The Dangers of Growing Your Business Too Fast While Getting Out of Debt

Managing your money as a couple is a big deal. Whether you’re still battling those student loans or already living debt-free, regardless, it’s important that you and your partner are both on the same page.

Nicole Iacovoni overcame her own financial crisis and is now using her experience to continue helping and inspiring other couples to do the same!

In this episode of the His & Her Money Show, we have Nicole on board to walk us through her debt-free journey as an entrepreneur. Nicole is a licensed psychotherapist specializing in couples therapy.

She had big plans when she decided to expand her mental health practice into a full-service wellness center, but before she knew it, she and her business were deep in debt and struggling to generate income with seemingly no way out.

Not only did this negatively affect the practice, it starting to take its toll on her marriage too. That’s where Nicole drew the line. She learned so many valuable lessons about marriage and money throughout the process of eliminating their debt.

She’s added financial therapy under her belt and is giving out advice, tips, tricks, and first-hand experience to anyone out there looking to take better control of their finances and start their own debt-free story! 

What You Will Learn

  • The dangers of growing your business too big, too fast
  • Keeping a realistic vision of your dream business
  • Nicole breaks down the moment she realized it was time to make a change
  • The effects of financial stress and how to avoid it
  • Balancing your life values and using them to shape your future
  • How Nicole and her husband overcame the financial strain as a couple and got stronger together
  • Explaining her and her husband’s Guilty Pleasure List

Resources Mentioned

Thanks For Listening!

Thanks for tuning in to us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons at the bottom of the post.

 




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