Her Money Story Podcast

Financial freedom is within your reach, but what's keeping you from pursuing it for you and your family? I want to talk to you about the three ways women hold themselves back as far as money is concerned. Key points covered in this episode:  ✔️Women hold back when money is concerned because of these lies we tell ourselves.  The first lie we tell ourselves is that "we're lazy", and that's why we're not doing what we need to. Second, "we're crazy" for even trying to go after a big goal. And third, that "we're greedy" for even wanting to have more in life.  ✔️ Identify mental triggers that spur money disasters. So you fight with your husband, or your boss yells at you. You get so upset and comfort yourself in the way you are so used to doing — shopping! Knowing that it can be against your best interest, you still do it to feel good at the moment.  ✔️Fix your money problems by first clearing your mental head trash.  Is this how your thoughts go? "I'm just not good with money."  "Getting out of debt is just so hard." "Investing is too technical and hard to understand." Unless you first clear your mind and get your fixed beliefs out in the open, you cannot resolve your money problems.  _______________________________________________________________   Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Felicia Gopaul is a Money Confidence Catalyst and author of Amazon's best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders." She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session  

We cannot hold our future hostage to continuous inflation, crisis and economic instability. My friend, it's time to build the path towards financial freedom right now, regardless of where you are in your wealth-building journey. Learn 3 Ways to Build Financial Freedom Income  Key points covered in this episode:  ✔️#1 Create a business around your expertise. I'm a financial planner, so my expertise is financial planning. So I want you to think about what's your thing and figure out whether or not you can create a business around it.  ✔️ #2 The stock market. The easiest way to do that is through dividend-paying stocks. The place that I would have you go to is https://www.suredividend.com/. It's a great resource to get started.  ✔️ #3 Real Estate. Now I'm going to give you an unusual idea to do it is by becoming a home inspector. It's not the typical thing that you would imagine, but it's a great way to learn the real estate industry and take advantage of that for yourself without putting a lot of your money into it.  If you're interested in some of the other ideas we have inside our Financial Freedom Fundamentals course, find me on LinkedIn. You can reach out to me at Felicia Gopaul or reach out to me via text at 9495351011, and I will send you the other seven ideas that we've got to get you started with creating financial freedom income.  _______________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Felicia Gopaul is a Money Confidence Catalyst and author of Amazon's best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders." She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session

Today's topic is something people often avoid: estate planning.  I was recently meeting with a new client and her fiance. As I was reviewing their current planning, I discovered that they hadn't started talking about their estate planning. No one likes talking about what happens after they pass away. But the reality is that we all need to ensure our assets go to the right hands. In this episode, Portia Wood gets into the nitty-gritty of the concerns and circumstances of creating wills, trust funds, and prenuptial agreements for engaged couples, Black and Latino families, the LGBTQIA community, and singles. This is one episode you don't want to miss! Watch Her Money Story — THE SECRET SHAME OF MONEY MISTAKES with Katherine Lankford ▶️ Key points covered in this episode:  ✔️  Prenuptial agreements and trust funds are not evil. These words bring the images of a wealthy man and a gold-digging wife. Or spoiled rule-breaking brats. But these plans exist so that our wishes and loved ones are honored when the time comes. ✔️  Most African-Americans are passing on negative wealth. For Black families, generational wealth seems unattainable. Statistics have proven that each generation of African-Americans starts from zero. Portia Wood has created the Black Trust Fund Kids to normalize intergenerational wealth transfer. ✔️ No matter your background or family type, you should have these 3 things in your estate plan when you're 18. Have a property power of attorney, healthcare directives, and a distribution plan. ✔️  There is a lack of financial literacy. Unrestricted inheritances are typically squandered in 3-5 years of receipt in Black communities. Other challenges like incarceration hinder the accumulation of wealth. ✔️  Good talent and ideas get stuck because of responsibilities and no safety net. Children with parents that utilize a trust fund are set up for success. Estate planning affords them their basic needs as they pursue their dreams. ✔️  Estate planning allows you to give your loved ones financial freedom. We would want our future children to have the ability to not have to trade their time for money. Portia Wood of Wood Legal Group, LLP is a founding partner of an African-American mother-daughter estate planning firm focused on using all the tools at their disposal to close the information gap that keeps families from leveraging and protecting their assets to create generational wealth. They serve all families, with special attention to the unique needs of Black, Brown, and LGBTQ families.  _______________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."   She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session

