That’s Okay!

We are at the end of the first month of the year!

It’s safe to say that everyone is enthusiastic about meeting the beginning of the year. Everyone has their New Year’s resolution, commitment, and/or goal. Everything was planned out, yet things get in the way; life happens.

Today’s episode is about being okay. When you don’t lose the pound you weight, that’s okay. When you didn’t meet the saving goals you set for the month, that’s okay!

Not hitting your goals is sometimes okay. Relook, reassess, and recommit to your goals. Tune in now! 

Key Points:

[3:02] #1 Being off track with budgeting…that’s okay!

[4:30] #2 My meditation goal.

[7:55] #3 If you don’t hit your goal, it’s okay.

If you loved this episode, you have to listen to these episodes as well: 

>> The Value of a Financial Advisor 

>> Planning Your Life & Finances – a 2022 Mash Up

>> Own Your Home and Grow Your Mental Wealth

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

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Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can’t wait to meet you.

How to Deal with Financial Anxiety

Financial anxiety is one of the common issues among adults worldwide. Everybody worries about money from time to time, but financial anxiety is different. It can be a product of trauma and a serious mental health issue that you should resolve as soon as possible.

In this episode, we will talk about these key points that will help you understand the cause and how to deal with financial anxiety:

  • [2:47] Signs of Financial Anxiety 
  • [8:39] How Financial Anxiety Affects You 
  • [10:18] How To Handle Financial Anxiety 
  • [13:04] How To Overcome Financial Anxiety 

Worrying about money constantly affects your mental and physical health because of stress. The best thing to do is get professional or financial help. You don’t have to do this alone, and finding support could really help you with your struggles.

If you loved this episode, you have to listen to these episodes as well: 

>> The Value of a Financial Advisor 

>> Planning Your Life & Finances – a 2022 Mash Up

>> Own Your Home and Grow Your Mental Wealth

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

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Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com I Can’t wait to meet you.

The Value of a Financial Advisor

Partnering with a financial advisor can help you develop confidence and commitment to achieving your objectives. What are some of the benefits of working with a financial advisor?

In this episode, I will talk about the value of a financial advisor and what they can offer to you.  

Tune in now as I discuss what things could help you build your net worth!

Highlights and Resources:

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

Getting Ready For Retirement

In a person’s working life, retirement planning is a must. You are never too young or too old to get started with it. It’s an important part of life as  you grow older. After all, who would want to work at a very old age?

Today we’re going to answer a few simple questions like “What should I do with my retirement account?”, “What retirement account suits my needs and income?”, “How much money should I put in my retirement account?”

Hop in now, as I answer all of your questions, so you can get started and contribute to your retirement plans! 

Highlights:

>> Annual contribution limit for 2023

>> How much money to contribute in retirement account

>> What to do after retirement

>> Service withdrawals

>> Individual Retirement Account

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

Staying Committed To Accumulating Wealth In Year 2023

Stop writing your new year’s resolution, it’s time to stay committed to accumulating your wealth this 2023. 

Today’s episode is about how to continue to grow wealth and how to stay on track of your goals. Set your goals right, don’t list more than three goals because you will only lose focus of what you really want to do. 

2023 is not the year for excuses. Don’t be afraid to invest this 2023! Listen now! 

 

No excuses!

Any excuse for non performance however valid softens the character. 

It’s a sedative against one’s own conscience. 

When a person uses an excuse, they attempt to convince both themselves and others that being unsatisfactory is somehow acceptable. 

They perhaps unconsciously attempt to divert the attention away from performance, the only thing that counts to their own want for sympathy.

The user is dishonest with themselves as well as others. 

No matter how good or how valid, the excuse never changes the performance. 

The world measures in terms of performance alone, no person is remembered in history for what they may have accomplished. 

History never asked how hard it was to do something nor considered the obstacles that someone had to overcome. 

No person performed a worthwhile task without consciously ignoring the many plausible excuses. 

Washington MITRE reported the Delaware’s running with ice that would crush our boats. 

Lincoln might have said that people will simply not support a war to keep the South in union. 

Eisenhower may have said at Normandy, as the Germans did. 

The weather made amphibious assault impossible.

To use an excuse is a habit. We cannot have both the performance habit and the excuse habit. 

We all have a supply of excuses. The more we use them, the lower our standards become, the poor our performance, and the better we perform. 

The less plausible our excuses become. The next time you want to defend your slothfulness with an excuse instead say no excuses. 

Notice the startling effect this will have on your self respect. You will recognize your failure. 

You have been honest with yourself and you’ll be one step closer to the performance standard. 

Highlights:

>> The year 2022 ended in a rally

>> An increase in Social Security for retired people

>> Good things that happened with my family

>> Set a small number of goals for yourself in 2023

>> How to continue to grow wealth

>> How to stay track on your goals

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

Best of 2022 Mash-Up!

