Over the past few episodes of Love, your Money®, we’ve taken you deep into the weeds of capital gains tax, alternative investments, and Ultra Tax Efficient Wealth Management℠ (UTEWM℠).

If you’ve been following along, you’ve heard terms like step-up in basis, long-short overlay, market-neutral strategy, and incremental returns. And if your eyes glazed over once or twice, you’re not alone.

But here’s the thing: these aren't just technical financial strategies. They’re tools. Tools that—when used correctly—give you more freedom, protect your peace of mind, and empower you to make the most of the wealth you’ve worked so hard to build.

Today’s episode zooms out from the technical to the transformational: we’re talking about what UTEWM℠ actually makes possible in your real life—not just on paper. You’ll learn why traditional financial planning around tax avoidance often falls short, and what makes this approach different. 

Hilary explains how to reduce your tax bill without being forced to sell at the wrong time, how long-term tax planning intersects with both healthcare and self-care, and why concentrating your wealth in a single stock or sector can quietly erode your quality of life. 

You’ll also hear how real people have the potential to turn multi-million dollar tax liabilities into powerful legacies, and get guidance on how to determine whether UTEWM℠ is the right fit for your financial future.

Because financial strategy isn't just about the numbers, it’s about how those numbers impact your future, your family, and your freedom.

Here’s what you’ll learn in this week’s episode of Love, your Money:

• 01:45 The missing piece: What Ultra Tax Efficient Wealth Management℠ really means for your money, and your life 
• 05:12 Why choosing and holding onto investments just to avoid paying capital gains tax hasn’t worked, and the real impact of tax efficient solutions on your quality of life
• 08:02 Why the prospect of tax losses gave Hilary goosebumps at a financial conference, and the how the suite of tax efficient wealth management services HWM offers our clients has grown as a result
• 10:24 Why the fear of taxes (and refusal to sell) can quietly sabotage your financial success, and why long term tax planning is an important part of self care
• 13:54 How the Rule of 72 helps estimate how fast your money can grow—and the real cost of diversifying your stock positions without tax efficient planning
• 17:14 How our company Blueprint relates to Ultra Tax Efficient Wealth Management℠, and what we want to make possible for our clients
• 18:35 A tale of two investors–one with concentrated Apple stock and one with a robust real estate portfolio–and the (avoidable) mistakes made that can be unraveled with UTEWM℠
• 28:48 Case study: How UTEWM℠ could help a Silicon Valley Engineer diversify highly appreciated company stock and eliminate the potential $2.5 million capital gains tax hit
• 33:14 Leaving a powerful legacy: Building sustainable generational wealth, the magic of compound interest, and the power of giving
• 38:09 Case study: How UTEWM℠ can help a married couple who inherits $3 million in a taxable account and wants to retire early
• 41:53 Who UTEWM℠ is really for, how to know if it’s right for you, and what the client journey looks like if you decide to work with us

Show Notes
To

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 we’re diving into the world of alternative investments (a.k.a. alts)–opportunities that are often marketed with the promise of high returns and diversification, but frequently come with hidden risks and complexities.​ 

In this episode, Hilary shares the professional insights and experiences she’s gleaned about alts in her 25+ years as a fee-only fiduciary financial advisor with deep expertise in public markets. From high fees and lack of transparency to liquidity issues and potential for fraud, she breaks down why these investments may not be the golden ticket they're often marketed as–and explains how Hendershott Wealth Management® designs client portfolios instead. 

Tune in to learn: 

• Why alts are so appealing to high net worth investors, 
• Some of the biggest risks and pitfalls of alternative investments, 
• How to make informed decisions about your investment strategy, and 
• Why we believe a well-diversified, low-cost portfolio is the best–and most evidence-based–path to financial security. 

Bottom line: The actual experience of holding alternative investments is not conducive to the kind of elegance, simplicity, or peace of mind we pursue for our clients and want for you. 

• 01:40 What alternative investments are, what contributed to the rise of them, and why they remain so alluring
• 05:20 The fee structure of alts compared to the fee of a low-cost, globally-diversified index portfolio–and an example of their impact on returns
• 06:00 Talking liquidity: How accessible is your wealth when invested in alts, and what are typical lock-up periods?
• 08:25 Strike three against alts: Lack of transparency and the difficulty of actually being able to value your holdings 
• 10:07 Alternative investments + fraud = a few real-world stories you might recognize 
• 11:33 Comparing returns from the Teacher Retirement System of Texas (TRS) with the Public Employees' Retirement System of Nevada (PERS) – and making it real for you
• 14:35 Stories about the failures of alts, including high end art, a managed futures fund, angel investments, and CEO theft
• 20:30 The Hendershott Wealth Management® investment philosophy, AKA why we will never accept default risk and what we do prioritize, instead
• 24:12 My final verdict on alternative investments, and how to evaluate investment opportunities 

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/do-you-need-alternative-investments

Follow Hilary on:

LinkedIn 

Instagram

YouTube 

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.

It’s often said that money is one of the most common sources of conflict in a marriage, and a leading cause of divorce. Today’s episode has me rethinking that positioning: What if money isn’t the one to blame, and the actual culprit is a lack of communication?

You’ve likely heard me talk at length about the 7 Steps to Wealth, which is the framework I used to climb out of debt and build lasting wealth. The final step in that framework, Protect, is all about safeguarding your financial future. It’s one of the most important–and often neglected–steps. 

I did a deep-dive into the seventh step in episode 264, but today we’re taking a closer look at one crucial part of Protect: how to protect your wealth when you’re in a relationship. Specifically, we’re going to talk about prenups, postnups, and how they can help you preserve your wealth *and* your relationship.

To help us unpack this topic, I’m joined by Kara Foster, an attorney from Foster Hsu, LLP. Kara and Lydia, her partner at the firm, are experienced in all aspects of California family law including divorce, legal separation, domestic violence, guardianship, stepparent adoption, and—what we’re focusing on today—prenuptial and postnuptial agreements. 

In this episode, we discuss:

• What a prenup covers and when to consider one
• Why prenups can be good for a relationship
• How to create a prenup and how much they cost

But my biggest takeaway was this: What’s more important than any piece of paper you sign (or don’t) is that you have open, honest, and consistent conversations with your spouse about your finances. You should be on the same page about what’s going on, and the only way to do that is to talk about it.

I learned so much from this conversation, and am grateful to Kara for lending her voice and expertise to the show. Now without further ado, let’s talk about what to do before you say “I do!”

Here’s what you’ll learn in this week’s episode of Love, your Money:

• 03:44 What a prenup is, what it covers, and what can not be included in it 
• 05:44 When should couples consider a prenup, and why businesses and real estate make asset division more complicated 
• 08:05 How a prenup allows couples to keep assets separate during the marriage–and the pivotal thing a prenup “forces” you to do before getting married that will change your relationship (for the better!) in the long term
• 12:49 How a postnup differs from a prenup, when it’s worth getting one, and the limits or enforceability of the agreement
• 14:43 The process of creating a pre- or postnup, what can make the cost go up, and the importance of financial disclosure 
• 18:30 Sticky situations a prenup can help couples avoid, the stigma of prenups, and why Kara doesn’t agree with the bad rap–even though she hears it a lot
• 21:51 Why unmarried couples who purchase real estate should get a cohabitation agreement, what it means to be joint tenants, and the importance of taking title
• 25:22 Why Kara didn’t get a prenup, the importance of ongoing communication about finances in marriage, and red flags to look out for 

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/kara-foster-finances-in-marriage

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 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.

“Women in the U.S. earn $0.82 and own just $0.32 for every $1 earned and owned by a man, and the disparities are even wider for women of color.” - Stefanie O’Connell

Welcome to episode 183 of Profit Boss® Radio! In this episode, we’re talking about the link between gender equity and financial power. As women, our achievements are very different from our grandmothers’—or even our mothers’. However, we’re far more likely to celebrate the women in our lives for getting engaged or having babies than when they do something incredible in their professional life. 

