HerMoney Classic: How Kyle Taylor Made Millions Saving Pennies

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.8 • 1.3K Ratings

🗓️ 6 December 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this inspiring throwback episode, we sit down with Kyle Taylor, founder of The Penny Hoarder, a personal finance blog turned multi-million-dollar media company. Kyle shares his journey from being $50,000 in debt to building a business he eventually sold for $100 million. We discuss how to identify and monetize side hustles, maintain financial accountability, and avoid burnout while growing a business. You may even come away ready to launch a business of your own! Takeaways: Creative side gigs can help you earn extra cash, including working as a beer auditor or a movie preview evaluator. "Financial Sunday" is a weekly check-in with your budget to help you stay on track and manage spending. Creating a financially transparent household can help your children understand that good financial habits require consistent effort. Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount. Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom at investingfixx.com. Have a question for us? Write to us at [email protected]. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney. The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You're listening to an Airwave Media podcast.
0:04.4	Are you on track for the retirement you want?
0:08.0	The end of the year is a great time to pause and review your progress towards your retirement goals.
0:14.6	Schedule a complementary retirement review with an Edelman Financial Engines wealth planner,
0:19.6	and they'll also give you a financial
0:21.4	plan made just for you. See if you're on track to meet your goals and what opportunities you
0:26.4	might be missing. To get started, go to plan eFE.com. This offer expires December 13th, so don't
0:34.5	miss out. Schedule yours today. According to Deloitte, shoppers are expected to spend
0:39.6	$1,700 on holiday gifting this year. That's a record high. It's also an 8% increase from last
0:48.5	year. But here's the good news. With Ibada, you can earn cash back to add some extra cushion to your holiday
0:56.3	budget. It's simple. Just add offers in the app, upload your receipt, and voila. The cash
1:01.9	back is yours and you can transfer it to your bank or PayPal or redeem it for gift cards. On
1:07.2	average, Ibada users earn $256 a year, which can go a long way toward making those holidays a little more magical.
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1:29.7	Her Money when you register.
1:31.5	Just go to the App Store or Google Play Store and download the free IBada app to start earning
1:37.2	cashback and use code Her Money.
1:40.5	That's I-B-O-T-A in the Google Player App Store. Use code Her Money.
1:50.6	Hey everyone, I'm Gene Chatsky. Thanks so much for joining me today on Her Money. So the episode
1:57.1	you're about to listen to was recorded a while back when I was living in New York,
2:03.0	recording our show out of a studio in Hell's Kitchen.
	...

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