I’m happy to have Ksenia Anske back on my blog! Today she is talking about her new services as a financial coach. Ksenia Anske is an author of many fantastic books. She’s a social media maven with over 41K followers on Twitter. https://twitter.com/kseniaanske She honestly cares about all of her followers. As you’ll read Ksenia has a lot of experience in the financial realm. She’s looking to help out creative people. I asked Ksenia to share some info about here services and she gave me a snippet of her newsletter to share with everyone here (don’t tell anyone else unless you really want to).
If you are new to my blog please know that I only post very specific services that I feel that may appeal to my readers. Ksenia does not work in insurance. She’s looking to coach creative people and help them make their dreams come true. Please let Ksenia know I sent you and don’t forget to sign up for her email!
First of all, a little distinction. I’m not a financial advisor, nor do I aim to be, nor do I want to be one. A financial advisor manages your money or at the very least provides you with very sound financial advice, generally focusing on implementing certain products and helping your with investing strategies.
I used to have a startup.
I raised money for it with investors.
I made sales every day and grew the business.
I needed more operational cash and I opened one credit card after another until I couldn’t open any more (total about 20, I think…maybe less, maybe more).
I paid everyone except myself.
It all went belly-up one day.
I went through a bankruptcy.
I was unemployed for a long time.
I cleaned up my act.
I created a strict budget for myself.
I started digging myself out.
I raised my rate from $3 per hour to $300 per hour in about a year.
I closed all credit cards and loan accounts except six (actively using only two).
I learned how to play the credit card game (I charge my two cards and pay them off every month, using my checking account as my Inbox).
I got my credit score up to 725 as of this writing (they just emailed me to tell me it went up again).
I learned to save.
I learned to invest, and am continuing to learn.
I started and am still in the beginning stages right now (establishing my HYS through Synchrony because I was stupid to open a Gap credit card years ago, but I stuck with it, and Synchrony offers 2.15% APY, and I chose them over Wealthfront with 2.32% APY to stick with the same bank and for better cash access in case of emergency (for now—will move as money grows) and Solo 401(k) and SEP IRA and VTSMX index fund through Vanguard because I’m a Boglehead and believe in simplicity and “staying the course”).
I’m debt free.
My net worth is laughably small, but it’ll grow.
I’ve done the same for my partner, using him as a guinea pig with his permission.
I’m doing the same with 2/3 of my clients right now (the rest I’m still coaching on writing).
I’ve reconnected with my financial advisors from my startup days, people with net worth in the seven figures, who are teaching me all they know.
I’m reading 2-3 books on investing a week (I read fast and a lot, and I’m very good at extracting and condensing useful information, so I do a lot of research for my clients to save them time).
I’m reading blogs and listening to podcasts to educate myself on the current state of investing.