Podcasts about work your wealth

With the growth of AI has many fearing its potential, Plugged In's Paul Asay talks about  how our views might be tainted by Hollywood depictions, and not reality.  He also reviews the YouTube channel "THE BEAT by Allen Parr," a feed that offers answers to many hard theological questions. Apologist and philosopher John Lennox, author of "A Good Return," shows  how your work, our wealth, and our lives are important to God and His Kingdom.  He calls us to live all our lives, use all our talents, and all our wealth in kingdom building ways. Faith Radio podcasts are made possible by your support. Give now: Click here  

One of the best parts of launching this podcast is to talk to others about money topics and addressing concerns they’ve had or seen. Today is an important episode in the direction of the Work Your Wealth podcast and where you might continue to find financial resources. Today I'm talking about 5 important lessons I’ve learned over the past four years through my journey with this podcast and what the future will hold for me and Abacus Wealth Partners.   HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: The timeline of the Work Your Wealth Podcast The reason behind launching the podcast and writing the Work Your Wealth book The 5 lessons I’ve learned in doing the Work Your Wealth podcast The potential rewards that could come with putting yourself out there and taking risks The importance of doing what you love Why you have to recognize when it is time to evolve The one person that will always look out for you most Where you can continue to find the Work Your Wealth content and where you can continue to connect with Mary Beth LINKS WE MENTIONED ON THE SHOW: Work Your Wealth Book Abacus Wealth Partners Book a consult with Abacus Wealth Partners LET’S CONNECT! Facebook Twitter Instagram

Are You Better or Worse off Financially In 2020? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I’ll be taking time to address and answer questions I’ve come across from readers and clients throughout my career. Today I’m answering the above question. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Why the end of the year is my favorite time of year for clients Questions I consistently receive as the year is closing out A way to gauge if you are better or worse off financially this year First step in measuring your financial progress The measurement to use when evaluating your financial health How to calculate your net worth A good way to evaluate your debt situation for the year The check you should be doing on your debt every January Why you should review your spending throughout the year How your savings goals play into your financial health Different savings vehicles you can utilize to grow your net worth A few things you should consider when talking about your retirement savings The role a change in income can play in figuring out if you’re financially better off this year How “lifestyle creep” could potentially hurt your financial health Why employer benefits must be evaluated each year LINKS WE MENTIONED ON THE SHOW Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram

One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about what has happened since the merger with Abacus Wealth Partners, what Workable Wealth looks like now, how we’ve been getting through the pandemic and changes I’ve made to align my career with my values. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: An update on where things are for Workable Wealth Why it’s okay to pivot, even during a pandemic Career details about my merger into Abacus Wealth Partners and how things are going What prompted me to pivot and merge with Abacus Wealth Partners What I recognized about my business and career to expand the value I was providing Things we built after the transition What Workable Wealth has turned into after the merger What it looks like to make broader changes in the financial industry The decision that was made to align my career with my values How I felt I could make a bigger impact with clients and in the industry   LINKS WE MENTIONED ON THE SHOW: Episode 88: Business Transitions as an Entrepreneur: How We Decided to Merge Workable Wealth LET’S CONNECT! Facebook Twitter Instagram

Today In the Suite welcomes Mary Beth Storjohann, CFP® Founder of Workable Wealth and the Chief Marketing Officer at Abacus Wealth Partners. Mary Beth is an enterprising author, speaker, and financial coach who has made more than a living, but a beautiful life, out of her passion for educating and empowering women around money.Mary Beth’s own exposure to the financial planning industry began in college and she’s been pushing the industry forward ever since. Her first book, Work Your Wealth – 9 Steps to Making Smarter Choices with Your Money, is Mary Beth’s own blueprint of the exact money moves she teaches her clients in order to align finances with values. In this episode we learn the financial advice for both millennials and women of all ages; how firms can be consciously diverse; and Mary Beth’s timeless advice for those looking to go into financial planning.Join the conversation to hear more about:Abacus Wealth Partners’ comprehensive Covid-19 resources (5:49)The most important area of focus for all during the global pandemic (9:35)The importance of intentionality when it comes to financial decisions (21:59)Why Mary Beth focuses on educating women on money (24:00)How Millennials and Gen X’s can start their own financial planning businesses without big investments (29:21) How Abacus Wealth Partners approaches new client acquisition with diversity in mind (34:51)The top advice to ensure your firm is consciously diverse (37:47)The best way to start your second career in financial planning (40:20)What to keep in mind as you’re starting your own financial planning business (46:45)Mary Beth’s timeless piece of financial advice (53:02) The physical object that gives Mary Beth superhero strength (55:23)Referenced Materials Abacus Wealth Partners Website Abacus Wealth Partners COVID-19 Resources Page Workable Wealth Website Work Your Wealth Podcast on Apple Podcasts Work Your Wealth - 9 Steps to Making Smarter Choices with Your Money on Amazon

