Tell me about your business and how you help women?
My purpose is to help people create systems for well-being in their professional and personal lives. Wellness isn’t an hour we schedule into our day. Our lives become more free when wellness is integrated and threaded into all tasks in our daily lives. My mantra is “Life is short. Live it well.” applies to all areas of our health and well-being, including our financial health.
My ideal clients are female wellness professionals and health-based businesses looking to launch or re-launch their businesses. I help them overcome obstacles and work through their fears by arming them with knowledge, connections and the skills they need to shine. I enable my clients to find more time to care for themselves. In turn they are able to offer their very best to their clients and customers.
What tip can you give women regarding your business/service/industry?
Be clear about what you want out of life and your business. If you never verbalize or communicate your goals and dreams in life they unlikely to happen. State what it is you want, but be flexible with how you may arrive at your goals. Allow for creativity, humor, happiness and joy in the journey.
What does being a Financially Wise Woman mean to you?
It means planning for my future, being debt-free in the present and having funds in place to travel and enjoy life to its fullest.
What was the best piece of money advice you were taught growing up or learned during your lifetime?
The most difficult lesson I’ve learned to date is regarding student loans. I had no concept in my early 20’s (nor anyone to help advise me) on how student loans worked. I was thrilled to have been accepted into a program of my choice and wanted to begin grad school immediately, despite not having the funding saved. If I had to do it over again, I would have waited a few years, while working and saving money to attend school. There is no urgency in jumping every hurdle in your life in your twenties. As I consider returning for my doctorate, I now know and value the investment required. Student loans are a huge burden when starting your career or trying to launch your own business and one I would advise against in most circumstances.
What is your spending vise?
I enjoy eating out and meeting up with clients and friends for coffee. It only seems like a vise to me when I see infographics or charts that show how much money I could be saving by NOT buying my juice, coffee or dinner out. At the same time, I can’t place a value on the conversations and connections I have over a shared meal or drink, so I don’t worry too much about it.
Erin Haslag and Well in L.A. Inc. are not affiliated with LPL Financial and Perennial Financial.