Where did this disconnect come from, and why is it so pervasive in our society? To help me answer this question, I’m speaking with Stefanie O’Connell. Stefanie’s a friend, writer, and financial expert on four big topics: women, money, power, and ambition. She hosts Real Simple Magazine’s Money Confidential Podcast and is the founder of Statement Cards, where she produces greeting cards celebrating milestones that aren’t just marriage and motherhood.

In today’s conversation, we talk about why women are hesitant to negotiate (HINT: it’s not for a lack of confidence), what Stefanie calls the “ambition penalty”, and what needs to be done to close the gender wealth gap.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why we’re all socialized to ask the same questions and celebrate the same milestones—and how this often leaves women uncredited for the books we write, the businesses we launch, and our other achievements.
• Why there’s nothing wrong with celebrating marriages and children—but celebrating only marriages and children limits and reduces us as people.
• What the ambition penalty is and how it reaffirms traditional patriarchal workplace structures—even for business owners and entrepreneurs.
• Why ambition isn’t always perceived as an asset, especially with women.
• How the fear of rejection is not the goal, but is a natural part of the process of being ambitious.
• How a community can offer us constructive criticism, honest feedback, and help us conquer our fear of rejection.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/stefanie-o’connell-gender-wealth-gap

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 182 of Profit Boss® Radio! In this episode, I’m thrilled to share an amazing episode from the Profit Boss® Radio archives with you today.

In this replay, I’m speaking with career and executive coach Nina Cashman about how to alter our money mindsets. I’m sure that you’ll agree that this topic is absolutely still relevant to helping you achieve your financial goals, including some timeless lessons about money. If this is your first time hearing this episode, you’re in for a treat.

Nina is a trained and certified coach and the founder of Pave Your Way, where she helps people in career growth and development. She trains leaders, leads team building sessions, and even works on individual branding. She is an expert at helping others reprogram their mind and change their beliefs when it comes to money.

In this episode, you’ll learn where our limiting beliefs come from, and how to take action and make the shift to overcome them. Nina also breaks down the seven levels of Energy Leadership and how they can help transform your energy and mindset towards money.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Nina’s father’s money beliefs shaped her life.
• Understanding the origin of our limiting beliefs and how they block our financial freedom.
• Awareness techniques that help illuminate money blindspots we have.
• How “shifts” can provide transformative results.
• Nina’s game-changing wake-up call.
• The seven levels of the Energy Leadership Index Assessment.
• The importance of taking action in life to create change.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/nina-cashman/reprogram-your-money-mind

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to 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.

Welcome to episode 181 of Profit Boss® Radio! In this episode, we’re talking about how to improve your time management, elevate your productivity, and maximize your profits while making time for what matters most. 

We all want to accommodate our clients and make the most of any opportunity that comes our way. In fact, when I need to reschedule and it takes six, eight, or ten weeks to make it happen, I get frustrated with people. I roll my eyes and I get annoyed, but at the same time, when I constantly shift my schedule around, I find myself exhausted. 

That’s why I’m excited to talk to Amber De La Garza. Amber is the creator of the S.T.O.P. Leverage Formula–a four-pillar framework to build more profitable businesses in a unique, stress-free way. 

So, Profit Boss®, if you’re ready to learn how to set REAL boundaries and create a powerful system to transform your business while freeing you to live life on your terms, today’s episode is for you! 

Don’t forget to sign up to my Live Training Program on September 8th by visiting HilaryHendershott.com/MoreProfit

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How to build a structured schedule that serves you–not the other way around–and what happened when Amber, one of my best friends, needed five weeks to reschedule this conversation.
• How to acknowledge the limits of your own energy and determine exactly how much time you want to put into your company each day, week, month, or year.
• Ways to plan your next year without thinking in all-or-nothing terms.
• The four buckets you need to put your time into in order to grow and scale your business.
• Why everyone procrastinates–and how to deal with it.
• The power of delegating and entrusting difficult tasks to great people.

Don’t forget to sign up to my free LIVE Training on September 8th, at 11am PDT How to Own Your Business Numbers and Increase Your Profitability Without Sacrificing Your Purpose, Joy, or Integrity. Visit HilaryHendershott.com/MoreProfit

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/amber-de-la-garza/key-business-boundaries

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook

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, we’re learning all about how to talk about money. This is a subject that makes most people feel very vulnerable–naked, even–and it can stop us from finding happiness and satisfaction with ourselves, our lives, and what we do each day.

Here to discuss this with me is Sarah Kathleen Peck. She’s the founder and CEO of Startup Parent, as well as a good friend of mine. She’s had her work featured in publications including Forbes, Inc., and Fast Company, worked with countless women entrepreneurs, and recorded over 200 interviews on her own podcast.

So, Profit Boss, are you ready to get real about what money is and isn’t–and how to make it work for you instead of worrying about how much you have or need? If so, this very special episode is for you!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why money is a tool that becomes completely worthless if you don’t know what you want from it.
• Why so many extremely wealthy people are so miserable.
• Why there’s some power to manifesting–but why you shouldn’t just sit in front of your mirror saying “I’m rich!” when you’re not.
• How getting clear about your intentions can help you clarify your questions about money and unpack your trauma.
• The common stumbling blocks that get in the way between women and financial goals.
• How Sarah and her husband manage money together without micromanaging each other.

Don’t forget to sign up to my free LIVE Training on September 8th, at 11am PDT How to Own Your Business Numbers and Increase Your Profitability Without Sacrificing Your Purpose, Joy, or Integrity. Visit HilaryHendershott.com/MoreProfit

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/sarah-k-peck/know-thyself-know-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.

In this episode, we’re talking about grief, post-traumatic growth, and how to create a future you can get excited about in the face of loss. 

Joining me for this conversation is Krista St-Germain. She’s a Master Certified Life Coach, grief expert, mother, and a widow, as well as the host of the Widowed Mom Podcast. After her husband was killed by a drunk driver, she discovered life coaching, and now coaches and teaches other widows how to love life again, too.

In today’s episode, Krista shares the story of how she found the tools she needed to move forward, how to heal from our toughest traumas and biggest losses, and the important conversations (including a few about money) she’d wished she’d had before it was too late.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• What to say (and what not to) to people as they navigate their grief.
• How to share life-altering news with your loved ones.
• Why Krista doesn’t believe in healing timelines.
• Why so many people procrastinate when it comes to tough conversations they need to have–and how this hurt Krista in the wake of her husband’s death.
• What Krista’s coaching for widows consists of.
• The financial factors and challenges underneath traumatic loss–and why no sum of money can buy safety.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/krista-st-germain-fulfillment-after-tragedy

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to 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.

In this episode, we’re talking about how to make more money in less time. If you’re anything like me, you’re desperately seeking more free time and more whitespace in your business, so the idea of giving less of your energy and getting more in return is extremely appealing. 

But in practice, what does this mean? How exactly can you build a business that grows and thrives without requiring the additional time, stress and burnout that comes with it?

Joining me to answer this question is Kelsey Kerslake. Kelsey’s a mother, CEO, creative director, and business coach, as well as the host of the Aligned Business Podcast. She’s helped hundreds of online business owners build their brand and online influence, and turned her side hustle into a thriving design agency and education business.

In today’s conversation, Kelsey shares her journey and mishaps along the way. Not only will you learn how to delegate effectively, but you’ll get her foolproof strategy to diligently work a solid 5 hours and still make profits! 

