When you aspire to be a successful home stager, drowning in debt is not a good place to be.
You should only borrow money to pay for things that will help you make money.
In other words, borrow only to invest in your success.
You already know that it’s not a good idea to drown yourself in debt, but when you borrow money to improve your future, it is not a debt so much as an investment.
Invest in your home staging education
Your education is worth investing in because it can help boost your future income. If you need more information to help you become successful, it’s worth investing in that rather than wasting months, if not years, trying to figure it all out on your own.
Invest in marketing your home staging business
No matter how talented you are as a home stager, if potential clients don’t know about you, you will never have a business.
Invest in buying or leasing a vehicle if you don’t already have one
As a home stager, you’ll need to be able to get to and from your clients and suppliers.
That said, when you follow the business model I share in the Staging Diva Training Program, you WON’T need to buy any of your own inventory. So that means you’ll be moving less stuff than you might imagine. Perhaps you can make do with taking an Uber or using a ride share company when you really need a car.
Invest in a home that’s within your current means
Bigger isn’t always better. Make sure your accommodations are affordable now and in the future— even if your mortgage interest rate eventually goes up.
Too many aspiring home stagers tell me they’ll invest in the Staging Diva Training Program when their finances are better. Well how will your situation change if you’re not learning how to do anything differently?
Sometimes the answer isn’t saving more, it’s EARNING more!