Her Dinero Matters Jen Hemphill

Have you ever found yourself questioning your hard-earned money skills time and time again? Maybe you’ve spent months (or years) learning all there is to know about investing and budgeting. You’ve done the courses, attended the webinars, read the books, and even chatted with professionals and qualified advisors. And yet, for some reason, when it comes to owning your knowledge, of saying “heck yes” to your budding money skills, something in you wavers. You hesitate. You feel uncomfortable and out of place accepting that yes, you have become financially literate. Sounds familiar? Then this week’s convo with Kayla Nedza may make you reconsider. 
Let’s be honest: putting your most honest, confident, and self-assured money self out in the world is no easy feat. In fact, when it comes to owning your money skills (and knowledge!) a weird paradox usually pops up: the more you know about a topic, the less confident you feel about the accuracy of your claims and beliefs (btw, this is why most subject matter experts always respond to questions with what seems to be vague “it depends”.  It’s not that they don’t know —it’s just that they are trying to avoid over-generalizations). 

This is why in this week’s episode our guest, Kayla Nedza, will walk us through two key money lessons that will help you to finally take ownership of your money skills and grow your confidence.
In this episode you will learn: 
How Kayla’s dad set her up for success from early on.Why grace and compassion are an integral part of every money journey.One big money challenge Kayla is tackling today. For a quick recap of this episode go to https://www.jenhemphill.com/179
The post, [Summer Playlist] The Key to Reclaim Your Money Skills & Confidence | HDM 179 appeared first on the Her Dinero Matters Podcast.

Are you always “saving” on little things here and there? You may not be the type of person who consistently saves 10% of their income for retirement, but anyone who knows you can tell you’re the queen of frugality.  Between avoiding brand names at the grocery store (in favor of the Store Brand) and being a die-hard fan of a zero-waste lifestyle (did anyone say reused Mason jars?), you are the living embodiment of the frugal person. But, do you know how much money you are actually saving through your frugal lifestyle? Or, are these imaginary savings just that —a pretty illusion?  

As a self-declared frugal person, a close friend of mine is always looking for new ways to save a couple hundred extra dollars a month. For the past six months, saving on fuel has become one of her biggest goals. On a regular recharging day, she travels to the other side of her city to refuel at a tiny gas station that charges 30% less than her regular Shell station. That sounds like a sweet deal…until you consider her regular station is just one block away from her apartment, but the cheaper place is 45 minutes away #gasp.

My friend’s example comes to my mind whenever I say that, sometimes,  being the most frugal person doesn’t always help your bottom line. Our brains are so complex that, sometimes, being ultra-focused on saving a few dollars doesn't allow us to see the forest for the trees. And you know what’s the most perplexing part? This mistake is more common than you think. 

This is why in this week’s episode, I want to talk about frugality and the traps usually associated with our reflex of trying to cut down on expenses when finances are tight.
In this episode you will learn: 
Why frugality, by itself,  is not enough to improve your financial situation.The 3 things you have to do to leverage a frugal lifestyle. One question you NEED to ask yourself before going frugal. For a quick recap of this episode go to https://www.jenhemphill.com/181
The post, [Summer Playlist] Lessons Learned From Frugality | 181  appeared first on the Her Dinero Matters Podcast.

If you have a budget, I’m sure you know why keeping track of your expenses is important. What you probably don’t know is that daily ins and outs are not the only numbers worth tracking. In fact, if you want to truly stay on top of your finances there are four numbers you should keep an eye on. In this episode, I’ll share what these numbers are, how to keep up with them, and why tracking them will make a difference in the long run. 
Keeping track of your expenses is an essential part of budgeting: there’s just no way around it. However, I get why you might find this whole expense tracking thing a little bit tedious (or just plain boring!), especially if you are new-ish to budgeting and you’re still working on creating a system that works for you.  

If that sounds all too familiar, this week’s episode might be just what you need. Today, we’ll start with a quick review of the basics of expense tracking (a lil’ refresher is always welcome!) and why it’s important to keep up with those numbers. Then, we’ll move on to the nitty-gritty of this week’s topic: four not-so-common numbers that you should keep in mind when evaluating your finances. 
Most people don’t usually see big, drastic changes in these numbers month over month, but that doesn’t make them less important. Keeping a close eye on them will not only give you valuable info on your current financial situation, it will also help you find all sorts of growth opportunities.
In this episode you will learn: 
Why expense tracking doesn’t have to be tedious.3 expense types to keep up with (and why they matter).4 numbers that are not that common, but are worth keeping in your tracker.For a quick recap of this episode go to https://www.jenhemphill.com/402
The post, Four Numbers You Need to Start Tracking Today | HDM 402 appeared first on the Her Dinero Matters Podcast.