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The powerful tools you can use to ensure your business can deliver results without you being involved in every step of your operations.
• The surprising things you can procedurize yourself out of–and how to do this WITHOUT losing control of your company!
• What Kelsey’s day looks like now that she can focus on the tasks she loves–and how she designs her calendar.
• How to talk to employees about time off and mental health–and creating a work environment that inspires everyone.
• What Kelsey did to completely eliminate email from her life.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/kelsey-kerslake-work-less-make-more

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Profit Boss® Radio

Apple Podcasts
Overcast
Spotify
Stitcher
Google Podc

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 177 of Profit Boss® Radio! Today, I’m reaching into the archives and sharing a past episode that’s as relevant today as it was when I shared it as episode 2.  

In this replay, I’m speaking with serial entrepreneur Allison Maslan. Not only has she built a business empire, and been named one of the “Top Women Entrepreneurs Who Inspire” by Self Made Magazine, but as one of my business mentors, she’s responsible for so much of my business growth and success.

Our conversation is all about women in business - entrepreneurship, financial independence, managing finances as a couple, money mindsets, hiring, selling, exit strategies, and more.

Whether you’ve heard this one before, or missed it the first time, this one is packed with a ton of value that’s worth its weight in gold.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Where does the courage to start your own business come from?
• Planning an exit strategy for your business.
• Why every woman should maintain financial independence.
• The importance of learning from your financial mistakes.
• Managing money as a couple.
• Shifting your money mindset from scarcity to abundance.
• Achieving success by embracing rejection.
• Why successful business owners are not victims of circumstance — success is a choice!
• A great tip for those who are afraid to sell.
• How to develop thick skin as a business woman.
• What to do when a prospect thinks your product/service costs too much?
• Why hiring is an investment and how to recruit top talent.
• How much should you pay yourself as the business owner?
  Saving as an entrepreneur and setting a financial freedom target.
• Strategies for couples who have conflicting money mindsets.
• Morning routines and rituals.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/allison-maslan-entrepreneurship-financial-intimacy/

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 176 of Profit Boss® Radio! In this episode, we’re on a mission to end entrepreneurial poverty for women. We’re talking about what it means for female entrepreneurs to design predictably profitable businesses—without the hassle and burnout—so that you can do less and earn more! 

So many women struggle to turn a profit as they build businesses. In fact, even though women own 44% of small businesses, they only make up 4% of the small business revenue in the United States!? 

How did this happen? Well, one big part of this is the fact that the MBA programs that so many women go through only train people to run large corporations. Unfortunately, they don’t equip you with the unique skills you need to build a thriving small business.

That’s why I’m so excited to have Racheal Cook with me today. Racheal is an award-winning business strategist, best-selling author, and host of the Promote Yourself to CEO podcast. 

In today’s conversation, we talk about the fourth and fifth steps from my 7 Steps to Wealth Framework: ask and earn. You’ll learn how to make money (and earn it) in your own business, as well as in your personal financial life. Racheal and I go in-depth on what it means to design a business on your terms and get out of entrepreneurial poverty as a woman–once and for all!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Racheal burned out on corporate consulting and found herself working uniquely with small businesses.
• Why so many small business owners work so hard for so little—and why it takes so long for them to realize this.
• The key to making your business run with ease—and the major mistakes so many women make that hurt their businesses (and themselves).
• Three things women need to be doing to run more resilient businesses.
• What you can do to get peace of mind if you’re suffering from burnout.
• How a bad CPA cost Racheal $15,000 in taxes that she didn’t need to pay.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/racheal-cook-ending-entrepreneurial-poverty/

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Profit Boss® Radio

Apple Podcasts
Overcast

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 175 of Profit Boss® Radio! In this episode, we’re talking about how to literally rewire your money mind! 

Rewiring and engaging neuroplasticity is key to transforming your financial outcomes and altering your limiting beliefs—and no, this has nothing to do with affirmations! 

To discuss this topic, I’m excited to welcome Barbara Huson back to the podcast. Barbara is the author of Rewire for Wealth: Three Steps Every Woman Can Take to Program Her Brain for Financial Success. She’s dedicated her entire career to being a money mentor for women, and in many ways, this new book is the synthesis of all the work she has done. 

Barbara knows first hand the impact that negative money experiences can have on our brains. In our conversation, you’ll hear the story of the ex-husband who gambled all her money away, and the feeling of shame and fear that pushed her into a state of depression—and how she turned things around! 

Barbara also shares some real world stories of her clients who have completely transformed their money minds, and the neuroplasticity techniques they used to do it. We also dig into the beliefs and ideas behind this quote: “The only people who don’t have insane relationships with money are those who are willing to examine their insane relationship with money.”

If you’re ready to rewire your brain and change the way you think about money, don’t miss this episode of Profit Boss® Radio!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How we all become wired for wealth at some stage in our lives–and why we have to change this wiring to effectively change our behavior.
• How shame can impact women financially–and why it shouldn’t hold you back.
• What exactly neuroplasticity is–and three steps you can take to change your brain.
• Why traditional financial education is obsessed with behavior and nothing else–and how this causes so many women to have problems with money.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/rewire-for-wealth-barbara-huson.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Profit Boss® Radio

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 joined by the brilliant Beatriz Victoria Albina (a.k.a. Béa) for a conversation about something I’m incredibly passionate about: empowering women to own their truth, author their lives, and thrive in mind, body, relationships, and finances.

Béa is a Master Certified Somatic Life Coach, breathwork meditation guide, and the host of the Feminist Wellness Podcast. Her work helps those socialized as women reconnect with their bodies and minds, break free from codependency, perfectionism, and people-pleasing, and reclaim their joy and power.

In this episode, we dive into why so many women self-sacrifice to make others happy, what it means to emotionally outsource your sense of belonging, and how to cultivate internal self-worth. We uncover the unspoken expectations that fuel self-sacrifice, explore the transformative role of somatic experiencing, and discuss how to realign emotional, physical, and financial choices with your values.

You’ll also learn about the “rescue trap,” the power of setting boundaries and saying “no,” and how to prioritize self-honoring behaviors. Béa shares practical exercises to help unravel people-pleasing tendencies, regulate your nervous system, and connect your beliefs and values with your actions.

This conversation is packed with valuable insights and actionable strategies to help you spend your time, energy, and money in alignment with what truly matters to you. 

Let’s dive in!

Here’s what you’ll learn in this week’s episode of Love, your Money®:

• 04:00 Why so many women self-sacrifice in order to make others happy and emotionally outsource their sense of belonging–plus, how to generate an internal sense of belonging
• 07:33 The unspoken expectations that fuel self-sacrifice, why it’s important to have compassion for ourselves, and how to practice somatic experiencing
• 09:45 How people who are raised and socialized as women overspend emotionally, physically, and financially–and how Béa works with clients to realign their choices with their values
• 10:51 How we can start to unravel our people-pleasing tendencies and use somatic practices to regulate our nervous systems
• 12:57 The best way to develop somatic bodily awareness, why meditation might not be the answer for everyone, and lessons about regulation from a chihuahua 
• 21:56 What the rescue trap is, why women are vulnerable to it, and the implications of this variety of self-abandonment–in big and little ways
• 26:01 Why ‘no’ is such a hard word for women to face, how we can reframe that experience, and the role of boundaries in preventing resentment
• 29:17 How Béa identifies the difference between self-abandoning and self-honoring choices, and why somatic processing is an integral part of it
• 31:24 How selfishness can help you prioritize your spending, how Béa thinks about financial regret, and lessons she’s learned from past spending choices
• 34:32 An exercise to help you connect with your internal compass and empower yourself to make a different choice when you sense self-abandonment

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/beatriz-victoria-albina-self-sacrifice-vs-self-honoring

Follow Hilar

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 174 of Profit Boss® Radio! It’s true, I haven’t published a podcast episode in over half a year—and today you’re going to find out why! You’ll hear all about how I ended up in a complete state of burnout, and the mindset shift I had to make to turn things around. 

