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So Money with Farnoosh Torabi

520: Kyle Taylor, Creator of ThePennyHoarder.com

So Money with Farnoosh Torabi

Farnoosh Torabi

Business, Entrepreneurship

4.72K Ratings

🗓️ 11 January 2017

⏱️ 38 minutes

🧾️ Download transcript

Summary

Our guest today went from $50,000 in debt and blogging about it ...to ,in just six short years, earning $20 million in revenue with said blog that has become a full-fledged media company.

And many of you, I'm willing to bet, are familiar with the website since it has over five million subscribers: ThePennyHoarder.com.

Our guest today is the founder and CEO Kyle Taylor.

Back in 2010 Kyle was saddled with massive student loan and credit card debt. He began blogging about his adventures of becoming debt free, making and saving money which led to the launch of the website. And under his leadership, the blog has grown from something that was mainly personal to one of the largest publications on the web with millions of readers a month.

More about Kyle...  He was recently named on Business Observer's 40 Under 40 list. And fun fact: In his past life he spent about 6 years working in politics, on a campaign trail in charge of crafting media strategy, raising money and directing field workers. Makes sense why he's now able to be a CEO, right?

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Transcript

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0:00.0

So Money episode 520, Kyle Taylor, creator of the Pennyhoorder.

0:06.5

You're listening to So Money, with award-winning Money Guru Farno Shkorabi.

0:12.4

Each day, get 30-minute dose of

0:14.7

financial inspiration from the world's top business minds, authors, influencers,

0:19.2

and from Farnuish herself. Looking for ways to save on gas or double your double

0:25.0

coupons? Sorry, you're in the wrong place. Seeking profound ways to live a

0:29.5

richer, happier life. Welcome to So Money.

0:35.0

Welcome back to So Money.

0:38.0

I'm your host for Nuz Tarabi.

0:40.0

Thanks for joining me.

0:41.0

I'm excited for our guest today. He has an incredible financial

0:44.2

journey. He went from $50,000 in debt and blogging about it to in just six

0:50.4

short years earning $20 million in revenue with said blog. It's now become a

0:55.9

full-fledged media company. Many of you I'm willing to bet are familiar with the

0:59.8

website since it has over 5 million subscribers. It's called PennyHorder.com and

1:06.3

Kyle Taylor is here he's the founder and CEO of PennyHorder. Back in 2010

1:12.3

Kyle was saddled with massive student loan and credit card debt. So like some people, he began

1:17.6

blogging about his adventures to becoming debt-free, making and saving money, and it led to the launch of the website and now under his

1:24.7

leadership it's grown from something that was mainly personal to one of the largest publications

1:29.5

on the web with millions of readers a month.

1:33.0

A little bit more about Kyle.

1:35.0

He was recently named on Business Observers 40 under 40 list.

...

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