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Ladies and gentleman, this episode will forever be an absolute dream come true for me. The day that we had the Emmy Award-winning co-host of Lifetime\u2019s mega-hit show Project Runway Tim Gunn.

Tim is fashion royalty and he\u2019s had a long lasting career as a mentor and educator with roles like\xa0 Chair of the Department of Fashion Design at Parsons School of Design, Fashion Dean at Fifth & Pacific and Chief Creative Director at Liz Claiborne Inc. He\u2019s also a New York Times best-selling author.

Takeaways from our time together:

How Tim didn\u2019t get paid when Project Runway first launched (season 1 AND 2). Nada. Zilch.His So Money moment after years of living paycheck to paycheck as a \u201cpauper educator,\u201d he describes.Receiving a $50,000 inheritance in the 1990s and how he used it strategically.Fun Fact: Tim and I actually used to live in the same apartment building together (though I was always too shy to say Hello. I blame my yoga pants.)

For more information visit www.somoneypodcast.com.