By the end of this episode, you’ll be inspired to make more money and live life with ease.
Buying real estate can be a whirlwind - and if you've been following along for the past month, you know I've been in the middle of it myself! But it worked out, and my family and I landed our dream house in 28 days. Next week we'll be hearing from a panel of experts about how to buy real estate, but I thought I'd share my story first as a prequel.
In this episode I break down both the story of how we speedily secured our mortgage, and the story of how we ended up moving into the same house my husband lived in when we first met in 2011. It was a rapid and often crazy process, but there are some excellent lessons you can take from our speedy real estate experience.
You can find show notes and more information by clicking here: http://bit.ly/2qn9WJe
Denise Duffield-Thomas is a money mindset mentor for the new generation of female entrepreneurs. Denise is committed to changing the way women think about wealth and money. Instead of losing belief or being intimidated, she inspires women to build their own definition of wealth.
One thing you’ll have to come to grips with is that everyone has money blocks. We tell ourselves stories about why we shouldn’t worry about money or pass the responsibility off to someone else. Maybe subpar math skills or preconceived ideas about gender roles are holding you back. Regardless, the time to break through your personal blocks is RIGHT NOW!
Also, I'm hiring a paraplanner! Listen in to the episode to hear about it, and find the link to the job opportunity on the show notes page.
You can find show notes and more information by clicking here: http://bit.ly/2pnhDif
In today’s episode, I'm answering your questions about the stock market and the chances that we're in a bubble. These questions were submitted via email and in our Profit Boss® Facebook group, and are extremely relevant for all investors.
Questions covered in this episode:
I also have some exciting news - I'm hiring a paraplanner! Listen in to the episode to hear about it, and find the link to the job opportunity on the show notes page.
You can find show notes and more information by clicking here: http://bit.ly/2okeiMf
In preparation for tax time, Deborah Gregory talks us through how to minimize the chances you’ll be audited, who should expect to be audited and why, what to do if you do receive a dreaded audit letter, and how the audit process goes.
She also has helpful hints for business owners about which expenses to be sure to keep good records of, and she shares her opinion on whether you should use Turbo Tax or hire a tax preparer.
You can find show notes and more information by clicking this link: http://bit.ly/2oSRbcS
Erin Lowry writes about how children should approach money conversations with parents. She writes for BrokeMillennial.com and she's a guest on Profit Boss® Radio this week.
End of life conversations can be difficult, and the conversation about handling financial affairs when you pass away can be an especially touchy topic. Erin has practical tips for children to approach their parents so that conversations about money can be positive. Conversely, parents will find this advice helpful as well if your adult children resist the idea of thinking through end-of-life planning issues.
You can find show notes and more information by clicking this link: http://bit.ly/2nNR4kA
This episode of Profit Boss® Radio is for the mommas. Dana Malstaff is the boss mom. She's a business and content strategist and founder of the Boss Mom community. Most importantly, Dana is an expert at quickly recognizing the things we should not feel guilty about, a common challenge that many mompreneurs have. Dana can help you kick that habit so you can excel at the two things you love - being a mom and making an impact.
You can find show notes and more information by clicking here: http://bit.ly/2nq8CmG
Katie is the next everyday heroine to be featured in our Everyday Heroine series. She started out in a low-paying government position that was not fulfilling. Now, she earns $160,000 annually and has made the jump to an organization that she loves. She and her husband have over $100,000 in savings and $230,000 in their investment accounts.
In this interview, Katie shares with us how she turned the philosophy that healed a cancer diagnosis into a life philosophy that has served her well on the road to financial abundance.
You can find show notes and more information by clicking here: http://bit.ly/2mGnHg4
Tara Gentile is the CEO and Founder of Quiet Power Strategy, a firm specializing in hands-on business training for idea-driven entrepreneurs. As an entrepreneur, she has a unique focus on practical goals and purpose. Finding goals that are catalysts for pushing past obstacles to creating wealth is her sweet spot. We’ll delve into a fascinating conversation on what entrepreneurs can do to build robust, successful businesses that generate income with ease.
By the end of this episode, you’ll be inspired to make more money and live life with ease.
You can find show notes and more information by clicking here: http://bit.ly/2mDvVsP
Profit Boss®, I listen to a lot of other financial podcasts. I want to know what's out there, the topics other shows are covering, and the kind of advice other hosts give their audiences.
Today I'm running through the top 10 worst pieces of advice I've heard on other shows. I explain the claims, break them down, and give you some tips for recognizing incorrect or ill-intentioned advice. It's crucial that you learn how to separate misleading ideas from the good stuff, so you can move on and keep building a well-informed and healthy financial life.
I hope this episode gives you some tools for recognizing bad advice, so you can continue to be the money-savvy woman you already are (or are becoming)!
You can find show notes and more information by clicking here: http://bit.ly/2mntESS
All you regular listeners out there know I LOVE a good side hustle, and today's guest might be the master of them all!
In this episode, Hannah shares some of the many entrepreneurial lessons she's learned along the way, including the importance of reinvesting into your business. Hannah also talks about how her love of fashion inspires her to work hard every day, to the extent that her side hustle has become her full-time job.
