Welcome to episode 228 of Love, your Money! In this episode, I’m diving into a hot topic in today’s economy: Navigating the real estate and interest rate markets in 2024.I’ll cover some market trends and insights to help you make better-informed decisions with confidence so that you can do what’s best for you, your family, and your financial situation.You’ll also learn why renting isn’t necessarily a bad thing, how the media reports on inflation can be misleading, and the pros and cons of renting vs buying a home. Let’s face it, buying a home is one of the most important financial decisions you’ll ever make, and if you’re thinking about making a change to your housing situation, this episode is for you.Here’s what you’ll find out in this week’s episode of Love, your Money: Why waiting for another recession could be a mistakeBuying a home with a plan to refinance is more than a gambleHow the media reports on inflation can be misleadingThe pros and cons of renting vs home ownershipHow expenses of home ownership impact your ROIThe Money Blueprint® for Business Owners​​The Money Blueprint® is profit coaching that puts you in control of your business finances for good. No more Head-in-the-Sand Syndrome. No more fear, stress, or shame. Simply total confidence. Learn more here!Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/renting-vs-buying-homeFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 227 of Love, your Money! Today, we’re back with a special Money Coaching episode that includes segments from a two-part coaching session with my client.The reality is, many people struggle with charging the rates they deserve. There are tough questions that don’t always have easy answers. Questions like: What should I charge my friends and family? How do I communicate an increase in my rates? How do I know what the market rate that I should be charging is if I’m providing a better service? In today’s episode, you’ll hear how I tackled those questions with one of my clients. You’ll walk away with a clearer idea of how to price your offers, how to win those negotiations, and how to raise your rates and keep your clients happy. *Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes.Here’s what you’ll find out in this week’s episode of Love, your Money:Charging friends and family for your workSetting the stage with my client’s goalsHow to deal with financial “haters”Pricing your offersTips for negotiating your pricesHandling your business and personal financesShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/increase-your-ratesFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 226 of Love, your Money! In this episode, I’m joined by retirement expert Anne Lester. Anne’s 30-year career in finance is beyond impressive. She was the Head of Retirement Solutions at JP Morgan, where she managed $125 billion in target date assets and traveled around the country to share her expertise. Anne’s mission is to help others prepare for a secure and successful retirement. She’s a regular contributor to Bloomberg TV, CNBC, The Wall Street Journal, and The New York Times and is preparing to release her new book, “Your Best Financial Life.”In today’s episode, you’ll hear about the different “money types” and how to understand yours to save smarter. You’ll also hear how to clear the psychological hurdles of saving for retirement, actionable advice for building a healthy portfolio, and how to reshape harmful investing behaviors.Here’s what you’ll find out in this week’s episode of Love, your Money:Anne’s robust financial resumeWhy Millennials own less wealthRewiring your brain for delayed gratificationHow to outpace inflationWhy to automate your investing Different money types Minimizing the emotional stress of investing How to approach retirement investingAdvice for people who are behind on savingShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/anne-lesterFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 225 of Love, your Money! This episode is a continuation of the opportunities that exist to save you, the business owner, money and headaches with proper tax planning and preparation. Or, in the words of today’s guest, “No April Surprises.”Tim Thompson is a CPA and Certified Profit First Professional. He enjoyed a 15-year career in manufacturing and operations with Fortune 100 companies and also owned a small family business. Now, he helps his clients understand their goals and creates comprehensive plans that reveal and diffuse income tax landmines before they suddenly appear.Today, we’ll discuss the biggest challenges that business owners face with income taxes and how planning throughout the year and not just before the tax deadline reduces stress about your tax bill. You’ll get great advice on how to become your tax professional’s favorite client and why AI, ChatGPT and social media shouldn’t be your “trusted” tax advisor.Here’s what you’ll find out in this week’s episode of Love, your Money:The biggest complaints that business owners have with taxes.Avoiding April surprises by planning all year long.The power of good oversight of your money.The difference between bookkeeping and taxes.How to be your tax professional’s BFFThe worst tax advice on social mediaTips for handling a tax audit Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/tim-thompsonFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 224 of Love, your Money! In this episode, I’m showing you how to turn taxes from a hassle to an opportunity in just 20 minutes.For decades, I’ve helped clients optimize taxes for both themselves and their businesses. Today’s episode will teach you the legal planning opportunities you can consider utilizing every tax season instead of dreading it.You’ll get tips on determining the right legal structure for your business, how to handle deductions, and planning opportunities for making your life easier for future tax deadlines. Here’s what you’ll find out in this week’s episode of Love, your Money:The virtues of paying taxes The 3 phases of tax returnsThe tax importance of your business structureLegitimate tax deductions Different types of tax credits Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/tax-planning-opportunitiesFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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.

Today, I’m sharing another Money Coaching session with one of my clients to give you actionable insights to grow your wealth.In this episode, my client and I dive into the financial nitty-gritty of her salon business as she focuses on growing her retirement assets in her mid-50s. You’ll hear about passing costs through to clients, insights for smarter IRA contributions, and balancing between maximizing your revenue and giving back to your employees and your community.If retirement is in the back of your mind — and you’re feeling behind — today’s episode might be just what you need. *Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes. Here’s what you’ll find out in this week’s episode of Love, your Money:The finances of my client’s salon businessGiving back vs. running a businessGetting clear about financial goalsA money journaling exercise What is your business really about? Acting as a mentor to your employees How to handle profit-sharing in your businessPlanning for the future Taxes and retirement contributionsShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/better-retirementFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 222 of Love, your Money! In this episode, I’m talking with Stefanie Gass. Stefanie is a Christian business and podcast coach, boundary boss, boy mom, multi-six-figure CEO, and host of “Online Business for Christian Women,” a top 25 globally ranked business podcast. Stefanie’s mission is to help women grow their online businesses and make money online, using podcasting. In her 20s, Stefanie embraced the corporate grind. After making 6-figures by age 27, she transitioned to network marketing. Again, she worked her way up, reaching the top 1% of her company. But once Stefanie got there — she still felt empty. And she realized it was time for a change.Today, Stefanie and I discuss the pitfalls that come with tying your identity to your income. You’ll also hear about how to build a business that aligns with your purpose, how to create a simple (but effective) sales funnel, and why podcasting can be the answer to growing your presence, your business, and your client base. Here’s what you’ll find out in this week’s episode of Love, your Money:The danger of making income your identityFinding work that has purpose How Stefanie built an $800/hour coaching bizThe simple sales funnelHow to stand out in the saturated podcast worldDo you need social media to grow your business?Advice for handling the stress you face todayShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/stefanie-gassFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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.

In this episode, I’m talking with Cathy Heller, a remarkably impressive woman who has built an 8-figure spiritual teaching business and enjoyed tremendous success as an author, coach, and podcaster.Cathy’s podcast, “The Cathy Heller Show,” has 40 million downloads and has been featured in publications like Forbes, Huffington Post, and Inc. Magazine. Her guests include A-listers like Tony Robbins, Matthew McConaughey, Barbara Corcoran, Malcolm Gladwell, and Rachael Ray, just to name a few.Today’s episode is all about aligning your inner self to grow your wealth. You’ll hear about the self-perception and relationship challenges wealthy women face, how to turn your energy into a magnet for abundance, and the potential of shaping the world with your wealth.Here’s what you’ll find out in this week’s episode of Love, your Money:How Cathy became a spiritual teacherThe misconceptions many women have about moneyThe unexpected challenges of making more moneyHow to connect with the center of youWhat meditation practice should you pursue? Voting with your checkbook Cathy’s 12-week Boldly Abundant workshopInterviewing Harry Connick Jr. Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/cathy-hellerFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 220 of Love, your Money! Today, we’re back with another Money Coaching episode to provide real-life insights and strategies to help you on your financial journey. In this episode, you’ll hear Part 2 of my Money Coaching session with my client Nicole. (You can listen to Part 1 here.) In today’s conversation, you’ll hear how to turn a practice that revolves around your personal brand into a business that provides the financial freedom you deserve. We talked about raising your rates to get paid what you deserve, different ways to offer your services, and how to save for the future when running a business that can’t be sold. If you’re a solopreneur that is looking to increase your bottom line and set yourself up for the future, this episode is for you!*Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes. Here’s what you’ll find out in this week’s episode of Love, your Money:Having a business vs. having a practice Demanding to get paid Raising your pricesBacking your way into a revenue targetTurning existing relationships into profitable relationshipsRestructuring and expanding your offer Preparing to exit a business that can’t be soldHow to get people to listen to your podcastShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/raise-your-ratesFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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 221 of Love, your Money. In this episode, I’m joined by my friend Autumn Witt Boyd, a lawyer and the founder of The AWB Firm – a law firm that helps business owners identify the legal questions they don’t even know they should be asking. After landing what she believed to be her dream job as a copyright attorney, Autumn realized it wasn’t all it was cracked up to be. Instead of looking for a new job, she leaped into entrepreneurship and started her own firm.Today, Autumn shares the lessons she’s learned from starting and scaling her business. You’ll also hear about how and when to adjust your fees, how to handle payroll growing pains, and key legal considerations for online business owners. Here’s what you’ll find out in this week’s episode of Love, your Money:How money convos as a kid can shape your careerAutumn’s journey to, through and after law schoolCalculating runway when pursuing entrepreneurshipGrowing your business while growing your familyNavigating pricing and payroll painsHow to raise your feesAdjusting services for different client needsUnique legal considerations of online businessesCopyrighting vs. trademarkingShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/autumn-witt-boydFollow Hilary on:TwitterLinkedInInstagramFacebookYouTubeSubscribe to Love, your MoneyApple PodcastsOvercastSpotifyGoogle 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.