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

Welcome to episode 210 of Love, your Money! In this episode, I’m joined by Sheena Yap Chan to discuss how to infuse your personal and professional life with self-confidence.

Sheena Yap Chan is a Wall Street Journal Bestselling author, speaker and podcaster on the topic of leadership and self-confidence. She is the host of the award winning podcast The Tao of Self-Confidence (1M+ downloads) where she interviews Asian women about their inner journey to self confidence.

Today, we’re talking about her bestselling book, The Tao of Self-Confidence: A Guide to Moving Beyond Trauma and Awakening the Leader Within. You’ll hear about the unfortunate stereotypes Asian women face, how to build self-confidence, and action steps for women who want to do it all but feel overwhelmed.

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

• The story behind “The Tao of Self-Confidence”
• The leadership challenges Asian women face
• Finding cultural pride instead of embarrassment
• Stereotypes and barriers in professional settings
• How history plays into stereotypes
• Battling discomfort when promoting yourself
• An argument for ditching the word “minority”The value in asking for help as a woman
   

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/sheena-yap-chan/

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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 Love, your Money, I'm breaking down The Profit Pyramid -- a proprietary framework you can use to consistently increase your wealth.

From a financial perspective, profit is the difference between revenue and costs. But in your personal life, profit is the difference between stress and success. Or the difference between financial freedom and falling short of your dreams.

In today's episode, you'll hear how to apply The Profit Pyramid to boost your growth and wealth. You'll also learn to create personalized metrics for tracking your success and how to become an accountability expert.

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

• Business profits and personal profits
• Successful CEOs vs. stressful CEOs
• How to measure successes and shortfalls
• Using a check-in routine to fulfill your vision
• A critical but overlooked CEO skillset
• An overview of The Profit Pyramid 
  
  

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/

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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 208 of Love, your Money! In this episode, we’re diving into The 7-Steps to Wealth, my guide for helping you build a financially healthy life.

There’s no secret to financial success — but there is a blueprint. Anyone who learns, internalizes, and implements all of the 7 Steps can achieve their financial goals and earn their personal and financial freedom.

In this episode, you’ll learn about the importance of reframing your deep-rooted beliefs about money, how to speak about money in a healthy and empowering way, and why common misconceptions about investing are holding you back from financial freedom.

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

• The promise of The 7 Steps to Wealth
• Deciding to be rich
• Financial health vs. social approval
• Evaluating your money operating system®
• Automating your cash flow 
• The societal myth about over-spenders
• What you should stop saying about money
• Expanding your financial possibilities by asking
• Reframing your view of earning money
• How the rich got rich
• The truth about the stock market
• How to protect your wealth

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/7-steps-to-wealth

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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 back to the podcast! This episode marks the beginning of something new. I’m relaunching the show under a different name – Love, your Money.

If you’re a past listener of the podcast, THANK YOU 🙏 Thank you for sticking with me over the years, even after I took a long pause. We’ll get into why during today’s episode…

But for now, just know that I’m back and I’m here to help you navigate and succeed in the world of personal finance – which is often made WAY more complicated than it needs to be.

Money doesn’t have to be talked about in the language of Wall Street! Let me be your financial translator. I’m going to talk to you like a real human and share easy to understand concepts, ideas, and strategies that you can actually implement to gain control of your money and your mindset.

While this show was built specifically to empower women with financial know-how, the content can help anyone master their money and achieve true financial freedom.

If you want to improve your relationship with money, better understand investing, and even create more profits in your business, this show is your roadmap for getting there. No matter who you are, if you've got money questions, Love, your Money is the show that’ll answer them.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/welcome-to-love-your-money

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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 206 of Profit Boss® Radio! In this classic episode from the archives, we’re talking about how to stop struggling with chronic debt–no matter how insurmountable it might seem.

So many of us struggle with managing debt. Our homes, lives, and budgets can feel totally out of control. To all the moms out there, I know how easy it is to get caught up in all the things that need to get done every day and not even realize that we’re allowing massive deficits to pile up. Financial security suddenly feels out of reach to the point where you just want to snap your fingers and wish it all away.

This exact scenario played out for today’s guest, Lauren Greutman. Lauren is a consumer savings expert, author, and spokeswoman who works to help busy moms create financial freedom for their families.

She’s been featured on the Today Show, the Rachael Ray Show, Nightline, Good Morning America, Fox & Friends, and WNBC. She’s also the author of The Recovering Spender and Insufficient Funds: One Woman’s Journey Out of Debt and Into Financial Freedom.

