Frederick and Josephanie Buffington are a beautiful testament of this notion. During our discussion, they humorously walked me through how they connected, their immediate attraction, and how they’ve been able to passionately follow these feelings all the way to the altar. The couple attributes their exciting new marriage to discovering who they were individually and knowing what they desire from partnership prior to meeting. Check out their story below.
How and where did you two meet?
Frederick: Well, I’m a Southern gentleman from Arkansas. It’s not really my thing to get into dating apps and stuff like that. But after being in Atlanta for a while and talking to a friend from the area, she explained why she deals with them, and it made sense to me. So I gave it a try, and it failed about eighteen times (laughs). But when I was on the verge of hanging it up, a pretty little thing popped up on my screen.
Josephanie: I actually got on the app that day to delete it. I was like, I’m done with this, and I don’t want to do this anymore. But I saw him and was like, let’s wait a second. And he sent me a message, we matched, and the same day he called me. We ended up talking on the phone for like seven hours, and that was like it for us.
"I actually got on the app that day to delete it. I was like, I’m done with this, and I don’t want to do this anymore. But I saw him and was like, let’s wait a second. And he sent me a message, we matched, and the same day he called me. We ended up talking on the phone for like seven hours, and that was like it for us."
Were you attracted instantly, or did it develop over time?
Josephanie: No. Nah, I’m just kidding – I was always attracted to him.
Frederick: Yeah, she has always been this fine.
xovelshee/ Instagram
Walk me through the courtship. Did y'all ever have that awkward “what are we convo, and who initiated it?
Josephanie: No, we didn’t have that conversation. Because it went so fast, after date three, we decided we were doing this.
Frederick: By then we had talked about life goals and everything enough that we realized if we went different ways, we would be stupid.
And what made you want to commit to a relationship with one another? How did you know it was special?
Josephanie: Because it went so fast. It was like a whirlwind, and usually, I steer clear of those. But this was fun, intense, and energy-filled. So I was like, let’s just ride this wave and see where it takes us.
Frederick: Yeah, and we ended up here. I’m really picky about everything. For me, it was like 2-3 weeks in when I realized she wasn’t getting on my nerves, so I knew it was something there. It sounds funny, but I’m serious. Like, I used to get to a point in dating where I’d start thinking a woman breathed funny or just something random would turn me off. This was different. I was just enjoying it. And still, no matter who I’m in the presence of or who approaches me, I just don’t see anything trumping this.
"It was like a whirlwind, and usually, I steer clear of those. But this was fun, intense, and energy-filled. So I was like, let’s just ride this wave and see where it takes us."
xovelshee/ Instagram
Speaking of time, what do you do to keep the relationship spicy?
Josephanie: That’s all me. (laughs)
Frederick: That’s where her career as a sex therapist comes in. (laughs).
I love that approach. I’m curious what did you two learn in your single season?
Josephanie: I got to know myself and put emphasis on my intrinsic value. It’s not about 'what I’m bringing to the table.' It’s about who I am as an individual, and what my value is, and where my value lies. That’s not about what I’m doing but who I am.
Frederick: Yeah, I figured out who I was before I got with her, too. Outside of social media and what your friends/family think, it’s important to figure out what you like because, ultimately, you’re going to have to live with that decision. So know who you are and let them know who you are. During my single season, I took the time to really know myself and I focused on what I like. Again, I’m picky. So, I had to figure out what I really liked before I drove someone else crazy. And then she was patient with me, so I ended up making a good choice (laughs).
xovelshee/ Instagram
What was the biggest challenge that you had to overcome together?
Josephanie: I recently had surgery. So, I had 64 fibroids, a major abdominal myomectomy. I couldn’t do anything for myself, and he was there 24/7. I was in the hospital for 5 to 6 days, and he slept on the floor the whole time.
Fredrick: And those floor mats were not there for everybody. Her mother was there too – shoutout to her mother. That was definitely something very challenging that we got through together.
Finally, what’s your favorite thing about each other?
Frederick: Her booty. No, I’m just playing. I’ll give it to you in order: her confidence, intelligence, humor, and then the booty and smile.
