If You’re Stressed About Money, Start Doing This | Tiffany Aliche
Lewis Howes talks with Tiffany Aliche, author of Get Good with Money, about climbing out of $300,000 in debt, the burnout that came with a $10 million year, and why money should support a life built around connection.
The gist
-
Aliche says a 'get rich' scheme left her with $35,000 in credit card debt, and losing her teaching job in 2008 left her with no income.
-
To beat money doubts, Aliche says to look for 'corrective experiences', like saving a dollar a month or watching Will Smith wisdom clips.
-
Aliche says shame keeps people stuck, and telling one kind friend the truth let her forgive herself and start fixing her finances.
-
She suggests being a 'paper towel person': stop scolding yourself over money mistakes and go straight to cleaning them up.
-
Before lending money, Aliche asks whether it actually solves the problem, and she prefers paying the bill directly rather than handing over cash.
"If you type on YouTube 'Will Smith wisdom,' these clips of Will Smith giving like these wisdom chunks, and I would watch them over and over and over cuz even though I didn't have any other external place, is there someone who I can watch that is doing the thing to help create ..."
▶ Play at 25:43"I call it like being a paper towel person... So I think about that, like can you stop fussing at yourself? Can you get right to the paper towel? ... You spent too much on your credit card. Okay. And get a paper towel. Today's the day."
▶ Play at 40:52What they recommend · 2 picks
"If you type on YouTube 'Will Smith wisdom,' these clips of Will Smith giving like these wisdom chunks, and I would watch them over and over and over cuz even though I didn't hav..."
"I call it like being a paper towel person... So I think about that, like can you stop fussing at yourself? Can you get right to the paper towel? ... You spent too much on your c..."
Made by someone on this episode
Also mentioned
Ads in this episode
Airbnb, ChatGPT. They're paid, so we keep them out of the picks above.
See what Lewis recommends without being paid →Related episodes
Episodes covering similar topics
More from Lewis Howes