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

Everyone loves an unlikely success story. We are often told that anything is possible and these success stories give us all home to chase our dreams. Still, we need to make money and pay the bills. Dreams just don’t feel very lucrative. Is it possible to turn your dreams into reality?    Today’s guest embodies what it means to be an unlikely success. Cathy Heller didn’t come from much, had a little education, and no idea about how to make it in a career. It wasn’t likely that she would make it big in her career as a songwriter, but Cathy persevered. Using her creativity, Cathy figured out a way to market her skills by selling songs to Fortune 500 companies. Now, she has an incredibly profitable podcast, Don’t Keep Your Day Job, where I have been a guest.    Today, I am turning the microphone on Cathy so that she can tell us how she found her unlikely success. Her biggest lesson for everyone is that, with a little ingenuity, we can turn almost any passion into a money-making enterprise. Cathy is going to share

Welcome to the 100th episode! It feels surreal that my initial dream to start a podcast has transformed into a movement of women taking ownership of their finances. While more and more women are feeling empowered by their wealth, a whopping 71% of women still have all of their money in cash. Investing feels like some kind of impenetrable black box, and for many of our listeners in the middle of their financial growth journey, it can be cost prohibitive to take advantage of a financial planner. I’ve been listening to you, the ProfitBoss community, and I have developed a service that will start your investment journey with the same level of service and confidence I give my own clients. Here it is: Ignite Investing!     Ignite Investing would not exist without the dedication and hard work of Jen Rupp. Jen has a degree in Economics and Finance, over a decade of experience in financial planning, and the same vision to help women start their investments with a strong foundation. Over the past 9 months, Jen and I ha

Everyone has an opinion about sales, and for many, that opinion isn’t very positive. However, if you’re an entrepreneur, you’re in sales! There’s no way around that! Despite some reservations about it, we all know that a career in sales can be very, very lucrative. So if you’re looking to increase your income this year, this episode of ProfitBoss Radio is a must-listen. Judy Hoberman is my guest today, and she is sharing with us her lessons learned from a 30-year career in sales.    What surprised me most about this interview is that Judy is very clear sales isn’t about kitschy closing lines or being manipulative, it’s about building a connection with people, asking the right questions and doing the right thing. You’ll love the way Judy makes sales seem warm, friendly and accessible. Judy has experience in just about everything from education to insurance. She even did a stint as a roofer!    Now, Judy is transforming her years of experience into actionable tools that her clients can do to boost their sales.

We all know that real estate is a worthy investment, and on your path to financial freedom, you will likely enter into the complex process of selling or buying a home. When it comes to real estate, knowledge is power. That being said, very few sellers or buyers are actually doing their homework. We are also battling cognitive biases that will lead us down a dangerous path if we aren’t careful. That is why I am so glad to have my guest, Aaron Hendon on the show today. Aaron is an award-winning, Seattle-based Realtor who is on a mission to educate buyers about the real estate process. His book, Shortchanged by Shortcuts? 44 Surprising Ways People Rip Themselves Off When Buying Or Selling Their Home outlines the common pitfalls we tend to fall into when buying and selling real estate.  You need to understand the transaction process in order to make the most out of real estate. When you think about choosing a Realtor, do you think about interviewing them as you would when hiring an employee? How do you know if yo

There can never be any secrets in money. Today, I have an amazing and compelling interview with Janet Lombardi, author of Bankruptcy: A Love Story. In 2007, Janet called her financial advisor for a routine check-in because she hadn’t received her annual statements in the mail yet. What her financial advisor told her changed everything: He said, “The accounts are empty. Get an accountant, get an attorney, and get a private detective.” This is Janet’s account of the financial fallout that resulted from her husband’s secret money mistakes.    I am thankful that Janet is willing to tell her story openly and honestly with the Profit Boss Radio audience. As you might have already guessed, the road to recovery was not an easy one. Janet is just as willing to offer up the lessons she has learned, as well as her own culpability in the situation. Janet had to do her homework. She was no longer able to deny the hard truths about money. What she found on the other end was a sense of empowerment and confidence when it com

One of the biggest steps we have to take on our journey to financial freedom is to decrease the burden of debt. Paying minimums can delay immediate problems, but debts can pile up quickly and might cause you to miss out on some of your dreams. I am bringing you a story today of a listener who found herself in considerable debt but was determined for it not to ruin her relationship or put a dent in her career goals. This is the story of Beck, a listener and member of the ProfitBoss community who worked hard and has had a huge financial turnaround. It just about a year and a half, Beck went from debt to wealth in a major way.    Beck started out her early adulthood with some damaged perceptions around money. Her father made some serious money mistakes but always tried to create a comfortable lifestyle for his family. Beck initially wanted to present an image of wealth and prosperity, even though she was paying for her lifestyle in credit. She was aware this was a problem but was unmotivated to take the drastic

