For those who have money… or want more of it. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast, the show you need to listen to if you have money or want more of it! Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.Read more »
For those who have money… or want more of it. Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast, the show you need to listen to if you have money or want more of it! Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.Read Less
Patrice Washington was flying high in 2006, the multi-million dollar real estate company she had started with her husband was practically printing money.
But 2007/2008 came, and things went south fast. A high-risk pregnancy finally pushed her over the financial edge - she came out of the hospital with a healthy baby, but massive hospital bills after her insurance company cancelled her policy mid-stay.
Patrice and her husband did anything and everything they could to avoid bankruptcy, a mentor told them “You can’t nickel-and-dime your way out of $2 million in debt.” Bankruptcy wiped out all debts - wrecking their credit but allowing them to start over fresh.
Fast forward a few years, and now Patrice is America’s Money Maven, teaching others how to get their financial house in order to lead their best, most satisfying lives.
Bankruptcy doesn’t define you, and this episode is an excellent example for anyone starting over.