Seven Figures: Smart Money Strategies for Women with Sandy Waters

Today on the show: Can you easily explain what an IRA is? If you can’t, you’re not alone. We’ll break it down in “No Dumb Questions” with our CFP Erica Cummings from The Harmony Financial Wellness Group at RBC Wealth Management Our guest today has the most uplifting and positive way about her. Journalist, Speaker and Widow Warrior Kimberly Holmes-Iverson will share her story. How she found the strength to continue to heal emotionally as a young widow and the valuable financial lessons that she was forced to learn. Lessons she wants every woman to know. We end the show today like we always do, we’ll take “A Seat at the Kid’s Table.” Today we had parents ask their kids- What are you going to do with your very first paycheck? We’ll see what the kids say and what advice our money expert Susan Beacham founder of Money Savvy Generation has for parents. Thank you for listening to the show. I truly hope it is helping you. Feel free to reach out anytime [email protected] Cheers to each one of you who is on your way to being proud to say you are a financially confident woman! See omnystudio.com/policies/listener for privacy information.

Today on the show: We start with "No Dumb Questions" Our CFP Erica Cummings from The Harmony Financial Wellness Group at RBC Weatlh Management explains the right way to calculate your Net Worth and why it's so important to know your number. Our guest interview today is Salena Ozzimo, owner of Goods Galore. She is a fearless woman! Being a stay-at-home mom like her husband hope for didn't feel right to her. Salena knew she wanted to make her own money. So after exploring a few money making opportunities she (and her hubby) started their own business that grabbed the attention of A&E's Extreme Unboxing. There are plenty ways to make money, sometimes you just have to take the risks to find it. We finish the show with "A Seat at the Kid's Table" When it's time for your kid to get their very first car, who should pay for it? We'll see what the kids say and then we'll check in with our money expert Susan Beachman founder of Money Savvy Generation to get her take on it all. Cheers to each and every one of you who is proud to say you're on your way to being a financially confident woman! If you have a money question you want us to cover on the show feel free to reach out [email protected] See omnystudio.com/policies/listener for privacy information.

One thing that may be holding you back from feeling confident about your money is fear… and a little bit of embarrassment to speak up and admit that you don’t fully understand what's going on. This is YOUR money. You deserve to know what’s going on with it. That’s why we start the show with “No dumb questions.” Our CFP Erica Cummings from The Harmony Financial Group at RBC Wealth Management joins this part of the show. Today we explain why so many people are loving the ROTH 401K Top 3 Things to Know When Starting a Business Mona Ockenden founder of Mona Moon Naturals is our guest. Mona Ockenden, a wife and mother of 2 created a side business in early 2019 inspired by her sister’s breast cancer diagnosis. It became her full time gig in late 2019.  In its first year of operation, it shipped to over 26 US states, Canada, Germany and Japan and in now sold in 7 local boutiques.  Mona Moon Naturals’ lip balm is currently included in the Clean Beauty Kit subscription box that highlights all clean natural products created by woman owned businesses in the US. Talking about money with the kids can be tough sometimes so we end the show with "A Seat at The Kids Table" Susan Beacham the founder of Money Savvy Generation joins this part of the show. Today we talk about allowances. We'll find out what the kids say about getting an allowance and then Susan will give us her take on it. This podcast is for YOU. If there are any questions you have or even money success stories you'd like to share, feel free to reach out anytime [email protected] See omnystudio.com/policies/listener for privacy information.

Jill Schlesinger who is the CBS News Business Analyst and host of the Jill on Money podcast is on the radio morning show every Wednesday. It's such a great money conversation I thought it'd be worth sharing here with you. Our schedules have been turned upside down, we're not sure what day it is anymore. So... a freindly reminder the July tax deadline is coming up fast. Here's what you should know about filing, paying online (if you are one of the unfortunate people who have to pay) and contributing to your IRAs. Speaking of IRAs perfect time for a refresher course. Quick explination of Traditional and Roth IRAs. See omnystudio.com/policies/listener for privacy information.

We can all agree that the pandemic has taught us a lot. A lot about ourselves and about our personal financial situation and goals. What ARE the MOST important money takeaways from all of this? CFP Erica Cummings from the Harmony Financial Wellness Group at RBC Wealth Managment was on the radio morning show this morning. (During the pandemic we've been posting shorter, more frequent episodes to make sure you stay on top of your finances. Answering your questions and hopefully easing some of your money stress.) See omnystudio.com/policies/listener for privacy information.

Let's be honest, it's no real shocker when experts say having a cash reserve should be one of the top priorities for everyone. BUT, even as much as we hear people telling us that, not everyone activly and intentionally saves cash on the side for that personal financial setback. Let's have the pandemic be a "wake up call" for all of us. Ok, so how much money are we talking? CBS News Business Analyst and host of Jill on Money Jill Schlesinger breaks it down today. (during the pandemic we are sharing conversations from the radio morning show "Spezzano and Sandy") See omnystudio.com/policies/listener for privacy information.

Our goal during the pandemic is to make sure you are on top of what's going on financially and how it directly impacts you. Today on the radio morning show one of our "go to" CFPs Erica Cummings from The Harmony Financial Wellness Group at RBC Wealth Management was on to catch us up on the status of another stimulus bill "HEROES ACT" and if another check is coming your way. Plus, you may have heard rumblings of a "Explore America Tax Credit." According to Forbes and some other outlets, Americans can use this credit (possibly $4,000) for domestic travel, including visits to restaurants. Is that a REAL possibility? And because I'm a "list" girl and love reminders, we'll run through some important dates for you. See omnystudio.com/policies/listener for privacy information.

Every Wednesday CBS News Analyst is on the radio morning show with us "Spezzano and Sandy." She's fantastic so I want to make sure I share our conversation with you just in case you missed it. (If you don't live in Rochester, you can always listen on the RADIO.COM app search 98.9 The Buzz) Today, we chat about consumer spending, specifically the retail sales numbers. Are the numbers a good sign for the economy? Any questions YOU have feel free to reach out [email protected] Hope these episodes are helping you :) See omnystudio.com/policies/listener for privacy information.

The money we're spending at the grocery store is pretty alarming, especially seeing the prices on meat products spike these past few months. It's something we've been dealing with the past few months and unfortunatley we'll have to continue paying more for certain items for quite some time. But are there tips to save money? Of course there are! CFP Erica Cummings is on the show again to give you some easy ways to save money on groceries. Plus, we talk summer school. This is the perfect opportunity to continue the homeschooling (because you've been enjoying it so much I'm sure) teaching your kids valuable money lessons. We'll give you an easy lesson and way to teach the kids. We truly hope these spidoes are helping you. If you have any questions just reach out [email protected] Plus, for those of you who just paid off a bill, we'd love to have you on the air with us. We'll help you celebrate! See omnystudio.com/policies/listener for privacy information.

CBS News Business Analyst Jill Schlesinger is on the radio morning show "Spezzano and Sandy" every Wednesday. Today we asked Jill the question a lot of you are wondering about, will there be another stimulus check? The economic data shows we’re actually doing better than what experts anticipated. Adding 2.5 million jobs in May, that was more than they thought it would be. So does this "good news" mean the idea of another check is off the table? See omnystudio.com/policies/listener for privacy information.