Confident Money

Here, I will help people just like you increase their understand fo money, finances, and accounting and gain the clarity they need to make bold money moves with confidence. You'll learn how to take control of your finances, drop your shame, and make decisions that move you forward.I'm here to disrupt the narrative of how we interact with our money.In season 1, we'll be covering business finance do's and don'ts.Send me a DM on Instagram @katelyn.magnuson!

Have you worked with accountants or lawyers that use language around money that doesn't make sense to the average person? We're here to remove the stigma around money conversations for everybody.We're going to focus on how to stop ignoring your money and burying your head in the sand. Taking control of your finances and how you show up in life will give you more energy, excitement, clarity, and confidence. This season we're diving specifically into your bookkeeping, accounting, and registration so you really understand how to do it right. We'll talk about wealth building with regards to building your business, investing in yourself, retirement, family and more, while securing and protecting our bag.We fill in the gaps and knowledge to help guide our clients towards the goals that THEY want - not what they think they should want. This isn't your parents' financial advice!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

My company, The Freelance CFO, has been around in various iterations for about 10 years now, but I really went all in full time at the beginning of the pandemic in March of 2020 after being let go unexpectedly from my day job. Because I had a solid financial foundation in my business, I was able to survive and thrive.Cliches aside, I want to change the world. I want to change the way our workforce is treated and in order to do that, I needed to create my own workforce.If you are still working a corporate job and that's benefiting you, great! If you decide to job hop or leave corporate altogether, remember that it's a transactional relationship. Don't feel guilty for your coworkers or your boss. When it's time to go, it's okay to let go.Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Would you take money advice from a crusty old white man using technical jargon? Me neither. Finances are gate-kept and overwhelming, for no good reason.Let's take a step back and investigate our money beliefs. For one, that all debt is bad - it's not. Debt is just a decision to borrow money, for a fee. You don't need to pay your mortgage off to be financially responsible. Long term, it's actually better to invest more into retirement than it is to pay off your mortgage early. Make sense? I'm tired of traditionalists treating online businesses like they aren't valid.Let's improve your financial knowledge and confidence. Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Not treating your business like a business could be costing you tens of thousands of dollars in taxes every year.First, you need to separate your finances. Keep your business account separate from your personal account. Mixing finances is called “piercing the corporate veil,” and that can render your LLC protection essentially useless.Also, if you aren't keeping business expenses separate, you could be missing a LOT of tax deductions come tax time. If you can't tell what expenses are personal and which ones are business, how can you deduct them? You can't!When making business decisions, are you looking at your numbers first? What if the one offer you weren't excited about anymore turned out to be your #1 bestseller and you dropped it and lost all those sales? Do you understand where your profits are coming from?Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

There are a million tips out there, like: Save your receipts. Contribute to retirement. Be an S-corp!The problem is there's no "why" behind those. If you don't know why you're doing those things, you're going to miss out on a lot of tax deductions. You can go through the motions, but you aren't making money moves that support your life goals. Blanket advice is one-size-fits-all and everybody's goals, business, household, goals, and priorities are different.Once you have some things documented and categorized, the first report you'll need to understand is your income statement, or your profit-and-loss report. Income, minus expenses, equals profit. Seeing what goes on from month to month will allow you to see patterns and plan accordingly. Now, you will be taxed on that profit line, even if you didn't pay yourself that much.Another report you need to understand is your balance sheet. Assets and liabilities, what do you have and what do you owe? This report is where your owner's draw, or owner's pay, will show up. So you can do all the things, but if you don't understand the strategy behind it you won't be able to make the moves that will move you forward.Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

