Jan. 30—It was Simply a few yrs in the past when Spokane Valley resident Kumiko Love overcame hundreds of dollars in debt from scholar loans and Financial institution card funds.
As a divorced-single mom making $24,000 a yr, Love’s defining second To vary her monetary habits occurred after she paid for her son’s $1.09 ice cream cone with a Financial institution card at a McDonald’s drive-by way of.
In 2016, she based The Price range Mom weblog to doc her monetary journey and eradicated Greater than $77,000 in debt by Making a “budget-by-paycheck” method.
The Price range Mom grew into An monumental group with hundreds of hundreds of social media followers and a enterprise That provides completely differents with assets to deal with debt, monitor funds and create budgets.
Love, an accredited monetary counselor who went from residing and working The Price range Mom from her Spokane Valley house to dwelling debt-free in her dream house that she paid for in money, is now Making an try to further increase her revery of serving to completely differents obtain monetary freedom.
Love is releasing private finance how-to e-book “My Cash My Method: Taking Again Administration of Your Financial Life” Feb. 1 by way of Ny-based mostly Penguin Random Home, Definitely one of many world’s largest e-book publishers.
Love is scheduled To seem on Good Morning America on Wednesday To debate the e-book. She earlier thanhand shared budgeting suggestion on Good Morning America in 2019, Collectively with displaying on the Right now current, CNN and Inside Version.
“All this content material I’ve put out into the world That is sporadically on YouTube, Instagram, all these completely different places — It truly is all On this e-book,” Love said. “I even go into issues that I do not Converse about Pretty typically Similar to retirement, investing, debt payoff, saving and my budget-by-paycheck method.”
“That might not Solely a budgeting e-book, this is an general monetary plan basis That you merely’re going To assemble your self after studying this e-book,” she added.
The e-book provides readers with a step-by-step plan to take control over their funds Regardless of debt or income diploma.
Through tales of navigating divorce, recessions, evictions, layoffs and extra, readers will Uncover methods To make the most of emovements to their monetary benefit, create a budget based mostly on exact-life circumstances and launch a motivating debt payoff plan.
Love said her choice To write dpersonal the e-book was prompted by The Price range Mom group.
She started writing the e-book Through the pandemic, shortly after opening The Price range Mom headquarters at 414 N. Julia St. in Spokane.