Profit Boss® Radio | Women And Money | Financial Planning | Money Psychology | Personal Finance | Couples And Money

Once upon a time, managing your finances meant sitting across from an advisor in a big office, flipping through stacks of paper. But times have changed and thanks to technology, you can work with an expert financial team from anywhere—without sacrificing trust, personalization, or expertise. In fact, you might prefer working with a virtual advisor, and we’re going to explain why!In this episode, Hendershott Wealth Management advisors Jen Rupp and Alyssa Hause break down a few key advantages that come from working with a virtual financial planner, including: ✔ ️ Why location doesn’t have to limit your choice (or ours!) ✔  How technology helps us deliver better service and build more meaningful relationships ✔  The benefits of choosing a firm that aligns with your vision and values ✔  Why virtual advising makes financial planning easier, more efficient, and less stressfulIf you’ve been debating whether a virtual financial advisor is right for you, this episode just might have your answer.

Welcome back, Money Lover! In today’s episode, we’re tackling a financial risk I see far too often: holding too much of your employer’s stock. If you’ve built up a significant position in company shares through stock options, RSUs, or other equity compensation, this conversation is for you.Many people assume that because they work for a successful company—especially one of the Magnificent 7 (Apple, Microsoft, Nvidia, Google, Amazon, Tesla, Meta)—their employer stock is a safe and smart investment. But when it comes to investing, diversification is key. Today, we’re breaking down the risks of concentrated stock positions, and talk about why even the biggest companies rarely stay on top forever. Then we’ll get into how diversification helps protect and grow your wealth, and wrap up by sharing smart, strategic, and tax-efficient ways to sell your employer stock.It’s easy to feel attached to your company’s stock—after all, you’ve invested your time and energy in its success. But holding too much employer stock ex

Many people wait until tax season to think about their taxes, only to feel overwhelmed and unprepared. But the truth is, tax season isn’t really a “season” at all! Tax planning is an ongoing process that plays a crucial role in your financial success, and should be a consideration all year long. Because when approached strategically, proactive tax planning and preparation can help you keep more of your hard-earned money.In this episode, Jen Rupp (our Director of Financial Planning/Senior Financial Advisor) and Alyssa Hause (one of our Lead Financial Advisors) take the mic to talk about the value of proactive tax planning–and how you can take some of the stress out of tax prep.They break down the difference between tax planning and tax preparation, explain why looking ahead instead of reacting can make a huge impact on your financial future, and walk you through examples of how working with financial professionals who understand tax strategies can help you minimize what you owe–and maximize your long-term weal

Welcome back, Money Lover! In today’s episode, we’re diving into a topic that I’m incredibly passionate about: protecting women’s wealth. This is a conversation that applies to everyone—whether you’re a woman looking to safeguard your financial future or someone who wants to support the women in your life.Protecting wealth isn’t a new topic around here. It’s the final step in our 7 Steps to Wealth framework, and we spent the last few episodes talking about different ways to protect your wealth in relationships–with yourself and others. This week we’re wrapping up that series with an episode focused on financial planning considerations for women.Women have long been praised for their generosity, often being encouraged to give their resources away. However, true financial security begins with keeping and growing wealth, not sacrificing it. This is especially important when you consider some of the life experiences women tend to go through, particularly as they relate to longevity and the evolution of our financ

A lot of people have purely romantic notions about marriage, but the truth is that marriage, in its simplest form, is a contract that provides legal protection. That contract is meant to cover ownership of real estate, division of assets, determination of healthcare directives, and more. Not everyone wants to enter into the terms of that contract, but their relationships still deserve respect and their wealth and assets still deserve protection. So if you’re interested in a long-term romantic partnership and want to build a life with someone–without the legal commitment–this is the episode for you.

