[00:00:06] Viktoriia Miracle: Hello. Hello and welcome back to happy time happy money podcast and today we have Char Hiebert. She is a money coach and insurance advisor created 'she is all about the money' to empower a woman to have a better relationship with their money. This vision came about from her own not so great past experiences with money.

[00:00:32] Her mission is to increase financial education in woman's so more can save, invest and become the true money. Both Queens. Hi and welcome Char.

[00:00:44] Char Hibbert: Hi, thanks for having me.

[00:00:46] Viktoriia Miracle: Absolutely. I would love to know your story does have how you become a money post coach. Tell us all about it?

[00:00:55] Char Hibbert: And also how to become a money queen. That's the ultimate goal. So I was terrible with money before, we need to make a change. I was going from paycheck to paycheck, not see none of my money. I was using credit options to top up my livelihood every single month for line on it, relentlessly and. It's make a change. It was no great for me. So all my family, so I decided to meet with a financial advisor and my aim was very clear.

[00:01:19] I want to be debt free. I didn't want to use anyone else's money. The banks money I'll choose my own money. So we sat down and created a plan and I've worked towards this goal. So I was able to become in 12 months, pay off 15,000 pounds in credit cards and overdraft debt. And I realized I needed to share some more people just overcome this, the same situation because more spoke to women such as friends and family.

[00:01:41] I realized it was all to have the same mistakes of just going paycheck to paycheck, not seeing our money, using credit options, living up to a livelihood that just, you know, it's beyond our means and having no saving pots for our future. So I started to train to become a money coach, and I went to lots of training programs and went to seminars and realized not many people look like me.

[00:02:01] It was mainly men with briefcase and I realized women spend slightly different to men. We are emotional spenders in particular. So I want to make sure that the information that I had to share was connecting with the right people. So I started to become a money coach and create she's all about the money.

[00:02:20] Viktoriia Miracle: Love that. I was muted. A love that. So what are your specializing and own too? Like what is, what would be your recommendations on like, what is the first steps when people wants to get in control with their money?

[00:02:36] Char Hibbert: Hmm, good question. I think the main thing is what I love to tell my money or screen members is to make a plan for your money before it makes a plan for itself.

[00:02:46] And I'm talking about that good old fashioned budget plan, because most of the time we don't know where our money's going, because we're just not telling you what. So having a clear budget plan is really going to help you to take control, get back in that drive and see and see where all your Ingo is and I'm going on.

[00:03:00] And it also helps you to draw back and see if you are spending more, but you have company seven, a good old fashioned budget plan is a good place to stop. Secondly, I would always say that it's very important to live within your means. Now, when I say live within your means, I'm talking about not seeing other people on Instagram and other social media networks and see livelihood.

[00:03:20] They live in and trying to match that going by what you've got coming. If you feel what you've got coming in is not enough to match what you want to do. Dream big, do great. And think other ways you can create more income streams, but always make sure using your own money. And the reason why I say this is because they do often go for credit options, have my interest charge on top.

[00:03:40] Then you're never going to see your money because you're always paying back to the banks, which ain't your friends. So it's important to make sure you find a way to have enough money coming in, to live within your means. And if it's not. How can you maximize that while the multiple streams, can you access to see more of your hard-earned money?

[00:03:58] And lastly, I'll always say to my clients to think about a goal. What is your goal here? Because let's be realistic. If you don't have an aim in mind, you're never really going to take any yet. You're just going to say, I'll do it tomorrow. But if you know, you're working towards getting your first home, you work in rules, but upgrading that family car, that luxury is holiday.

[00:04:16] When we're able to move around a bit more, you're going to have a clear though implant and realistic timescale to work towards to reach those goals. So it's really important to think about what is my short term, medium term and longterm goals, if you're in a relatioship do those goals with your partners as well, something to think about, right.

[00:04:36] Viktoriia Miracle: I still live them. So what will be number, number I want to say, like number 10, number three, mistakes when people in people making that you see in your?

[00:04:50] Char Hibbert: I would say the main thing is around, as I said about living a bit outside of your meet and go for this credit options, assuming it's your own money, which is something that I was doing myself.

