Disrupt Your Money: Liberation through Financial Education for Marginalized Business Owners

In this episode of Disrupt Your Money, we're diving deep into our inherited money stories and how they shape our financial behaviors as adults and how scarcity and shame around money impacts our financial lives. 

And of course we're touching on systemic issues such as the racial wealth gap and the political manipulation of scarcity. But we're not leaving you hanging - we're also sharing actionable steps to identify and rewrite your inherited money scripts to create a healthier, more empowered financial mindset, to recognize that the opposite of scarcity is not wealth, but freedom and impact.

⏱️ In This Episode:

00:00 Recognizing Your Money Stories

01:03 Personal Story: The Impact of Money Scripts

01:58 Understanding Scarcity and Its Origins

04:06 Client Stories: Transforming Money Narratives

06:12 The Broader Impact of Scarcity

07:33 Rewriting Your Money Story

11:06 Building Wealth: Foundations and Beyond

13:25 Embracing the Power of Enough

🔗 Mentioned in This Episode:

👉 Wealth is Resistance Action Kit → https://equitablemoneyproject.com/kit

💬 Connect with Us:
🌐 Website → https://equitablemoneyproject.com
📸 Instagram → https://instagram.com/equitablemoneyproject
🎧 Podcast → https://equitablemoneyproject.com/podcast

🚀 Your Next Step:
Ready to make your money match your values? Download our free Wealth is Resistance Action Kit → https://equitablemoneyproject.com/kit

In this episode of Disrupt Your Money, we call BS on hustle culture—the toxic myth that being exhausted is somehow a badge of honor. Spoiler alert: it’s not. It’s capitalism doing what capitalism does best—keeping us too tired to question it.

Through real talk, personal stories, and a few spicy historical receipts, we break down why rest isn’t lazy—it’s revolutionary. You’ll learn how rest fuels wealth, power, and actual sustainability (not just another burnout cycle dressed up as “success”).

So grab your tea, cancel that guilt trip, and get ready to reclaim rest as your most underrated money move.

⏱️ In This Episode:
00:00 Introduction: The Stigma of Rest
01:37 The Current State of Exhaustion
03:12 Personal Struggles with Burnout
04:32 Rest as a Radical Wealth Strategy
07:01 The Privilege and Politics of Rest
08:59 Financial Clarity and Rest
13:14 The Cost of Burnout
16:08 Historical Perspective on Rest
19:21 Practical Steps to Incorporate Rest
21:31 Conclusion: Rest as a Strategic Move

🔗 Mentioned in This Episode:

👉 Wealth is Resistance Action Kit → https://equitablemoneyproject.com/kit

💬 Connect with Us:
🌐 Website → https://equitablemoneyproject.com
📸 Instagram → https://instagram.com/equitablemoneyproject
🎧 Podcast → https://equitablemoneyproject.com/podcast

🚀 Your Next Step:
Ready to make your money match your values? Download our free Wealth is Resistance Action Kit → https://equitablemoneyproject.com/kit

If you are a listener to the show, you know I love things that people usually do not love i.e. the IRS and taxes. If you are new to the show, please do not leave without listening to what I have to share. In this episode, I will be diving into the importance of filing Quarterly Taxes! You may have groaned but stay with me; this is important information for not just business owners but you too, W2 earner!

Join me as I discuss:

• Fines
• Penalties
• Sole Proprietorship
• Single Member LLC
• Multi Member LLC
• Flow through entity
• Tax Rates
• Safe harbor number
• CPA
• Return-free filing
• Inequitable tax laws
• Trump Tax Reform
• The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
• Submit Your Questions - DisruptYourMoney.com

Honorable Mentions

Underpayment of Estimated Tax by Individuals Penalty

The Advantages and Disadvantages of the Different Types of Business Entities

IRS provides tax inflation adjustments for tax year 2022

Elon Musk: My wealth ‘isn’t some deep mystery.’ My taxes are super simple

How Could We Improve the Federal Tax System?

How to Calculate & Pay Estimated Taxes

A U.S. Freelancer’s Handy Guide to Quarterly Taxes

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review: https://megkwheeler.com/podcast

Song Credit: Midnight Specials by Ash Nino

The title of this episode may be a little controversial but it is true nonetheless: I HATE QUICKBOOKS. But before I dive into why, like any great architect, author or makeup artist, any pro worth their salt is going to lay down a foundation. And that is what I do for my clients. I recommend they have the right foundational financial tools for their businesses. I think financial tools are powerful and sexy and I am hoping by the end of this episode, you feel the same way OR at the bare minimum, think of them as cute!

Join me as I discuss:

• Sustainable Business
• Business numbers
• Productivity
• Automations
• On-line banking
• Accounting systems
• Xero
• Wave Apps
• Reporting
• Bookkeeping
• Qoins
• Lendistry
• Goalsetter
• Breaux Capital
• Siss Capital
• MoCaFi
• One United
• Cash flow tracker
• Budget tracker

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review: https://megkwheeler.com/podcast

Song Credit: Midnight Specials by Ash Nino

There are not many things that can put fear in your heart like receiving a letter in the mail that has three little initials on the envelope: IRS. For my friends that do not live in the United States of America, the Internal Revenue Service (IRS) is the nation's tax collection agency that is responsible for collecting taxes and administers the Internal Revenue Code enacted by Congress. There are plenty of times when it feels like the IRS is out to get us. But are they really? In this episode, I am hoping to help you reframe how you think about the IRS. You may even begin to appreciate them!