Pay off debt first or invest in real estate? That's a question we discuss with today's guest! We are excited to sit down with Lauryn Williams, four-time Olympian, student loan advisor, and certified financial planner, to discuss how you can strategically deal with student loan debt and still invest in real estate and achieve your goals. Lauryn takes the skills learned from her road to gold and applies them to building financial wealth and running her business. We cover so much with Lauryn like student loan payoff strategies, how to break bad habits that limit your success, and the power of being intentional with the way you speak about budgeting and your goals. Lauryn also delves into finance and budgeting apps that help track spending and automate your savings.  Lauryn Williams is a CFP® and student loan advisor at Student Loan Planner. To date, Student Loan Planner has consulted on over half a billion in student debt. Prior to joining the SLP team, Lauryn was a four-time Olympian athlete and three-time Olympic medalist. Lauryn owns a financial firm called Worth While and is the host of the Worth Listening podcast. Lauryn has been featured in Journey to Launch, Paychecks & Balances, Financial Grownup, the Student Loan Planner podcast, Trailblazers.FM, Work Your Wealth, and Hope Sports to name a few. On today's episode, we discuss a ton with Lauryn, including: –      Which student loan payoff strategy is best for you –      The three skills needed to run a successful business –      How much money should be in your emergency and financial freedom funds –      The importance of time-block your schedule –      How to invest in real estate with student loan debt Books/Resources Your Money or Your Life by Vicki Robin and Joe Dominguez Mint You Need a Budget   Contact Information StudentLoanPlanner.com Worth-Winning.com Worth Listening Podcast   We are so beyond EXCITED to share that we are hosting the first ever Real Estate InvestHER® Summit on Friday, June 12th! We are bringing together KICK ASS InvestHERs to share their knowledge and experience to help you take your real estate investing to the NEXT level! You will learn how to creatively finance deals, construction strategies, how to improve your biz, how create balance in your life NOW and MUCH more!! Click here to save your seat!    Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days.  85% of their customers come back to do more business with them because of their dedication to exceptional service. It's why they were named No. 42 of Inc.'s fastest-growing companies in America.  What do they fund? ·     Fix-and-flip ·     New construction ·     Buy and Hold Properties ·     Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  • Subscribe via Itunes  • Subscribe via Android • Subscribe via Stitcher  2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Learn more about your ad choices. Visit megaphone.fm/adchoices

Pay off debt first or invest in real estate? That's a question we discuss with today's guest! We are excited to sit down with Lauryn Williams, four-time Olympian, student loan advisor, and certified financial planner, to discuss how you can strategically deal with student loan debt and still invest in real estate and achieve your goals. Lauryn takes the skills learned from her road to gold and applies them to building financial wealth and running her business. We cover so much with Lauryn like student loan payoff strategies, how to break bad habits that limit your success, and the power of being intentional with the way you speak about budgeting and your goals. Lauryn also delves into finance and budgeting apps that help track spending and automate your savings.  Lauryn Williams is a CFP® and student loan advisor at Student Loan Planner. To date, Student Loan Planner has consulted on over half a billion in student debt. Prior to joining the SLP team, Lauryn was a four-time Olympian athlete and three-time Olympic medalist. Lauryn owns a financial firm called Worth While and is the host of the Worth Listening podcast. Lauryn has been featured in Journey to Launch, Paychecks & Balances, Financial Grownup, the Student Loan Planner podcast, Trailblazers.FM, Work Your Wealth, and Hope Sports to name a few. On today's episode, we discuss a ton with Lauryn, including: –      Which student loan payoff strategy is best for you –      The three skills needed to run a successful business –      How much money should be in your emergency and financial freedom funds –      The importance of time-block your schedule –      How to invest in real estate with student loan debt Books/Resources Your Money or Your Life by Vicki Robin and Joe Dominguez Mint You Need a Budget   Contact Information StudentLoanPlanner.com Worth-Winning.com Worth Listening Podcast   We are so beyond EXCITED to share that we are hosting the first ever Real Estate InvestHER® Summit on Friday, June 12th! We are bringing together KICK ASS InvestHERs to share their knowledge and experience to help you take your real estate investing to the NEXT level! You will learn how to creatively finance deals, construction strategies, how to improve your biz, how create balance in your life NOW and MUCH more!! Click here to save your seat!    Looking for Funding? Ladies, you need to check out Fund That Flip! We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor. Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. To date, they have helped hundreds of real estate investors grow their businesses by funding thousands of deals. You deal directly with them, getting your deal funded in as few as 10 days.  85% of their customers come back to do more business with them because of their dedication to exceptional service. It's why they were named No. 42 of Inc.'s fastest-growing companies in America.  What do they fund? ·     Fix-and-flip ·     New construction ·     Buy and Hold Properties ·     Cash-out refinance projects from 1-4 units Real Estate InvestHERs, Get $500 towards your next closing! Check them out by visiting – www.fundthatflip.com/investher    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  • Subscribe via Itunes  • Subscribe via Android • Subscribe via Stitcher  2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther

One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about the what we are doing as we stay home due to COVID-19 and how we are still managing self-care and family time.  HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: What the headlines around COVID-19 are doing to your fears and anxiety Great resources on COVID-19, benefits to be aware of, etc. How we are handling the next several weeks in our household If you have little ones at home, the importance of sticking to a schedule Ideas for the little ones to keep them occupied while they are at home Why you should have on hand some creature comforts The important financial things you should be doing as COVID-19 spreads and the market reacts At a time like this, why you should be reviewing your current expenses Adjustments you could make to your personal and retirement accounts The importance of staying physically active during a “stay-at-home” mandate How to continue to show gratitude in this challenging time A few books you could pick up while staying at home How to teach your little ones about purchasing power and make it fun Things you should focus on during over the next several weeks and months Some of the ways the employees at Abacus are practicing self-care Ideas on how to serve others, even from home LINKS WE MENTIONED ON THE SHOW Centers for Disease and Control and Prevention World Health Organization New York Times resource Peloton Master Class COVID-19 resource page presented by Abacus Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram question you want me to answer? Submit one here.

What Should Your Net Worth Be? One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about how to track your net worth and some tools and tips to move the needle for your net worth in the right direction.  HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: One of the most common questions I get about finances The best way to do a health check of your finances How often you should be checking on your net worth The thing your net worth can tell you over the years The place to start when calculating your net worth Assets and liabilities that you should factor in to your net worth Why you shouldn’t compare your net worth with other friends, family, etc. The average net worth for Americans in their mid 30s A big reason the average net worth for a 35 year old is where it is Another way to evaluate your financial health (especially if you are in your 30s) The amount of savings you should have when you reach age 30 What your net worth should look like at age 40 A quick equation to analyze your ideal net worth Understanding how much you need set aside for retirement Things that negatively impact your net worth and how to improve on it If you haven’t started investing, here’s where to start A few resources to help you get started towards savings A few budget savings allocations that can help improve your net worth Two methods to paying off your debt How we keep track of savings goals in our household If you want to go big on growing your net worth, here are a few tips LINKS WE MENTIONED ON THE SHOW Listen Money Matters Financial Samurai You Need A Budget Website Mint Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram

