Simone's Blog: Money Magnet

As the Director of Affiliate Relations at HomeFree-USA, I’ve always been fascinated with how people handle their money. Like everyone else, I’ve had my financial ups and downs. In fact, it took me 32 months to pay off $32,000 in credit card bills and build up a six-month emergency fund. While that was a very difficult period, I am grateful – and wiser -- for the experience.

Through my personal experiences and working at HomeFree-USA, I’ve gained a ton of insight that I feel compelled to share. You’ll find those lessons here. Feel free to take the thoughts and ideas that resonate with you most and put aside the rest for later. I look forward to sharing my journey.

Failure: the primary path to success

This often happens with our finances; fortunately, money is neither created nor destroyed, only transferred, so today’s failure will become tomorrow’s success as long as you’re willing to get up and become fear-less.

Overcoming fear is not as easy as taking clear cut financial steps, yet changing your thoughts and behaviors is 80% of the journey to success with money. The following are a few things you can do to begin overcoming your fear of money mistakes:


Your credit score is likely not as bad as you think. And if it is, an organization like HomeFree-USA will help you overcome any issues so that whatever is negative never has to be again.


Investing. Many people with investable funds are afraid to jump into the stock market, which is known for its volatility. a) there are many other investment opportunities outside of stocks (more on that in an upcoming article); b) if money is kept in the market, not sold when things get tough, the gains are immense. Patience is key; c) there’s no such thing as getting rich quickly. Like anything, investing is slow, steady, and an essential part of the growth of your net worth.


Spending. While this may surprise some of us who are trying to spend less, there are many who hoard all their money and never do anything nice for themselves. Enjoying yourself, whether it be through taking a nice trip, buying one or two things you really like, or simply giving to charity is what those trying to get their spending together are working towards. Those that have it should enjoy it. You truly can’t take it with you.


My fear wasn’t regarding money but the area doesn’t matter so much as what we choose to do with it. There’s a chance you’ll fail again, but as any successful person will tell you, the only way they succeeded was by failing forward. Now’s our time.


And so it is.