Erica Hill

MONEY RESET COACH

Are you ready to start manifesting commas and zeroes in your bank account? If so, Erica Hill is on a mission to help women reset their minds to unlock the door to money, freedom, and wealth.

Known as the “Money Reset Coach,” Erica Hill inspires and educates families on the importance of building generational wealth and leaving a legacy through her financial services agency and a team of more than twenty-nine agents.

When you wake up in the morning, if the first thing that comes to your mind is not “I love my Fabulous Life,” then Erica is the woman who can get you on track to building your “Fabulous Life.” She helps professional women worldwide improve, enrich, and elevate their lives by dismantling limiting beliefs that no longer serve them.

Although her average client earns a good income, many of them were not good money managers. After recognizing the common thread of lousy money management among her clients, Erica began to take a comprehensive approach by implementing practices to help them reset their mindset and then guiding them to restructure their money so that it works for them instead of them working for it. Her profound insight in helping families develop retirement and wealth-building strategies is a driving force in the company’s revenue exceedingly more than 8.5 million dollars in less than eighteen months. Earning her finance degree from Clark Atlanta University, this WOW Woman became enthusiastic about personal finance and wealth building after recognizing her degree did not automatically equate to success. Yes, her personal journey was less than smooth sailing even though she followed a lot of the traditional advice, such as going to college and getting a degree as her ticket to success.

Erica says, “I realized that we are born into abundance, but programmed into lack.” She recounts how she did not grow up hearing many positive references when it came to the subject of money. Some of the common negative money beliefs she remembers hearing were never tell people your business, money does not grow on trees, and the infamous, “the love of money is the root of all evil.” “All the negativity about money doesn’t just come from family; it is in the fabric of society, and as children, we are absorbing all of these negative messages into our subconscious thinking, says Erica.”

Erica, can you tell us about your college experience?

Erica: Well, I am the girl who listened to the adults around me. I went to college and got that degree, but nobody told me what to do with the money after I got it, and I am also the child who grew up hearing those negative things.

In my sophomore year in college, they offered college students credit cards. I wanted a free mug or something like that, and that is how they lured me over to talk to them. So, I got this credit card; I got approved for something like a $2000.00 credit limit. Well, as I said in the beginning, I am that same woman, the young adult, who did not grow up hearing many positive things about money. No one ever taught me how to manage my money, and I did not have any money classes in school either. So, I got that credit card, and before I knew it, my spending got out of control; I bought a bunch of stuff that I did not need, and to boot, I did not have a job to pay for any of this stuff. I am the first person in my immediate family to earn a degree, and as proud as my family was, what nobody knew was; that as I was walking across the stage to accept my degree, something else was walking right along with me. Bad Credit!

So, I am receiving this degree, but I am receiving it with less than desirable credit, and in the financial services industry, the first thing they do is request a copy of your credit report. So, although I had the degree, it took me a while to get a job because of my low credit scores.

Erica, I hear this story repeatedly, and it is so sad. Can you tell us a little about the emotional impact this had on you?

Erica: Yes! I really thought I was going to be happy once I graduated because I did everything my elders told me to do, but I was anything but happy. I eventually got a job, yet I was still that young adult with the negative money programming; the only difference is I had a degree to go with it. I did not possess the most important thing, and that was knowing how to be a good steward of the money I was bringing in.

I was living on a financial roller coaster. I would make money, spend money, and the cycle was never-ending. So, in my early years, I was very depressed, overwhelmed, and just stressed when it came to money because I did not understand how to manage it. I was always robbing Peter to pay Paul. No young person should start their life in financial turmoil, but that is where I was.

WOW: I am sure many of our readers can relate to your story. Tell us how you were able to rebound and get to where you are today.

Erica: Fast forward, I got a job working in the mortgage industry, and I was seeing young people in my age range making money moves, buying homes and things. I wanted to be like them, so I bought my first home at twentyseven, then I started buying investment properties. From there, I leaped and decided that I would own my own mortgage company, and I did that.

I was soon a phenomenally successful African American female in a maledominated industry coming out the gate, making six figures in my first year, doing exceptionally well with investing in properties.

Remember, we were born into abundance, but we were programmed into lack. So, although I was doing very well for myself, I still did not have the proper foundational mindset on how to be a good steward of money, and I was blindly ignorant. I did not have the appropriate knowledge to take the money and make it work for me because I did not know what I did not know.

I was operating my business with DIY (do-it-yourself) financing, which most people do initially. People often try to use their limited knowledge to grow their business and money, not understanding they need a professional to help them navigate because, in most cases, they have little understanding of how it all works.

So, in saying that, even though I came out the gate making excellent money and excelling in my industry, it all came to a halt by the third year, which is when the market crashed.

So, what did you do after the market crash?

Erica: I was not pretty at all. I had to file for bankruptcy and surrender some of my properties. As a result, I labelled myself a failure because my identity was attached to things, and when those things were gone from me, I felt like I was a failure, and the bold, confident woman I once was, was no longer the person I saw when I looked in the mirror.

I was depressed; I felt disempowered, sad, and worried. I was everything except for that confident, empowered woman. Once I realized that I was going through a mild state of depression, I started hiring various coaches and doing a lot of personal growth and development.

The most rewarding part of the coaching was when the light bulb went off in me, and it finally clicked that I was not a failure, but I merely failed to perform…you talk about an “aha” moment! Up until then, I was attaching the word failure to my identity.

All those past “failures” had me believing I was terrible with money, and that was a lie. The truth was, I did not have an abundance mindset; I never developed the skillset of abundance. Once I separated the failure to perform from me, Erica, it was then that my life began to skyrocket.

Nobody is a failure; however, many have failed to perform financially due to a lack of financial education. If a person did not come from a household where their parents taught them the importance of money and how to structure it, and our schools did not teach us, how is one to learn?

So, what does the future look like for Erica Hill? What is your vision going forward?

There is no more time for a reset; we cannot continue to pass down the poverty mindset from generation to generation? No more! My goal in life is to use my discovery as a motivation to make sure those lack conversations and programming end with this generation.

Imagine what our world would look like if kids came out of the box, knowing their identity and authenticity. What if they knew that they live in an abundant universe, and when they take that mindset, coupled with the knowledge, where do you think this world would be?

So, my goal is to teach a million women how to change the financial trajectory of generations to come, and it starts with each of us. I am resetting minds and changing generations. In the next five years, my vision is to develop a culture of women doing explosive things in the world and changing the next five generations to come, starting with them, and it all begins with reprogramming their minds and structuring their finances to serve them. I am also excited about authoring my most recent book entitled “Reset, Learn How to Grow Money and Build a Legacy,” available on Amazon. In the book, I break down some of the concepts that prevent people from building generational wealth, and I share strategies that the wealthy have been using for centuries to grow their money but are unknown to the average person.

It has been a pleasure interviewing you Erica, now tell us how we can contact you.

Erica: Thank you! The best way to contact me is through my website at www.erica-hill.com