and their finances are messy and they're not saving for retirement when but when you're a business owner you have to be even more on top of your retirement accounts and understanding investing when you no longer have that sweet employer match or pension when your retirement savings up to you as a business owner so I work with clients who have nine to five jobs I work with clients who are full-time business owners I work with clients who are a mix of both okay so an income level doesn't matter I've had clients who make 45k and I've had clients who make almost 300k it's all about the habits that we build together and how you treat and view your money and the mindset around that so that you can say for a six-figure retirement all right y'all I hope you've loved this episode feel free to share it and share on your Instagram stories and tag me so I can see who's listening and leave me a review on Spotify five stars or for your own Apple please leave me a written review it helps more people get exposed to the podcast and leave me a comment too on the episode so I can see what you think all right y'all if you want to work with me you can book a call they'll link in the show notes and I'll talk to you soon all right bye thank you so much for listening and dropping into today's episode if you want to connect with me and work one-on-one on your money goals I invite you to book a call to learn more about how I can help you with my money coaching program I work with folks one-on-one long-term so that you can torque your way to early retirement I also want to invite you if you haven't yet to join my unicorn millionaire newsletter I love dropping money gems through my newsletter right here in box and I share my latest updates and invites to my free personal finance classes what is better than that and getting them from an envy who is queer and can't stop won't stop talking about that Roth IRA freak life so get that juicy goodness at the link in the show notes and don't forget to 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