Trial by JenniFIRE

Trial by JenniFIRE
Trial by JenniFIRE

The Personal Finance Friend: Achieving financial independence through money transparency and helping others learn financial literacy.

  1. 1월 31일

    Feat. Terri Lasater and Shannon Yerington on The Female Hustle Gene (FHG)

    Summary In this episode, Jennifer Butterfield interviews Terri Lasater and Shannon Yerington about their new venture, the Female Hustle Gene (FHG), an entrepreneur coaching program for female entrepreneurs. They discuss their background and the inspiration behind starting FHG. The mission of FHG is to help women overcome challenges and achieve their goals in business and personal life. They emphasize the importance of collaboration, authenticity, and taking action. The conversation also covers the unique challenges faced by women in business, the long-term goals of FHG, and the common misconceptions about women in business. The episode concludes with a sneak peek of their upcoming podcast. In this conversation, Jennifer Butterfield and Terri Lasater discuss the challenges and strategies involved in growing a venture. They also explore the importance of building strong partnerships and the potential for future growth and collaboration. Takeaways Collaboration and authenticity are key in helping women overcome challenges and achieve their goals in business and personal life. Women face unique challenges in business, including cultural and social expectations, but these challenges can be overcome with the right mindset and support. Failure is a part of success, and it is important to learn from failures and keep moving forward. Financial success is important, but it should not be the sole focus. The impact on women's lives and the ability to live authentically and with joy should also be considered. There are many misconceptions about women in business, such as the belief that women have to give up something to succeed or that they don't have the time or resources to start a business. The Female Hustle Gene podcast will provide a mix of fun banter and serious discussions on topics related to entrepreneurship and personal growth. Growing a venture comes with various challenges, including financial constraints, resource limitations, and competition. To overcome these challenges, entrepreneurs need to be adaptable, resilient, and willing to learn from failures. Building strong partnerships with like-minded individuals and organizations can provide valuable support and resources. Collaboration and intermingling between ventures can lead to mutual growth and success. Chapters 00:00 Introduction and Background 01:28 Starting the Entrepreneur Coaching Program 06:43 Mission of the Coaching Collective 08:58 Differentiators and Unique Approach 17:43 Challenges Faced by Women in Business 23:21 Significant Hurdles in Career 31:07 Long-term Goals and Measurement of Success 35:20 Advice for Women Starting Out 37:39 Common Misconceptions About Women in Business 41:40 Sneak Peek of Upcoming Podcast 43:15 Conclusion and Thank You

    44분
  2. 1월 25일

    Feat. Rory McShane, From High Interest Rate Debt to Scaling a $30 mil.+ Business

    Summary In this episode, Jennifer Butterfield interviews Rory McShane, founder of McShane LLC, about his journey in entrepreneurship and personal finance. Rory shares his upbringing in a financially conservative home and the contrasting financial habits of his parents. He discusses how his relationship with money evolved over time and the importance of living within one's means. Rory emphasizes the value of hard work and determination in building a successful business. He also highlights the use of data in business strategy and the challenges of scaling a company. The episode concludes with a discussion on the principle that has guided Rory's success: hard work. Takeaways Living within your means is crucial for financial stability and success. Instant gratification and consumer debt can hinder long-term financial goals. Entrepreneurship requires a mindset of hard work, determination, and the ability to adapt to challenges. Using data in business strategy can lead to more targeted and effective decision-making. The principle of hard work is a key factor in achieving success in business and personal finance. Chapters 00:00 Introduction and Background 01:00 Personal Finance Upbringing 03:09 Changing Relationship with Money 04:40 Living Within Your Means 07:44 Instant Gratification and Consumer Debt 09:04 The Mindset of Entrepreneurship 11:46 Starting and Scaling a Business 17:44 Charge the Hill Mentality 20:25 Challenges of Scaling 28:37 Using Data in Business Strategy 33:27 Principle for Success: Hard Work 34:58 Conclusion