Josephanie: My favorite thing about him is that he is the epitome of Black boy joy. He’s always laughing, he’s always smiling. There’s always jokes. His personality radiates. You can’t help but want to be in his presence.
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Fast forward to today, she’s a newlywed, known for her “pretty conferences,” and works with a group of trusted contractors. Her clients range from thought leaders to speakers, business coaches, and more. OneTouch also hosts celebrations of love, like weddings, general events, and more. Actually, they just secured their first national brand with the beloved fast food chain, Whataburger, planning and managing the chain's 1000th grand opening during its expansion throughout Georgia.
It all seems so simple, right? But my thoughts on stories like this are always, how? It’s like, okay, that sounds cool, but– how did you keep paying your bills in the beginning? Or friends and family are one thing, but when did you start finding consistent clients? Well, in this conversation with xoNecole, Jillian broke down the importance of investing in yourself, financial literacy, and how having a clear vision for your life helped her tangibly turn her goals into a reality.
Can you share some of the experience you gained from previously working in corporate America? What did you take with you to OneTouch Events?
I previously worked for Accenture, a Fortune 500 consulting firm, and it’s where I learned people and process management, organizational structure, and business methodology. It was very rigorous and fast-paced, and I was often the only Black person or woman in the room.
But I brought all of my experiences to OneTouch. It’s a boutique firm, but we run it like a Fortune 500 company. For example, before I advertised anything, I had all of our systems built. We had two websites and a clear methodology. From my entry-level roles to manager level, I took a lot of those skills with me.
Jillian Smith
Photo by Andre Brown
Congrats on the current success of the business, but can you talk to me about the financial struggles you endured starting the process? Let’s take it from the top.
I experienced all the things that no one tells you about running a business. First, I created it while still working at Home Depot corporate. When I made that first leap, I didn’t understand cash flow. I just didn’t know what it took to continue running my business, paying bills, and how to structure contracts and invoices. My first financial blow was in that first couple of years. I mean, I had to actually use my 401k to pay bills.
There’s a notion that says, "You have to spend money to make money,” but I learned you have to invest to make money.” And that’s when things changed for me – I paid for a business coach. They taught me how to structure contracts, payments, and etc. There's a lot of free knowledge online, but sometimes those avenues don’t actually teach practicality and what you’ll need to work through. I knew the main elements because of my knowledge base, but I still needed to be educated by someone who understood the industry.
There’s a notion that says, "You have to spend money to make money,” but I learned you have to invest to make money.” And that’s when things changed for me.
What is the best and worst business advice you’ve ever received?
The worst is that you should pay attention to your competition. The reason I say that is because I work better with blinders on. I believe when you pay attention to others, you start to pigeonhole yourself. Our competition is us.
The best piece of advice is to take time to be grateful. Gratefulness has been lost in business and life. Success, business, and life isn’t promised. There are so many people that pour into us and we just have to be grateful for them.
Do you have any money mantras you practice or hold to?
On the productivity side, I’d have to say my “Money Mornings,” which is all about being first. If we’re the first to respond, the first on the books, the first consultation – usually we’ll be there first to the table. Don’t be afraid to start early.
When it comes to affirmations, I’m more biblically based, so for everything, I turn to Proverbs 3:5-6, 'Trust in the Lord with all your heart, lean not on your own understanding. In all your ways acknowledge Him and He shall direct your paths.'
Yes, I love that. Earlier, you mentioned a bit on investing; I’d like to dig into that. What does it look like for you, professionally and personally?
I’ve always looked at life transactionally. Because of that, I invested a lot in the business – I always wanted us to have updated technology and practices. I mean, I invested in a brand designer, business manager, and bookkeeper. My website isn’t just pretty, it brings in a strong ROI (return on investment).
But personally, I actively invest in self-care. It’s something we put on the back burner until you start feeling it in your body. High blood pressure, strokes, and heart attacks are real things. The event planning industry is one of the top 5 most stressful fields. It took me a while to understand the importance of self-care. But now I know you have to take care of yourself before you can take care of others. My gym membership and health is very important.