Today, we will talk about a rarely discussed topic: the intersection of money and shame.  I first got interested in this when I read an article in 2016 by Neal Gabler in the Atlantic titled "The Secret Shame of the Middle-Class", as it resonated with me both professionally and personally.   I've had my share of making shameful mistakes in my own finances, and, similarly, my clients and prospects too beat themselves up for it. In this episode, we get raw and real with Katherine Lankford to talk about experiencing a mortgage trifecta during the meltdown of 2008 when she had to close down her mortgage business, make a short sale, a deed in lieu of foreclosure all in a short time frame. This is one episode you don't want to miss! Watch Her Money Story — THE SECRET SHAME OF MONEY MISTAKES with Katherine Lankford ▶️ Key points covered in this episode:  ✔️  We need to stop whispering & start talking about financial failures to help other people. When she was going through the mortgage trifecta in 2008, Katherine Lankford asked herself how a smart, educated woman like herself ever ended up in that situation. She shares her mindset to survive, how she turned around her situation, threw off the shame, and is now thriving. ✔️  So many of us were never taught financial literacy when we were younger. We've seen and experienced how money mistakes have made entire generations poor quality of life. Today, there is more focus on starting financial education programs for children. Teaching how to budget, save, eliminate debt and start investing has become essential life skills. Don't wait until you are 30, 40, 50 or 60 to learn hard lessons; instead, look at the experience and mistakes of others and take charge of your financial habits now. ✔️ Some people try to hang on for so long to their properties and end up relinquishing even more money than they had to lose. It would be best if you cut your losses to go out less hurt in dire situations. ✔️  It takes time, intention and being fierce about protecting your credit and rising back up. There is no quick fix to everything. Through study and implementing financial strategies, Katherine was able to pay off thousands of dollars of credit card and student loan debt, build up her savings, and increase her credit score.    ________________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session

There is more than one way to become successful and to achieve the dream of becoming a millionaire! In this episode, I am excited to share my inspiring conversation with the accidental millionaire, Michael Dillard. Raised by a single parent and living a portion of his life in poverty, he now teaches the new generation the wisdom he earned about creating money and building generational wealth.  Tune in to and learn more in this new episode of Her Money Story —The Accidental Millionaire with Michael Dillard. Key points covered in this episode:  ✔️ From collecting food stamps in the mail to being able to enjoy a nice, comfortable retirement. Educator and professional coach Michael Dillard is living the life he then didn't see coming. He shares how he went from being unemployed on a Friday to becoming a Foreign Service Officer on a Monday. He tells the details of his story and the blueprint on how you too can overcome setbacks in your life, career, or personal finances and create a vision plan in the book ACCIDENTAL SUCCESS: Accidental Millionaire Retirement.    ✔️ On getting insurance and the YOLO generation.  We don't live in Disney World — real stuff happens, and you've got to be financially prepared.  Remember, you got to have the money in the bank to take care of short-term emergencies. And it would be best if you had the insurance to take care of the catastrophic things. Having these things in place means that you have a safety net to go out and live the vision you're creating for yourself. ✔️ Financial freedom is not having a ball of debt tied to your ankle when you wake up. For many people, waking up and saying, "I like being alive today" is a luxury. Much of the headspace is taken up by bills, and debts need to be repaid. Making good money choices today determines your peace of mind and future happiness.  Michael Dillard was born in Portsmouth, Virginia, and raised in Clarksville, Tennessee. Michael graduated from Northeast High School. From age 7, he was raised in a single-parent house when his parents divorced. The U.S. federal program called Upward Bound motivated him to develop a vision for his life. It provided tutoring and cultural exposure while in high school on the campus of Austin Peay State University. His book, Accidental Success, is for someone stressed out with their life, career, or personal finances and needs the motivation to get up and get going.  The book contains the inspiring real-life story of Michael Dillard and the secret formula that he used to go from unemployed on a Friday to traveling around the world as a Foreign Service Officer (what he calls an Accidental Diplomat) on a Monday. In addition to being an author, Michael Dillard is an Executive Coach. He completed his ICF executive coach training from the Center for Executive Coaches. One can book or schedule a coaching session with Michael at www.madillard.com.  ________________________________________________________________ Felicia Gopaul, CFP, is the Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."    She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session

