HerMoney Classic: How Kyle Taylor Made Millions Saving Pennies

HerMoney with Jean Chatzky

In this inspiring throwback episode, we sit down with Kyle Taylor, founder of The Penny Hoarder, a personal finance blog turned multi-million-dollar media company. Kyle shares his journey from being $50,000 in debt to building a business he eventually sold for $100 million.

We discuss how to identify and monetize side hustles, maintain financial accountability, and avoid burnout while growing a business. You may even come away ready to launch a business of your own!

Takeaways:

• Creative side gigs can help you earn extra cash, including working as a beer auditor or a movie preview evaluator.
• "Financial Sunday" is a weekly check-in with your budget to help you stay on track and manage spending.
• Creating a financially transparent household can help your children understand that good financial habits require consistent effort.

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount. Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom at investingfixx.com.

Have a question for us? Write to us at [email protected]. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe!

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The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

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