Welcome to episode 236 of Love, your Money! In this episode, I’m going to get a little vulnerable with all of you, look back on my financial mistakes and talk about 5 things I’d do differently knowing what I know now.

At one point in your life, you’ve likely found yourself saying, “If I only knew then what I know now.” Or maybe you’ve already thought about what you would tell your younger self if you had the chance. Nobody’s perfect, and making mistakes is a part of life. The key is to learn from them to avoid repeating them.

So today, I’m going to run through some pivotal and unforgettable money decisions that I’d definitely do differently now if I could. I’ll also explain some of the warning signs that I foolishly chose to ignore so that you can make better financial decisions to build wealth and a better life instead of digging a giant hole to crawl out of. If I can do it, so can you!

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

• Being rich or successful isn’t just being lucky
• The exponential value of building your savings muscles early
• How to create money boundaries for yourself
• Avoid get rich quick schemes aka “snake oil”
• Choose a career that suits your strengths
  
  

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 235 of Love, your Money! In this episode, I’m joined by Martha Lewis, a sleep consultant to health-conscious, high achievers that struggle with getting a good night’s sleep.

As a certified sleep expert and Functional Diagnostic Nutrition practitioner, she addresses both body and mind with stress resilience techniques and testing for hidden health issues to get to the root cause of her clients’ insomnia.

Martha has been featured in numerous publications, such as Thrive Global and the Jackson Hole News & Guide, and various podcasts around the world and is also a passionate speaker on the topic of sleep.

Today, you’ll hear about the most common misconceptions about insomnia, 4 specific tests for diagnosing your sleep issues, and why sleeping pills and supplements might be doing more damage than you realize.


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

• What is a sleep consultant? 
• Functional vs. conventional medicine
• 4 lab tests for assessing your body
• How does your diet affect your sleep?
• The reality of sleep supplements and pills
• The link between genetics and sleep
  
  

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 234 of Love, your Money! In this episode, we’re simplifying a few important topics that can feel overly complex to many people — tax-loss harvesting and backdoor Roths.

If you’ve heard about these strategies before, but aren’t sure exactly what they mean, today’s episode will tell you everything you need to know. If you’ve never heard of these strategies, no problem!

You’ll learn a few strategies that can improve your financial situation today. Before you know it, you’ll be teaching your friends how they can improve their financial situation!

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

• How a backdoor Roth IRA works
• Who is a backdoor Roth IRA for? 
• Why to do a backdoor Roth conversion
• What is tax-loss harvesting? 
• The step-by-step tax-loss harvesting process 
• What to watch out for when tax-loss harvesting

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 233 of Love, your Money! Today, I’m joined by Breanna Blaney. Breanna is the Life, Invested Director & VP leading Dimensional’s efforts to explore the relationship between life and investing. The firm’s Life, Invested program helps simplify the world of investing, integrating it into the bigger picture of people’s lives so that they can not only invest better but live better.

Breanna also has over 1,000 hours training in yoga and Ayurveda and is passionate about the intersection of mindfulness and finance. She serves on Dimensional's Women & Wealth steering committee and has prior experience in real estate private equity and corporate finance. She graduated with a BA in business and economics from the University of North Carolina at Chapel Hill.

In this episode, you’ll learn how to develop and cultivate a healthy money mindset. If you’re nervous about investing or struggle with risk tolerance, Breanna has a ton of great insights to help you achieve some peace of mind with investing.

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

• Awareness around your money mindset
• The evolution of investing
• How to accept the risk of investing 
• What data does Dimensional Funds lean on? 
• Aligning your money with your life’s mindset

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 232 of Love, your Money! In this Money Coaching episode, I’m joined by a husband & wife duo who own a direct sales business.

As entrepreneurs, they’ve been so focused on growing their business for the last 12 years that their personal finances have become an afterthought. As they look ahead towards retirement, they also know something has to change.

In today’s episode, I’ll share actionable advice on how to go from successful business owners to having financial freedom in retirement. We’ll talk about eliminating debt and credit as a means to grow a business and growing your net worth to the nest egg that generates income.

*Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes.

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

• Replacing your income 
• The 3 things you can do with personal income
• The Rule of 72 
• Raising the revenue of a direct sales business
• Breaking down business debt
• Building your net worth as a business owner

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 231 of Love, your Money! In this episode, I’m sitting down with Nikki Rausch to learn how to sell easily and authentically, while eliminating fear around the sales process.

Nikki has more than 25 years of sales experience. As the founder and CEO of Sales Maven, she helps small businesses and entrepreneurs sell without giving off that “used car salesman” vibe.

Today, you’ll hear Nikki share tips for kicking the “ick” from the sales process, making yourself comfortable while closing the deal, and using neurolinguistic programming to improve your sales success.

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

• Why is selling uncomfortable? 
• Nikki’s 5-step Selling Staircase framework
• How to tell if you’re talking to an ideal client
• How to ask questions that pique curiosity
• Tips for closing the sale 
• How to keep power and avoid chasing clients 
• Using “bless and release” to avoid bad clients
• Ethically applying neurolinguistic programming

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 230 of Love, your Money! In this episode, we're continuing the conversation on the financial implications of divorce. And today, I'm joined by Certified Divorce Financial Analyst®, Karen Sparks.

