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Side Hustle School

#779 - Piggy Bank Disaster Turns Millennial Into Money Master

Side Hustle School

Chris Guillebeau

Business, Side Hustle, Entrepreneurship,, Careers, Entrepreneurship, Small Business

4.73.3K Ratings

🗓️ 18 February 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

A British millennial keeps her savings in an old-fashioned piggy bank … until it’s stolen! Upon recovering from the loss, she invents an all new career.

Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are.  

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to a brand new week. So glad you're here at SIDOSX School listeners, friends, community.

0:14.3

Now our team was really excited about today's story. We've got good stories coming out all week,

0:18.8

but today's in particular, we tried out several different headlines for it. We tried the case

0:24.1

of the stolen piggy bank. That was my favorite at least at first. And then we had stolen piggy bank

0:29.0

inspires career in new journalism. Also good. But in the end, we went with piggy bank disaster,

0:34.7

turns millennial into money master. That was the clear winner. I can't take credit for it myself.

0:39.7

Thanks so much to Mike for giving us that one. And that is exactly what the story is about. A

0:44.4

British millennial keeps her savings in an old-fashioned piggy bank. Something goes very wrong,

0:49.6

done, done, done. And in recovering from that situation, she invents an all-new career.

0:55.1

Pretty cool way to start out the week. I think you're going to like it. Here is the shout out to

0:58.3

our sponsor. I appreciate them giving us some piggy banks. And then on with the show.

1:28.3

Skybett Pride Drop. Skybett for UK's number one betting app.

1:59.2

Iona Bain was in her early 20s, working as a music teacher, scrimping and saving every penny she could.

2:16.6

There was no real organization to her finances. No credit card or even a proper bank account.

2:21.2

She wasn't your typical millennial. Half of them have zero savings, but she wasn't far off.

2:26.3

In fact, Iona was trying to do whatever she could to avoid that trap. But she made one critical mistake.

2:33.0

That mistake wasn't spending too much on clothes. It wasn't partying every week.

2:37.2

Herse was an error of a more unusual kind. Instead of using a bank account,

2:41.8

she kept all the money made from music lessons in a good old-fashioned piggy bank.

2:46.2

The money was piling up. That little piggy bank was full to the brim of sweet cash.

2:50.6

But little did she know disaster was about to strike. Iona would have her own global financial

2:55.4

crisis. Although it was no laughing matter, what transpired feels like it was pulled straight from

...

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