Real Stories Ep 59: Dreams to Dollars: Dr. Darla Bishop
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As a young woman, Dr. Darla Bishop had her heart set on attending her dream college, the University of Michigan. But there was one major obstacle: how would she afford it? Just days before the semester began, an unexpected envelope arrived, changing her life forever.
Throughout her college years, Darla developed a voracious appetite for financial knowledge. She discovered that she was just as capable as her wealthier peers. Empowering herself with financial literacy became her game changer.
Not only did Darla unlock her own financial potential, but she also became a beacon of guidance for others. Her journey reveals that the emotional aspects of money are far more significant than the numbers.
Learn more about Dr. Darla Bishop at www.howtoaffordeverything.com
Key Moments
2:42 Darla talks about her experience with money growing up, including how money got tighter after middle school.
4:12 She has a transformative experience going to a summer program in high school.
6:23 Money obstacles almost prevent her from going to her dream college.
9:12 Her money curiosity leads her to books and mentors to increase her personal finance knowledge.
11:53 A blown tire gives Darla insights into her psychological patterns.
17:21 Her decision on which apple to buy becomes a money lesson.
19:51 She reflects on how the emotional aspects of money are so much more important than the math.
21:39 She transforms her mindset around money.
25:30 She recounts how she determined how much money she’d need to balance her budget and reach her debt repayment goals.
30:45 Darla shares some financial tips.
33:50 She gives advice for other military spouses.
37:15 She considers her future financial goals.
46:27 Our co-hosts reflect on themes from Darla’s story.
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