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

Welcome to episode 193 of Profit Boss® Radio! In this episode, we’re talking all about the end of year financial routines used by the wealthy.   Just like there are life hacks and morning routines that lead to great success, there are certain annual financial routines successful entrepreneurs use loyally - but keep close to the vest. After years of working with business owners every day, I’ve curated an annual financial routines checklist that I myself strictly abide by at the turn of every year, and today I’m sharing it with you.  Coordinating your business and personal finances is hard. Implementing time-tested and leveraged routines can make a massive difference!  There are certain things that you absolutely have to have done by December 31. Follow our checklist and not only wrap up 2021 powerfully, get yourself synched to your goals and launch yourself into 2022 with momentum! For the full financial checklist, please visit: https://hilaryhendershott.com/end-of-year-financial-routines Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/end-of-year-financial-routines 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 192 of Profit Boss® Radio! Today, we’re talking about 7-figure mindsets–what it means to have a solid perspective on not just launching a business or making money, but all things entrepreneurial.  If you’re an entrepreneur, life can feel like an uphill battle, especially as you struggle to carve out your niche, find your place, and build/scale your first seven-figure business. Some may find themselves feeling unfulfilled, struggling to stay motivated, and even feeling consumed by self-loathing when the going gets tough. But that’s not what every entrepreneur experiences, and it’s not what you should, either.  To help us manage these thoughts and challenges, I’m joined by Ron Reich. Ron helps emerging experts build seven-figure businesses, and he’s also my launch coach. He’s a wealth of information, and he’s worked with some incredible names, including Hay House Publishing, Todd Herman, Selena Soo, Denise Duffield-Thomas, and Ryan Levesque–to name just a few. If you’re ready to stop struggling and finally understand how real entrepreneurs achieve breakthroughs and hit their goals, then this conversation is for you! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Believe in yourself because if you don’t, nobody else will. How the mindset of an A Player is that they do what is necessary, they understand necessity and they never deviate from that. When a 7-figure entrepreneur decides they’re going to create something, they are focused and they remain focused until they achieve the goal. Asking for help or reaching out to those who are in a position to help you is not a weakness. The value of giving that extra 3% and going the extra mile, even with something as simple as making phone calls yourself to promote an event. The power of the “Antifragile” mindset and understanding that what doesn’t kill you only makes you stronger. How an A Player is ruthless, relentless and focused on controlling the things that are within their control. The difference between leading indicators vs lagging indicators. The value in setting aggressive, yet achievable goals. Take action, and stay on the path. Why the most successful high achievers are fantastic at implementing. Don’t procrastinate and wait until you’re in alignment. The sooner you make that phone call, the sooner you’ll get the results you’re looking for. Energy is power so stay focused on maximizing your energy, which will make you a far more productive person. Most people typically have 4-5 productive hours each day so getting the proper amount of sleep, eating healthy with daily exercise will help you get the most out of those hours. Never be afraid to get outside of your comfort zone. Challenge yourself because this is how you grow! Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ron-reich-7-figure-mindset Follow Hilary on: Twitter 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 191 of Profit Boss® Radio! In this episode, we’re talking about how to teach your kids about the value of money and entrepreneurship.  Schools rarely teach financial responsibility, encourage entrepreneurship, or equip kids with the skills they need to understand our money systems. It’s why so many of us learned these lessons the hard way–and it’s why it’s so important to make sure our own children get a better financial education than we did. With that in mind, I’m thrilled to be talking to Rob Phelan. Rob’s a high school math and personal finance teacher by day, but by night, he’s the author of M is for Money, a book of financial lessons for kids, as well as the founder of Simple Startup, where he provides online coaching for 10-18 year old entrepreneurs.  In today’s episode, we’re talking about how to teach your kids about money and finance in ways that they’ll care about. We’ll also hear about some incredible companies founded by amazing kids, and help find ways to make sure that children have a better understanding about the value of money that you wish you had when you were young. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The hard financial lessons that helped Rob learn about money in his 20s. Why kids don’t need good math skills anymore to have great money skills. The value of teaching kids financial independence over financial literacy. The importance of leaving a legacy for our children, and the value in teaching our children at an early age. The wonderful success story from a young girl who took Rob’s course and is still demonstrating a tremendous amount of entrepreneurial spirit. Why you don’t need to be all knowing–and how to encourage your kids to develop their own healthy relationship with money. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rob-phelan-teaching-kids-about-money-entrepreneurship 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 190 of Profit Boss® Radio! Today, I’m digging into the Profit Boss® Radio archives and sharing one of my favorite interviews with the iconic Ali Brown—a true pioneer in the online business world. If you’re not familiar with Ali’s story, she left her full-time career with less than $20 in her bank account and created a successful 7-figure enterprise. Now, she is one of the most recognized entrepreneur coaches in the world. Ali has built a coaching and consulting enterprise that ranked in the Inc. 500 list of the fastest growing companies in the U.S. She’s the Founder and CEO of the women’s business empowerment company, We Lead. She’s also the Founder and CEO of The Trust, a premier global network of entrepreneurs generating 7 and 8-figure revenue. Ali is the host of the massively successful Glambition® Radio show and has been named Forbes’ Women to Watch and was featured on the ABC primetime hit, Secret Millionaire. In this interview, Ali shares her wisdom and a ton of great advice to help entrepreneurial women with the most common money problems and challenges they will face, the money mindsets that lead to meaningful net-worth growth, and her realizations about self-worth and how that translates to how she pays herself. Enjoy! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: Ali shares her secrets that led to her 7-figure income spike and how she made sure to keep the numbers high. Mindset secrets to being the full-time breadwinner in her family. Ali shares her realizations about her self-worth and how that translates to how much she pays herself. How she approaches marketing to promote her brand. Ali’s “sharp right turn” approach to staying ahead of the curve. And much more! Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/ali-brown-making-your-money-a-priority 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 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.