182. Chronic Overspending, Paying Off A 20 Year Debt, Increasing Take Home Pay, And Building Wealth with Patti Calkins
We're hosting our very first FREE Debt Pay Off Masterclass! Register here: https://ginaknox.co/masterclass Join us live on November 11th at 1pm CST. Register at the link above Episode Synopsis: In this podcast episode, Gina Knox interviews Patti Calkins, a myofascial therapist and business owner, about her journey in entrepreneurship, financial growth, and the challenges she faced along the way. Patti shares her experiences of starting her business, the financial strategies she learned in Money School, and her evolving approach to managing her owner's pay and personal finances. The conversation highlights the importance of financial education and the impact of coaching on business success. In this conversation, Gina Knox and Patti Calkins explore the evolution of money mindsets across generations, the impact of overspending, and the importance of financial education. They discuss personal experiences with debt, retirement planning, and the significance of instilling financial stability in future generations. The dialogue emphasizes the need for proactive financial management to avoid the cycle of poverty and ensure a secure future. About Patti: Patti is the owner of Exhale Myofascial Release RVA in Richmond, Virginia. She opened her business, specializing in myofascial release in 2022. She made the choice to go to massage school following years of working as a physical therapist assistant.She has in three years grown her business to $250k with employees. Where to Find Patti: Website: http://www.exhalemfr.com/Instagram: @exhalervaFacebook: Exhale Myofascial Release RVA Timestamps: 00:00 - Introduction to Patti Calkins03:37 - Financial Growth and Challenges08:51 - Transformative Year in Money School14:02 - Owner's Pay and Financial Management18:08 - Generational Shifts in Spending Mindset20:13 - Understanding Money Mindset and Overspending22:44 - Navigating Debt and Financial Decisions24:30 - Retirement Planning and Financial Security26:21 - The Importance of Early Retirement Savings30:49 - Financial Stability for Future Generations32:39 - Breaking the Cycle of Financial Instability Category: Entrepreneurship Keywords: entrepreneurship, financial growth, myofascial therapy, MFR Coach, MFR, business coaching, small business, money management, personal finance, owner’s pay, coaching, business success, money mindset, overspending, retirement planning, financial security, generational wealth, budgeting, debt management, financial education, wealth building, financial stability