Many of my clients and the listeners of this podcast aspire to be financially free. But my guest Deana Denton says that what we should dream and work for is SOVEREIGNTY. So today, we will dive deep into this concept and what it means for you today, and what is possible if you expand your vision of what TRUE FREEDOM could mean in your life. Key points covered in this episode:  ✔️ We are looking at a future where the power lever will be moved from governments to individuals. This is the insightful and interesting point that Supply Chain Thought Leader, Entrepreneur, and Real Estate Investor Deana Denton tells us to anticipate. "Governments are truly going to have to compete and market themselves, and legislation and lobbying will be more democratized because you're going to have to meet the demands of the majority and not a minority, which is how our current system is set up." ✔️ Start opening your eyes and realize that the world is your stage. Take a closer look at opportunities you overlook and fail to translate into the digital way of selling. Remember, your market is so much bigger, open 24/7 hours a day for 365 a year worldwide, and you have to get used to that. Think about making money while you sleep in your own domestic country and potentially everywhere else that the Internet can reach. ✔️  So many young people dream of becoming world citizens, and ultimately, they become better individuals. They have changed perspectives. They don't have these biases because they've seen what it's like to live in other places, and they've seen the value that diversity brings -- a different way of thinking and a different way of living. And it just makes them better global citizens, more empathetic, more insightful, and innovative.   Deanna Denton is a Next-generation Supply Chain process, and digital technology thought leader. Her expertise in supply chain innovation within dynamically evolving best-of-breed ecosystems. She has 30 years of deep knowledge within human capital, consumer product, process industry, life sciences, and public sector technology domains. She is also a Supply Chain futurist and collaborator within 'creator economy' supply chains. Connect with Deanna on LinkedIn https://www.linkedin.com/in/deanaldenton/  ________________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session

It's time to discover your true purpose for money by transforming your investing experience. This is the passion that Sophal Pettit lives for. She is a wife, mother, coach, and co-founder of CSP Financial Group. A survivor of the Cambodian Killing Fields, Sophal is very passionate about helping people get what it means to be free and purposeful around money. She is living her American Dream and is taking a stand for others to do the same.  Join us in an insightful and powerful conversation in this new episode of Her Money Story — The American Dream with Sophal Pettit ▶️ Key points covered in this episode:  ✔️ For the past 27 years, I have personally made and helped my clients correct some of the most common investor mistakes. You may be surprised to find these happen with investors across all platforms, whether it's with traditional investing, robo advisors, crypto trading, and even some of the "savings" apps that encourage people to make these trading mistakes. Every day (maybe every hour), the ads we see by the various financial institutions play into these common mistakes. So much so, people don't recognize they are making the mistakes while they are making them.  ✔️ Our grandmothers and mothers told us not to have all of our eggs in one basket.  We've heard all these stories of people who made costly money mistakes that have put their retirement and savings to zilch. In turn, they work longer than they want and lose time and peace of mind due to making rash financial decisions. What makes someone a good investor? Or a bad investor?   ✔️ One of those common mistakes that we see people make is the fear of missing out. FOMO: the behavior that a lot of us fall into. It affects many aspects of life, but investing with the fear of missing out can be dangerous especially involving financial decisions. We need the right tools to help us stay in line and find a good place or company where we can get peace of mind.  ✔️ The past doesn't guarantee future results. So why would you look in the past for your investment vehicle? And the best way to do this is to stay present and connect with the right type of investor and adviser who can lead you to the right place.  ✔️ Wealth is founded around education. We are passionate about helping you create the life you love by holding educational events that will change how you look at money and how you handle it. The American Dream Experience is happening on October 7th, 8th, and 11th. We would love to have you join us. Reach out to me, comment, or send us a PM if you're ready to take charge and change your investing game for 2022. #personalfinance #financialadvice #money #financialservices  #financialcoach #financialcoaching #invest #investing #investinyourself #investingforbeginners #investmentstrategies #americandreamexperience #AmericanDream #financialeducation #financialpeace #femalefinance #financialfreedom #hermoneystory #feliciagopaul    Sophal Pettit is the Co-Founder and COO of CSP Financial Group, a  premier investor coaching company. CSP revolutionizes investing with breakthrough training and education, empowering families to achieve: Peace of Mind, Abundance, and Greatness. Sophia wrote her inspiring account when the Pol Pot revolution came to Cambodia: From Hell to Heaven: From Surviving the Killing Fields of Cambodia to the Beatitudes of Living in Gratitude.    Connect with Sophal and visit her website www.sophalpettit.com  ________________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session.  

