Luzy King went from growing up with very little, moving 28 times before she was 18, and cleaning hotel rooms to becoming a multimillionaire.
In this episode, we talk about how she changed her relationship with money and the decisions that helped her build wealth. From taking out a business loan and investing in the stock market to hiring a business coach, creating multiple income streams, and starting investment accounts with just $50.
We also get into what it means to become the wealth builder in your family, especially as a Latina. The guilt, people pleasing, family expectations, setting boundaries, and learning that you don't have to save everybody.
About Luzy King
Luzy King is a wealth educator, entrepreneur, investor and the author of Cash Libre. After growing up with housing instability and starting her career as a hotel housekeeper, she worked her way into leadership managing multimillion-dollar hospitality properties before building businesses and becoming a multimillionaire. Her work is focused on helping Latinas change their relationship with money, build wealth and see themselves as owners and investors.
Follow her on Instagram: https://www.instagram.com/theluzyking/
Linkedin: https://www.linkedin.com/in/luzy-d-king-cpfi-mba-78b366b2/
Buy here book - Cash Libre
In this episode:
02:15 — Moving 28 times before 18 and the money beliefs Luzy grew up with
03:50 — Creating the “Cash Libre” identity and asking a bigger question: Why do I want money?
06:06 — The workplace moment during pregnancy that led Luzy to discover financial anxiety and money trauma
10:14 — Growing up with a single mom, choosing a different future and using education as upward mobility
11:27 — Starting as a hotel housekeeper and intentionally changing what she consumed when she couldn’t change her environment
13:18 — Going from cleaning rooms to the front desk—and refusing to wait for someone to pick her
16:53 — One of Luzy’s riskiest wealth moves: leveraging debt to enter the stock market
21:15 — Deciding she would become the first millionaire in her family
23:59 — Building wealth through a 401(k), spousal Roth IRA, solo 401(k) and investment accounts for her children
28:17 — Why Luzy says investing $3,000 in a business coach was actually the smartest wealth move she made
31:27 — “How you do anything is how you do everything” and Luzy’s philosophy of going all in
36:57 — The money mindset Luzy believes Latinas need to throw in the garbage
37:23 — People pleasing, unpaid labor and saying no to activities that don’t produce income
44:33 — Becoming a multimillionaire and dealing with the guilt of being the wealth builder in your family
45:40 — Boundaries, family expectations and separating your life from the sacrifices your parents made
48:31 — Giving family money without trying to control what they do with it
53:02 — Why Luzy no longer loans family money—and what she does instead
53:57 — Normalizing wealth before you have it
57:38 — Where to find Luzy and learn more about Cash Libre