    36분
  3. 1월 17일

    Feat. Christie Leslie of @thefinancialworkout_ on Financial Goal Setting

    Summary In this episode, host Jennifer Butterfield interviews Christie Leslie, co-founder of The Financial Workout, about financial goal setting. They discuss topics such as personal finance upbringing, developing healthy financial habits, lifestyle creep, and the importance of financial goal setting. They also explore common financial goals, strategies for effective goal setting, and challenges and mistakes to avoid. The conversation covers balancing priorities, motivation and accountability, and available resources for financial goal setting. The episode concludes with personal advice for starting the financial journey and a key takeaway to start small and stay consistent. Takeaways Developing healthy financial habits is crucial for long-term wealth and financial security. Setting realistic financial goals is important and can be achieved through strategies like SMART goals. Balancing priorities, such as saving for retirement and building an emergency fund, is essential throughout different life stages. Motivation and accountability play a significant role in achieving financial goals. Utilizing available resources and support, such as financial planners and educational materials, can greatly assist in financial goal setting. Chapters 00:00 Introduction and Background 02:17 Personal Finance Upbringing 04:02 Developing Healthy Financial Habits 05:15 Lifestyle Creep and Financial Goal Setting 06:13 Importance of Financial Goal Setting 07:27 Common Financial Goals and Realistic Goal Setting 09:00 Strategies for Effective Financial Goal Setting 10:21 Strategies for Saving Money 11:26 Choosing the Right Savings Accounts 13:17 Challenges and Mistakes in Financial Goal Setting 17:58 Percentage of Income for Saving and Investing 20:07 Balancing Priorities: 401k and Emergency Fund 22:29 Balancing Goals Throughout Life's Milestones 25:19 Motivation and Accountability in Financial Goal Setting 28:01 Resources and Support for Financial Goal Setting 30:22 Personal Advice for Starting the Financial Journey 31:39 Key Takeaway: Start Small and Stay Consistent 33:28 Host Closing Remarks IG: https://www.instagram.com/thefinancialworkout_/ Financial Planner: 2024 Financial Planner

    34분
  4. 1월 10일

    Feat. Rachel Rhodes, Licensed Texas Mortgage Broker on the 2008 Housing Crisis and the Barrier-to-Entry in 2024

    Summary Rachel Rhodes, a licensed mortgage broker, discusses the factors leading to the 2008 housing crisis, including unethical lending practices and unqualified home buyers. She explains the impact of the crisis on the housing market and the economy. Rachel also delves into the Federal Funds Rate and its influence on mortgage interest rates. She highlights the importance of prequalification and the regulations surrounding it in today's market. In this conversation, Jennifer Butterfield and Rachel Rhodes discuss the process of pre-qualification and making an offer in the real estate market. They also explore the impact of business corporations moving to Texas and the benefits of moving to the state. The conversation highlights the competitive seller's market in Austin and the fluctuating interest rates. They emphasize the importance of investing in real estate and taking a long-term perspective on homeownership. The conversation concludes with advice to not be afraid and to embrace the unknown in the homebuying process. Takeaways Unethical lending practices and unqualified home buyers were major factors contributing to the 2008 housing crisis. The Federal Funds Rate, inflation, and federal debt play a significant role in determining mortgage interest rates. Prequalification is an essential step in the home buying process, and it is crucial to understand the regulations and requirements. Pre-qualification is based on factors such as income and debt. A pre-qualification letter is given to the realtor to indicate the type of loan and purchase price amount. The housing market in Austin has been highly competitive, with buyers making offers above the asking price. It is important to consider the long-term perspective and potential for growth when purchasing a home. Using equity from a property or turning it into an investment property can help in purchasing a dream home. First-time homebuyers should not be discouraged by the current economic state and should consider the benefits of homeownership. The buy down option is available for college students to start with a lower interest rate and gradually increase it as their income grows. Spouses both need to be first-time homebuyers to qualify for certain programs. Don't be afraid of the unknown and take the leap into homeownership. Chapters 00:00 Introduction and Background 02:58 Personal Finance Upbringing 05:41 Factors Leading to the 2008 Housing Crisis 09:46 Unethical Lending Practices and Qualified Home Buyers 17:16 Impact of the Housing Crisis and Foreclosures 25:33 The Federal Funds Rate and Mortgage Industry 35:13 Prequalification and Today's Regulations 48:02 Factors for Pre-Qualification 49:10 Using Pre-Qualification Letter 50:24 Competitive Seller's Market 51:23 Steps to Make an Offer 52:04 Impact of Business Corporations Moving to Texas 53:00 Benefits of Moving to Texas 53:34 Housing Market in Austin 54:46 Fluctuating Interest Rates 55:34 Importance of Investing in Real Estate 56:04 Long-Term Perspective on Homeownership 57:13 Considerations for First-Time Homebuyers 58:12 Using Equity to Purchase Dream Home 59:05 Real Estate Investment Strategy 01:00:13 Buy Down Option for College Students 01:01:28 Case Study: Purchasing a Duplex 01:03:13 Considerations for Older First-Time Homebuyers 01:07:39 Nervousness and Paperwork in Homebuying 01:08:12 Buy Down Option for College Students 01:11:09 Spousal Qualification for First-Time Homebuyer 01:12:24 Don't Be Afraid

    1시간 13분
  5. 2023. 12. 27.

