Melanie is the founder of the blog Dear Debt and the author of the book Dear Debt: A Story About Breaking Up With Debt.
In this talk, you’ll learn about:
- What money baggage is and how to minimize it
- How to stop moralizing your money
- Several better things to focus on than debt
- How to develop better relationships with a busy schedule
- What debt fatigue is and how to protect against it
- What spending triggers are and how to be mindful of them
- How to remain frugal around your friends
- How to earn a larger income
- How to get started freelancing or working a side hustle
- What Lola events are and how to build personal equity
Melanie Lockert’s Book Recommendations:
Tiny Beautiful Things by Cheryl Strayed
Dear Debt: A Story About Breaking Up With Debt by Melanie Lockert
Notes from the Talk:
2:00: About Melanie
3:42: About Melanie’s blog “Dear Debt”
4:19: Did you talk to any counselors about loan debt before starting your master’s program?
5:47: What is money baggage?
9:22: How do you stop moralizing your money?
12:26: What should we focus on instead of our net worth and debt?
14:00: What can busy people do to find the time to develop better relationships?
17:00: Saying “thank you,” “I love you,” and “I’m proud of you”
18:16: Saving “thank you” notes
18:52 What else should we focus on instead of our net worth and debt?
20:20: What is debt fatigue?
23:14: How do you tie your spending to your future self?
24:03: What did you have to learn to live without?
25:45: What are spending triggers?
30:27: How do you become more frugal with your friends?
33:25: What can I do to increase my income?
37:09: How do you turn private equity into something scalable?
41:12: What’s the hardest part of getting started working on your private equity?
44:03: When you first started out, how did you set up contracts for payment?
44:43: How did you first get involved with Lola and supporting women’s finance?
48:58: When is the next Lola event?
49:19: What is one book you’ve read that has made you a better investor? Get Money by Kristin Wong
50:03: What is one book you’ve read that made you a better thinker? Mindfulness: An Eight Week Plan for Finding Peace in a Frantic World by Mark Williams and Danny Penman
51:56: Bird’s Eye View
53:00: What is one book you’ve read that has made you a better person? Tiny Beautiful Things by Cheryl Strayed
53:50: Conclusion
Related Links:
Melanie Lockert’s blog “Dear Debt”
Melanie Lockert’s book: Dear Debt: A Story About Breaking Up With Debt
