In today’s episode, I am talking with my guest about a topic that we all have to think about but most of us don’t exactly love…personal finance. Jessica Moorhouse is a millennial money expert, speaker, award-winning personal finance blogger and host of the popular Mo’ Money Podcast.
From Filmmaking to… Finance?
After getting a college degree in filmmaking, Jessica was struck with the realization that she had no desire to live the life of a starving artist. Sp she got a “real job” in marketing, but as a single adult, she needed to learn just how it was that adults were able to make it financially in the world. She decided to blog her journey of learning how to go from “broke, to hopefully not broke.”
Around 18 months ago, Jessica added a podcast to the blog; and this past year she rebranded to just her name to increase her visibility as a personal finance expert. She was recently able to quit her job and go to work for herself full time!
Jessica has discovered something that every online business owner needs to remember-
Whenever I try something new, I am always scared to try it. But when I do try it, it usually goes pretty well! So maybe I shouldn’t be so afraid to try new things, because so far they’ve all led to other good things. – Jessica Moorhouse
Overcoming Difficulties in Business
Comparison can be a huge struggle for online business owners; it’s so easy to look at everyone else who is doing what you are trying to do, and feeling too small. The way that Jessica has overcome some of those struggles is by asking herself a couple of questions.
- Am I happy?
- Is this the life I want to live?
Jessica has a growing blog and podcast; she is expanding the community that she wants to reach with personal financial help; and she lives a healthy lifestyle.
It doesn’t matter if I’m the biggest player…if I’m offering something that can really help people…then I should just take the risk and do it. – Jessica Moorhouse
The Inspiration to Begin
Having been an employee since the age of 15, and with a husband who was already freelancing, the thought of stepping out of the security of a regular paycheck was very scary to Jessica. But as she was reading the book Ask Gary Vee, she came across this quote- “you can’t be an entrepreneur with a full-time job.”
Jessica also knew that her parents, along with many other people their age, felt like they weren’t able to enjoy their lives until they retired. Jessica knew she didn’t want that. She wanted to enjoy her life now; not to work a job her whole life just so she could finally retire and start to enjoy her life.
Jessica had always had a desire to help people; she didn’t know if that would be in filmmaking, but she wanted to make an impact. Finally, 4 years after she started her blog, Jessica began getting emails from people telling her how much she was helping them in the area of personal finance.
When you take charge of your money, you take charge of your life. ~Jessica Moorhouse
Hearing from readers that she was making a real impact in their lives was a turning point for Jessica in realizing that she could do this full time and be successful at it.
Achieving Success and Following Your Dreams
Jessica has a few different goals that she wants to reach in order to feel successful. One of those is to replace her full-time income. And a larger goal is to not only have an idea but to take that idea from seed form and see it through to concept, launch, and actual sales.
It’s very important to break your large goals down into manageable chunks. As you complete them and then put them all together, you really have something to show for it.
So my question for you today is, what are you waiting for? Is fear holding you back? Do you think you’re too small? Be sure to listen to the entire episode for all of Jessica’s tips on overcoming those fears!
Links From Today’s Show:
*We do use affiliate links whenever possible to keep this site and your educational experience ad free. Read our full disclosure here.
- Connect with Jessica, and get her FREE budgeting tool HERE.
- Jessica’s site: Jessica Moorhouse
- Gary Vaynerchuk
- FinCon Expo
Today’s Resource Highlight:
More value for the price than any other online business coaching, Katie takes women who want to create products or start earning income with their blogs and teaches them how. The monthly personalized coaching and community involvement with other members far outweighs even the extensive resource library. Check out The Blog Connection today!
Phyllis Sather says
There are some great ideas here. I started out using the envelope system along with a ledger – this was before computers. I got out of debt and have stayed out of debt.
Katie Hornor says
Congratulations Phyllis! That is wonderful.
Camilla Hallstrom says
Thanks for all the great tips in this episode! “It’s very important to break your large goals down into manageable chunks.” – SO true! Trying to achieve some fuzzy goal is waay too overwhelming. Plus, I just love the sense of achievement when a small goal gets crossed off the list 😀
Katie Hornor says
Oh, me too! Definitely a list person 🙂