AREI 32: How You Can Protect Yourself From An Unexpected Job Loss with Roschelle McCoy
How can you protect yourself from an unexpected job loss? Today’s guest, Roschelle McCoy talks about that in this episode. Roschelle has been investing in real estate since 2017 and currently controls over $1M worth of real estate assets in central Illinois. She has spent her 20-year business career focused on building and executing strategic marketing plans, consulting on digital marcom technologies, communications, and influencing the adoption of a new content management system across a complex matrix of diverse, global marketing teams. In her spare time, she’s a dedicated volunteer and advocate for St. Jude Children’s Research Hospital and the St. Jude Runs organization, helping to fundraise over $112K since 2011.
In this episode, Roschelle tells us how she was able to protect herself and her family from the negative effects of an unexpected job loss. She talks about why it’s important to have conversations about finances and spending with your children and other family members. Roschelle also talks about making an impact on children’s lives by joining and organizing running events.
[00:01 - 06:17] Opening Segment
Welcoming Roschelle to the show
Why Roschelle decided to start investing in real estate
[06:18 - 21:11] Protecting Yourself from an Unexpected Job Loss
Why you always need a backup plan
The importance of having tough conversations about finance
Pivot, don’t panic
How your reaction to situations impacts your children
Controlling your spending
[21:12 - 28:52] Making an Impact Through Running Events
Roschelle talks about her love for children
Her experience in the Chicago to Peoria Run
Raising funds for St. Jude Children's Research Hospital
[28:53 - 35:16] Closing Segment
Asking Roschelle the Adventurous Four
How you can connect with Roschelle
Memorable Quotes:
“Go take some action. Figure out what it is that you need as your backup plan in terms of whether that's a type of career or the amount of money you need. Go figure that out, put some time and thought into it because it's really important. You don't want to be in a position where you're stuck.” - Roschelle McCoy
“Even if you're in a position with your family, your careers, and where you are finance-wise, it's so good to instill those lessons in kids, that money doesn't grow on trees. It just doesn't flow freely. It has to come from somewhere. It has to be earned, and you have to work hard for it.” - Roschelle McCoy
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Until next time...
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