What’s the first thing that comes to your mind when you hear “money rules”? If you’re anything like me, you probably think about complicated must-dos, or old-as-time financial practices that, by now, are pretty much set in stone. But, what if I told you that money rules don’t have to be inflexible (or even tied to money per se) to be effective and life-changing? Would you believe me? Well, let’s put that to the test! In today’s episode, I’ll share with you 8 money rules that have helped me take my money management to a whole new level. 
If every time you hear the words “money rules” you hear the distant echo of Scrooge McDuck rigidly screaming “I made my money by being tougher than the toughies and smarter than the smarties!”, maybe it’s time to reconsider your approach to the concept of “rules” (plot twist: being inflexible is not part a money rule job description! #notreally).

Here’s the deal: when it comes to money management & finances, having rules that work is crucial. Not only they will help you make better decisions (and in less time), but they can also reduce the mental load that usually comes with money management. However, just because rules are important it doesn’t mean they have to be rigid or set in stone. In fact. It’s quite the opposite! 

My experience has taught me that the best money rules are those that are tailored to my situation and thus resonate deeply with my personal money story. And you know what? You can also have rules like these. This is why, in this episode, I’ll share with you 8 money rules that have helped me take my money management to a whole new level. 
In this episode you will learn: 
The reason why not all money rules have to be about money (#gasp!)How to set up money rules that work for you… when you are rule-averse.Why creating your own money rules is 100% possibleFor a quick recap of this episode go to https://www.jenhemphill.com/401
The post, Money Rules That Don’t Have To Do With Money? | HDM 401 appeared first on the Her Dinero Matters Podcast.

It’s happening! With this episode, Her Dinero Matters is officially hitting the 400-episode mark! To celebrate, I’ve put together a special episode that will break our traditional format but in a fun way! This week I’m sharing Her Dinero Matters Origin Story with you and the lessons I’ve taken home after recording 400 weekly episodes (#wild!). 
For most people (myself included), 400 may not feel like a huge number, but whenever I say out loud that I’ve spent almost nine years recording weekly podcast episodes to help women improve their relationships with money, I always get a shocked stare. NINE YEARS! That’s a lifetime. And I’m sure that lifetime magic is what contributes to making this episode feel extra special. 

It all started in 2015 when podcasts that talked to women about money were not a very common sight. Yes, podcasting and financial advice in general existed, but the offer available back in the day did not match the specific vision I had in my head: a space where we could come together as women to talk about money, our money stories, and how those have impacted the way we lead our financial lives. Her Dinero Matters was born from that vision. 

Over the years, the podcast has evolved and shifted directions in various ways. Not only that: recording hundreds of interviews with all sorts of amazing guests has also taught me precious lessons that I wouldn’t have learned otherwise. 

This special episode aims to celebrate all that!
In this episode you will learn: 
A deep-dive into Her Dinero Matters Origin Story.Lessons learned after recording 400 episodes.Featured feedback from listeners! For a quick recap of this episode go to https://www.jenhemphill.com/400
The post, 400 Episodes and STILL Going: Lessons Learned From the Podcasting Trenches  | HDM 400 appeared first on the Her Dinero Matters Podcast.

We all know about the importance of getting better at managing our finances, but many people come face to face with a giant wall when it comes to the practical side of things. Is there a specific routine or a way of doing things that facilitates everything? And if there is, how can you start implementing those best practices in your financial management? In this week’s episode, I’m going to share how I manage our household finances, the systems I use, and the things that could be improved. 
I don’t know if it’s just me, but with the boom of AI, I feel nowadays everyone is talking about systems and automation. Financial conversations are not the exception.  While I am a huge fan of saving precious time by automating tasks, I also recognize that building effective systems to better manage your finances takes time and a good chunk of trial and error. 

This is why in this week’s episode I’ve decided to share how I manage our household finances. I’ll talk about the systems that work for us, how I’ve built them, and some things that are still a work in progress (because, let’s be honest, when it comes to managing finances. there’s no such thing as perfection. Believe me, building this system as taken years and loads of trial and error). The goal of this episode is to inspire you to try something new in your current money management routine. 
In this episode you will learn: 
The nitty gritty aspects of how I manage our household finances.The importance of having a sound plan (aka, a budget!) as your starting point. Why this system works for us now and what are some aspects that still need improvement.For a quick recap of this episode go to https://www.jenhemphill.com/399
The post, This Is The System I Use To Manage Our Household Finances  | HDM 399 appeared first on the Her Dinero Matters Podcast.