Love, your Money - Wealth, Money, and Financial Advisor for Women

Welcome to episode 197 of Profit Boss® Radio! In this episode, we’re talking about financial therapy: what it is, how it works, and if you should try it. Couples and families find themselves in conflict over money all the time. They struggle to communicate effectively when it comes to money, working toward common goals, and sharing values to ensure long-term financial success and a fulfilling life. Today’s guest, Thomas Faupl, LMFT, is here to help address these challenges. Thomas is a private practice therapist specializing in trauma and financial therapy for individuals, couples, and families. While he was in grad school, he worked as a certified consumer credit counselor for Consumer Credit Counseling of San Francisco, and he’s counseled hundreds of people to help solve issues around personal finance. If you’ve ever found yourself arguing about money with your spouse, parents, kids, or extended family, you’re definitely not alone. In this episode, Thomas shares the most common issues people have with money, how to overcome them, why financial therapy is an emerging field in psychology, and why it might be right for you. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why it’s so hard for a traditional therapist to solve issues around money. The main issues that Thomas sees in his personal practice–and why the opposites that attract in relationships can create stressful money situations. The questions Thomas asks clients to help identify potential issues and boundaries without being forceful or manipulative. Why so many people have traumas around money–and the tools you can use to unpack, process, and work through them. How gender conditioning around money can impact how couples handle their money–and how both financial advisors and therapists see relationships. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/thomas-faupl-financial-therapy Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott 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.

Welcome to episode 196 of Profit Boss® Radio! Today, I'm sharing a timeless episode from the Profit Boss® archives with financial guru Farnoosh Torabi. In my humble opinion, there's no one better to help us with our mindset and understanding of how we talk about money. Farnoosh is the host of one of my favorite podcasts, So Money, and the author of When She Makes More: 10 Rules for Breadwinning Women and You're So Money: Live Rich, Even When You're Not. You may have seen her work in publications such as the Oprah Magazine, the New York Times, the Wall Street Journal, Fortune, and Forbes, to name just a few. If there's anyone that embodies the "work smarter, not harder" mindset, it's Farnoosh. Her insights on what it takes to make more money, avoid burnout while doing it, and the importance of having a side hustle has been incredibly beneficial for me in my career, and I know her expertise will add value for you too. So, if you're ready to earn more, live life on your terms, and negotiate your value while putting yourself in a better position for success, I know you'll absolutely love this episode. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Farnoosh’s inherited Money Operating System, “You have to work hard for money” and how it has impacted her life. How Farnoosh works smarter, not harder and ways she avoids burnout. The core tenets of making more money–and the shift in belief that transformed Farnoosh’s mindset and earning power. Why starting a side hustle on a firm foundation is key to producing something very profitable. What Farnoosh learned by producing a show every single day–and what she did to hit over 100,000 downloads within two months. Tips on how to negotiate compensation contracts with major television networks. Why so much of the world of finance is so male-oriented–and what a future of financial products for women that aren’t dumbed-down could look like. What happens when a billionaire on her television show finally lets her guard down. What Farnoosh has learned from interviewing top performers, CEOs, and executives in a wide variety of fields. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/farnoosh-torabi-money-talk Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts 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.

Welcome to episode 195 of Profit Boss® Radio! In this episode, we’re talking about burnout and more importantly, is burnout making you broke? Stress and burnout are two topics that are very close to my heart. We live in a society that won’t stop messing with our heads and bodies. Many people struggle with glass ceilings in our personal health and our professional success, as well as anxiety–and all of these things interfere with our wealth and our ability to perform. This is why I’m so excited to talk to Deanna Rose. Deanna is a peak performance strategist and the founder of Wellth. She’s a certified strength and conditioning specialist and a doctor of naturopathic medicine, and she’s been helping high-performance entrepreneurs become stress-free for years. In this episode, you’ll hear her definition of burnout, the telltale signs to lookout for, and the secrets to significantly lower your anxiety to avoid experiencing the symptoms of burnout that can negatively impact your wealth. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why it’s so easy to leverage your health above everything else–and how this all but inevitably leads to burnout. What exactly burnout is, why it’s such a slippery slope, and how easily it becomes chronic. How to reduce your anxiety without the help of wine or marijuana. Ways to create a more holistic living and working environment that allows you to spend more time in your flow state. How to set yourself up to win in your personal life and in business. What Deanna’s coaching looks like for her clients–and what she’ll be offering in her upcoming group program. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/deanna-rose-is-burnout-making-you-broke Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott 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.

