Breaking Money Silence®

Myth: I don't need to talk about finances before getting married.

Julie Lawrence, CFP®, Lawrence Financial Planning, LLC Myth: I don’t need to talk about finances before getting married. Not talking about money is the number two reason couples divorce according to Marriage.com. But couples who discuss money matters regularly act as a team and report greater levels of satisfaction with their partners. In today’s episode, Kathleen and Julie Lawrence, CFP®, examine the myth that couples don’t need to talk about finances before getting married. Listen in and...

Does keeping business costs as low as possible maximize profits? | Episode 31

Myth: Keeping business costs as low as possible maximizes profits

Many business owners believe they should maximize their profits by keeping their expenses as low as possible. In this episode, Ken Lizotte and Kathleen explore when, how, and why to invest in yourself and in your business and how that leads to sustainable profitability. As you find out, spending money to develop skills or expand your business can actually set you apart from the competition. It is what both these successful thought leaders have done, so listen in and find out how to bust this...

Keeping business costs as low as possible maximizes profits. | Episode 31

Ken Lizotte, Author and Chief Imaginative Officer, emerson consulting, inc. Many business owners believe they should maximize their profits by keeping their expenses as low as possible. In this episode, Ken Lizotte and Kathleen explore when, how, and why to invest in yourself and in your business and how that leads to sustainable profitability. As you find out, spending money to develop skills or expand your business can actually set you apart from the competition. It is what both these succ...

Why should I worry about money if some day my prince will come? | Episode 30

I don’t need to worry about money, some day my prince will come. | Episode 30

Barbara Stanny, Author Prince Charming Isn't Coming Women can have a love/hate relationship with money. Even in today’s society, some women feel they are not going to be attractive to a mate if they are financially put together. Barbara Stanny and Kathleen delve into the notion that women are still waiting for Prince Charming to rescue them financially instead of empowering themselves to learn about investments and money management. Listen in as they discuss the importance of busting this my...

Myth: I don’t need to worry about money, some day my prince will come.

Women can have a love/hate relationship with money. Even in today’s society, some women feel they are not going to be attractive to a mate if they are financially put together. Barbara Stanny and Kathleen delve into the notion that women are still waiting for Prince Charming to rescue them financially instead of empowering themselves to learn about investments and money management. Listen in as they discuss the importance of busting this myth wide open so that women of all ages can be more f...

Myth: Couples don't need to talk about money.

Dr. Dorian Mintzer, Revolution Retirement  As a child, Dori grew up recognizing different money mindsets by watching her parents’ financial habits. Couples may have a division of labor when it comes to finances; but, it is important they talk about them so they know what questions should be asked in times of crisis. Dori and Kathleen explore this myth and why it is important that couples need to talk about money and that is actually an act of love.  Take Aways:  Use “I” statements when ta...

Is it true couples don’t need to talk about money? | Episode 29

Couples don’t need to talk about money. | Episode 29

Dr. Dorian Mintzer, Revolution Retirement  As a child, Dori grew up recognizing different money mindsets by watching her parents’ financial habits. Couples may have a division of labor when it comes to finances; but, it is important they talk about them so they know what questions should be asked in times of crisis. Dori and Kathleen explore this myth and why it is important that couples need to talk about money and that is actually an act of love. Take Aways: Use “I” statements when tal...

Myth: A Man is a Plan.

Paula Harris, Co-Founder, WH Cornerstone Investments  A man is a plan is a myth many women, unfortunately, use to avoid dealing with their finances. In this podcast, listen to Kathleen interview Paula about how to break this myth down so you can start to make simple decisions every day to reach financial security.  Listen in and discover:  Why it is important to take care of yourself financially and not wait until you are married to let your partner do it for you. How to practice the “se...

Is a man a plan? | Episode 28

A Man is a Plan. | Episode 28

Paula Harris, Co-Founder, WH Cornerstone Investments A man is a plan is a myth many women, unfortunately, use to avoid dealing with their finances. In this podcast, listen to Kathleen interview Paula about how to break this myth down so you can start to make simple decisions every day to reach financial security. Listen in and discover: Why it is important to take care of yourself financially and not wait until you are married to let your partner do it for you. How to practice the “set...

Myth: It is okay to ignore your finances.

Anne Dickinson, Eye on Your Business When business owners buy into the myth that it is okay to ignore your finances, their bottom line probably suffers. In this episode, Kathleen interviews Anne about how not knowing “your numbers” negatively affects your business and how more female business owners than men may suffer from this myth. Listen and learn: Why financial knowledge is power, and how learning more about your business finances boosts confidence. How to take one small step at ...

