Interview with Michelle from Making Sense of Cents

Want to make more money? Michelle is an expert at that, making over $100,000 per month while traveling the world. Check out my interview with her to hear her personal finance advice for millennials and what you should be focusing on right now!

Interview with Michelle from Making Sense of Cents

Interview with Michelle from Making Sense of Cents

Michelle from Making Sense of Cents was definitely been a big inspiration for me when starting my own blog on money.

She has had phenomenal success with her blog and now makes over $100,000 per month while traveling the world.

If you haven't been following her blog, definitely check it out at, it's a great read.

I think you'll find some great bits of wisdom in her responses. Enjoy!

Michelle from Making Sense of Cents

Michelle from Making Sense of Cents

What are your favorite books related to money?

My favorite right now is Broke Millennial.

What are your favorite apps related to money?

My absolute favorite money app is Personal Capital.

What is the worst money advice you hear?

The worst money advice is one that I still remember quite vividly.

This particular person who was handing out this advice took out around $40,000 in student loans each year at interest rates of around 6% to 8%. They did it for around 5 or 6 years, so they have a significantly large amount of loans. Thing is, they've never gone to an extremely expensive school. They would take around $10,000 out for actual school purposes each year, and then they spend all the leftover money on vacations and multiple timeshares (they don't use any of it for living expenses, as they work full-time and use that income to live off of). Their other top piece of advice was to buy lots of timeshares. So, they would spend around $30,000 a year from their student loans on having “fun.” Nope, I'm not even kidding! My mouth dropped. I didn't even know what to say. Sad thing is this person was telling other people to do the same and giving out this awful financial advice to others.

What is #1 thing people should do today for a better financial life?

Find ways to make extra money!  Earning extra money can improve your financial life in ways such as: It may help you pay off your debt; It may help you save for things such as a vacation; It may help you stop living paycheck to paycheck; It may help you reach retirement sooner; It may help you not feel as stuck at your job; It may help you to become more diversified. 

And, everyone has extra time. I always like to point out that the average person watches over 30 hours of TV a week - that's time where you could be side hustling instead!

Did you overcome any personal failures to get where you are today?

Yes! Lots. I've been on my own since I was a teenager and my father passed away (no inheritance or life insurance was received, as I know that is what some people think). Due to that, I made a lot of money mistakes such as living paycheck to paycheck, taking out a lot of student loans, spending too much money on food and clothes, and more.

What was the turning point in your life to become financially successful?

Paying off my student loans! I paid off my student loans in 7 months, and that threw me into finally managing my money better because of all the hard work that it took to pay off my student loans. I didn't want to make that mistake again!

What is the most worthwhile investment you have ever made?

Investing in my blog, Making Sense of Cents. In 2013, I believed in myself and left my day job as a financial analyst to blog full-time. That's definitely the biggest leap I've ever made in myself and my career, and it has definitely paid off.

How can people follow and get in touch with you?

You can find me on:             

    •    Making Sense of Cents

    •    Instagram

    •    My free Facebook community