One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about the amazing and positive impact gratitude can have on your finances.  HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How to have a more fulfilling life through gratitude The way gratitude can positively effect your own finances What gratitude can prevent in your financial life Things to be cautious of that can bust your budget When we feel like we have less than what we need, we tend to do this How gratitude can help you curb your impulse spending Where being grateful for what you currently have can lead you When was the last time you made a financial decision because you were afraid/frustrated with your current situation How chasing dollars can impact your life in other areas Finding the balance between life fulfillment and needing more stuff How to approach a new financial opportunity to maximize the impact it will have The dangers of making financial decisions out of fear How to find fulfillment and growth in your finances Understanding if your spending is in line with your values The effects gratitude can have on your emotional, mental and physical health The snowball effect of gratitude and giving The positive effects of approaching life with abundance The best way to avoid making financial decisions out of fear A way to approach financial decisions when you desire to help others Do this to create a gratitude focused financial plan The number of Americans stressed out about money regardless of income level The importance of reflection on the gratitude that you feel The impact an attitude of gratitude will have on your finances LINKS WE MENTIONED ON THE SHOW Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram

Are You Better or Worse off Financially This Year? One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about some ways to evaluate how your financial health measures up to where it was a year ago. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Why the end of the year is my favorite time of year for clients Questions I get all the time as the year is closing out A way to gauge if you are better or worse off financially this year First step in measuring your financial progress The measurement to use when evaluating your financial health How to calculate your net worth A good way to evaluate your debt situation for the year The check you should be doing on your debt every January Why you should review your spending throughout the year How your savings goals play into your financial health Different savings vehicles you can utilize to grow your net worth A few things you should consider when talking about your retirement savings The role a change in income can play in figuring out if you’re financially better off this year How “lifestyle creep” could potentially hurt your financial health Here’s why employer benefits must be evaluated too each year Do you have the right insurance policies in place 6 questions you can ask yourself about your financial health LINKS WE MENTIONED ON THE SHOW Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram

Today’s guest is Mary Beth Storjohann. She’s a CFP® and Founder of Workable Wealth is not your typical financial planner. With over 14 years of experience in the financial services industry, she works as an author, speaker, and financial coach to apply a fun, albeit no-nonsense approach in working with entrepreneurial women and couples in their 30s – 50s across the country, helping them make smart, educated choices with their money. Mary Beth initially became interested in finances because even though she had hardworking parents, there was a lack of financial education in the household as she grew up. After taking a receptionist position at a financial planning firm while in college, she grew to love the industry, changed her major, and hasn’t looked back since.  As both a financial planner and entrepreneur, Mary Beth has some great advice to share. In this episode we discuss: The connection between money and independence The difference between building a business to run until you’re done with it versus building a business that you can sell How she determined that it was right to merge with another planning firm Why she works with a financial planner even though she is one What her biggest financial mistake was and why she doesn’t regret it How to budget in a way that creates freedom with your spending If you’re interested in learning more about Mary Beth, check out the following: Workablewealth.com Work Your Wealth by Mary Beth Storjohann The Work Your Wealth podcast If you’re interested in learning how to take control of your finances, schedule a FREE call with Lauryn Williams here.

You have everything you need to manifest the wealth you want. You need to work your wealth to manifest bigger, better and greater for you through you. In this episode, Toni shares the 5 Keys to Becoming Wealthier Ever After #likeaboss.

You have everything you need to manifest the wealth you want. You need to work your wealth to manifest bigger, better and greater for you through you. In this episode, Toni shares the 5 Keys to Becoming Wealthier Ever After #likeaboss.

This week I had changed things up a bit and became the interviewee! I invited my husband Brian on to chat about how we decided to sell my business. Selling my business was no easy decision. There were months of discussions, months of debate and a lot figuring out what we wanted in life. On today’s episode Brian and I chat about what led to selling my business, why we felt it was the right decision for us and some of the many things I am excited about coming up for Abacus Wealth Partners. We also chat about what you the listeners, clients, subscribers, etc. can expect going forward for the Workable Wealth and Work Your Wealth brands. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How a big decision for your business impacts your family life The importance of discussing big business decisions with your significant other The opportunities that were available to Workable Wealth Factors that went into merging into a larger firm How Mary Beth learned and was exposed to Abacus Wealth Partners The push Mary Beth received through the mentorship program Why she explored the idea of a merger How the Chief Marketing Officer role played into the merger Mary Beth’s discovery of “secret” Abacus The unique way Abacus onboards new employees How Abacus is walking their talk when it comes to diversity How the culture of Abacus impacted the merger decision Opportunities seen within Abacus for Workable Wealth and their clients What it came down to for Mary Beth to say “Yes” to Abacus The responses clients have given regarding the merger What readers, listeners, clients, etc. expect going forward Be on the look out for the “Money Circles” launch What the future holds for Workable Wealth LINKS WE MENTIONED ON THE SHOW: Abacus Wealth Partners Mary Beth Exciting News to Share Blog Post Become an Abacus Client LET’S CONNECT! Facebook Twitter Instagram

What money moves have we made so far this year? One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about the 5 money moves we’ve made so far in 2019. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Some money moves we are facing in our family that are common among clients too Figuring out what to do once you’ve surpassed savings goals Stop the over planning and constantly playing the “what if” game The importance of setting dollar amounts for your goals A better way to approach your money goals A different way to approach your charitable giving Utilizing a donor advised fund for your charitable contributions The advantages of using a donor advised fund The tax benefits through the use of a donor advised fund Why we offloaded our tax projections to our CPA Why you should lean on financial professionals when changes arise How to avoid underfunding and overspending How to remove some of the guilt around spending money What aligning your money with your goals can do for your life The significance of writing out your ideal day, month and year Three questions to really evaluate what’s important to you What is getting in your way of living the life you want or love? The biggest thing I want for you around your finances LINKS WE MENTIONED ON THE SHOW: Impact Assets Donor Advised Fund Fidelity Charitable Donor Advised Fund How to Manage Your Financial Anxiety Podcast Shonda Rhimes Year of Yes LET’S CONNECT! Facebook Twitter Instagram Podcoin

