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At 31, 'cash-strapped' single mom started saving $25 a month—she used it to launch a business that brings in $440,000 a year – NBC Connecticut

Penny Bowers-Schebal started saving in a Home Depot DRIP account when she was 31 years old. Twenty years later, she used the money to launch her bridal shop.

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Saving $25 a month helped 'cash-strapped' single mom start a business

Penny Bowers-Schebal started saving in a Home Depot DRIP account when she was 31 years old. Twenty years later, she used the money to launch her bridal shop.

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At 31, 'cash-strapped' single mom started saving $25 a month

In 2000, Penny Bowers-Schebal was a 31-year-old "cash-strapped" single mother struggling to cover basic household bills. She wanted to "build financial…

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Saving $25 a month helped 'cash-strapped' single mom start a business

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Formality Bridal owner: How 'strategic relationships' help me succeed

At an insurance job, Penny Bowers-Schebal learned to build "strategic relationships." Now, she uses that skill at her wedding dress store, Formality Bridal.

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55-year-old who quit her job to start a business that brings in $400K a year: Here's the No. 1 lesson that helped me succeed

At an insurance job, Penny Bowers-Schebal learned to build “strategic relationships.” Now, she uses that skill at her wedding dress store, Formality Bridal.

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55-year-old whose side business brings in $400,000 a year: Here's the No. 1 lesson that helped me succeed

At an insurance job, Penny Bowers-Schebal learned to build “strategic relationships.” Now, she uses that skill at her wedding dress store, Formality Bridal.

Ohio , United-states , Cleveland , Geneva , Genè , Switzerland , Rebecca-somnitz , Instagram , Shell , Penny-bowers-schebal , Formality-bridal , Something-white-bridal

55-year-old whose side business brings in $400,000 a year: Here's the No. 1 lesson that helped me succeed

55-year-old whose side business brings in $400,000 a year: Here's the No. 1 lesson that helped me succeed
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.

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55-year-old farmer spent $25,000 to open a bridal shop—now it brings in more than $300,000 a year

Penny Bowers-Schebal started a wedding dress store with no industry experience. Six years later, Formality Bridal brings in over $300,000 in revenue per year.

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How an Ohio farmer built lucrative wedding dress shop Formality Bridal

Penny Bowers-Schebal started a wedding dress store with no industry experience. Six years later, Formality Bridal brings in over $300,000 in revenue per year.

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