Love, your Money - Wealth, Money, and Financial Advisor for Women Hilary Hendershott, CFP

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 incomeThe Rule of 72 Raising the revenue of a direct sales businessBreaking down business debtBuilding 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 frameworkHow to tell if you’re talking to an ideal clientHow to ask questions that pique curiosityTips for closing the sale How to keep power and avoid chasing clients Using “bless and release” to avoid bad clientsEthically 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 situationActions that derail an amicable divorce from happeningAdvice on where to start when an divorce is inevitableHow long a divorce is kept a secret from the spouseThe importance of documenting everythingDivorce 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 vindictiveIf the debt is in your name, then you’re responsible!The emotional toll of going through a divorceWhen to hire a professional like a CDFAThe value of having a professional help divide assetsHow proper financial planning helps start over with a clean slateShow 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 mistakeBuying a home with a plan to refinance is more than a gambleHow the media reports on inflation can be misleadingThe pros and cons of renting vs home ownershipHow 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 workSetting the stage with my client’s goalsHow to deal with financial “haters”Pricing your offersTips for negotiating your pricesHandling 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.