We are back on the podcast after a short break with a mash-up of some of the best moments from 2022!

2022 has been an amazing year! As always, we’ve continued to highlight fellow minorities who are making waves in the financial planning space, shared their stories and tactics on how you can create generational wealth for your family. We also highlighted stories from strong independent women and the LGBTQ community.

Get ready, as 2023 will only get better!

Enjoy!

Episode Highlights:

Behavioral Finance: How We Think About Money with Brian Portnoy – Jump in on our conversation as Brian shares with us how we can underwrite a life that is meaningful to us!

https://gennextwealth.com/episode/behavioral-finance-how-we-think-about-money-with-brian-portnoy

Successful Career Shifting in your 40’s with Tamara White Hutchinson – Learn how Tamara overcame money anxiety and how it led to her current career shift at 40.

https://minority-money.captivate.fm/episode/successful-career-shifting-in-your-40s-with-tamara-white-hutchinson

Breaking Glass Ceilings in Finance with Rosa Chalekian and Mari Miles-Mattingly – If you’ve ever felt like people have put you down for your gender, then we hope that this episode empowers you to prove everyone wrong and achieve your dreams!

https://minority-money.captivate.fm/episode/breaking-glass-ceilings-in-finance-with-rosa-chalekian-and-mari-miles-mattingly

Motivation vs Commitment – Each time the new year arrives there’s always this sudden motivation to push ourselves to do better, but here’s the thing. But motivation comes and goes. What you’ll really need is commitment to actually push through.

https://minority-money.captivate.fm/episode/motivation-vs-commitment

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

A Better Alternative in Investing with Shana Sissel, CAIA

There comes a season in life where you’ve planned everything out and your course seems to be going in a straight line and suddenly, everything goes wayward. Challenges begin to pile up and you don’t know which one to deal with first. When all the doors are being shut, it might be a sign for you to take an alternate course. 

Today we are joined by Shana Sissel, Founder, President, & CEO of Banríon Capital Management, the Queen of Alternatives, Mrs. Illinois Intl 2020, and Co-Host of The Black Swans Podcast. Shana joined us in Episode 89 where she showed us why women should be in the field of finance. A lot has changed since the last time she was here on the show! In this episode, she gets candid and shares the challenges she overcame in the past months leading her to start Banríon Capital Management. 

Shana talks about the challenge of overcoming problems, and beginning an alternate path to achieve the goals she has for herself, her son, and for the industry. With her company, she wants to help both advisors and clients navigate through the world of alternative investments by providing advisors all the tools and databases they need to build alternative portfolios. 

The path you take whether it be in life or in your investments doesn’t need to be the same as everyone else, or what other people expect of you, you just have to focus on the alternate path and investments that best works for you! 

 

Highlights:

>> Founding Banríon Capital Management

>> The challenges Shana faced over the past 14 months

>> What are alternatives

>> Making diversification happen through alternatives

>> Alternatives as a way to diversify portfolios

>> Working with companies with the same vision 

>> Shana’s liquid alternative models 

>> Providing turn-key solutions that advisors can use 

>> Giving the average retail investor and the average advisor access to analytical tools 

>> Bouncing back from rock bottom 

>> Shana on making an effort to improve her mental health and overall well-being

>> The importance and impact of sharing the vulnerable stories 

Connect with Shana:

>> LinkedIn: www.linkedin.com/in/shsissel 

>> Website: www.banrioncapital.com 

>> Instagram: @finance_queen2020 

>> Twitter: @shanas621 

Shana’s Projects:

>> The Black Swans Podcast

>>The Often-Forgotten Art and Science of Manager Due Diligence  

If you loved this episode, you have to listen to these episodes as well: 

>> Empowering Women to be in Finance with Shana Sissel

>> Compass vs. Map: How to Navigate When Life Gets Off-Course 

>> The Secret to Being a Successful Investor with Daniel Crosby 

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

Bucket Days to Wealth & Financial Freedom with Andre Albritton

To be able to build wealth, you need to begin with a holistic approach to financial planning that is simple enough so you’ll stick with it through up and down times.

In this episode, Andre Albritton of The Millennials Next Door will share the Bucket Days Approach to building wealth. People, especially millennials, are intimidated by financial planning and budgeting. Andre makes this less intimidating by breaking down the process of financial planning and budgeting into 3 Buckets. This method will help you focus on what you can do in each season to build wealth – setting financial goals, developing a plan, retiring rich, and building generational wealth.

Andre is a nationally recognized personal finance expert dedicated to helping millennials reach financial freedom. He is redefining wealth and is inspiring others to reach financial freedom on their terms. His work has been featured on Blavity, HBCU Wall Street, His & Her Money and much more.

Learn these simple principles to help you reach your financial goals! Tune in now!