Forming a healthy relationship to our finances is all about taking small steps towards our ultimate financial goals. No matter your income, I believe you have the capability to find financial freedom. If you are looking for a little financial peace today, then you are going to love my conversation with Rachel Cruz! Rachel has a down-to-earth, practical perspective on finances that comes from an early exposure to money management skills. That’s right, Rachel’s dad is the one and only Dave Ramsey, who revolutionized the world of personal finance for so many of us!    Growing up with Dave Ramsey, you might think that Rachel spent her days filling in spreadsheets and planning mutual funds, but she assures me that isn’t the case. Instead, Rachel grew up with a healthy relationship with her finances and a desire to share that knowledge with others. Rachel has a natural love of public speaking, and even when she was still a child herself, she was sharing what she knew with those around her. Today, Rachel has publish

When a parent leaves an inheritance as a legacy for their children, the intent is always to secure their future. Statistics tell us that 1-in-3 heirs end up blowing all the money, rather than stewarding it well. Earning and keeping are two drastically different skillsets, and having advice and counsel is essential to manage wealth well. But what would happen if all the advice in the world was basically useless? What would happen if you knew you were going to inherit but had your hands tied?    Today, I have an interesting story about what happens when an inheritance rattles the future, rather than securing it. It is truly a tale of good intentions gone awry. In this interview, my client, who will be known only as “Annie”, tells the story of inheriting $4M from her parents. Annie shares everything she has had to go through just to get her hands on the money that was rightfully hers. Even though her parents took the time to have a trust drafted, she never found the actual trust documents and had to go through t

When we think about a hero’s journey, it’s tempting to play up the sweeping dramatic moments and downplay the mundane or sacrificial choices they make to reach that hero status. I have a story for you today that doesn’t pull punches but is just as heroic as any grand adventure we might read about. When I first heard Jackie B’s story, I could feel the strings of my heart being pulled in a million directions. Yes, Jackie is currently living out her dreams, but she had to make hard choices and take calculated risks to get there. To hear her tell it will tug at your emotions in the best way because she is living proof that you can come to your own rescue. Are you ready to feel empowered?  You can find show notes and more information by clicking here: http://bit.ly/2BntiPIHendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and shou

This week I'm speaking with Kelly, whose lax money habits from her early 20s landed her in a stressful 25-year cycle of debt and uncertainty. Now, having sought help to finally improve her understanding of money and establish healthy spending and saving, she's debt-free.  This episode is a great one for anybody wrestling with feelings of failure or inadequacy around money, but it's also educational for you parents out there who are wondering how to ensure that your children don't grow up with a sense of entitlement around finances.  In the interview, Kelly takes us through her early money memories and the reasons she hated focusing on money. She talks about what those 25 years of constant debt were like, and how she finally reached out to a financial coach who helped her reform her treatment of money.    You can find show notes and more information by clicking here: http://bit.ly/2jnUhWV Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations

Conversations about money are never easy, and talking to kids about money is no exception! This is one of the topics I get asked about most about, so I am thrilled to be able to bring to you the excellence and expertise of an incredible guest. If you are a parent or caregiver, your top priority is to make sure the child in your life is set up to succeed well into adulthood. Perhaps you have made some money mishaps that you insure your kids against. Maybe you just want to be proactive and start those money conversations early. Regardless of your motivation, it’s time to think critically about how to pass on smart money principles to the little ones.   My guest today is Neale Godfrey, an incredible asset to any parent thinking about money conversations with their children. Neale owns and operates Money For Life, and is the author of 27 books dealing with money, life skills, and important values. Neale was one of the first female executives at Chase, and is founded Children’s Financial Network INC. If all of tho

2018 is nearly upon us, and I know you are already thinking about your finances. This is the perfect opportunity to think back at all of the money choices you made in 2017 and begin to set some goals for the year ahead. Are you in the same camp as 42% of Americans who think setting resolutions is a waste of time? Are you excited to grow even closer to your freedom number this year? Whether you are the former or the latter, this episode is going speak right to you.    To begin this special New Year’s episode of ProfitBoss Radio, I wanted to touch on a question that I hear many of you asking: What’s the deal with Bitcoin? Bitcoin is a type of cryptocurrency or a digital currency. Bitcoin is not just digital currency, it is also a social movement. A group of people wanted the government out of their business, so they decided to create their own currency. While Bitcoin seems to be having a moment in popular culture, as is this BlockChain Technology it is associated with, I would never advise my clients to invest

No one would ever dream that experiencing sexual harassment could have a negative impact on their career and their income. And yet, the general consensus is that yes, sexual harassment has a huge and lasting impact on women in the workplace. While the bigger conversations like #MeToo and the Harvey Weinstein allegations are a bit larger than the scope of this podcast, it is still worth devoting time and collecting the best experts on the topic. I’ll start with my own story of sexual harassment, and the vastly negative impact it made on me when I was still very young. Knowing what I know now, I feel armed and ready to navigate these muddy waters with you…without costing you a coin.   First up, I am thrilled to have Tucker Miller on the show for an interview. She is an expert through and through, and she is working with the organization, ELI, to stop workplace harassment and give voice to the voiceless. Tucker is going to share her experiences navigating sexual harassment in the workplace in order to show you e

