Seven Figures: Smart Money Strategies for Women with Sandy Waters

When you have the weight of debt hanging over your head it's hard to think about anything else. It effects your relationship with your partner, with your kids even with relationships at work. Today's guest is on a mission to help people, who are struggling with debt find their light at the end of what seems to be the never ending tunnel. Rob Giumarra, a single dad of 3 boys was in $200,000 of debt just 4 years ago. Today, he proudly says he is almost completely debt free. He does admit, it did take a lot to put aside his ego and file for bankruptcy. But since then, he has readjusted his mindset about money and his budget. I truly hope this episode inspires you to keep yourself on track and focused on achieving that amazing feeling of being financially confident! If you need any help along the way feel free to always reach out. [email protected] See omnystudio.com/policies/listener for privacy information.

The business Cyndi Weis created Breathe, was intended to be a hobby after her daughters moved away. 17 years later, it has now grown into a tremendously successful franchise with 7 locations throughout Rochester and Syracuse. Cyndi is one of those people who makes you feel like you've been friends forever. Her warm, calming, inviting personality is probably the reason why so many of her clients adore her. When I met her for the first time I remember thinking “I need a little more Cyndi in my life.” She has achieved great success in her lifetime. Both in her career and with her family, raising 2 daughters who now help her grow the business. So today, we are all getting a little dose of Cyndi in our life. Cyndi, and her daughters Carly and Abby join the conversation this week. Cheers to being financially confident women! See omnystudio.com/policies/listener for privacy information.

You stumbled on this podcast because you want to be more engaged with your finances. You want to feel at ease knowing that you will be able to retire comfortably. If you’re a little behind on saving for the future, that’s ok you are definitely not alone. And it’s not too late to start.  Each month CFP VP at Morgan Stanley Eric Cummings joins the conversation and gives us some clarity on various financial topics. The focus this month, is all about saving. So, if you’re in your late 30s, 40s or even 50s and haven’t started saving the money you wish you had, Erica will tell you exactly what you need to do to catch up. The goal this year is to help you make strides in your finances. Get you to the point where you have a good understanding of where you stand and what the plan is. It will feel amazing when you can confidently say “I am a financially confident woman” See omnystudio.com/policies/listener for privacy information.

How uncomfortable do you feel when someone starts casually talking about money with you? A lot of women would rather talk about anything else but money. They would rather talk about their weight, their relationship, sex, even politics before they talk about their personal finance. Let’s push ourselves out of our comfort zone and start the conversation because it’s good to talk about money. Especially with other women, fellow moms. We can learn a lot from each other. Our guest today, is a big believer in this. Financial editor for NBC's Today Show, Founder and CEO of HerMoney media, author of several books including the one that just hit the shelves Women with Money: The Judgment-Free Guide to Creating the Joyful, Less Stressed, Purposeful (and Yes Rich) Life You DeserveJean Chatsky joins the conversation. We of course chat a lot about her book, and why it’s one of the most personal books she has written. Jean expresses the importance of understanding your money story, she gives us advice about dealing with the money guilt many of us can relate to and how to ask for the pay we deserve. This is such a great conversation, we hope you enjoy it as much as we did. Cheers to being financially confident women! See omnystudio.com/policies/listener for privacy information.

Retired Bankruptcy Court Judge and founder of Credit Abuse Resistance Education (CARE) John Ninfo joins the conversation this week. As a bankruptcy judge who sat on the bench for two decades you can imagine the stories he has to tell. One of the biggest takeaways from his long career is it’s not how much money you have, it’s how you manage it. He saw countless people who had plenty of money but allowed debt to get the best of them and ultimately ruin their lives. The credit industry is set up to encourage you to fail. That’s why it is so important to be aware of what’s going on with your finances. “It’s not about your academic IQ, it’s about your Financial IQ and the two are not the same” After retirement, Judge Ninfo created CARE a program designed to help encourage financial education specifically for the younger generation. As a parent, like many of you, I am always looking for opportunities to teach my kids valuable money lessons. Sitting down listening to this podcast episode together might be one of those opportunities. See omnystudio.com/policies/listener for privacy information.

Chances are you have made at least one money decision that you regret and that’s ok, because we all have been there. Even the super smart people make some pretty dumb financial mistakes. With each mistake we make, we acknowledge it, learn from it and move on vowing never to do it again Today, CBS News Business Analyst, Host of the Jill on Money radio show and podcast and author of the new book “The Dumb Things Smart People Do With Their Money: 13 ways to Right Your Financial Wrongs” Jill Schlesinger joins the conversation. Many lovingly refer to her as Aunt Jill. She is our fun aunt who tells it like it is! Jill exposes some of the big money mistakes a lot of people make when it comes to life insurance, deciding between Whole and Term insurance. Paying for college, the gut wrenching mistake most parents and grandparents are making. And when it comes to hiring a financial professional the one question you need to ask to make sure they are qualified to deserve your business. Get ready to learn a ton in this episode with one of my favorite financially confident women Jill Schlesinger. To learn more about Jill and her new book: https://www.jillonmoney.com See omnystudio.com/policies/listener for privacy information.

A, survey by Northwestern Mutual found that money was the biggest cause of stress for nearly half of Americans. No surprise that a good amount of Americans admit that their debt has had a negative impact on their lives. It’s the major contributing factor to sleepless nights, depression, anxiety and some studies even make the connection to an increased number of migraines. Lack of money causes stress and it’s been proven that a great amount of stress holds you back from making money. So, let’s break you from this cycle. Balanced Life Health Coaching Lori Nolan joins the conversation this week. Helping us manage our stress. She teaches us how to calm our minds when it’s racing before bed, how to be mindful of the “circle of life,” and the importance of having “space” in our lives. Cheers to being a financially confident woman! Learn more about Balanced Life Health Coaching: https://www.balancedlife.life/ The Northwest Survey: https://news.northwesternmutual.com/planning-and-progress-2018 See omnystudio.com/policies/listener for privacy information.