What Can I Do to Reduce My Financial Anxiety and Concerns About Money? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question.  HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How to manage your financial anxiety Signs and symptoms of financial anxiety Digging too far into the details isn’t always a good thing Why playing the “What if” game needs to be limited How you might be subconsciously trying to beat the market Why ignoring your finances can be just as bad as being too detailed Tools to counteract any financial anxiety you might have The importance of knowing where things stand How a net worth statement can help reduce financial anxiety Knowing your numbers is good for your health How your goals can help reduce your financial anxiety The significance of a financial plan for your peace of mind How a financial plan can address many of the common fears around money Focusing on worst case scenario is sometimes unrealistic The worst-case scenario you’re telling yourself is not actually the worst case How working with a financial planner can reduce some of your financial anxiety The tools to have a less stressful 2019 LINKS WE MENTIONED ON THE SHOW: How to Get Your Finances Organized Blog Post Getting Organized for Tax Time Blog Post Are You Better or Worse Financially This Year Blog Post Work Your Wealth Book Garrett Planning Network XY Planning Network NAPFA

What money moves should I be making before the end of the year? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question.  HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Why you should be reviewing your budget each year When’s the last time you looked at those goals of yours Did you know there are new retirement contribution limits for next year What to look for during your insurance policy review How much you should be stashing away in your emergency fund Automation, Automation, Automation Unique ideas on how to pay off debt early and how it affects your finances Should you rebalance your portfolio FSA: Use it before you lose it Can you take advantage of tax harvesting Here’s a good idea for a date night with your partner What to look for when checking your credit report Where you can be optimizing your taxes before yearend Some bad habits that could be hurting you financially Review your paycheck. Do you know what you’re looking for Do you need an estate and is it in order How to check in on your financial progress Treat yourself…Responsibly! Talk to your financial planner or set up an appointment LINKS WE MENTIONED ON THE SHOW: 30 Money Moves in 30 Days Blog Post Free Credit Report How to Analyze Your Paycheck Blog Post How to Analyze Your Paycheck Podcast

This week I sat down with one of Workable Wealth’s very own Financial Planners, Ariel Ward, CFP®. Ariel Ward, CFP® joined Workable Wealth in 2018 as a Financial Planner. She has 10 years of experience in the field of personal financial services and in helping clients develop financial clarity. She is passionate about helping professionals in their 20s-40s understand their financial lives and make better decisions with their money. Ariel is married to a pilot and spends as much time as possible exploring the US with her husband and 2 children. She enjoys working with clients in the aviation industry to make the most of their employee benefits and map out a plan for personal financial strength. She is a member of NAPFA, the XY Planning Network and the Financial Planners Association. Ariel works virtually out of Charlotte, NC. She enjoys North Carolina’s mountains, beaches and everything in between. In her free time you can catch her walking to one of Charlotte’s excellent breweries, playing Scrabble or building Lego houses with her kids. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How Ariel came to join the Workable Wealth team Ariel’s experience as a Financial Planner and what she brings to the team Investment mistakes Workable Wealth has seen with clients that we want to help you avoid How expense ratios effect your investment The expense ratios Workable Wealth likes to target Why too much cash on hand can be a weakness The risk of holding too much cash The best way to avoid concentration risk The two industry sectors people focus a lot of their allocations on The explanation of diversification through the use of boats in a bay The risk of having too many accounts spread across multiple brokerages A few account consolidation tricks that could benefit your investment accounts Why the lack of clarity around your portfolio can be costly An explanation of short and long term gains When and how much taxes you would be paying on gains How to capitalize on losses from year to year An important reason to be participating in your company’s 401K plan The reason for contributing to a 401K plan over a whole life policy LINKS WE MENTIONED ON THE SHOW: MorningStar What to do if you’re sitting on too much cash blog post Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money The Cost of Waiting blog post No You Don’t Need Universal Life Insurance blog post

5 Business Lessons I’ve Learned in 5 Years One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm talking about the 5 business lessons I've learned and sharing some details (and numbers) behind our company. Get Uncomfortable Fast Connect with People Outside of Your Industry Delegate and Learn to Let Go Find Your Three Pillars Find Your Blue Ocean HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Workable Wealth is celebrating a birthday! Where Workable Wealth started and what it has grown into Tools WW leverages to help clients along the way Why WW believes in being accountability partners for its clients Why you should be comfortable with being uncomfortable How leveraging social media helped Mary Beth get uncomfortable The importance of connecting with people outside of your industry A crucial step to being successful in scaling and growing The structure of and who is on the Workable Wealth team Have you found your “three pillars” The role mentorship has played in the growth of Workable Wealth Why a mentor who challenges you is a perfect mentor Workable Wealth wouldn’t be where it was today without masterminds How Mary Beth’s “business bestie” helped her find time for her Why your blue ocean doesn’t have to look like everyone else’s A new product WW is looking to roll out in the coming months In a few weeks WW will be putting a call out… Where Workable Wealth is headed LINKS WE MENTIONED ON THE SHOW: Workable Wealth 3 Year Birthday Post What You Should Look for in a Financial Planner Managing Your Social Media When to Lead and When to Let Go Blue Ocean Strategy book 30 min consultation  

WHAT SHOULD I DO WITH EXTRA CASH I'VE STORED UP? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question and sharing some details (and numbers) behind our personal finances. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: General rules I use with clients to determine where to put extra money The formula to decide how much should go where The three categories you should focus on with your extra cash Questions we ask ourselves when allocating money towards different goals Why we review our net worth on a quarterly basis The importance of reevaluating what you need in your emergency fund The general rule of how much you should have in your emergency fund A few banks recommendations to store your emergency fund How we handle donations in our family to be most impactful How we allocate extra cash towards our children How we added some flexibility in our monthly cash flow What we decided to spend our “splurge” money on LINKS WE MENTIONED ON THE SHOW: How to Handle Your Year End Bonus Episode 27: How We Handle Money in Our Household Episode 39: How We Handle Business Finances in Our Marriage Synchrony Bank Ally

