Work Your Wealth Podcast

I'M IN THE MARKET FOR A NEW JOB. WHAT DO I CONSIDER BEFORE SAYING "YES" TO AN OFFER?

DO I REALLY NEED LIFE INSURANCE?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• What to look for in a job offer beyond the salary.
• Where to find extra money offered by a potential employer.
• Why getting the company benefits booklet up front can save you from a costly mistake.
• Who does and doesn't need life insurance.
• The best type of life insurance policy for your situation.
• Why it's not safe to assume family / friends will support or take care of your loved ones.

LINKS MENTIONED ON THE SHOW:

• Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money
• Work Your Wealth Facebook Community
• 9 Steps to Workable Wealth

This week I had the chance to chat with Stephanie Burns, founder of Chic CEO.

Stephanie is the founder of Chic CEO. Chic CEO is an online resource for female entrepreneurs - bringing how-to information, tools and community to women starting businesses. With 90,000 female entrepreneurs subscribed, Stephanie's vision for Chic CEO is to be the number one resource for any woman who wants to follow her entrepreneurial dream.

Here's WHAT YOU'LL LEARN FROM THIS EPISODE:

• The biggest hurdle facing new business owners and how to overcome it.
• The roadblocks encountered by women launching a business.
• The exact place you need to begin when starting a business. Seriously. Start here.
• How to get idea validation on your product or service offering.
• Why fear is robbing you from potential opportunities and how to conquer it.
• Resources you can find at the Chic CEO website to launch your business.

Links We MENTIONED ON THE SHOW:

• Chic CEO
• Two Page Business Plan Outline
• Lisa Sasevich – The Invisible Close
• 7 Reasons to Join a Mastermind

HOW DO I GET STARTED WITH INVESTING?

RETIREMENT SAVINGS OR COLLEGE SAVINGS: WHICH COMES FIRST?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• The first thing you need to determine before you even dive into investing.
• Why a diverse portfolio matters.
• What an index does for you.
• What a mutual fund or exchange-traded fund can do for you.
• Where to start in the retirement vs. college planning debate.
• What happens when you plan for college without planning for retirement.
• Why "do what you can" is better than "do nothing".

LINKS MENTIONED ON THE SHOW:

• Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money
• Work Your Wealth Facebook Community
• 9 Steps to Workable Wealth

I WANT TO MAKE A CAREER CHANGE. WHERE DO I START?

This week I had the chance to chat with Anna Runyan, founder of Classy Career Girl.

Anna is the Creator of Corporate Rescue Plan™ and CEO of one of Forbes 35 Most Influential Career Sites, ClassyCareerGirl.com. She's a winner of the Top 5 Blogs For Young Professionals by Levo League and one of 15 Career Experts To Add To Your Twitter Feed Now by The Muse. She's been featured on Fox, ESPN, Forbes, The Wall Street Journal and People Stylewatch Magazine. Anna was nominated as San Diego Magazine's Woman of the Year (2016) and her podcast was ranked one of the top 23 career podcasts by CareerToolkit.com. She helps millions of women design and launch their dream careers, businesses, and lives through her website, online courses and social media channels.

Here's WHAT YOU'LL LEARN FROM THIS EPISODE:

• How to determine what your career interests are.
• What holds many people back from making a career change.
• The #1 place to find those you should reach out to for informational interviews.
• Who you should reach out to before making a career move.
• How to financially prioritize a career change.
• What specific questions to ask of those currently working in the career you're interested in.
• Specific follow up action items after connecting with others.
• How to tackle the overwhelm of finding your dream career.

Links We MENTIONED ON THE SHOW:

• Classy Career Girl
• Classy Career Girl 90 Day Plan
• DISC Personality Test
• Work Your Wealth book

HOW MANY BANK ACCOUNTS DO I NEED?

SHOULD I PURCHASE A HOME IF I HAVE STUDENT LOANS?

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• The number of bank accounts you need.
• What to consider when opening multiple bank accounts.
• Tough decisions you may need to make when working towards goals.
• How to keep one-time expenses from derailing your cash flow.
• Cash flow considerations for locking in a mortgage.
• What your debt-to-income ratio is and what percentage it should be at or below.
• Items to keep in mind when saving for a down payment.

LINKS MENTIONED ON THE SHOW:

• Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money
• Work Your Wealth Facebook Community
• 9 Steps to Workable Wealth

This week I had the chance to chat with Kimberly Palmer, author of Smart Mom, Rich Mom.

Kimberly Palmer is the author of "Smart Mom, Rich Mom: How to Build Wealth While Raising a Family." She is a financial journalist living in Washington, DC with her family, including two children.

WHETHER YOU'RE A PARENT OR NOT, HERE'S WHAT YOU'LL LEARN FROM THIS EPISODE:

• The statistics behind women handling their own finances.
• How to get started with automating your financial education.
• Why a basic financial foundation is needed before jumping in to understanding your investments.
• The #1 thing needed to come together as a couple and a family to get on track financially.
• Where to start with teaching your children about money and the power to stories.
• When and why you should talk to your own parents about their financial situation.
• What you should do now to start planning for care for your aging parents.
• Creative ways to leverage employee benefits.

