Shannah Compton Game of The “Millennial Money” podcast joins the P&B family today. Shannah is a Certified Financial Planner with an MBA. She’s also an entrepreneur, podcaster, writer, and teacher. On her show “Millennial Money”, Shannah takes a deep dive into money problems that plague Americans, with a focus on, Millennials. Her goal is to help you get more in tune with your money and to know your money so that you can begin to cut down on debt and build a budget that works for your lifestyle.
Her passion for helping people untangle the mess of their day-to-day money problems is rooted in the fact that in the past, Shannah had money struggles just like you. Debt, student loans, a mortgage, all things that she one time felt in over her head with. She’s creating a movement where talking about money isn’t a taboo, instead, it’s a part of the regular conversation with your family, friends, and spouse.
In today’s episode, you’ll hear about Shannah’s upbringing and her first memories of money, working with her dad. You’ll also learn about how starting a film festival in college taught Shannah valuable marketing and budget lessons. Shannah also tells the listeners about her philosophy on going back to school to get an MBA, the power of starting a podcast, and how she credits all of her success in business to being scrappy and making things happen, without a huge network.
Highlights:
- Starting a film festival and running its marketing and finances
- Weighing the costs of getting your Masters Degree
- The lack of a network that some graduate schools promise
- Teaching personal finance at Cal State Northridge
- “Cash is still king”
- The importance of building a financial foundation
- Why you need to be earning more than 2% on your money
- Knowing what your spending your money on – In order to fix things you need a benchmark of data to understand
- Negotiating a better student loan interest rate
- Tackling different facets of paying off debt, while still saving some of your money
Key Takeaway: Regardless of income or age, we all face similar money struggles. The numbers may look different but the problems are the same. In order to build a life you need a basic financial education and foundation to build off of.
Shannah Compton Game
- Website: mmoneypodcast.com
- Instagram: instagram.com/shannahgame
- Podcast: podcasts.apple.com/us/podcast/millennial-money/id957163760
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