DiscoverWomen & Money: The Shit We Don't Talk About!
Women & Money: The Shit We Don't Talk About!

Women & Money: The Shit We Don't Talk About!

Author: Barbara Provost & Maggie Nielsen

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"We will never solve the feminization of power until we solve the masculinity of wealth." - Gloria Steinem. On this podcast, we're going to call out those ways that women are consistently left behind financially. But most importantly, how women can help themselves. Join hosts Barbara Provost & Maggie Nielsen as they help you navigate the ins and outs of financial independence so that you can be financially fearless. They'll connect you with helpful resources and compelling stories from women all across the country. Whether it's buying a house, preparing for retirement, dealing with divorce, there won't be a single question off the table. Maggie is a partner and Barbara is the founder of Purse Strings, a two-part model that's all about providing women the tools and resources they need to help them learn and understand what they need to know to make good financial decisions. And they help connect women with attorneys, financial planners, realtors, and many other financial professionals who have the expertise and desire to serve the female market. Women & Money: The Shit We Don't Talk About can be your place for tools, resources, education and a place to ask the important questions on your mind (or even better, the - you know - you aren't talking about). Find out more about Purse Strings by visiting https://pursestrings.co/ and we can't wait to connect with you on the podcast!
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Matt Friscia is the owner and manager of Transworld Business Advisors of La Grange. With over 1,800 women opening businesses every day in the U.S., we’re excited to dive into the intricacies of buying and selling a business with a seasoned business broker. As a former business owner who worked with Transworld Business Advisors himself, Matt brings a wealth of experience to the table.In this episode, Matt offers a realistic overview of what it looks like to work with a business broker, demystifying the process for those considering a new venture or looking to sell their business. From funding options and tax considerations to the day-to-day reality of business ownership, we learned so much from his insights. Here’s some of what we discuss in this episode:How Matt moved from corporate America to pursue a career in business brokerageThe role of a business broker, the diversity of businesses Matt works with + some misconceptions about buying businesses The intricacies of buying businesses, including down payments, seller financing, discretionary earnings and moreThe preparation, listing process, and emotional aspects of selling a business  Funding options available for those interested in purchasing a businessLearn more about MattPrior to owning his own business, Matt spent 15 years in the media sales industry working with The Disney Company and ESPN. After buying and significantly expanding an in home senior care franchise, Matt successfully sold is business and is now one of the owners of Transworld Business Advisors in La Grange. He and his current team of eight brokers help clients buy, sell, franchise, and valuate businesses. Transworld Business Advisors of La Grange helps to super serve the underserved with businesses under $10M or referred to as “MainStreet” business brokerage. Matt resides in the southwest suburbs of the Chicagoland area with his wife and two children, and volunteers his time with community organizations like the Lemont Park Foundation and the La Grange Business Association. A fun fact about Matt is that he’s a musician that has played professionally for years as a drummer! Get in touch with MattMatt on Purse Stringshttps://pursestrings.co/professional/business-advisor/illinois/la-grange/matt-friscia/Start a conversation with Matt about his services provided in business brokerage https://www.linkedin.com/in/mattfriscia/Transworld Business Advisorhttps://www.tworld.com/agent/mattfriscia/bio/Active Listingshttps://www.tworld.com/locations/lagrange/buy-a-business/active-business-listings/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
We’re delighted to sit down with Brian James, a seasoned Divorce and Family Mediator based in Chicago with offices across Chicagoland and Southeastern Wisconsin. As the founder and lead mediator at C.E.L. & Associates, Brian brings over two decades of experience to his practice and has dedicated his career to helping families navigate divorce and domestic conflicts.He’s here today to talk about the mediation process, highlighting its benefits, misconceptions, and how it differs from traditional litigation. Throughout our conversation, he shares some of the unique challenges women might face in divorce, the essential questions they should ask their mediators, and the importance of financial education in navigating divorce with confidence. Here’s some of what we discuss in this episode:What is mediation and how is it different than hiring an attorney?The typical timeframe for mediation + how Brian works with families to navigate finances during this processThe questions that women should ask when consulting with a mediatorManaging client expectations during the mediation process + avoiding emotional decisions that might lead to regretWhen is it better to work with an attorney? What working with Brian looks like, typical costs of mediation, and Brian’s advice for our listenersLearn more about BrianBrian James, a seasoned Divorce and Family Mediator, established C.E.L. and Associates, Inc. in 2005, serving Chicagoland and Southeastern Wisconsin. Brian holds a B.S. in Sociology from Northern Illinois University (1994) and received Mediation and Conflict Resolution training at Northwestern University.For a decade, Brian worked in the Criminal Justice System, aiding domestic violence and divorcing families in