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Lo Bosworth He may have come of age on reality television, but the business woman was hit with a major reality check when she came time to plan her marriage.
“It’s a shock when you realize how expensive marriage is,” Bosworth, 38, reveals only as part of his cash conversations feature in the Latest issue of Weekly USon new standards now. “We get a small family marriage – I think it’s called a microder.”
The Hills Alum announced its engagement to fiancé now Natale “DOM” Domenic In January. “For you, my darling, it could only be ‘yes’. Thank you for being the best one might be, for me,” he wrote through Instagram at the time.
“When we moved away from extravagant to something more personalized, all the stress went away,” said the entrepreneur – who started Love Wellness, a women’s personal care line, in 2016 – Us. “We get married in Laguna on the beach, then have a party in my parents’ backyard. Turns out you don’t need all the things to make you feel happy and complete!”
Dom Natale and Lo Bosworth
Courtesy of Lo Bosworth/InstagramKeep scrolling for more financial insights from Laguna beach Alum fresh off her appearance on “Better Way for Money,” the podcast from Northwestern Mutual:
Us: How much cash do you currently have in your wallet?
Bosworth: Nothing! I no longer carry a wallet. I have keys and my phone – that’s it!
Are you a saver or a spider?
I am a revised speech. When I was younger, I spent a lot of money until I realized that that is not sustainable.
Are you better off than your parents?
What my parents taught me for money is that you should embrace the American dream: set your goals high and go out and achieve them.
Did you get an allowance as a child?
Sometimes! When our reporting cards came, good grades matched an allowance. That was really stimulating at a young age.
What was your first job?
In Middle School, I assisted with Park Night, which was like protecting neighborhood children – the children are dropped in the park, then parents go out to lunch for two hours. We had $ 40 a night. When I was 17, I started on Lag (Beach) and start making a little money.
How much do you heap?
Twenty to 30 percent. I think that people in the service industry work very hard. It is important to tip properly.
Have you ever been worried about making ends meet?
When I started Love Wellness, I invested the latter of my savings in it, which suddenly meant that I was poor cash. Having a financial planner to help guide you through big decisions is extremely important.
Lo Bosworth with Love Welfare Products
Courtesy of Lo Bosworth/InstagramBest and worst investments?
My best investment was Love of Welfare. I have definitely made some investments in small consumer brands that ended up getting out of business, but you live and learn. You never go in with the belief that they will all return – most of them will not – but it still hurts every time it doesn’t work.
What are you splurge on?
I love traveling – and we love traveling very well!
Where do you draw the line?
Sunglasses. I only buy sunglasses on Amazon. They are all less than $ 15. If you spend a lot of money on sunglasses, you are mostly torn. I am not splurge on clothes or accessories, because trends come and go. It comes from spending too much money, like $ 500 on party dresses, when I was on The hills.
What is the most important lesson you have learned about money?
Having a plan, hands down, the most important lesson. Do not spend through your life blind.