The Sugar Daddy Podcast
Ready to normalize talking about money? Then welcome to The Sugar Daddy Podcast. Every episode will get you one step closer to your financial goals. Whether that is learning how to invest, budget, save, retire early or simply make better money choices, Jess & Brandon have got you covered in a way that's easy to understand, and easy to implement. Tune in as they demystify the realm of dollars, so it all makes cents, while giving you a glimpse into their relationship with money and each other.
Brandon is an award winning licensed financial planner, and owner of Oak City Financial, with over a decade of experience and millions of dollars managed for his clients all over the United States.
New episodes published the first three Wednesdays of every month.
The Sugar Daddy Podcast
105: Lazy Investing with Chloé Daniels
Feel like investing is only for finance bros and math nerds? You’re not alone and this episode is about to change that.
This week, Jess and Brandon are joined by Chloé Daniels, the powerhouse behind Clo Bare Money, who’s helped over 300,000 people ditch financial fear and start investing the lazy way. Chloe’s journey is all-too-relatable: from believing “girls are bad with money” to loaning a now ex $50K, she’s made the mistakes so you don’t have to.
She breaks down investing in a way that actually makes sense—no jargon, no shame.
You’ll learn how to:
• Automate your investments with zero stress
• Use tools like robo-advisors or target date funds
• Stop overcomplicating wealth-building (seriously, it’s easier than you think)
• Rewire old money beliefs holding you back
Plus, Chloé gets real about prenups, financial red flags in relationships, and why loving someone doesn’t mean going broke for them.
If you’ve ever thought, “I want to invest but have no idea where to start,” this is your starting line. Hit play and get ready to feel empowered, not overwhelmed.
Watch this episode in video form on YouTube
To apply to be a guest on the show
You can email us at: thesugardaddypodcast@gmail.com
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Learn more about Brandon and schedule a free 30-minute introductory call with him
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Notes from the show:
Enroll in The Lazy Investor's Course
Follow Clo Bare Money Coach on TikTok
In today's episode we have special guest Chloe Daniels from Clobear Money and she is going to talk to us about the lazy way to invest. We are not talking about the unrealistic Wolf of Wall Street stuff. We are talking about set it and forget it automated investing that anybody can do and we want you to do that.
Speaker 2:So if this is of interest, take a listen today. Hey babe, what are we talking about today?
Speaker 1:Today we are talking about women and money one of my favorite topics whoop, whoop and we're going to be talking about how to invest the lazy way, which is even better because I think so many people have the misunderstanding that investing is difficult, and I mean the industry and the jargon and all the things you know. It is a little intimidating. So we're going to break it down today with our guest, but we're not going to be talking about day trading or any of the crazy Wolf of Wall Street stuff. We're going to do it the lazy way with Chloe Daniels.
Speaker 3:Chloe, I'm so excited. I feel like I have to give all of your guests or your listeners here a little disclaimer that I just moved this weekend, so my brain is moving a little slow, but we're gonna. We're gonna see what we can do, all right.
Speaker 1:Yes, listen, it's all about a fun casual conversation. It's going to be fine, not to worry. Let's get into your bio, chloe, so that everybody knows who we're talking to, because we know how amazing you are, but we need everybody else to know as well.
Speaker 1:Yeah, chloe Daniels, also known as Chloe Bear Money Coach, has built a community of over 300,000 on TikTok and social media by educating people on how to invest and build wealth the lazy way. We're going to get into that. Her work has been featured on CNBC, entrepreneur, bloomberg, business Insider and she's been a recent participant at White House influencer briefings for new policies on student debt and other issues her audience is facing. She was also awarded 2025 Best Overall Personal Finance Influencer by Bankrate. That's a big deal. Her ultimate goal is to provide education in a fun, easy-to-understand and accessible way, without the overwhelm, shame and confusion often associated with finances. Chloe has worked with thousands of individuals to improve their finances. She has also worked with several women's groups, nonprofits and companies such as Snapchat, nationwide Mint, mobile Betterment, clio, capitalize and more. Girl, you be out in these streets busy.
Speaker 3:I know I was like man, I'm not going to lie when you said the White House thing, I was like I should make it clear that it wasn't this administration. Listen, I got to update my bio.
Speaker 1:Listen. I think all of our listeners know where we lie.
Speaker 2:I assumed it Good.
Speaker 3:Yes, I think we're clear, I think we're clear, and if they aren't clear, they are now.
Speaker 1:They are now Welcome to the pod Exactly. Oh my gosh, I love that. So I mean, obviously we've been followers of your content for a long time. I don't even know how I found you, but I instantly was like this is my girl, like from the the dance videos to. You know, one of my favorite series that you do is like the money mistakes you made in relationships we're going to have to get into that. You just keep it so real and you really just take all the shame and guilt and like that stuffy air that is around the space of finance. You just remove all of it and I love your content for that.
Speaker 3:Thank you so much. I will like never forget the first time you guys commented, or at least one of the first times you commented on some of my content. I think it was like one where I said like I'm daddy or something along those lines and you commented and I was like wait, your handle is sugar like be or be your own sugar daddy or something?
Speaker 1:like that. I can't remember your handle.
Speaker 3:It's changed, yeah it was like at the time and I was like oh my gosh, my people. So I love the name of your podcast, I love the approach, I love it as well. And then we met at FinCon last year and I was like, oh, I like these people a lot, these are chill people.
Speaker 1:Yeah, we try to be. We try to take the shame and stigma and all of the the guilt and fear out of the conversation, just like you do. So we're in good company here, yeah, so with all of our guests. Chloe, we jump in with your first money memory because we think that you know what you remember about money from your early beginnings really can shape how you are with money today. So we'd love to hear yours.
Speaker 3:Yeah, it's funny. When I had the podcast the Money Bear, that's how it would end every episode. So when I saw that I was like oh, that's so cute I love it, money bear.
Speaker 3:That's how I would end every episode. So when I saw that, I was like, oh, that's so cute. Um, so my very first money memory happened when I was under the age of seven I want to say it was probably probably six or seven. Um, but my mom would, or my parents would, give each of us a dollar for allowance every week. And I remember getting this dollar and she said, well, you can either spend it or you can save it. And I was like, well, why would I want to save it? Like what's the purpose of saving it? And so I'd go with her to the Kmart every week with my little dollar.
Speaker 3:And the thing I distinctly remember purchasing was at the time there were these little like makeup kits for kids that were like a dollar. It was like a pack. It had like a little lip gloss, a little eyeliner, a little blush, and it was like like there was no actual color to it. It was just like this goop. Essentially, that was less than a dollar. I bought it and it was like melted and forgotten about within 24 hours.
Speaker 3:And I remember my brothers.
Speaker 3:On the other hand, they were way better about just saving their dollars for something that they really wanted to buy, and they'd buy cool things like remote control cars or robots and things like that.