Hannah and I also chat about what it's like for her to have become an entrepreneur so young, and how some other people in the space have mentored her. If you're a fashion junkie, I'm sure you'll be fascinated by this episode and pick up some great tips!
You can find show notes and more information by clicking here: http://bit.ly/2miXhFt
Joann Lublin is the new author of Earning It: Hard-Won Lessons from Trailblazing Women at the Top of the Business World. In this book, she interviews women who have achieved great success in the professional world. Two-thirds of the women interviewed for this book are senior executives. All of the women have fascinating stories to share about climbing the corporate ladder and helpful advice for the next generation following in their footsteps.
You can find show notes and more information by clicking here: http://bit.ly/2l9fMu4
The federal fiduciary rule has been a hot topic in recent months, first because of President Obama's decision to establish it. Now that President Trump has put the rule on hold to be reviewed, we're all talking about fiduciary advisors and regulations once more. I came across an excellent article recently, "What Your Financial Advisor Isn't Telling You," by Dr. Antoinette Schoar, and I knew I had to chat with her.
Antoinette is a professor of Entrepreneurial Finance at MIT, frequent contributor to the Journal of Finance, and part of the nonprofit ideas 42. In this interview, Dr. Schoar and I talk about the conversation with her mother and her mother's advisor that made Antoinette want to better understand the difference between fiduciary- and suitability-focused advisors. We also talk best investment strategies, including the benefits of index funds and how much stock you should own of the company that employs you.
You can find show notes and more information by clicking here: http://bit.ly/2lEVh70
Profit Boss® Radio is celebrating our 1-year anniversary. When you think of anniversaries, you typically think romance. Since this is a financial podcast, I'm going to combine those two concepts and interview my husband, Robert Hendershott. He's a bonafide hedge fund manager. Hedge fund investing is a topic that's stumped me in the past so it will be a nice change of pace to demystify some of the myths and lore associated with this complex world of investing.
You can find show notes and more information by clicking here: http://bit.ly/2jORCGw
Our guest today, economics professor Sharon Poczter, is a renowned economist, researcher of financial exclusion, and self-professed Shark Tank junkie.
Sharon has recently published findings that compare the pitches of investors with their success securing funds from the sharks. Since she's always been interested in how a lack of funds can exclude certain groups from wealth and leadership, she and her team decided to analyze how women entrepreneurs on the show compared with their male counterparts.
In this episode, Sharon and I discuss her findings and the lessons that all women can take from her research. Sharon also shares how she's encouraged the women in her classes to feel more confident speaking up, and her research on financial exclusion in developing countries.
You can find show notes and more information by clicking here: http://bit.ly/2kHSpsR
In this episode, I'm talking you through both of those processes - and giving you a ton of resources to help you along the way!
I start with my step-by-step recommendations to build a strong financial foundation. Whether you're a listener in your twenties with your first job, your thirties with some debt to eliminate, or approaching retirement, these simple guidelines can help you build the money muscles you'll need to save and invest intelligently for the future.
I also answer some big questions about real estate, including how to know when you're ready to buy a house. I offer some things to keep in mind during your house search, why a house does not count as a retirement asset, and why you shouldn't fall in love with a house.
This is just a small taste of everything covered today; check out the show notes for a PDF version of this episode that's packed with tools, links, and information to help you pave the path to financial freedom!
You can find show notes and more information by clicking here: http://bit.ly/2j9r6p2
David recounts the very early financial education he received from his grandmother, herself a single woman who decided to master money at the age of 30. Now, David teaches people around the world how they can become millionaires by implementing a very simple money habit.
David also shares the story of the couple whose saving patterns enabled their modest incomes to balloon into over $2 million in assets, and how their story changed his outlook on savings forever.
You can find show notes and more information by clicking here: http://bit.ly/2je06TP
This week I'm speaking with Kelly, whose lax money habits from her early 20s landed her in a stressful 25-year cycle of debt and uncertainty. Now, having sought help to finally improve her understanding of money and establish healthy spending and saving, she's debt-free.
This episode is a great one for anybody wrestling with feelings of failure or inadequacy around money, but it's also educational for you parents out there who are wondering how to ensure that your children don't grow up with a sense of entitlement around finances.
In the interview, Kelly takes us through her early money memories and the reasons she hated focusing on money. She talks about what those 25 years of constant debt were like, and how she finally reached out to a financial coach who helped her reform her treatment of money.
You can find show notes and more information by clicking here: http://bit.ly/2jnUhWV
Happy new year, Profit Bosses®! I've heard from many of you that you want a step-by-step outline of how to get started investing, so our goal today is to provide just that!
In this interview, PT starts by describing how he got started investing and saving. He talks about how to know when you're ready to start investing for the long term, and the different types of retirement accounts you can consider. We also break down three case studies based on people in different stages of life and income, and PT offers his advice about what each of these people should do to start investing.
PT's financial insights are the perfect way to prepare to invest in the new year, so don't miss this!
