Welcome to Six Questions! It is a new feature where we’ll ask different people from various walks of life the same six questions. I expect that each person
will bring something unique to a standard set of questions. Today’s guest is Shari McGuire. I’ll let her introduce herself momentarily.
As you read through this Six Questions interview and all the previous interviews, I hope your thinking is sparked. That as you hearÃ‚ new and different perspectives you will be prodded to think about your own relationship to money.Ã‚ The views of our guest do notÃ‚ necessarilyÃ‚ reflect the views of Pocket Your Dollars.com or its staff, but are a springboard for thought and respectful discussion.
If you’d like to be featured in a Six Questions column, email me to express interest.
Now to Shari…
Introduce yourself in 75 words or less
My name is Shari McGuire and I help people put three or more hours back in their day through my business Shrink Your Work WeekÃ‚ using the same techniques I implemented to put 1200 hours back in my year.
I am a coach, speaker and author of Take Back Your Time.
I have been happily married to my husband Jim for 17 years and we have a six-year old son Trevor who keeps us young. (PocketYourDollars here: I met Shari because our kids were in preschool together in the 2010-11 school year. At that time both our husbands were stay-at-home dads [mine has since gone back to work].)
What money issue are you dealing with in your life right now
Several years ago I walked away from a six figure corporate job to start a business with no financial safety net in place. My husband is a stay-at-home-dad so the stakes were incredibly high. My business ultimately failed and not before we racked up tens of thousands of dollars in debt that we are now concentrating on paying off.
One thing you learned about money while growing up that has stuck with you into adulthood
Saving money by buying items on sale. And not just to save money; to give a better gift. Let’s say I have a budget of $30 for a gift. My mom taught me to find something that cost more than $30 and is now on sale for $30; then I can gift something even nicer than my budget would allow. Sometimes when I come home after finding a particularly good bargain, my husband will tell me, “you sound just like your mom.”
One thing you didn’t learn at home about money, but wish you had
How to be patient and wait for money to come in the door before spending it. For example, many years ago I interviewed for a job and was told I would have a job offer with a signing bonus later that week. My husband and I got excited and bought a big screen TV (the old behemoth kind) before the job offer was made.Ã‚ When the job offer didn’t come due to management restructuring we were stuck making payments on a TV we couldn’t afford.
Name your favorite money tool, resource or book?
I’m grateful to PocketYourDollars for her book Pocket Your Dollars as she inspired me to take an honest look at our spending and get serious about paying down the debt I mentioned earlier. I also love Dave Ramsey’s Total Money Makeover. We’ve actually paid off all our debt, except our mortgage, once before using his plan. If only we hadn’t kept a couple credit cards in the cupboards for a safety net….
What’s one piece of money advice you wish every American would follow?
Set aside six months worth of expenses in a savings account and budget for ALL expenses you might encounter during the year. For example, my son’s big bash birthday party comes once a year and we set aside a small amount of money each month to make paying for it painless.
If you’d like to learn more from Shari Ã‚ she’s offeringÃ‚ you a complimentary copy of her 20 day time management video course (a $100 value).
It’s PocketYourDollars again wondering how you can relate to these six answers to our six questions.