Cryptocurrencies have been promoted as a way to democratize the finance world and include more diversity.   In this episode, crypto investor Nicky Shah shares her 20 years of experience as an investor and shares the ins and outs of crypto before deciding if you will add it to your investing mix. Cryptocurrency For Beginners: Should You Invest Or Not? ▶️ Key points covered in this episode:  ✔️ A recent CNBC/Acorn survey found that twice as many men and women invest in crypto as women, and the current gap exceeds the gap between men and women investors in stocks, ETFs, mutual funds, and real estate. ✔️  Make sure that your foundation and the other pieces of your financial planning are in place before you start crypto. The path to financial freedom requires discipline and planning. It is not the where and how you invest your money but committing to learning and becoming financially wise. ✔️ Crypto is very, very volatile and not for the faint-hearted. If you're not a person that's comfortable with risk-taking or not with volatility, don't trade in a way that will make those conditions present in your life day after day.  ✔️ Nicky posits that the crucial thing that's NOT talked about is the importance of understanding yourself as an investor. "Crypto can be very volatile. And if you're not a person that's comfortable with risk-taking or if you're not comfortable with volatility, then don't trade in a way that's going to make those conditions present in your life day after day. That's not to say that you can't get into it if you've got a different personality from a typical level-headed trader, perhaps. But there are ways around understanding your personality to fit your trading style." ✔️ Learn the fundamental trading skills of using a platform. You don't want to end up shorting or placing a trade in the wrong direction.  ✔️ Get a demo account for whatever trading platform you use and play with that for at least a week minimum. Probably a month is better.  ✔️ Get your timing right. Many people start getting interested when crypto is taking off and get in fear of missing out. They end up buying at the top of the market, and then they see it crash 50 percent potentially within a week. If you're serious about getting into crypto, be patient because there will always be good times to get in. Nicky Shah is an investor and business professional with 20 years of experience investing in crypto, stocks, properties, and startups. She developed a coaching course where newbies can learn the lessons and avoid making huge mistakes. Nicky first learned the hard way. She also teaches how to individually understand your trading personality in any financial investing in your life. Find Nicky on LinkedIn: https://www.linkedin.com/in/nickyshah/  ______________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders." She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  If you want to master your money and go from feeling even a little bit of self-doubt ➔ safe➔ secure & ultimately in control of your financial destiny, apply for a Financial Breakthrough Session at sign up for a Financial Breakthrough Session - https://feliciagopaul.pages.ontraport.net/financial-breakthrough-session. Other Resources: Download the Financial Abundance Toolkit - https://feliciagopaul.pages.ontraport.net/FAT Join the waiting list/sign up for the Financial Freedom Fundamentals course (doors open in the next week) - https://www.financialcontrolmastery.com/fffl2/

President Biden's plan for inherited real estate will impact more families than we think. Realtor Taunee English sounded the alarm that the unintended consequences of the administration's proposals would significantly affect the hardworking middle class.   Key points covered in this episode:  ✔️The proposed tax law changes only apply to those individuals whose income is above $1million, which only affects .03 percent of the US population. But buried in those tax law changes are pressing details most of us need to be aware of. It's the potential change in the step-up in basis on your primary residence, both when you're alive and when you are trying to pass it on to the next generation.   ✔️ The 1031 Exchanges have been a vital tool for mom and pop housing providers to support liquidity and encourage investments.  Real estate investors maximize the use of the 1031 exchange to save on capital gains taxes from the sale of a property. This tax strategy leaves more to pass on to the children and heirs. What happens can be quite the contrary should the Biden tax proposals roll out.   ✔️Reach out, talk to your congresspeople and let them know that you're not in favor of these particular real estate tax changes and the implications that they will have on you and your family.    ✔️ As the government is bent on raising taxes, you've got to pay attention to managing your finances wisely and paying taxes strategically. Master your money and go from feeling a little bit of self-doubt to feeling safe, secure, and ultimately in control of your financial destiny. I invite you to come and apply for a financial breakthrough session with me.  Taunee English has been a Realtor whose niche is probate and estate sales for over 15 years and a Broker for 6 years. She was named 2019 Realtor of the Year for Greater Los Angeles of Realtors Association. Website: https://asktaunee.com/ FB: https://www.facebook.com/AskTaunee IG:https://www.instagram.com/asktaunee/ LinkedIn: https://www.linkedin.com/in/asktaunee/   _____________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