Today's mini-sode we're talking about student loans. I know, I know, student loans is not the most exciting topic to talk about but I have a lot of thoughts on it and wanted to share   As you may already know, my husband and I paid off all of our student loan debt in 2015. It was something that was important to us and while it was one of the hardest things we've done thus far in life, it was also one of the most rewarding.   In this episode, I share how we paid off our student loan debt and how you can get started if you want to pay off your student loans.   Hope you enjoy!   Full show notes at: http://brittneyllynn.com/how-i-paid-off-student-loans   Links mentioned:   Work Your Wealth podcast interview Meet the Couple Who Paid Off $50K in Debt in Less Than 3 Years, Northwestern Mutual Student Loan Planner You Need a Budget Mint Every Dollar   Like the show? There are several ways you can help! Subscribe on iTunes, Stitcher, Spotify or Google Play Leave an honest review on iTunes. The ratings and reviews help for two reasons: 1) Most importantly, I get to know you, the listener, and what content you enjoy the most. 2) The more reviews the podcast has, the better chance it has at getting in front of new listeners. Follow on Facebook, Twitter, or Instagram Join the Facebook group to interact with guests and other listeners Join the Day in the Life newsletter

HOW DO I TALK TO MY PARENTS ABOUT THEIR MONEY AND RETIREMENT? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: What you should be asking yourself now as it relates to your parents and money The importance of talking to your parents about THEIR money Money questions we’ve been asking our parents A few ideas to open up the money conversation How personal money stories can ease the conversation with parents about their money Why you’re asking these questions about your parent’s finances Why your parents should visualize how they see retirement Different revenue streams you should be aware of for your parents How your parents healthcare plan could affect you The biggest cost retirees face in retirement Why you want your parents to have an estate plan set up Items to look for in an estate plan Why you need to ask, “Will you need my help?” The reason you should ask your parents about their retirement finances How to plan now to help your parents in retirement LINKS WE MENTIONED ON THE SHOW: Money Questions You Should Be Asking Your Parents Blog Helping Your Parents Financially Without Going Broke Blog Schedule a free 30-minute consultation with me  

HOW DO I BETTER UNDERSTAND MY PAYCHECK? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: What I see when looking at your pay stub and how I use it to leverage and understand what’s happening with your money. What to look at first when analyzing your paycheck to avoid confusion. The difference between your gross pay and your net pay. The importance of knowing if you’re paid monthly, biweekly or twice a month and how it impacts your budgeting. What exemptions are on your pay stub and how it saves you taxes. How your withholdings impact your paycheck and your annual tax refund (or amount owed). What to aim for when electing your withholdings. How (and when) to adjust your W-4. The importance of knowing what state and local taxes are being withheld. Who FICA is and why they take so much of your money. What you pay in taxes as a sole proprietor and the impact on your cash flow. Where to find employee benefits that you may be missing out on. How to determine what you’re contributing to your employer sponsored retirement plan. The tax advantages of a Flexible Spending or Health Savings Account. Other employee benefits that can help you improve your financial situation. Which deductions you can and can’t change. LINKS WE MENTIONED ON THE SHOW: Analyze Your Paycheck like a Financial Planner Blog Post Schedule a free 30-minute consultation with me

WHAT SHOULD I CONSIDER ABOUT INFERTILITY TREATMENTS AND MY FINANCES? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question:. WHAT YOU’LL LEARN FROM THIS EPISODE: How many people experience infertility Our story with infertility and how it affected our finances What you need to know to be better prepared if you are going through infertility issues or looking at adoption Questions to ask ahead of time around fertility treatments so you don’t derail your financial situation Where to start when you find out you and your spouse do have fertility issues Questions to ask your insurance company to better identify what you will/will not have to pay for out of pocket What to do and how to approach the initial consultation What you should bring with you to every meeting More questions to ask your insurance provider. The importance of knowing your limit (emotionally, financially, and length of time) if you are having fertility issues Why it’s important to approach the situation with a more conservative financial limit LINKS MENTIONED ON THE SHOW: 10 Things to Know About Infertility and Your Finance Bunless Oven: Bring Hope to Your Trying-to-Conceive Tears by Sandi Sheehan, MA Beat Infertility Podcast Interview with Mary Beth Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

HOW DO I ACTUALLY MAKE PROGRESS WITH MY MONEY THIS YEAR INSTEAD OF SETTING GOALS IN NEVER REACH? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. WHAT YOU’LL LEARN FROM THIS EPISODE: The precursor step to take when setting any financial goals for yourself How social media can derail your finances (and why your perceptions of other people can as well) What FOMO is and how it impacts you Why figuring out your WHY matters and how to do it What to realistically expect on the journey to finding your “why” Questions to answer about your finances to determine what motivates you and how you are or aren’t aligning your money with what’s important to you What bag lady syndrome is What controlling your money should look like How choices play a leading role in how you utilize your money to create your own happiness Questions to answer in determining your “why” How to set SMART goals LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

HOW DO YOU TEACH YOUR YOUNG KIDS ABOUT MONEY? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. WHAT YOU’LL LEARN FROM THIS EPISODE: What money scripts are and how they impact us from childhood through adulthood. Why it's important as parents to make money a topic of interest for our children from an early age. Why it's important to remember that children model and mimic our behaviors. How to model and expose children to healthy financial behaviors. How to leverage a rewards jar for savings. How children who can practice delayed gratification fare better financially. How to set and frame boundaries and expectations. Ways to tie together the financial conversation through various messages. The role "play money" can have empowering your children financially. The use of the Three Jar Method and how to leverage it to teach a balanced approach about money. How to incorporate a conversation around giving back. Why it's important for you to create a habit of discussing finances from your children's early age. LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth  

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. On today's episode, I welcomed back my favorite guest to help me answer some of of your money questions. Today Brian Storjohann (yep, my hubby) and I are diving in to tell you about how we handle and address my business (and the finances behind it) in our marriage. We recorded this episode live from the FinCon booth at Podcast Movement, which means I actually let him sit next to me for this conversation! (Progress!!) WHAT YOU’LL LEARN FROM THIS EPISODE: How much of the numbers I share (and you should share) around your business finances with your spouse How your business finances relate to and are intertwined with personal finances and goals Ways to address the unease that can come with sharing business finances How to structure conversations so there is no finger pointing or guilt around business success or hiccups Why planning for your personal finances plays a big role in the success of your business How we set income goals for the business(both individually and as a couple) The dollar limit of business purchases that I share with Brian How to plan in advance of business launches and investments to reduce stress Why it is super important to share with your spouse when there are excess funds in the business How sharing business numbers helps your spouse to better support you How often we review numbers and how formal the conversation is Expectations around how long it took for us to communicate effectively around our finances   LINKS MENTIONED ON THE SHOW: Episode 30: Our Money Story (the Good, the Bad & the Funny) Episode 27: How We Handle Money in Our Household Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

In today's episode I'm recapping a recent blog post I wrote giving you the pep talk you may need around your money. If you're in need of a loving (and brief) kick-in-the-pants around your finances, this is for you!  LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

HOW DO I KNOW WHAT RETIREMENT ACCOUNTS ARE AVAILABLE TO ME AND WHICH ONE(S) SHOULD I TAKE ADVANTAGE OF? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. WHAT YOU’LL LEARN FROM THIS EPISODE: Investing vs. Retirement Accounts - why they're not the same The difference between a Traditional vs. a Roth IRA When you're qualified (or not) to contribute to a Traditional vs. a Roth IRA Considerations for contributions to Traditional vs. Roth IRAs and 401(k)s How your 401(k) works What the 403(b), Thrift Savings Plan and 457 plan have in common with your 401(k) What to do if your employer offers a match on your 401(k) Retirement plans available to Entrepreneurs: Solo 401(k), SEP IRA, SIMPLE IRA What the age limit is on withdrawals from retirement accounts How taxes work on withdrawals from your retirement accounts If you should take a loan from your 401(k) 401(k) vs. Roth IRA - which one is best for you? LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. On today's episode, I have a super fun guest to help me answer some of of your money questions. Today Brian Storjohann (yep, my hubby) and I are diving in to tell you about the emotions, stories and good and bad money moves behind our finances. WHAT YOU’LL LEARN FROM THIS EPISODE: The number one thing you need for a healthy money relationship with your partner How your personal and marital money relationship can evolve The biggest thing the two of us have had to work on when it come to our finances His and hers versions of our smartest money moves Where we wasted a ton of money What lifestyle inflation is and why you want to avoid it The biggest point of contention around our finances Why financial planners need their own financial planners The role psychology plays in handling money How we make budgeting work in our household What not to do when facing down big life transitions (and what to do) Why nobody is perfect when it comes to their finances LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

HOW DO YOU HANDLY MONEY IN YOUR HOUSEHOLD? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. WHAT YOU’LL LEARN FROM THIS EPISODE: How often to check on your net worth. What's reasonable, and what we do in our house. Where to invest your emergency fund The categories we have bank accounts for and how we use them Options available for retirement savings when you're employed or when you're an entrepreneur How a Solo 401(k) vs. a SEP IRA can help you as an entrepreneur How we track spending in our house and what works How we manage credit cards An appropriate level of communication to have with your spouse around money. LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Synchrony Ally Mint Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

WHAT KIND OF AWKWARD/UNCOMFORTABLE MONEY CONVERSATIONS AND COMMENTS SHOULD I BE ON THE LOOKOUT FOR WITH FRIEND AND FAIMLY AND HOW SHOULD I HANDLE THEM? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above question. WHAT YOU’LL LEARN FROM THIS EPISODE: Who you should and shouldn’t share your financial details with. People / comments to watch out for How to address the awkward ask for a loan or to be spotted What to remember when your friends / family are cheering you on The issues other people may have when they’re one-upping you What is really happening when you’re faced with prying questions and how to address them Appropriate conversations to have with parents and family Why it’s better to look out for yourself now than to let bad behavior continue Who is guaranteed to keep your information private LINKS MENTIONED ON THE SHOW: Schedule a free 30-minute consultation with me Afford Anything Podcast: Six Types of Financial Frenemies Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money 9 Steps to Workable Wealth

