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Financial Feminist

198. Paying off $70k of Consumer Debt and Breaking Teen Mom Stereotypes with Jazmin Higgins

Financial Feminist

Her First $100K

Self-improvement, Education, How To, Business

4.76.2K Ratings

🗓️ 13 November 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

Hi Financial Feminists! I'm so excited for you to hear today's episode with Jazmin Higgins—a financial coach who turned her life around from being a teen mom at 16 to conquering $70,000 in debt and building wealth. We chat about her journey defying stereotypes, tackling financial trauma, and how she's now helping others break free from generational financial struggles. This episode will make you question what it takes to redefine your life’s trajectory when the odds are stacked against you.  Jazmin’s links: Budget with Jazmin Follow Jazmin on Instagram Read transcripts, learn more about our guests and sponsors, and get more resources at https://herfirst100k.com/financial-feminist-show-notes/198-paying-off-70k-of-consumer-debt-and-breaking-teen-mom-stereotypes-with-jazmin-higgins/ Not sure where to start on your financial journey? Take our FREE money personality quiz! https://herfirst100k.com/quiz Special thanks to our sponsors: Squarespace Go to www.squarespace.com/FFPOD to save 10% off your first website or domain purchase. Masterclass Get an additional 15% off any annual membership at masterclass.com/FFPOD. Rocket Money Stop wasting money on things you don’t use. Cancel your unwanted subscriptions by going to RocketMoney.com/FFPOD. Third Love It’s time to get your Bra-blems Solved™. Use code PODCAST15 for $15 off your order at ThirdLove.com. Netsuite Download the CFO’s Guide to AI and Machine Learning at NetSuite.com/FFPOD. Quince Get cozy in Quince's high-quality wardrobe essentials. Go to Quince.com/FFPOD for free shipping on your order and 365-day returns. Mint Mobile Cut your wireless bill to $15 a month at Mintmobile.com/ffpod.

Transcript

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0:00.0

We were always in survival mode. Any moment that we did have money, we would spend it. Then I had credit cards that I didn't understand. And since I left home early, at home, we didn't talk about money anyway. So, like, there was no education around what are the right things to do with money. Little by little, we found ourselves, you know, accumulating debt, but not having any type of emotion

0:21.7

to it. So it didn't weigh us down as a bad thing or a good thing at all. But it was debt that does

0:27.2

not help you. So unproductive debt, high interest credit cards. When we realize, like, oh, there's a lot

0:32.7

of things to pay. It's getting out of control. A personal loan is what we would get.

0:39.1

Hi, financial feminists. Welcome to the show. I'm really excited to see you. If you are new to the show,

0:44.8

my name is Tori. I fight the patriarchy by making you rich. I am a New York Times bestselling

0:48.8

author, and we're focused on getting more money into more women's hands. And if you're an

0:54.0

only bit of goody, you knew that already.

0:56.1

I don't know how to start these episodes post-election.

0:59.1

This is going to be the last time, at least in an intro that I talk about, the aftermath.

1:05.2

We did an entire post-election episode.

1:08.2

So please go listen to that that I think has a lot of my thoughts and my

1:11.7

feelings and the way we're moving forward. But if you are at all intimate with our work,

1:18.3

you know that we are here to give women resources to have choices and to have the best,

1:26.9

baddest, fullest, healthiest version of their life

1:30.2

and using money as a tool to get there.

1:32.8

We had a really nice comment after the election come through that I want to read.

1:39.6

Says, Tori, I'm beginning to understand the depth of how important your work is.

1:43.8

Thank you for speaking up,

1:45.1

leading with compassion and grace and helping change people's lives. We need strong female leaders

1:50.2

now more than ever. First of all, thank you to that person. But second of all, that's what we're

1:54.8

doing. We are educating women. We are giving them resources to better their money so that they can have more options,

...

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