You can find show notes and more information by clicking here: http://bit.ly/2iBgehA
Welcome back to Profit Boss® Radio for our final episode of the year! It's been a wonderful ten months of learning and community-building with you all, and I can't wait to see how this show and community evolve in 2017.
Jessica talks about how she combined a lifelong love of performing with marketing acumen to become an engaging podcast host. Her first show, Lady Business Radio, offered an inside look at the lives of interesting and successful female entrepreneurs. Now she's the host of She Podcasts, a show and community dedicated to giving female podcasters the resources and advice they need to start and profit from their podcasts.
You can find show notes and more information by clicking here: http://bit.ly/2hdNDNl
We're back with another Everyday Heroine this week! Jennifer is the host of Congressional Dish. She's a spitfire committed to producing a valuable podcast with no partisan slant, and all in the face of some financial uncertainty.
Before diving into the interview, I've got a mini-economics lesson for you. You've probably heard that the Fed raised interest rates -- but what's that mean for your bottom line? And your investments? I'll break all that down so you can be the most informed friend in your circle this week.
Next up: the interview with Jen. We cover some basics about her background -- first money memory, money habits, and financial struggles -- and she talks about the many small jobs she's had while figuring out what she really loves to do. She then shares the inspiration for Congressional Dish, which grew from a passion project into a full-fledged business.
You can find show notes and more information by clicking here: http://bit.ly/2gWt2QQ
Why do all the hard work to build up financial security if you're not going to protect it, right? So the point of today's episode is to express that the same principle applies to your business, too; you've got to make sure you and your business are legally protected from any unforeseen lawsuits, so you're not blindsided into losing what you've worked for.
For this advice, we're thrilled to welcome attorney Lin Eleoff. Lin is the brains behind Cover Your Assets Online, where she has used her experience as a business lawyer to compile a DIY legal framework for your online business, saving you loads of money and hours of legal legwork.
Lin begins with a backstory about how she got into this niche as a lawyer and a life coach, and I share my own scary experience with the laws of online content. We also talk about what can happen if you don't take the time to set up these precautions, and how you can protect your personal assets from harm, too.
You can find show notes and more information by clicking here: http://bit.ly/2hh6Wqg
Before answering your questions, I want to make sure you start 2017 on the right foot by talking about taxes. I share some of my top tax tips -- including last-minute charitable contributions and tax loss harvesting -- that you can implement to make the most of your taxes for this year. I also give you a rundown of an excellent recent article from the Wall Street Journal that backs up what I've been telling you for a while now: index funds are the way to go!
Then I dive into four listener questions. We talk about micro-financing other people and what kind of savings account you should open when you're looking to start a business of your own. I give some advice to an aspiring investor and author, and wrap up with a discussion about how to identify ways in which your business can grow so you can give yourself a promotion. I also have a free gift for you to make the busy holiday season a little more organized, so don't miss out!
You can find show notes and more information by clicking here: http://bit.ly/2g4EYj6
I get to be a fan-girl on this episode of the Profit Boss® Radio because of today's guest. It's not often that I have the opportunity to spend an hour with a three-time New York Times best-selling author who is a household name, and that's exactly who my guest is today. Dan Ariely is a world-famous economist who doesn't write about get-rich-quick schemes but has an amazing ability to generate massive interest in economics and irrationality. He is the co-creator of the Center for Advanced Hindsight, a popular two-time TEDx speaker, and creator of the documentary (Dis)Honesty - The Truth About Lies.
He talks directly to the Profit Boss® audience about why women struggle with money, why we continue to make financial mistakes, and what we can do to start building wealth like our male counterparts.
You can find show notes and more information by clicking here: http://bit.ly/2gkihVY
This week, I'm speaking with Cassie Crossley, podcaster and IT professional, about her own journey to financial security. Cassie's story is one of learning tough lessons, crafting a vision for the future, and maintaining the discipline to see it through. She's had plenty of obstacles -- two short marriages with financial troubles and lots of personal debt included -- but she hasn't let that stop her from achieving the monetary goals she set for herself.
Cassie and I talk about how she learned to budget the hard way, when her money troubles started, and how she has changed the way she approaches money management with her partners over the years. If you need some encouragement to create and stick to a plan for getting out of debt, don't miss this frank and heartening discussion with Cassie!
You can find show notes and more information by clicking here: http://bit.ly/2eUwL1S
Laura Roeder is the founder of MeetEdgar, a powerful piece of software that organizes your social media posts, re-uses them, and distributes them intelligently. Before MeetEdgar, she ran a super successful coaching business, and has packed countless lessons into her already awesome career. While we don’t usually focus on entrepreneurship on this show, Laura’s story and advice were too good to pass up.
We talk about how Laura got her businesses going (and thriving) at such an early age, and some of the core beliefs about money that got her there. Laura shares the key distinction between herself and her business that keeps them both healthy financially — which can be difficult to find as an entrepreneur. Finally, she discusses how she manages her booming cashflow and salary, and why being “nice” isn’t the key to success that you might expect.
You can find show notes and more information by clicking here: http://bit.ly/2eNVj7Z