How do you pick the best financial adviser for you? What are the questions essential to evaluate who can help you best in managing your finances? In the previous episode, we talked about doing things differently from what you would typically think. I was telling you what skills to vote for, designations to look for, and questions you should be asking to determine if they're a good fit for you and whether or not you are a good fit for them. Key points covered in this episode:  ✔️ Work with a financial adviser who will not shame or blame you for the fact that you've made money mistakes. Are you a corporate woman thinking about and planning your exit strategy to start your own business? Or have you gone through money mistakes and might want to work with a financial adviser committed to turning things around? The woman I have been serving in the past 27 years is who I am in the past. As a financial adviser, I will never make a woman feel bad about the many mistakes she made in the past because I've made many mistakes myself, so I see you, and I understand what you are going through.  ✔️ You don't want somebody just in it for the money; you want somebody in it to help you grow and build your wealth. What you should be looking for in your financial adviser is somebody with that level of excitement. You don't want somebody who is doing it just because it's a well-paid profession. Consider looking at these five questions when you're evaluating a financial adviser who can be the best match for you: Who do you help?  How can you help me?  Why do you work with people like me? What experience do you have working with people like me? What do you love about your job? ✔️  If you're not hearing the excitement in the financial adviser that you are currently working with, perhaps it's time to find a new one. A recent Bankrate survey says that 55 percent of Americans are looking or thinking about changing jobs in the next year. Many people looked at their passions and circumstances and saw that there is no connection between the two. I'm fortunate because I know and love what I do. I've been doing it for 27 years, and I get to work with women and help them see how to grow and build their wealth and pass it on to the next generations. There is nothing I can imagine him doing today that isn't about that.  ✔️ As we are entering the year's final quarter, it's time for you to start assessing and making changes that you need to make when it comes to your finances. If you are committed to changing things and moving in a new direction, then I am somebody who will walk alongside you as you make that transition. Stay tuned to the Her Money Story podcast to set you up for success in 2022.                     ___________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power. Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

If you consider establishing a relationship with a financial planner, there are the fundamental and best questions to determine if they're a good fit for you. Determine the qualities that you want from that ideal person to suit your needs.  Key points covered in this episode:  ✔️ The first and easiest question to ask is WHO DO YOU HELP? When you ask that question, you can see if their experience works for you. If it doesn't sound like they're talking to you, then move on. Just because they're a nice person, you're on the board with them, or you went to college together are not compelling reasons to start a relationship or keep working with them if you already are.  ✔️ Get a good sense of whether or not they can help you with your unique needs. Not every CFP practitioner does the same thing; some only sold insurance or annuities. Others had the designation but only sold stocks. Some people only worked with people who were doctors, dentists, and some with retirees.  ✔️  Comprehensive financial planning means looking at your finances to ensure all parts and pieces are working for your good. It means looking at insurances, investments, taxes, cash flow, estate planning, and more.  ✔️  I work with smart, educated, professional corporate and business owners who want to be financially independent. In the past 27 years, I have helped women who wish to have the money they need to make the choices they want to make now and in the future.  ________________________________________________________________ Felicia Gopaul, CFP, is the Premier Women's Wealth Builder  dedicated to your financial success! Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com  

As you are sitting and reading this now: think about a friend, a sister, an aunt, or mom, and every other woman inside and outside of your immediate circles who you've seen undergo so much struggle. Whether it's getting divorced, getting downsized, experiencing a major illness, becoming too disabled to work, and finally, dealing with death — these five areas often come as a surprise and wreak havoc on the unprepared and unprotected.  In this episode, I share the screen with financial planner, author, and speaker Janine "JJ" Conway. Lean in as we talk about rising from the fog of despair if you are affected by one of the 5 Ds and take proactive steps to achieve confidence in your ability to manage financially. Key points covered in this episode:  ✔️ Gain control by preparing yourself. The Cinderella Syndrome puts off women to prepare for the unknowable and holding the belief that the man is supposed to provide and manage the family finances. ✔️ Be optimistic but realistic.  You don't want to have a negative mindset when you're looking for a job, dealing with a disease, or just going through a rough time. But staying positive without shifting your finances keeps your recovery further and further. ✔️The generational "no-talk rule" regarding money.  The lack of communication between spouses and parents to their children has most often resulted in detrimental results. ✔️ There are ways to build wealth quickly, repeatedly, and ethically. You don't have to be in poverty all of your life and live in scarcity. You can start today no matter where you're starting from. ✔️ Best Tip: Focus on money coming IN rather than what's going OUT. Shift your mindset. Once you concentrate on what flows in, you expand wealth.  Taking some action toward getting prepared is better than no action.  If you are ready to take a stand for yourself, use my scheduling app to set up a time to discuss how you can get prepared for the 5 Ds. Spaces are limited; schedule your free consultation today. Janine "JJ" Conway is a financial planner who empowers individuals to dump debt and build lasting wealth through financial and business education and coaching. She's served in the Air Force for over 21 years. She returned from a 6-month military trip to discover her house sold and most of her belongings thrown out. That week she signed divorce papers and not only became a single mom but also had to figure out how to deal with over $845,000 in divorce debt. The personal growth and financial skills she used to overcome these life-gut-punches are the same skills she teaches today. Visit https://www.jjconway.org/ ________________________________________________________________ About Felicia Gopaul, CFP Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

