Chelsea Fagan
Founder and CEO, The Financial Diet. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveauthorhost@Chelsea_Fagan ↗thefinancialdiet.com ↗
Fagan launched The Financial Diet in 2014, growing it from a personal budgeting blog into a multimedia personal finance network and YouTube channel. She has authored books across nonfiction and fiction, including The Financial Diet and the novel A Perfect Vintage.
1shows
1appearances
16statements
2resolved
2supported
0contradicted
100%fully supported
Everything Chelsea Fagan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Fagan: Wealth caps and heavily regulated capitalism are absolutely necessary
“Having a much more sort of regulated and infrastructured capitalism with much, much more limits on wealth accumulation, much higher taxation much more support and resources for lower income folks, all of that I think is absolutely necessary”
Fagan: Heterosexual women still rarely handle long-term household financial planning
“On average, women are still not the financial decision makers. They make day-to-day decisions in the household generally, but they're not the long-term financial planners of heterosexual couplings.”
Fagan: Complex personal finance advice is usually an attempt to extract money
“Anyone who's trying to make finance, personal finance, sound complicated, or like if there's a lot of math in it or things like that, they're probably just trying to get money out of you. Because there's really not that much to know, honestly. Spend less than …”
Fagan: Building media on audience scale is a race to the bottom
“Something that I learned early on working in media is that, you know, if you're dealing in scale, you're in a race to the bottom. There's no two ways about it.”
Fagan: Outside investment would nuke The Financial Diet's editorial and labor practices
“And I think what I learned from all of those experiences is that there's no iteration of TFD that takes on investor money that doesn't kind of nuke the editorial and labor practices to some extent.”
Fagan: Money shame creates either compulsive spenders or obsessive hoarders
“Typically people who grow up with those kind of money issues, it usually goes one of two ways. They either become big spenders and are very compulsive with money, which was my case, or you become kind of a hoarder with money and very obsessive and often overly…”
Fagan: Banks marketed credit cards inside high schools prior to 2008
“Pre-crash of 2008, so they had, like, Bank of America and other, you know, banks had, like, booths set up in our high school to get you a credit card.”
Fagan: The Financial Diet refuses weight loss and cryptocurrency sponsorships
“There are hard lines for us. We don't do weight loss stuff. We certainly don't do crypto even though they flooded our industry over the past year with crazy ad dollars.”
Fagan: The Financial Diet implemented a four-day workweek without reducing pay
“We also recently implemented a four-day workweek without a pay cut, so that's effectively a 20% bump for everyone.”
Fagan's CEO salary sits in the middle of the company pay range
“The range of compensation in the company is pretty narrow. I'm smack in the middle of it, so I'm not even, like, paid more than everyone else. Not by far.”
Fagan: The Financial Diet has never taken outside investment
“We've never taken on any investments you know, outside investors because what they want is growth.”
Fagan: The Financial Diet has never had a layoff or unpaid intern
“We've never laid off a
A single employee.
And we've never had an unpaid intern.”
John and Hank Green gave The Financial Diet a $5,000 grant
“A few months later, John and Hank Green, who are authors, YouTubers, they have a very, very large YouTube video production company mostly in the educational space. They reached out to us because they have a kind of like a, it's like a foundation essentially th…”
Fagan: Live events are The Financial Diet's largest product revenue stream
“The largest segment of our business by sort of product or platform are our events. So that's classes, workshops, conferences, things like that. It used to be all in person. We did all digital for the pandemic. Now we're doing kind of a mix. And within that, th…”
Fagan: The Financial Diet projected $1.5M to $2M in 2022 revenue
“Well, we took a big ol' hit during COVID, but this year we're probably gonna end up somewhere between 1.5 and two million dollars in revenue.”
One line per show, most statements first. The link opens Chelsea's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 HOW I BUILT THISLEDGER | Founder and CEO, The Financial Diet | 1 | 16 | 100% 2/2 | full record on How I Built This → |