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

EP 153 | Profit Boss® Radio Welcome to episode 153 of The Retirement Years on Profit Boss® Radio! In this episode, you’re going to learn all about the unique, interesting, and inspiring ways that people are giving back and changing the world for the better. Believe it or not, you don’t have to wait to become a philanthropist in order to make a big difference. Doing Good While Doing Well is all about making a commitment today! If you want to learn how to give what you do have (whether it be time or money) in order to make the world a better place, today’s episode is for you. So, tune in to Profit Boss® Radio and get ready to discover the steps you can take right now to make things better for those around you - no matter what your budget is! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Why it’s important to get involved in your community right now instead of waiting to give in the future. How to shift your mindset to make giving part of your monthly spending plan - no matter what your finances look like. How two New Yorkers used leveraged giving to raise $12,500 to forgive over $1.5 million medical debt for vulnerable Americans. How pooled giving can help you help others in your area. What one of my clients did to give a single mom in her community a huge financial boost. Why sponsoring a child is an easy way to change lives for the better. What my husband and I did to say “THANK YOU” to everyone who provided our daughter with extraordinary medical care - and how you can give back to people who make a difference in your life as well. Show Notes To get access to the full show notes, including resources mentioned, transcript, and a complete breakdown of the End of Year Wealth Building Checklist, visit HilaryHendershott.com/153. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to The Retirement Years on 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.

EP 152 | Profit Boss® Radio Welcome to episode 152 of The Retirement Years on Profit Boss® Radio! In this episode, I’m going to walk you through everything you need to do between now and December 31st to save literally thousands of dollars on your next tax bill. Right now, there are tons of money saving opportunities available to you that you might not know about, but they all expire at the end of this year. Though it may seem a little overwhelming at first, by being diligent and following my checklist, you can bulletproof your tax and financial situation - and even save more than you did if you stayed up all night (or got up way too early) to get a great deal on Black Friday. So, tune in to this episode of Profit Boss® Radio, marshal your resources, and get this done before January 1st. Your future self will thank you! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The five key areas of financial planning you need to handle. Why market corrections aren’t necessarily a bad thing and how they can actually lead to higher returns. Strategies you can use to invest successfully when markets are volatile. How tax gain harvesting can help you capture gains in a lower tax bracket if you see your income increasing soon and need to sell an investment. How tax loss harvesting can help you take advantage of a down market and offset losses on your investments. How much you stand to lose when you don’t max out your IRA contributions. The benefits of having balances in Roth IRAs as opposed to traditional IRAs. The best way to gift appreciated stocks or investments without paying a 45% gift tax. Show Notes To get access to the full show notes, including resources mentioned, transcript, and a complete breakdown of the End of Year Wealth Building Checklist, visit HilaryHendershott.com/152. Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to The Retirement Years on Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google 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.

EP 151 | Profit Boss® Radio Welcome to episode 151 of Profit Boss® Radio! In the last several episodes I have shared that my team and I have been doing some deep soul searching in a coached environment. We have been asking ourselves the following questions: What is our purpose? What fulfills us? What do we want people to have as a result of us being on the planet? As a direct result, we came to redefine our ultimate mission, which is “All people are thriving.” One of the many realizations that came from asking these critical questions is that I can speak to you about more than money. I can also cover topics that address ways to improve every aspect of your life. In this week’s episode, I am joined by Courtney Townley, host of Grace and Grit podcast. Tune in to hear ways you can focus on your health and learn the actionable steps you can take to achieve your healthiest life right now.  Find out what healthy living truly means and glean practical tips you can apply to your own life in this exciting episode of Profit Boss® Radio.  Here’s what you’ll find out in this week’s episode of Profit Boss® Radio Hilary’s top three health practices for her life What “healthy living” means today The definition of stress and how it influences our lives How acute inflammation can be positive or negative in our bodies What the different types of stress are and how it affects our bodies Why mental health is just as important as physical health For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/151-master-healthy-living/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.