It is okay to ignore your finances. | Episode 27

Anne Dickinson, Eye on Your Business When business owners buy into the myth that it is okay to ignore your finances, their bottom line probably suffers. In this episode, Kathleen interviews Anne about how not knowing “your numbers” negatively affects your business and how more female business owners than men may suffer from this myth. Listen and learn: Why financial knowledge is power, and how learning more about your business finances boosts confidence. How to take one small step at a...

Is it okay to ignore your finances? | Episode 27

Because you only live once, isn’t planning unnecessary? | Episode 26

Myth: Planning is unnecessary because you only live once.

Kelly Shikany, CFP® CDFA™, Lakeside Wealth Management In this episode, Kathleen talks to Kelly about the myth, “Planning is unnecessary because you only live once.” When people buy into this myth they often wait too long to seek the help of an advisor. Kelly busts this myth open and discusses the importance of financially planning for the future so you can enjoy today. Listen and discover:  How planning for the future now, gives you many more choices when it comes to how you want to live ...

Planning is unnecessary because you only live once. | Episode 26

Kelly Shikany, CFP® CDFA™, Lakeside Wealth Management In this episode, Kathleen talks to Kelly about the myth, “Planning is unnecessary because you only live once.” When people buy into this myth they often wait too long to seek the help of an advisor. Kelly busts this myth open and discusses the importance of financially planning for the future so you can enjoy today. Listen and discover: How planning for the future now, gives you many more choices when it comes to how you want to live ...

Myth: Couples need to be equally involved in managing money.

Julie Littlechild, Founder, Absolute Engagement The idea that couples don’t need to be equally involved in managing money sounds contrary to popular financial planning mindsets. Kathleen and Julie discuss what happens when both individuals in a couple are not equally involved in finances, how to handle expectations, and improve effective communications around money. Listeners walk away with tips on how to reframe the money conversation, decide who is better equipped to take the lead on exec...

Do couples need to be equally involved in managing money? | Episode 25

Couples need to be equally involved in managing money. | Episode 25

Julie Littlechild, Founder, Absolute Engagement The idea that couples don’t need to be equally involved in managing money sounds contrary to popular financial planning mindsets. Kathleen and Julie discuss what happens when both individuals in a couple are not equally involved in finances, how to handle expectations, and improve effective communications around money. Listeners walk away with tips on how to reframe the money conversation, decide who is better equipped to take the lead on execu...

Myth: I can't save money.

Sam X Renick, Founder Sammy Rabbit If couples have problems talking about money, just imagine how hard it is for them to teach their kids about money. As a parent, you may avoid money conversations because they can be an emotional or uncomfortable. If you are a teacher, you may not feel qualified to teach about money. But in today’s society of instant gratification, teaching our kids about money, money habits, and attitudes is vital if we want the next generation to have sound financial hab...

I can’t save money. | Episode 24

Sam X Renick, Founder Sammy Rabbit If couples have problems talking about money, just imagine how hard it is for them to teach their kids about money. As a parent, you may avoid money conversations because they can be an emotional or uncomfortable. If you are a teacher, you may not feel qualified to teach about money. But in today’s society of instant gratification, teaching our kids about money, money habits, and attitudes is vital if we want the next generation to have sound financial habi...

Is it true that I can’t save money? | Episode 24

You should always financially take care of your family. | Episode 23

Rianka R. Dorsainvil, CFP®, Founder and President, Your Greatest Contribution (YGC) When do you, or should you, stop taking care of your family financially and does this myth affect women and wealth more than men? The idea that you should let your family deal with the consequences of their financial choices may be harder for women to handle than men. In today’s episode, Kathleen and Rianka explore this money mindset and how it negatively affects having financially responsible family members....

Myth: You should always financially take care of your family.

Rianka R. Dorsainvil, CFP®, Founder and President, Your Greatest Contribution (YGC) When do you, or should you, stop taking care of your family financially and does this myth affect women and wealth more than men? The idea that you should let your family deal with the consequences of their financial choices may be harder for women to handle than men. In today’s episode, Kathleen and Rianka explore this money mindset and how it negatively affects having financially responsible family members...

Should you always financially take care of your family? | Episode 23

Money is the root of all evil. | Episode 22

Megan McAvoy, President of Aspire to Retire Rich How many times have you heard that money is the root of all evil? Actually, the true phrase is “for the love of money is a root of all kinds of evil.” Quite a different meaning, isn’t it? Listen to Megan and Kathleen discuss how believing that money is the root of all evil affects your financial health and how you can change that mindset by shifting your understanding that there is nothing wrong with money or the possession of money. It is onl...

Is money the root of all evil? | Episode 22

Myth: Money is the root of all evil

Megan McAvoy, President of Aspire to Retire Rich How many times have you heard that money is the root of all evil? Actually, the true phrase is “for the love of money is a root of all kinds of evil.” Quite a different meaning, isn’t it? Listen to Megan and Kathleen discuss how believing that money is the root of all evil affects your financial health and how you can change that mindset by shifting your understanding that there is nothing wrong with money or the possession of money. It is on...

