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

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.

Welcome to episode 218 of Love, your Money! Today, we’re airing live Money Coaching - with real clients - for the very first time!  We just know you’re going to find it both exciting and valuable to listen to real clients dramatically improve their financial lives in real time. After all, what better way for you to get the inside scoop and hear how people just like you are grappling with the realities of their finances?We’ll be sharing Money Coaching sessions with you about once a month on the podcast. In this first Money Coaching episode, you’ll hear me talking with my client Nicole and how her unique upbringing affected her relationship to money. We discuss the importance of separating business and personal expenses, money mindsets and habits, the Profit First system, navigating unique family situations, and the biggest opportunities for Nicole to increase her revenue, pay herself more, and achieve financial success.If you’re looking to get a handle on your finances in 2024 and beyond, this episode is a great starting point to get you thinking differently about your money!*Please note, to protect my clients' identity 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:An intro to my client’s situation  Using rest to maximize your working hoursHow upbringing shapes your money habitsSpouses, inheritance, and family detailsExamining how you use your bank accountsSeparating business and personal expensesDigital currency vs. the U.S. dollarA must-read book for entrepreneursHow to start a money journal Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/money-habitsFollow 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! In this episode, I’m joined by author, educator, and women’s financial health expert Manisha Thakor.After building up an outwardly successful career and financial stability, Manisha found herself empty inside. She went on a two-year journey to find her own cure, eventually sharing her road map in her second book, MoneyZen: The Secret to Finding Your “Enough.” In today’s episode, you’ll hear more about the major impacts “small t” traumas can have on your life, how to spot red flags for unhealthy habits, and how to break free of deeply ingrained behaviors.Here’s what you’ll find out in this week’s episode of Love, your Money:The point at which money doesn’t make you happierThe Cult of Never EnoughThe warning signs of a toxic relationshipNeglecting physical and mental health for moneyThe 4 buckets to assess in analyzing your lifeNoticing and adjusting harmful thought patternsHow to break the shackles of perfectionismShow NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/manisha-thakorFollow 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 216 of Love, your Money! In this episode, I’m sharing strategies women can use to invest, make money, and love their financial journeys.Although women have every right to build wealth through investing, progress is often hindered by both self-imposed and external limitations. But with the right strategies, you can clear those hurdles and experience financial empowerment. Today, you’ll hear implementable advice for women who want to take the reins of their investing goals, including how to make smart stock market investments, ways to diversify your portfolio, and how to cut through the noise to find useful advice. Here’s what you’ll find out in this week’s episode of Love, your Money:The magic of compound interestShould you invest in real estate? Evidence-based investing in the stock marketHow to look at stock market volatilityHow consistency creates wealthTaking control vs. taking advice Diversifying your portfolio Ethical investing How to choose a financial advisorEmbracing financial empowerment Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/investing-strategiesFollow 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 215 of Love, your Money! In this episode, Terri Hanson Mead joins me to talk about her experience as an angel investor. Early in her days as an angel investor, Terri noticed that more than 90% of VCs were men — and nearly 50% came from the same two universities. In 2017, Terri started Class Bravo Ventures, a firm focused on startups that expand the power and influence of women.In today’s episode, you’ll hear Terri talk about why she started — and stopped — angel investing. You’ll also hear about why demographic issues affect the success of startups, how to evaluate companies for investing, and the unique challenges women face in angel investing.Here’s what you’ll find out in this week’s episode of Love, your Money:An angel investing overviewThe skewed demographics of angel investingWhy some VCs miss the big pictureA financial breakdown of Terri’s angel investingThe financial considerations of angel investingLessons from Terri’s first angel investmentThe unequal pressures on women in the investing worldHow to evaluate a company to invest inFixing the low success rate of angel investingUsing your money to improve the world Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/terri-hanson-meadFollow 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 214 of Love, your Money! In this episode, I’m joined by Shannon Weinstein to discuss how you can turn your business finances from pain to gain.Shannon is a fractional CFO and CPA who believes small business owners deserve more than a once-a-year conversation with an overwhelmed accountant. Through her company Fitnancial Solutions, Shannon provides strategic coaching services, masterminds, and education for business owners who want more perspective and less paperwork when it comes to their financesToday, we’re talking about how to stop dreading April 15. You’ll learn how to use the tax system to your advantage, how to handle deductions, and why effective tax management can be easier than you think.Here’s what you’ll find out in this week’s episode of Love, your Money:Giving your money purposeThe influence of great teachersBookkeepers vs. tax preparersCan you avoid being audited?Determining your business entity typeHow to set yourself up for tax successWorking with the right type of tax professionalHow to master tax deductions Instagram tax advice What is a fractional CFO?  Show NotesTo get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/shannon-weinsteinFollow 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.