Iyanla was so used to living paycheck to paycheck, she says she was a millionaire with a welfare mentality. "The pathology, the pattern for me was that, in order for me to get money, all money had to be gone," she says. "The day before payday, you're looking for pennies and borrowing money. That's how I was. All money had to be gone before more money could come in."
When Iyanla was a 21-year-old single mother of three, she says the extent of her financial education was a banker teaching her how to write a check and fill out a deposit slip. "I thought I was doing something good having an accountant," Iyanla says. "I didn't know it wasn't the kind of accountant I needed to have."