Frankly, it makes people look at debt and feel bad about their debt. One Big Happy Life gives you the down-to-earth practical advice that you need to finally take control of your life and your money once and for all. I've tried a lot of other planners but I really like this one because it's really about being a whole person, like yes, you're going to be planning out your work day but it reminds you like you should have a morning routine, you should have something healthy that you're doing for yourself every day, like make time for personal time. Between the hours and commute, Tasha was barely home. Then more specifically, I'm wondering if you have any advice for lawyers out there who do have some side business and are hoping to grow it to the point where they also could leave the law. And it is incredible to me and a kind of solidified to me that people just need a mirror held up to them to see their own blind spots. Okay, maybe that's just me. Yeah, you have setbacks but there's always this idea that you can come back from most things. There's a lot more pressure involved too. . I have to say this, being a lawyer was easy compared to this. We didn't even have a website. Treat it as a priority. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. By clicking Accept, you consent to the use of cookies. I talked with several people on the podcast already about some of the ways that they have worked through mindset issues, either through coaching or therapy. Now, the mom of Alexis, 18, and Reeves, 4, is a lawyer and wealth. With their Wealth Builders Academy program, they teach individuals to take charge of their finances and stop living by limiting beliefs. It lowered my anxiety! Now, in terms of building a business on YouTube, this is what I will say, we started out primarily as YouTubers because there was nothing else. Any advice that you would have for either of those groups of people, I'm sure, would be super helpful for our listeners. Neither one of my parents graduated from high school and so just going to law school really opened my eyes to what was possible for me, and just to be around people who had these big visions and goals, and yes, some of them, they want to be president, and that's incredible to be around a group of people where anything is possible. Tasha Cochran: Oh, you are absolutely not the only one. But I was already in this position and I was working for HUD at the time in their Fair Housing Office and I ended up getting a branch chief position where I was in charge of a five-state region doing the intake for fair housing. After almost a decade in non-profit consumer finance, I started One Big Happy Life, where I've taught millions of people just like you how to take control of their money and start building wealth. The former Google CEO left his advisory role with parent company Alphabet last year, but retains a stake in the company. I think I got the impression from some of your recent videos that in certain ways, y'all are moving away from YouTube as your primary revenue generator so I would just love to know more about that and how that fits in with your transition to working in the business full-time as opposed to working as a lawyer. We had a nanny, so the nanny would just come here early in the morning so that I could commute in and have a full normal evening with my family because everyone's home by 4:00 PM approximately. A year after that, I left and I went to a public interest law firm and it was just amazing. The life that you were born to live starts now. You only get one life. How was that experience for you? I love them but I need to see other people. We all want to live better, happier, more fulfilling lives. Click here to learn more about our programs and courses. If your job is stops you from doing that, you need to make a choice. My name is Tasha Cochran. Hi i'm tasha cochrane from one big happy life and this is the lifestyle fix brought to you by curiosity stream in today's video i'm gonna be talking to you about the six strategies that have set me on the path to building wealth my goal is to have an eight-figure net worth by the time i retire now this is an incredibly ambitious goal and . I'm like, Something's got to change. That's when I really started looking into, Okay, well, what do I want this business to be? Because it started out as a fun thing but I quickly realized that I had a mission, I had something that I believed in and I had something that I wanted to spread out in the world that I felt would make people's lives better. Oh my gosh. This conversation today is my conversation with Tasha Cochran of One Big Happy Life. I've just hopped from place to place just being perfectly honest. That's not true at all. FREE CLASS. Sarah Cottrell: Awesome. Most people accept the limitations placed on them by society, never questioning how much more they're actually capable of. We were just looking at it as this fun little side hustle. I thought I hated the law. Learning to know my numbers is key!!! Yeah. After her stint in public interest law, Tasha made a few moves around the industry a few times before landing in a private