We've chatted about why you need to really understand your numbers, now it's time to go deeper with your infrastructure and foundation.Business entity types - should you be a sole proprietor, LLC, or S-Corp? Don't just go to legalzoom - understand what each of those is and what you actually need. Get registered with the IRS and your state, and possibly your county.Set up a business bank account.Set up contracts and insurance if you need to have liability or errors & omissions insurance.Make sales! Track everything the way we've discussed.If you decide to pay estimated quarterly taxes, do it personally through your SSN, even if you have an EIN! You don't need to file separate taxes until you're an S-Corp.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Get your notebook - today we're diving into the different entity types and what they all mean. Some things you need to consider: Are you planning to continue this business, or are you just dipping your toe in?Do you have employees or contractors? How much profit do you expect to make in a year?Do you want to do all the registrations yourself or do you want help? Do you want your home address listed publicly?Listen for definitions, recommendations, and tips to sort all this out, because it's a lot!We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves

Now that you've narrowed down what entity type fits best, it's really common for entrepreneurs wonder about the best way to pay themselves. For sole proprietors, single member LLCs and partnerships, for the most part you can't pay yourself wrong. You'll be taxed on all of the profits either way, whether you pay yourself all the profits or leave them all in the business account. For an S-Corp election, you will need to run payroll in order to get the tax benefits. I recommend using Gusto* for your payroll. As for timing, you can set that up however works best for you. Just be aware that as an S-Corp you can't just transfer money to yourself without either running it through payroll as a bonus or writing yourself a check as a profit share.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. *FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

This is an information heavy episode, so get ready to take some notes!First, calculating how much your business should make based on your personal financial needs. Start with listing all your personal expenses like rent and utilities, then add 20%. That's a starting point for the amount of money you need each month. To find your business revenue goal to support that, double that number. That's your revenue goal in order to cover your owner pay, business expenses, and 20-30% saved for retirement and taxes. This is just a starting point, so adjust as needed.Now, the big F-You to “profit first.” On paper, it sounds like a great idea, but in reality it's much easier to mess up when you're trying to do it yourself. Most businesses getting started aren't making enough profit to support this system, so there are more transactions happening than necessary just moving money around. I recommend 1 checking account, 1 savings account, and 1 credit card for your business.How can you make things simpler? Can you set some bills on auto pay? Does traditional budgeting work for you or not?We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

I can see the eyerolls now… quarterly taxes. You shouldn't be thinking about taxes only during tax season. You may think that paying taxes quarterly would be an even 3-month rotation, but payments are actually due April 15th, June 15th, September 15th, then January 15th of the following year. If your state does income taxes, their dates may be different.Paying quarterly estimated taxes is just another way to pay your tax bill. It actually means you don't have a massive tax bill in April that you may end up having to put on a credit card or payment plan. There are other ways to go about paying it, so make sure you check with your tax preparer about that. If you would like help from me and my team, you can reach out on Instagram.Now understand, quarterly estimated taxes are just an estimate! You won't know what your total taxes owed are until your taxes are filed so if your profit was different from last year, the estimate won't necessarily match. Paying the estimate allows you to avoid underpayment penalties from the IRS - that's it. You may still owe at the end of the year if your business grew, or you may get a refund for overpaying if there was a dip in sales.Inside my course, there's a tax calculator that will help with this. Overall, I still recommend that you meet with your trusted tax professional once or twice a year outside of tax time to make sure your entity is correct, retirement is set up correctly, you're not missing anything, and if anything needs to be changed before the year closes.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Today we're going to talk about bridging the gap between personal and business finances and creating habits and systems that are sustainable across both, because they're not completely separate things. What is your actual end goal? Hint: it's different for everyone!Are your offerings aligned with what you're good at, what you like to do, and what is profitable?What feelings come up around money? Is your energy calm and collected towards both your personal and business finances?Having clarity, ease, and comfort with your personal and business finances are really important because they are so interconnected. Once you're all set up the way I've outlined here (and if you already have, I'm so proud of you!), there's a constancy, predictability, and confidence that comes with that. I challenge you to go do one small thing, right now, that moves your finances forward. We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

It's tax season… do you have your finance shit together? Do you have the right designations and deductions in order? The good news is that you have me! We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

I'm back for Season 2! This season will cover all things personal finance, including:What the diet industry and personal finance have in commonHow to YOLO and treat yourself and still reach your goalsHow to make a savings planLeveraging debtHow to job hop and side hustleLimiting beliefs that may pop up We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

It's not a riddle - I'm serious! As someone who has done the diets and programs and yo-yoing in general with my own health, I have found that there are a lot of similarities between the diet industry and the finance industry.Lots of restriction often leads to binge spendingLarge, long-term changes don't happen overnightResources available play a large roleDrastic changes are harder to sustain long-term Not everyone has the same goals. Take a look at what your life looks like right now, then look at your 2, 5, or 10 year plan and work backwards. What small things can you do to work in that direction? What does that look like today? Or next month, or next quarter? Those lofty goals can seem a lot more attainable when you break them down that way.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

When it comes down to it, no matter how frugal you are, if you're not making enough money to cover your expenses, your money isn't going to work for you the way you need it to. The thing is, you can only cut expenses so far. Bottom line is that you need more income. I do have a few tips for how to make the income-expense gap larger:Every few months, check your subscriptions. Did you start a free trial and forget to cancel? Is there a service you only use seasonally?Don't cancel things you get joy and happiness from. It's not worth the hit in quality of life.Negotiate for a raise, start a side hustle, or pick up a couple extra shiftsYour best negotiating position comes right before getting hired somewhere - job hopping is actually great for your career! We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

Today we're talking about what I call the “anti-budget.” If you've tried every budget solution under the sun and are still struggling, this episode is for you.The basic Anti-Budget system is like this:Money comes into your account.Prioritize bills that are due.Automate retirement, savings, or debt paydown goalsThe rest is for you.If you're paying yourself, that means that you can choose when to pay yourself and plan which bills come out of each pay period. And remember, most of your due dates can be moved!If you have an employer and are able to split your paycheck into separate accounts, that's a really easy way to contribute to your savings goals. If that's not an option, then do what you can to automatically transfer to savings so that it's out of sight, out of mind. Adjust the automated transfers as your income changes, and even adjust your goals if needed.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

There are many different kinds of debt, like student loans, mortgage, auto loan, credit cards, et cetera. I have a system for prioritizing how and when to pay those off, so get something to write with.First, write down each type of debt, the interest rate, minimum monthly payment, and payoff amount. Once you can see them all, put them in order from highest interest rate to lowest. In general, your goal is to pay off your highest interest loans first, before aggressively saving.I'm not in the “debt is bad” camp. I firmly believe that debt is a tool. If you have a low or 0% interest loan, it may not be worth it to pay it off. It may be better to keep to your payments and invest the extra.There are many variables here. For example if you're looking to buy a house, the mortgage company is going to look at your debt ratio and the monthly mortgage payment they would qualify you for. Making a payment towards a debt will help your credit score, but if it's not enough to pay it off entirely that payment will still be considered part of your debt ratio so that doesn't make sense. It may make more sense to put that amount in savings or an investment.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Investing doesn't have to be scary, and you don't need a huge amount of money to get started. Just know that you're really missing out if you're only using savings accounts. Even high-yield savings accounts don't keep up with inflation.Looking at retirement investments like IRAs, 401ks, or 403bs, you'll have to choose some investment funds. Over a 10-year span, the stock market has always gone in an upward trajectory. I'm not talking about day trading, I'm talking about the long haul.If you have existing accounts right now, you should go in and make sure they're properly invested in funds in the stock market so that they can actually grow!Whether you're using an investment broker, a fiduciary, or a roboadvisor, do some research on Socially Responsible Investing and Environmental Social Governance investments and stocks and decide how important that is to you. How do you get started with investing?If you have a retirement plan through an employer, make sure you're getting the match. If not, get an account set up.Diversify. Retirement accounts have tax advantages because they have to sit there until you're 59.5 years old. Using a brokerage account can fund your future before you hit that age.Leave it alone! The magic is in the compounding interest.What's the opportunity cost in not having your money invested?We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

