Kayla Sloan

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After an early divorce set Kayla Sloan on an emotional spending binge and into debt, she discovered she could help herself, by working behind the scenes helping a growing market of entrepreneurs- and then becoming one herself.  

In Kayla’s money story you will learn:

-How her marriage, at age 19, had on her financial behavior

-The way Kayla’s desire to spend, contrasted with her husband’s push to save money, and the conflicts that resulted from those differences. 

-Kayla’s emotional spending after the marriage ended after less than a year

-How Kayla managed the cash flow challenges once she was divorced

-The moment she realized she had hit rock bottom, with $10,000 in credit card debt and just $3 in her banking account

-How her total debt moved into six figures by age 21

-The solution she found, that has morphed into a successful entrepreneurial venture

-What virtual assistants do, and how entrepreneurs can tap into that resource

In Kayla’s lesson you will learn:

-How simply filling up her time with an exciting new venture was enough of a distraction to stop the emotional spending

-How Kayla came up with specific ideas for slashing her debt, and what were the most effective techniques

-Why Kayla also prioritized increasing her income, so she would still be able to enjoy responsible spending

In Kayla’s money tip you will learn:

-Why you should not save your fancy stuff (if you have it) for special occasions

-How she made the most of all the fancy wedding presents she did not use during her marriage, including appliances

-How to avoid buying new things, when you already have things in your home that can get the job done, even if they are not what is conventionally expected

-How to tell if you need a virtual assistant, and how to get yourself ready to onboard a VA. 

In My Take you will learn:

-How to learn the value of your time, and decide if you should outsource aspects of your business

-Where to get fancy stuff to use if you did not get it as a gift for a wedding or special occassion like Kayla

Episode links:

kaylasloan.com

Twitter @kaylarsloan

Instagram @kaylarsloan

Facebook @krsloan

Kayla's course on How to be a Virtual Assistant and Make $10k a Month

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