Join me as I discuss:

• Taxes
• IRS Notice
• Payment Plans
• IRS.Gov
• Call to Action
• Calls from the IRS
• W2
• 10-99 NEC
• Side hustle
• IRS Myths
• IRS Audits

Honorable Mentions

Breathing Techniques for Stress Relief

Avoid scams: Know the facts on how the IRS contacts taxpayers

Independent Contractor (Self-Employed) or Employee?

For every extra dollar invested in the IRS, the government could be getting $6 back

IRS Audits Poorest Families at Five Times the Rate for Everyone Else

DYM Book Recommendation

The Whiteness of Wealth: How the Tax System Impoverishes Black Americans--And How We Can Fix It by Dorothy A. Brown

Find more book recommendations at the Disrupt Your Money Bookstore: https://bookshop.org/shop/megkwheeler.

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review: https://megkwheeler.com/podcast

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: https://megkwheeler.com/podcast

Song Credit: Midnight Specials by Ash Nino

The 2022 midterm elections were supposed to be a red wave, but really it was more of a trickle. In this post-midterm election recap, our Content and Community Manager Sarah, joins Meg to celebrate, commiserate, and even call Senator Elizabeth Warren. 

Join me as I discuss:

• Why elections matter- even at the city, town, and state level
• How elections impact your business and your taxes
• Why business owners need to take a side when it comes to politics in order to move important issues like equity and justice forward 
• Submit Your Questions - DisruptYourMoney.com
• Leave A Review- Apple Podcasts or wherever you listen 

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram- Equitable Collective

Instagram- Meg K. Wheeler

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino

If you’re not paying yourself from your business, it might just be a hobby. And that’s totally ok. BUT, if you want it to be a business, and I think you do, you need to pay yourself FIRST! In this episode, we’re talking about why it’s so important to pay yourself consistently and well. 

Join me as I discuss:

• Profit First Accounting
• Budget Tool >> Business Budget Tracker
• Why you have to pay yourself consistently if you want your business to succeed
• We Should All Be Millionaires by Rachel Rodgers 
• Bookshop.org (Affiliate Link- no extra cost to you, but we get a tiny commission!)
• Submit Your Questions - DisruptYourMoney.com
• Leave A Review- Apple Podcasts or wherever you listen 

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino

We’re getting technical today, but it’s for a good reason. S Corps or S Corporations are a hot topic among business owners, but they are not a “one size fits all” solution. Listen to this episode to find out exactly what an S Corp Election is, who it benefits, and what you need to do if you decide this is the right choice for your business. 

Join us as we discuss:

• What exactly an S Corp is (spoiler alert- it’s a tax entity NOT a legal entity)
• The steps you need to take to become an S Corp
• Wondering if you should elect to be an S Corp? Take this quiz- it will help guide you as you get more information. 
• Need help figuring out a reasonable compensation? We offer Reasonable Compensation Reports and you purchase one here. 
• Ready to set up payroll? We love Gusto! (affiliate link)
• Need to get your money stuff set up right? Join the Biz Money Library for Free- https://megkwheeler.com/free 
• Submit Your Questions - DisruptYourMoney.com
• Leave A Review- Apple Podcasts or wherever you listen 

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach and Founder of the Equitable Money Project. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram- Equitable Money Project

Instagram- Meg K. Wheeler

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino

Starting the 2nd season of Disrupt Your Money with something truly sexy- 2022 Tax Law Changes! Ok, ok- maybe they aren’t sexy but they ARE important. 

Join me as I discuss:

• The difference between tax credits and tax deductions
• What has happened to the child tax credit and charitable tax deductions since the pandemic “ended”
• Clean and Electric Vehicle (EV) Tax Credits- are they worth it? 
• Where are we on the Form 1099-K roll out? (Spoiler alert- it’s stalled, but you still need to report that income!)
• Need to get your money stuff set up right? Join the Biz Money Library for Free- https://megkwheeler.com/free 
• Submit Your Questions - DisruptYourMoney.com
• Leave A Review- Apple Podcasts or wherever you listen 

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram- Equitable Collective

Instagram- Meg K. Wheeler

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino

If you're thinking of starting a business or have just started one, you're probably overwhelmed by the million and one things you need to know. That's why the goal of this episode is to give you enough guidance to get some good systems in place without making things too complex. Listen up as we talk about how you can start your business and get the money stuff set up in a way that won't f*** it up.

Join us as we discuss:

• The tools you need to build and grow a long-lasting and financially-stable business
• Why having a biz money plan is crucial to your success
• What "treating your business like a real business" means
• Want to set up your accounting system? We recommend Wave Apps for newbies: https://www.waveapps.com/ 
• Ready to get a separate business bank account? We're big fans of Novo: https://equitablemoneyproject.com/novo (affiliate link) 
• Need to get your money stuff set up right? Join the Biz Money Library for Free- https://equitablemoneyproject.com/free 
• Submit Your Questions - DisruptYourMoney.com
• Leave A Review- Apple Podcasts or wherever you listen 

💰✊🏾💸✊🏽💵✊🏻

This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach and Founder of the Equitable Money Project. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

💰✊🏾💸✊🏽💵✊🏻

Connect with Meg across social:

Facebook

Instagram- Equitable Money Project

Instagram- Meg K. Wheeler

Pinterest

Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino