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

This episode originally aired on Profit Boss Radio Podcast, How to Buy Your Dream House in 28 Days in a Sellers Market Without Multiple Offers, 5/2/17

Welcome to episode 141 of Profit Boss® Radio! Over the last few episodes, we have been talking a lot about building your wealth. For many of you owning your own home will be a critical part of your wealth building journey. Also, investing is integral to building your wealth as well.

This episode is occurring not long after the April 15th tax deadline. So, I am taking a moment to talk about contributing to tax-deferred investment accounts and how it can help put you in a better position come tax season next year.

There are many shows on TV where they make home buying seem like such an easy-breezy experience. You select three homes and pick the one you like the best and then you move in. They do not show the behind the scenes process. In reality, there are many moving parts to navigate the real estate world, and I share some insightful tips in this episode.

Tune in to this week’s episode as I share how to qualify for mortgages, how to write and strategize your offer to stand out in a competitive situation, and so much more! I also reveal my own crazy whirlwind home buying journey that I believe provides excellent advice and encouragement to anyone preparing for their own real estate journey.

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

• The importance of investing in tax-deferred accounts
• What are the yearly IRA contribution limits and deductions
• My personal home buying journey
• Understanding the up-to-date regulations in the home buying process
• How to understand the mortgage process from beginning to end
• Why mortgage debt is not bad debt

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/buy-dream-house/

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 140 of Profit Boss® Radio! In this week’s episode, we are talking about the power of the 7 Steps to Wealth framework. We also share powerful client win stories and learn through other women's stories about how they achieved financial success.

The stories we share in today's episode are women who have walked this journey and manifested meaningful changes to their financial life. You're invited to walk through the 7 steps yourself or create a mastermind with other women.

How long has money been a thorn in your side? How long have you been putting up with the fact that money is an area of your life that doesn’t work the way you’d like it to? Right now, today can be your time to take the action that makes the difference!

Vision is a powerful compass--so what is your vision? What would your life be like if you could finally stop worrying about money? What would you experience instead? I bet it would be confidence, peace of mind, clarity, abundance, and even more inspiring things.

Tune in to today’s episode to hear what like-minded women have overcome and accomplished so you can start applying these tips and tactics to your finances.

The $50K Wealth Multiplier Experience applications are now LIVE! The 2019 $50K Wealth Multiplier is open to just ten women, so make sure to register as soon as possible. There is an investment and commitment to be apart of this year’s cohort. Jen and I will be spending a massive amount of our time, intellectual capital, and resources to launch participants on their financial journeys to discover their full wealth potential.  If you are interested in more accountability, coaching, 1-on-1 work and more make sure to apply now!

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

• What would your life could look like if your was free from financial constraints.
• Why smart and hardworking people fail to produce the financial results they want.
• How you can impact your mindset and behaviors at the same time.
• Learn the first step of building wealth Decide and how $50K participant Sarah made the decision to be wealthy and achieved a wealth multiplier of $163,187.
• Learn the second step of building wealth Plan and how Layla implemented a plan for her finances and achieved a wealth multiplier of $232,183.
• Learn the third step of building wealth Speak and how Danika overcome the obstacles that prevented her from reaching financial success and started to speak her new future.

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/7-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.

Welcome to episode 139 of Profit Boss® Radio! In this week’s episode, we talk about ways to increase your wealth instantly. This is not a get rich quick scheme! I am talking about real, practical, and actionable ways to increase your wealth instantly.

One AMAZING way to increase your wealth is to apply for the $50K Wealth Multiplier Experience today! Applications are now LIVE! The system I will be sharing in today’s episode is a core part of this valuable program. The $50K Wealth Multiplier is open to only ten women, so make sure to register as soon as possible.

One of the biggest reasons I decided to start this program is that there have been many times I have heard people say, “Just tell me what to do.” So, that is exactly what I will be doing in this program. Tune in to today's episode to get an inside look at how to increase your wealth instantly.

