How the Girlies Create a Trust to Protect Their Money

Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia share their hot takes on which businesses they'd never buy—even if they're known moneymakers! From the high-risk world of nightclubs to the slim margins in restaurants, they break down why some ventures are better avoided, especially for first-time entrepreneurs. Plus, they discuss how the car dealership model may be fading in the face of online car shopping. Tune in for real talk on setting boundaries, knowing your strengths, and why some investments just aren't worth the risk.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Maia break down the essentials of setting up a trust to protect your wealth and secure your assets. They discuss why trusts aren't just for the ultra-wealthy, but a smart strategy for anyone looking to safeguard their home, business, or other investments from potential lawsuits, taxes, or disputes. Tune in to learn how trusts work, who should consider setting one up, and why planning ahead can make all the difference in preserving your financial future.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia dive into the essentials of balancing business finances, sharing strategies for maintaining financial discipline and setting clear expense limits. They discuss how to effectively reinvest in your business, manage cash flow, and prepare for revenue fluctuations without sacrificing long-term growth. Whether you're an aspiring entrepreneur or a seasoned business owner, tune in for actionable tips to build a financially resilient side hustle. For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Maia dive into the topic of achieving early retirement through real estate in 2024. They explore how rental income and capital gains from property investments can create passive income streams, potentially leading to a "trust fund life" without a trust fund. From understanding yields to ethical investing in non-residential properties, this episode unpacks practical strategies for securing financial freedom through real estate.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Welcome to Millionaire Diaries, where Sim chats with millionaires from the Girls That Invest community to uncover the secrets behind their success! Get ready to dive into their stories as they reveal how they turned their dreams into millions. From childhood influences to career strategies and investment insights, join us as we explore their journey to financial freedom.This week, Sim interviews Abby Packer, founder of Neat, about her journey from small beginnings to building a million-dollar skincare and fragrance business. Abby shares her insights on navigating imposter syndrome, financial discipline, and the challenges of growing a successful brand from a small town. Tune in for an inspiring conversation filled with actionable tips on overcoming obstacles and staying focused on business growth.You can find Neat Skincare and Perfumes here:WebsiteFor more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim and Maia dive into quarterly planning and share how tracking KPIs can transform your business goals into achievable milestones. From setting revenue targets to measuring impact through social media growth and newsletter subscribers, they reveal the tools they use to stay aligned and succeed each quarter. Tune in for practical insights on structuring your business with simplicity and effectiveness.⭐ Business KPI Template ⭐For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Maia discuss the concept of a "low-buy year" and explore strategies for managing spending without strict deprivation. From setting realistic financial boundaries to sharing their personal rules for cutting back on expenses, they offer actionable tips to help listeners reach their savings goals in 2025. Tune in to learn how to align spending habits with financial priorities and embrace intentional purchasing.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Maia dive into how to spot companies before they become huge, using Nvidia as a prime example of early investment success. They share three key strategies for identifying future winners, from analyzing research papers on emerging trends to evaluating market growth potential and university-backed innovations. Tune in to learn how you can apply these tips and possibly find the next big stock market success story!For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

Welcome back to Girls That Startup, a weekly series where we spill the tea on how to create a seven-figure side hustle - because no one saves their way to wealth. You’re joined by Sim, a seven-figure business owner, and Maia, an entrepreneur in the making.This week, Sim shares the key to long-term success in business, entrepreneurship, and investing: GRIT. She dives into why grit, more than intelligence or hard work, sets successful people apart and how determination can outlast talent. Tune in for practical advice and motivation on how to stay resilient, push through challenges, and build the life you’ve always envisioned.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.

This week, Sim and Maia dive into whether it's smarter to invest in European markets or stick with the US market. They compare the performance of the S&P 500 and Europe's leading stock indices, highlighting how the US has outperformed in recent years, while European markets offer diversity, sustainability, and better dividend yields. Tune in to explore the benefits of both markets and how diversifying your portfolio can help you invest for long-term success.For more Girls That Invest:Sign up for the weekly Stock Market Tea newsletterInstagramTikTokTwitterFacebook'Til next week, team! 💖 Hosted on Acast. See acast.com/privacy for more information.