It’s often said that money is one of the most common sources of conflict in a marriage, and a leading cause of divorce. Today’s episode has me rethinking that positioning: What if money isn’t the one to blame, and the actual culprit is a lack of communication?You’ve likely heard me talk at length about the 7 Steps to Wealth, which is the framework I used to climb out of debt and build lasting wealth. The final step in that framework, Protect, is all about safeguarding your financial future. It’s one of the most important–and often neglected–steps. I did a deep-dive into the seventh step in episode 264, but today we’re taking a closer look at one crucial part of Protect: how to protect your wealth when you’re in a relationship. Specifically, we’re going to talk about prenups, postnups, and how they can help you preserve your wealth *and* your relationship.To help us unpack this topic, I’m joined by Kara Foster, an attorney from Foster Hsu, LLP. Kara and Lydia, her partner at the firm, are experienced in all as

Today I’m joined by the brilliant Beatriz Victoria Albina (a.k.a. Béa) for a conversation about something I’m incredibly passionate about: empowering women to own their truth, author their lives, and thrive in mind, body, relationships, and finances.Béa is a Master Certified Somatic Life Coach, breathwork meditation guide, and the host of the Feminist Wellness Podcast. Her work helps those socialized as women reconnect with their bodies and minds, break free from codependency, perfectionism, and people-pleasing, and reclaim their joy and power.In this episode, we dive into why so many women self-sacrifice to make others happy, what it means to emotionally outsource your sense of belonging, and how to cultivate internal self-worth. We uncover the unspoken expectations that fuel self-sacrifice, explore the transformative role of somatic experiencing, and discuss how to realign emotional, physical, and financial choices with your values.You’ll also learn about the “rescue trap,” the power of setting boundaries a

Today on Love, your Money® , I’m thrilled to bring you a conversation with someone I personally listen to nearly six days a week: award-winning broadcast journalist Erica Mandy. After a decade-long career in TV news, Erica left the traditional newsroom to create and host the popular daily news podcast, The NewsWorthy–a show that delivers the day’s news in a way that’s convenient, unbiased, and enjoyable.Erica and I first crossed paths years ago at a podcasting industry event when both of our shows were just getting started. As I got to know her and became a loyal listener of The NewsWorthy, I was struck by how aligned our values are, especially when it comes to covering financial and economic events. Her “fast, fair, fun” approach to news reporting has guided my experience through major global moments, from the COVID-19 pandemic to presidential inaugurations, Olympic games, and more!In this episode, Erica shares her journey from traditional news reporting to building her own media platform. We discuss how her

Today’s topic is a highly requested one: how ADHD impacts your finances. I’ll be honest, normally when I have a guest on the podcast, I’m at least a little bit familiar with the topic we’re going to discuss–but today is different. Until this conversation, I had next-to-no experience dealing with ADHD. But I do know it’s a common issue as more and more adults–especially women–receive ADHD diagnoses. And that’s why I’m so excited to welcome Dr. Stephanie Sarkis, PhD to the Love, your Money® Podcast to share her expertise!Dr. Sarkis is a psychotherapist who specializes in ADHD, anxiety, and working with victims of narcissistic abuse. She is the author of eight books and three workbooks about ADHD and money, healing from toxic relationships, and the impact of emotional abuse on your finances.Stephanie is a National Certified Counselor, Licensed Mental Health Counselor, American Mental Health Counselors Association Diplomate, and a Florida Supreme Court Certified Family and Circuit Mediator. She has been in privat

Have you heard the phrase “be stubborn about your goals and flexible about your method”? It’s pretty good advice.Attachment and unwillingness to release the plans we’ve made or the expectations we have can be very costly, which is something that today’s guest has learned a lot about in the last few years. But thanks to healing core wounds and reprogramming her subconscious, she’s been able to work through those ego blocks and accomplish some pretty incredible things.Tonya Rapley is someone who really embodies the 7 Steps to Wealth in her life. Her story is a great example of what’s possible when you break through limiting beliefs and author your own life based on what you actually want–not what you’ve inherited.Tonya is a speaker, financial educator, best-selling author, and investor. She is the CEO of Her Legacy Media, Inc., and founder of My Fab Finance–a media company that helps you do things with your money that you’re proud of.I invited Tonya to join me on the podcast to talk about her money journey, inc

