EP 370: How To Get Out of Debt and Start Investing In Real Estate with Nicole Victoria

abundance biggerpockets debt investing investor May 05, 2023

Welcome to the Real Estate InvestHER Show! Today, we are joined by the No Budget Babe Nicole Victoria! Nicole is a 30-year-old millionaire, mother, wife, money coach, realtor, and TikTok creator. She used to struggle with debt and poor money management, but then learned about personal finance, repaid her debt using the "ICE" method, invested in the housing market and ETFs. Her financial goals are focused on lifestyle, freedom, and convenience, rather than just a monetary figure.

In this episode, Nicole shares her tips for getting out of debt and building wealth, like how she used her ICE (Illuminate, Calculate, Execute) method to pay off $40,000 in debt in 18 months. She stresses the importance of illuminating your financial situation and understanding your debt to face it courageously. Nicole emphasizes using money as a tool and changing your mindset to build your dream life. Nicole also shares her experience in real estate investing and suggests taking intentional and strategic steps towards financial independence.



“Debt is not about shame or blame. Let's look at it from a purely numbers perspective and ask ourselves, where am I at right now? And how can I get out of this?” (07:16 - 07:43)

"Money is a tool to help us build our dream life. We want to be able to derive the most happiness possible out of every dollar that we're spending because we're trading hours of our limited life for money." (08:36 – 08:55)

“Start cutting costs that don't really matter to you. By cutting your costs in meaningful ways, you’re able to find that extra cash without compromising on the things that make you happy.” (13:41 - 14:15)


Connect with Nicole:

Website: The No Budget Babe

LinkedIn: Nicole Victoria

Instagram: @nobudgetbabe


Resources Mentioned:

The 4-Hour Workweek by Tim Ferriss


How To Join the InvestHER Movement 

1) InvestHER CON 2023


Get a ticket to IC2023 and receive access to the 2022 recordings immediately!

·        How to spot a good deal from a bad deal? - Kim Kiyosaki + HANDOUT

·        Why 10x Is Easier Than 2x - Shannon Waller + HANDOUT

·        And much MORE! 


Here is what you can expect at InvestHER CON 2023:

·        Pre-event network

·        2 Full days of transformational experiences

·        Access to over 20 Sessions with Keynotes and Speakers

·        Recordings from all sessions

·        Access to investors, mentors, and influencers

·        Mindful networking

·        Opportunities to connect with our sponsors + vendors

·        Coffee and Lunch included

·        Final Reception: Red Party

·        Live 30-day Group Accountability Virtual Session with the Founders Liz and Andresa

·        Exclusive Breakfast for STRIVE members only.

"InvestHer CON was truly a transformative experience. I have felt so alone for so long and now I feel like a have a community of support. I don’t have to be the master of everything and take it all on my shoulders, I just have to do what I am excellent at." 

Heather Giammichele 


We reserved the entire resort for us! 

Join us in Scottsdale, Arizona, May 18-19. Get your ticket today!


*Promotion ends on Dec 31st at midnight EST


2) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via:

·        Apple Itunes 

·        Spotify

·        Amazon Music

·        Android  

·        Stitcher 


3) The Real Estate InvestHER Membership 

STRIVE A membership for highly ambitious and decisive Real Estate investors looking to build generational wealth on their own terms.   

Are you ready to...

·        Grow your Real Estate portfolio on your own terms.

·        Make deeper relationships with successful women playing at the same level

·        Build a reliable team and leave solopreneurship behind

·        Implement processes and systems that will allow you to scale your business

STRIVE is for you!

APPLY today at https://www.therealestateinvesther.com/membership

*We only open the doors twice yearly (Dec and May).


4) InvestHER Community on Facebook 

We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 


5) InvestHER Meetups Around the Globe 

We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!  


6)InvestHER™ ORG with eXp

You helped your clients build their real estate portfolio, now it's time to invest in yourself! Join our all-woman investment group for agents and build your personal portfolio while creating generational wealth!

Get the benefits of being part of a team without extra fees!

Click here and schedule a discovery call with Jonna Weber today!

Take your business to the next level without losing your sanity!

Join STRIVE membership and get the support and accountability you need to take the next steps towards achieving your goals on your own terms