Episode 122: 5 Lessons Learned Over the Past Four Years

Episode 122: 5 Lessons Learned Over the Past Four Years

Work Your Wealth
Episode 122: 5 Lessons Learned Over the Past Four Years
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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:

  • 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:

LET’S CONNECT!

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Episode 118: The 5 Big Financial Planning Concerns You’re Forgetting as an Entrepreneur with Ariel Ward

Episode 118: The 5 Big Financial Planning Concerns You’re Forgetting as an Entrepreneur with Ariel Ward

Work Your Wealth
Episode 118: The 5 Big Financial Planning Concerns You're Forgetting as an Entrepreneur with Ariel Ward
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Ariel Ward, CFP® joined Workable Wealth in 2018 as a Financial Planner and in March of 2019, made the move to Abacus Wealth Partners with me as a Financial Planner. She and I work closely together on our clients. She has 11 years of experience in the field of personal financial services and in helping clients develop financial clarity. She is passionate about helping professionals understand their financial lives and make better decisions with their money. 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.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • The most common financial planning concern seen with entrepreneurs
  • The retirement plan options available to small business owners
  • Items to be aware of if utilizing a SEP IRA
  • Some of the numbers associated with an individual 401(k)
  • The best plan to start with if you have employees
  •  How much you should be saving into your retirement account
  •  The type of insurance a small business owner/entrepreneur should consider
  • How a disability policy works and why you need it
  • If you’re thinking group policy, here are some options as a small business owner
  • Why you should have life insurance and who you are protecting
  • The type of life insurance policy you should get
  • What a keyman insurance policy will do for your business
  • Reasons you should have a business continuity plan
  • The two big ticket items we see people and business owners drag their feet on
  • Why you should have professional liability insurance
  • The benefits of utilizing a financial planner through all these decisions

LINKS WE MENTIONED ON THE SHOW

GET SOCIAL WITH ARIEL AND LET HER KNOW YOU HEARD ABOUT HER HERE

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Episode 115: Unique Financial Planning Needs of the LGBTQ+ Community with Brian Thompson

Episode 115: Unique Financial Planning Needs of the LGBTQ+ Community with Brian Thompson

Work Your Wealth
Episode 115: Unique Financial Planning Needs of the LGBTQ+ Community with Brian Thompson
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As both a tax attorney and CERTIFIED FINANCIAL PLANNER™, Brian provides comprehensive financial planning to LGBTQ entrepreneurs who run mission-driven businesses. Entrepreneurs hold a special place in his heart. He spent a decade defending them against the IRS as a tax attorney and has become one himself as an advisor.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Brian evolved from a tax attorney into a CFP
  • Navigating unique financial needs for the LGBTQ community
  • The impact of marriage on a couples’ finances
  • Estate planning challenges for domestic partnerships
  • The financial paperwork that should be in place for every couple
  • How to navigate different mindsets around money
  • Financial planning tools for future family members
  • What it means to run a mission-driven business
  • How to mitigate  “shiny object syndrome”
  • Where to begin if you want to create change in the world
  • The best way to measure your passion around an issue
  • How to leverage your unique expertise to make an impact

LINKS WE MENTIONED ON THE SHOW:

GET SOCIAL WITH BRIAN AND LET HIM KNOW YOU HEARD ABOUT HIM HERE

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Episode 97: Running a Business as a Couple with Angela Greaser

Episode 97: Running a Business as a Couple with Angela Greaser

Work Your Wealth
Episode 97: Running a Business as a Couple with Angela Greaser
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This week I sat down Angela Greaser to talk what it’s like running a business with your significant other.

Angela is a strategic operations consultant and co-founder of All The Ops. Led by Angela and her husband Dan, All The Ops helps business owners structure efficient teams and systems to skyrocket their profitability and claim their CEO seat.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Angela and her husband decided to go into business together
  • Deciding what role each spouse plays in the business
  • The benefits of understanding each spouse’s business strengths and weaknesses
  • The two reasons why Angela and her husband chose to have a business together
  • The goods and bads of having your significant other as your business partner
  • How communication can make or break spouses in business together
  • Why being flexible has to be a part of the framework
  • How to align your life and business goals
  • The importance of being intentional in your business
  • The risks involved with going into business with your significant other
  • Why you should have an exit strategy if the initial plan doesn’t work out
  • Three questions Angela and her husband asked to see if their business together would be sustainable

LINKS WE MENTIONED ON THE SHOW

GET SOCIAL WITH ANGELA AND LET HER KNOW YOU HEARD ABOUT HER HERE

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Episode 92: Finding Balance as an Entrepreneur with Sarah Peck

Episode 92: Finding Balance as an Entrepreneur with Sarah Peck

Work Your Wealth
Episode 92: Finding Balance as an Entrepreneur with Sarah Peck
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This week I sat down with Sarah Peck to discuss the work life balance, especially as a female in the entrepreneur world.

Sarah is a writer, startup advisor, and yoga teacher based in New York City. She’s the founder and executive director of Startup Pregnant, a media company documenting the stories of women’s leadership across work and family. She hosts the weekly Startup Pregnant podcast, and she and her partner in life and work are the instigators behind More Women’s Voices, a website that promotes women speakers and entrepreneurs. Previously, she worked at Y Combinator backed One Month, Inc, a company that teaches people to code in 30 days, and prior, as a writing and communications consultant.

She’s a 20-time All-American swimmer who successfully swam the Escape from Alcatraz nine separate times, once wearing only a swim cap and goggles to raise $33k for charity: water. To date, she’s written for more than 75 different web publications and and has delivered speeches and workshops at Penn, UVA, Berkeley, Harvard, Year of the X, Craft & Commerce, WDS, and more. One recent viral essay, The Art of Asking, has been used across tech companies and product teams to train teams in clear communications. She’s currently writing a memoir of her experience working in the tech startup world while she was pregnant with her first kid.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How Sarah got into the startup world and what drives her
  • A big issue women run into when getting ahead in their careers
  • The common thread Sarah sees throughout her audience
  • If it’s possible to balance all that life throws at you
  • The connection between being a mess and a masterpiece
  • The naked truth about how Sarah raised $30K for charity
  • Going from scraping by to feeling financially secure
  • The real questions to ask yourself when evaluating the type of work you are doing
  • Where the idea for Startup Pregnant came from
  • The financial agreement Sarah and her partner made while navigating startups
  • How to enjoy parental leave for beyond the infant stage
  • The importance of being intentional when crafting and building a business
  • A big research mistake people make when starting a business
  • How growing slow can be a really good thing for your business

LINKS WE MENTIONED ON THE SHOW

GET SOCIAL WITH SARAH AND LET HER KNOW YOU HEARD ABOUT HER HERE

ENJOY THE SHOW?