Speaker 3:And I remember at that time thinking, wow, I guess girls are just bad with money and boys are good with money. And I was like seven years old and I did not even question that deeply rooted belief until way later, like in my late twenties, because it was just something that was buried down so deep of like, yeah, and my parents would reinforce that a lot of the times of like, oh, money just burns a hole in Chloe's pocket. Oh, your brothers are so good at saving, why can't you and your sister be better at it? And so, um, a lot of that belief was just reinforced over the years and because of that I never told myself like, hey, money's a skill you could probably just learn it, you know. Because in my idea or my head even though it was not really something I was aware of it was just like no, boys are good with money and girls are bad with money. So why would I try to learn?
Speaker 2:Why would I try to go do anything you know. All right, real quick. I want to speak to the person listening who feels like they can't work with a financial planner yet because they're carrying a lot of debt. First of all, I see you and I need you to know you're not broken, you're not behind, you're just in a tough season. I created something just for you because I've had people reach out who are serious about changing their money story. But the full financial planning package just wasn't the right fit yet. So I built a new service through Oak City Financial that's focused completely on debt reduction.
Speaker 2:No fluff, no shame. You'll get a one-time planning session, a personalized payoff strategy, your own financial dashboard and monthly coaching. If you want extra support while you climb out, it's $300 to get started and $100 a month. If you want that ongoing guidance, that's it. This is about helping you get unstuck, not making you feel like you failed. If this sounds like what you've been needing, go ahead and schedule a call with me. The link is in the show notes. Let's take the first step together, you and your sister, both youngest.
Speaker 3:So I know. So my I'm the oldest daughter and then my sister is the second youngest. But we were both spenders. We were both. We took on that same role, but we were also the only ones who were interested in working as well. So, like, I started working when I was nine because I liked money and I wanted to have money, and she started working around the same age as well. But, yeah, it took us a while to learn how to keep the money.
Speaker 1:Oh, my gosh. Well, and so interesting that instead of saying, oh, they're saving their dollar to get the bigger item, they must just be good with money and I'm just bad with money. Instead of no, they're just saving it and I'm spending it.
Speaker 3:Yeah, yeah, that's so interesting. I internalized it as. Oh, this is my fault, I am just bad.
Speaker 1:Which is such a woman thing to do. Right, because it could never be an external factor, could never.
Speaker 3:Never, and so that is, you could rinse and repeat on my whole life.
Speaker 2:See, I'll put this out to the guys, like it's got to be something else it's got to be. No, it's not me no accountability no.
Speaker 1:Accountability no None, none for the men.
Speaker 3:So how do we go from? And I love that you referenced the Kmart, because you know Only a niche audience will know that one Exactly.
Speaker 1:So you go from Kmart to. You're a personal finance expert, you have certifications, you're teaching thousands of people You've I mean you're being invited to the white house like, take us on the journey. I mean there's a lot of in between here.
Speaker 3:There's a lot of in between, so, okay, let's see where do I begin. So when I was born, no, I'm just kidding. So I in my early 20s, I had a lot of student loan debt and I was broke. Lot of student loan debt, um, and I was broke. So, even though in college I would work sometimes between two to three jobs, um, and take on like 24 semester hour loads, I was trying to graduate early.
Speaker 3:I was trying to do all of the things like I was working harder not necessarily smarter, and I struggled with my mental health so much at that time in my life that I often would do things like just spend every dollar that I had on something that I thought would make me feel better, would make me like like this will be the solution, this will be the thing that gets me out of my funk, this will be the thing that makes me finally feel better, this will be the thing, et cetera, et cetera, and obviously that never worked and it would put me into situations where I'd have panic attacks on how the heck am I going to pay rent? How am I going to? How am I going to like, keep keep doing this and not have to ask my like, not ask my parents for help? I'd never asked my parents for help because that was like a massive no-no, especially as the oldest daughter, and so I would just find myself in this situation over and over again, where I'd have to go sell my clothes to help make ends meet for, you know, paying rent and things along those lines, or paying the mental gymnastics of like, all right, if I write the check today and I put it in a safe deposit box tomorrow, which is the day that it's due, hopefully he won't pick it up till Friday and then the money will be in the account. So a lot of that mental gymnastics, and it just again reinforces idea that I'm bad with money, I'm clearly not the person who should be making these decisions. I need somebody else to do it for me.
Speaker 3:And so this belief, um, started really, you know, in my early twenties of like, you know what the solution to all of this is just someday, whenever I get married or whenever I find a partner, they're going to be the ones who are going to be good with money. Like, let's just hope. Let's just hope that they're way better at money than I was. Unfortunately, that did not happen. So there's a lot, as you said, I have a whole series of some of the bad decisions that I've made because of quote, unquote love.
Speaker 3:But I essentially find myself in situation, over and over again, where I have exes who owe me. The most that an ex owes me is $50,000. I have many exes that owe me thousands, but, um, I had an ex who this was the right before the like, my rock bottom, I guess you could say. Is I the same ex who owes me about 50 grand? He would use my credit cards to fund his business and I would let him. I'd be like, oh man, look at me, I'm so together that he can use my credit cards to fund his business, which we know as business owners. You're not supposed to be doing for any any stretch of the imagination, um. So, anyway, I ended up having about $15,000 in credit card debt from him at some point, um, which he did eventually pay off, but it tanked my credit score because we were not able to make the payments.
Speaker 3:And when that relationship ended, uh, it was 2018, where I had finally moved out and I was sitting, uh, I was sitting with the reality of where I was at and it was just like I am in no better of a financial position than I was, and, if anything, I'm in a worse financial position than I was in, you know, five years ago, 10 years ago, and like dumber people than me have figured this stuff out before. I cannot keep thinking that the solution to this is someone else, because, time and time again, it's showing me that all these people I'm telling myself to rely on like they're worse with money than I am, and I'm just over here with my blinders on my head in the sand, thinking like, okay, well, I can't do this, but they can do this. Let me put this responsibility on then. And then I'm ending up in worse and worse situations. So, um, I finally was just like you know what, what if I just try? What if I just try to figure this stuff out? You know, I'm not stupid and dumber people than me have figured this stuff out before. That is my life mantra is dumber people than me have figured it out before that in like, let's just try. Let's just have the audacity to try.
Speaker 3:Because, as a recovering perfectionist, as somebody who procrastinates until something is perfect, all too often the idea of let me just try and see what happens has become such an important staple in my life, because then you start doing and then you figure it out as you go, whereas if you're just constantly preparing before it's perfect and you're like I got to read 10 books on budgeting before I ever create a budget, I got to read everything about debt pay, I've got to do all of this. You're just never going to get started. And so that keyword try really enabled me to just be like all right, well, as long as I'm trying, I'm making progress, let's see what happens. And so that kind of personal finance. People that I knew of at the time were like Dave Ramsey and Susie Orman, and this one saving grace was this blog called Millennial Revolution. Do you guys know?
Speaker 1:that.
Speaker 3:They did quit, like a millionaire, christy Chen, and I think it's Christy and Bryce, but they were I've heard of quit like a millionaire.