I had something brewing in my business that turned out to be a BIG mistake. I let a limiting belief around money stop me from hiring new staff when I needed it the most—preventing me from effectively scaling my business. 

Yes, of course, even though I don’t tend to make them very often anymore, you can count on me to be honest about my own financial mistakes. And if you have your blinders on (like I did) you may have limiting beliefs around money that are getting in your way too! 

With these hard lessons in mind, today’s episode of Profit Boss® Radio takes a look at the 7 Steps to Wealth Framework. I want you to see which of these critical steps are working for you in your life and business right now AND which you need to put in place before financial mistakes—or even tragedies—occur. Then, I review the Forbes Billionaires list, and show how your reaction to it can give you insight into your own (potentially) broken mindsets.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why it’s so easy to forget what you know–and how being attached to profit ended up hurting me.
• Why growing a profitable business is always about personal growth (what got you here won’t get you there!)
• The 7 Steps to Wealth–and how to use this blueprint to build (and protect) a fortune.
• What it means if you have a negative (or positive) emotional response to seeing stories about the Forbes Billionaires list.
  

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/174.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to 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.

As we round out 2020, this will be my last podcast of the year. I'm sharing a helpful checklist for the financial housekeeping items you should be taking care of before year end. 

For more information visit HilaryHendershott.com

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to 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.

In case you haven’t heard, the doors are now open for my upcoming Wealth Multiplier℠ Course - which was specifically created to help business owners achieve financial success. In today’s episode of Profit Boss® Radio, I’m talking all about what to expect by signing up!

Not only that, but as a prelude to the course, I’m also offering a FREE coaching session to all Profit Boss listeners.

After attending this FREE training, you will:

• Learn how to STOP making the 3 most common money mistakes.
• Know how to embody the 3 habits of highly successful business owners.
• Discover the 1 commitment you need to make that will transform your reality with money forever.

FREE Coaching Session (Dates & Times):

• Friday Oct 9th, 2pm PST
• Tuesday Oct 13th, 12pm PST
• Visit HilaryHendershott.com/multiply to secure your spot today!

Wealth Multiplier℠ Course - for Business Owners to Achieve More With Money

Discover what it will take for you to completely transform your reality with money through a hands-on and supportive 7-month financial coaching program.

• Friday, October 16th, 2020
• Visit WealthMultiplierCourse.com to learn more!

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 171 of Profit Boss® Radio! In this episode, we’re talking to you business owners about how you can reap the rewards of your blood, sweat, and tears. 

I see so many entrepreneurs attempt to successfully manage their money in business to the detriment of their personal net worth and financial future. It’s very easy to have millions of dollars in revenue slip through your fingers when you fail to capture it, make it yours, and put it in your name. 

So, are you ready to make a plan to get what you want, take back your power when it comes to money, and figure out the difference between wanting and achieving financial success? If so, today’s episode of Profit Boss® Radio is for you! 

PS: After you listen to today’s episode, I want you to go check out my free, on-demand video training. In it, I expand further on how you as a business owner can make more of your money and why I want you to consider my Wealth Multiplier Course. Simply visit HilaryHendershott.com/Wealth to find out more.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why businesses are hungry and selfish for your time and your money - and why it’s so hard to build a sustainable business that helps you achieve massive personal wealth. 
• How amassing and paying off $300,000 in uncollateralized debt helped me pave my own road to long-term financial success.
• Why operating inside limiting beliefs stops you from growing your revenue and your business.
• How not having a plan for money sets business owners up for failure - and how having a solid plan stops me from getting worried about this year despite the fact that my household and business income is down significantly.  

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/171.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to The Retirement Years on 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.

In this episode, we’re talking about investing in what is probably the freakiest time period we’ve ever lived through. The markets are just as wild as life right now, and you need to be educated and have a solid investment philosophy you will abide by to avoid getting off-track.

The market has been massively positive for owners of US large stocks. The market has not only recovered the 35% lost in March, but gained another 10 to 15%, and has become massively volatile. It’s easy to get emotional, to be ruled by hindsight bias, and to overthink bad decisions.

So, are you ready to create a solid plan, put it into place, and give yourself at least a little more peace of mind, even in difficult times? If so, tune into Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why the markets are so volatile right now - and how 12 companies are propping up the rest of the S&P 500.
• Why you should still feel good about making the right choices, even when they have bad outcomes. 
• The massive misunderstanding that people have when it comes to their investments. 
• The difference between traditional active and evidence-based investing - and why it’s so important to be diversified right now.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/170.

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.

In this episode of Profit Boss® Radio, we’re providing you with a proven guide to move forward and make power moves in your career.

With all the uncertainty and unrest in the world, and the changes people are making in their lives, whether out of necessity or by choice, now is a perfect time to make big changes. However, even though women make up 50% or more of the workforce and the workforce is less defined than ever before, there are still so few great resources on this topic.

Lauren McGoodwin, is an author, speaker, colleague, and friend. She’s the founder and CEO of Career Contessa, where she provides career development resources for women who are job searching, soul searching, leading, managing, or trying to find new ways to advance within their careers.

Today, Lauren joins the podcast to ditch the platitudes and talk about what it truly means to build a career that grows and changes with you, the unique challenges that women face when it comes to finding fulfilling work, and how to start making moves, big and small, to bring your life and career into alignment with what you really want.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The difference between “finding your purpose” and “finding your passion” (and which one Hilary absolutely hates!) - and what it really means to build a multi-dimensional career that grows with you and your interests.

• Why many women find it so hard to find careers that they really love - and what Lauren learned from her extensive research in this field.

• Why any move made proactively and with intention can be a power move - and why so many of the most successful and fulfilled women make intentional moves every day at a micro and macro level.

• Why a power move doesn’t need to be dramatic or life-changing - and can be something as simple as asking for a mental health day, asking to sit in on a project, setting new boundaries, or learning a new skill.

• The big lessons Lauren learned from launching Career Contessa in 2013.

Free Gift (limited supply)

Find out how you can get a free copy of Power Moves: How Women Can Pivot, Reboot, and Build a Career of Purpose. Visit HilaryHendershott.com/169 for all the details. 

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/169.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to The Retirement Years on 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.

In this episode, we’re bringing those of you who may be suffering financially a ray of hope.

When more than a million dollars disappears from your business - and, subsequently, your net worth - how do you find the courage and resilience to begin the emotional and financial journey to recovery?

Today’s guest is Ivy Slater. Ivy is an entrepreneur, best-selling author, speaker, podcaster, and certified business coach. Before she founded Slater Success, she operated a successful printing business for over 20 years in New York City.

Ivy had to learn hard financial lessons when she and her husband discovered a massive financial tragedy had occurred. She and her husband had to find a way to deal with their grief and anger while navigating an unrelenting set of financial commitments. While their story isn’t without missteps, ultimately they’ve set their recovery in motion in a way they can now be proud of.

If you find yourself at a financial crossroads, making virtuous and productive choices can feel futile, after all, the bank balances don’t rise automatically or immediately. Rewinding the clock on your financial planning by 20 years takes gumption, and it takes time to see the results of your hard work. Ivy’s is another of the stories we highlight on Profit Boss® Radio to show you that it does make a difference to make the right moves and start planning and building.

Today, I’m sharing parts of my conversation with Ivy about the intimate, difficult, and emotional process of losing everything and starting over - and how she and her husband exemplified my 7 Steps to Wealth framework as they courageously rebuilt their lives, survived serious financial trauma, and stayed together as a family.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• What happened when Ivy and her husband discovered that over a million dollars went missing - and how they created an action plan to start rebuilding.
• How Ivy talked to her kids about their serious money problems - and how she paid to put two kids through college, including one year where she needed to cover $100,000 in tuition expenses!
• Why accepting responsibility and committing to each other helped keep Ivy’s marriage alive at the toughest times.
• How navigating this loss helped Ivy prioritize herself, become a better leader, find joy, and pay it forward.