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" overlay_color="" video_preview_image="" border_size="" border_color="" border_style="solid" padding_top="" padding_bottom="" padding_left="" padding_right=""][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" background_position="left top" background_color="" border_size="" border_color="" border_style="solid" border_position="all" spacing="yes" background_image="" background_repeat="no-repeat" padding="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="no" min_height="" hover_type="none" link=""][fusion_text] Today I talk to my financial planner, MaryBeth Storjohann, CFP. Marybeth Storjohann, CFP, is the owner of Workable Wealth, a financial planning company working with professional and entrepreneurial women as well as young couples and families. She's the author of the book Work Your Wealth, and the host of her podcast by the same name, Work Your Wealth. She's appeared numerous media sources, including the Wall Street Journal, Forbes, NBC, Women's Health, Self, US News Report and is a trailblazer in her field. In this episode we talk about: -How much you should save in your business savings account--> and what things should be included in your savings account. -The biggest financial mistake practice owners make in business--> You probably are making this mistake! -Why you need disability insurance -Why your salary should be included in your expense savings account--> Wowza! This was news to me too! -Why you need a financial planner--> Of course, I can't agree more, which is why I have MaryBeth at my side! Loved hearing what MaryBeth had to say? See her guest blog from last year here! Find Marybeth at www.workablewealth.com. 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picture="http://thegrouppracticeexchange.com/wp-content/uploads/2016/07/Maureen-1-copy-1.jpg" pic_link="" linktarget="_self" pic_style="none" hover_type="none" background_color="" content_alignment="" pic_style_color="" pic_bordersize="" pic_bordercolor="" pic_borderradius="" icon_position="" social_icon_boxed="" social_icon_boxed_radius="" social_icon_color_type="" social_icon_colors="" social_icon_boxed_colors="" social_icon_tooltip="" blogger="" deviantart="" digg="" dribbble="" dropbox="" facebook="" flickr="" forrst="" googleplus="" instagram="" linkedin="" myspace="" paypal="" pinterest="" reddit="" rss="" skype="" soundcloud="" spotify="" tumblr="" twitter="" vimeo="" vk="" xing="" yahoo="" yelp="" youtube="" email="" show_custom="no" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" /][/fusion_builder_column][fusion_builder_column type="2_3" layout="2_3" spacing="" center_content="no" hover_type="none" link="" min_height="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="left top" background_repeat="no-repeat" border_size="0" border_color="" border_style="solid" border_position="all" padding="" dimension_margin="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset="" last="no"][fusion_person name="Maureen Werrbach, LCPC" title="Therapist, Group Practice Owner, Group Practice Coach" picture="" pic_link="" linktarget="_self" pic_style="none" hover_type="none" background_color="" content_alignment="left" pic_style_color="" pic_bordersize="" pic_bordercolor="" pic_borderradius="" icon_position="" social_icon_boxed="" social_icon_boxed_radius="" social_icon_color_type="" social_icon_colors="" social_icon_boxed_colors="" social_icon_tooltip="" blogger="" deviantart="" digg="" dribbble="" dropbox="" href="http://traffic.libsyn.com/thegrouppracticeexchange/Ep_17_How_Big_is_Too_Big.mp3" target="_blank" flickr="" forrst="" googleplus="" instagram="" linkedin="" myspace="" paypal="" reddit="" skype="" soundcloud="" spotify="" tumblr="" twitter="" vimeo="" vk="" xing="" yahoo="" yelp="" youtube="" show_custom="no" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id=""]Maureen is the group practice owner of Urban Wellness, a two location practice in Chicago with 20 clinicians and administrative support. Her journey to help others start and grow their own group practices grew out of her love of helping people and realizing a need for group practice owners to get support. If you are interested in a FREE 20 minute consult to see if we are a good fit for one another, you can schedule it at https://tgpe.acuityscheduling.com/. [/fusion_person][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Mary Beth Storjohann, author of Work Your Wealth, helps millennials wrap their heads around financial basics. Joe and Al discuss a proposal to cut the corporate tax rate by taxing 401(k) gains, and spotting an IRS phone scam. Also, answers to questions on LLC vs. S-corp income, deductions for traditional IRAs, and taking a personal loan for the downpayment on investment property. Also, Big Al lists 6 steps to get SUPER rich.

What are some of the top money mistakes you see entrepreneurs make with their money that I should avoid? I find myself constantly anxious about my finances and feeling guilty when I spend, feeling guilt if I save...How do I stop feeling guilty about my money? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions. WHAT YOU’LL LEARN FROM THIS EPISODE: What accounts you should have set up. The numbers to look at beyond the income you're bringing in. The right team members you should have in place. How (and what type) of cushion to put in place for your business. What your future entrepreneur self wants you to do. How to zero in on the areas that are important for you to make financial progress. What a money fear brain dump can help you to prioritize. Why it's the little goals and small steps that matter. How to leverage your calendar and set clear-cut action steps for getting things done. LINKS MENTIONED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

I've had the same credit card for as long as I can remember. I'm hearing a lot about rewards programs and the need to maximize my options. What should I know when I'm shopping for a credit card? I'm in my late 30s and I feel like I'm doing okay with savings, but I'm not sure that I'm doing enough. How much should I have saved by now? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions: WHAT YOU’LL LEARN FROM THIS EPISODE: How we maximize credit card rewards in our household. Why your APR is and how it varies for different uses. What to keep in mind when looking for the best rewards programs. How your credit score can impact your APR and the credit limit available to you. Why your personal situation will determine what you need to stash away. Questions to ask yourself about goals and life to determine the amount you need to stash away. How to tell if you're doing enough on your own. Rules of thumb to use in determining the amount you need to save. LINKS MENTIONED ON THE SHOW: Nerd Wallet Credit Card Comparison Get Your Social Security Benefit Statement Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

AM I SITTING ON TOO MUCH CASH? HOW DO I REALLY KNOW HOW MUCH MORTGAGE I CAN AFFORD? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions. WHAT YOU’LL LEARN FROM THIS EPISODE: What amount is just enough cash to have on hand. Where to keep your cash savings accounts. How to determine what to do with additional cash beyond your emergency fund. Planning for short versus long-term goals. The lifestyle factors to consider before locking in a mortgage payment for the next 15 - 30 years. Decisions to make before shopping for a house. The #1 thing you need to get organized prior to planning a home purchase. LINKS MENTIONED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

I'M IN THE MARKET FOR A NEW JOB. WHAT DO I CONSIDER BEFORE SAYING "YES" TO AN OFFER? DO I REALLY NEED LIFE INSURANCE? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions. WHAT YOU’LL LEARN FROM THIS EPISODE: What to look for in a job offer beyond the salary. Where to find extra money offered by a potential employer. Why getting the company benefits booklet up front can save you from a costly mistake. Who does and doesn't need life insurance. The best type of life insurance policy for your situation. Why it's not safe to assume family / friends will support or take care of your loved ones. LINKS MENTIONED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

HOW DO I GET STARTED WITH INVESTING? RETIREMENT SAVINGS OR COLLEGE SAVINGS: WHICH COMES FIRST? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions. WHAT YOU’LL LEARN FROM THIS EPISODE: The first thing you need to determine before you even dive into investing. Why a diverse portfolio matters. What an index does for you. What a mutual fund or exchange-traded fund can do for you. Where to start in the retirement vs. college planning debate. What happens when you plan for college without planning for retirement. Why "do what you can" is better than "do nothing". LINKS MENTIONED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