[00:04:59] I think we get so excited when we actually offered a new credit card or overdraft increase. We thought that the banks were our friends, but we forget we've got to pay that back and often slapped on with a large interest fee. So we need to just get into a habit of recognizing that money is not. And get me to a habit of spending our own money, building our own saving pots, having realistic saving goals in mind.

[00:05:22] So that way you can use your own money to be what you're trying to achieve. So it's about us moving back to the original or what I just said, just now thinking of what is and wants to achieve, how long it's going to take me to reach that goal with what I have and how can I avoid actually using more credit options to reach that in a quicker way, but then still paying those interest charges.

[00:05:42] Viktoriia Miracle: Why have you decided to focus on woman? I know you said that when you walked into seminar, there's a man only, but like why, why isn't that was your focus? Because there is more clients and right in man? My woman?

[00:05:55] Char Hibbert: Yeah. You know, it's often people will say things like, you know, when men were offended, sometimes they say, you know, why not us as well, but everyone has any shot.

[00:06:02] There's only and I'm very passionate about women, because I think we need to be more empowered when it comes to women when it comes to finances, because we have to undermine the fact that women run the finances at home. Usually no matter what comes in, whether it's they're working for their self or with over the partner and they're sharing the funds, they, no matter what the money is coming in, there's food on the table, that bills are paid and they often make important financial decisions in the household.

[00:06:26] But then the underminded, when it comes to decisions such around investing people feel that women are not greeting. However we such has shown that women are risk averse. So that makes them better investors than men, as long as they have the right information and knowledge. So I'm just very much more passionate about women being empowered with the skills.

[00:06:43] They already have to actually make the most of it and do more with their money. Because I think often the mistakes we make, it's just down to lack of education.

[00:06:52] Viktoriia Miracle: Love it. And the last question that I always ask them to spot this fill in the blank statement for me, it sounds like this. If you really knew me, you will know that I am blank.

[00:07:06] Char Hibbert: A serial holiday taker.

[00:07:11] Viktoriia Miracle: I take that on, on I'm serious traveler. I love holidays, travel is anything that you can create a vacation for

[00:07:21] Char Hibbert: Def any excuse we don't need excuse

[00:07:22] Viktoriia Miracle: an excuse. That was the right word. Any excuse?

[00:07:25] Char Hibbert: Yes, definitely. I just, just on that, just on that note 100 days, you know, it's about having a goal as well.

[00:07:32] So say for example, you want to go on holiday doesn't mean you have to pick up the credit card and slap it on. When you see those deals, if you know enough to holiday, there's, nothing's going to change next year, you're still gonna love the holiday, right? So you have 12 months to be ahead of that, to create a saving goal for that holiday party.

[00:07:46] So when you do see those deals come up and you are about to maybe move around with a bit more on travel abroad, you can swipe up those deal street.

[00:07:54] Viktoriia Miracle: Absolutely. I know you have a great gift for just our audience. Tell us more about it.

[00:08:01] Char Hibbert: Yes, I do indeed. So if you are interested to hear more, how I can help you to get on top of your finances, whether it's about reducing your debt gain onto your safe and pots, creating those goals, helping to see more of your money, a bit of Basaglar money, I'm offering a free mini consultation call, or you need to do is follow me in Instagram and just click on the link and you can grab that free call 30 minutes, and I can talk you through how I can assist you to become on top of your money.

[00:08:27] Know what you want to do that. See what you're doing now and change it for the future.

[00:08:32] Viktoriia Miracle: Awesome. Thank you so much and if you're watching or listening to this episode, just scroll down. There's going to be a link to this particular episode webpage, where you will see video, audio transcript, and all the links that were mentioned above all the contact information of Char and me as well.

[00:08:49] Thank you so much. If you love this episode, please leave a review, leave us a star five star rating, and that will keep us going to make sure that we are on the right track with the content. Thank you so much and thank you Char, for coming over.

[00:09:03] Char Hibbert: Thank you for having me again. Take care for now.

[00:09:06] Viktoriia Miracle: Bye and see you in the next episode.