More than ever before, it's important to put a plan in place to make you feel financially secure, even with all the uncertainty all around us right now. Personally, I'm working towards being “work-optional” in the next 15 years. I want to have enough cash-flowing assets that my living expenses are covered, not needing to touch retirement accounts, and whatever work I do is gravy.Depending on where you are in life right now, your steps probably aren't the same as mine. Maybe you're just getting started on retirement, maybe you're in survival mode and can't be putting a bunch of money away into savings right now. Give yourself grace. There's no sense in shaming yourself.How to get started on a savings plan:Start really small. Pick no more than 2 savings goals. Automate whatever you can towards that.Check in every few months and see if you can fit larger contributions into your anti-budget right now or not. Maybe your goals will change, too.If you get a raise or take a better-paying job, split your raise amount 50/50 so that you can enjoy your money as well as bump up your savings.There's no sense to be depriving yourself of everything you love right now just for the future. Strike a balance between deprivation and YOLO. Set goals that make you feel safe and taken care of, and start there.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

In this culture of hustle and burnout, it's easy to forget to have fun, plan time off, and have boundaries. There's a time for “responsibility” and a time for YOLO.You have your own YOLO, treat yourself things. They look different for everyone, especially considering where you are with your business and financial situation. It may be like when I started scheduling one facial treatment a quarter. Maybe it's a weekend away, and it'll evolve over time.Pick at least one, preferably a few, of your favorite self care activities, earmark some money and schedule the time for yourself. Prioritizing that now makes it a habit that helps you be rewarded and taken care of in the here and now. One thing to be careful about is impulse spending. Prioritize spending into a Punett square of need and time sensitivity. If it's needed and urgent, and your finances allow, buy the thing. If it's needed and not time-sensitive, maybe make a savings plan for it. If it's a want and not urgent, leave it in your cart and if you're still thinking about it in a week or 2, then go for it. Prioritize.Consciously spend in an aligned manner.Plan in taking care of yourself.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

A lot of what I do is making personal finances personal. I don't agree with financial gurus that sell you their step-by-step programs because they don't take personal goals and circumstances into account. I'm going to give you several different options for you to try out and use whatever works best for you. Decide your time frame. What feels lightest for you?Prioritize 2 goals for that time frame, then work backwards. What can you be doing today to move forward?Look at overall income. Are you bringing in enough to support those goals?We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

Decades ago, the standard career track looked like staying in the same company, climbing the ladder, for the entirety of your career. That's not very realistic anymore. For many of us, we get itchy to move on after a few years. That can actually work to your advantage. When you get a new job offer, I believe you should always, always negotiate. You're in the strongest position to negotiate when you have a current employer, plus it's more of a safety net for you. Job hopping can open up some unique educational and growth opportunities that you otherwise wouldn't get from staying at the same company.You don't owe your employer future projects. If the arrangement isn't mutually beneficial anymore, it's okay to move. Pay, benefits, leave, title, all of these are negotiable.Make sure you're following us on Instagram because soon we'll have some cool group offerings coming out and we'll be going deeper into some negotiating scripts that you can use with your employers.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

I came from a family with a lot of limiting beliefs around money. Rich people were considered bad, greedy, and evil. When my deep-seated belief was that I always had enough money, then I always had just enough money. In working through that, I realized that I was energetically unavailable for the abundant overflow of money that I desired.Basically, the brain can't tell the difference between visualizations and memories. That's why visualization exercises can be so effective. Are you feeling that you're not quite worthy to have more than enough? Have you accepted that “people won't pay that much for this?” Whatever comes up, ask yourself why and dig deeper. Where can you disprove that theory? Find someone who does charge that much for that service and use them as proof of what could be. Practice gratitude because the more you notice things to be grateful for, the more you will find.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

Today I have Emily with me and she's going to help us talk through some scenarios and possible personal financial blueprints from real life examples. We're going to look at the goals for each family, prioritize those, and outline some recommendations I have to help move them forward.We'll talk about some possible plans for:Jason, married, 27, no kids, plans to buy vehicles and rental property, and have some investmentsHeidi, married, 45, no kids, plans to be semi-retired by 55 and live near the water, pay off house by age of 50Cassie, married, 29, no kids, currently renting and looking to purchase a home and possibly a rental property, We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

