In 2023, Natalie Fisher made a bold decision to transition from a $100,000 salary job to becoming a full-time finance creator. Her journey is not just about breaking barriers but also about inspiring others to pursue their passions and achieve financial independence.
Transitioning from a stable corporate job to the uncertain world of entrepreneurship was not without its challenges. Natalie spent over three years honing her skills in content creation while balancing a demanding 9-5 job. This period of preparation equipped her with the necessary skills and confidence to make the leap into full-time content creation.
How much money can you make as a creator?
In 2023, following her decision to leave her job, Natalie made a significant gross profit of $107,000. Remarkably, approximately 80% of this income stemmed from her content creation endeavors, primarily focused on generating User-Generated Content (UGC) for fintech companies.
While her income hasn’t seen a drastic increase, Natalie’s transition has empowered her to become her own boss, pursuing a passion she genuinely enjoys. This shift underscores the freedom and fulfillment that can accompany embracing entrepreneurship and following one’s passions in the digital era.
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How Natalie transitioned to a full-time creator and still kept her finances in check
One of Natalie’s key strategies for success was diversifying her income streams. Recognizing the fluctuating nature of sponsorships and brand deals, she focused on building a safety net by ensuring multiple revenue streams.
A financial safety net is a sort of cushion of savings and resources designed to protect you from unexpected expenses or income loss. Building one is crucial for achieving financial stability and peace of mind.
Many people build safety nets by creating an emergency fund, setting aside a set amount for a savings account, or diversifying income streams.
In Natalie’s case, she strategically cultivated income streams that provided both stability and growth potential – from client services to affiliate marketing and digital product sales.
But Natalie’s journey wasn’t just about financial success; it was also about forging meaningful partnerships and advocating for inclusivity in the finance space. She prioritized collaborations with brands that shared her values and mission of promoting financial literacy and empowerment. Through open communication and collaboration, Natalie established herself as a trusted voice in the industry.
That said, Natalie’s journey has met its fair share of challenges. As a female content creator in a male-dominated industry, she faced criticism and online harassment. Despite the negativity, Natalie remained resilient, using her platform to advocate for stricter policies and foster supportive online communities.
Natalie continues to remain steadfast in her commitment to authenticity and transparency. By sharing her personal finance journey alongside educational content, she has forged deep connections with her audience and inspired others to do the same.
Her advice to fellow creators is simple: embrace your unique voice and share your truth!
3 Tips from Nat to achieve financial independence
Let’s break down Natalie’s three essential tips for building wealth and achieving financial independence.
Tip #1: Give yourself a pay bump
In today’s economy, achieving financial independence often takes more than just your 9-to-5 salary. Sure traditional career advancement remains important, but savvy individuals increasingly recognize the value of diversifying income streams and finding creative ways to boost their earnings beyond their primary job.
One helpful tip is to explore side hustles. Whether it’s a freelance gig, a part-time job, or a side hustle, these extra sources of income can significantly boost your financial well-being. You could also consider asking for a raise at work or finding a new job in your field that pays more.
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Natalie, for example, ventured into UGC (User-Generated Content) creation alongside her regular job, which not only supplemented her income but also helped her build a valuable personal brand.
Tip #2: Make SMART financial goals
Everyone should have clear financial goals, but it’s also crucial to make them SMART.
- Specific: Clearly define what you want to achieve. Instead of a vague goal like “save more money,” specify “save $20,000 for a down payment on a house.”
- Measurable: Quantify your goal. How much money do you want to save or earn? By when?
- Achievable: Be real with yourself and only set realistic goals based on your income, expenses, and financial situation.
- Relevant: Ensure your goals align with your overall financial objectives and lifestyle.
- Time-bound: Set a deadline for achieving your goal. This creates a sense of urgency and can help you stay focused.
For example, instead of simply saying “I want to reduce my debt,” a SMART goal would be “I will pay off my $3,000 in credit card debt in 10 months by putting $300 a month towards it.”
MoneyLion has tools that can provide valuable insights into your spending habits, identify areas for savings, and even help you keep track of your progress toward your financial goals.
Tip #3: Celebrate financial wins
It’s easy to get caught up in the every day and forget to take a moment to appreciate your progress. That said, recognizing and celebrating your accomplishments is fundamental to helping boost your motivation and stay on track.
When you reach a financial milestone, no matter how small it may seem, take the time to celebrate your success. Whether it’s treating yourself to a small reward, sharing your achievement with loved ones, or simply taking a moment to reflect on your progress. Make sure to soak in the boost of confidence and keep killing it!
Natalie’s financial blueprint on building wealth one step at a time
Natalie’s journey to financial independence serves as a powerful inspiration for anyone seeking to improve their financial situation. By implementing strategies like increasing her income, setting SMART goals, and celebrating her wins, Natalie was able to achieve her financial dreams.
Remember, financial freedom is attainable – but it requires the right mindset, planning, and dedication.
Natalie has been a proud MoneyLion partner creator since 2023. Follow her on the MoneyLion App, Instagram, TikTok for more inspiring content and empowering narratives.