Would you consider yourself a saver or a spender?
I am a saver. I actually need to spend more on myself. I’m very conservative when it comes to my finances.
I feel like you are in the minority with that answer. Have you always been good with money?
Actually, yes. I can remember being in high school wanting a pager, and my parents told me they weren’t paying for it. I literally got a job and bought my own. So, I’ve kinda always been like that for as long as I can remember, very goal-oriented.
Jillian Smith
Photo by Andre Brown
Do you have any budgeting tips for us then?
Most of us come out of college with a lot of credit card debt. So, the first recommendation is to get comfortable with how you spend and your balances. I had a spreadsheet with each card with line items and percentage rates, and I just started paying the highest down. But I also saved at the same time. If you’re new to saving, starting with a high-yield online account helps, too. Just start small. It could be $50 to auto-transfer every month, and it’ll grow it over time.
"If you’re new to saving, starting with a high-yield online account helps, too. Just start small. It could be $50 to auto-transfer every month, and it’ll grow it over time."
Out of curiosity, what’s your go-to splurge?
I love a spa. But not like the basic ones. Like, I’m going to the Four Seasons. And also, I don’t really cook a lot, so yes - I’ll eat out. I’m on Zoom like all day, every day, taking meetings, so those are my necessary splurges.
And have you reached your goal? If not, what’s next?
I’m insatiable with my goals, so no – they just keep growing. But a long-term one is to open up my own event facility, that’s in a nice area in the city. I want to be able to compete with some of the top venues in Atlanta.
It’s giving luxury. Finally, can you break down how you define wealth?
I’d define wealth as finance and fulfillment. In finance, it means OneTouch Events can invest in our people, our bills are paid, and we have a surplus. Like for example, last summer, I just gave the team a week off to just decompress for no reason, and we had team outings.
Personally, being wealthy is being comfortable in my skin. Last year I spent so much time with my family because I didn’t feel the need to work 24/7 like I envisioned. Wealth and fulfillment is being able to live a well-rounded life.
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Now, the duo have made it their mission to share their knowledge. Through We Nailed It! The Blueprint for Real Estate and Relationships, available on Amazon and everywhere books are sold, and their YouTube channel, they’re determined to share their learnings with the culture. “The richest person is always going to invest in real estate, but you don’t have to be rich to invest in real estate,” says Doug. Check out our transparent convo below.
Tell me a little bit about yourself.
Blondie: Well, I’m one of six kids from Indianapolis, Indiana. I went to a private school, but I still grew up below-middle class. Actually, my mom cleaned up after hours to help cover my tuition – so I knew the importance of education early. Later, I went to an HBCU in Ohio, and it just so happened my mom moved to the Virgin Islands right after my senior year of high school. So I decided to get an apartment, but it was too much, and I had to go home. Around that time is when I met Doug; we dated for like a year before things occurred that caused him to do a lifestyle change, and he moved to Kentucky. I ended up following him there, getting married, finishing school in Kentucky, and I’ve been in education for almost 25 years. But along with education, I’ve been helping my husband; I’ve been licensed for a little over three years. Now, we’re in partnership doing all things real estate.
Doug: I’m also from Indianapolis, Indiana. My first love was football, and I’ve always loved shiny things. So it’s a terrible thing to say, but I was in the drug trade for years. I had a child at 15 and had become huge in that industry. But I knew I wanted to do something different with my life, and I changed everything in 1996. So Blondie and I kept pushing on. We came to Atlanta after being in Kentucky for four years. And I met a young lady who really inspired me in real estate. That’s really how I got started. I got in the flipping game years ago, and now we’ve got a #1 best seller.
Let’s go back. Can you tell me about how you were spending before becoming responsible with money?
Doug: I definitely had to learn the hard way about spending. Being an ex-hustler, I always had excess money. Even in real estate, you stop thinking about spending because it’s coming back so fast. But at the end of the year, when you look at everything, it makes you want to cut back and change your ways. Even though we have a lot of luxury things, we had to learn how to write things off and save. I’ve learned what things you can cut off (do without) – because it’s a necessity in our business.