resolving conflicts and facilitating healing post-life-altering events. His approach to mediation is client-driven. By aiding his clients with the resolution of their divorce issues outside of the courtroom, Brian helps create a win/win situation for all parties in a divorce.His mediation style not only resolves immediate issues but equips clients with conflict-resolution skills for the future, emphasizing problem-solving, empathy, and informed decision-making. Brian recently celebrated 27 years of marriage to his wife Cindy. They have two boys, Connor, age 25 forever, and Evan, age 22. Connor and Evan are the C. and E. in C.E.L. & Associates, Inc.Get in touch with BrianBrian on Purse Stringshttps://pursestrings.co/professional/mediator/illinois/libertyville/brian-james/C.E.L. & Associates, Inc. https://www.yourdivorce.org/Brian on social mediahttps://www.facebook.com/CELandAssociates https://www.linkedin.com/in/brian-james-1336ba2/  Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Amy Cook, MSPFP, MPAS®, CFP®, is the proud founder of Maven Lane Financial Group in San Mateo, CA. She has over 15 years of experience as a financial advisor and is no stranger to the unique financial challenges that women face. We’re so excited to have her in our Purse Strings network and on the show today to share insights from her new book, Your Money Narrative.Here’s some of what we discuss in this episode:Forming beliefs and decisions about money based on your previous experiencesHow gender roles and societal expectations impact these money storiesBreaking free from limiting money narratives by talking about your experiences and challenging your ingrained beliefsHow we can use our money stories to inspire and empower the next generation to be financially savvy and independent Amy’s new book + choices and personal priorities in budgetingLearn more about AmyEarly in her career, Amy managed a mortgage company branch, witnessing clients reactively approaching financial decisions. Determined to help people avoid mistakes, she became a financial advisor in 2009, driven by a passion for guiding clients to realistic, attainable goals. Now the proud founder of Maven Lane Financial Group in the Bay area, she advocates for proactive personal finance.Amy pursued financial education, earning her CERTIFIED FINANCIAL PLANNER™ certification and a Master’s degree in Personal Financial Planning. With clients in various life stages and industries, Amy aims to be part of your financial team, offering guidance in the ever-changing landscape of financial planning.Amy is thrilled about her new book, Your Money Narrative, and is a mother of two grown daughters. In her spare time, she enjoys being home with her cute cats and working on passion projects, including decorating, antiques, and a series of children’s books about collections.Get in touch with AmyAmy on Purse Stringshttps://pursestrings.co/professional/financial-advisor/california/san-mateo/amy-cook-mspfp-mpas-cfp/Maven Lane Financial Grouphttps://www.mavenlanefinancialgroup.com/Read an excerpt from Amy’s book, Your Money Narrativehttps://www.yourmoneynarrative.com/excerptYour Money Narrative Checklistshttps://www.yourmoneynarrative.com/resourcesAmy on social mediahttps://www.linkedin.com/in/amy-cook-mspfp-mpas%C2%AE-cfp%C2%AE-3239199/https://www.facebook.com/mavenlanefinancialgroupJoin the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
We’re excited to welcome Vrinda Gupta to the show. She is the visionary founder of Sequin, a financial platform designed to empower women on their journey to financial freedom. Vrinda shares her inspiring story with us today, starting with a rejection from a credit card she helped create to founding a women's finance club that challenges the norms of the male-dominated financial industry.Listen in as she sheds light on the systematic financial challenges women face and offers practical tips on building a strong credit score, managing credit utilization, and taking control of your financial health. Here’s some of what we discuss in this episode:Vrinda’s experience working at Visa as a product manager and being rejected for a credit card without explanationThe importance of building a credit score under your nameThe systemic biases in the financial world that still affect women todayVrinda’s tips for putting your best foot forward when it comes to creditHow Sequin came to be and what makes it different The key differences between credit and debit cardsClick the link below to get your Sequin membership started for 40% off!https://www.sequincard.com/purse-stringsLearn more about Vrinda:Vrinda Gupta worked at Visa for years, launching popular credit cards. But when she applied for a credit card she helped develop, she was rejected. All her years of responsible payments on her debit card didn't show up in her credit history. To big banks, she was invisible.If you've ever been rejected or hit your credit limit, you know the feeling. That's why Vrinda founded Sequin, to make sure women get the credit they deserve.“There are too many hidden costs to being a woman, and credit shouldn't be one of them.”Get in touch with Vrinda:https://www.vrinda-gupta.com/https://www.linkedin.com/in/vrindag/https://twitter.com/vrinda_tweetJoin the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
