Breaking Money Silence®

Is the cannabis industry is unbanked? | Episode 77

Are you curious about the cannabis industry? Interested in investing in the “Green Rush?” Listen to this interview with Emily Tuttle, Director of Marketing for iDry Systems and hear how the industry is rapidly changing and how complex it can be for businesses to get their banking needs met. To find out more about iDrySystems and their work in the cannabis drying industry, go to iDrySystems.com or email Emily directly at [email protected]. If you enjoyed this episode, check out my interv...

The cannabis industry is unbanked.

Are you curious about the cannabis industry? Interested in investing in the “Green Rush?” Listen to this interview with Emily Tuttle, Director of Marketing for iDry Systems and hear how the industry is rapidly changing and how complex it can be for businesses to get their banking needs met.  To find out more about iDrySystems and their work in the cannabis drying industry, go to iDrySystems.com or email Emily directly at [email protected].  If you enjoyed this episode, check out my int...

Is the cannabis industry unbanked? | Episode 77

Do men build bigger businesses than women?

Do men build bigger businesses than women? Are they more profit-motivated or entrepreneurial? Find out when Kathleen interviews Jenneth (Jen) Fleckenstein, Co-Owner, Clear Water Filtration, Inc. and Partner, Collaborative Brewing. Two women business owners discussing the pros and cons of working in male-dominated industries. Listen in as we bust this myth wide open! Jen is a passionate small businesswoman who has great care and concern for water quality and how it impacts people and the env...

Do men build bigger businesses than women? | Episode 76

Is it true that women are not good with numbers? | Episode 75

Women are not good with numbers.

Is it true that women are not good with numbers? Find out in this episode as Kathleen interviews Stacy Francis, Founder of Savvy Ladies, about this myth and how her grandmother paid a high price for not being financially literate. To honor her grandmother’s memory, Stacy founded Savvy Ladies to empower women to take control of their finances and their lives. Special Announcement: The Savvy Ladies Annual Benefit Gala will take place on Thursday, November 21st at the Princeton Club of New Yor...

Is there a high financial cost of selling your company stock? | Episode 74

Is there a high cost of selling your company stock? | Episode 74

Kim Gaxiola, CFP® and Victor Gaxiola, TechGirl Financial In this episode, Kathleen speaks with Kim and Victor Gaxiola about behavioral finance and how you may be tempted to hold onto a stock longer than it makes sense financially for you to do – especially if you feel loyal to the firm. Learn the value of diversification and how working with an advisor can help you be more objective about your investments and your financial future. Special Announcement: Kim and Victor subscribe to the Break...

Money Myth: There is a high cost of selling your company stock.

Kim Gaxiola, CFP® and Victor Gaxiola, TechGirl Financial In this episode, Kathleen speaks with Kim and Victor Gaxiola about behavioral finance and how you may be tempted to hold onto a stock longer than it makes sense financially for you to do – especially if you feel loyal to the firm. Learn the value of diversification and how working with an advisor can help you be more objective about your investments and your financial future.                            Special Announcement: Kim and V...

How much should you invest to grow your business? | Episode 73

Do you need to spend 7% of your gross income to grow your business? | Episode 73

Matt Halloran, CEO | Top Advisor Marketing How much should you invest in marketing? Listen in as Kathleen interviews Matt Halloran, a marketing and podcasting guru, to find out the answer. Learn the difference between sales and marketing, the best digital platforms for diverse businesses, and why old-fashion, in person networking is still vital to any business owner’s success. Matt has had a long standing love affair with radio. At the age of 13, he discovered his high school radio station,...

Money Myth: You need to spend 7% of your gross income to grow your business.

Matt Halloran, CEO | Top Advisor Marketing How much should you invest in marketing? Listen in as Kathleen interviews Matt Halloran, a marketing and podcasting guru, to find out the answer. Learn the difference between sales and marketing, the best digital platforms for diverse businesses, and why old-fashion, in person networking is still vital to any business owner’s success.  Bio:  Matt has had a long standing love affair with radio. At the age of 13, he discovered his high school radio...

Do men manage the majority of the wealth in this country? | Episode 72

Money Myth: Men manage the majority of the wealth in this country.

Jeffery Tobias Halter, President of YWomen Do men really control the majority of the wealth? What is the best way to empower women and couples to be more financially fit? Listen in as Kathleen interviews Jeffery on his advocacy work with corporate male leaders aimed at improving gender parity. Notice how these two experts have different philosophies but share a common goal – equality for all.    What do you think? Post your thoughts in the comment section below or e-mail me at kbk@kbkwealt...

Money Myth: It’s impossible to save money when you don’t make a lot.

Jim Parker, President, iDry and Cure Systems Is it possible to save for the future and grow a business when your income is ‘too low’? Find out the answer when Kathleen interviews Jim Parker, entrepreneur and father of two, about how he has busted this money myth open in his personal and professional life. Listen and learn how Jim’s early family money messages impacted his savings behavior, how meeting a partner with a different money mindset influenced his financial habits, and how he went ...

