meta_pixel
Tapesearch Logo
Log in
The Clever Girls Know Podcast

356: From $30k Debt To A $250k+ Net Worth: Nicole’s Journey To Wealth On A $56k Salary

The Clever Girls Know Podcast

Bola Sokunbi

Education, Business, Entrepreneurship, Self-improvement, How To

4.8 • 898 Ratings

🗓️ 4 February 2025

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of the Clever Girls Know Podcast, Nicole Stanley shares how she went from paying off her $30,000 debt to building a network of $250,000 on a $56,000 salary!

Nicole is owner and head money coach at Arise Financial Coaching. Her mission? Shame-free, accessible financial education that empowers women.

As a Latina entrepreneur and personal finance expert, Nicole paid off significant debt and grew her family’s net worth through investing, sparking her passion for helping women build wealth and transform their communities.

Arise Financial Coaching has helped hundreds of women and couples get out of debt, save, and become confident with their money. Nicole and her work have been featured on Good Morning America, Business Insider, Time, ABC News, and more.

 

WHAT NICOLE  DISCUSSED:

  • Her financial situation before beginning her transformation.
  • The turning point that motivated her to take control of her finances.
  • Approaching significant debt repayment while living on an average salary.
  • Her first steps into investing and overcoming fears or uncertainties about it.
  • Strategies used to grow her net worth beyond debt repayment and into wealth-building.
  • How her cultural background as a Latina entrepreneur influenced her approach to money and wealth-building.
  • The role of budgeting and financial discipline in her journey and how she made it sustainable over time.
  • Specific steps she recommends for women starting from a similar financial position to build wealth.

AND SO MUCH MORE

 

HOW TO KEEP UP WITH NICOLE:

 

❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books

❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: clevergirlfinance.com/course-packages/

❤ Read the Clever Girl Finance Blog: clevergirlfinance.com/blog

❤ Follow us on Instagram: instagram.com/clevergirlfinance

Transcript

Click on a timestamp to play from that location

0:00.0

and living. I'd love for you to subscribe to this podcast, and you can do that everywhere you

0:05.0

listen to your podcast episodes. And if you love what you listen to, head on over to iTunes and

0:10.2

leave a review so that other amazing women, just like you, can find this podcast as well.

0:15.9

I'd also love for you to stop by Clevergirlfinance.com. We have new content on the blog multiple times a week.

0:23.5

We have over 30 plus free courses.

0:26.3

Plus, when you sign up for a course, you can talk to a Clever Girl Finance mentor for free

0:30.7

to get encouragement, motivation, or if you just want to have an open, no shame, no judgment,

0:38.2

girl talk.

0:41.2

Finally, check out our YouTube channel.

0:44.5

Just search Clever Girl Finance on YouTube.

0:50.4

And if you don't already follow us on Instagram, you can find us at Clever Girl Finance.

0:53.6

Okay, so let's get into today's episode. Hi, Nicole. Hey, how's it going? How are you doing?

1:00.3

I'm doing great. I'm so excited to be chatting with you today. Well, welcome to the Clever Girls in the

1:05.3

podcast. I'm excited to have you here. And you are going to be sharing how you went from $30,000 in debt to a $250,000 net worth

1:15.9

while only earning a $56,000 salary. I cannot wait to hear this. I love journeys like this because

1:23.1

they are very inspirational. And so before we dive in, Nicole, please tell everyone who you are and what you

1:29.5

do. Yeah. So my name is Nicole Stanley. I am the founder and head financial coach at Arise

1:36.1

financial coaching. And I started this company in the year 2020 because after suffering with a lot of

1:43.5

financial anxiety, feeling stressed because we were,

1:46.8

you know, we had debt and all of that. Once I got my finances in order, I noticed that it really

1:51.8

trickled into so many other places in my life. So before I knew financial coaching was a thing,

1:57.3

I started coaching people for free until the year 2020 when I started doing this full

...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bola Sokunbi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bola Sokunbi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.