Chelsea On Rebounding From Bad Credit, Earning Less Than Her Employees, & Buying Her First Home

The Financial Diet

TFD

Business

4.3 • 548 Ratings

🗓️ 24 July 2023

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Enjoy this interview Chelsea recently did with Maya Lau of Other People's Pockets! Once upon a time, Chelsea Fagan was a financial mess. She had a credit score of around 450, debt that went to collections, and so many unpaid traffic tickets that she got arrested. She whipped herself into financial shape by writing about her journey at The Financial Diet, where she’s co-founder and CEO. She explains why some of her employees earn more than she does and why you don’t have to grind to succeed. Follow Maya on Instagram Follow Maya on TikTok MORE FROM TFD Join our membership program, The Society at TFD on Patreon to get exclusive ad-free bonus content + access to tons of other perks like our members-only book club: https://www.patreon.com/FinancialDiet The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en

Transcript

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0:00.0	Hey guys, it's Chelsea, and I'm just jumping in to let you
0:03.0	know that this week's episode of the Financial Confessions
0:05.4	is actually a takeover from another podcast
0:08.0	that I recently did called Other People's Pockets
0:10.6	hosted by Maya Lau.
0:12.2	It's a deep dive interview that I did all about my own personal finances,
0:15.6	my own relationship with money, and all kinds of other really
0:18.5	juicy money stuff.
0:19.9	I hope you enjoy my interview with them, and we'll check out other episodes of other people's
0:23.7	pockets because I can personally tell you it is not only a really informative podcast,
0:28.2	it's also honestly juicy as hell.
0:30.6	The financial confessions will be back next week.
0:32.9	Enjoy my interview.
0:34.8	Hey, OPP listeners.
0:36.2	Are you someone making $50,000 a year or less? We would love to hear from you
0:41.9	and more about your money story. Leave us a voicemail at 323-540-4-255. That's 323-540-4-255. Or record a voice memo and send it to other people's pockets at gmail.com.
1:04.3	For a time, I had credit card debt that had gone to collections.
1:08.4	I had like a 450 credit score.
1:12.7	I was, you know, in all kinds of consumer debt. I had a suspended license and suspended registration from unpaid parking
1:18.4	and moving violations. I got arrested. Basically, every financial mistake a person can make.
1:23.1	I had made them.
1:28.4	Hey, everyone. We have a guest I'm very excited to bring on today because her bio hits on a few
	...

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