Hiding Money from Yourself, with Wendy Fedan of Create a Way Design & Publishing

Season 2: Episode #29

Hiding Money from Yourself, Wendy Fedan of Create a Way Design & Publishing

Wendy Fedan is a full-time freelance illustrator with multiple sources of income related to her dreams. She launched her own company in 2021 designed around publishing her and other people’s books called Create-a-Way Design & Publishing. Her family has been debt free for nearly a decade now, and Wendy is a wife and mother of two teenagers, living in Amherst, Ohio.

The perspective on credit card debt as a fact of life when Wendy was a young adult
The importance of delayed gratification
Financing wants with student loans while in college
The journey into debt involved credit cards, student loans, and possibly furniture debt
Don’t go shopping for a home when you’re 7-8 months pregnant
Feeling like student loan debt would never go away, even with monthly payments
Altering their lifestyle to deal with credit card payments
Freedom is the main work associated with paying off debt
Being able to finally save after paying off debt
Having multiple checking and savings accounts helps put savings funds out of sight and out of mind
Changing your mindset and how you think about money to get out and stay out of debt
Believing that money was the root of all evil, and how being afraid of money leads to financial problems
Taking financial classes together as a couple to help get on the same path
The budgeting challenges of irregular income associated with freelancing
The challenge of going from two steady incomes to one
Setting up own publishing company as a self-publishing author and illustrator
Getting out of debt opens up opportunities to pursue more wants and creative paths