Also joining me in today’s episode is Jen, who is a valuable part of my team and who happens to be the Cash Flow and Automation coach in the $50K Wealth Multiplier Experience. Not sure what that is? I will share exactly what this means later in this episode.

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

• The impressive net worth increase of last years’ $50k Wealth Multiplier Experience participants
• The importance of having a system in place for your finances
• How to discover your wealth trajectory
• Tried and true ways to increase your net worth
• What the Profit Boss® Automation System is and why it's different
• The steps you can take right now to implement the Profit Boss® Automation System
• What you can expect as a participant of the $50K Wealth Multiplier Mastermind

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/increase-your-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 138 of Profit Boss® Radio! In this week’s episode, I had the opportunity to sit down with Sigrun. Sigrun is an incredible and very profitable business coach. In this episode, we discuss how women can establish and run highly profitable businesses!

I’m sure it’s no surprise to you that more and more women are turning to entrepreneurship to create a lifestyle and a career they love. In fact, the number of women-owned businesses increased by 58% in the last twelve years! Therefore, if you have been contemplating launching a business, or if you’d just like the mindset secrets to take the lid off of your existing profits, this is the episode for you. Let's jump in and hear from Mastermind Business Coach Sigrun as she takes us behind the scenes and teaches us how to launch a scalable 7-figure business.

Here’s what you’ll learn in this week’s episode of Profit Boss® Radio 

• What makes Sigrun so different from other business coaches
• How to apply your experiences and existing skills to your business
• How having a “Whatever It Takes” attitude can be very helpful in business
• The importance of having an expansive money mindset
• How being confident in yourself can help open doors that were previously closed
• One of the differences between men and women when it comes to risk

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/launch-7-figure-business/

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 137 of Profit Boss® Radio! In this episode, we are discussing the FIRE movement with Tanja Hester. The word FIRE is an acronym for Financial Independence, Retire Early. There are plenty of reasons why people want to leave the workforce and retire early, but how much do you need to have saved up in your nest egg to make that a reality? That is just one of the important questions Tanja and I cover in today’s show.

You won’t want to miss this week’s show where Tanja talks about how she and her husband were able to retire at the age of 38 and what steps they took to make that possible. Take a deep dive into Tanja’s journey toward financial independence and early retirement. If you have been wanting to understand and learn more about the FIRE movement, and how you can accomplish this for your life this episode is for you. Thank you to Tanja Hester for joining me today to help shed light on how anyone can make this possible in their own life.

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/financial-independence-retire-early/

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 136 of Profit Boss® Radio! Today’s episode features your questions. Thank you for sharing your personal finance questions with me so I can answer them offline with you or through the show. Please keep them coming.

This week’s show includes questions about what should you do first when paying off student loan debt, creating an emergency account or curveball account, and how to help your financial partner pay off his or her student loans before accomplishing other financial goals. Also, I share the cities that actually pay you to move.

If you have been wondering about how to best prioritize your finances, this episode covers the gamut of financial priorities. Thank you to Jenni, Katie, Marisa, Nellie, Nikki, and Meghan and everyone else that sends me questions.

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

• Common pitfalls of buying real estate with your significant other before marriage
• How to handle student loan debt
• What the Robinhood app is and why you should tread carefully
• How to know if you should start a high-yield savings account or pay off student loan debt first
• What the magic number is when planning a wedding and how to not overspend
• How to prioritize your finances after starting a new career or securing a new job

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/prioritize-finances-ask-hilary/

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 Profit Boss® Radio. Today, we are having a very valuable conversation with Dr. Brad Klontz, CFP® warning us about three very costly financial disorders.

All of us hold certain beliefs and biases about money that impact how we behave with our money. Sometimes our money beliefs are obvious to us but in many instances, these money beliefs can be a subconscious force driving our financial decisions without us even realizing it.

This episode is a full statement on the psychology of money and how the way our brains think about money can, and does, manifest our financial reality.

