Our Mission
Our mission at Meaning of Money is to make quality financial education available to everyone. We believe that everyone should have the opportunity to build financial well-being, where they feel in-control of their financial life and are free from constant financial anxiety.
Our Founder
Hi! I am Shelitha Smodic, the founder and principal instructor at Meaning of Money. When I started my first job after college, I was completely unprepared for the number of financial decisions I had to make. When researching online, I was met with conflicting information and a lack of financial advisors that wanted to work with me due to my lack of assets. I became obsessed with educating myself on everything related to personal finance, and something interesting happened. Friends and family started reaching out to me for answers to their personal finance questions. Realizing that many people did not feel prepared to make financial decisions in their life set me on a new career path with a new mission: make quality financial education and advice available for everyone.
Over the past eight years, I have worked toward this mission. I went back to school and became a certified financial planner. I obtained a master's degree in personal financial planning. I worked as a financial advisor and director of financial planning for an investment management firm focused on high net worth and ultra high net worth clients. All of these moves helped me learn the craft of financial planning but did not make this information more accessible to my own friends and family.Â
I knew I needed to make a few more moves; thus, Meaning of Money was born, and my doctoral studies in personal financial planning commenced. Today, I aim to use all the knowledge I have gained to teach personal finance to individuals traditionally left behind in the financial industry and translate my research on financial well-being into actionable resources.Â
Thank you so much for being a part of this journey!
Community Goals
Our community has 4 core goals: knowledge, confidence, behavior, and well-being.
Knowledge
Financial knowledge is your general understanding of financial concepts and skill in applying them.
Confidence
Financial confidence is having confidence in your financial knowledge and your ability to use that knowledge to make decisions.
Behavior
Financial behavior drives financial outcomes. At meaning of money, we focus on building positive financial behaviors to build financial well-being.
Well-Being
Financial well-being is when a person can meet current and ongoing financial obligations, feel secure in their financial future, and make choices to allow them to enjoy their life.
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