It appears you have to pick a side about just about everything, even with money matters. Now, do you belong to the done-for-you group, or are you with the do-it-yourself camp when it comes to your finances? The good news is you don't have to pick a side! In this episode, I discuss three ways you can do financial planning and identify the steps. Key points covered in this episode:  ✔️ The DIY approach works really well when...  your funds are limited and your needs are simple. A couple of books, Internet searches, and a couple of good conversations with trusted friends will have you investing in no time.   ✔️  As your finances change, the increased complexities may warrant working with a financial planner. You have two options to have somebody partner with you and help you make financial decisions that you have no experience of or don't have the time to learn.   ✔️ The done-for-you financial planning option is simple. This option frees up your time to pursue other interests, giving over the decision-making to the right advisor who has the relevant experience to your situation.  ✔️Done-with-you services help you by having someone you could talk to about what's going on with your finances. By doing so, you will learn how to integrate some of the potential changes that might be happening in your life.  ✔️ There is a three-step process that helps you assess whether or not I am an excellent fit to be your financial partner. I invite you to visit https://www.financialcontrolmastery.com/ and fill out the Financial Breakthrough Application.  ________________________________________________________________ About Felicia Gopaul, CFP Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

Are you stuck feeling like there's never enough, that you always have to make sacrifices and compromises and check your bank balance or credit cards before you purchase something that you want? Do you often feel guilty, frustrated, and afraid because money is always scarce?  This video series intends to create what I call a "mini transformation" by taking YOU and other women from where you are to where YOU WANT TO BE in your financial life.  Key points covered in this episode:  ✔️ What would your life be like if money was no longer an issue? Think of where you want to go and NOT where you are coming from in your financial life.  ✔️ Deciding to take the first steps and small changes you take as part of a plan can make a big difference for you and your finances today and in the future.   ✔️ Keep the motivation you need to stick to your financial plan if things get rough. It doesn't have to be expensive, complicated, or intimidating.    ✔️ You have to transform your mind before you can change your finances. Discover the simple steps to the Five Ring Financial Plan and take charge of your future.  ✔️ Only you can make or break your financial destiny. I want to take you where you are right now and arm you with the right strategies and mindset to help you move to a life of ease and grace when it comes to money.  ✔️ My ultimate gift for you is the PEACE OF MIND — to no longer worry about paying for college, retirement, or savings and have the freedom to design a life you love and be the channel of abundance that flows from you to the next generation. __________________________________________________________________ About Felicia Gopaul, CFP Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

Do you want to pay off your credit cards and personal loans faster?  It's time to get creative and increase your income and take a more careful look at your spending habits and aspects you may be missing out on because no amount is too small to help you get on track in your repayment plan!  Tune in to this new episode and glean lessons on making additional dollars every month to help you get to your financial goals faster.  Key points covered in this episode:  ✔️ Tip #1: It pays to be diligent in checking your expenses regularly and take time to reassess memberships and subscriptions that no longer serve you. Eliminate unused monthly subscriptions and use that money that you've saved to pay your debt.  ✔️ Tip #2: Increase your income and use the increase to pay down your debt. This may be only possible once a year when you're up for an annual raise or bonus, but don't settle for that reality. Get creative. If you are unsure of your talents and skills, you can gauge this by checking what people turn to and as to you for help or advice. You may not recognize it at first, but specific problems you can solve for others can be another stream of income that will take you to the path of financial freedom.  ✔️ Tip #3: Rethink your current major expenses to see if there are opportunities to save money and use the savings to pay down debt. According to a 2013 study released by the Bureau of Labor Statistics, the average family spends about 64 percent of their annual spending on your mortgage or your rent, your car expenses, & your food budget. Imagine saving two hundred dollars or fifty dollars a month for each of these three areas.  ✔️ Tip #4: The fourth option is using a combination of these ideas to increase your cash flow and accelerate paying down your debt. Imagine how quickly you'd be out of debt if you use the $600 saved from your mortgage, car expenses, and food and put that money towards paying down your debt. Many women would be debt-free in 24 months or sooner.  __________________________________________________________________ About Felicia Gopaul, CFP Ms. Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