Speaker 3:Yes, so that's them. They had a blog called Millennial Revolution. I assume they still have it up. It's a great blog. But I was so jealous of their life. They were these tech people who had quit their jobs to retire early and travel full time. And I was like, how is that even possible? How do they? They're so lucky, lucky them, lucky them. And then finally, I was just like Chloe, what if you tried? Like, why are you just saying like, lucky them, why don't you just try, use this jealousy as a way to, you know, push you forward? And so again, I was just like all right, let's just figure this out. Let me focus first on. I thought my biggest problem was debt freedom, and so I focused on putting all of my extra income on debt for a while, and in the first year and a half I put down about $20,000 on my debt. I believe it was, or it might have been, 40,000. I can't remember off the top of my head.
Speaker 1:I think a recent post said 40. Yeah, it was 40 grand in like a year and a half.
Speaker 3:I was going so hard on paying off my debt. But my debt was a 3.54% interest rate a 3.54% interest rate, and so eventually, as I continued my education, I continued learning, I started to realize that that wasn't as much of a priority, as it was for me to start investing and getting invested as soon as possible. But I was terrified of investing. I had just gotten to this place where I was like, decent at budgeting, I was decent at paying off my debt and this idea of investing. It just felt like this thing that the dudes on wall street were able to do, not like the girl who studied English and Spanish in college and took logic instead of math, like that was not something that I thought I would ever be able to do. But as I continued to educate myself, I couldn't keep the blinders on anymore, and so it was in 2020, um, that that was the year I turned 30, I believe, or was it 2020? I don't know Time.
Speaker 3:Like I said, my brain isn't fully working today, but it was 2020 that I was like you know what, let me just try to figure this whole investing thing out. And, sure enough, that was the year that I really learned a lot about investing, started managing my own investments, started working on things like maxing out a 401k, maxing out an IRA and stuff like that, and I fell in love with it. I just thought it was so interesting and I realized it's more about learning a new language rather than learning the math, because the math is simple. The math is not something you really have to worry about that much. It's really about learning all the jargon, and that actually was a lot easier for me to learn than learning some complicated maths that, luckily, you don't have to. So, yeah, that's that's kind of the long winded, roundabout way of how I got into finance Um and then later on, I I got my certifications for to to be an educator Um, and 2021 is when I started sharing stuff on the internet to be like, hey, here's what I'm learning.
Speaker 3:What do you guys think you were going?
Speaker 2:to say I was going to say I say the same thing because, like, people always think that my job is so focused around math. Right, I'm like obviously it has a math component to it, but I was like 99% of the things that I do has nothing to do with math.
Speaker 3:Yeah, it's. It's so emotional A lot of it like there's like you're like you have to be a psychologist in ways or a therapist in ways. Um, you have to be able to, to really work on the mindset side of things, and that's with like everyone I don't know anybody who doesn't have money, stuff like that they have to work through mentally and then it is it's the language. It's the language of just learning all the jargon that's been used to gatekeep the finance industry from so many people.
Speaker 2:You had said earlier that when you were in college that you didn't feel as though you can go to your parents for money. Was that more or less like your parents didn't have the means to help you, or was it more of like you don't want to ask them for help?
Speaker 3:Both honestly. So I was parentified as a kid pretty early. I was the oldest daughter of five kids, and so it was like I knew the intimate struggles of finance that my parents were going through from the time that, like seven or eight years old, I knew that there was a constant struggle for money and even though there were years when things were fine, there were years that were not fine. In 2011, 2012, which was when I was really really struggling with my mental health and living paycheck to paycheck, and having to like sell my clothes and donate plasma to make rent. Um, I didn't want to talk to my parents about it because I my dad had been experiencing furloughs cause they were still recovering from the great financial crisis crisis of 2008. Um, I knew how expensive that was. I believe my brother had started some treatments at that time, too that were insanely expensive.
Speaker 3:So I was like, well, the last thing, I can be as a burden to my parents, and there's been even times where, like I, that's a whole other side story but there's been times where my life was literally in danger and I was like I can't. I can't tell my parents because they don't have the funds and I don't want to be a burden to them, and that's something like I'm still healing from and learning from and being like no, like you should have told your parents, you should have reached out, because, like, if my daughter was in danger, I would want to obviously do anything I could, even if it put me in so much debt, um, but uh, yeah, it was that not wanting to be a burden I mean, that's something I still very much struggle with is like never wanting to be a burden, which helps me in the financial way, because I'm very independent financially now, but something that I'm still very much learning, especially now that I'm with a healthy partner and we're getting ready to have kids next year and stuff like that.
Speaker 1:Yeah, that's so exciting. I know you've also been very open about being like I don't ever want kids. And now you're like madly in love and you are in a healthy, happy relationship and you're like I can't imagine not wanting a child with this person. So what is? Let's, let's pivot into, like, what are you doing to prepare for children financially?
Speaker 3:so much therapy. Yeah, good start. I know that's not financial and you gotta have money.
Speaker 1:No, I mean but it's, it's an important, it's way more.
Speaker 2:It's way more important than the money.
Speaker 3:You can have all the money in the world and if you're not in the right headspace you're gonna mess your kids up with nice things and and I do not want to mess my kids up and it's like I know I'm going to mess my kids up I don't want to mess my kids up in the same way that I was messed up Like I want the generational trauma to be a little less, you know, or significantly less. So a lot of therapy. Both my boyfriend and I are are big, big advocates of therapy. We want to get some couples therapy as well, cause it's we're both in this um odd boat and I think more and more millennials will probably fall into this boat of. Neither of us ever thought about having kids. It was never even on our radar. So it's weird to have this shift at in our mid thirties of like, oh no, now we've never wanted anything, it's a huge shift.
Speaker 3:Um, so that's something that we're both approaching of, just like we don't even know what questions to ask or what things we should be focusing on, or what are good parents supposed to do, like things like that. Um, and I know it's not going to save for three months of maternity leave. Since I'm self-employed, I want to make sure that I have that expenses there and luckily we're a dual income household. He makes great money as well. So even if I didn't have that, we would be fine. But I want to be comfy, I don't want to have to worry about that, and I ideally would like to have enough to have an extended maternity leave. So that's number one priority. Then the second priority is just saving money for medical expenses and things along those lines, and then, in addition to it, it's like we're going to get married, we're going to get our prenup, we're going to get all that stuff in place as well. You know the regular to do list.
Speaker 1:How does your partner feel that you're in this finance space, and was it awkward for him to have these conversations? Because obviously you're like we're talking about it all. I'm sure you're like show me all your numbers, log into your portals. Was he totally on board or what was the situation there?
