We had the good fortune of connecting with Taryn Ferrer and we’ve shared our conversation below.
Hi Taryn, what was your thought process behind starting your own business?
The primary intention for starting Money Honey LLC was to teach women what I wish I was taught about money and the mindset to accumulate wealth. Learning how to manage money, reach financial goals, and invest gave me confidence to pursue every dream I desire. I love seeing that transformation in the women I coach.
Can you give our readers an introduction to your business? Maybe you can share a bit about what you do and what sets you apart from others?
What sets Money Honey apart from other financial coaching businesses is two things: 1. We believe finances should be fun. 2. We combine the practical personal/business finance techniques with the mindset and energetics around money. When you grow in both areas, your wealth grows exponentially. Getting to where I am today required resilience, persistence, and intentional work around my limiting beliefs. It hasn’t always been easy, but it’s been so rewarding. Starting a business where you teach what you’ve overcome means I have personal experience with the financial education I provide. I’ve had the credit score in the low 500s. I’ve experienced my accounts being in overdraft by hundreds of dollars. I’ve felt the shame of drowning in debt and feeling financially stuck.
Along the way I’ve learned the importance of giving yourself grace and focusing on one goal at a time. You did the best you could with what you knew at the time and when we can acknowledge that within ourselves, we release the chains of guilt and shame. As a high achiever, I desire accomplishing all the goals! However, trying to accomplish all of them at once doubles the time to achieve them. I’ve learned that the skills I gather in the journey to reach one goal can be applied to the next one which shortens the learning curve a little bit.
I’d love for the world to know that Money Honey adds flavor and life to personal finance. We inspire you to become your wealthiest self. Being your wealthiest self is more than the money. It’s how you use it to design the life you desire and make a greater impact in this world.
Any places to eat or things to do that you can share with our readers? If they have a friend visiting town, what are some spots they could take them to?
Well, if you’re in LA you’ve got to go to the beach! I enjoy all of them except for Santa Monica lol. Beach day and a sunset cruise in Marina del Rey. We would go to my favorite brunch spot in Downtown LA, Poppy & Rose for bottomless mimosas and tasty food. I’d take us to Malibu for some wine tasting and lunch on the beach at Paradise Cove. I’m a huge Dodgers fan so we’d have to go to a baseball game. Dodger Stadium is one of my all time favorite places. Not directly in the city but a trip to Glen Ivy Spa would also be on the list. We’d fit in Teddy’s Tacos, ice cream from Salt & Straw, Sugarfish, and Osteria Mozza.
Who else deserves some credit and recognition?
Secrets of the Millionaire Mind by T. Harv Eker was the first financial book I read where I decided to complete the mindset exercises in the book. Completing those prompts opened the door to understanding how mindset and our money story plays a huge role in how we experience money. My husband, Jordan Ferrer, has supported my entrepreneurial journey every step of the way. He encourages me, celebrates my business wins, and holds space for me as I grow into better versions of myself.
Jordan Ferrer Daniel Christopher