Blondie: It’s funny that Doug said he had to work on the spending because when he decided to change his life, we had times where we really didn’t have money. We had to learn how to budget. But even while we’re in a different space, I still like to live under my means. People say you should live within your means, but if you’re working on a certain goal you have to live under your means.
"We had to learn how to budget. But even while we’re in a different space, I still like to live under my means. People say you should live within your means, but if you’re working on a certain goal you have to live under your means."
Dr. Atiya “Blondie” (L) and Douglas Parson (R)
@iamrealestate1/Instagram
If you don’t mind me asking, how much do you make annually, or what’s a typical month look like for you?
Doug: Me and Blondie are real estate agents, but we’re also master flippers. In a month, I’ve made close to $200,000 just off sales. Then, in regards to flipping, we make six figures all the time. One of our goals is to show the culture how to do this. Also, we’ve been together for like 28 years, we want to show people how to stick together and make money.
Wow. Okay, so you have to tell me more about how this actually works. In layman's terms, how would you explain the difference between a real estate agent and flipping homes?
Blondie: The big difference is that a real estate agent helps people if they want to buy or sell a home. But if you’re only a flipper, you’re only an investor; you don’t have to be licensed. But we try to educate people on the importance of getting your license. Once we find the property, we make sales as an agent and an investor.
Talk to me more about your multiple streams. How does it play a part in your financial journey?
Doug: We try to maximize the whole real estate game. We’re real estate agents, flippers, and we have a property management company. Plus, we’re working on a show and have our book. So it’s all real estate. I’m in love with real estate - so that helps.
That can be a lot coming in and out. Do you guys budget? How have you made it part of your routine?
Blondie: I’m the budget queen. I write it all down. Now, I use Google Docs, but when we first got together, I had our “infamous notebook.” I get anxious when I see money going out, and I don’t know where it’s going or how I’m getting it back. And you have to do that when you have multiple streams, and you’re trying to reach a goal.
Doug: Yeah, you’ve gotta cut the fat off. Only spend what’s needed.
Are there any budget must-haves you recommend? What tangible tips or advice can you offer for people who are creating or revising theirs?
Doug: We like fine dining. You know how TikTok is in Atlanta. But you’ve got to cut that down on how much you’re eating out, also be aware of your entertainment – especially in Atlanta. You have to have a realistic budget for food and entertainment.
But do you two have any splurges? What’s your thing you just have to buy?
Doug: My splurge has been designer shoes since I was a child. That is one of the things I have to plan for – I can’t just go to designers whenever there’s a sale. But I write some stuff off, too, because it’s part of my “costume.”
Blondie: I’m the coupon queen, but I splurge on my nails. But my nails are over the price of the usual nails. I’m going to get designs and everything, but that’s my thing. I have to have it.
Dr. Atiya “Blondie” (L) and Douglas Parson (R)
Paras Griffin/Getty Images for BET
I get it. Now, let’s go in the other direction. What are your current savings goals?
Doug: One of my goals is to have one million dollars sitting. A lot of people think I have it already, but that’s just in assets. I’m going to get there, though. I’m well on my way.
Blondie: I want to condense and have less bills. I don’t like a lot of debt. Like credit cards, when I use them, I pay it off, and I recommend paying off what you can. For example, if you can pay off your car insurance for the year – do it. If you have it, get it out the way.
"I want to condense and have less bills. I don’t like a lot of debt. Like credit cards, when I use them, I pay it off, and I recommend paying off what you can. For example, if you can pay off your car insurance for the year – do it. If you have it, get it out the way."
Let’s get into unhealthy habits. Were there any practices you had to unlearn before getting to this point?
Doug: We have a small fleet of cars. So, every Sunday, the mobile guy would come and wash the cars. But after a while, we noticed how it added up. Now, I’ve made that part of my workout to wash my car every week. It saves money and keeps me active.