Speaker 3:Yeah, I mean, it's an emotional thing for sure to like when we finally had the financial audit where, like we had talked about finances very early in our relationship, like I got a very good sense of where he was at financially. Um, but it wasn't until January that we're like all right, we actually need to like really go through this so that I know exactly where you're at. And like he's like oh man, it's like getting naked for the first time in front of somebody, but like in such a deep way where there's a lot of shame associated with it, especially if you're like Ooh, I may be good with my finances, but I'm not as good as you are with finances. And so, um, it was. We kind of talked about it and I, you know, I've had a lot of practice in coaching people, so I'm like listen, there is not going to be any shame here and there's not going to be any judgment. I understand that this is weird. If you want us, we can even hire another financial coach to do this with us.
Speaker 3:Um, but he was really open about it. And then, when we had our little financial audit afterwards he goes I feel so good, that's, that was so great. He was like I, all these fears that I had. The only reason those fears existed is because the light was turned off. And now that I've turned this light on and I'm looking at my financial house, it's so much less scary because actually we're doing pretty good. We're actually in a very good position and like so much farther ahead than he even expected us to be.
Speaker 3:So, um, so, yeah, it was. It was still even. I think too it's like the, the uh. He's well versed and knows a lot about finances and more than the average person, but he's also like dating somebody who's a literal expert, so it's like a gotta be an intimidating thing. So it was, it was pretty easy to give him that empathy and compassion of like we can take little tiny baby steps but, like, as long as we're making progress and we're being honest with people or being honest with each other, you know that's what really matters. And so, yeah, it's been. It's been relatively easy.
Speaker 2:I'm going to steal that analogy of the light on things, just so you know, as you should.
Speaker 3:It was such a good one I was literally, I was like dang, I need to talk to people, like that's what I need to tell people as well, because you, it really is just a dark room filled with stuff that you're like, ooh, I'm scared of what's in there. But then the second you turn the light on, you're like wait, this is so much easier, this is more manageable. Um for sure.
Speaker 1:It's not as bad as I thought it was.
Speaker 3:Yeah, or even if it is worse than what you thought it was, it's like okay, now I know Now, you know now you can put a plan in place. Yeah, exactly.
Speaker 1:What about the prenup? I mean, is it safe to assume that he expected you to want a prenup? Did you guys both come to that conclusion pretty quickly?
Speaker 3:So we were listening to have you heard of Two Hot Takes. It's like the yeah, so we love Two Hot Takes, we love like going over moral conundrums, and so we were listening to Two Hot Takes episode where I believe they were talking about prenups, and it was again like the role reversal or the traditional role reversal, where the woman was asking for a prenup and the dude was like, how dare, like a prenup? Um, and so I was like, huh, we should probably talk about this Right, like you know, we know, and it was early, we were like three months into our relationship and we already pretty much knew. Um, I was like, so what is your take on a prenup? I know, you know, I'm obviously pro prenups.
Speaker 1:You're not taking my money, oh yeah.
Speaker 3:And he was well, and he's got, you know, he's got generational wealth on his side, so it's like, you know, he's got things to protect as well. And uh, he was like, you know, I've never really thought about it before and I and he was like, but like, yeah, I'm fine with it. And when I explained to him and like he was already on board, he was already fine with it I was like, yeah, for me it's such a no brainer, because what people don't often understand is that you already have a prenup in place. You already have a prenup in place. Do you really think?
Speaker 3:You really think the government, your state government, has been batting a hundred? Like you really want to? You want to put your life and future into the hands of, uh, of your state? Like, probably not. Um, I'd rather have a say in it. And one of the things that I S I have said many times is that one of the most underrated benefits, I would say, of having a prenup and getting a prenup in place is that conversation that has to take place, the one of the most important conversations that you're ever going to have as a couple, and it's like seeing how that person responds to that type of conversation when things are high stakes, it's going to be so telling of what they would be like in other hard decisions, but also what they would be like in a divorce. If they are a nightmare in getting a prenup in place, imagine what a nightmare they're going to be if you got divorced.
Speaker 3:So it's like it's such an important test that I think everybody should go through yeah.
Speaker 1:Yeah.
Speaker 2:We just completely completed a post-nup. Yeah, we had um Aaron Thomas from a prenupscom and he completely changed our thought process on the whole thing, because before I had probably we probably the stereotypical thought on like a prenup.
Speaker 1:You're planning on your marriage to fail, you know, or like oh?
Speaker 2:you know we don't have a ton of assets.
Speaker 3:It really doesn't matter oh, I hear that all the time completely changed our thought process around that.
Speaker 2:But, like you said, every state already has a prenup, so why not write your own?
Speaker 3:yes, you gotta write your own rules yeah. And then people are like you know how much did the post-nup cost? You guys?
Speaker 1:uh, so we we did a deal because we had aaron on the podcast and I'm sponsoring the podcast. Nice, he does a flat fee and I think it's like if you're doing a regular prenup and you're not, you know, hardcore celebrity or whatever, I think it's $3,500.
Speaker 3:Oh, okay, that's what I would expect. Yeah, okay, yeah, and that's the thing too is like I feel like people should just work that into the budget.
Speaker 1:It's like thing too is like I feel like people should just work that into the budget, is like yeah, it's so important. And like if you don't do one, then get a post-nup. Like you know there are other ways. Yeah, what?
Speaker 2:almost nine years. How long have we been? Nine years in october.
Speaker 1:Okay, yeah, nine years married, 12 years together. I don't know yes and we obviously were like money nerds, and so we loved the process, we loved the conversation, we loved a. There was no, we didn't, there was nothing to uncover right.
Speaker 1:It was like Okay, what are the last four numbers of that account? Okay, type it into that, was it right? Yeah, but we did talk about things that technically aren't in the post snub, but it was almost like Aaron kind of called it, our like morality clause. So we talked a lot about our children, right, like in the event that we were to get divorced, how far can we live away from our children, right? What happens? We have this big house. What if you move out? How long is it going to take for you to move out? How long do we have for the accounts to separate? Now you have to go and buy new furniture. I want my kids to be in a safe space with a comfy bed and whatever. So now you need a budget for new furniture. I mean, we talked about all of that and we put things in place to say, all right, if you move out, you get $5,000 to furnish your new apartment, and that comes from the joint account.
Speaker 1:You know, we put things like that in place and it was just such a comforting conversation Like now we know. We know because we put the rules in place while we're in love, while we respect each other, while things are good, and I mean we loved it. But again, you know, you probably will love the process too. Oh, I'll love it.
Speaker 3:I'll love it, we both will Like it's something that we always talk about Like. At the end of the day, no matter like, I have every intention of being with Charles for the rest of my life. Charles has every intention of being with me for the rest of my life. But shit happens Like period, end of story, like people change. People get brain injuries. People like things happen.
Speaker 3:And so it's like you just want to make sure that you have a plan in place and like, oh my gosh, that would be such a peace of mind of being like people don't even realize those types of things that you can put in place.
Speaker 1:Yes, we didn't.
Speaker 3:I wouldn't even the level of detail Like you think of, like the high level stuff that goes into a prenup, and when it comes to like how would we actually handle this divorce? That would save so many people so much time. And I actually heard and money. Yes. And money, money, pain you know like having, because the fact that you're putting together a plan when you still love each other and you still respect each other, that is such an act of love.