EP 150 | Profit Boss® Radio Welcome to episode 150 of Profit Boss® Radio! What a massive milestone! We appreciate all your loyalty and support of Profit Boss® Radio over the years. In this episode, we discuss the powerful transformation you can create in your life when you turn life goals into financial goals with George Kinder - the father of the Life Planning movement. If you have ever found yourself getting stressed or stuck on the logistics side of money then this episode is for you. The details of everyday money management can get heavy at times, and if you are like many of my clients you may get to the point where you want someone to help make sure your financial house is in order and maintained.  George Kinder joins us in this episode to offer his unmatched insights and experience with over 30 years of practice as a financial planner and tax advisor and over 50 years as a mindfulness practitioner. He is passionate about helping people achieve authenticity and freedom. He takes us through his journey of being an influential financial coach and best-selling author helping people understand the psychology of money. He is a global leader in the movement of helping people to visualize and create a better world better now.  Tune in to Profit Boss® Radio today and learn how you can create mindfulness in your life that can turn life goals into powerful financial goals and achievements. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio What life planning is all about, and how it’s different from traditional financial planning What “freedom” is according to George The correlation between financial planning and heart transformation What trait the best financial planners have in common The infamous three questions George asks to help you identify your purpose on the planet How you can begin a path to authenticity and freedom For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/life-goals-financial-goals/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.

EP 149 | Profit Boss® Radio Welcome to episode 149 of Profit Boss® Radio! In this episode, I’m taking a peek behind the curtain to reveal the top eight investment mistakes that can derail your retirement. Why am I covering this topic? Well, because if you are a listener of the show, not yet a client, there is a large possibility that you may be managing your investments on your own, or perhaps you have a relationship with a financial advisor who has saddled you with investments you have mediocre confidence in. If that is the case, I want to equip you with knowledge that can inoculate you against making these common investment missteps that can undermine your ability to reach your full wealth potential. You see, the financial mistakes that can negatively impact your financial trajectory are often the ones you don’t see coming or don’t know to watch out for. Lucky for you, you’re a listener of Profit Boss® Radio, and I’m about to blow the whistle on investment mistakes that can cost you significantly in retirement.  Here is what you’ll find out in this episode:   Mistake #1: Making Investment Decisions Based on Emotion   There is a lot of chatter in the media about the markets. If you listen to what the pundits have to say, you may be swayed to make emotional reactions to the market rather than remaining objective and steadfast. Find out why you should never make emotional investment decisions and how these sorts of decisions usually end up.   Mistake #2: Using Name Brand Mutual Funds that Cost Too Much   How to know if a mutual fund has high returns Why you should pay attention to how a fund performs relative to the benchmark Why name brand mutual funds are so expensive and who ultimately absorbs the costs For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/8-investment-mistakes/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.

EP 148 | Profit Boss® Radio Welcome to episode 148 of Profit Boss® Radio! In this episode, I had the opportunity to interview Kim Bohr. Kim Bohr is the CEO of The Innovare Group, a certified executive advisor, and a sought-after speaker. She combines 20 years of practical business experience as a cross-functional executive with her passion to make people and businesses better from the inside out.   In today’s episode, Kim shares with us her 3A framework and how you can apply it to your career advancement goals. The 3A’s are: assess, align, and accelerate. Assess means taking an in-depth analysis of the different components within your career. Then, finding the gaps and creating a plan to align your career with your goals. Finally, being able to apply those things you have discovered to design and accelerate your career.    Along with teaching us her 3A framework Kim shares practical tips on how to intentionally build your network. Oftentimes people can grow intimidated when you talk about networking. When utilized correctly networking can be incredibly valuable to accomplishing your career goals.  So, are you ready to design your career for wealth? Then you don’t want to miss this information-packed episode with Kim Bohr. Tune in to Profit Boss® Radio today! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio The difference between men and women when it comes to applying for jobs How men and women approach networking differently How to develop your network to support your career goals Why it is key to intentionally build a diversified network How to spot gaps in your career goals  How your network can help you close those gaps For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/design-career-wealth/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.