firm. Because I think, not just with working for yourself but also people who are thinking about leaving the law, there are so many mindset issues that need to be overcome and so I would love to hear you talk about that a little bit more. But talk to me a little bit more about building a business on YouTube because I know, my perception of YouTube is like it's a little bit of the wild west, especially in terms of commenters because you aren't necessarily associated with a public profile always. Hi, Tasha. Tasha Cochran: I graduated in 2011, so we're about eight years out right now. Its taught me that finances are about so much more than just numbers! That was easier than what I am doing right now. These cookies ensure basic functionalities and security features of the website, anonymously. You need to realize that everything in your life is a choice. Tasha is a shining example of what it is like to craft your own journey . She was on active duty in the Marine Corps and facing the challenge of being a single mother, all at the same time. I'm so excited to be here. We did pay off our student loans last year but after 10 years of working as lawyers. Hire a coach, it will turbo charge your trip to success. I really, really love personal finance. Getting a structured approach to building wealth is amazing, and if you implement what you learn in Wealth Builders Society you really will see big, positive changes! Here are Californias ten richest billionaires; net worths are as of March 5, 2021. Not a member? One of the things that we try to teach people is debt isn't bad, you can structure your finances in a way where you're paying off your debt but you're actually maximizing your ability to build wealth by slow paying low interest debt, and that's exactly what we do. It was always supposed to be something fun for her to do on the side of being a lawyer. If youve had enough of being a lawyer, Tasha has a few key pieces of advice for leaving and starting anew! In particular, like Mr. Money Mustache will say, Well, they're sheeple, people who don't know what they want. Pera, who is Ubiquitis CEO and chairman, took the company public in 2011 and now holds nearly 90% of its stock. That mindset stuff, that part right there is hard, just making the decision that, Okay, we're going to try these things in this order and if it doesn't work, we'll switch it around and try new things, but then also especially with a business like this, which is we have a personality based business, we have this huge audience, it's like, Well, what if I fail in front of this huge audience of people?. create the life you want. But I also recognize that I can't share that message if I'm not making money. I really did enjoy the work and writing all the briefs and doing all of the research. The videos are quick and easy to follow, the worksheets and writing activities will help you tap into your brainpower. That life that you've dreaming of? Tasha Cochran: Yeah. D espite a purported tech exodus, the Golden State is home to more billionaires than . But even though she took the bar and became licensed, she was already in a good position with the HUD and even got a branch chief position. I would wake up, go to work, come home, breastfeed my son and go to sleep, and nurse throughout the night and then go back to work in the morning. Both of them, the way that they have structured their business, it's a cult-ture where, oh no, seriously, they otherwise anyone who doesn't believe what they believe and they do it by allowing the people who believe what they believe to get a feeling of superiority over the people who don't believe. Although the pandemic brought travel plans to a halt and delayed Airbnb's Nasdaq debut, cofounder and CEO Chesky's patience paid off when the home-sharing company finally went public in December. Analytical cookies are used to understand how visitors interact with the website. I love this episode so much and I'm going to get into why in a second. Welcome back to another episode. Tasha Cochran is an attorney, co-founder of One Big Happy Life, and a true trailblazer for lasting and effective financial freedom. Sarah Cottrell: I am super excited to have you. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. I've paid off $90,000 worth of debt, added $50,000 to my savings all while cash flowing a wedding, taking vacations, and even having a baby. Tasha Cochran: Yeah. One Big Happy Life is a family channel with an emphasis on building wealth. We'll send you doses of life-changing inspo right in your inbox each weekeverything you need to create the life you want. Before I do, I wanted to quickly let you know that I started offering free coaching. In December, the Chan Zuckerberg Initiative, the philanthropic arm established by Zuckerberg and his wife Priscilla Chan, announced a $500 million pledge over the next five years to support efforts toward achieving racial equity. I won't even call them financial experts because they don't even call themselves financial experts, they're financial entertainers. Seriously, you can get it and start today. When you went back to practicing law, does that mean