For many, debt feels like a dead end. But for Charlie Stober, it was a bridge to freedom.
Stoever is a trans, and non-binary former stockbrokers become money coaches over money that helps first generation odd people take up space, Build wealth based on unique conditions. And they practice what they teach.
Carefully Selecting a business credit card Using debt wisely, squeezing both emotional and financial returns, and committing to a lifestyle that matches their values, stoever has grown Coaching business Without sacrificing their happiness.
Their story is not just about financial strategies. It’s about redefining security, retrieving agents, and refusing to shame. In the world Debts are often framed as failureStober sees it as a lifeline for those who keep them out of the traditional path to wealth.
Lifestyle Design as a Financial Strategy
When Stoever started building their business, they made the conscious decision to keep them Living expenses low. Rather than committing to long-term housing in one place, they embraced a gig that supported their financial goals, mental health and love for travel: home and pets.
“I found myself easily bored and not ready to settle,” Stoever says. “I love traveling. As a single person, I am not bound by any city, so it makes sense not to pay tens of thousands of rent.”
Setting up your pet has become a practical strategy tailored to both your value and business needs. It allowed them to work from a peaceful and stable environment in Mexico, Thailand, the US and now Europe – Reduce monthly expenses In the early stages of entrepreneurship.
“It also helps my mental health,” they add. “Having a pet prevents you from feeling isolated when traveling alone. When you’re pet-sitting, it’s nice to be alone on Airbnb.”
This lifestyle supports both their well-being and work. Travel intrigues them, and pets wrap them on their grounds, leaving them with lower costs, adding more room for creativity and intentional growth.
For Stoele, financial security means flexibility Live in a way that gives you joycoincided with their values and sustainable.
Redefine debt as a tool for release
“I was taught that debt is evil. I’m a demon,” says Storebar. “If you were in debt, it meant you were a bad, irresponsible and frivolous person.”
But as a queer, non-binary first-generation wealth builder, Stoever has found that traditional financial advice often lacks context. “That belief framed debt as a moral issue.
Most personal financial advice is not explained Full body barrier Like the expectations of supporting large families without job discrimination, transphobia, or generational wealth. For many people, it pays Pay cash advance for every large cost Not realistic – or strategic.
Stoever’s perspective changed when they started their business. “We paid for our first business coaching program by selling $3,000 in Tesla stock and paying it upfront,” they say. “But then I began to learn how other business owners use business credit cards that they opened under their business tax ID. I fund a business coaching program that protects personal credit and costs five numbers easily.”
Though they never carried Personal credit card debtStor chose to trust himself. “I reminded myself, ‘I believe in rewarding this.’ And I made sure I had enough cash aside so I could pay myself every month.
Debt has become a tool – not a burden. For Stoever, it’s the form Startup Capital This allows for growth if safety nets are limited or not present.
Strategic use of debt in business
When STOEBER invested $9,000 in their business coaching program, they used their debt and made a deliberate choice to make it worthwhile. “I asked myself that if I could regain my investment within the six-month program, it was worth it, and that was it.
I use Stoever 0% APR Offer Interest-free plan to maintain cash flow.
If interest is involved, I use a debt calculator to compare interest costs with advance payments over time. I always calculate and weigh my options.
– Charlie Stober, Money Coach
Stoever’s strategy focuses on three key practices:
- Run the numbers: Estimate the total cost over time using a debt calculator.
- Rate returns: Consider both financial and emotional ROI.
- Play Payoffs: Pay back to income and capacity.
“I started to see money spent in terms of not just financial gain but emotional return,” says Stoever. That change in mindset, combined with journaling and nervous system care, can help you borrow clearly and confidently, such as pausing breathing and stretching before making big decisions.
Advice for other first-generation, queer and trans entrepreneurs
If you’re a queer or trans entrepreneur trying to grow your business, you want them to know that you don’t need to do it alone, and you don’t need to I’m burning out To be successful.
If you’re not sure if borrowing is the right move, Stoeber offers three points to consider:
- Borrow when it helps you grow: Debt can open up access to coaching, tools, or resources that increase your income or reduce stress.
- Set your own success metrics. Define your own financial security. Whether it is traveling, resting, or leaving an unsafe environment.
- Rely on your community: Become a part of people who can share your values and support your growth.
For Stoele, financial security means the ability to choose peace. “Now, financial security looks like what I’m doing. I left the US after the election for a fully-owned three-month ‘semester’ in Europe. ”
They prioritized sleep, stayed in supportive housing and invested in their well-being.
“Finance security is about freedom. It’s about being able to leave the toxic environment and live in a place where your dignity and rights are respected. I want to continue building towards that freedom and show others that it is possible.”