Juli Baranik

#158: From $650K in Debt to Financial Freedom: How to Keep More of What You Make with Nancy Benet

August 19, 2026•2 min read
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What if the key to financial freedom isn't making more money, but changing the way you manage it?

In this episode of The Seven Figure Builder Show, Juli sits down with Nancy Benet, founder of Fix It Accounting, whose journey to financial success was anything but traditional. At 45, Nancy found herself divorced, raising four children, with five failed businesses behind her, no income, and $650,000 in debt. Rather than letting those circumstances define her future, she used them as an opportunity to completely rethink her approach to money and business.

Today, Nancy runs a successful CPA firm and helps entrepreneurs take control of their finances. She shares the mindset shifts and financial strategies that helped her rebuild, including her "new zero" approach to creating cash reserves. She explains why having money in the bank can be more valuable than constantly reinvesting it and how business owners can create financial stability without sacrificing opportunities for growth.

Earning more money doesn't automatically mean you're getting ahead. Nancy and Juli explore how lifestyle inflation can destroy financial progress, leaving even successful entrepreneurs feeling financially stretched. They also challenge the idea that paying the least amount possible in taxes should always be the goal, offering a different perspective on how thoughtful financial decisions can support long-term success.

The conversation goes beyond spreadsheets and bank accounts to explore something many entrepreneurs overlook: the emotional side of money. Nancy explains how the beliefs we develop about finances can influence the decisions we make in business, sometimes without us even realizing it. She also shares her four-step process for making intentional changes and creating a healthier relationship with money.

Whether you're building your first seven-figure business or looking for more financial stability in an already successful one, this conversation offers a fresh perspective on what it really means to be financially free. Because at the end of the day, success isn't just about how much money your business makes. It's about having the freedom to make decisions, pursue opportunities, and enjoy the life you're working so hard to build.

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Juli Baranik

Juli Baranik

Founder of Podvantage® and host of The Seven Figure Builder Show

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