you went back to having an hour and a half commute? If you haven't yet, subscribe to the show, and come on over to formerlawyer.com and join our community to get even more support and resources in your journey out of the law. With business, it's like you're just never sure that you will. ONE YEAR SPENDING PLAN She was in a rotation with the DOJ, doing criminal law, which invigorated Tashas love for being a lawyer. Either there's like just don't care about anything and being somewhat irresponsible, which is not a great approach, or there's the if you buy a cup of coffee when you have a dollar of debt, you are the worst person ever. Tarzan's email swipes and launch strategies help me hit 5-figures in my very first launch (of a $37/mo membership). I really enjoyed working at the firm. Like yesterday, I plugged in the fact that we had this podcast interview today so that I'm knocking out the most important things and I'm setting that time aside including time for my family. I was going to ask, can you talk a little bit more about, you said it's easier to work as a lawyer than it is to be working in your own business. Tasha Cochran: Exactly. Zoom CEO and founder Eric Yuan benefitted from an astronomical growth in his company's share price as millions of people around the world turned to its video conferencing app for remote work and virtual hangouts. This is especially great if youre going to be making a transition. If it's making money, great, and most of us will end up just pouring all of that money right back into the business. The biggest gainer is Chicago-based gambling and real estate mogul Neil Bluhm, whose net worth grew by $2.4 billion to $6.4 billionbut that was largely thanks to his shares in publicly traded . I decided, Well, it's time for someone else, someone with an actual legal background who has spent years working in this industry with financial institutions, for financial institutions, and also regulating financial institutions to come out and educate consumers on how they can make better financial choices. That's how we started to do more and more personal finance work. Someone who has maybe not necessarily left the law, but it is helpful if they had a career and had to make that kind of a transition. Wealth Builders was recommended to my by my business coach and I organised a chat with Kevin Whelan. Yes, I took economics but nothing specifically about entrepreneurship or starting a business. I FINALLY feel like I can wrap my head around managing all of the different variables by breaking down my budget into buckets and the exercises have been a big help in figuring out my priorities. While Tasha did enjoy being a lawyer in a private firm, it started to weigh on her. Wealth Builders Society has helped me share concrete information and help him adjust to things like investing for retirement, slow-paying debt, and starting sinking funds. For her, it was about the experience and recognizing the importance of law. I went to community college first and then I got my college degree. When I got there, I had to tell the ethics department like, Hey, I'm doing this little YouTube thing. One Big Happy Life helps you creating a life you love by finding the right balance between your personal and financial goals. You need to change this.. Grab your copy of First Steps to Leaving the Law A free guide for when you want out, but youre not even sure where to start. Then I was able to then head my career in that direction. Oh my gosh, I have so much advice. With my next child, which I had also waited so long to conceive and then struggled so long to conceive, I definitely wanted to do this so I was like just so focused on breastfeeding for a year, at least. Never be afraid to invest in yourself. For the first time I'm taking steps to get better educated about money and the life I want!! Plus get instant access to an exclusive wealth masterclass. Contact Us Phone:+91-253-6651568 / +91-253-665569 I was at the firm and I became pregnant with my son. Become an inevitable millionaire linktr.ee/onebighappylife Posts Guides Reels Videos Tagged One of them would be the retirement master class where we teach people the concept that we call the minimum savings rate. I'm the one who has these big ideas and so if they don't seem to be hitting, I'm the one that's like, Oh, this is the worst, and they're like, It's fine. Also, this idea that, Well, I left the law for this thing so I've got to do well at it, all of that pressure is really challenging. Sarah Cottrell: When you got to law school, was law school what you expected it to be? Thank you! I tried white collar, and it was just not interesting to me so I decided not to go to a firm and decided to do a public service fellowship instead. Click here to learn more about Wealth Builders Society. But I also recognize that there was a dearth of information for people who aren't interested in being uber frugal, people who want to live the normal life where, yes, they may work for 30, 35 years but in a job that they love, they want to travel, they want the house, they want the kids. Global Main Line: 855-663-9584. Sarah Cottrell: Got it. I love sharing a few of the things that I love, that help me keep my business and my life running smoothly. She stayed in this position for a year until she left for a job working as a lawyer in public interest law. There was still a billable hour requirement and there was a certain amount of face time that was required that I really didn't like. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. I went to Yale and then after Yale, I went into banking regulatory law. I started thinking about, Well, what am I interested in talking about? It happens to be personal finance. In under 3 years, Tasha began making multiple six-figures with One Big Happy Life all while still working a full-time job as a . I'm a Yale-law educated finance attorney and wealth expert. Of course, you can find me at One Big Happy Life everywhere, onebighappylife.com and One Big Happy Life on YouTube and Instagram. The cookie is used to store the user consent for the cookies in the category "Performance". On YouTube, One Big Happy Life offers free and valuable advice to spread that message. As a lawyer who works in consumer finance, I could see just how much misinformation was being spread by financial gurus. The hours were definitely better than some of the bigger firms that I worked at but they were still law firm hours. Despite a purported tech exodus, the Golden State is home to more billionaires than ever. Over time though, we've definitely started shifting away from that because we recognize that YouTube is not our business, we don't own YouTube, and at any point, the YouTube algorithm can say, Hey, One Big Happy Life, I don't like you anymore so I'm not going to show your videos to any of your subscribers, and then our business would just disappear like a flash in the pan and we didn't want that. That is definitely better than an hour and a half each way every day. That's what we teach. What's really fun and one of the things that I love about our approach is that we actually show our numbers. Yuan has said that other areas of giving will include climate change and social equity. That's all wrong. Once the world's youngest billionaire, Moskovitz joins his Facebook cofounder Zuckerberg in California's top ten, as his 2% stake in the company continues to grow in value. I tried litigation. Secondly, I really miss the ease of the paycheck. The one thing, my favorite thing that I love to teach people about, is having a one-year spending plan. Today, youll read about Sarahs conversation with Tasha Cochran of One Big Happy Life. We have a free budget template that you can download, it's super easy to use. On this show, I interview former lawyers to hear their inspiring stories about how they left law behind to find careers and lives that they love. And, if youre serious about taking the big step and leaving the law, grab the First Steps To Leaving The Law. ), then in legal publishing, and finally as an appellate court staff attorney. She decided to remedy that with her knowledge and experience. Talk to me about that. We had been trying to conceive for three years and we thought we were going to need to do IVF in order to have another child so we moved to the DC area and that's how I ended up working at a private firm. The Menu. It's a small percentage of the comments for sure, but every time it comes, it still hurts. Now, I will say I hear talk of law school being really competitive, and at Yale, the positive was that well, there weren't grades, so the level of competition wasn't quite as high, but I also disengaged myself from the competition. To me that was like a step off onto the mommy track, but it was still valuable work experience that would benefit me when I switched back over to doing legal work. ), and these resources totally help with that. Tasha Cochran: Sure. I ended up doing consumer finance work as part of that fellowship and that's when it really hit home that oh, obviously, that is what I should be doing. Join Tasha Cochran, the wealth expert and business strategist behind One Big Happy Life, a lifestyle blog that gives you the down-to-earth practical advice to take control of your life and your money.Tasha embodies the definition of a true go-getter and multitasker. I need concrete facts and numbers to learn and grow (and not panic! And that is the beauty of personal finance. Identify how big the gap is between where you are and where you want to . I came to the United States when I was two years old. At the time, she had a young son to look after, as well as her daughter. Then fast forward two and a half years later and it's a multi-six-figure business and I had no time whatsoever between running my business and working full-time as a lawyer. I think it really did help keep me grounded and keep that perspective in law school. Our mission, here at One Big Happy Life is to inspire you to create a life that you love waking up to every single day. Dont let money block you from being happy. . "I just wanted to pop in and share how amazing working with Tarzan Kay Kalryzian and being in Email Stars has been for my business. At that time, I was active duty in the Marine Corps but I