In this episode of the Unicorn Millionaire Podcast, I take you behind the scenes of why I'm strategically carrying $18,000 in business debt, why I'm not paying a penny in interest, and how that decision allows me to invest more, grow my net worth, and take three-week vacations every quarter, nearly two months off every year, without sacrificing my business.
You’ll learn:
- Why I'm intentionally carrying $18,000 in business debt, and why paying it off immediately isn't always the smartest financial move.
- How I use an Employer Identification Number (EIN), business credit cards, and 0% APR offers to improve cash flow, build wealth, and avoid unnecessary interest.
- How to separate your business and personal finances so you can make financial decisions like a CEO, not from fear.
- How to build a business that gives you more time, freedom, and peace of mind, while continuing to grow your wealth.
If you're a business owner with money in the bank, but you're not sure whether to invest, pay off debt, or keep cash on hand, this episode will help you think strategically so your money creates more freedom today, not just someday.
🎙️ I'm Charly Stoever, a queer Latinx money coach, former stockbroker, and founder of @Travelercharly Money Coaching. I help LGBTQ+, BIPOC, first-gen, neurodivergent people, and business owners optimize their cash, credit, debt, and investments so they can build wealth, retire early, and create more freedom, without needing to make more money.
Book a 1:1 money coaching call, subscribe to my Dom Your Dinero emails, and hire me for public speaking here: https://linktr.ee/travelercharly