Wealth Multiplier Course - The Doors Open In September!
Learn how to feel empowered with financial confidence so that you can achieve more than you ever thought was possible! Visit HilaryHendershott.com/168 for all the details!

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/168.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook

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, we’re talking about overcoming inner barriers.

If you “get in our own way” or self-sabotage, it’s not always on you. For centuries, women have been put into positions that force us to play it small and fail to get in touch with our true desires. When it comes to money, having our own income or a life of financial independence was out of the question until just decades ago. We’ve made huge strides, but we still have so much to work through.

Today, I’m joined by Dr. Valerie Rein. Valerie has worked with hundreds of high-achieving women and discovered that the issues they struggle with aren’t just personal. They’re rooted in ancestral and collective trauma experienced for millennia, and she calls the results of this trauma, which affects both men and women, Patriarchy Stress Disorder (PSD). Since her own stress experience, which you’ll hear about in today’s episode, she’s dedicated her career to helping her clients resolve their traumas and live the lives they desire and deserve.

So, if you’re wondering what’s holding you back and how to start making changes in your personal and financial life, today’s episode of Profit Boss® Radio is for you.

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How professional success - and extreme stress - helped Valerie discover the barriers holding her back and triggered her “PSD awakening.”
• Why Valerie’s definition of patriarchy doesn’t refer to “men,” but to a system of inequality and oppression - and how PSD affects men as well.
• How our bodies’ survival programming kicks in and goes into overdrive to stop us from taking risks - and why so many women are biologically afraid that wealth and power will be seen as unsexy.
• Stories from Valerie’s work about how unraveling PSD in her patients naturally leads them to increased revenue.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/167.

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.

In this episode, we’re talking about earning money.

If you’re going to build wealth and attain financial independence, you have to earn that coin. Many of you have seen your income dry up in the wake of the coronavirus pandemic, and many more of you are probably reconsidering what’s most important right now.

Fortunately, this is also a time of reinvention. Many people are discovering how to use their gifts, talents, and skills in new ways, finding new opportunities, and turning the tough challenges they’re facing into powerful businesses.

Today, I’m joined by Natalie Sisson. She’s an author, a speaker, and the host of the Untapped Podcast. Natalie ditched her successful corporate career and turned her knowledge into eight different revenue streams. Now, she helps others leverage their unique skills and experience to earn a living and make an impact from anywhere just by being themselves.

So, if you’re looking to make a big change in your life - and do it profitably, check out today’s episode of Profit Boss® Radio!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why Natalie walked away from her corporate career, and how her blog became a vehicle for a new business and life as a digital nomad.
• How to consciously curate your freedom as you build a business on your terms.
• How car, plane, and train rides can serve as powerful sessions for focused work - and why travel can make you a sharper entrepreneur.
• The real reason blogging and podcasting aren’t oversaturated - and the power of finding your niche.
• The first steps to take as you begin to monetize yourself.
  

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/166.

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.

In this episode, we’re talking about how to deal with dementia in our families and in our lives.

Dementia is an unfortunate topic that touches many of our lives. When a parent starts to show symptoms of memory loss or erratic behavior, you need to have plans in place, to be able to have difficult conversations, and to be able to take action without getting overwhelmed.

However, with the right preparation, you can take a compassionate approach to your parents’ care without straining your relationship or becoming exhausted - and you can take actionable steps right now to know the red flags, warning signs, and even determine if something is a medical issue and not dementia at all.

Today, I’m joined by Kay Bransford. She’s the author of the award-winning blog Dealing With Dementia and creator of the MemoryBanc system, which has been named as a must-have in AARP’s Brain Healthy Gift Guide. She has also appeared on The Dr. Oz Show to talk about her work.

So, if you want to know what to look out for, as well as how to prepare for the worst, check out today’s episode of Profit Boss® Radio!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How Kay discovered that she needed lots of information to implement her parents’ plans once they developed forms of dementia - and why it took over half a decade of erratic behavior before they were diagnosed.
• How children can deal with parents who reject assistance – and how to take action without embarrassing or belittling them.
• Why certain medicines can trigger dementia-like symptoms - and the red flags you should bring up with a doctor if you notice.
• What people with dementia really need, how to prepare to be a caregiver, and how to tell if you absolutely can’t – or shouldn’t – be a caregiver.
• Why it’s so hard to determine when someone has to leave their home and be in full-time care.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/165.

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.

Today on Love, your Money® , I’m thrilled to bring you a conversation with someone I personally listen to nearly six days a week: award-winning broadcast journalist Erica Mandy. 

After a decade-long career in TV news, Erica left the traditional newsroom to create and host the popular daily news podcast, The NewsWorthy–a show that delivers the day’s news in a way that’s convenient, unbiased, and enjoyable.

Erica and I first crossed paths years ago at a podcasting industry event when both of our shows were just getting started. As I got to know her and became a loyal listener of The NewsWorthy, I was struck by how aligned our values are, especially when it comes to covering financial and economic events. Her “fast, fair, fun” approach to news reporting has guided my experience through major global moments, from the COVID-19 pandemic to presidential inaugurations, Olympic games, and more!

In this episode, Erica shares her journey from traditional news reporting to building her own media platform. We discuss how her approach to delivering news has changed, the behind-the-scenes challenges and rewards of running a successful daily news podcast, and her mission to help people stay informed without the overwhelm.

Erica is a woman whose work has inspired me, and whose voice has become a trusted part of my daily routine. I am delighted to introduce you to her, and I hope you enjoy this episode as much as I enjoyed recording it!

Here’s what you’ll learn in this week’s episode of Love, your Money®:

• 04:36 The types of media we consume, how the news influences how we feel, and why it’s leading Americans to feel news burnout
• 07:07 Why Erica left TV news, the impact that working in the newsroom had on her well-being, and the point of diminishing returns with media consumption
• 09:25 How Erica and her team decide which stories that make it onto her daily news podcast, The NewsWorthy
• 10:41 How the newsroom functioned when Erica worked there–from who chooses and writes the stories to doing interviews, picking lead headlines, and delivering the news on-air or in print
• 16:20 The benefits of independent news and the kind of impact Erica wants her show to have
• 22:58 The cost of giving up the dramatic lens in delivering the news–whether it’s current events or financial news–and why the sacrifice is worth it to Erica (and me!)
• 24:05 The time + team it takes to produce a 10-15 minute daily news show

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/erica-mandy-fast-fair-fun

Follow Hilary on:

LinkedIn 

Instagram

YouTube

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, we’re exploring the unexpected ways that aging affects our happiness.

If you do a Google search for the word “midlife,” you’ll instantly be greeted by the autofilled word “crisis.” It’s a time when almost everyone asks themselves, “Is this all there is?” and finds themselves facing new challenges, both internally and externally.

However, as you’ll hear from my guest today, midlife is also an extraordinary time. It’s a time of lasting friendships, of greater confidence, and of having the wisdom to do remarkable things. With a deeper understanding of where all the negative tropes around midlife come from, you can find happiness not just in it, but in the decades to come.

Today, I’m joined by Nancy Davis Kho. She’s the host of the Midlife Mixtape podcast and the author of The Thank-You Project: Cultivating Happiness One Letter of Gratitude at a Time, who is here to share what she learned from her own pursuit of happiness.

