Small Business Big Money

176. Gifts in Grief: Inheriting Money & Dealing With Death As An Only Child with Cara Kovacs


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Episode Synopsis: 

In this episode, Gina Knox interviews Cara Kovacs, a feminist business mentor, about her journey to wealth building and the challenges she faced after her father's passing. Cara shares her experience with a financial advisor who mismanaged her money and her decision to take control of her finances. She also discusses the process of dealing with her father's hoarded belongings and the unexpected and humorous discoveries she made. The conversation highlights the importance of understanding personal finances and the administrative work involved after a loved one's death. In this conversation, Cara shares her experience of grieving the loss of her father and the challenges she faced in handling his financial affairs. They discuss the emotional rollercoaster of grief, the need for self-compassion, and the importance of finding the lessons and growth in difficult experiences. They also touch on the desensitization to money and the arbitrary indicators of success in business. The conversation ends with a lighthearted discussion about Cara's father's unconventional will and their shared laughter.

Timestamps:

00:00 - Introduction and Background
02:25 - Motivation for Working on Wealth Building
04:12 - Challenges with Financial Advisors
12:58 - Dealing with Personal Loss
15:31 - Arriving and Discovering Hoarded Belongings
21:14 - Humorous Discoveries and Anecdotes
26:06 - Grief and Administrative Work
27:48 - Navigating the Emotional Rollercoaster of Grief
32:06 - Finding Growth and Self-Discovery in Grief
37:04 - Desensitization to Money: Viewing Assets vs. Personal Worth
39:33 - Redefining Success: Moving Beyond External Indicators
43:08 - The Quirks and Humor of Unconventional Wills

 
About Cara Kovacs

Cara Kovacs is a Business Mentor for feminist progressive, heart-led service providers. Named as one of Wanderlust’s 35 Under 35 to Watch in Wellness, she has sold over $1,000,000 in coaching packages since 2018. With a background in feminist theory and social work, she graduated Magna Cum Laude from the University of Florida with a degree in Women’s Studies, where she did research on social justice and intersectionality before attending New York University’s Silver School of Social Work.

Dual certified as a coach, she specializes in bringing trauma-informed, ethics-based approaches to heal the toxic-capitalism, white supremacist BS that happens far too often in the coaching industry.

When she asked her clients what word they would use to describe the style of her work they replied with “Honest.” She takes business building, entrepreneurship, and online marketing and blends it with a humanizing approach that helps the anticapitalist, radical, progressive business owners out there heal their resistance to selling and scaling their services.

 

Where to find Cara:

Website: www.carakovacs.com 
Instagram: www.instagram.com/carakovacscoaching 

 

Category: Wealth

 

Keywords: wealth building, financial advisor, personal finances, administrative work, hoarding, grief, grief, self-compassion, growth, desensitization to money, indicators of success, unconventional will

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Small Business Big MoneyBy Financial Coach for Entrepreneurs, Gina Knox

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