It’s time to get your money mindset intent on investing! On ProfitBoss Radio, I try to tackle the personal and cultural forces that are both pushing women forward and holding us back. Buzzing about in the media is the continuing conversation about women and wage parity. Are women making strides to even the wage gap? Are women investing and earning with the same confidence as men? I could think of no one better to tackle those questions than Jean Chatzky!    You might know Jean  as the Financial Editor from NBC’s “The Today Show.” She is also a respected finance journalist, host of the HerMoney podcast, and the author of nine books. Her most recent book, AgeProof, is just one point of conversation for us today. She has so much wisdom and expertise to share that would warrant several episodes of their own! I asked Jean how she does it all, from appearing on TV to writing countless articles and books, and she responded that it all comes down to mindset. Nothing fires Jean up like having conversations with people

Student debt, or debt of any kind, is a weight that impacts your entire life. The weight of debt carries a range of emotions from shame, anxiety, and depression to feelings of isolation and inadequacy. Many women struggle to find peace with that debt, let alone financial freedom. Typical debt solutions are often oversimplified—extreme budgeting, cutting back on lattes…there has to be more we can do. There has to be someone we can turn to! For a while, there wasn’t. That is exactly where my guest Melanie Lockert saw a need, and why she created a community as a response to that need    Join us for the conversation! http://bit.ly/2Awr0PDHendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary H

Healthcare and health insurance are getting more and more expensive. With changes coming with healthcare legislation, and with policy and coverage shifts imminent no matter where you live, you might be thinking about an alternative to traditional Health Insurance. Many people have turned to Medical Expense Sharing Programs to help offset the cost of medical care. If it sounds a little “out there” to you, hang with us. I am going to give you all the facts you need to know about Sharing Programs.  Helping me get to the bottom of Sharing Programs is Michael Gardner from Medi-Share. Medi-Share is a faith-based organization that helps alleviate the financial burden of certain medical expenses by spreading the cost to its members. If you are a part of Medi-Share, you have a monthly contribution that allows you to be a part of someone’s recovery. Programs like Medi-Share are all about this community mindset. It doesn’t just imagine a world where the community joins together to support one another, it makes that happ

Whatever your goals might be for taking control of your finances, you know that one of the biggest payoffs after prioritizing your finances is peace of mind. You know that you and your family can enjoy life to the fullest because you are more than prepared. Are you just as prepared for your present success as you are for the future? What would happen to your dependents after you pass away?  It’s time to talk about Life Insurance!    You can listen to the episode and read the show notes at:  http://bit.ly/2zXvEbK  Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

Are you looking for solutions to your money woes? I have talked with so many individuals who are seeking financial security and freedom but don’t know the first thing about managing their finances. Are you one of the 50% of people who say they worry about money on a daily basis? Then I think you need to listen to today’s episode. We are digging into how to automate your savings and your finances.  Let’s change how we talk about our money, how we think about our money, and how we use our money. Are you ready to take the first step? Let’s begin.  You can listen to the episode and read the show notes at:  http://bit.ly/2zXvEbK    Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendersh

Up first on today’s episode of Profit Boss Radio, Rachel Shipley fills us in about what to expect this Holiday Season. Where is your money headed? How are you handling debt, if any? Prevent the holiday spending hangover with a few tried and true Profit Boss solutions and do right by yourself! Not only will we address the common sources of Holiday Drama, but I’ll also answer a few “Ask Hilary” questions for couples who have savings problems.  Today’s episode is a rebroadcast of one of my very first interviews on Profit Boss Radio. My hope is that this interview inspires you to dig yourself out of some of the mucky, messy moments in life, and work towards your goals to help you thrive.  You can listen to the episode and read the show notes at:  http://bit.ly/2zAwL0THendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should n

With so many workers experiencing burnout, apathy, and frustration within corporations and small businesses alike, the last thing anyone wants to spend energy on is career progression. At the rate of change within just about any industry, no job is secure. Why do so many of us feel like we’ve reached a career stall? Politics, inability to get promoted, fear of asking for a raise, and even office harassment can play a part in career stagnation and unhappiness. Today on ProfitBoss, I want to show you that there is hope for a positive change within easy reach.   My guest today is Tim Cole, author of The Compass Solution and a longtime Executive in Healthcare who has gone through 24 restructures within his company. Tim will share with you his hard-won wisdom about how to have a successful career with ease. Using practical, strategic thinking tools, Tim guides us through some of our most common career hang-ups.    Tune into this episode to hear how you can make sure you get ahead in your career. You can find show