Speaker 2:It is it?
Speaker 1:really is. It really is so we even talked about.
Speaker 1:You know if things are starting to get rocky, like how many marriage therapy sessions we had to go to, yeah, and down to the like the portion of OK, anybody can initiate a request for therapy at any time, and then we have a rule around that the person who requests the therapy has to present three therapists that are approved by your way. You know the other person can't say well, you chose a therapist that you liked and did it. You know like we wanted to get all that kind of bias and stuff out of the way. But again, now there's a rule in place within 30 days of requesting therapy we need to have our first schedule, our first scheduled session. I mean, I love that. Those are things that you can.
Speaker 1:You can have that conversation when love is high, respect is high, you're in a good space. You can't have that conversation when you're pissed at each other and you're like I'm done so, it's so valuable. We even said one thing that I was firm on, and it's not in the pre-nup or in the post-nup, because you can't put things about your kids in. So again, it's like a little addendum that we did. But I was like, if we were ever to get divorced, I'm not doing this, trading the kids in the middle of the week on three days off, two days. You have them every other third. I'm not doing it. It's one week on, one week off.
Speaker 3:Oh yeah, that's. Yeah, that's got to be so destabilizing for kids to like halfway through the week, I mean even for the last year and it's a scheduling nightmare. Scheduling nightmare, it's yeah, no, it's like for the last year, until we literally just moved in together this weekend. We I would just spend weekends at his place and it sucks. It's so annoying being like my stuff isn't here and like you're constantly forgetting things and I'm like it's so nice just to be in a space where all of our stuff is in one place.
Speaker 2:So so yeah, I can only imagine as kids but anyway, sorry to get on such the tangent.
Speaker 3:No, no, no, it's so good I definitely when we get the prenup I'm going to. You guys have an affiliate code or something.
Speaker 1:Yeah, yeah, we'll send you the link.
Speaker 3:Yeah, aaron was great. He's amazing. He was at FinCon.
Speaker 1:Oh nice, yeah, gives you things to think about that you wouldn't have thought about outside of the numbers.
Speaker 3:For sure.
Speaker 1:So it was really a great, great experience and so fast, I mean, you guys have your stuff together. We all had the flu at one point, but we would have been done under 30 days easy.
Speaker 3:Amazing.
Speaker 1:So absolutely can't recommend him enough. Let's pivot into your community that you've built and how you're helping. I mean, I would say it's specifically women or catered to women, right, okay.
Speaker 3:Yeah, Women and gay men oh.
Speaker 1:I love that. Talk to us about your community, what you offer, how you work with people. What does that all look like?
Speaker 3:Yeah, so I'm creating free content on the internet every single week. A lot of folks find me on Instagram or TikTok and, in terms of the way that I actually work with folks, I've got a community called my Lazy Investors, who are part of the Lazy Investors course, which is where we teach folks how to make their own decisions when it comes to their finances and really focusing on investing. So, teaching people things about their retirement accounts, teaching things about, like, what are the different types of investments out there? What are the pros and cons of each of these different types of investments? How are? How do you analyze an investment? How do you decide if it's right for your portfolio, all of that stuff, so that they can go from uh, I could never invest, I'm never going to be able to do that. To like, okay, I'm doing this, I'm like making my own portfolio and I'm figuring out these investments.
Speaker 3:So, um, that's my big thing as an educator is always to give people the education that they need to make their own decisions, um, but also to know when to reach out to a professional and to be like, hey, you know what I actually do want to hire a CFP for?
Speaker 3:Uh, you know, figuring out this backdoor Roth IRA, because those are really complicated, even though the internet makes it seem like they're the easiest thing ever and it's like, you know, having the language. I have tons of my students who most of my students, I will say once they finish the course or they finish the program, they do go on to manage their own investments and then occasionally we'll hire, like fee only, cfps for certain problems. But a lot, a lot of my older students who are, you know, maybe a little bit closer to retirement, will work with a financial professional who they see on a regular basis. But it's like now, the conversations that they're having are so much better. So, um, that's what I'm here for is educating folks so they can have better conversations and make um, make, make decisions um, now and in the future.
Speaker 1:Okay, chloe, talk to us about lazy investing. Like people listening, they're probably driving, walking the dog, they're not sitting in front of their computer. If they get anything from you today and they log off from this platform, how does one lazy invest? What do they need to do?
Speaker 3:So the whole theory behind lazy investing is this idea that most of us, when we think about investing, we think it means buying and selling individual stocks, getting the hot stock tip on what's going to go to the moon and getting in on it before everybody else does. But in reality, that's a whole lot more like gambling than it is true investing, where, instead of doing that, what we recommend is buy the whole market. Do not be focusing on buying an individual stock, because, unless that's like your gambling portfolio that you're okay with potentially losing, we want to be buying the entire stock market, and there's a lot of really easy ways that you can do it. My favorite way to do it is through something called index funds. So that's what we teach a lot of inside of the Lazy Investor's course. But index funds, essentially the way that you can think about it is, let's say, you were going to a seven 11 and you were like man, I'm craving something sweet, but I have no idea what I'm like. I have no idea what my craving is for. So you pick up a KitKat and you're like hopefully this fulfills my sweet craving, hopefully this is the thing that, like, I go home with and I'm satisfied with, it's a winner, right. But let's say, instead of doing that, you're like man, I really don't know what I'm craving. So instead I'm going to buy this big Halloween size bag of candy bars and surely, with the hundreds, if not thousands, of different candy bars inside of there, surely I will find a winner in here, surely there will be something that will actually fulfill my chocolate craving. That's what it's kind of like when you buy an index fund.
Speaker 3:When you're buying one chocolate bar, that's like buying one stock you hope that chocolate bar is the winner, you hope that's the one that's going to fulfill that that craving. But if you're like I don't really know, because most of us don't know, all of us don't know, I would say, of what's going to be the winner. Even the dudes on wall street, the finance bros, the Tik TOK bros, the TikTok bros they don't actually know. So instead it's smarter to just buy the whole bag of chocolates where you have hundreds, if not thousands, of different options inside, just like an index fund that's going to contain hundreds, if not thousands, of different stocks inside of it. So studies have shown over and over again that this is the much more effective way, even when I was going through my CFP coursework it was like in the I remember highlighting in my book about investments. It was like most people are better off with index funds because picking individual stocks and actively managed portfolios does not work.
Speaker 1:So I was going to say even more like index funds everybody, everybody and so um.
Speaker 3:So anyway, in terms of how do you do that, if you're like, all right, cool, I'll try this out, the way to do it with literally zero knowledge is one of two ways. So if you leave this podcast and you're like, all right, I'm going to spend 10 minutes setting up an index fund portfolio, one of the things that you can do that will take you less than 10 minutes is you can use something like a robo advisor. So Fidelity has a robo advisor. Betterment, I think, is like the most popular one out there. You've got Wealthfront. You've got a bunch of different options out there. Out there, you've got Wealthfront, you've got a bunch of different options out there. The idea behind a robo-advisor is essentially an algorithm that's acting as your financial advisor, where it's going to take some information from you and then it's going to kick back out a recommended portfolio for you. So it'll ask you like how old are you, when do you want to access this money, how comfortable are you with investing, et cetera, et cetera. It will then take all that information and then it will suggest, hey, here's a portfolio we think that you could do. We could set it up so that you're putting $100 a month away into this, or however much you want to, and it's automatically going to invest in these things.