Listen up: There’s going to be dollar signs flying at you after this episode.Okay, I might be exaggerating, but listening to today’s guest WILL change how you show up in crucial conversations in the workplace–and what opportunities those conversations open up for you.Melody Wilding is an award-winning executive coach, human behavior professor, and the author of Trust Yourself: Stop Overthinking and Channel Your Emotions for Success at Work, and its follow up, Managing Up: How to Get What You Need From the People in Charge, coming out in March 2025. As a therapist, coach, and emotions researcher, Melody weaves evidence-based neuroscience and psychology with professional development. She joined me on Love, your Money® to share her expertise as it relates to money conversations, negotiating with higher ups, and advocating for yourself financially in a professional setting. If you’re what Melody calls a Sensitive Striver–a highly sensitive person who’s also high achieving–OR you’ve ever felt like your people-plea

Want to help your child get into their top choice college with $75,000 of scholarship money? Then pay attention Money Lover, because today we’re talking about what you need to know–and what you can do–to make that happen. Choosing and paying for the right college is something that has frustrated many parents for many years. Dr. Pamela Ellis has made it her mission to help families navigate the admissions process and get the financial support they need, which is why I invited her to join me on the podcast! Dr. Ellis is an award-winning author of the best-seller "What to Know Before They Go: College Edition," and the founder of Compass College Advisory. She and her team have helped over 30,000 families navigate college admissions, ensuring teens find the right fit without overspending. Dr. Ellis has a 95% success rate in getting students into their top-choice colleges, and secures an average of $75,000 in scholarships per student. In this conversation we talked about what led her to this line of work,

I know many of you have wondered what sets financially successful individuals apart when it comes to their money routines, particularly at year end–because you ask me! Every year, I get emails and DMs asking if I have any tips for ending the year knowing you’ve made the most of it financially, and setting yourself up for future success. So today, we’re talking about end-of-year routines that wealthy people embrace to grow their wealth and protect their financial legacy in the years to come. I’m going to share some strategies you can adopt to make sure you finish 2024 on solid financial ground, and start 2025 with clarity, renewed energy, and the confidence that comes from knowing you’ve taken care of business.Of course, doing a year-end wrap up for your finances isn’t just for businesses–it’s also a great habit to get into with your personal finances!That’s why we'll be exploring a range of financial routines and end-of-year best practices, taking into account both the perspectives of individuals and bus

Are you good at accepting compliments or help from others? Because today’s guest really had me thinking about how often I see women deflect kind words or struggle to receive support–and how that could be negatively impacting their wealth. I’m absolutely chuffed to welcome Cathy Heller back to the show. Cathy is a teacher, author, and host of one of the top spiritual podcasts, Abundant Ever After, which has been downloaded more than 45 million times! I love having Cathy on the show because there’s so much overlap between her spiritual encouragement to lean into connection to higher power and my message of financial self-empowerment. We’re both in the arena sharing our own past mistakes with money–and now–our currently transformed and abundant state, because we want you to know that abundance and wealth are in reach for everyone. Cathy is a practitioner of the law of reception, has a deep understanding of the universal principles of manifestation, and she guides individuals on a transformative journey towards u

You have made it to the final step in the 7 Steps to Wealth framework, Protect! This is the step that ensures everything you’ve worked so hard to build can’t be lost due to unforeseen–or even semi-predictable–circumstances. This step might just be the easiest to ignore–because implementing it isn’t the most fun thing on your to do list. Believe me, I get it! It’s a lot more exciting to earn money and invest it than it is to buy insurance or meet with lawyers. But. It’s even LESS fun to lose all your hard-earned money to clerical errors or insufficient insurance. Remember: As your wealth grows, the weight of potential mistakes grows alongside it–and that’s usually a sign it’s time to bring on a financial professional who can make sure you’re doing everything you should (and could!) to grow and protect your wealth.I am fundamentally an evidence-based optimist, but let’s not sugar coat it: If you don’t protect your wealth, it doesn’t matter how much you earn–because it could all disappear in a blink. I’ve witnes

