Kate is an entrepreneur and author from Northern Maine whose passion is the green cha-ching. She recently wrote a book titled Money: A Love Story – Untangle Your Financial Woes and Create the Life You Want that teaches how to get your finances on track through inspirational stories and really easy exercises.
Something I love most about Kate’s brand is how it’s all based on what she experienced first hand. In an interview she did that was featured in The Week, Kate talks about how the book’s practical steps are what she used to get herself out of $20,000 of debt. She was making a pretty healthy salary running a direct-sales marketing company, but due to poor money handling, had no savings and managed to dig herself into a hole $20,000 deep. However, just because her spending habits kicked her in the shins, she didn’t stay down. She made a goal to get herself out, and she did.
Now, we all know this isn’t the first book about how to get out of debt-- actually, there are tons and tons of books about this very topic. So what makes this one different?
It’s a book about love.
You might be thinking this doesn’t make any sense, but just keep your hands and feet inside the vehicle a little bit longer. Kate believes that our relationship with money is just like any other relationship. She says, “Just like any other relationship, your life with money has its ups and downs, its twists and turns, its breakups and makeups. And, just like other relationships, living happily with it really comes down to love — being stressed and overwhelmed by money only makes us retreat.” See what I mean about the Glinda reference?
If that wasn’t enough to convince you that Kate is the Good Witch of Northern Maine (because those actually do exist), I’ll give you another fact. Kate’s take on this subject is different from other financial books because it’s fun and kind to the reader! Kate does not make readers who are in poopy financial situations feel even worse about what they have and have not done that resulted in them getting there like other books; she doesn’t slap you on the wrist with her invisible ruler, tell you you’ve been a bad money manager, and make you want to curl up in a corner and cry. In her Good Witch nature, Kate just pats readers lovingly on the back and helps you make it right.
According to Kate, “this book is as much about falling in love with yourself as it is about falling in love with your money.” Doesn't get any better than this!
So, what have we learned from Ms. Kate “Glinda” Northrup?
- Wallowing in our mistakes will only make them bigger-- instead, own them, fix them, and profit from them.
- Don’t be discouraged by the amount of debt you’re in (as many of us know far too much about being at USC and all) -- make a plan, get creative, and strive to be debt free!
There you have it-- two Tweetables (minus what’s in the parentheses on the second one) and values to live by!