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cover of episode 1835: Rebuilding After Divorce, Debt, and a Pandemic: One Woman’s Financial Comeback

1835: Rebuilding After Divorce, Debt, and a Pandemic: One Woman’s Financial Comeback

2025/6/4
logo of podcast So Money with Farnoosh Torabi

So Money with Farnoosh Torabi

Shownotes Transcript

Today we're exploring how financial literacy changed a person's life. Our guest is Elizabeth Cronise McLaughlin — former Wall Street lawyer, leadership consultant, single mom, and founder of The Gaia Leadership Project.) From the outside, her life looked picture-perfect: elite career, national media appearances, a thriving business. But behind the scenes, Elizabeth was battling deep financial insecurity, credit card debt, and the emotional weight of divorce and single motherhood — all while running a nearly 7-figure company.

In this deeply personal and powerful conversation, Elizabeth opens up about hitting financial rock bottom during the pandemic and the mindset shift that pulled her out. She shares how investing in financial education helped her pay off $50,000 in debt in six months, build emergency savings, and teach her children what she was never taught: how to talk about — and take control of — their money.

To learn more about BudgetDog), click here and say you were referred by Elizabeth!