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

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 So long as the money is withdrawn to pay for higher education in some form, you don’t owe tax on the value of the account either.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.

Welcome to episode 187 of Profit Boss® Radio! In this episode, we’re talking about cryptocurrency–but also something even bigger than that. There are some people who have made millions in crypto, but there are plenty who have lost everything, and many more who are still on the fence. You might already know that I’ve gone on the record saying that it’s okay to say yes or no to crypto. It’s not about whether crypto assets are good or bad, but whether you–as an investor–understand their characteristics and how crypto can work in your financial life. That’s why I wanted to break it down and share my thoughts on the pros and cons of crypto. With so many investment opinions and strategies available today, I think it’s even more important to make sure that you’re making informed financial decisions that are right for you. So, if you’ve been hearing a lot about crypto and Bitcoin lately and thinking about taking the plunge, I want to help you develop a better understanding of how the choices you make can help (or hurt) your chances of achieving your financial goals. And if I can provide value by saving countless hours of your time, and large amounts of your hard-earned money, then that’s a win-win in my book and I’ll take those wins every time. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The benefits of having strict systems in any part of your life–including an investment philosophy. How FOMO informs the behavior of so many investors. The two basic investment philosophies of active and passive investing–and why one almost always outperforms the other over a long period of time. Why passive investors, in general, do not need to consider crypto assets. What makes crypto so much more like a game of chance than investing in an index fund. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/crypto-principles-based-conversation 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 186 of Profit Boss® Radio! Today, we’re talking about how to break the chains of generational scarcity and become unapologetic leaders who don’t just demand what they’re worth–they get it!  If you’re looking to make a business breakthrough, there’s more to it than simply being great at what you do. You’ve got to position yourself as the value and set yourself up for success as not just a leader, but an iconic leader–and this is why I’m so excited to talk to my guest, Merel Kriegsman. Merel is the CEO and founder of Merel Kriegsman Media. She’s a high-ticket sales coach whose insights have been featured on CBS News, ABC News, and in publications like Forbes and Fast Company. She’s also a mother of three.  If you’re ready to learn how to stop saying sorry and embark on a journey to authentically grow your business on your terms, today’s episode is for you! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How Merel’s struggle for success as a musician changed her perception of money. What Merel did to go from making nothing to over six figures a month within a matter of weeks. Merel’s non-negotiable practices that helped her create offers for high-ticket clients–and how she scaled and replicated her success. How Merel and her husband are now able to pay themselves approximately $30,000 a month from their business while still having plenty of runway to reinvest as needed. How to focus in and double down on the unrepeatable, uncopyable things that make you uniquely yourself–and absolutely of value. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/merel-kriegsman-position-yourself-as-the-value 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 185 of Profit Boss® Radio! In this episode, I’m sharing one of my favorite interviews with an incredibly smart and successful woman, and such a beautiful soul, the iconic Nicole Walters.  Nicole’s story is amazing and her views and philosophies on money mindsets resonated with me from the very beginning. At one time, she was a top-selling executive for Fortune 500 companies and managing multi-billion dollar business relationships, but the corporate grind left her feeling unfulfilled. So she went out on her own to share what she learned in the corporate world and now teaches others how to monetize their lives with her Monetize Thy Self mindset. Her energy and attitude is contagious, and the knowledge and experience that she brings to the show is top notch. She is living proof that you can do what you love without sacrificing financial freedom. In today’s episode, you’ll learn how to move past your limiting beliefs, improve your relationship with wealth, change your mindset to achieve your personal and financial goals, and why everyone’s time is worth getting paid for. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How Nicole’s life changed course when she became a foster mother. How Nicole was able to move past her money fears and limiting beliefs from her past. Why you need a better understanding of margins in your business. What Nicole focuses on in her business that leads to generating wealth. How to build true profitability in your business. How Nicole realized that you can do what you are passionate about in life without sacrificing your financial freedom. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/nicole-walters-brand-yourself-make-money Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher 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 184 of Profit Boss® Radio! If there’s one thing that hasn’t changed over the years, it’s how so many couples struggle with their finances, which is why I’m sharing this gem from the Profit Boss® Radio archives with you today.   If you’re not familiar with the Couples and Money mini-series that I hosted way back when, it covers all the highlights in one convenient place. I’ll take you through my best financial planning advice about how couples can get on the right path. In today’s world, with all our temptations for spending money, it’s almost too easy to get off track. Once that happens, there’s only one way to get back on track, and it all starts with taking that first step. This episode has three vital parts: high-level strategic advice, my 13 Steps for Financial Planning for Couples, and finally, the money mistakes you need to avoid. If you’re ready to achieve financial harmony with your significant other, just hit play and let’s get started. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Guiding principles to follow to empower you in achieving financial success with your partner. The importance of scheduling Money Dates or Money Meetings so that both partners are in the know. A helpful overview of what you should be prioritizing with your partner about finances. A practical step-by-step guide for financial planning for couples including what you need to know before you seek advice and how to find the financial planner that will help you to achieve your goals. The top money mistakes couples make and how to avoid them. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/couples-and-money-planning-for-wealth 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.