    Feat. Terri Lasater on Serial Entrepreneurship, Childrearing and Female Empowerment

    Summary In this episode, host Jennifer Butterfield interviews Terri Lasater, a serial entrepreneur and owner of multiple businesses. They discuss topics such as personal finance, negotiating in a male-dominated industry, the growth of Domain Construction, the inception of Daddy's Barber Shop, balancing motherhood and entrepreneurship, and empowering women. Terri shares her experiences and offers advice for new moms and business owners. In this conversation, Terri Lasater shares insights and advice for mothers navigating the challenges of motherhood while pursuing their creative passions. She emphasizes the temporary nature of this phase and encourages mothers to plan their creative endeavors and seek advice from other experienced mothers. Terri also discusses her new endeavor with her business partner to empower women entrepreneurs and provide coaching and resources to help them overcome obstacles and reach their goals. The conversation concludes with a reminder to believe in oneself and the availability of answers to guide individuals through their journeys. Takeaways Personal finance education is crucial for financial success and should be taught at an early age. Negotiating in a male-dominated industry requires confidence, knowledge, and the ability to gain trust. Balancing motherhood and entrepreneurship requires flexibility, support from the community, and being kind to oneself. Empowering women involves changing societal narratives, providing resources and support, and creating opportunities for autonomy and success. Domain Construction https://www.domainconstructiontx.com/ Daddy's Barbershop in Austin, Texas. https://www.daddysbarbershop.com/ Chapters 00:00 Introduction and Background 03:11 Personal Finance and Entrepreneurship 09:02 Negotiating in a Male-Dominated Industry 14:28 Growth of Domain Construction 15:25 Accidental Entry into Construction 24:17 Daddy's Barber Shop 29:41 Balancing Motherhood and Entrepreneurship 40:35 Empowering Women 44:24 Advice for New Moms and Business Owners 45:52 Navigating the Challenges of Motherhood 48:16 Empowering Women Entrepreneurs 51:18 Supporting Women in Business and Motherhood 52:35 Believing in Yourself and Finding Answers

    53분
  6. 2023. 12. 20.

    Feat. Kyle (Boona) on Cryptocurrencies, NFTs and Shillr

    Summary In this episode, Jennifer Butterfield interviews Kyle, also known as Boona, about cryptocurrencies, NFTs, and his role at the crypto startup Schillr. Kyle shares his personal finance upbringing and the challenges of navigating financial advice from his parents. He then discusses his journey into the world of cryptocurrencies and NFTs, including his initial skepticism and eventual fascination with the technology. Kyle explains the concept of non-fungible tokens (NFTs) and the importance of owning digital assets in an increasingly digital society. He also provides insights on investing in NFTs and the potential risks involved. In this conversation, Boona discusses various aspects of the crypto industry, including finding passion within the industry, platforms for buying art, the decentralized and immutable nature of crypto, and the opposition's position on crypto. He also explores the use of crypto in criminal activities, the risks and benefits of crypto, tax implications, and shares unforgettable experiences as a podcast host. Boona provides insights into the world of crypto and encourages listeners to explore the possibilities it offers. Takeaways Personal finance advice from parents may be sound, but it's important to find your own path and adapt to the opportunities and challenges of the current financial landscape. Cryptocurrencies and NFTs offer unique investment opportunities and the potential for digital ownership in an increasingly digital world. Non-fungible tokens (NFTs) represent unique digital assets that cannot be duplicated, providing a new way to own and trade digital objects. Investing in NFTs carries risks, and it's important to do thorough research and only invest what you can afford to lose. Find something within the crypto industry that appeals to you and follow that passion. Artists can use crypto to build something separate from traditional ways of making money and create a community around their art. Crypto represents an option for new financial tools and allows individuals to participate in a brand new way. Crypto's decentralized and immutable nature provides transparency and security. There are risks and benefits to owning and using crypto, and it's important to stay informed and consult a tax advisor. References: $69 m NFT sale: https://www.nbcnews.com/tech/tech-news/art-nfts-beeple-reflects-one-year-historic-69-million-digital-art-sale-rcna18989 Shillr on X: https://x.com/shillrxyz?s=20 Boonafide Podcast: https://www.youtube.com/ @Boonafide Chapters 00:00 Introduction and Background 01:06 Personal Finance Upbringing 04:39 Introduction to Cryptocurrencies 14:57 Joining Schillr 24:52 Understanding NFTs 30:31 Ownership of Digital Assets 39:20 Investing in NFTs 40:17 Finding Your Passion in the Crypto Industry 41:15 Platforms for Buying Art in the Crypto Space 41:45 Discovering Art through Social Media 42:45 The Decentralized and Immutable Nature of Crypto 43:44 Crypto as an Option for Artists 44:14 Crypto as an Option for New Financial Tools 45:14 The Opposition's Position on Crypto 48:15 The Use of Crypto in Criminal Activities 49:24 The Risks and Benefits of Crypto 52:19 Tax Implications of Cryptocurrency 55:29 Unforgettable Experiences as a Podcast Host 01:00:02 Where to Find the Host and Shiller 01:01:49 Closing Remarks and Gratitude

    1시간 3분
  7. 2023. 12. 14.

