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

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.

Welcome to The Retirement Years on Profit Boss® Radio episode 143! 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!   In this week’s episode, I talk about planning for retirement as a couple. The idea of planning for retirement in general can be daunting, and then approaching retirement planning with your significant other isn’t always easy or straightforward. It can be incredibly difficult to become mentally prepared for this discussion with your partner. You are also likely in that busy season of life right now where you are faced with many current financial obligations, such as buying a home, making repairs or renovations (like me!), sending kids to college, career planning, and even travel.  I understand there are many things for you to accomplish now, but let’s prioritize planning for the future you and your loved want, too. You can have your best life in retirement. It can seem like a lot of sacrifices foregoing what you want today for tomorrow. In actuality, you can leverage your planning now and for the future. So, how do you plan for your future with your significant other?  That’s what I cover in today’s show. This episode is split into three sections. First, you discover what you need to know to start planning for retirement. Second, I share what things you need to do to plan as a couple. Third, I reveal the most important aspects of a successful retirement. Tune in and glean insider tips and tactics on how to plan for retirement together. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio Part 1: What you need to know to start planning for retirement together (7:42) Moneywise segment-What is diminished marginal utility? Part 2: What things you need to do to plan as a couple (20:28) Part 3: What are the most important aspects of a successful retirement (32:32) For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/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.

Hey Profit Boss® Radio listeners! I am just dropping in to offer a brief summer update about what you can expect in the upcoming new season of Profit Boss® Radio launching this September!  Tune in for the 4-1-1! For more details, please visit https://www.hilaryhendershott.com 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 142 | Profit Boss® Radio Welcome to episode 142 of Profit Boss® Radio! As of this episode, I am taking a brief summer hiatus so that I can focus on the $50K Wealth Multiplier Experience and, more importantly, family and my daughter’s health. I do have some homework for you this summer and plenty of useful resources along the way, however!   When is the last time you reviewed your and your spouse’s beneficiary elections for all your accounts to make sure that they everything is set up the way it should be? If you're scratching your head wondering when that might have been, it's probably been too long. Your beneficiary elections are incredibly important. To ensure that your estate plan is executed properly in the event the need arises, you want to be certain beneficiary information is up to date. Learn the estate planning mistakes to avoid in this week's episode of Profit Boss® Radio. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio The importance of making sure that beneficiary forms are up to date The difference between gift tax and estate tax, and how it can impact your estate planning wishes How people normally elect their beneficiaries (and the things you should consider when making these important decisions) How I personally set up my estate for my daughter Harlyn Why I generally don't recommend anyone inheriting an estate under the age of 35 How utilizing trusts in your estate plan provides specific parameters for how and when beneficiaries receive benefits For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/avoid-beneficiary-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 141 | Profit Boss® Radio This episode originally aired on Profit Boss Radio Podcast, How to Buy Your Dream House in 28 Days in a Sellers Market Without Multiple Offers, 5/2/17 Welcome to episode 141 of Profit Boss® Radio! Over the last few episodes, we have been talking a lot about building your wealth. For many of you owning your own home will be a critical part of your wealth building journey. Also, investing is integral to building your wealth as well. This episode is occurring not long after the April 15th tax deadline. So, I am taking a moment to talk about contributing to tax-deferred investment accounts and how it can help put you in a better position come tax season next year. There are many shows on TV where they make home buying seem like such an easy-breezy experience. You select three homes and pick the one you like the best and then you move in. They do not show the behind the scenes process. In reality, there are many moving parts to navigate the real estate world, and I share some insightful tips in this episode. Tune in to this week’s episode as I share how to qualify for mortgages, how to write and strategize your offer to stand out in a competitive situation, and so much more! I also reveal my own crazy whirlwind home buying journey that I believe provides excellent advice and encouragement to anyone preparing for their own real estate journey. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio  The importance of investing in tax-deferred accounts What are the yearly IRA contribution limits and deductions My personal home buying journey Understanding the up-to-date regulations in the home buying process How to understand the mortgage process from beginning to end Why mortgage debt is not bad debt For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/buy-dream-house/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 140 | Profit Boss® Radio Welcome to episode 140 of Profit Boss® Radio! In this week’s episode, we are talking about the power of the 7 Steps to Wealth framework. We also share powerful client win stories and learn through other women's stories about how they achieved financial success. The stories we share in today's episode are women who have walked this journey and manifested meaningful changes to their financial life. You're invited to walk through the 7 steps yourself or create a mastermind with other women. How long has money been a thorn in your side? How long have you been putting up with the fact that money is an area of your life that doesn’t work the way you’d like it to? Right now, today can be your time to take the action that makes the difference! Vision is a powerful compass--so what is your vision? What would your life be like if you could finally stop worrying about money? What would you experience instead? I bet it would be confidence, peace of mind, clarity, abundance, and even more inspiring things. Tune in to today’s episode to hear what like-minded women have overcome and accomplished so you can start applying these tips and tactics to your finances.   About the $50K Wealth Multiplier Experience The $50K Wealth Multiplier Experience applications are now LIVE! The 2019 $50K Wealth Multiplier is open to just ten women, so make sure to register as soon as possible. There is an investment and commitment to be apart of this year’s cohort. Jen and I will be spending a massive amount of our time, intellectual capital, and resources to launch participants on their financial journeys to discover their full wealth potential.  If you are interested in more accountability, coaching, 1-on-1 work and more make sure to apply now! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio What would your life could look like if your was free from financial constraints. Why smart and hardworking people fail to produce the financial results they want. How you can impact your mindset and behaviors at the same time. Learn the first step of building wealth Decide and how $50K participant Sarah made the decision to be wealthy and achieved a wealth multiplier of $163,187. Learn the second step of building wealth Plan and how Layla implemented a plan for her finances and achieved a wealth multiplier of $232,183. Learn the third step of building wealth Speak and how Danika overcome the obstacles that prevented her from reaching financial succesHendershott 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 139 | Profit Boss® Radio Welcome to episode 139 of Profit Boss® Radio! In this week’s episode, we talk about ways to increase your wealth instantly. This is not a get rich quick scheme! I am talking about real, practical, and actionable ways to increase your wealth instantly. One AMAZING way to increase your wealth is to apply for the $50K Wealth Multiplier Experience today! Applications are now LIVE! The system I will be sharing in today’s episode is a core part of this valuable program. The $50K Wealth Multiplier is open to only ten women, so make sure to register as soon as possible. One of the biggest reasons I decided to start this program is that there have been many times I have heard people say, “Just tell me what to do.” So, that is exactly what I will be doing in this program. Tune in to today's episode to get an inside look at how to increase your wealth instantly. Also joining me in today’s episode is Jen, who is a valuable part of my team and who happens to be the Cash Flow and Automation coach in the $50K Wealth Multiplier Experience. Not sure what that is? I will share exactly what this means later in this episode. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio The impressive net worth increase of last years’ $50k Wealth Multiplier Experience participants The importance of having a system in place for your finances How to discover your wealth trajectory Tried and true ways to increase your net worth What the Profit Boss® Automation System is and why it's different The steps you can take right now to implement the Profit Boss® Automation System What you can expect as a participant of the $50K Wealth Multiplier Mastermind For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/increase-your-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.