I don’t record a bonus episode every time a major event takes place, but I do find cause for chiming in when I see something sparking questions, curiosity, and potential concerns amongst my clients and community.In this case, that “something” is the 2024 presidential and congressional elections, which are officially in the books. As I’m sure you know, Donald Trump won the presidency and Republicans will now have a majority in the Senate and the House. What you might not know is what those election results could mean for your money–so that’s what we’re going to talk about in this episode. At this point, I’ve been running Hendershott Wealth through more than five presidential turnovers. I’ve had the opportunity to exercise a lot of mental acuity in evaluating implications of potential policies, and ensuring my clients’ assets are protected, regardless of the outcome.Thanks to this experience (and the evidence that backs me up) I have a lot more peace about the potential impact of the election on both my and my

Not only is today’s episode centered on one of the juiciest of the 7 Steps to Wealth… it’s also one of my favorites because the topic is downright FUN.Welcome to Step 6: Invest.This is where the money game gets exciting, and it really starts to feel like the rules are working in your favor. Each of the previous steps has been pretty responsibility heavy, requiring mental, emotional, and physical labor from you. Step 6 is really about–in an educated way–releasing the reins a little bit and letting your money do the work FOR you. Fun fact: Investing is the only way to earn true passive income, but so many people don’t take advantage of the wealth building vehicle that is the stock market because they don’t understand the rules of the playground–and I want to see that change.

We’re officially at (almost) everyone’s favorite step: Earn! This is what most people think about when they imagine building wealth. After all, more money seems like the obvious solution to financial problems, right? Increasing the dollars that come into (and stay in) your accounts is definitely an important piece of the wealth building puzzle, but it will only solve your financial problems IF the other Steps to Wealth are looked after.And.Earning money is exciting! It creates possibilities, and I promise you will find possibilities everywhere when you start looking for them.In this episode, I talk about what gets in the way of people making more money, give ideas to help you earn more as an employee or a business owner, and share stories about people who have leaned into the Earn step to increase their wealth–and change their lives for the better. ✨ The purpose of this step is really to start thinking about earning as the intersection between your thoughts and your choices, so you can understand the changes

Welcome to one of the most elusive steps of the 7 Steps to Wealth framework: Ask. This step is life changing, because when you embody the Ask step, it means you embody the expectation that you will reach financial freedom.That said, this step is also especially difficult for women. I’m going to explain why that is–and what you can do to overcome that obstacle–because mastering the practice of asking is essential if you want to build meaningful wealth. In just 28 minutes, we’re going to explore the importance of identifying what you really want in your life, dig into what gets in the way of asking for what you want–and, you’ll be challenged to ask for more, with very specific examples and action steps to help you get started.I’ll share stories about people who absolutely changed their lives by asking, like a client who doubled her salary, a friend who got a full ride to medical school, and some women who wanted to pay for Taylor Swift tickets and ended up landing completely new jobs. (They’re my co-VPs of mark

I often say there are two worlds of money: the one that lives in your bank account, and the one that lives in your head. And the only way to make that second world real is to talk about money, which many people are hesitant to do. But I have been behind the scenes of so many peoples’ bank and investment accounts, and deep in conversation about their money stories. Over the years, I have witnessed firsthand the power of words when it comes to creating their reality–and financial future. I’ve watched a client shift from saying “money is easy come, easy go” to “money is easy come, easy stay, easy grow,” and before long her account balances synced up with that mantra. I’ve also had clients report that they stopped fighting with their spouse about money once they started talking openly about it–and they were able to accomplish so much more when they were on the same page.      Talking about money might seem like a tiny, negligible part of your wealth building experience–but it’s not! It’s transformative, and that’