Welcome to episode 194 of Profit Boss® Radio! In this episode, we’re talking about how students can get free money. That’s right, free money! Whether you have a 6 month old child or even if you’re in your 80s, if you’re making plans for a college education, you deserve to do it debt-free. Here to discuss this topic is Rhea Watson. Rhea’s the President and Founder of Scholarship Solutions, a premier scholarship and college consulting firm. Rhea has personally earned over $300,000 in scholarships and has helped her students win over $200 million to attend their dream schools. Her work has been featured on the Today Show, in Forbes, and in Black Enterprise, to name just a few publications. Let’s face it, everyone wants to give their child the best chance to be successful, and it all starts with a great education. It doesn’t matter where you’re from, or how much money your family has, there are ways to make those dreams a reality. If you’re worrying about paying for school–your kids’ or even your own–you’ll definitely want to listen to what Rhea has to say. It’s never too early to start making a plan to get a great degree without being forced to swim out of a giant pool of student debt. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why students of almost any education level, ethnic background, or economic situation can qualify for scholarships–and how Rhea pushes kids to become A students. How students of any age (including babies!) can find all sorts of scholarships. How Rhea helped an 88-year-old volunteer Santa Claus get scholarship money to finish his college degree. Rhea’s advice for families trying for full-ride scholarships to expensive four-year schools. How a powerful scholarship strategy can help students start building wealth before they even graduate school. What current high school seniors who have barely started to hunt for scholarships should do right now to offset the costs of school. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rhea-watson-maximizing-scholarship-dollars Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify 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.

Welcome to episode 193 of Profit Boss® Radio! In this episode, we’re talking all about the end of year financial routines used by the wealthy.   Just like there are life hacks and morning routines that lead to great success, there are certain annual financial routines successful entrepreneurs use loyally - but keep close to the vest. After years of working with business owners every day, I’ve curated an annual financial routines checklist that I myself strictly abide by at the turn of every year, and today I’m sharing it with you.  Coordinating your business and personal finances is hard. Implementing time-tested and leveraged routines can make a massive difference!  There are certain things that you absolutely have to have done by December 31. Follow our checklist and not only wrap up 2021 powerfully, get yourself synched to your goals and launch yourself into 2022 with momentum! For the full financial checklist, please visit: https://hilaryhendershott.com/end-of-year-financial-routines Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/end-of-year-financial-routines Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott 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.

Welcome to episode 192 of Profit Boss® Radio! Today, we’re talking about 7-figure mindsets–what it means to have a solid perspective on not just launching a business or making money, but all things entrepreneurial.  If you’re an entrepreneur, life can feel like an uphill battle, especially as you struggle to carve out your niche, find your place, and build/scale your first seven-figure business. Some may find themselves feeling unfulfilled, struggling to stay motivated, and even feeling consumed by self-loathing when the going gets tough. But that’s not what every entrepreneur experiences, and it’s not what you should, either.  To help us manage these thoughts and challenges, I’m joined by Ron Reich. Ron helps emerging experts build seven-figure businesses, and he’s also my launch coach. He’s a wealth of information, and he’s worked with some incredible names, including Hay House Publishing, Todd Herman, Selena Soo, Denise Duffield-Thomas, and Ryan Levesque–to name just a few. If you’re ready to stop struggling and finally understand how real entrepreneurs achieve breakthroughs and hit their goals, then this conversation is for you! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Believe in yourself because if you don’t, nobody else will. How the mindset of an A Player is that they do what is necessary, they understand necessity and they never deviate from that. When a 7-figure entrepreneur decides they’re going to create something, they are focused and they remain focused until they achieve the goal. Asking for help or reaching out to those who are in a position to help you is not a weakness. The value of giving that extra 3% and going the extra mile, even with something as simple as making phone calls yourself to promote an event. The power of the “Antifragile” mindset and understanding that what doesn’t kill you only makes you stronger. How an A Player is ruthless, relentless and focused on controlling the things that are within their control. The difference between leading indicators vs lagging indicators. The value in setting aggressive, yet achievable goals. Take action, and stay on the path. Why the most successful high achievers are fantastic at implementing. Don’t procrastinate and wait until you’re in alignment. The sooner you make that phone call, the sooner you’ll get the results you’re looking for. Energy is power so stay focused on maximizing your energy, which will make you a far more productive person. Most people typically have 4-5 productive hours each day so getting the proper amount of sleep, eating healthy with daily exercise will help you get the most out of those hours. Never be afraid to get outside of your comfort zone. Challenge yourself because this is how you grow! Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ron-reich-7-figure-mindset Follow Hilary on: Twitter 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.

Welcome to episode 191 of Profit Boss® Radio! In this episode, we’re talking about how to teach your kids about the value of money and entrepreneurship.  Schools rarely teach financial responsibility, encourage entrepreneurship, or equip kids with the skills they need to understand our money systems. It’s why so many of us learned these lessons the hard way–and it’s why it’s so important to make sure our own children get a better financial education than we did. With that in mind, I’m thrilled to be talking to Rob Phelan. Rob’s a high school math and personal finance teacher by day, but by night, he’s the author of M is for Money, a book of financial lessons for kids, as well as the founder of Simple Startup, where he provides online coaching for 10-18 year old entrepreneurs.  In today’s episode, we’re talking about how to teach your kids about money and finance in ways that they’ll care about. We’ll also hear about some incredible companies founded by amazing kids, and help find ways to make sure that children have a better understanding about the value of money that you wish you had when you were young. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The hard financial lessons that helped Rob learn about money in his 20s. Why kids don’t need good math skills anymore to have great money skills. The value of teaching kids financial independence over financial literacy. The importance of leaving a legacy for our children, and the value in teaching our children at an early age. The wonderful success story from a young girl who took Rob’s course and is still demonstrating a tremendous amount of entrepreneurial spirit. Why you don’t need to be all knowing–and how to encourage your kids to develop their own healthy relationship with money. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rob-phelan-teaching-kids-about-money-entrepreneurship Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify 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.