If you’re ready to finally get your head above water, put your money problems in the rearview, and stop letting your credit cards control your life, you’re going to love this episode.

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

• Discover how Lauren and her husband, Mark, finally acknowledged the reality of being $40,000 in debt and what steps they took to turn it all around.
• Lauren shares how she and her husband slashed their grocery bill — they went from spending $1,000 a month to just $250 (and she fed her family on $50/week for 2 years!)
• What a comprehensive budget is and why it should change every month.
• Why Lauren’s book, written to a spender, from a spender, is unique in the financial book world.
• Lauren’s top tips to live a happy, fulfilled and debt-free life.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/lauren-greutman-recover-from-being-an-overspender

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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.

When we grow up around wealthy people who aren’t happy, it can be extremely difficult for us to care about money at all until it’s too late. Once that happens, it can put us at a significant disadvantage as we struggle to find fulfillment in our lives later on.

Today’s guest, Kimberly Ann Johnson, learned this the hard way. She’s a bodyworker, somatic experiencing practitioner, yoga teacher, postpartum advocate, and a single mom. She does hands-on work in integrative women’s health and trauma recovery and has written about her experiences in her books, Call of the Wild: How We Heal Trauma, Awaken Our Own Power, and Use It For Good and The Fourth Trimester. On top of all of that, she’s also the host of the Sex Birth Trauma podcast. 

Rejecting money and capitalism altogether may feel like a radical stance early in life, but it rarely gives us the power to live happily on our own terms. And today, we’ll be talking about how to live a financial life that’s courageous, effective, and in alignment with your views and goals.

In this conversation, we talk about how rare it is for adults to change their minds about anything, let alone money, and how Kimberly came to some crucial conclusions on her own. You’ll also hear about my Ignite Investing® program, which you can learn more about at igniteinvesting.com.

If you’re ready to embrace new perspectives, heal from trauma, let go and get closer to becoming your true self, I know you’ll enjoy this episode.

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

• How Kimberly’s business is currently structured to pay her.
• Why money and sex both require women to deal with shame, shadow material, and intergenerational behavioral patterns.
• How trying to resist forces, including capitalism, keeps women stuck and disempowered–and how to embrace spending money without obsessing over material things.
• The incredible things that happen when generational financial dependency ends.
• How to rethink your relationship with money, do good, and help people along the way.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/kimberly-ann-johnson-resolving-childhood-money-resentments

Follow Hilary on:

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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 204 of Profit Boss® Radio! It goes without saying that most small business owners don’t love their numbers. To make matters worse, they often struggle to decode exactly what their numbers are telling them. This disconnect can make it hard to know what should be on your calendar next week, next month, and next quarter to drive more profits!

In this classic episode from the Profit Boss® Radio archives, I’m joined by Danielle Hayden. She’s the CEO and Founder of Kickstart Accounting and host of the Entrepreneur Money Stories Podcast. After 10 years working as a CFO, she realized that her passion was to help women entrepreneurs do something unexpected. Now, she’s laser-focused on guiding them to understand their finances to grow their businesses and become more profitable. 

In this conversation, Danielle and I discuss how business owners can make sense of their books to grow smarter, not harder. You’ll learn why entrepreneurs need more than a bookkeeper to create the sustainable wealth they deserve–and how to get the financial analysis and education you need to build a business and live life on your terms. 

If you’re ready to take a deep dive into your finances and make sense of your books once and for all, today’s episode is for you! 

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

• Secrets to effective money management for service based AND product based businesses.
• The reason why women constantly struggle to pay themselves from their businesses.
• The important connection between understanding your financial numbers and achieving profitable growth.
• How to evaluate financial underperformance and determine if it’s time to reevaluate a business model.
• Why you should not be emotionally attached to an unsuccessful business and how doing so can be financially devastating.
• The PGAs (formerly known as KPIs) I use to understand where to focus my energy and make sure my online service business is growing.
• What business owners should be paying themselves, and how payouts should work.
• Why you should have custom tools to measure the financial health of your business.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/danielle-hayden-secrets-to-understanding-your-books

Follow Hilary on:

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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 203 of Profit Boss® Radio! In this episode, we're talking about how to use a powerful and proven methodology to drive profits. And I'm thrilled to have Mike Michalowicz joining me today to share his insights on how to transform your business into a money-making machine.

