Do You Know...Alexa Von Tobel

by: Alana Baumann | September 5th, 2017 | Personal Finance


Quick Facts:

  • She is the founder and CEO of LearnVest.com which is a personal finance website aimed at helping women with personal financial guidance.

  • She began her career working at Morgan Stanley and later left to launch LearnVest.

  • Her estimated net worth is $100 million.

 

Her 10 Money Principles to Live By:

  1. Follow a budget. Live beneath your means.

  2. Create a budget for yourself and always try to spend less money than you may have.

  3. Be debt free. Pay cards in full.

  4. Make sure to pay all credit cards in full when they are due and try to be as debt free as possible.

  5. Have an emergency savings account.

  6. Try and create a savings account that you can build on in case of emergencies. It’s better to be safe than sorry.

  7. Negotiate salary.

  8. Don’t be afraid to negotiate a salary with a future employer and know your worth. Don’t be skipped out on money you could’ve been earning.

  9. Save for retirement-now.

  10. I know you may be thinking that retirement is a million years away, but it’s always best to start saving as early as possible rather than later. The more money you have saved up the sooner you’ll get to retire.

 

Quotes:

  • “I always remind myself tomorrow could be harder. Don’t relax.”

  • “Having command over your finances is really critical to being the person you want to be.”

 

Fun Fact:

She eats the same thing every day.

 

Originally from New Orleans, LA, Alana Baumann is currently a junior attending the University of Alabama at Birmingham majoring in Accounting and minoring in Marketing. She is actively involved in the UAB community as a Resident Assistant, Her Campus Correspondent, Black Student Awareness Committee member, and member of the National Association for Black Accountants. She is currently a Marketing Intern for Legacy Community Federal Credit Union. In her spare time, she enjoys spending time with her friends and family, reading, and going on adventures with her friends.

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