Empowered Planning Blog

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Episode Summary:

In this engaging episode of the Empowered Planning Podcast, we discuss the critical yet often overlooked topic of financial trauma. Joined by the esteemed financial coach and author Rahkim Sabree, we explore the intricate relationship between money, mental health, and personal experiences. Rahkim shares his journey into financial therapy, revealing how personal and observed experiences can profoundly affect our financial behaviors. We discuss real-life stories, define financial trauma, and provide actionable advice for those seeking to understand and overcome their financial hurdles. Join us as we expose the layers of financial trauma, offering guidance, empathy, and strategies to empower your financial journey.

Topics:

• Understanding the psychological aspects of financial trauma and its impact on individuals
• Exploring how financial trauma affects relationships and strategies for overcoming these challenges
• ...

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Episode Summary:

Welcome back to The Empowered Planning Podcast. As we celebrate Women's History Month, I want to dive deeper into the world of women and money, and not just how we spend our money or how we invest our money, but also looking into the financial industry itself. I have a long time friend of mine, Ashley Sullivan on the show today. She's been advising clients since 2007 and spent about 13 years between Fidelity and Schwab as a financial advisor. One interesting thing that came up when Ashley and I were talking before we recorded the podcast was about her experience as a part of women’s collective for an organization that she worked for in San Diego and how she was trying to get more women a seat at the table so they could have these open conversations and dialogue about money . And at the time, the questions were often directed at how they were able to have a thriving career in finance as a working mom. What...

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Episode Summary:

Welcome back to another episode of The Empowered Planning Podcast! Even though we are still in February, we're tackling a question today that might not be about love, but it's definitely close to our hearts: what should you do with an old 401k? Whether you're deeply invested in plotting your financial future or just starting to ponder over your retirement savings, this episode is designed with you in mind. Navigating your options for an old 401k can feel like navigating a relationship: it's important, sometimes complicated, but ultimately rewarding. You may consider keeping it with your previous employer, moving it to your new job's plan, or rolling it into an individual retirement account. Each choice has its own set of advantages and disadvantages, and just like in any good partnership, it's all about finding the right balance that works for you. My goal for this episode is to equip you with the knowledge and...

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Episode Summary:

I’m so excited to have a long time client and friend on the podcast today, Betsy Smith. Betsy is a multi-passionate entrepreneur who owns her own hair salon and handcrafted souvenir shop. The best part? She didn’t take action on these businesses until she was 29 years old which shows it’s never too late to pivot. Throughout our conversation, you’ll hear a bit about Betsy’s Amish upbringing and how this informed the way she feels about money and financial decisions as a whole. Betsy has done so much work in not only creating a business (and life!) that she’s proud of, but healing and overcoming negative money narratives. I hope this conversation leaves you feeling inspired.

Topics:

• Where Betsy’s entrepreneurial and rebel spirit comes from and how it informs her decisions today 
• What the financial conversations for Betsy were like growing up in the Amish community...

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Episode Summary:

I have a very special guest on The Empowered Planning Podcast today – Clifton Corbin! He is a father, a Registered Financial Consultant (RFC), has his MBA, and has amassed over two decades of business consulting experience. Currently, he has left the office to be a stay-at-home dad, but in his spare time, he has written and published multiple books. I’m excited to have him on today to chat about the importance of financial literacy within our families, how to talk to kids about money, and how he approaches different financial topics with his own children (including if you should give them allowance or not!). Clifton has a wealth of knowledge around this subject and there’s so much to learn from him during this episode.

Topics:

• The role that Clifton’s parents and upbringing played in his own beliefs around money and financial literacy 
• What inspired Clifton to write books,...

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Episode Summary:

I’m excited to share our first guest episode of 2024 with Nikki Nie, a 500 hour ERYT Tantric Hatha Yoga and Meditation teacher and client of mine! I’ve seen Nikki make the transition into entrepreneurship with so much success (and financial stability!) and wanted her to share her story today on the podcast because she shows what’s possible for you if you’re thinking of making the leap from contractor to business owner. Chasing her passions is what’s most important to Nikki, but she wanted to make sure she was protected financially. Throughout our work together she has drastically reduced her debt, has leveraged multiple income streams, and has increased her confidence with money. Nikki blows me away and I’m so excited for you to learn from her during this conversation!

Topics:

• How Nikki moved from professional dancing in Hollywood to entrepreneurship via yoga and...

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Episode Summary:

This is episode eight and it's going to be the last episode until 2024 but I will see you back here in January. We're going to take a break through the holiday season to finish up some year-end deadlines and to be more present on the home front. I think that gets lost sometimes this season, especially if you're a mom taking care of making it a magical, magical time for everybody. But in today's episode I want to dive deeper into how your self-worth is not or should not be dictated by your net worth. I think this is a timely topic because about 70% of the US GDP comes from consumer spending, which really flares up around the holidays – there’s shopping opportunities all around us and it's hard not to think about money. So let’s talk about what this all means today on The Empowered Planning Podcast!

Topics:

• The negative effects that come with attaching your self-worth to money in any regard,...

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Episode Summary:

Are you feeling the pressure of the holiday season? Maybe you’re feeling so stressed out that you non longer feel the joy that can be so abundant at the end of the year. I’m so excited to have our first guest on the episode today, my dear friend Jean is joining me to talk about how she has learned to shift out guilt for joy in her life (because there is so much of it to be had). She shares the practices that have helped her overcome the common challenges that we all face in raising children while being career driven women. I hope our conversation today can help you come back home to not only the meaning of this season, but why you do what you do each day!

Topics:

• That practices that really worked for Jean as she faced some of the challenges with raising children and working full time
• The importance of taking care of yourself, even if it’s just ten minutes a day, and how to start that routine...

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Episode Summary:

We have about two months left in the year, which is crazy to say, but as we're gearing towards the end of 2023, I'm starting to get a lot of questions around taxes if you have a side hustle, if you're part of the gig economy, if you started freelancing, or if this is your first year as an entrepreneur. There is a lot of unknown in this area for most people, this can lead to a bit of panic but rest assured you have time to figure it all out if you start to be proactive today! In fact, I believe now is the perfect time to start planning for your taxes because you're getting yourself ahead of the holiday season, which can be an expensive time of year. So dive in with me as I walk you through steps you can take today to feel more confident about filing your taxes come the new year!

Topics:

• The most important things to keep in mind as you prepare to file your taxes for 2023
• Why Shinobu believes the first thing you...

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Episode Summary:

Last week on the podcast, we talked about how to unpack all of the money baggage that we essentially got through our childhood and growing up, so if you haven’t listened to that episode, go do that now! This week I want to take things a step further and talk about the six most common money blind spots, as I call them, that tend to show up in our lives. Money blind spots are beliefs or thoughts that obstruct the way that we view money in our lives. In this episode, I want to try to normalize this for you because we have all of these voices in our head that we interact with throughout the day that can prevent us from moving forward in our lives if we don't really address them. My hope is that you’ll listen to this episode and leave with actionable steps you can take to heal your money blind spots to become more confident in your financial decision making!

Topics:

• How Shinobu identifies money blind...