So, if you’re ready to bust the myths about middle age and better understand what happiness is really all about, this episode is for you. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why midlife - the period between 30 and 60 - is a really great phase of life to be in.
• What the happiness curve is, why it’s consistent across species, and how it forecasts our ability to become happier as we age.
• How to measure success as we get older - and how this moment in history is giving so many people perspective.
• How Nancy cultivated gratitude at a challenging time in her life - and why choosing to not madly pursue happiness actually makes us happier.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/164.

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.

In this episode, we’re talking about retirement, insurance, and what you can do right now to prepare for the costs of healthcare as you get older.

Healthcare in retirement can be very confusing. And if your employer has chosen your health benefits for the majority of your life, you’re probably not prepared to be dumped into a national health insurance system that has thousands of drug plan options.

Many people are scared of Medicare, or have heard horror stories about not being able to get the care that they need. However, it’s important to know that when combined with the right supplemental coverage, Medicare can comprehensively address your healthcare needs and truly provide for you.

Today, I’m joined by Medicare insurance expert, Danielle Roberts, who is here to clear up any confusion around what’s covered, what’s not, the benefits, the costs, and so much more!

So, if you’re ready to create a plan to make the most of Medicare coverage in retirement, this episode is for you. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• The unique features of Medicare that make it easier to use and more robust than employer-provided or individual health insurance coverage.
• How to select supplemental Medicare coverage - and why costs for many people are so reasonable when compared to employer-provided health coverage.
• What Medicare brokers do, how they get paid, and why premiums don’t always go up just because someone receives a commission from your policy.
• The expenses that Medicare doesn’t cover - and how to plan for expenses such as assisted living or live-in aides.
• Key facts about Medicare that people between the age of 50 and 55 should know - and be thinking about - now.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit HilaryHendershott.com/163.

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.

In this timely episode, recorded during the coronavirus pandemic of 2020, we’re talking about the psychology behind how we think about money, the mistakes we make, and why we’re so prone to irrational behavior in both good times and bad.

It’s hard not to get emotional when it comes to money. The stock market took a sharp negative turn recently and the short-term future of the economy is uncertain to say the least. Many Americans are either out of work or find themselves having to pivot to earn money. It would be 100% normal to be panicking now, however, it doesn’t have to be that way.

In this interview, Jeff and I talk about how, if you’re attempting to “react” to what’s happened, you’re not likely to be making decisions that are doing you any good.

For example, people are asking me questions like, “Should we sell out of the market at least partially?” or “How can I make sure to get in at the bottom?” or “Don’t you think hotel stocks are poised for a great return?”

Despite what the media would have you believe, nobody knows the short-term future so these questions cannot be answered. More importantly, investing is about size and consistency, not timing, and it’s important to take a look at it from a big-picture perspective.

As we navigate the coronavirus crisis, our minds are more vulnerable than ever to tricks, traps, and temptations. If you’re wondering how to invest, what to do with your investments, or just why you’re reacting the way you are to reading the news or checking the market, today’s episode of Profit Boss® is for you.

I’m joined by author, speaker, pundit, comedian, and behavioral science advocate Jeff Kreisler. In addition to writing for TV, politicians, CEOs, and sharing insights on networks like CNN, Fox News, MSNBC, and SiriusXM while he’s not touring the planet, Jeff runs Peoplescience.com. He and past Profit Boss® guest Dan Ariely recently co-wrote Dollars and Sense: How We Misthink Money and How To Spend Smarter, where they hilariously tackle the behavioral science behind our financial decisions.

So, are you ready to stop letting the news cycle leave you wondering if now’s a good time to buy or sell, identify financial traps before you fall prey to them, and discover frameworks that will help you use human nature to your benefit? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why we participate in emotional, panicked, and irrational behavior, like hoarding toilet paper, when we see others do it - and how a crisis like the coronavirus makes bad thinking even worse when it comes to money.
• The reason it’s so important to take a 30,000 foot view of your finances during a recession or extended downturn.
• Why our brains struggle so much to understand money - and why the things that make money “awesome” in Jeff’s words are also the things that make it so complicated.
• The things people are most frequently getting wrong right now - and why we’re so prone to making terrible tradeoffs for the future in this moment.
• Why making your IRA contributions automatic and paying your bills first has a significant, positive impact on your ability to save.
• Why we’re so much more prone to stressing about small spends instead of big ones. 

Show Notes

To get access to the full show notes, including resources men

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 answering several listener questions about the coronavirus pandemic, the economy, stock market investing, and personal finance.

I’m hoping my answers to these questions will help you better understand how to think through tough decisions when it comes to money and your family, why you should manage your mindset instead of trying to predict the future, and how moments like now prove the importance of having an investment strategy — to name just a few of the issues we dive into.

We also get into what you can do to make money right now, what types of businesses are thriving in this tumultuous time, what you can do as a business owner to protect yourself and your employees, and what resources may be available to you as individuals via the $2 trillion CARES Act passed by Congress.

Things may feel like they’re constantly changing right now, but by deepening your understanding of what’s going on and how you can best stay physically and fiscally healthy, you can come out of the other side of this empowered, educated, and ahead of the media. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

Cara asks: “Should I pay off the loan on the house I inherited from my grandparents, or should I refinance and invest my money, even though the economy feels shaky right now?”

Monica asks: “How long do you think the trickle-down effect of the global reaction to the coronavirus is going to be?”

Carl asks: “How should the fiat currency issue play into my investment strategy, and should I listen to people telling me to buy precious metals or Bitcoin right now?”
Lela asks: “How should someone arrange their stock-bond IRA or Roth IRA if they’re over 65?”

Ana asks: “Why do we need to hang on tight and not sell or panic in a crisis, and what can we do to maximize our investments right now?”

Brandy asks: “Will we all get back the money we lost in our investments once the coronavirus event has ended?”

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/161.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to The Retirement Years on Profit Boss® Radio
Apple Podcasts
Overcast

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's episode is a call for your questions. At this point, we're deep into the coronavirus and there are a lot of people, both individuals and businesses, who are worried about everything related to their finances. If you're looking for answers, I'm here to help!

Please send any financial related questions to media@hilaryhendershott.com this week and I will answer them in an upcoming episode. I look forward to sharing my advice and helping you through this difficult time as best as I can.

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.

In this episode, we’re talking about estate planning. As in wills, trusts and powers of attorney. I know, it’s not sexy, but it is important.

Estate planning isn’t just something for people with a lot of money. It’s about making things as easy as possible for your loved ones when you’re gone, and whether you’ve got $10 or $10 million in assets, that matters. If you’re thinking that having a will takes care of this, you may be surprised to learn that a will doesn’t do that much - and can create serious legal and financial headaches for your beneficiaries.

Furthermore, if you have children, I cannot stress this enough: please get an estate plan in place along with appropriate life insurance. If you get in trouble and really need life insurance or estate planning documents in place, it’s often (unfortunately) too late, and whether you’re new parents or retirees making plans for your golden years, it’s highly likely that you need more than just a will to protect your family and your assets. If you’re wondering what to do next, today’s episode of Profit Boss® Radio is for you.

I’m joined by wills, trusts, and estates attorney Laura Cowan. Based in New York City, Laura was named a 2019 Rising Star by Super Lawyers, an award only given to the top 2.5% of attorneys in the Greater New York area, she’s spoken at the UN Headquarters about estate planning for non-citizens, and she has been featured in Forbes Magazine. Most importantly, Laura is an attorney who can actually speak to people about this complex topic without overwhelming them!