Welcome to episode 190 of Profit Boss® Radio! Today, I’m digging into the Profit Boss® Radio archives and sharing one of my favorite interviews with the iconic Ali Brown—a true pioneer in the online business world. If you’re not familiar with Ali’s story, she left her full-time career with less than $20 in her bank account and created a successful 7-figure enterprise. Now, she is one of the most recognized entrepreneur coaches in the world. Ali has built a coaching and consulting enterprise that ranked in the Inc. 500 list of the fastest growing companies in the U.S. She’s the Founder and CEO of the women’s business empowerment company, We Lead. She’s also the Founder and CEO of The Trust, a premier global network of entrepreneurs generating 7 and 8-figure revenue. Ali is the host of the massively successful Glambition® Radio show and has been named Forbes’ Women to Watch and was featured on the ABC primetime hit, Secret Millionaire. In this interview, Ali shares her wisdom and a ton of great advice to help entrepreneurial women with the most common money problems and challenges they will face, the money mindsets that lead to meaningful net-worth growth, and her realizations about self-worth and how that translates to how she pays herself. Enjoy! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Ali shares her secrets that led to her 7-figure income spike and how she made sure to keep the numbers high. Mindset secrets to being the full-time breadwinner in her family. Ali shares her realizations about her self-worth and how that translates to how much she pays herself. How she approaches marketing to promote her brand. Ali’s “sharp right turn” approach to staying ahead of the curve. And much more! Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ali-brown-making-your-money-a-priority Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google PodcastsHendershott 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.

Welcome to episode 189 of Profit Boss® Radio! In this episode, we’re talking about saving for college and career training–and how to use 529 plans to make this daunting task more manageable. There are a lot of reasons you might want to use a 529 plan. These plans allow Americans to save for higher education on a tax-advantaged basis. This means that as they grow in value, that growth isn’t taxed. So long as the money is withdrawn to pay for higher education in some form, you don’t owe tax on the value of the account either. This means more money for college, technical school, or a paid apprenticeship, as well as an added benefit that many people can take off their state tax obligations in a number of places. Joining us to talk about 529 plans are Patricia Roberts and Hendershott Wealth Management’s very own, Jen Rupp. In the first half of this episode, you’ll meet Patricia, who’s the author of Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans. You’ll then hear from Jen Rupp, who’s the head cash flow coach in my coaching program, as well as an expert on 529 plans herself. If you’re ready to learn about some great ways to take the pain out of saving for college, this episode is jam-packed with information that will help you prepare to take the first steps. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why you can create a 529 plan in any state–and which states offer the greatest benefits for residents. How you can legally use funds in 529 accounts for expenses far beyond tuition, including apartment rent, certificates, and even computer equipment. Why you should still consider opening a 529 for your kids, even if you have no idea if they’re going to go to college (or they hit the jackpot and receive a full ride scholarship). How your employer can help you prepare for the costs of higher education. What it means to superfund a 529–and how to legally put as much as $150,000 in a single year into these accounts. The rules of the road for investing when it comes to 529s. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/patricia-roberts-529s-ultimate-education-savings-account Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify 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.

Welcome to episode 188 of Profit Boss® Radio! In this episode, we’re talking about how to manifest anything you want! If you’re listening to this, you have the power to live a bold, successful life–and one with real work/life balance, too! However, to make it happen, you don’t just need pure will. You also need systems and boundaries to live mindfully and manage your time. Few people understand this better than today’s guest, Heather Vickery. Heather has been an entrepreneur for 20 years, a single mom of four girls who left a decade-long marriage to come out both personally and professionally, and the author of F*CK FEARLESS, The Gratitude Journal: Shift Your Focus, and Grow Grateful: A Gratitude Journal for Kids and Families. She’s also the host and executive producer of The Brave Files, one of my favorite podcasts. So, Profit Boss®, are you ready to learn how to manifest anything you want and keep it on your terms? If so, this episode is for you!  PS: If Heather’s coaching sounds like a good fit for you, you can get started right now by going to VickeryandCo.com/Guide to get your free copy of the Brave Method Quick Guide–a free five-page reflective guide to help you design the life and business you deserve. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: What manifesting is and how it really works. How Heather opens doors that most people simply don’t know how to. How to get comfortable asking to be fairly compensated for your work. How Heather thinks about money in her personal life–and why she’s at peace with the fact that the money she needs will ultimately appear. What happened when Heather divorced from her husband of ten years to rebuild life on her terms–and how manifestation plays a major role in her life now. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/heather-vickery/brave-thinking-manifest-anything-you-want Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts 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.