HOW MANY BANK ACCOUNTS DO I NEED? SHOULD I PURCHASE A HOME IF I HAVE STUDENT LOANS? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I'll be taking time to address and answer questions I've come across from readers and clients throughout my career. Today I'm answering the above questions. WHAT YOU’LL LEARN FROM THIS EPISODE: The number of bank accounts you need. What to consider when opening multiple bank accounts. Tough decisions you may need to make when working towards goals. How to keep one-time expenses from derailing your cash flow. Cash flow considerations for locking in a mortgage. What your debt-to-income ratio is and what percentage it should be at or below. Items to keep in mind when saving for a down payment. LINKS MENTIONED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Work Your Wealth Facebook Community 9 Steps to Workable Wealth

Welcome to the first episode of the Work Your Wealth Podcast, a weekly podcast for those wanting to make smarter choices with their money. Featuring expert interviews with leading authors, business owners and professionals, the Work Your Wealth Podcast will give you the education, confidence and clarity around your finances that you deserve. If you’re ready to use your money to live a life you love, this show is for you. I’m your host, Mary Beth Storjohann. I’m a CERTIFIED FINANCIAL PLANNER™, the Founder of Workable Wealth, where I serve as a financial planner and accountability partner in working to help clients in their 20s-40s across the country make smart, educated choices with their money. I’m also an author and the inspiration for this show came from my book, Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money, which launched in March 2016. I’ve been named as a “Top 40 Under 40” financial planner by Investment News, one of “10 young Advisors to Watch” by Financial Advisor Magazine, and one of “10 of the Best Personal Finance Experts on Twitter.” I frequently appear on NBC as a financial expert and my expertise has been featured in Glamour, Women’s Health, Brides, The Wall Street Journal, CNBC, Forbes, and more. You can connect with me via Instagram, on Facebook, or via Twitter. In this inaugural episode of the Work Your Wealth Podcast, I talk about why I created this show, share a bit about my background, and explain who this podcast is for and what you can expect each time you join me here. WHAT YOU’LL LEARN FROM THIS EPISODE: Introduction to me, Mary Beth Storjohann and the Work Your Wealth Podcast. How I ended up in a career as a Financial Planner and started Workable Wealth. Who the Work Your Wealth Podcast is for. What you won’t find on this podcast. What you can expect from this show. LINKS AND RESOURCES FEATURED ON THE SHOW: Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money Workable Wealth Have a money question you want me to answer? Submit one here.

#51: Today's guest is Mary Beth Storjohann, CFP®, Founder of Workable Wealth, and author of the book Work Your Wealth. As I was reading through her book, one thing stuck out to me: the financial frenemies we all have, and how to deal with them in a constructive way.
 What's a financial frenemy? They're the people in your life that are sabotaging your efforts to improve your net worth. Sometimes they're friends, sometimes they're family, and other times, they might just be people that have no business asking about your financial situation in the first place. 
 Whoever they are, we've all known one at some point or another.
 In fact, I bet one of these sounds familiar:
 1. The Entitled Frenemy: "Can you spot me? I'll get you next time!" 2. The Budget-Buster: "You deserve it, you should buy it!" 3. The One-Upper: "You got a $1,000 bonus? Nice. I got a $10,000 bonus." 4. The Priers: "How much do you make?" "How much did you spend on that?" 5. The Green-Eyed Monster: "Must be nice that you can afford such a big house." 6. The FOMO Frenemy: "You can spend your money just this once!" Navigating conversations with these financial frenemies can be tough, but Mary Beth has some awesome advice on how to do it and not feel bad about your words.
 Even though it might sound scary, honesty is the best policy.
 While saying, "I don't feel comfortable answering that" means enduring a few moments of awkwardness, the alternative is answering truthfully and proceeding to wonder if your "friends" are judging you...every single time you interact with them.
 Finally, we need to realize that what they're saying isn't a reflection on us - it's a reflection on them. If they're jealous, feel the need to one-up you, or discourage you from your financial goals, that's on them, not you.
 Mary Beth offers other great tips on how to deal with financial frenemies in this episode, and we even role-played a scenario to give you a script to follow.
 Resources Mentioned: • Workable Wealth
 • “Work Your Wealth" on Amazon • Mary Beth's Twitter & Instagram
 Enjoy! -- Paula

Mary Beth Storjohann, CFP® is the Founder of Workable Wealth and is an author, speaker, and financial coach. With over 12 years of experience in the financial services industry she applies a fun, albeit no-nonsense approach in working with individuals and couples in their 20s – 40s across the country, helping them make smart, educated choices with their money.  Mary Beth makes frequent appearances on NBC as a financial expert and has been featured in major media outlets such as U.S. News & World Report, The Wall Street Journal, Glamour, Women's Health, Yahoo!Finance and Forbes. Her first book, Work Your Wealth: 9 Steps to Making Smarter Choices With Your Money cuts through the fancy lingo, breaks down complicated topics and provides clear-cut guidance on the money moves you can make to improve your financial situation right now. To connect with Mary Beth, head over to www.workablewealth.com or find her on twitter @marybstorj. You can find Work Your Wealth here on Amazon.  Work Your Wealth FB Group.    If you're interested in Connected - doors close TONIGHT {March 31st at midnight EDT}. 

Mary Beth is an author, speaker, and financial coach, and is the founder of Workable Wealth, where she helps people make smart, educated choices with their money. Mary Beth makes frequent appearances on NBC as a financial expert and is a contributor to major media outlets such as U.S. News & World Report, The Wall Street Journal, and Forbes. In her book, Work Your Wealth, she provides clear guidance on how to immediately improve your financial situation.

Mary Beth gives an informative overview of just what it takes to bring a book from an idea to launch. She shares how to form a team of experts to help with the process, and why it is so important to hold yourself accountable in your writing to stay on schedule. Mary Beth then dives into how long it took  her to write Work Your Wealth and exactly how much she spent to get it published. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/39