Karen is a speaker, author, and founder of Divorce Financial Strategists. For over 10 years, she has assisted families (as well as legal and financial professionals) in navigating a divorce, dividing and allocating personal assets, and preparing couples for success in the next chapter of their lives.

Having experienced a divorce herself, Karen found her calling and wanted to combine her expertise in the finance world as a CFO to fill a much-needed gap: helping others get through an incredibly emotional period of their lives and retain what is rightfully theirs.

In our conversation, you'll learn why it's critical to locate and gather necessary documentation immediately, where important assets are held, and how many years' worth of documents are needed to settle a divorce when a family business is involved.

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

• How an expert analyzes the personal situation
• Actions that derail an amicable divorce from happening
• Advice on where to start when an divorce is inevitable
• How long a divorce is kept a secret from the spouse
• The importance of documenting everything
• Divorce scenarios where a CDFA will add value

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 229 of Love, your Money! In this episode, I’ll be talking about a topic that impacts many people, the financial implications of divorce. This episode will serve as a primer for next week’s interview with an expert in this field, so be sure to check out part 2 next week.

I’ve seen how divorce affects people’s lives firsthand after watching my parents each divorce and get remarried more than once before I was old enough to vote. I’ve also seen the impact of a divorce in my professional career with many clients over the years. When a marriage ends, it can be devastating for many reasons. Emotions are running high, which can create tension and resentment when you’re trying to settle debts and divvy up your assets.

So today, I’ll be sharing some do’s and don’ts on how to proceed when faced with a life-changing event during a divorce. You’ll hear actionable advice on the value that a professional like a CDFA (Certified Divorce Financial Analyst) can add to your situation and tips on starting the next phase of your life with a “clean slate.”

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

• Avoid taking on new debts and being vindictive
• If the debt is in your name, then you’re responsible!
• The emotional toll of going through a divorce
• When to hire a professional like a CDFA
• The value of having a professional help divide assets
• How proper financial planning helps start over with a clean slate

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/financial-implications-of-divorce-p1

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 228 of Love, your Money! In this episode, I’m diving into a hot topic in today’s economy: Navigating the real estate and interest rate markets in 2024.

I’ll cover some market trends and insights to help you make better-informed decisions with confidence so that you can do what’s best for you, your family, and your financial situation.

You’ll also learn why renting isn’t necessarily a bad thing, how the media reports on inflation can be misleading, and the pros and cons of renting vs buying a home. Let’s face it, buying a home is one of the most important financial decisions you’ll ever make, and if you’re thinking about making a change to your housing situation, this episode is for you.

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

• Why waiting for another recession could be a mistake
• Buying a home with a plan to refinance is more than a gamble
• How the media reports on inflation can be misleading
• The pros and cons of renting vs home ownership
• How expenses of home ownership impact your ROI

The Money Blueprint® for Business Owners​​

The Money Blueprint® is profit coaching that puts you in control of your business finances for good. No more Head-in-the-Sand Syndrome. No more fear, stress, or shame. Simply total confidence. Learn more here!

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 227 of Love, your Money! Today, we’re back with a special Money Coaching episode that includes segments from a two-part coaching session with my client.

The reality is, many people struggle with charging the rates they deserve. There are tough questions that don’t always have easy answers. Questions like: What should I charge my friends and family? How do I communicate an increase in my rates? How do I know what the market rate that I should be charging is if I’m providing a better service?

In today’s episode, you’ll hear how I tackled those questions with one of my clients. You’ll walk away with a clearer idea of how to price your offers, how to win those negotiations, and how to raise your rates and keep your clients happy.

*Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes.

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

• Charging friends and family for your work
• Setting the stage with my client’s goals
• How to deal with financial “haters”
• Pricing your offers
• Tips for negotiating your prices
• Handling your business and personal finances

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.

Welcome to episode 226 of Love, your Money! In this episode, I’m joined by retirement expert Anne Lester. Anne’s 30-year career in finance is beyond impressive. She was the Head of Retirement Solutions at JP Morgan, where she managed $125 billion in target date assets and traveled around the country to share her expertise.

Anne’s mission is to help others prepare for a secure and successful retirement. She’s a regular contributor to Bloomberg TV, CNBC, The Wall Street Journal, and The New York Times and is preparing to release her new book, “Your Best Financial Life.”

In today’s episode, you’ll hear about the different “money types” and how to understand yours to save smarter. You’ll also hear how to clear the psychological hurdles of saving for retirement, actionable advice for building a healthy portfolio, and how to reshape harmful investing behaviors.

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

• Anne’s robust financial resume
• Why Millennials own less wealth
• Rewiring your brain for delayed gratification
• How to outpace inflation
• Why to automate your investing 
• Different money types 
• Minimizing the emotional stress of investing 
• How to approach retirement investing
• Advice for people who are behind on saving
  
  

Show Notes

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

Follow Hilary on:
Twitter
LinkedIn
Instagram
Facebook
YouTube

Subscribe to Love, your Money
Apple Podcasts
Overcast
Spotify
Google 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.