EP261 Financial Fitness in Action with Lisa Mitchell

As a talent management thought partner and results coach, Lisa Mitchell helps talent leaders embed programs that drive results and elevate organizational culture. Today she joins the show to discuss her experience with financial literacy, including the challenges she has faced financially over the years and her best advice for others hoping to better their financial fitness.

Listen in as Lisa describes the importance of investing, paying off your debt, and changing your scarcity mindset. You will learn the benefit of learning how business works, what compound interest is, and what scale is.

“Read the fine print and make sure that you understand [what you’re reading].” – Lisa Mitchell

This Week on Young Money:

• What a day in the life of Lisa looks like.
• The biggest financial challenge Lisa has faced.
• The importance of investing.
• How to change your scarcity mindset.
• Why you should educate yourself on how business works.
• How Lisa has diversified her financial fitness.
• What compound interest is.
• The benefit of teaching your children about finances.

Key takeaways:

• Take money to grow money.
• Pay off debt.
• Teach your children about money.
• Read the fine print.
• Be purposeful with how you spend your time.
• Build up an emergency fund.

Connect with Lisa Mitchell:

• LinkedIn
• Website

Resources Mentioned:

Thanks for tuning into the Young Money Podcast – the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.

Don’t forget to share your favorite episodes on social media! 

Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

Check out this episode!