Blondie: For me, it’s my nails again. I don’t get them done all the time. I let them last. I’ll ride that design out a little longer and do what I have to. Also, there’s been times I’ve gotten my nails done and not really liked them, not said anything, and had to get them done again in a couple of weeks. That’s not good. It’s just about making better decisions.
What are your money mantras/affirmations that could keep you motivated?
Doug: If I’m not in the mode, I say, "Let's get it.” You’ll notice that’s on a lot of my social media posts. That’s my thing!
Blondie: Part of my daily prayer is to use my tools to not only help people but allow them to be lucrative to me. Like for our book, I hope it helps other people and it makes money.
Speaking of, what inspired you to create We Nailed It! The Blueprint for Real Estate and Relationships?
Doug: We wanted to inspire the culture. I see so many kids coming from my background being hustlers or never really having anything. But then someone passes away, and they come up on money and don’t know what to do with it. So we’re trying to show them it’s not hard to sell homes and flip houses. And we’re changing lives in real life. We’ve made millionaires. So, our goal in writing books is to show that you can get money together, and I want it to be a blessing to others.
Blondie: Also, I wanted to talk about building a strong relationship in business and two people working together. Two is better than one.
Finally, is there any advice you can give to readers who want to improve their finances or get into real estate?
Doug: CUT OFF ALL THE FAT! Get rid of everything that’s not essential for you right now – put that money in an account now. Next, get your credit together – keep it at like 30%. What we try to teach is if you can save $30K or $40K and leverage your credit, you can do it. So now you can go to Home Depot and use that for credit cards, now you’ve created your business. You have your down payment for a small flip, and when you have materials and stuff, you use your credit card. Now go pay it all off. Just by limiting your spending and saving, you can do it – that’s a quick way to get money. It’s not going to happen overnight, but it definitely can happen.
Blondie: I’m very visual, so I have a whiteboard where I visualize our goals. I recommend that. That way, you can reassess your goals. Don’t wait months, and don’t be afraid to make changes.
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The couple met years ago at their alma mater, Clark Atlanta University, when they were still working to create the life they have now, and if you had told them then that they’d eventually tie the knot, the pair probably would’ve laughed in your face.
Today, they’re new parents, flourishing in their careers, and each others’ “teammates.” When desiring love, Dalen recommends not looking to other couples for advice. And Stacey advises staying true to what you want. “Don’t put age or limitations on love and children. If God could do it for me, why can’t he do it for you?”
Here's How We Met.
How did you meet?
Dalen: We met in 2005 when she was advising the Greek sororities and fraternities in college. She was old as hell in college, and I was a young buck (laughs). Everybody had a crush on her, but I didn’t think much of it. Then, in 2007, we were in the same grad school class, but she still wasn’t trying to see me then either. I had to catch her five years ago; I was very patient.
Stacey: Yeah, everybody in our grad school class called him Young, Fresh to Death because he was always dressed in B-school (what CAU affectionately refers to as business major classes), and we’d just wear sweatpants (laughs).
So, I know Dalen was always attracted to you. But what about you? Did your attraction to him develop over time?
Stacey: So 2006-2008 – all the years went by. I don’t think we were really thinking about each other at all back then. Years later, I had an event in Dallas, and I booked him to be a speaker. Then, a few years ago, Dalen posted a photo of him on Instagram, and I slid in his DMs. I remembered him being so young and handsome, and I’m like, I should hook him up with my younger cousin. His response was: "If you’re not hooking me up with you, no thank you." But I still thought he was too young at the time, and he started pulling receipts. Taraji P. Henson was dating someone young at the time, Gabrielle Union–
Dalen: First of all, I didn’t do that. You did that.
Stacey: Okay, I did. I thought he was a cutie pie, but that age thing was on my mind!
"Dalen posted a photo of him on Instagram, and I slid in his DMs. I remembered him being so young and handsome, and I’m like, I should hook him up with my younger cousin. His response was: 'If you’re not hooking me up with you, no thank you.'"
Courtesy
Talk to me about the first date. How did he change your mind?