 

Highlights:

>> Millennials Next Door

>> Bucket Days Approach

>> Emotional cycle in spending money

>> Yesterday is expenditures mistake

>> Today is establishing a spending plan

>> Tomorrow is retirement planning

>> Why real estate is important for tomorrow’s plan

>>  Andre’s fact: Mindset has more impact in wealth building

Connect with Andre:

>> LinkedIn: www.linkedin.com/in/andrealbritton

>> Website: tmndfinance.com

>> Instagram: @themillennialsnextdoor

>> Instagram: @andre3000n1

>> Twitter: @Millennials_N_D

>> Tiktok: @andre3000n1

If you loved this episode, you have to listen to these episodes as well: 

>> Empowering Women to be in Finance with Shana Sissel

>> People of Color Disrupting the Financial Industry with Dana Wilson

>> Creating Change Through Representation with Ana Trujillo Limón

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.

Planning Your Life & Finances – a 2022 Mashup!

We’re about to enter the 4th quarter of 2022! How have you been doing so far? We have curated some of the episode highlights from the earlier part of the year. These episodes are foundational in planning and building towards a life of wealth for you and your family.

Take a look back on these episodes and let’s finish the year strong! Enjoy this episode!

Links to the full episodes and show notes:

Life Planning: Looking Beyond Finances with George Kinder https://minority-money.captivate.fm/episode/life-planning-with-george-kinder

We’ve talked so much about financial planning on this podcast, but there’s a much bigger picture we also need to consider when we lay down our finances. And that’s life planning– where we aim our financial goals based on what we want to achieve in our lifetime and how we can support our dreams.

Financial Planning and the Racial Wealth Gap with Dr. Miranda Reiter, Ph.D. https://minority-money.captivate.fm/episode/financial-planning-and-the-racial-wealth-gap-with-dr-miranda-reiter-phd

For a long time, gender and racial equality stood far from ever being recognized and addressed. It’s only in recent years that we as a society have progressed to be much more inclusive and representative of minorities in the financial planning field. Join us in this episode as we talk about the facts and how the industry needs to change to present more equal and equitable opportunities for minorities.

Creating your Financial Narrative with Shehara Wooten [Black History Month Special] https://minority-money.captivate.fm/episode/creating-your-financial-narrative-with-shehara-wooten-black-history-month-special

We all have a story that is uniquely our own and just like with finances, not everyone goes through the same journey. Shehara Wooten is one such financial planner who is here to help you create your own financial narrative which caters to your specific needs. 

Building Generational Wealth with Lea Landaverde https://minority-money.captivate.fm/episode/building-generational-wealth-with-lea-landaverde

Building wealth for ourselves is a dream for all of us but building generational wealth that will help your entire family and all the future generations to come after you is even better. Here to help you realize that you too can achieve this is Lea Landaverde. If you were born into not the best of circumstances and looking to break through and live the life you’ve always dreamt of for yourself and your entire family then this week’s episode is just for you.     

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I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com Can’t wait to meet you.

Successful Career Shifting in your 40’s with Tamara White Hutchinson

It doesn’t matter how old you are, if you want to make a change and uplevel your skills, you can do it!

Tamara White Hutchinson is a public relations and communications practitioner of more than 20 years and recently began the process of transitioning into the financial industry, with her money coaching company, The Cash Class. Tamara and I talk about how anyone can successfully change careers in their 40’s. She also shares the change she went through when she started suddenly making six figures at 25 year old from making only $35,000 a year. We also talk about money anxiety and how she educated herself into a better relationship with money.

Learn how Tamara overcame money anxiety and how it led to her current career shift. Tune in now!

 

Highlights:

>> Planted seeds of grit and resilience

>> Tamara’s money anxiety

>> Learning more and figuring out what causes her anxiety

>> From PR to CFP at 40

>> Importance of advisors in running the numbers

>> More room for women, people of color, and LGBT community in the financial industry

Connect with Tamara:

>> Website: thecashclass.com

>> Facebook: www.facebook.com/thecashclass

>> Instagram: @thecashclass

>> linktr.ee: linktr.ee/thecashclass

>> Twitter: @thecashclass

If you loved this episode, you have to listen to these episodes as well: 

>> Empowering Women to be in Finance with Shana Sissel

>> People of Color Disrupting the Financial Industry with Dana Wilson

>> Creating Change Through Representation with Ana Trujillo Limón

I’m sure you’re getting tons of value from the podcast! Don’t forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS 👉 (https://bit.ly/3l18yWQ) with a friend.

 

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Let’s Continue the Conversation! Head on over to the Facebook Group and let’s discuss how we can change the complexion of wealth (https://bit.ly/3jO4cmF

Want to chat with a fee-only financial planner? Shoot me an email at emlen@minoritymoneypodcast.com  Can’t wait to meet you.