    Feat. Carly DeFelice on The Best Money Class Ever and CNBC Millennial Money

    Podcast Episode 23: Transforming Money Mindsets with Carly DeFelice In Episode 23 of the Trial by JenniFIRE Podcast, join us in a compelling conversation with Carly DeFelice, a finance degree holder from the McCombs School of Business at the University of Texas, founder of The Best Money Class Ever, and a featured guest in CNBC's Make It Millennial Money series. Carly answers a series of thought-provoking questions, sharing her personal journey and insights into transforming money mindsets: 1. Welcome and Introduction: Carly opens up about her background and journey into the world of personal finance. 2. Money in Childhood: Reflecting on her upbringing, Carly provides insights into the conversations around personal finance in her home. 3. Money Mindset Origins: Carly shares the story of how she developed her money mindset and the factors that influenced it. 4. Pressures of Consumerism: As a woman, Carly discusses the unique pressures she has experienced regarding consumerism. 5. The Wake-Up Call: Carly recounts a pivotal moment that served as a wake-up call for her personal finance journey. 6. Eye-Opening Realizations: Carly delves into the most profound realizations that shaped her financial perspective. 7. Lifestyle Pivot: Carly discusses the process of pivoting her lifestyle and the initial changes that were crucial. 8. The Best Money Class Ever: Carly provides insights into the inception and purpose behind creating The Best Money Class Ever. 9. Teaching for Purpose: Carly shares how teaching these classes has given her a profound sense of purpose. 10. Solvent Advice: Carly imparts invaluable advice for individuals looking to make positive financial changes, drawing from her own experiences. Connect with Carly: - Website: Best Money Class Ever - Instagram: @bestmoneyclassever Featured Articles: - Initial CNBC Feature - Video Feature - Follow-Up Article Don't miss this insightful episode as Carly DeFelice shares her inspiring journey and valuable lessons in mastering personal finance. Listen to Episode 23 wherever you get your podcasts.

    51분
  8. 2023. 12. 06.

    Feat. Arie Brish on Venture Capital Strategy and Innovation

    🚀 Episode 22: Unveiling the Secrets of Successful Fundraising with Arie Brish 🚀 Get ready for an insightful journey into the world of corporate projects, venture capital, and holistic innovation as we sit down with the extraordinary Arie Brish in Episode 22! Arie, a seasoned business consultant and bestselling author of "Lay an Egg and Make Chicken Soup: The Holistic Innovation Process from Concept to Market Expansion," shares his wealth of knowledge and experiences in this compelling conversation. 🌐 Episode Highlights: 1️⃣ Introduction to Arie Brish - Arie kicks off the episode by giving us a glimpse into his remarkable journey, having raised over $100 million for corporate projects and $15 million for venture capital investments. 2️⃣ Early Days and Personal Finance - We delve into Arie's childhood and explore the conversations around personal finance in his home, laying the foundation for his future success. 3️⃣ Insights into Business Consulting - Arie provides insights into his role as a business consultant, offering a sneak peek into the strategies that have contributed to his success. 4️⃣ Mastering Corporate Fundraising - Learn from the best as Arie shares key strategies he's employed in successfully raising substantial funds for corporate projects. 5️⃣ Overcoming Challenges in Corporate Fundraising - Discover the challenges Arie has faced in the world of corporate fundraising and the innovative solutions that propelled him forward. 6️⃣ Navigating Startup Investments - Arie sheds light on the intricacies of fundraising for startup ventures, sharing his criteria for selecting potential investments and addressing risk assessment and due diligence. 7️⃣ Tech Innovations Impacting Personal Finance - As a Thought Leader for Forbes Technology Council, Arie unveils groundbreaking tech innovations influencing personal finance, drawing from his role as a director on several boards. 8️⃣ The Journey of a Bestselling Author - Arie shares the inspiration behind his bestselling book and the driving forces that lead to its success. 🎙️ Join us for a captivating conversation with Arie Brish, the CEO of CXO 360, as we explore the dynamic intersection of innovation, finance, and entrepreneurship. Don't miss this episode packed with valuable insights for aspiring entrepreneurs, investors, and anyone passionate about the ever-evolving landscape of business. 🔗 Connect with Arie: Website: https://cxo360.net/ LinkedIn: https://www.linkedin.com/in/ariebrish/ Book references: Lay an Egg and Make Chicken Soup by Arie Brish: https://a.co/d/fmR1rDj Start-Up Nation by Dan Senor and Saul Singer: https://a.co/d/2nQBOCq 👍 Like, share, and subscribe for more episodes featuring industry leaders and innovators! #ArieBrish #CorporateFundraising #InnovationJourney #EntrepreneurshipTalks #CXO360 #BusinessInsights

    40분

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