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Ep. 198 — How Tiffany Made Her First $1 Million as The Budgetnista

Ep. 198 — How Tiffany Made Her First $1 Million as The Budgetnista

FromBrown Ambition


Ep. 198 — How Tiffany Made Her First $1 Million as The Budgetnista

FromBrown Ambition

ratings:
Length:
71 minutes
Released:
Dec 4, 2019
Format:
Podcast episode

Description

On today's show, Tiffany opens up about the revenue streams that make up The Budgetnista's seven-figure business. How does an influencer really make money anyway?
At this point, The Budgetnista's origin story is pretty legendary. When Tiffany lost her job after the 2008 recession, she started The Budgetnista, a financial coaching business, while living on her sister's couch and piecing her own financial life back together.
Through word-of-mouth she got new clients looking for help getting their budgets on track but there was just one problem — she often felt too guilty to charge them money for her services, knowing they were already struggling financially.
"I wanted to help as many people as possible without being a financial burden on them," she says on today's episode.
Starting a business without wanting to charge fees wasn't exactly the most obvious business choice, but she was determined to find a way to make it work. 
A decade later, The Budgetnista is now a multi-seven-figure business, despite Tiffany's mission to continue giving value away to her community for free and to never to charge the people who need help the most more than they can afford.
"I took the long meandering route to entrepreneurship and I took the route of building trust, building community and the truth is now 10 years in ... It still blows me away [that I've been successful.]" 
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Released:
Dec 4, 2019
Format:
Podcast episode

Titles in the series (100)

Brown Ambition is a weekly podcast about juggling life, career, and building wealth on your own terms. Your hosts are Mandi Woodruff, executive editor of MagnifyMoney.com and former personal finance reporter for Yahoo Finance, and Tiffany "The Budgetnista" Aliche, an award-winning financial educator and best-selling author of "The One-Week Budget."