Speaker 3:Most robo-advisors use index funds. Betterment, I know all index funds. Wealthfront, I believe, uses index funds. Fidelity uses index funds. So you're already doing the hard work of like okay, I'm invested, I've got diversified investments, I'm most likely in index funds. Boom, that's great, you will. The con is that it can only produce as good of data as you give it. So if it, if you're in there with it saying like, oh, I'm terrified to invest, it may put you in a way too conservative portfolio. So that doesn't mean you're done. You can get started with it, but you still need to continue your education because, again, bad data in, bad data out. So we've got to check to make sure. Like, once you've learned more about index funds, you can go back in and decide, okay, is this what I really want to be invested in or not? The other downside is you will be paying a fee, but most of the fees are like 0.25% versus something like working with a traditional advisor, which is usually around like 1% AUM. So that's one way to get started with zero knowledge.
Speaker 3:The other way to get started with zero knowledge is to use target date funds. Now, not all target date funds are created equal. Some of them have index funds inside of them, some of them don't. The target date funds that I have found to be the best are the Vanguard target date funds. Fidelity has some target date index funds available as well, but a target date fund essentially most of you who are listening if you have a 401k or a 403b, likely your 401k or 403b has you in a target date fund.
Speaker 3:This target date fund the idea behind it was a simple solution for people to be able who have no education on investing to be able to pick a fund that has the target date of when they want to retire or access the money. So you'll go into your 401k. You'll see, like Vanguard target date fund 2050. That means that portfolio is designed for somebody who is planning to retire in 2050. So you got to do that math of when do I want to retire. But once you know that date 2050, 2060, 2065, whatever it is that's what you're going to be looking for is like, okay, vanguard target date funds or Fidelity target date fund 2060, 2055. You'll pick the closest date to when you plan to retire. So they're not going to. They usually come in five-year increments.
Speaker 3:I would suggest going the farther date out rather than the closest date. Um, but that's going to give you a pre-made portfolio. Like I said a lot of the times, they'll have index funds in there, but you can just have that well-diversified portfolio. That again, you're not going to stop educating yourself because you may go into that target day fund and realize, oh, there's way too much international in here or there's way too much bonds inside of here.
Speaker 3:But at least you'll get started. And I am a huge proponent of get started and figure it out as you go. Because it's like the biggest thing is if you get into just the habit of putting a hundred bucks a month into a robo advisor, that's a lot easier to get you to. From a hundred bucks to a robo advisor every month to a thousand dollars into your own managed portfolio. Like that step, those steps in between those two, is a lot easier to get to than just the like I'm not an investor, I don't do anything. So it's like if we can get you into the habit of doing something and continuing your education, that's huge.
Speaker 1:Absolutely love that. I think that I mean we've talked about that on so many of our episodes as well and you know I always make the analogy of like this isn't Wolf of Wall Street, like we're not. We don't have screens in front of us, we're not yelling on the phone trying to buy individual anything like set it and forget it, automate it, build the muscle of investing something every single month, even if it's $5, $10, whatever you can do, and get started, because if every day that you don't start, you're absolutely missing out on growth.
Speaker 2:And even those individuals who are on social media and stuff like that, talking about, quote unquote, the more sexy stuff of the individual stocks, I can guarantee you that they probably the bulk of their portfolio is in that basic vanilla stuff that we talked about Boring, investing.
Speaker 3:Good investing is boring. Good investing is boring when I even when I have students who are like, okay, I have my index fund portfolio set up, but I kind of want to do some individual stocks. I'm like there's nothing wrong with having individual stocks inside of your portfolio, it's just you have to be willing. That's like money that you're willing to risk. It's not my whole retirement, it's like, ok, you know, I'm going to take 5% of my portfolio and put it into some individual funds.
Speaker 3:Or I'm going to take 2% of my portfolio and put it into some crypto. It's like those types of things. You just have to think about them a little bit differently before putting them into your portfolio.
Speaker 2:And the mix that you just said. Like the 5%, from a mathematical standpoint if it went to zero it's not going to tank your portfolio, but if it does hit, then it can exponentially increase it.
Speaker 3:Exactly, and it's like that's the stuff that you're willing to gamble with, but it's like you have to ask yourself what percent am I willing to gamble with? What percent am I willing to risk?
Speaker 2:Absolutely yeah, you're really big on the education, the education piece is huge, because I'm not saying obviously the average individual needs to be an expert, but they do need to have some base level of financial literacy so that they can understand. Hey, in this scenario, is this good for me or is this not good for me? Because with so much information out there on the Internet, it's great that the information is out there, but now it's information overload.
Speaker 2:Confusing there, but now it's information overload confusing and then also it's like who's actually providing good information and then actually, as a good information, what's applicable to my situation? Because I mean, I think even sometimes in scenarios where people think that they should be getting, you know, good advice, they're not. Like. I had a client who was like 30 years old and through her work they had her in like a fixed deferred annuity. Yes, yes, see the face.
Speaker 1:For those of you listening 30.
Speaker 3:Oh my gosh.
Speaker 1:And then that's the stuff that gives financial professionals a bad reputation, because it's like you're scamming or selling me things that I don't need.
Speaker 2:They want to make the commission. She was spending like $3,000 a year into this thing, and I'm like you as like this person, I'm not going to say they did terrible but they did terrible.
Speaker 3:Yeah, yeah Well. And it's crazy Cause like when I have folks who go through the community or go through the program and then they go look at what their financial advisor is doing, they're like, holy crap, I was paying 8% fees or something crazy like that, or they had me all in bonds or all of it was sitting in cash. I've had somebody who I've had financial advisor. I have had somebody who their financial advisor never invested their money.
Speaker 3:I've also had somebody who was uh, yeah, I've had somebody who was with a financial advisor for like five years. He forgot to toggle on reinvest dividends, so she had over $20,000 sitting in cash. So it's like. This is the importance of the education of, at the very minimum, the basics, because you just don't know if your financial professional is actually a good one or not. And unfortunately, the word financial advisor, it's not regulated. So it's like an insurance salesman can say I'm a financial advisor and yet they're just there to sell you insurance products and they actually don't know anything about Roth IRAs or index funds, you know. So it's it's. I'm deeply passionate about the education as well, because it's just like even if you think you are with the best financial advisor because he's been with your family for 20 years and your parents are doing fine, you still want to know if they're making decisions that are right for you or not?