EP 147 | Profit Boss® Radio Welcome to episode 147 of Profit Boss® Radio! In this week’s episode, I had the opportunity to interview Chris Farrell. Chris is an economics editor with Bloomberg and a senior contributor with NPR Marketplace. He brings a great perspective on purpose and careers regardless of your age.   According to Farrell, creativity isn’t a skill you lose. If you are creative in your 20s, you can still be creative in your 60s as long as you are given the opportunity. Even though many people retire from the workforce at 55 and older, they oftentimes still feel that they have so much to offer and aren’t ready to hang their hat up completely. It should come as no surprise that many retirees still want to live productive lives - one that is purposeful and meaningful.  Join us for today’s episode as Chris and I discuss how your second half of life can be just as fulfilling as your first half. Tune in to find out how you can create income and purpose in your life no matter your age. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio  How retirement benefit packages are designed for older employees How multi-generational teams can be effective What sort of possibilities exist in your second half of life Why it is so important to have a career that engages your skills and purpose Some creative ways to fulfill your purpose without needing to further your education Reasons why self-employment and entrepreneurship is on the rise For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/life-on-purpose/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 146 of Profit Boss® Radio! Identity protection is so crucial in this day and age that I felt we needed two episodes to cover all the information. If you have been following the news, you have definitely heard countless stories of people falling prey to identity theft.  According to Javelin Research, identity theft is on the rise and the most recent study shows the odds of you becoming a victim is now 1 in 3! With the increased usage of social media and online consumerism, people are sharing more information and, subsequently, becoming more vulnerable. Monitoring your identity is becoming a part of life, and there are methods you can use to make it a little bit easier to manage.  This episode contains many pertinent tips and tactics that you can apply today to help safeguard your financial life. Tune in to this week’s episode as we continue our discussion about how to protect your identity. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio  Adam Levin’s 3M identity theft protection framework and how to use it Why it is important to use a password vault Understanding the importance of checking your personal financial transactions daily Why you should never throw away physical financial documents How to protect your health plan and prescription information Why it’s important to know who is asking for your personal information (and why) before you share it For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/protect-your-identity-2/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 The Retirement Years on Profit Boss® Radio episode 145! In this show, we discuss an extremely timely and scary topic: identity protection. I am so excited to have Adam Levin, founder of CyberScout, co-founder of credit.com and author of the critically acclaimed book Swiped, joining me for this show. Levin is a nationally recognized expert on cybersecurity, privacy, identity theft, fraud, and personal finance. He has distinguished himself for the last forty years as a fierce consumer advocate, and we are lucky he shares his insights with the Profit Boss® community!  You don’t want to miss this week’s show where Levin answers the important questions like, “Why you should be concerned about protecting your identity?” and “How you can protect your identity?” So many people have asked him, “Why should I be worried about someone stealing my identity...I am a regular person?” But to a hacker, phisher or identity thief, you are Kim Kardashian. Join us as we take a deep dive into the world of identity protection. This episode contains many pertinent tips and facts that you can apply today to help safeguard your financial life.  Thank you to Adam Levin for joining me today to help open our eyes on the importance of identity protection. Tune in to this week’s episode as we begin our discussion about how to protect your identity.   Here’s what you’ll find out in this week’s episode of Profit Boss® Radio  Why a hacker, phisher, or identity thief is interested in your identity How can identity theft disrupts your life How the authentication problem can be the solution How can you be confident that the bank will refund your money in the event of fraud The benefit of carrying credit cards over debit cards How long you have to report fraud in your personal or business checking accounts For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/identity-protection/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.

EP 144 | Profit Boss® Radio Welcome to The Retirement Years on Profit Boss® Radio episode 144! This is a brand new season of Profit Boss® and I have made a few adjustments this season! Now titled: The Retirement Years on Profit Boss® Radio, this show is your weekly wealth building and retirement mastermind. Profit Boss® is also a movement for women to reach their full wealth potential and be financially free. I’m covering the sophisticated wealth planning topics that most directly affect you, my sophisticated listeners. So, let’s get right to it! This week’s episode will serve as a follow up to last week’s episode 143, How To Plan For Retirement Together. If you are listening to this episode I am quite sure that you have questions or concerns regarding you or your spouse’s financial planning. In a perfect world, you and your spouse would agree on everything and execute your plan flawlessly, but we do not live in a perfect world. So, let’s talk about what you should do if you’re like the rest of us and need to reach agreement and consensus on your vision for retirement.  I share three examples of couples that I have worked with who I think have done a great job of coming together, despite not being clear on their vision early on or even thinking their goals were possible! Make sure to tune in to this week’s episode as I delve into real-life client stories on how to plan for retirement together. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio Client Story #1: The Quiet Success Story Why it is important to discuss your finances while dating Knowing the importance of planning Client Story #2: Excellent Teamwork Why teamwork is invaluable when planning for retirement Client Story #3-Everybody Doesn’t Have To Do 50% For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/clients-plan-retirement-together/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.