Welcome back! I had intended to only take a week off between seasons, but I realized that I had placed too many expectations on myself. That's what I'm going to talk about in this episode.As businessowners especially we tend to set high intentions for ourselves. There's a time and place for that, like tax season in my business, but there also need to be seasons of rest. Where have you been placing unrealistic expectations on yourself? Are you allowing yourself to rest? We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie productionMentioned in this episode:nullJoin our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Join Our Community

During this little mini-season I'm talking about topics that have impacted me personally. Today's topic is a tough one: setting boundaries.If you're not used to setting boundaries, it may be difficult to do and enforce. You may set one too far one way and have to back it off because it's not sustainable. It's okay for boundaries to shift depending on what season of life and work you're in. Realistic boundaries can look like setting your client work days, turning off your phone overnight, using your paid vacation time and not letting yourself work while you're off, or it may even look like changing jobs when the company you work for doesn't respect your time. It's okay, and necessary, to set healthy boundaries for your life and for your business.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Most things in life move in seasons. For me, that includes my business and work/life balance. In this episode, I'll talk about the seasonality of my business, the way I'm feeling right now, and how my life balance shifts with the seasons.I have built my business so that there's a busy season, a rest season, and gearing up, and during some months we work more than others. I've tracked my cycles so that I do my creative work during certain weeks and keep my client calls during the other weeks. I allow my team to shift responsibilities as our work evolves, and I encourage them to make sure they're resting and taking their vacation time.Where are you noticing cyclical or seasonal changes in your life or business? How are you implementing changes within those?We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Today we're going to discuss recession, what it is, and what to do during one. Spending is down, the stock market isn't performing, inflation is out of control, interest rates are higher than we've seen since 1994, and we feel the effects everywhere in the economy and not just in the US. It comes down to how we're each living our lives financially. Do we have enough built up in our savings? Can we decrease spending on wants so that needs can be met?Some common things that happen during a recession are:Inflation goes upConsumer spending goes downHiring slows down and may even freezeMany people decide to go back to schoolUnemployment goes upIn 2008, when the housing market crashed housing prices massively decreased. It doesn't look like that will happen this time. We have already been through a global pandemic which has changed the economic situation dramatically, so many of us are still trying to recover from that. Only time will tell what happens from here.My guest Brock is our tax strategist here at The Freelance CFO. Join us next week for part 2 where we'll walk you through some anxiety reducing measures to help you through this difficult time.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Following up from last week's discussion about recession and what it is, I'm back with Brock to talk about some strategies we can use right now to prepare.Millionaires can be made during recessions. Opportunities abound for those who are able to take advantage of them.There's a few things we recommend:Have 3 months of minimum monthly expenses saved upDon't bail out on your investments, but don't check them all the time eitherMake business decisions logically, not just emotionallyDon't react to the panic!Invest in some technology to save you costs laterFinances can be scary to look at, but it's especially important right now. We have 2 opportunities available to you to help!Free 5-day Get Your Money Right Challenge: https://thefreelancecfo.kartra.com/page/GetYourMoneyRightChallengeBrock's strategy session: https://thefreelancecfo.biz/consult-callsWe cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Join our community at confidentmoneypodcast.com where we'll share tips and resources, and you can suggest topics for future episodes.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Today, we're going to dive into student loans, the moratorium, and types of debt. Student loans, although they are considered a “responsible” debt, can still seem crippling.Here are some things to consider concerning student loans:If your loans aren't federal, then the moratorium on interest and collections does not apply.If you refinance or consolidate your federal loans, the moratorium won't apply.If you continue to make payments through the moratorium, there will be less principal to charge interest on when interest does kick back in.If you're considering college right now, get in touch with alumni, people in the field you want to work in, and the financial aid department at a local community college before enrolling. Make sure that it makes sense for your goals and your situation. More schooling doesn't automatically mean more pay.We've been gifted some flexible time to revamp how we want to prioritize our debts, so do your research and understand that the college-to-career path isn't the only valid path.We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Welcome back to another mini-season of Confident Money! In the next few episodes I'll be talking with Kyle Seagraves, Certified Mortgage Advisor, Licensed Loan Originator, and full-time home loan educator.In this episode, we'll cover:What credit scores are and what they meanThe difference between a soft pull and a hard pullDifferent types of loansWhat credit score numbers to aim forWhat kinds of credit you should have when applying for a mortgageHow much credit history you needConnect with Kyle:On YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Today we're going to get into the nitty gritty of the different types of home loans available, what credit scores are required to qualify, and we're going to debunk some myths.Kyle and I will cover:Conventional loansMortgage insurance and PMIFHA loansVA loans for veteransUSDA loans for rural areasJumbo loans and loan limitsBank statement loans and down payment assistanceFinding the right loan officer for youConnect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

