Rebel Lotus

From Debt to Dream Home: A Hairstylist's Financial Transformation with Misty Jayne

Episode Summary

In this empowering episode, we dive deep into the personal financial journey of Hairstylist and Money Coach, Misty Jayne. She courageously opens up about her struggles with money and debt, shedding light on the challenges she and her husband faced. Together, they embarked on a transformative journey that not only changed their lives but also their financial trajectory. Discover how Misty and her husband successfully navigated their way out of a daunting $50K debt, ultimately achieving their dream of owning a new house. Through sheer determination and strategic financial planning, they transformed their lives for the better. Now, Misty Jayne pays it forward by helping hairstylists specifically take charge of their financial well-being. Tune in as she shares invaluable insights, practical tips, and actionable strategies that empower hairstylists to regain control of their financial lives and create a secure future. Don't miss this inspiring episode full of wisdom and encouragement.

Episode Notes

A little bit about Misty Jayne,

I grew up thinking as long as I could afford the minimum payments on the credit card I could buy whatever I wanted.

This belief combined with a real love for having a good time led to almost $50,000 in consumer debt by the time we had my son in 2015.

My husband and I were living in a small townhouse we didn’t love and we felt like the second we got our pay-checks they were gone and we felt strapped, poor and like we were drowning in our debt.

Our one true desire was to move our family into a home in a beautiful, safe neighborhood, but we both accepted that we chose the wrong careers and could never afford it… until I had the realization that changed everything.

I realized our lack of intention and reckless spending was costing us the one thing we actually wanted.

I realized I was spending to try to look like I had my financial shit together… while my financial habits were making the opposite true.

We paid off $48,000 in debt exactly 2 years to the day we cut up our credit cards.

8 months later we closed on our dream home in a neighborhood we never thought we could afford. I’m writing this from that house and I pinch myself every morning when I wake up in it.

So, I didn’t just wake up one day and decide to start coaching stylists on getting out of debt and building healthy relationships with money… it called to me in a way nothing ever has before. 

 

https://www.mistyjayne.com/