Where does our thinking go wrong that can get us in trouble financially? If you have ever wondered why you think and feel a certain way about your finances, or want to better understand how your personal beliefs may be holding you back from reaching your financial potential, be sure to tune in to this week’s episode!

• How your subconscious beliefs can sabotage your relationship and reality with money
• The difference between money and wealth
• Which money beliefs lead to a devastating impact on your financial life
• Why it’s so easy to get stuck in self-defeating money beliefs
• How poorly the human mind makes financial decisions and why
• Ways you can override the emotional pull to do finances wrong in order to do it right

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/financial-disorders-brad-klontz/

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 134 of Profit Boss Radio. Today’s show covers a more serious and somber topic about financial recovery after the loss of a spouse. While none of us wants to imagine life without our partner, it is a possibility for all of at some point in our lives, especially as we age.

Therefore, please join me as I have this serious conversation with my guest Kathleen M. Rehl, Ph.D., CFP®, CeFT® , widow and author of the multi-award-winning book, Moving Forward on Your Own: A Financial Guidebook for Widows. Kathleen shares her personal journey after the loss of her husband and how she now lifts other women to navigate through the foggy and complex financial reality that often awaits widows and on the other side of loss.

Hear about ways you can prepare your finances preemptively in the event of loss and the most common financial missteps to avoid immediately following a spouses death.

• Kathleen’s personal story about personal loss and tremendous grief
• The average age of a wife who becomes a widow
• The three stages of grief: grief, growth, grace
• Financial planning steps you can take now to set yourself up for success no matter what the future holds
• What widows can do when surviving family members try to come in and control finances after the loss of a spouse
• What’s possible in the phase of “growth”and what financial matters are often addressed in this phase
• Kathleen’s story of grace and how she entered a new life after her husband’s death

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/widows-wealth-recover-financially/

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 133 of Profit Boss® Radio! In this week’s Part 2 episode of Negotiating for More, we are talking with Rhonda Moret about the subtle things you can do that can make the difference between getting what you want and possibly being shown the door.

Rhonda tells us how body language can help (or hurt) us from getting what we want, as well as the value of “matching and mirroring” and so much more! This is a can’t-miss episode that offers even more actionable communication tips and techniques that can help all of us successfully negotiate for more.

Are you negotiating from a place of power? If you haven’t been, then don’t miss this week’s show. After all, there are opportunities all around us to ask for more. So, let’s get it, ladies!

• Ways to rethink about negotiating as part of your everyday life, not just during moments of monetary transactions.
• Why body language is so critical for successful negotiating.
• How a seemingly simple handshake can make or break a negotiation before it even starts.
• What the strategy of “mirroring” is, how it works in business negotiations, and why it matters in most any situation.
• What “micro-expressions” are and what you can deduce from the other person based on their facial cues.
• How Hilary uses micro-expressions in her own client relationships and what she has come to learn over time with how best to use these perceptive insights.

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/get-more-money/

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 132 of Profit Boss® Radio! In this week’s episode, I sit down with special guest Dia Bondi to talk about how women can identify what is they really want and then effectively communicate that in Part 1 of this two-part series on how women can ask for more.

Do you know what it is to really want? Whether you call it negotiations, making powerful requests, or just earning your worth, it’s a critical part of your financial life and a critical skill to master. In fact, it’s one of the 7 steps to wealth, which is the framework for this podcast and my $50K Wealth Multiplier coaching program is grounded in.

You’ve got to be able to ask for what you want and need to create a life you love and create the wealth that sustains it. Let’s have this important conversation with Dia Bondi.

• What it means to ask like an auctioneer
• Why you go for the “no” instead of “yes” and what that can mean for your financial reality
• How to have the courage to step outside of your comfort zone to ask for one more dollar
• How to know where to start your negotiations
• The few things that women need to clarify before they begin negotiations
• What the biggest stumbling blocks are that get in the way of women getting what they want

For more details, please visit the show notes on our website here: https://www.hilaryhendershott.com/negotiating-for-more-1/

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.