“Women in the U.S. earn $0.82 and own just $0.32 for every $1 earned and owned by a man, and the disparities are even wider for women of color.” - Stefanie O’Connell Welcome to episode 183 of Profit Boss® Radio! In this episode, we’re talking about the link between gender equity and financial power. As women, our achievements are very different from our grandmothers’—or even our mothers’. However, we’re far more likely to celebrate the women in our lives for getting engaged or having babies than when they do something incredible in their professional life.  Where did this disconnect come from, and why is it so pervasive in our society? To help me answer this question, I’m speaking with Stefanie O’Connell. Stefanie’s a friend, writer, and financial expert on four big topics: women, money, power, and ambition. She hosts Real Simple Magazine’s Money Confidential Podcast and is the founder of Statement Cards, where she produces greeting cards celebrating milestones that aren’t just marriage and motherhood. In today’s conversation, we talk about why women are hesitant to negotiate (HINT: it’s not for a lack of confidence), what Stefanie calls the “ambition penalty”, and what needs to be done to close the gender wealth gap. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why we’re all socialized to ask the same questions and celebrate the same milestones—and how this often leaves women uncredited for the books we write, the businesses we launch, and our other achievements. Why there’s nothing wrong with celebrating marriages and children—but celebrating only marriages and children limits and reduces us as people. What the ambition penalty is and how it reaffirms traditional patriarchal workplace structures—even for business owners and entrepreneurs. Why ambition isn’t always perceived as an asset, especially with women. How the fear of rejection is not the goal, but is a natural part of the process of being ambitious. How a community can offer us constructive criticism, honest feedback, and help us conquer our fear of rejection. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/stefanie-o’connell-gender-wealth-gap 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 182 of Profit Boss® Radio! In this episode, I’m thrilled to share an amazing episode from the Profit Boss® Radio archives with you today. In this replay, I’m speaking with career and executive coach Nina Cashman about how to alter our money mindsets. I’m sure that you’ll agree that this topic is absolutely still relevant to helping you achieve your financial goals, including some timeless lessons about money. If this is your first time hearing this episode, you’re in for a treat. Nina is a trained and certified coach and the founder of Pave Your Way, where she helps people in career growth and development. She trains leaders, leads team building sessions, and even works on individual branding. She is an expert at helping others reprogram their mind and change their beliefs when it comes to money. In this episode, you’ll learn where our limiting beliefs come from, and how to take action and make the shift to overcome them. Nina also breaks down the seven levels of Energy Leadership and how they can help transform your energy and mindset towards money. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How Nina’s father’s money beliefs shaped her life. Understanding the origin of our limiting beliefs and how they block our financial freedom. Awareness techniques that help illuminate money blindspots we have. How “shifts” can provide transformative results. Nina’s game-changing wake-up call. The seven levels of the Energy Leadership Index Assessment. The importance of taking action in life to create change. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/nina-cashman/reprogram-your-money-mind 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 181 of Profit Boss® Radio! In this episode, we’re talking about how to improve your time management, elevate your productivity, and maximize your profits while making time for what matters most.  We all want to accommodate our clients and make the most of any opportunity that comes our way. In fact, when I need to reschedule and it takes six, eight, or ten weeks to make it happen, I get frustrated with people. I roll my eyes and I get annoyed, but at the same time, when I constantly shift my schedule around, I find myself exhausted.  That’s why I’m excited to talk to Amber De La Garza. Amber is the creator of the S.T.O.P. Leverage Formula–a four-pillar framework to build more profitable businesses in a unique, stress-free way.  So, Profit Boss®, if you’re ready to learn how to set REAL boundaries and create a powerful system to transform your business while freeing you to live life on your terms, today’s episode is for you!  Don’t forget to sign up to my Live Training Program on September 8th by visiting HilaryHendershott.com/MoreProfit Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How to build a structured schedule that serves you–not the other way around–and what happened when Amber, one of my best friends, needed five weeks to reschedule this conversation. How to acknowledge the limits of your own energy and determine exactly how much time you want to put into your company each day, week, month, or year. Ways to plan your next year without thinking in all-or-nothing terms. The four buckets you need to put your time into in order to grow and scale your business. Why everyone procrastinates–and how to deal with it. The power of delegating and entrusting difficult tasks to great people. Free LIVE Training – Sept 8th, 2021 Don’t forget to sign up to my free LIVE Training on September 8th, at 11am PDT How to Own Your Business Numbers and Increase Your Profitability Without Sacrificing Your Purpose, Joy, or Integrity. Visit HilaryHendershott.com/MoreProfit Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/amber-de-la-garza/key-business-boundaries Follow Hilary on: Twitter LinkedIn Instagram Facebook 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.

In this episode, we’re learning all about how to talk about money. This is a subject that makes most people feel very vulnerable–naked, even–and it can stop us from finding happiness and satisfaction with ourselves, our lives, and what we do each day. Here to discuss this with me is Sarah Kathleen Peck. She’s the founder and CEO of Startup Parent, as well as a good friend of mine. She’s had her work featured in publications including Forbes, Inc., and Fast Company, worked with countless women entrepreneurs, and recorded over 200 interviews on her own podcast. So, Profit Boss, are you ready to get real about what money is and isn’t–and how to make it work for you instead of worrying about how much you have or need? If so, this very special episode is for you! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why money is a tool that becomes completely worthless if you don’t know what you want from it. Why so many extremely wealthy people are so miserable. Why there’s some power to manifesting–but why you shouldn’t just sit in front of your mirror saying “I’m rich!” when you’re not. How getting clear about your intentions can help you clarify your questions about money and unpack your trauma. The common stumbling blocks that get in the way between women and financial goals. How Sarah and her husband manage money together without micromanaging each other. Free LIVE Training – Sept 8th, 2021 Don’t forget to sign up to my free LIVE Training on September 8th, at 11am PDT How to Own Your Business Numbers and Increase Your Profitability Without Sacrificing Your Purpose, Joy, or Integrity. Visit HilaryHendershott.com/MoreProfit Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/sarah-k-peck/know-thyself-know-money Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher 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.