Stacey: Our first date was at Tin Lizzy's in Atlanta. During that time, he was living in Dallas, so it was long-distance. But he came into town, and we just had a good time. We talked a lot, which we still do. It wasn’t anything fantastic.
Dalen: Don’t downplay our first date.
Then, walk me through your courtship. How did you get to the next level? What was that conversation like?
Stacey: I think he knew at age 43 or 44 I wasn’t playing around. But also, I think it just naturally progressed.
Dalen: Yeah, it just happened naturally. And I’m going to be honest, I don’t think initially either one of us thought it would be as serious as it was. She thought I was too young and I wasn’t ready for marriage, kids, and all that. I think we both thought we were just hanging out. But after spending so much time together, a lot of stuff started happening. Like, she had to have surgery early on. It wasn’t just time together; it was intimate time. Next thing we know, we just never left each other. That’s why we still don’t have an anniversary date because we never really asked.
"It wasn't just time together; it was intimate time. Next thing we know, we just never left each other. That's why we still don't have an anniversary date because we never really asked."
What made you want to commit to each other?
Dalen: The moment I knew Stacey was for me was from a phone call. I don’t really like talking on the phone, and I can be really blunt sometimes. But we were talking, and I said, ‘I don’t really feel like talking anymore.’ And she was just like, okay, and hung up. I wasn’t trying to be rude, and she understood that. It sounds bad, but that’s how I knew she just got me. I felt like she could get my random awkward moments, and she does to this day.
Stacey: For me, I liked him as a person. Even when times get rough and tough, I could still like him as a human. He is my best friend. We have time. We laugh until we cry, and it’s just always like that. Even when we get pissed at each other, something happens, and we fix it. Also, how he treats his mother. That’s a momma’s boy, but I’m a daddy’s girl – so I get it. I know how I want to be treated, and I see how he is with her and that’s beautiful.
What are some important lessons you’ve learned about yourself through loving your partner in this relationship?
Dalen: I grew up an only child and she grew up with siblings. So, when you have someone who is used to doing things by themselves, there is definitely a learning curve when you get into a serious relationship. It’s funny now, but it was definitely a process.
Stacey: I agree – definitely the only child thing. There’s times I look at him like, did you ever live with anyone else? That comes from being momma's baby, too. I have to say, my “mother-in-love” spoiled him. But also with Axel (their daughter), that brings another level of patience.
Photo by Paras Griffin/Getty Images
What was the biggest challenge that you had to overcome together?
Dalen: We’ve gone through a lot within the years we’ve been together. We suffered two miscarriages – I’d say that’s the biggest.
Stacey: Having those miscarriages and trying to understand what’s next and what our options are was a lot. I had two myomectomies (fibroid surgeries), and he supported me through that time. Also, still, it was on my mind that he’s eight years younger than me. I was wondering if I can’t carry [a child] what that looks like for us. We had very real conversations pretty early in our relationship.
"Having those miscarriages and trying to understand what’s next and what our options are was a lot. I had two myomectomies (fibroid surgeries), and he supported me through that time. Also, still, it was on my mind that he’s eight years younger than me."
What do you fight the most about?
Dalen: Nagging. Stacey nags; she’s a complainer. She’s that momma that will look in a room and just hunt for something to complain about. Like, I’m worried for Axel when she's in high school.
Stacey: It’s because I like things to be in place. He leaves stuff all over the place. I can tell where he’s been in the house because something is left around. So he says I’m nagging – but it’s like, just get your stuff.
What are your love languages?
Dalen: Stacey is gifts all day.
Stacey: *thinks*
Dalen: We’ve talked about this. xoNecole is about to cause problems in our home (laughs).
Stacey: Obviously I love you. *thinks again* It’s words of affirmation.
Dalen: That’s it.
What’s your favorite thing about each other?
Dalen: I’ve always respected her business-mindedness. That may sound superficial, but it’s not because I’ve never been with someone who thinks like me. It’s one of my most treasured things about her. I remember one day, I was just running through ideas with her, and each time Stacey had a suggestion on how I could make it better. It’s just very comforting. She takes whatever I’m doing and elevates it – including me.