LINKS WE MENTIONED ON THE SHOW:

• Kimberly's book: Smart Mom, Rich Mom: How to Build Wealth While Raising a Family
• Kimberly's website

You may not want to get touch- feely with your finances, but when it comes to beliefs and the stories we tell ourselves about money, they can have a huge impact on your finances, your ability to save, to grow your income, and to meet your goals. In this episode we're going to dive in to seven common money beliefs, how they may be holding you back and what you can do to reframe them in order to make progress with your money.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• What money scripts are and how they shape the way you view money.
• How to reframe and reshape your money beliefs and anxieties so they no longer hold you back.
• What "enough" money could look like for you.
• How to view being good with money through a different lens.
• How to identify when you're telling yourself a story about money.
• How to address guilt about earning more.
• Questions to ask in getting comfortable talking about money.

LINKS MENTIONED ON THE SHOW:

• Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money
• Work Your Wealth Facebook Community
• 9 Steps to Workable Wealth

Erica Gellerman is a career consultant and advisor who helps women find their worth in the workplace. Having spent 10 years honing her skills with great companies (PwC, P&G, Amazon), she's now helping other women transition into careers they love, gain the confidence to speak up and ask for more, and see the value in their work. She shares information and advice on her website, The Worth Project, through her weekly Forbes Column, The Salary Chronicles, and as the Finance Editor for The Everygirl. She has her MBA from Duke University, is a CPA, and is currently an expat living in London with her husband and her little dog, Hattie.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• The number one thing you need to do before walking into a negotiation
• Why negotiation is a collaboration
• Steps to take in eliminating your anxiety around negotiation
• When most of the work happens in a negotiation
• What to tools to take into your negotiation with you
• How a skills assessment can help you pivot in your career without taking a pay cut
• The power of a moment of silence

LINKS WE MENTIONED ON THE SHOW:

• The Salary Chronicles on Forbes
• Erica's articles for The Everygirl
• The Worth Project

This week I had the incredible opportunity to talk with Adrienne Dorison of www.adriennedorison.com and The School of Self-Mastery Podcast.

Adrienne Dorison is a business strategist and podcast host who helps experts, entrepreneurs and business owners get better results in less time. Adrienne has a corporate background with LEAN Six Sigma as a continuous improvement expert and she has developed proven systems for entrepreneurs that deliver real results, fast. Adrienne has been recognized as a thought leader in the millennial entrepreneurial space. She hosts her own podcast, The School of Self-Mastery, and contributes to a myriad of media and publications.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• How Adrienne became debt-free in less than six months!
• Why figuring out your survival expenses is important before making a career change.
• Why you don't necessarily need to have it all figured out before making a move.
• Why having a timeline matters when you're tackling financial goals.
• What being vocal with your goals looks like and how it impacts your spending patterns.

LINKS WE MENTIONED ON THE SHOW:

• Adrienne's Facebook Community
• Adrienne's Interview with John Lee Dumas
• Adrienne's Podcast

Welcome to the first episode of the Work Your Wealth Podcast, a weekly podcast for those wanting to make smarter choices with their money.

Featuring expert interviews with leading authors, business owners and professionals, the Work Your Wealth Podcast will give you the education, confidence and clarity around your finances that you deserve. If you're ready to use your money to live a life you love, this show is for you.

I'm your host, Mary Beth Storjohann. I'm a CERTIFIED FINANCIAL PLANNER™, the Founder of Workable Wealth, where I serve as a financial planner and accountability partner in working to help clients in their 20s-40s across the country make smart, educated choices with their money.

I'm also an author and the inspiration for this show came from my book, Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money, which launched in March 2016.

I've been named as a "Top 40 Under 40" financial planner by Investment News, one of "10 young Advisors to Watch" by Financial Advisor Magazine, and one of "10 of the Best Personal Finance Experts on Twitter." I frequently appear on NBC as a financial expert and my expertise has been featured in Glamour, Women's Health, Brides, The Wall Street Journal, CNBC, Forbes, and more. You can connect with me via Instagram, on Facebook, or via Twitter.

In this inaugural episode of the Work Your Wealth Podcast, I talk about why I created this show, share a bit about my background, and explain who this podcast is for and what you can expect each time you join me here.

WHAT YOU'LL LEARN FROM THIS EPISODE:

• Introduction to me, Mary Beth Storjohann and the Work Your Wealth Podcast.
• How I ended up in a career as a Financial Planner and started Workable Wealth.
• Who the Work Your Wealth Podcast is for.
• What you won't find on this podcast.
• What you can expect from this show.

LINKS AND RESOURCES FEATURED ON THE SHOW:

• Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money
• Workable Wealth
• Have a money question you want me to answer? Submit one here.