So, are you ready to truly understand the difference between wills and trusts, learn how to best protect your life’s work and your loved ones, and find out how to build an estate plan to best suit your needs? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why having a will and not a trust guarantees that your beneficiaries will end up in probate court - and why this process often costs up to 5% of your estate and takes years to complete.
• Which of your assets cannot be passed down in a will - and how naming minors as primary beneficiaries to assets like life insurance and 401(k)s can leave your money in a stranger’s hands until your children turn 18.
• Why most people choose to create a living trust instead of a will - and the components that go into an estate planning package.
• The dangers of letting minors collect their whole inheritance at 18 - and what happens if you don’t name a successor guardian for your minor children.
• How asset protection trusts differ from living trusts - and how to best protect your assets from creditors.
• How a trust can protect your assets in the event that your spouse dies and you remarry.
• Why you shouldn’t create your own estate plan online - and why you should choose to work with a flat-fee estate planning attorney over one who charges by the hour.

MoneyWise Segment: Should You Refinance Your Mortgage?

If you listened to last week’s episode, Coronavirus & Your Money, you heard all about what NOT to do during a crisis. And while your investments are likely down, so too are mortgage rates. I have heard from people who are getting quoted on refinances at remarkably low rates and a lot of people are wondering, “s

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 short episode, we’re talking about what’s happening in the stock market in the aftermath of the coronavirus outbreak.

Unfortunately, the coronavirus (COVID-19) is here. My heart goes out to all of the individuals, families, communities and countries that have been affected. Many of us remain on high alert, myself included, because we are the parents or children of immune-compromised individuals who are especially susceptible. The purpose of today’s episode is to help you make sense of what’s happening in the investment markets recently and in the near term future, so that instead of focusing on your money, you can keep your focus on remaining healthy.

It’s definitely true that companies that depend on global travel and complex international supply chains could be in serious trouble. But how will this outbreak affect you and your money?

If you’re invested in the stock market with a diversified basket of investments designed to serve your needs and meet your timelines, your accounts are probably down. As you watch values drop, it’s easy to get scared and think to yourself, “Wow, I need to sell before this gets worse.” That’s a normal feeling, and I experience it too!

However, trying to time the market is what the best investors in history have called the loser’s game - and I explain why in today’s episode.

It’s important to note that temporary declines are not rare. Since 1927, there have been 158 2-day periods where the market has declined 4% or more, 49 2-day periods with a decline of 6% or more, 15 2-day periods with a decline of 8% or more, and 5 2-day periods with a decline of 10% or more. Further, the S&P 500 is higher now than it was after downturns following past outbreaks like SARS, Avian Flu, and Zika. So, have no fear, this too shall pass!

Beware media magnification! If you rely on the national financial news media for financial advice, they’ll have your emotions whipsawing. I design Profit Boss® Radio to be your voice of rationality and even-handed, evidence-based wisdom.

If you want to better understand what’s going on in the markets and make better sense of the story the media is trying to spin right now, you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• What the coronavirus is, who is at risk, and why it is impacting the markets so significantly.
• Why watching the markets go down right now could be an unfamiliar feeling - and why pulling your investments out is a surefire way to lose money.
• How the media assigns causality to market events, and why no one really understands why the market moves when it moves this fast.
• Why predictions have so little bearing on the stock market - and why risk is already reflected in stock values.
• How to remain calm and confident that the markets will recover.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscri

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.

Perhaps you’re really starting to come into your own as an earner and thinking you could benefit from working with a financial advisor. Maybe you’ve met with several people who all call themselves financial advisors, but were surprised to discover that there was no consistency at all in what they did or the services they offered. You may also be wondering why so many advisors charge for their services in completely different ways.

If your initial research into the world of financial advisors has left you with more confusion than clarity, today’s episode of Profit Boss® Radio is for you.

A great financial advisor is someone who you can trust deeply - and who prioritizes your success above everything else. They should help you create a world-class investment experience uniquely suited for your needs, give you the tools to thrive in life, and help you create a legacy and estate that you’ll be able to pass on to the next generation.

So, do you want to know the most important questions to ask, the red flags to look out for, and what a great relationship with a financial advisor can do for you? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why there’s so little consistency between people who call themselves financial advisors.
• Why I don’t like annuities - and why I don’t consider financial advisors who predominantly sell life insurance to be real financial advisors.
• The qualities to look for in a potential financial advisor.
• Understanding the difference between a fee-only and fee-based financial advisor.
• How to work with a financial advisor to create a world class portfolio that’s low cost, high performance, diverse, evidence-based, and built to weather market cycles.
• Why tax minimization, lifestyle coaching, insurance recommendations, and mortgage analysis can all be provided by the right financial advisor.
• What an empowering, meaningful cash flow actually looks like.
• Why almost every prospective client I speak with has horror stories about past advisors - and how to find someone who you can actually trust.

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/157.

Follow Hilary on:

Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to The Retirement Years on Profit Boss® Radio
Apple Podcasts
Overcast

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, we’re talking about how to use scholarships to pay for college.

We’ve all heard the horror stories of those who graduate with hundreds of thousands of dollars in student debt. Many of my clients are faced with the very real tradeoff between making sure their kids graduate with no (or minimal) debt and funding their own retirement.

To make matters worse, there’s so much conflicting information around the topic of financial aid that it can be completely overwhelming. It takes practice to learn the difference between a marketing scam and a real opportunity, and few students discover how many incredible scholarships are out there for the taking.

If you’re trying to make sense of it all and can’t figure out how you (or your kids) will pay for college or university, today’s episode of Profit Boss® Radio is for you.

I’m joined by Jocelyn Paonita Pearson, founder of The Scholarship System. Over the course of her college career, Jocelyn secured over $126,000 in college scholarships, graduated with zero student loans, and even received overage checks to cover her expenses. And now, she’s teaching others how to do the same. Her 6-step system for finding scholarships has helped families secure over seven figures in scholarships!

So, are you ready to learn how to avoid crushing student debt, find scholarships you never knew existed, and learn how to actually win them? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

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/156.

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.

In this episode, we’re talking about writing and publishing books.

Almost everyone has a book inside of them waiting to be written. You don’t have to be an entrepreneur who wants to spread your message and grow your empire to write a book, either. You could be a doctor looking to share nutritious recipes you’ve crafted for your patients. You could even have a full-time job and a great career, but want to write the Great American Novel to express your creative energy.

No matter what you write about, you’ll ultimately have to choose how you’re going to share your book with the world. At that point, you’ll have to decide between self-publishing or working with an imprint of a publishing house.

I’ve personally been thinking about writing a book for a very long time. I’ve attended a number of conferences, learned what it’s like to self-publish, and taken a $5,000 course on how to publish traditionally. After doing all of this research, I decided not to write a book at the time, but as my business has grown, I’m actually reconsidering.

What I learned from my experience was this: there’s no 100% right way to go. There’s a lot to learn about both methods, and there’s no clear evidence that one is more profitable than the other. What you can clearly understand, however, is how to plan for what writing your book is going to cost you in terms of money and time.

For today’s episode of Profit Boss® Radio, I’m speaking to two experts on this subject.

First, I’m joined by Julie Broad. Julie is an Amazon Overall #1 bestselling author, an International Book Award Winner, and recipient of the Beverly Hills Book Award for Best Sales Book. Through her company, Book Launchers, she helps entrepreneurs and professionals write, publish, and sell business and brand boosting books without giving up their rights or royalties.

After my conversation with Julie, I’m speaking with Joelle Hann. Joelle is the founder of Brooklyn Book Doctor. She’s ghostwritten, collaborated, edited and developed books with top CEOs and humanitarian activists, coaches and journalists, scholars and entrepreneurs, and many others. Joelle also actively writes and publishes her own work, so she knows what it means to be coached and edited. Her signature program, Book Proposal Academy, helps authors write winning book proposals that help them land agents and get attention from traditional publishing houses.

Both Julie and Joelle are also currently available for consulting, and you’re going to hear an exclusive offer from each of them if you’re ready to bring your book into the world.