Stacey: I love Dalen’s hustle and creativity. He’s been on multiple shows, and he continues to create, produce, and reinvent himself and the product he’s putting out. I love that we can create together and bounce things off each other. Even though we may be in different arenas, there’s nothing he can’t offer me great advice about. I love that drive.
Finally, how did you know it was love?
Dalen: Well – she said it – first. (laughs)
Stacey: And he looked at me and smiled! He didn’t say it back. We were on a trip, out of the country.
Dalen: We were arguing when she said it, and she just threw it out.
Stacey: But we continue to do that. We’ve spent holidays and everything outside of the country.
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Cynthia Smith is a renowned financial expert, business coach, serial entrepreneur, and author of Untangling the Ledger. The self-made millionaire started her tax service with only $500, and today, she’s made up to $100,000 a month through varied business efforts. But as expected, she had a plan for every dollar she made, and it was a journey.
“Before taxes, I worked in oil and gas. I’ve been making six figures since I was 26 years old, but I had poor money-managing skills. Also, I had twins at 18. So, anything they wanted, they got,” she admitted. “But as I got older, I realized I wanted to do more, so I had to stop spending so much to allow my bank account to grow. I positioned my mind to get uncomfortable with over-spending. As a people, we don’t teach money management, and it’s important.”
While she’s unique in the sense that her 9-to-5 allowed her to live generally comfortably, she still enjoyed doing taxes as her side hustle. Cynthia comically shared how she’d initially meet people at coffee shops to use the free wifi. But, like many, her main source of income started to come at the expense of her peace. “I recall being on my last project, and it was a hard project to be on because there were so many egos. I started to feel like why am I here? I had a successful business, but my job was my crutch,” she explained.
Once she became a full-time tax accountant, she started to experience extreme highs and lows and learned quite a bit along the way. “Some people look on the outside and don’t realize the hard work. There were nights I cried and nights I had to make payroll when I was still working,” she said. “At some points, I’ve had a $10k payroll, along with a mortgage, and still had to support my twins.”
There’s also been struggles she’s endured throughout the company’s process. “My business is predominantly women, and we usually get along well. But I had one messy situation. There’s been times where I could’ve been a better leader or manager or explained components better,” she confessed. “Now, when we’re together, we’re family, but I also don’t allow anyone to put holes in my ship.”
Cynthia Smith
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In addition to her accountability and hard work, Cynthia credits varied streams of income and responsible spending to her financial success. “I wasn’t strict in the past. But I started budgeting in 2017. The twins were in college so I had to change how I was spending, and I maintained that discipline. Now, as an empty-nester, I spend less. I don’t purchase large items every day.” Today, Cynthia owns her tax office, tax franchise, a tax software, skincare line, and teaches taxes. In their entirety, the tax offices have roughly 8,000 clients.
She also differs from a lot of her peers in how she invests. Most of her investments are primarily into her own endeavors, like the skincare line and tax software – not stocks and bonds. “When it comes to anything, I like to see a fast turnaround. I like to see where it’s going; I don’t like to wait. I made over $1 million in less than six months,” she said. “It may not be the right way, but that’s how I operate. However, I maxed out my sons’ 401k. I’ve seen the market go up and down, but that’s one of my favorite things I took from my oil and gas job.”
When asked what other financial tips she has for our readers, she mentioned the importance of credit and budgeting. “Instead of using my own cash, I use credit cards. Get one with points. For my birthday, I took my boys and my baby sister to Vegas. All of their trips and vacations were paid for by points,” she explained. She also encouraged eating in and being very specific with your budgeting spreadsheet. “For 2024, forget the outside. You don’t have to be in the in-crowd. Walk your journey. Read the fine print, and block out the outside noise. Focus on you and growing and learning yourself and passion.”
She continued, “My money mantra is to ask God to do exceedingly above all that I ask for and make me a good stewardess over my family. I put God first, and I know it’s nothing but him that keeps me going. Looking into the future, her goal is to become bill-free and have little overhead. “When I reach 50, I don’t wanna worry about my mortgage, and I want to retire.”
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