This week’s guest is a seasoned coach with a diverse background in academia, biochemistry, and corporate leadership. Today, Divya Parekh, MS, CPC, PCC, LL, helps leaders and entrepreneurs follow their dreams and take their careers to the next level. She’s here to share her insights on how women can embrace their achievements without feeling the need to conform to societal expectations or feel like they’re being “braggadocious.”Tune in as we explore how aligning with your values can be a game-changer for your professional and personal growth. Whether you're an entrepreneur, corporate professional, or aspiring leader, this episode offers valuable insights and inspiration to help you shine authentically in your journey.Here’s some of what we discuss in this episode:The importance of authenticity and being aligned with your values as women in the workplace Sharing your accomplishments without feeling braggadocious Divya's unique approach to helping leaders and entrepreneurs align their valuesUsing storytelling as a tool to build connections and share your aspirations in the workplace Download Divya's FREE summary, "Atomic Habits"https://success.divyaparekh.com/atomichabitgift/Learn more about Divya:Divya brings over 20 years of experience in academia, corporate (managing multi-million-dollar biopharmaceutical contracts), and authentic positioning (as an executive business coach). She combines her extensive knowledge of corporate, and entrepreneurial real-world business situations and her passion to help business leaders, coaches, and entrepreneurs with a focus on authenticity, neuro-leadership coaching, and storytelling to help them uncover their value-based differentiators, reframe their life’s narrative authentically, and create authentic credibility builders. This enables them to be recognized as trusted leaders and gain the visibility to impact more people.Divya is a regular contributor to large publications like Forbes, Entrepreneur, CEO World Magazine and more. Divya is also a bestselling author of many leadership books, including Expert to Influencer, The Entrepreneur's Garden, Leadership and Influence, Emotional Intelligence and more. Get in touch with Divya:https://www.divyaparekh.com/ https://www.linkedin.com/in/divyaparekh/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Sarah Hellenbrand is a fitness enthusiast, mom, and proud founder of Studio Elevate Fit in Libertyville, Illinois. We met Sarah at a networking event where she shared her raw and inspiring journey of opening her own business. With over 1,800 women opening new businesses every day in America, and we couldn't wait to share her story with you. In our conversation, Sarah opens up about her struggle to finding fulfilling work in the early years of her career, and the journey that led her to finding her passion and starting her own fitness studio. We’ll chat about the incredible environment she’s created at Studio Elevate Fit, and what she’s learned throughout her entrepreneurial and personal health journey. Stay tuned to be inspired by Sarah’s story and to gain a refreshing perspective on personal development, resiliency, and business ownership. Here’s some of what we discuss in this episode:The challenges Sarah faced in the corporate world + the journey of opening her own fitness studioCreating a body-postive, inclusive environment at Studio Elevate FitThe importance of resilience and continuous learning as an entrepreneurSarah’s advice for women considering starting their own businessesLearn more about Sarah:Sarah Hellenbrand is a boutique fitness studio owner and believer that we can create a world where women can embrace the bodies they have. Having worked in the fitness industry while struggling with body image herself, Sarah is committed to delivering high quality fitness experiences while fighting diet culture and promoting self love and acceptance. Mom to Eleanor and wife to Zeke, Sarah and her crew love cooking, outdoor adventures, and live music Get in touch with Sarah:Studio Elevate Fithttps://studioelevatefit.com/Sarah on Instagramhttps://www.instagram.com/sarahelevate/https://www.instagram.com/studioelevatefit/Sarah on Facebookhttps://www.facebook.com/studioelevatefit Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/To learn more about money and access additional episodes, visit us online: https://pursestrings.co/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Our guest this week is the incredible Jen Pestikas, a financial services executive, leadership coach for women, and host of the podcast Brave Women at Work. We had the pleasure of meeting Jen through social media and we’re so glad that we did. She joins us today to discuss negotiating your worth in the workplace and why this is such an essential skill for women to harness.  In our conversation, Jen shares her personal journey and highlights the societal factors that often deter women from negotiating their worth. We’ll hear some success stories of her coaching sessions and learn practical strategies to strengthen the negotiation muscle, set empowering baselines, and confidently navigate conversations about compensation, promotions, and more. Whether you're entering a new job or seeking a promotion, this episode equips you with script tips and insights to tackle these conversations head-on.Don’t miss this empowering conversation on being financially fearless!Here’s some of what we discuss in this episode:Why do many women find negotiation challenging?The impact of not negotiating on the gender pay gap Strengthening the negotiation muscle + some of Jen's client success storiesDefining your baseline, understanding your worth, and confidently navigating financial conversationsBeyond salary, what other aspects should women consider when negotiating in the workplace?Learn more about Jen:Jen Pestikas knows first-hand what it is like to start from the bottom and work her way to the top in her career. Jen started as a bank teller in the financial services industry and over the last 20 years, she moved up the ladder to be the Senior Vice President of Business Development for a Chicago land banking institution. Jen understands what soft and hard skills are needed to make significant leaps in your career, including mindset work, asking for what you want, interviewing skills, negotiation skills, presentation skills and more. Jen is now leveraging her experience to help her clients clarify what they want to do, identify obstacles, and take bold and brave action to achieve their goals without sacrificing their health and happiness. Get in touch with Jen:https://bravewomenatwork.com/Your Burnout Proof Career Planhttps://bravewomenatwork.com/burnout-proof-career-plan-workshop/Brave Women at Work Podcasthttps://bravewomenatwork.com/blog/75 Things You Can Negotiate Articlehttps://worthmorestrategies.com/our-1-most-popular-post-75-things-you-can-negotiate/Jen on Linkedinhttps://www.linkedin.com/in/jenniferpestikas/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today we are honored to sit down with Candy Wolff, CEO and President of “Irreplaceably You,” mother, widow, and author of the upcoming book, Lost and Found in Mexico: A Widow’s Road to Recovery. In our conversation, she shares the tragic story of losing her husband while on vacation in Mexico, and the financial difficulties and decisions that followed.  