Speaker 3:or at least be able to flag something and to also understand what they tell you like, or to ask the right question, Exactly Because so many times you'll ask something and then they just respond to you with a bunch of jargon. You're like oh, I'm stupid, I don't know these answers, so I'm just not going to ask anything.
Speaker 1:You know and so it's like, it's like you need and then you end up with $20,000 sitting in cash and not invested Exactly.
Speaker 2:My number one, red. Anytime you're starting to maybe interview for a financial advisor, whatever it may be, if that advisor does not lead with asking you a ton of questions and leads with oh, you should be in this or you should be in that, turn the other way, yep, like anytime somebody asks me a question, I'm like even just like friends will ask me a question.
Speaker 3:I was like well, I got like 15 questions to ask you first 100% and, like I feel like on the internet, in the internet world, people get frustrated when they ask a question and they want a direct answer. But, like usually, my response is it depends, it depends.
Speaker 2:It's my number one response.
Speaker 1:It's his number one answer.
Speaker 3:It, it cause it always, depends it always. There are very few things in personal finance that's a hundred percent. No, you know like that's. I can't think of anything off the top of my head.
Speaker 2:Um, although some of the permanent life insurance policies are pretty high up there I give people like I said, like if you ever hear the person say, guaranteed that is like a no-no, within finance. So they say guaranteed for the most part.
Speaker 2:You need to turn around, walk the other way yeah, that and like um, if they're avoiding your questions or like they get mad at you for asking they won't tell you, or they won't tell you how they get paid. I said like yeah, people%, you can ask me anytime you want how I get paid.
Speaker 3:Have you ever heard somebody saying like yeah, my advisor said that I'm not paying any fees, I'm like girl.
Speaker 2:I hear that all the time.
Speaker 3:Like no, he definitely is getting paid, you just don't know where they're coming from.
Speaker 1:But your car insurance person is getting a commission you know, I mean somebody is making money somehow. Whether you recognize that or not, people are getting paid. So if you don't feel comfortable asking, you shouldn't be working with that person. And I mean people know that they can ask Brandon like hey, well, from this product versus this product, how much are you making?
Speaker 1:And I can tell you any of the things that Brandon's putting in place are not keeping our lights on for our family. You know what I mean. Like because he's not a scammy. Human Right, right, right.
Speaker 3:Yeah, yeah, oh my gosh, wow, how Well.
Speaker 1:And then what's really sad is that those people who are being duped right by a financial professional financial professional might then be completely resistant to reaching out when they actually do need to work with somebody. Good, when it comes to life insurance, disability insurance, right, putting pieces of that financial portfolio together that really should still be there. But then they've been scarred and they feel like ugh, icky, you know.
Speaker 2:Yeah, I mean I don't blame them, though, because the financial services industry has done a terrible job. Yeah, as a whole, we have ourselves to blame. I say we because I'm in it, you're in it. I'm not part of that group. You're not part of that group.
Speaker 3:I mean, you're an educator. At the end of the day, you're doing the good work of putting forward the information that you believe in. And it's hard because we're not only battling against just a general lack of knowledge, we're also battling against the people who are actively scamming people, and I think we see that, at least personally in my space. I see it most with IULs, vuls, things along those lines, where people are just talking about these like golden goose and like they're so effective at getting that information out on TikTok and Instagram and like there are huge players in that industry, and it's like we're not just working with oh, let me teach a blank slate. No, no, no, no one is a blank slate when it comes to money. And it's like you first have so much misinformation that you have to wade through to get to them, but then you also have all the mental stuff too. So it's important work and we will be employed for a very long time. I think yes.
Speaker 1:So, chloe, this is now your full-time business, right? Talk to us about entrepreneurship kind of highs, lows, lessons learned, you know. For anybody listening who maybe has a handle on investing and their portfolio but is now thinking, okay, maybe I can start my own business, what would you say to them?
Speaker 3:That's a good question.
Speaker 2:Still figuring it out. Oh yeah, that's a good question.
Speaker 3:I will tell you so. I've been full-time for almost four years now and been running Clobear for about five years. I started started Clobert money coach in 2021. And I started a blog way back in like 2018 or 2017, where I was talking about like mental health and relationships and stuff like that. I would say that entrepreneurship is not for everyone. It's very difficult at times and the internet makes it seem like it's really really easy and really really glamorous. Yeah, so what?
Speaker 3:My biggest piece of advice to want to be, want to be self employers or self employed, want to be entrepreneurs, want to be, start a small business, start a side hustle is always, always, always, test it first. Do not have this big, bold idea that you're going to quit your job to pursue from ground one. Like you need to be doing the thing while you have a paycheck coming in, or else you're going to make bad decisions, you're going to be stressed all the time and you're going to run out of money. And that's my biggest piece of advice is like try it out before you decide to just jump ship. For me, I made sure I had a year emergency fund and I had been making what I needed to make for at least six months before I jump ship. But that's the big one is like, if you want to enjoy the experience, if you want to be in it for a long time, you gotta. You gotta kind of build, build a little bit slower in the beginning to start testing it out. So, um, and if not, like, I understand some people, some circumstances. They're like, I'm working 14 hours a day. There's literally no way for me to do this on the side, but I know I need to do it. Okay, if that's the case, we gotta be working on building a nice buffer fund for you that you could live off of that buffer for six months while you're getting this off of the ground. So, um, that's my biggest piece of advice.
Speaker 3:Um, but I think also, gosh, there's so many things. Um, I've just started business coaching as well, so there's a lot of things that are top of mind. Um, but I think, be willing to try things, like, be willing to try things Like. I feel like at least 50% of what I do, if not more, is testing things and seeing if it works or not, and almost all of your tests are going to fail, and that's normal. But then you hit one thing that works really, really well and you add it into your rotation of whatever it is that you're doing, whether that's a content piece, whether that's a process, whether that's a funnel, whatever it is, whether it's a simple email that works really well for you. You have to be flexible to try new things and be willing to fail, and the faster you can do that, the faster you're going to find success. Is like that's. It's truly your ability to test things and your ability to to adapt quickly.
Speaker 1:Fail fast. I love that. Fail fast, fail fast.
Speaker 3:I didn't say that first. I know somebody else said that, but it is so true it's so true.
Speaker 1:Okay, what about in relationships? If you had to put like a ladies, never do this in a relationship and I know we have limited time, but what would you?
Speaker 3:say oh dang. Um, I love that you guys are like or is there any topics that we should avoid? I'm like no, not at all, bring it. Um, I love that you're asking about this, my, from a financial perspective. And it's crazy because when I share these stories about what have happened to me in past relationships, um, I am shocked by the overwhelming amount of comments that are like this happened to me too. Like I did this too and I felt so stupid and I felt so ashamed.
