THE STYLIST UPGRADE RELAPSE & HOW I LEARNED TO SAVE

As hairstylists, when we begin earning good money, we tend to fall into a “Stylist Upgrade Relapse.” That’s when our expenditures grow as our clientele grows. So we go from broke to ballin, and then to uprgrade EVERYTHING! The cars, the furniture, the bags – going from Coach to Chanel. And when your desires and correlating expenses go up just as much as your income, you can still end up in an unprofitable rat race.

But when I broke the cycle and implemented The Law of 40 which begins with SAVING 40% OF YOUR INCOME) I began rolling into a wealth building regimen that intend to serve me and my family for generations to come. 

Stay tuned for my financial empowerment success camp webinar series for hairstylists, “The Next Wave” – and follow me on Instagram @pekelariley.com