So, are you ready to hear all about what it’s really like to publish a book, learn from the experts’ big wins, and find out about the mistakes you need to avoid? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• How to approximate the costs of writing a book - and why not to assume it will ever pay for itself.
• Why authors need to be thinking like marketers regardless of whether or not they partner with a publisher.
• Why writers who have had success with traditional publishers are now choosing to self-publish.
• The difference between self-publishing and hybrid self-publishing - and why Julie isn’t a fan of hybrid.
• How much you can expect to pay for a highly experienced ghost writer.
• The difference between a developmental editor, a copy editor, and

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’s topic is a highly requested one: how ADHD impacts your finances.

I’ll be honest, normally when I have a guest on the podcast, I’m at least a little bit familiar with the topic we’re going to discuss–but today is different.

Until this conversation, I had next-to-no experience dealing with ADHD. But I do know it’s a common issue as more and more adults–especially women–receive ADHD diagnoses. And that’s why I’m so excited to welcome Dr. Stephanie Sarkis, PhD to the Love, your Money® Podcast to share her expertise!

Dr. Sarkis is a psychotherapist who specializes in ADHD, anxiety, and working with victims of narcissistic abuse. She is the author of eight books and three workbooks about ADHD and money, healing from toxic relationships, and the impact of emotional abuse on your finances.

Stephanie is a National Certified Counselor, Licensed Mental Health Counselor, American Mental Health Counselors Association Diplomate, and a Florida Supreme Court Certified Family and Circuit Mediator. She has been in private practice for over 20 years, is an online contributor to Psychology Today, and hosts the Talking Brains podcast.

In other words, if we want to talk about ADHD and money, we’re in good hands today. So buckle up, and let’s dive in!

Here’s what you’ll learn in this week’s episode of Love, your Money®:

• 04:10 How the three subtypes of ADHD present, and how symptoms (like executive dysfunction or impaired impulse control) affect financial decisions and outcomes
• 07:48 The difference between being disorganized and having ADHD, the symptom spectrum, and getting diagnosed in childhood versus as an adult
• 11:17 Understanding the brain chemistry that fuels ADHD, effective treatment options, and how neurotransmitter activity influences behavioral patterns
• 17:25 Investing and ADHD, finding the right resources to support your wealth building, and developing a healthy relationship with a financial professional
• 20:35 How people with ADHD can learn about finances, the power of gamification, and the cash flow management system Stephanie recommends 
• 26:26 Couples and ADHD: Why people with ADHD tend to fight more about money, and why they’re more vulnerable to financial or narcissistic abuse
• 29:46 Tips for talking to your partner about money–without a fight, and the characteristics of a healthy financial partnership 

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/stephanie-sarkis-adhd-and-money

Follow Hilary on:
LinkedIn 

Instagram

YouTube

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’s topic is one that is very close to my heart. I’ve worked with hundreds of business owners to increase their wealth. It’s something I’m very passionate about, and business financials are invariably intimidating. Honestly, I rarely meet a business owner who feels they have a good grasp on their costs, revenue sources, and profit, let alone what to do about any of that. The worst part is that I see so many business owners languish in “I’m still in ‘investing in my business’ mode” which is always code for “I’m not paying myself enough.” It’s a common, chronic condition that I’m out to cure! 

Business can be the golden road to an amazing lifestyle, but you have to PAY YOURSELF in order to accomplish that. Otherwise, you’ve simply built yourself a job.

So, let’s get to work decoding your business numbers.  

In today’s episode, we’re digging into how to measure financial performance for three types of businesses: product businesses, brick-and-mortar businesses, and online businesses. You’ll learn what the most successful business owners I’ve worked with do (and look out for) to meaningfully measure performance, turn a profit, and consistently take home a paycheck. 

If you’ve struggled to measure your success by key performance indicators, or worse, struggled to use key performance indicators that simply didn’t apply, this approach will feel like a breath of fresh air - and can help you figure out exactly what you need to do to achieve smart, sustainable growth. 

Joining me for today’s conversation is Danielle Hayden. After 10 years in the boardroom as a CFO, she’s now the co-owner of Kickstart Accounting Inc, where she helps women get out of overwhelm, stop hiding in the dark, and take home the paychecks they deserve. 

So, are you ready to stop hiding from your financials so you can finally get to know your business, inside and out? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today!

Here’s what you’ll find out in this week’s episode of Profit Boss® Radio:

• Why women constantly struggle to pay themselves from their businesses.
• Why the metrics and KPIs so many business coaches focus on don’t apply.
• Why failing to understand financials makes it nearly impossible to achieve profitable growth.
• Examples of great product businesses - and what makes them so good.
• When owners of product businesses should think about shutting down or considering other avenues.
• How to evaluate financial underperformance and determine if it’s time to reevaluate a business model.
• Why being emotionally attached to an unsuccessful business can be financially devastating.
• The unique metrics that make measuring brick-and-mortar business performance different from that of online businesses.
• The KPIs I use to understand where to focus my energy and make sure my online service business is growing.
• How online service businesses can effectively track time - even when they don’t bill clients by the hour.
• What business owners should be paying themselves, and how payouts should work.
• How people in their 30s and 40s should save for the future.
• Why it’s so important to understand your numbers.
• Why almost every business owner needs custom tools to measure their finances.

Show Notes

To get access to the full show notes, including resources mentioned, transcript, and a complete breakdown of the End of

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 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 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 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.

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. 

• 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.

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.

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. 

• 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.

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.

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.

Have you heard the phrase “be stubborn about your goals and flexible about your method”? It’s pretty good advice.

Attachment and unwillingness to release the plans we’ve made or the expectations we have can be very costly, which is something that today’s guest has learned a lot about in the last few years. But thanks to healing core wounds and reprogramming her subconscious, she’s been able to work through those ego blocks and accomplish some pretty incredible things.

Tonya Rapley is someone who really embodies the 7 Steps to Wealth in her life. Her story is a great example of what’s possible when you break through limiting beliefs and author your own life based on what you actually want–not what you’ve inherited.

Tonya is a speaker, financial educator, best-selling author, and investor. She is the CEO of Her Legacy Media, Inc., and founder of My Fab Finance–a media company that helps you do things with your money that you’re proud of.

I invited Tonya to join me on the podcast to talk about her money journey, including her transition from working at a non-profit to running a multi-million dollar business, getting paid well while doing good in the world, and why she’s choosing to return to employment after nearly a decade of entrepreneurship.

The way Tonya talks about embracing a beginner’s mindset and using new experiences to heal as you age is really inspiring, and I hope you enjoy this conversation as much as I did! 👇

Here’s what you’ll learn in this week’s episode of Love, your Money:

• 02:26 The story of Tonya’s transition from working at a non-profit earning $45k per year to being an entrepreneur with $45k months
• 04:55 How Tonya’s upbringing influenced the expectations she had for herself, and what she did to break free from those limiting beliefs 
• 08:16 How Tonya defines a “beginner’s mindset”, and how you can use the beginner’s mindset to heal as you age
• 09:42 How Tonya found guidance as an adult, created her own board of directors, and how that mentorship led her to learning how to play (and love) golf
• 14:26 The courage of making asks–and the power of those asks to further your career and offer support in your personal life 
• 16:04 Tonya’s recent transition to life as a single mother, why she had to right-size her life to fit her current situation, and how her ego flared up along the way
• 16:57 The financial lessons Tonya learned from her divorce, and the advice she has for other women who are dissolving a financial partnership
• 20:59 What it means when people try to buy transformation versus earning it, and the tools Tonya uses to reprogram her subconscious programming and heal
• 24:07 Tonya’s upcoming return to the workforce, and how she’s leveraging the skills she learned as an entrepreneur in her new job

Show Notes
To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/tonya-rapley-beginners-mindset

Follow Hilary on:

LinkedIn 

Instagram

YouTube

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 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.