We've all heard of scary stories of how athletes were declaring bankruptcy after retiring from the sport. It can be mind-boggling to think that they clearly make a huge fortune through multiple resources but can still lose all the money after. Why? Because they didn't have a solid financial plan in place that could have saved them from ruin.  In this episode, let me walk you through the top reasons why people fail to create their own plans and how you can overcome them to get started in taking charge of your future.  Key points covered in this episode:  ✔️  Hurdle #1: "Implementing a financial plan is too darn expensive." The amount of money you need to save can appear overwhelming, especially when you're just starting compared to someone who got started 20 years before. But the truth is, a financial plan in the hands of a motivated woman with some resources to invest can get you much closer to financial independence than a professional athlete making and spending a million dollars a year. ✔️ Hurdle #2: "I don't have time to create a financial plan because I'm too busy." When it comes to your finances, you need to make the time. Why? Because we always make time for the stuff that's important in our lives. And your finances need to be a priority. However, as you dive deeper into this training series, you'll discover that it can save you tons of waste of time and energy when you create a financial plan. I've got some efficient strategies for building a financial plan.  ✔️ Hurdle #3: "I hate numbers, and I hate complexity." The complexity of financial planning seems to be the bottleneck that slows everyone down. If you follow the Five-Ring Financial Plan, I'll prove to you if you set it up properly in the beginning, monitor it as your finances change and set up automation — it can literally save you hundreds of hours in the future.   Hurdle #4: "I'm not a financial person." Here's the good news, you don't have to be! In fact, with the tools and technology we have today, it's never been easier to get started. We have spreadsheets and apps, and software that can make a financial plan a reality. So if you can commit to a set dollar amount, you're well on your way.  __________________________________________________________________ About Felicia Gopaul, CFP Ms Gopaul is a Money Confidence Catalyst and author of an Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders."  She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power. Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com

Do you know that 96 percent of the US population doesn't save money? Income in most households goes directly to paying the bills and what's leftover for savings is often little to nothing.  These statistics were released over 20 years ago, yet a recent survey by the American Association of Retired Persons or AARP confirms that it's still true. If you identify yourself as part of that 96 percent now, know that it's not too late to make a change and move to the four percent of the people who decide to do something different and take charge of your financial future. In this episode, discover the Five Ring Financial Plan as the blueprint you need to help you navigate life to make money work for you and not the other way around.  Key points covered in this episode:  ✔️ Divorce, job loss, health crisis or the death of a partner — these are events you wish won't happen to anyone but can come at the most unexpected moments that leave people financially devastated. ✔️ Where are you at right now in your financial life? Avoid looking at other people as your yardstick to measure how you should be saving or investing your money and commit to your own targets that are ideal and achievable for you.  ✔️ It's never too late to change; if you're not saving, begin now.  You can start from 2% until you're saving 40–50% of your income. When you're saving at that rate, you have the resources you need to reach financial freedom. Decide to commit and make yourself a future you can be proud of. ✔️ Where should your savings go? Into the bank, investments or insurance? Adopt the plan you need to achieve clarity and confidence. There's no better time to prepare than NOW and take control of your destiny. About Felicia Gopaul, CFP Ms Gopaul is a Money Confidence Catalyst and author of Amazon best-selling books "Preparing for the Five Ds: Divorce, Disability, Downsizing, Disasters, and Death" and "Local Business Mavericks - Volume 20: Insights & Innovation From Top Local Business Owners, Professionals & Community Leaders." She is also a speaker and Certified Financial Planner Ambassador (only one of 50 people in the United States). She teaches accomplished, successful and educated women to heal their money mistakes, rebuild their wealth, and ultimately reclaim their power.  Her business, Financial Control Mastery, teaches women to honor themselves through their money and actions. Know more and visit www.FinancialControlMastery.com