From unexpected medical bills and funeral expenses to dealing with life insurance policies, Candy's story highlights the importance of having open financial conversations with your partner and being prepared for the unexpected. Discover the critical steps she wishes she had taken before her husband's passing, and why having the right resources, like Purse Strings' Family Emergency Guide, can make all the difference in times of hardship. Join us for a powerful conversation about protecting your financial future. Here’s some of what we discuss in this episode:How Candy lost her husband unexpectedly on a vacation in MexicoBeing financially prepared for unexpected life events, such as the loss of a spouseHaving open and honest communication about finances within a relationshipThe potential risks of identity theft and fraudulent activities when financial accounts remain unprotected after a loved one's passingHow resources, like the Family Emergency Guide from Purse Strings, can help women prepare for unexpected financial challenges Learn more about Candy:Candy Wolff is a multi-talented professional, excelling in roles spanning marketing, sales, event management, tradeshow coordination, writing, and public speaking. Her journey began with a Bachelor of Science (BS) degree in Communications from Montana State University Billings, equipping her with the skills and knowledge to lead as the CEO/President of "Irreplaceably You." Mission-Driven Professional: Candy lives by the philosophy that every day presents a choice: to pick one's attitude and make the right choice. This personal mission guides her approach to work and life, infusing positivity, empathy, and excellence into everything she does.A Loving Mother: Candy is not only a dynamic professional but also a devoted mother to three boys. Her nurturing spirit and dedication to her family serve as a foundation for her personal and professional success. A Woman of Faith: Candy's Christian faith is a cornerstone of her life, guiding her values and actions in all aspects of her journey.Passions Beyond Work: Outside of her professional life, Candy is an avid enthusiast of working out, drawn to the invigorating power of exercise. She's equally passionate about the ocean, sun, and sand, finding solace and inspiration by the seaside. Author and Innovator: Candy is set to debut her literary work, "Lost and Found in Mexico," while also gearing up for the launch of "Irreplaceably You." Get in touch with Candy:candywolff3@gmail.com952-687-7968https://www.linkedin.com/in/candywolff/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Did you know that 10,000 people are turning 65 in the U.S. every day and will continue to for the next 7 years? It’s true. And that means that caregiving is something that will impact the lives of many women. Our guest today is Jeannie Dougherty, a money expert, mental fitness guide, and former caregiver. She’s here to help you better understand how caregiving can affect your financial health and what proactive steps you can take to safeguard your financial future.Listen in as Jeannie shares her personal experiences in caring for both her father and mother as they faced Alzheimer's. She highlights the challenges and emotional rollercoaster that comes with becoming the primary caregiver, as well as the importance of open communication among family members and proper legal and financial preparations. With a deep understanding of aging issues, Jeannie offers valuable advice on navigating the complexities of caregiving, planning for the future, and staying mentally and emotionally resilient as a caregiver. If you are a caregiver or anticipate becoming one, this episode is a must-listen, and is filled with resources to help you navigate this journey with confidence. Here’s some of what we discuss in this episode:The importance of early and open conversations about healthcare, legal matters, and finances before health problems develop  What legal preparations are necessary for effective caregiving, and what role do mental health power of attorney, medical power of attorney, and a financial power of attorney play?How can caregivers facilitate conversations about caregiving and aging with their loved ones?Prioritizing self-care and staying mentally agile as a caregiver + resources to support caregivers in their journeySave your spot for Jeannie’s FREE Conference for Caregivers (November 8-9th, 2023):  https://jeanniedougherty.com/conference-for-caregivers/Learn a little bit more about Jeannie:Jeannie helps people from all walks of life as a coveted counselor, certified money coach, mental fitness coach, and speaker. With a Master's degree in Counseling from Ottawa University and certification from the Money Coaching Institute, she passionately assists individuals, couples, and businesses in achieving their goals. Known for her holistic and gentle approach, Jeannie has garnered a strong reputation among her clients. Having cared for her parents who battled Alzheimer's for 11 years, Jeannie has unique insights into the financial and emotional challenges caregivers face, and she is dedicated to helping others navigate these difficulties. Being a money expert and mental fitness guide is her ultimate passion project, and her caregiver conference is here to connect you with the right folks so you won’t feel as alone and overwhelmed during this time.    