Mike is a bestselling author, a serial entrepreneur, and the creator of the Profit First system, which teaches business owners why profit should always come before expenses. And in September 2021, he released Get Different, providing entrepreneurs with the tools to stand out in any market.

The Profit First system is used by hundreds of thousands of companies across the globe, including my own. With so many entrepreneurs struggling to pay themselves, Profit First provides a scalable, sustainable way to build a life and a company–and embracing this methodology can change your life. As a Profit First certified coach, I'm proud to say that we teach Profit First as a part of our coaching program.

If you're ready to equip yourself with the tools to transform how you build your business and generate more profit, you're going to love this conversation.

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

• How losing everything he had as he failed to launch 10 companies simultaneously inspired the Profit First system.
• Why you don’t need to be able to read a cash flow or income statement to utilize Profit First.
• The difference between leveraged debt and ignorant debt.
• Why almost every business owner spends at the exact same rate as they earn–and how to reduce your operating expenses without compromising your business.
• How you can use the Profit First system to quickly get a sense of what your accounts should look like and how to roll it out.
• How you can use the DAD (Differentiate-Attractive-Direct) framework to differentiate yourself and stand out in any market.
• What happened to Mike when his first book, The Toilet Paper Entrepreneur, flopped–and the unconventional strategy he used to take it from zero to 100,000 copies sold.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET.

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/mike-michalowicz-profit-first

Follow Hilary on:

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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 202 of Profit Boss® Radio! Today, I'm sharing another timeless episode from the Profit Boss® Radio archives with one of my most popular and commented-on episodes ever. I had the privilege of speaking with world-renowned economist and author Dan Ariely. Dan is a Professor of Psychology and Behavioral Economics at Duke University. He's a three-time New York Times bestselling author, the co-creator of the Center for Advanced Hindsight, a two-time TEDx speaker, and the creator of a documentary called (Dis)Honesty - The Truth About Lies.

Among the many great insights that Dan shared in this episode, you'll learn about the psychology behind why good people with good intentions–and how women in particular–make the same financial mistakes over and over again.

We'll also discuss the surprising reasons why money problems might not be your fault, how social norms and new technology encourage us to spend more and think less, and what you can do to build more wealth and make better financial decisions. Are you ready, Profit Boss®?

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

• What stops people from thinking rationally about money and what they can do to maximize GOOD decisions.
• Dan’s theories about what makes women financially challenged.
• Social norms for women that may impact their lack of involvement in the stock market.
• The role behavior modification can play in powerfully addressing the looming retirement crisis.
• How something as arbitrary as our Social Security number convinces us to pay a premium for something, whether it’s a book or a share of a stock.
• The things in the world designed to make it hard to think about money, including mortgages, interest rates, savings, and pleasure.
• Why no one is immune to making irrational financial decisions.
• Why investing and wealth-building isn’t normalized for women.
• Why so many professional athletes go broke within four years while failing to improve their quality of life–and what this can tell us about our own spending.
• The key questions to ask yourself as you make big (and small) financial
• Why Dan’s newest book, Payoff: The Hidden Logic That Shapes our Motivations is a valuable resource for parents, employers and everyone looking to motivate themselves or other people.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET.

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/dan-ariely-money-mistakes-motivation

Follow Hilary on:

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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.

In this conversation, you'll learn how Cathy opened doors for herself when things got tough, transformed her life and profession to get paid doing what she loved, and how the hard lessons taught her to truly empower herself and others.

If you're ready to make a change, share your gifts, turn your passion into money and live life on your terms, today's episode is for you! 

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

• Cathy’s financial transformation from starving musician to successful music maven!
• How to get paid doing what you love.
• Choosing to see new opportunities, just like Cathy did when she needed a new way to make money songwriting.
• The scrappy move that set Cathy apart from the rest.
• The creative ways Cathy expanded into other revenue streams using her music talent.
• Learn all about managing employees and setting boundaries.
• Advice to fight back against self-doubt.
• How Cathy overcame her money resistance and self-sabotage.
• How kindness, authentic relationships, and self-worth play a role in achieving success.

Sign Up For Hilary’s Masterclass

Make 2022 Your Most Profitable Year Yet by joining Hilary as she hosts a FREE online Masterclass each day from February 22nd to February 25th at 11AM PT/2PM ET. 

Save your seat today by visiting Make 2022 Your Most Profitable Year Yet.

Show Notes

To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/cathy-heller-hard-business-lessons-lead-to-success

Follow Hilary on:

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Subscribe to Profit Boss® Radio

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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.