Speaker 3:Um, my biggest piece of advice is to not invest in someone to the extent that I like. Do not be investing into someone you barely know. Like, if you are putting forth all the money for all of the dates, if you are buying them expensive gifts, if you are trying to show your love through money which is something I a hundred percent did from the time that I was a little kid um, you need to be asking yourself if this is somebody who you are already in a committed relationship, who is giving you the same energy back, or not. And it's hard to not have your love goggles on and to be like oh no, you know, he just doesn't have a job and hasn't had a job for the six months because he's trying so hard at this thing and he's yeah, he's not willing to take these jobs because he's looking for the right thing. You have to ask yourself what are the excuses that I'm telling myself and how is this impacting me? I can't tell you how many women I've heard who are like, yeah, I pay the rent and he's just like video games at home and cause he's looking for a job? Or, um, you know, he, every time I build something, he tears it back down Like I, I save up an emergency fund and he spends it on no-transcript. So for me, that showed up in a lot of ways of being willing to front bills, being willing to let them do stuff like I had no business letting people do.
Speaker 3:And with this relationship that I'm in now, I was working with a love coach, which I think you guys know. One of the biggest things that I'm in now. I was working with a love coach, which I think you guys know. Um, one of the biggest things that I had to work on was trying to not show my love through my money and it was like to me. My subconscious belief was like well, this is my value. I'm valuable because this is. What I bring to the table is that I am a provider. I am somebody who can take care of people and can spend money on people, and what I wanted, though, was somebody who was willing to invest in me in the same way and wasn't just looking at me as a bank account or somebody who can fund their lifestyle or, you know, be the provider, and I wanted to be provided for, too, on an emotional level and on at least an equal footing situation, but it was so hard for me to not constantly offer to pay for everything with Charles that, even on the first date, when I showed up, I was like five minutes late, and I instantly was like oh, I was like I'll pay, and I shoved myself in front of him and I put my card down and I told my love coach about it.
Speaker 3:She's like Chloe, what were you doing? We're trying to stop this pattern, and like, if you're constantly showing that they don't have to do anything and you're willing to do all of this emotional labor and financial labor and all of this stuff like this is the type of person you're going to attract. You're going to keep attracting people who don't have to put anything in because you're busy doing it all, and so I just had open conversations with him. At the very beginning I was like, all right, so this is something I'm working on is not paying for everything all of the time, because there's this deeply rooted belief in me that that is where my value is and I'm trying to not like I'm trying to change that story. And so we just talked about it and like he was like all right, cool, I'm totally happy to pay for dates. And I was like that's weird, I didn't know.
Speaker 3:I didn't know that was a thing like that people are okay with that and it was still uncomfortable, so, yeah, um, so you know, just really trying to keep keep reality at the focus, which is something that I struggled with for a really long time and seeing if somebody is investing in you in the same way that you're investing in them I think women often fall in love with the potential of the person instead of the reality that the person is showing.
Speaker 1:don't, don't do this, it's so hard.
Speaker 3:I know it's so hard. It's like you're like that was me to a T and it's like it's so hard to look at reality and to be like I was 100%, I was the chooser, I was the one putting myself in those situations over and over again and I had this mentality of like oh, no one shows up for me. No, mentality of like, oh, no one shows up for me. No one. No, I like I just keep picking all these loser men, or all these loser men are attracted to me, and what I didn't realize is like I was picking that over and over again, I was allowing that over and over again, I was repeating the same patterns over and over again. So if you find yourself in that position and can afford it, a love coach, a good one, it sounds so silly, oh my God.
Speaker 3:It sounds so silly. When I heard it I was like that sounds like a scam. And then I worked with the most amazing one, and then I found charles and I love of your life and here you are like, and he was like the fourth date that I went on, which is insane I feel like I have the most boring dating life evidently leading up to you because, like I mean compared to I don't have any crazy stories
Speaker 3:but I have an exceptional number of crazy stories from a lot of trauma in my past that I didn't know I had, and so it wasn't until I, like, was able to work through a lot of that stuff and I was like, why am I attracting all this chaos? So yeah, Charles is the same way, though he's like you look at his, he's like had like three relationships and all of them were not toxic at all and I'm like, wow, what is that like?
Speaker 1:Yeah, like tell me more, tell me more. It's crazy.
Speaker 3:People exist like that.
Speaker 1:But I think it's. I mean, I think it's in part to why you've built the community that you've built, because you show up so authentically and so transparent and like, hey, ladies, here's how I lost $50,000 and here's how I tanked my credit score. And oh yeah, he came back to me a second time and I was like sure I'll invest again, even though the first three businesses failed, because this time it's gotta work. I mean, you just show up authentic and truthful, and I think you know, especially the internet world is craving that. And so you've just you do such a wonderful job and we're so happy that we got to chat with you today.
Speaker 1:I know you've talked about a lot of things and we kind of ended on the relationship thing. If you could leave our audience with a financial thought of like, what do you want to leave our audience with when it comes to money?
Speaker 3:What's a thought it's so much easier than you think. Like becoming successful with your finances, becoming somebody who is building wealth actively and getting their first hundred K and their second hundred K and on their way to their first million. It's not as difficult as you think. Um, you do not have to do complicated strategies or, um you know, become an expert in the personal finance world. You can very easily build wealth, even if you're making mistakes or you've made massive mistakes, like giving an ex $50,000, you can overcome. It's just about learning a new language and setting yourself up for small changes that make a big impact over time. I think that a lot of people don't get started because they're so overwhelmed, because there's so much information out there, but remind yourself that dumber people than you have figured it out before, because, oh my gosh, there's a lot of dumb people out there who are?
Speaker 3:very wealthy and I promise you you could do it too.
Speaker 2:We say the same thing about parenting.
Speaker 1:Yes, you'll be just fine. You'll be just fine. The fact that you're even thinking about wanting to undo generational trauma and the fact that you're already in therapy and you're I mean just all the things, your leaps and bounds ahead and I, we always say this we're like, the fact that we're stressing about all of it means that we're good parents because good parents are exhausting.
Speaker 3:Oh my gosh, yeah, that's wild to think about. Yeah that's what I keep reminding myself of that, too is like I'm going to do my best and I'm going to be present and I'm doing what I can.
Speaker 1:So we'll see what happens. Oh well, we are so rooting for you. We can't wait to see that part of the journey. Chloe, thank you for being with us on the Sugar Daddy podcast. We so appreciate you.
Speaker 3:Thanks for having me.
Speaker 1:It was delightful talking to you, you guys, thanks.
Speaker 2:Don't forget Benjamin Franklin said, an investment in knowledge pays the best interest you just got paid Until next time.
Speaker 1:Thanks for listening to today's episode. We are so glad to have you as part of our Sugar Daddy community. If you learned something today, please remember to subscribe, rate, review and share this episode with your friends, family and extended network. Don't forget to connect with us on social media at the Sugar Daddy Podcast. You can also email us your questions you want us to answer for our Pass the Sugar segments at thesugardaddypodcast at gmailcom, or leave us a voicemail through our Instagram.
Speaker 2:Our content is intended to be used, and must be used, for informational purposes only. It is very important to do your own analysis before making any investment based upon your own personal circumstances. You should take independent financial advice from a licensed professional in connection with, or independently research and verify any information you find in our podcast and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