Episode Links:https://jeanniedougherty.com/Purse String’s Family Emergency Binder:https://pursestrings.co/feb-download/ Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today’s guest is a seasoned money coach who brings a wealth of personal experience, education, and a versatile toolbox of approaches to help her clients escape the cycle of financial dysfunction and build emotional health. Pam Richardson’s journey is a testament to the fact that changing a lifetime's worth of money habits is a process that doesn't happen overnight. Pam empowers her clients to find confidence, clarity, and calm within their financial lives. Through her expertise and unique perspective, she provides a lifeline for individuals who have struggled with chronic overspending, debt, damaged relationships, and self-deception when it comes to money. Her approach is rooted in removing the shame, guilt, and stigma associated with financial struggles.Pam joins us today to talk about how taking a mindful approach to your finances, setting boundaries, and adopting good financial habits can lead to a more secure and fulfilling financial future. She also offers practical advice for building a dream team of financial experts to guide your journey. Whether you're managing a small budget or a substantial windfall, this episode has something valuable to offer you. Tune in and become financially fearless!Here’s some of what we discuss in this episode:The importance of understanding and improving your money mindset to make better financial decisionsHow can women effectively manage inherited wealth and protect their financial future?Building a team of financial professionals, like financial planners and estate planners, to help you navigate your financial journeyIdentifying your core values and aligning your spending with what truly matters to youTake Pam's Money Archetype Quiz:https://www.moneymasterywithpam.com/quizA little more about Pam:Pam is a native New Englander who was born, raised, and educated in NH. She’s a mom to two grown and flown children, wife to Harvey, and a Gigi to the love of her life - Violet, who she adores beyond words. Pam loves reality TV - namely Shark Tank, Undercover Boss, Amazing Race, and all iterations of the Bachelor. #guiltyascharged. She also loves traveling and has been to 46 of the 50 states and 12 foreign countries. Her favorite indulgences include coconut and chocolate (especially when combined).https://pursestrings.co/professional/financial-coach/new-hampshire/nashua/pamela-richardson/ Email: pam@moneymasterywithpam.comOther resources from today's show:Purse String's Where Is My Money Going Worksheet: https://pursestrings.co/wp-content/uploads/2023/01/PS_Lead-Magnet_Wheres-The-Money_v3.pdfJoin the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Debt is a four letter word that can evoke a lot of emotions. Whether you're working to pay off student loans, recently purchased a home or are facing unexpected medical bills, debt is a part of many of our financial stories. While the word can be intimidating and even bring on feelings of guilt and shame, today's guest is here to remind us that it does not have to define your long-term financial success. In fact, when used intentionally, debt can actually be used as a tool for personal and financial growth. We so excited to introduce Vikki Zacchilli, the owner and financial coach behind Minted Mindset. She spent 12 years in corporate finance until her desire to make a direct impact on others’ lives became too strong to ignore. Through her own debt free journey of paying off $77K in 18 months, Vikki learned the value of personal finance and education on the lives of women and families. Today she coaches clients on reaching their full potential through financial literacy, money mindset, and organization.Join us for a great conversation with Vikki, as she discusses the pivotal moments and mindset shifts that led to her personal debt free journey. We’ll talk about negotiating for salary increases, finding the right debt repayment method, maintaining a balance between financial discipline and enjoying life, and more. Listen in as Vikki shares her story and shows that, while debt may accumulate, it is not insurmountable. With proper planning, commitment, and a change in mindset, you can successfully pay off your debt and achieve financial freedom!Here are some key takeaways from this episode:Choosing a payment method that resonates with you and keeps you motivatedStriking a balance between paying off debt and maintaining some level of lifestyle comfortOvercoming shame and guilt associated with debtStrategies for increasing income and negotiating for raises Having open and honest communication with your partner about your financial goals + working together as a teamLearn more about Vikki:https://www.mintedmindset.comFacebook:https://www.facebook.com/MintedMindsetFCInstagram:https://www.instagram.com/mintedmindsetfc/TikTok:https://www.tiktok.com/@mintedmindsetE-guide containing 5 Free Tips for Starting the Money Transformation Talk with Your Partner: https://www.mintedmindset.com/money-transformation-talk Get $47 off your Empowerment Session (2 hour deep dive into your personal financial situation designed to tackle your most immediate financial goal) with code PURSESTRINGSJoin the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Divorce can be a turbulent journey fraught with emotional and financial challenges. Trying to navigate the financial maze of splitting assets, dealing with taxes, cash flow, and retirement implications can be incredibly overwhelming. That’s why we want to introduce you to Jennifer Merida, a Certified Divorce Financial Analyst at Grace Financial Consulting, who has her own powerful story about making mistakes through her divorce but using that to empower herself.Jennifer’s experience is not just about survival, but also about transformation. She used her personal trials to shape her professional triumphs, becoming a CDFA and using her experiences to guide women through the financial intricacies of divorce. She unraveled the importance of having a CDFA on your team during a divorce and how it could be a game-changer.Having someone who understands the financial intricacies can save you from financial mishaps and can help you make informed decisions that will protect your financial future. Jennifer also touched on the importance of being part of a network of professionals who specialize in serving women in financial aspects.Today we’ll lean on her 22 years of experience in financial planning to provide guidance and tips for anyone that might be in this position. Here are some key takeaways from this episode:When Jennifer went through her own divorce, she was overconfident to a fault and didn’t have someone to help her avoid some of the mistakes she made.So many women just want to get the divorce over, for good reason, and they rush through the process. Learn what role the CDFA plays in the process and why they are so valuable for getting your finances in order to start your new life.Tips on actions you need to take if you’re thinking about a divorce or going through one now.Why she thinks we should approach divorce and the small details like we do our wedding day. Resources For This Episode:https://pursestrings.co/professional/jennifer-merida/Learn more about Jennifer and the services she financial services she offers. https://pursestrings.co/divorce-check-list/Get our free Divorce Prep Check List that will give you some action items to take now. Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Join us as we sit down with Amy Salo, CFP®, CAP®, CExP™, a passionate advocate for increasing female representation in the financial industry. Despite the immense potential for women in finance, only 17% of financial advisors and planners are currently women.Amy is on a mission to change this landscape. Through her vision, she aims to drive economic mobility within our communities by fostering a culture that not only attracts, but also develops and retains women in advisory roles, staff positions, and agency leadership. She firmly believes that as an industry, we have the capacity to excel further.Here at Purse Strings, we talk a lot about how the financial industry is primarily male-dominated. However, amidst this narrative emerges a powerful truth – women stand as the most influential force in the market today. Join us as we learn more about Amy’s story, the realities of being in the business, and share why it is the perfect time for women to join and reshape the industry. Here are some key topics we’ll discuss in this episode:With more women entering the workforce and gaining control over finances, there's a need for female financial advisors who can cater to their unique needs and preferences.The potential for women to excel in financial advisory roles due to their natural skills like empathy, listening, and the desire to help others.The financial services industry can offer women flexibility in their careers, allowing them to balance family commitments while building a successful practice.A mentor can provide guidance, boost confidence, and help navigate the challenges that come with the career, especially for women entering the male-dominated financial profession.While licensing may seem daunting, a supportive organization and on-the-job learning can help individuals acquire these qualifications over time.Learn More about Amy:https://pursestrings.co/professional/amy-salo/Check out Amy's Webinar: https://www.linkedin.com/posts/asalo_welcome-you-are-invited-to-join-a-webinar-activity-7093266438353743872-RxPX/?utm_source=share&utm_medium=member_desktopDisclaimer:This podcast is for informational purposes only. Guest speakers and their firms are not affiliated with or endorsed by PAS or Guardian, and opinions stated are their own. Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 200 BROADHOLLOW ROAD, SUITE 405, MELVILLE NY, 11747, 631-5895400. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. FOREST HILLS FINANCIAL GROUP is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License Number - 0L64608, 2023-159059.  Exp 08/2025Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Join us for a powerful conversation with Donna Kendrick, a certified financial professional with Sefton Financial, certified divorce financial analyst, and author of the book “A Guide To Widowhood: Navigating The First Three Years.” Donna's passion lies in supporting widows through their financial journey. Having personally experienced the loss of her husband, she brings a unique perspective and empathy to her work, helping women navigate the challenging road of widowhood.In this episode, Donna shares her journey through widowhood and how she turned this experience into a mission to empower women facing similar challenges. We discuss the emotional and financial struggles of losing a spouse, finding the right advisor after loss, and making informed decisions during life's most challenging times.Donna also shares more about her book, which serves as a roadmap for widows, offering practical advice, financial insights, and emotional healing strategies. Don’t miss this incredible discussion as she advocates for women to embrace the past, love the future, and take control of their financial futures. Here are some key takeaways from this episode:Being financially prepared for unexpected life events, such as losing a spouse, is incredibly important. Organizing your documents, understanding financial accounts, and having a clear financial picture is crucial. Widowhood can be emotionally and financially overwhelming. Seeking emotional support through counseling and seeking financial advice from professionals specialized in assisting widows can help navigate these challenges.Donna cautions against making impulsive financial decisions driven by emotions. Taking time to assess your financial situation and seeking professional advice can prevent regrettable choices.Donna's message is to embrace personal growth and not dwell on past mistakes. Each day is an opportunity to learn, grow, and make better financial decisions!Resources For This Episode:"Where Is Your Money Going" is an easy-to-use worksheet to help you determine your monthly income and expenses.https://pursestrings.co/where-is-your-money-going/This Emergency Binder is a comprehensive guide that helps make sure all necessary information for the family is located in one place. https://pursestrings.co/feb-download/Learn more about Donna: https://www.widow-wisdom.com/Read “A Guide To Widowhood” https://www.amazon.com/Guide-Widowhood-Navigating-First-Three/dp/B0B7RPGH6LJoin the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today’s special guest is Jessica L. Williams, also known as the Tech Biz Gurl. Jessica is the creator of #jesspicks, a weekly newsletter featuring practical resources and tips for side hustlers. Jessica believes you don’t have to quit your day job to be an entrepreneur and is here to share her passion for helping people start their side hustles.With her wealth of knowledge and expertise, Jessica brings valuable insights on how to make a side hustle work for you even if you have a full-time job or other responsibilities. We dive into the importance of finding your passion, the benefits of experimenting with business ideas before committing to major investments, some common mistakes people make when starting a side hustle, and much more. Tune in as we talk about taking calculated risks, embracing failures, and allowing yourself the grace to learn and grow. Whether you're dreaming of launching a newsletter, coaching service, or a content creation venture, this episode will guide you toward the fearless pursuit of your dreams and challenge you to think about side hustles differently!Here are a few takeaways from our conversation:Balancing a side hustle with other commitments requires an honest assessment of your available time and energy. Understanding your limits helps you create a sustainable and enjoyable routine!Instead of rushing into major investments, start small and experiment with different ideas.A side hustle doesn't necessarily have to become a full-time endeavor- there are benefits to working full-time and diversifying your income streams. Pursuing a side hustle is a journey that demands dedication. Practicing self-compassion, allowing room for mistakes, and prioritizing self-care are important parts of long-term success. Learn more about Jessica: Subscribe to #jesspicks and get weekly tips and resources for entrepreneur-ing your way: https://techbizgurl.com/jesspicks/https://twitter.com/techbizgurlhttps://www.linkedin.com/in/jessicalavernewilliams/https://www.instagram.com/techbizgurl/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today we are excited to be joined by Deb Curtis, founder of Curtis Small Business Finance Solutions. Having experienced the male-dominated landscape of corporate America and the business banking and business brokerage industries, Deb took it upon herself to establish her own small business. Her primary goal was to empower women and minorities, enabling them to venture into the realm of small business ownership. With her unique insights and inspiring outlook, Deb is here today to shed light on the incredible opportunities awaiting female entrepreneurs.In this episode, Deb highlights the current wealth transfer occurring because of baby boomer retirement and how this is opening doors for women to take over established, profitable businesses. She peels back the layers of small business financing and explains the various methods for acquiring funds, the terms of SBA loans, and more. You'll also hear some amazing success stories of women who have purchased businesses under Deb's guidance. This episode is a must-listen for anyone who is ready to break the mold and achieve financial independence through business ownership. Get ready to be inspired!Here’s what we’ll discuss in this episode:The background of Deb's small business, which educates women on how to purchase established businesses and achieve financial freedom. (2:07)The types of businesses that Deb has helped women purchase. (9:52)The amount of funding women typically receive when buying businesses + what do these loan down payments look like? (19:42)What are the terms of an SBA loan? (27:00)If you’re interested in buying a business what does the timeline usually look like? (32:22)Learn more about Deb:Deb on Purse Stringshttps://pursestrings.co/professional/deb-curtis/Deb's websitehttps://www.debcurtis.com/Deb on Linkedinhttps://www.linkedin.com/in/debjojocurtis/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today’s guest is not your typical financial professional. With some pretty amazing titles, like abundance activist and financial intuitive prosperity expert, Ellen Rogin, CPA, CFP®, has a wealth of knowledge to share with us on money intuitiveness. Starting off as a traditional financial professional, Ellen became fascinated with people's attitudes toward money and realized that one's level of contentment and happiness had little to do with their wealth. She went on to write several books about this idea and eventually sold her practice to have a broader impact and help people improve their relationship with money, including financial advisors.In this episode, Ellen shares practical strategies to reshape your relationship with money and embrace abundance. She talks about four key areas that can help you confront and conquer financial fears, shift from a scarcity to an abundance mindset, and develop a more positive relationship with money. We also talk with her about the power of giving and its positive impact on subjective wealth and get to hear some incredible real-life stories of individuals who experienced profound transformations after implementing these strategies. Here’s what we’ll discuss in this episode:Having a relationship with money + the four key areas to be aware of regarding money. (3:19)How poor money messages impact women’s relationships with money and the importance of being financially conscious. (9:36)Getting quiet to develop intuition. (18:06)Why is money anxiety such a big problem? (21:31)Some tips for breaking away from money anxiety. (24:19)What Ellen’s consultations look like + some amazing client transformation stories. (30:18)Learn more about Ellen:Get a FREE copy of Ellen’s first book + other helpful resources:https://www.ellenrogin.com/goodiesListen to Ellen’s TED Talk:https://www.youtube.com/watch?v=Hd9hcBHN77gEllen on Purse Strings:https://pursestrings.co/professional/ellen-rogin/Ellen on Linkedin: https://www.linkedin.com/in/ellenrogin/ Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Welcome back to Women and Money: The Shit We Don’t Talk About! In today’s episode, we are joined by Meg McKeen, CIC. Meg is the founder of Adjunct Advisors. She’s a financial expert that has been in the industry for over 20 years with a focus on insurance. In this episode, Meg shares her personal journey of breaking away from traditional expectations and finding alignment and fulfillment in her career and personal life. She reflects on her transition from a traditional job in the insurance industry to starting her own consultancy, which allowed her to work on her own terms and live by her values. We explore her decision to leave her long-time home in Chicago and embrace a digital nomad lifestyle, traveling around the country while running her business.  Through careful planning and letting go of material possessions, she shares the freedom and joy she’s discovered in being present and finding happiness anywhere. Join us as we delve into her inspiring story of taking risks, embracing change, and finding contentment in the present moment.Here’s what we’ll discuss in this episode: Meg introduces herself and shares the journey that led to Adjunct Advisor. (2:58)How Meg started her digital nomad journey. (8:44)How Meg has gone about planning her traveling journey. (17:21)What finances look like as a digital nomad. (26:31)How Meg runs her business while traveling at the same time. (32:55)“Be open to twists and turns...” Meg’s advice to our listeners. (42:48)Check out Meg's podcast!Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
We’re sitting down with a Purse Strings-approved professional today, Brittni Sennett, MBA. Brittni is a financial advisor at Northwestern Mutual whose mission is to inspire women to think bigger about their finances. She joins us on this episode to share her inspiring story and her dedication to empowering women in their financial lives.  After Brittni tragically lost her mother to cancer in her early twenties, she was faced with the responsibility of making end-of-life decisions, like managing financial matters and dealing with outstanding debt. Join us as she sheds light on the challenges she faced, the lessons she learned, and how this experience forever changed the way she thinks about financial preparation. Stay tuned for a powerful conversation about being proactive with your financial life and the importance of having vulnerable financial conversations with your loved ones.Here’s what we’ll discuss in this episode:Brittni introduces herself and shares her story. (2:20)How losing her mom changed Brittni’s life. (8:13)The importance of talking about money with your family. (12:59)The guidance Brittni gives to her clients now. (17:32)The importance of being proactive and speaking up in your financial life. (21:24)Don't procrastinate having financial conversations with your loved ones and getting your documents in order.  (28:51)Learn more about Brittni:https://www.northwesternmutual.com/financial/advisor/brittni-sennett/resourcesEmail: Brittni.sennett@nm.com Free Family Emergency Binder:  https://pursestrings.co/feb-download/Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
Today we have the pleasure of being back with Cathy Sikorski, Esq. Cathy is an elder lawyer, but now majorly uses her knowledge and skills to speak and write about all things financial care in aging. Cathy has been a caregiver for the last 20 years and has an extensive background in dealing with Medicare, Medicaid, and Social Security. She’s also always sure to keep us laughing!In today’s episode, we will discuss the impact of the aging demographic in America, where over 10,000 people are turning 65 every day. We’ll explore ways to prepare for this reality and make the road smoother for the daughters who will statistically bear the brunt of caregiving responsibilities in the future. Cathy will also discuss the impact of the Secure Act 2.0 on the long-term care space, the importance of having a power of attorney, and why you need to work with experts when dealing with your financial future. As always, Cathy has an amazing wealth of knowledge to share with us today. Don’t miss this impactful episode where she shares why women need to step up and speak up in order to create a beautiful financial future for themselves.Here’s some of what you’ll learn in this episode:Cathy shares more about herself and explains the difference between an elder lawyer and an estate lawyer. (2:24) The impact of the aging demographic and the importance of setting up the next generation for success. (4:34)How the Secure Act 2.0 affects the long-term care space and the importance of a power of attorney. (10:03)Cathy discusses the impact of the Social Security raise. (19:10)The importance of talking to a Medicare expert. (22:09)Cathy talks about when to take Social Security. (25:24)Learn more about Cathy:https://cathysikorski.com/https://www.linkedin.com/in/cathysikorski24/  Email Cathy for your 30-minute conversation: cathy.sikorski@gmail.com Check out 12 Conversations  Check out Who Moved My Teeth Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/ To learn more about money and access additional episodes, visit us online: https://pursestrings.co/
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