The frugal Budget Mom has outgrown the confines of her kitchen workspace.
Kumiko Love’s personal finance business, The Budget Mom is expanding into a large warehouse and distribution facility in Spokane that will serve as the company’s headquarters.
In 2016, the Spokane Valley resident launched The Budget Mom blog, which has attracted millions of visitors and added products, such as the Budget by Paycheck Workbook, the Live Rich Planner, cash envelopes, custom stationary and other budget-related items.
Love recently acquired a 6000-square-foot building near NAPA Distribution Center on Freya Street that she says will allow her to increase inventory and streamline shipping to better serve customers.
“It’s a dream come true to see this major step happen for my business, and it’s humbling to know that just a few years ago I was struggling to provide for my son and was crippled by debt,” she said in a statement. “I discovered a life of abundance is not about how much you have, but how you live.”
Love previously was operating The Budget Mom out of her home and using a printing company to ship and distribute products. The new, centralized location will offer employment opportunities and free product pickup for local customers.
“We ship all over the world, but our local base has been growing so much that readers have been looking for local pickup,” she said during an interview Wednesday.
The Budget Mom is hiring a full-time warehouse worker to oversee distribution and five to six seasonal employees to work from May to October.
Love will begin shipping products from the new facility by the end of January and offer free local pickup by Feb. 1.
Love eventually wants to use the new headquarters to help families meet their financial goals through events and classes.
“My hope is that we will be able to use some of the warehouse space to set up meetings and get-togethers,” she said. “We are looking at doing that in the future now that we have the space.”
Love, an accredited financial counselor who eliminated more than $77,000 in debt in less than a year, has been featured on news segments on CNBC, “Inside Edition” and “Good Morning America.”
Love has 4.5 million followers on social media across various platforms, including a YouTube channel that offers step-by-step budgeting advice with close to 100,000 subscribers.
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