Each week, we ask a personal finance or business expert for their money pro tips. This week we talked to Stacey Lee, founder of Solve Your Books, a bookkeeping service.
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Last thing you resisted buying: A book.
How did you resist it? Looking at the stack of unread books on my shelf.
Last thing you splurged on: A beautiful leather jacket.
Why’d you OK the splurge? I traded my credit card points for 80% of the cost and paid cash for the rest — and it’s something I’ll cherish and use for a long time.
What’s your current money goal? To continue to grow the company’s revenue sustainably and serve clients that align with our company’s vibe.
Money thing you’re most proud of: The ability to resign from my 8-to-5 and start my own business that empowers people to achieve their dreams.
A money regret: Investing in out-of-state real estate with no support team.
Biggest money stress right now: I don’t stress about money. I am a true believer in abundance and that it will be there when I need it.
Best financial advice you ever got: Having an education is the ticket out of being poor.
What would you do with a $1 million windfall? I would give 20% of it to charity, spend 20% of it on trips with my family and invest the rest of it in real estate and the stock market.
Book, podcast, newsletter or blog you recommend to help people be better with money? So many! For podcasts, “Secrets of Wealthy Women” and “How I Built This.” I also love the books “Smart Women Finish Rich,” “Millionaire Women Next Door,” and “The Motley Fool Investment Guide.”
Hardest part of starting a business: The negative self-talk in my own head.
Most rewarding part of starting a business: Selecting the clients that value my company’s work and are aligned with our values.
Image: Nastia Kobzarenko