Is it true that it is impossible to save money when you don’t make a lot? | Episode 71

Is it impossible to save money when you don’t make a lot? | Episode 71

Jim Parker, President, iDry and Cure Systems Is it possible to save for the future and grow a business when your income is ‘too low’? Find out the answer when Kathleen interviews Jim Parker, entrepreneur and father of two, about how he has busted this money myth open in his personal and professional life. Listen and learn how Jim’s early family money messages impacted his savings behavior, how meeting a partner with a different money mindset influenced his financial habits, and how he went f...

Is pursuing your passion is not profitable? | Episode 70

Sean Lawson, Owner – Lawson’s Finest Liquids Sean’s journey to becoming a brewer began when he was introduced to the hobby of home brewing 29 years ago. Today, he owns a profitable business and recently opened a retail shop and brewhouse in Waitsfield, Vermont. If you have a passion project and are considering making it your full-time job, this podcast is for you. Just love craft beer? Trust me, you are going to want to hear the story of the award-winning Sip-of-Sunshine and what is in store...

Can pursuing your passion be profitable? | Episode 70

Money Myth: Pursuing your passion is not profitable.

Sean Lawson, Owner – Lawson’s Finest Liquids Sean’s journey to becoming a brewer began when he was introduced to the hobby of home brewing 29 years ago. Today, he owns a profitable business and recently opened a retail shop and brewhouse in Waitsfield, Vermont. If you have a passion project and are considering making it your full-time job, this podcast is for you. Just love craft beer? Trust me, you are going to want to hear the story of the award-winning Sip-of-Sunshine and what is in stor...

Money Myth: Wealthy People are Miserable

Lisa Schermerhorn, Certified Hypnotist and Coach   Does money buy happiness? Research says no, but still this myth prevails. Listen in to Kathleen’s conversation with Lisa about how money mindsets impact your perception of wealth and how changing your mindset can increase financial health.  Lisa Shermerhorn received her B.A. in Management from Simmons College. She is certified in NLP, a Certified Hypnotherapist, Clarity Coach and a professional speaker. Lisa founded Indigo Wellness Center ...

Are wealthy people miserable? | Episode 69

Is it true musicians don’t make any money? | Episode 68

Money Myth: Musicians don’t make any money.

Clint Bierman, Owner, LionTone Studio and Founding member of The Grift The Grift is a Vermont band with a cult-like following. As a fan, I wanted to know what made the band so successful and how Clint, one of the front men of the band, seemed to bust through the money myth that musicians make no money. I invited him for a candid conversation about money, music, and his dedication to teaching the next generation of musicians the art of songwriting.  SPECIAL ANNOUNCEMENTS: American Idiot - M...

Musicians don’t make any money? | Episode 68

Clint Bierman, Owner, LionTone Studio and Founding member of The Grift The Grift is a Vermont band with a cult-like following. As a fan, I wanted to know what made the band so successful and how Clint, one of the front men of the band, seemed to bust through the money myth that musicians make no money. I invited him for a candid conversation about money, music, and his dedication to teaching the next generation of musicians the art of songwriting. SPECIAL ANNOUNCEMENTS: American Idiot - May...

Are financial advisors experts at giving advice? | Episode 67

Money Myth: Financial advisors are experts at giving advice.

A financial advisor can save you time and help you remain disciplined about reaching your financial goals. But are they an expert at giving advice? And should you always follow their recommendations? Listen in as Kathleen and Moira discuss the human side of finance and how advisors may need a little more training to become proficient in advice giving.  SPECIAL ANNOUNCEMENTS: Dr. Somers published a book for financial professionals in 2018 called Advice that Sticks: How to Give Financial Advi...

Do female breadwinners have unhappy marriages? | Episode 66

Money Myth: Female breadwinners have unhappy marriages.

Do female breadwinners and their partners have unhappy marriages? As the number of women who primarily earn the money for the family rises, more people are wondering what toll this takes on the family. Listen in as Kathleen interviews Melanie and Risha about this belief and find out if it is fact or fiction.  Bios:              Melanie Mendiola, a Guam native, was practically born into the local food scene. Her grandfather opened one of Guam’s oldest restaurants – Kinney’s Café – in ...

Money Myth: Women-owned businesses are lifestyle businesses.

Gwen Pokalo, Director, Center for Women & Enterprise In honor of Women’s History Month, Gwen and Kathleen discuss stereotypes surrounding female entrepreneurs and how these fallacies negatively impact access to funding and gender parity. Listen in and learn tips for busting this myth wide open and how and why you should take women business owners seriously.  Check out cweonline.org and sba.gov for more information and support in starting and growing a business.  Bio: Gwen is the Directo...

