Interview: Miranda Marquit, financial expert for PlantingMoneySeeds

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Miranda has widely been acclaimed for her financial knowledge and expertise. For all those who are finding it tough to cope with financial instability, Miranda has proven to be a ray of hope with her finance blog. She’s your perfect career guide.

Tell us something about yourself and your beautiful blogging journey.

>>> I started blogging for others so I could stay home with my son and earn money for my family. I had no idea it would turn into this amazing business that allows me to work from anywhere, and support my son. I fell into personal finance by accident. Now I have websites, business partners, and projects I love.

Were there any personal problems, which made you writing on personal finance?

>>> While I had debt when I started writing about money, it wasn’t what got me started. I was a science writer at the time, and someone asked me to write about money. I said yes, and it’s been one of the best decisions of my life.

How does saving money, differ from growing?

>>> Saving money is about setting it aside and mostly letting it sit. Growing money is about putting it to work for you. Use money as an asset to grow your wealth. With investment, your money does some of the heavy lifting.

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Tell us about your podcasts and your books.

>>> My most recent project is Adulting.tv, where my co-host and I talk about how to be a grownup in today’s world. We tackle social and financial issues, as well as career topics and personal development. I’m also involved with the MoneyTreePodcast.com, where we interview interesting people about their investment strategies and then talk about it in a roundtable format. My book, Confessions of a Professional Blogger, was written to answer the most common questions I receive about making money as a freelancer.

You do freelancing on so many niches, which niche you love the most and which one is the most challenging?

>>> Even though I started out as a science writer and I occasionally write about politics and religion, the reality is that I’ve become a niche writer in personal finance. When it comes to personal finance, though, I especially love writing about investing. I find writing about politics and religion most challenging because these subjects force me into greater self-reflection as I write, and that’s always a difficult (but rewarding) process when done right.

Do you feel bad when some of your best writings’ credit goes to others, in ghostwriting?

>>> Sometimes I do. A few years ago, I ghostwrote an op-ed for the Wall Street Journal. I wish I could have had the glory for that piece. It can be hard when something I write under someone else’s name goes viral. Even though I’m well compensated for ghostwriting, there’s still something about the recognition. Especially when sometimes I write something better for someone else than I write for myself. You labor so much over this great piece, and you are paid for it, but then you don’t have time to labor as hard over your own projects.

Miranda draws inspiration from?

>>> I draw a lot of inspiration from my experiences and the people in my life. I’ve been so fortunate to know amazing people, and to have great opportunities. These things inspire me every day.

Is Miranda career consultant along with financial consultant?

>>> I don’t do a lot of consulting, but I have done some of that work with freelancers looking to improve their prospects. While coaching isn’t my main focus, it’s something that I do on occasion.

How much saving is enough?

>>> It depends on your circumstances and your goals. In the end, you should build wealth and save money at a rate that works for you. The key is to determine your values, and then determine how much money and savings you need to meet your own goals and spend in a way that reflects your priorities.

Is education possible without student loan?

>>> It can be, but it takes planning and hard work. I know that I could have completed my undergraduate work without student loans. I worked part-time and had a full-tuition scholarship. However, I took student loans anyway. Today, a combination of tactics, including saving ahead of time with a 529 or other account, working, and looking for scholarships, can be used to pay for college without student loans.

Share some financial tips for our readers.

>>> My best tip is to start with your values. View your money as a resource that can help you reach your goals and live the life you want. When you spend according to your own personal values, you have a healthier relationship with money, and you waste less on things that don’t matter to you.

Miranda’s sites: PlantingMoneySeeds.com, MirandaMarquit.com, Adulting.tv, MoneyTreePodcast.com