It's very tempting to house shop online and crunch all the numbers yourself before taking any steps in buying a home, but don't wait around just because you aren't sure. Talk to a loan officer first and see where you're really at. Remember, the pull on your credit will only affect it by a few points.Talk to 3 lenders. Start with a big bank, then a local credit union, then a brokerage so you have 3 options. Your credit report will last around 4 months and closing will take about 30 days, so you have about 3 months to shop for a house once you have your preapprovals. Just make sure that you talk to your loan officer first before you make any big changes like changing jobs, buying a car, or financing a bunch of furniture.Connect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Now that we've discussed how to apply and qualify for a mortgage, now we're going to talk about what all the numbers mean and how you can look at your budget to realistically afford to buy a home.We'll go into detail about:Debt to income ratioDream home versus starter homeUpfront costsHow to choose between a 15 year and 30 year loan termBudgeting and investment strategiesHow to use points and what that means for the interest rateDon't let the payment estimators online fool you. Make sure you talk to a loan officer before you really factor in your numbers because Zillow won't do that for you.Connect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Welcome back to another episode with Kyle Seagraves, Certified Mortgage Advisor, Licensed Loan Originator, and full-time home loan educator. In previous episodes we've talked about the logistics of buying a home, so in this episode we will go through some strategy tips and common worst-case scenarios.How long you'll need to stay in a home for the appreciation value to catch back up if the market slipsWhat to do if you have to move but can't sell your house yetHow much of an emergency fund to save up firstSelf-employed income versus W2 income for getting approvedTax reduction strategies and how they affect the ability to get approvalsIt can all feel very overwhelming because it is complex, but sometimes in our minds we can overcomplicate things. Start with a conversation with a loan officer first, then make a plan instead of trying to figure it all out yourself.Connect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production

Is the housing market going to crash like it did in 2008? In today's episode Kyle and I will discuss the similarities and differences between the 2008 housing market and the current housing market so you can make smart decisions.Historically, home value increases over time, usually around 4% per year. This appreciation is closer to 18-20% over the last few years. There was a similarly large increase in home values before the 2008 crash, so it's understandable that people are wary.The big difference is that in 2006-ish, there were a lot of bad loans being made, a lot of predatory lending practices being used, and since then a lot of safeguards have been put in place. At this point, it's probably not worth waiting for prices to drop because the current appreciation is based on supply and demand. Historically, even if you did buy your house at the height before a drop, it only took 3-6 years for the value to come back up so you could break even.Education and planning is your best bet. Make decisions for the long haul, and stick with them.Connect with Kyle:Purchase Price Calculator: https://www.winthehouseyoulove.com/max-purchase-price-calculatorLoanClarity Advisor: https://www.winthehouseyoulove.com/advisorOn YouTube: https://www.youtube.com/c/WinTheHouseYouLoveOnline: https://www.winthehouseyoulove.com/We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!Now Open: Money Mavens group coaching program! There's a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.Enter to win a free strategy session with me! Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.Music credit: Neon Fairies by Wolves A Podcast Launch Bestie production