Are women-owned businesses lifestyle businesses? | Episode 65

Money Myth: Skiing is too expensive.

Eric Friedman, Mad River Glen, Marketing Director When you look for an activity to do as a family – with your kids, your grandkids – does skiing enter the picture or is it immediately rejected because of the cost? Kathleen and Eric discuss the myth that skiing is too expensive and offer you tips for saving money when you do hit the slopes. ________  Eric Friedman comes from a long line of great, Jewish skiers from New Jersey and didn’t realize until he was an adult that it wasn’t normal ...

Is skiing is too expensive? | Episode 64

Money Myth: Stock selection is the best predictor of wealth creation.

Daniel Crosby, Ph.D., Chief Behavioral Officer, Brinker Capital  Are you tempted to fill your portfolio with the latest, greatest hot stocks, predicting that they will continue to increase in value and create more wealth for you? If so, then you should listen in as Kathleen interviews Daniel Crosby, New York Times Bestselling author and behavioral psychologist, about the psychology around stock selection and how human error blocks many investors from realizing the best returns.  Bio: Educ...

Is stock selection is the best predictor of wealth creation? | Episode 63

Is it true women don’t ask for help or more money? | Episode 62

Money Myth: Women don’t ask.

Ashley Paré, Founder and CEO of Own Your Worth LLC http://ownyourworth.com/  Is it true that women don’t ask for help at home or more money at work? In this episode, Kathleen interviews Ashley Pare, about this myth and together they discuss the skills you need to ask for what you want and empower others around you to do the same.  Listen and discover….  Negotiations are about more than money To be successful you need to know your value and be able to discuss numbers Explore and overcom...

Is budgeting too hard and a waste of time? | Episode 61

Money Myth: Budgeting is too hard and a waste of time.

Carol Craigie, MA, CHFC®, CFP®, Managing Partner & Chief Compliance Officer, Fiscal Fitness Clubs We spend 33% of our life energy on money and then we ignore it. Listen in as Carol and Kathleen discuss how to make peace with making a budget and tips for making the process easier using technology.  Bio: Carol is a psychologist turned financial planner. She knows first-hand what it is like to face a financial crisis as her husband’s total disability at a young age resulted in a career change...

Are financial advisors hired only for investment advice? | Episode 60

Money Myth: Financial advisors are hired only for investment advice.

Ben Jones, President & Chief Operating Officer, BMO Global Wealth Management and Host of Better Conversations podcast Do you believe that financial advisors only provide investment advice? If so, you are not alone. In this podcast, learn the truth about the services and value a trusted advisor provides to you and your family. In this episode, listen to Kathleen as she interviews Ben Jones about this myth and how an emotionally intelligent advisor addressed the human side of finance.  Liste...

Money Myth: A Spouse Comes with a House

Growing up, I was taught that “A Spouse Comes with a House.” Not a very feminist notion, but one that was woven into the fabric of our societal beliefs about money and home ownership.  In this NPR, Nothing Funny About Money segment, I bust open the myth, “A Spouse Comes with a House,” and discuss some interesting statistics, including the fact that 24% of homebuyers in the United States are single and 17% of these homebuyers are single women. Why is it that more than twice as many single w...

Does a spouse come with a house? | Episode 59

Money Myth: Retirement is wonderful.

Patti Black, CFP®, Bridgeworth, LLC, Partner https://bridgeworthfinancial.com/ Are you looking forward to the day you retire and sail off into the horizon without any cares? Did you know that planning for the non-financial side of retirement is just as important as the financial side? Patti and Kathleen talk about how to determine your retirement vision and how doing so along with number crunching is vital to when preparing for this next phase of life.  Key Take-Aways:  Don’t just focus ...

Is retirement is wonderful? | Episode 58

Money Myth: If I get any money, I'll just lose it.

Paulette Perhach, Author, Host of Can We Talk About Money podcast www.pauletteperhach.com Why bother saving money because you’ll either just spend it or give it away. Kathleen and Paulette discuss this myth and the psychology behind saving money and roadblocks to being financially healthy.  Key Take-Aways:  Understand your money history. Understanding your money history is crucial to understanding your mindset about money, savings, spending, and investing. It is the first step toward cha...

If I get any money, will I just lose it? | Episode 57

Money Myth: As a stay-at-home parent, I'm financially protected once I'm married.

Lisa Zeiderman, Managing Partner, Miller Zeiderman & Wiederkehr, LLP https://mzwnylaw.com/ Lisa and Kathleen delve into the myth that as a stay-at-home parent, you don’t have to worry about finances. Getting married can offer many benefits, including financial ones. It can also bring some devastating financial consequences. Couples who don’t talk about money before they get married might find themselves in a situation where they feel they are shouldering more of the financial burden than th...

As a stay-at-home parent, am I financially protected once I’m married? | Episode 56