How She Paid Off $1 Million in Personal Debt with Naseema McElroy, Ep. 575

Naseema McElroy is a published author and the founder of Financially Intentional, a platform about personal finance and living life intentionally. Naseema managed to pay off $1 million of debt.

Naseema discusses how taking control of her finances has enabled her to overcome bankruptcy, divorce, and the cycle of living paycheck to paycheck. She shares her lessons along her path to help others benefit from the freedoms of financial independence.

Outside of encouraging people to get their financial act together, Naseema is a mother and labor and delivery nurse. Though making six figures for years, she struggled with money. Finally realizing she couldn’t out-earn her financial ignorance, she knew she had to make some changes.  By shifting her mindset around money, being consistent and intentional, she was able to change her financial future. 

In this episode, we talked to Naseema about wealth building and helping people kickstart this journey, challenges to paying off her debts, the house hacking strategy and much more.

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Financially Intentional;

02:29 Naseema’s background;

08:49 Helping people to set themselves up in this journey;

13:40 Where Naseema is at now;

16:24 Challenges she faced while paying her debts;

19:28 Taking the first step on shifting financial behavior;

23:34 The house hacking strategy;

26:55 Round of insights

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Round of Insights

Apparent Failure: Her student loans.

Digital Resource: Libby.

Most Recommended Book: Acres.

Daily Habit: Waking up early and exercising, riding her bike.

#1 Insight for being financially intentional: Curating a beneficial circle of influence.

Best Place to Grab a Bite in the Bay Area, CA: CreAsian.

Contact Naseema:

E-mail: financiallyintentional@gmail.com  Instagram: https://www.instagram.com/financiallyintentional

Podcast: https://www.financiallyintentional.com/podcast 

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