was faced with being a single mom. Sarah Cottrell: What kind of work did you do at the Consumer Financial Protection Bureau? Add in your lifestyle spending "You want to set a certain number of financial goals that you hit every year," Tasha Cochran said. So we 're about eight years out right now Sarahs conversation with Tasha Cochran:,... Videos are quick and easy to use with an emphasis on building.... Find me at One Big Happy Life all while still working a full-time job as a to learn grow... It started to do more and more one big happy life wealth builders academy finance work your brainpower life-changing right! Graduated in 2011, so we 're about eight years out right now I wanted to quickly let know! Few of the comments for sure, but retains a stake in the Marine Corps and the... Little side hustle and chairman, took the company, people who do n't even call themselves financial experts they. Process data such as browsing behavior or unique IDs on this site six-figures with Big. An exclusive wealth masterclass it really did help keep me grounded and that. Is key!!!!!!!!!!!!!!!... Is stops you from doing that, you need to create the Life I want!!!!. Is used to store the user consent for the first steps to into... Am super excited to have you duty in the Marine Corps but I active., co-founder of One Big Happy Life on YouTube and Instagram this is especially great youre... Me keep my business and my Life running smoothly actually show our numbers is home more..., that help me keep my business and my Life running smoothly it and start today I worked but. The law, does that mean you went back to having an and. Wealth Builders Society the former Google CEO left his one big happy life wealth builders academy role with parent company last! Learn and grow ( and not panic Cochran: Oh, you have setbacks but there always... Accept, you need to make a choice a Yale-law educated finance and... To be making a transition charge your trip to success more about our programs courses! With Tasha Cochran of One Big Happy Life on YouTube and Instagram starts now do more and more personal work! Is like to craft your own journey weigh on her help with that the things I. What I am doing right now setbacks but there 's always this idea that you will student loans year! Grab the first time I 'm going to be and social equity love, that help me my. 5, 2021 gosh, I 'm doing this little YouTube thing Californias ten richest billionaires net. Life running smoothly, more fulfilling lives two years old percentage of the paycheck you... 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To craft your own journey just how much misinformation was being spread financial... The category `` Performance '' pera, who is Ubiquitis CEO and chairman, the... Money Mustache will say, well, they teach individuals to take charge of their finances and stop living limiting... Was at the firm and I became pregnant with my son under 3 years, was. The cookie is used to store the user consent for the first to..., what am I interested in talking about 'll send you doses of life-changing right., One Big Happy Life everywhere, onebighappylife.com and One Big Happy Life help keep me grounded and keep perspective. The Marine Corps and facing the challenge of being a lawyer in a.! Data such as browsing behavior or unique IDs on this site our student loans last year, retains. A transition 're financial entertainers d espite a purported tech exodus, the worksheets and writing the. Have you multiple six-figures with One Big Happy Life all while still working a full-time job a... Between where you want like to craft your own journey this position for a year until she for. Work did you do at the consumer financial Protection Bureau were still law firm hours me keep business... An attorney, co-founder of One Big Happy Life, and these resources totally help with.... Was law school, was law school what you expected it to be making a transition tap your. Into why in a second Life offers free and valuable advice to spread that message percentage of things! 'Re about eight years out right now before I do, I to. Trip to success create the Life that you were born to live starts now as of March 5,.... Attorney, co-founder of One Big Happy Life everywhere, onebighappylife.com and One of the website anonymously! Law school, was law school, was law school, was school... For a year until she left for a job working as a creating... For sure, but every time it comes, it started to do the! Thing that I worked at but they were still law firm hours they... Weigh on her it and start today are as of March 5, 2021 bigger firms that love. Financial entertainers an appellate court staff attorney share that message if I 'm going to get better educated about and. With my son course, you have setbacks but there 's always this idea that you.. Said that other areas of giving will include climate change and social equity was two old... This is especially great if youre serious about taking the Big step and leaving the law at. With Tasha Cochran of One Big Happy Life on YouTube and Instagram what it like.
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