Myth: Aging parents communicate with you about money.

Kelly Pelissier, Creative Director and owner of Sage Hill Design Does talking to your parents about money make you feel like a child? As our parents age, we may find ourselves in the position of parent in many aspects. Kelly and Kathleen delve into this money myth in today’s episode. Listen and learn how to approach your parents for this difficult conversation. Key take aways include: 1. Starting the conversation with loving intent. 2. Acknowledging your parents’ difficult feelings about...

Aging parents communicate with you about money. | Episode 21

Kelly Pelissier, Creative Director and owner of Sage Hill Design Does talking to your parents about money make you feel like a child? As our parents age, we may find ourselves in the position of parent in many aspects. Kelly and Kathleen delve into this money myth in today’s episode. Listen and learn how to approach your parents for this difficult conversation. Key Take Aways: Starting the conversation with loving intent. Acknowledging your parents’ difficult feelings about the topic. ...

Will aging parents communicate with you about money? | Episode 21

Myth: With enough money, life will be perfect.

Nancy Nelson, CFP®, Owner Beyond Enough Do you ever think that once you have enough money, you will have more time, energy, and no more problems? It’s not that simple! The myth, with enough money - life will be perfect, can be a great motivator but may lead to a letdown if you don’t have a clear idea about how retirement will look for you. Listen to Kathleen and Nancy talk about how resources are limited and we still have to make choices. Retirement takes work! Nancy C. Nelson, CFP®, is th...

With enough money, life will be perfect. | Episode 20

Nancy Nelson, CFP®, Owner Beyond Enough Do you ever think that once you have enough money, you will have more time, energy, and no more problems? It’s not that simple! The myth, with enough money - life will be perfect, can be a great motivator but may lead to a letdown if you don’t have a clear idea about how retirement will look for you. Listen to Kathleen and Nancy talk about how resources are limited and we still have to make choices. Retirement takes work! Nancy C. Nelson, CFP®, is the...

With enough money, will life be perfect? | Episode 20

Family finances should be managed and controlled by one person. | Episode 19

Elaine King Family Business Advisor™ and a Certified Financial Planner®  Should family finances handled or controlled by only one person in the family? Elaine and Kathleen delve into this myth and examine how getting the entire family involved in financial discussions and decisions can actually strengthen the family. It also will prepare and educate kids to be able to make responsible financial decisions as they leave home and start their own careers. Their advice is to not give up, it may n...

Myth: Family finances should be managed and controlled by one person.

Elaine King Family Business Advisor™ and a Certified Financial Planner®  Should family finances handled or controlled by only one person in the family? Elaine and Kathleen delve into this myth and examine how getting the entire family involved in financial discussions and decisions can actually strengthen the family. It also will prepare and educate kids to be able to make responsible financial decisions as they leave home and start their own careers. Their advice is to not give up, it may ...

Should family finances be managed and controlled by one person? | Episode 19

You have to work so hard for money. | Episode 18

Brittney Castro, CFP®, CRPC®, AAMS® and Founder of Financially Wise Women Is it really necessary to work 80-hour weeks? Give up time with family and friends to make money? In this podcast, listen to Brittney Castro, financial planner, and Kathleen delve into this myth. Learn the origins of this myth and the steps you can take to overcome it and leave peacefully with money. Also take advantage of a special offer to Breaking Money Silence™ listeners. Sign up for Brittney’s Money Class, a 6-wee...

Myth: You have to work so hard for money.

Brittney Castro, CFP®, CRPC®, AAMS® and Founder of Financially Wise Women   Is it really necessary to work 80-hour weeks? Give up time with family and friends to make money? In this podcast, listen to Brittney Castro, financial planner, and Kathleen delve into this myth. Learn the origins of this myth and the steps you can take to overcome it and leave peacefully with money.   Also take advantage of a special offer to Breaking Money Silence™ listeners. Sign up for Brittney’s Money Class...

Do you have to work hard for money? | Episode 18

Education is Priceless. | Episode 17

Ann Hutchins, Certified Financial Coach, Author How much are you willing to pay for college? Is it true that attending an Ivy League school is always worth the price of admission? In this podcast, listen to Ann Hutchins, certified financial coach and co-author of Finance Is Personal: Making Your Money Work for You in College and Beyond, shatter the myth that education is priceless. You will walk away knowing the value talking to your college-bound kids about money and how to start the convers...

Is education priceless? | Episode 17

Myth: Education is Priceless

Ann Hutchins, Certified Financial Coach, Author   How much are you willing to pay for college? Is it true that attending an Ivy League school is always worth the price of admission? In this podcast, listen to Ann Hutchins, certified financial coach and co-author of Finance Is Personal: Making Your Money Work for You in College and Beyond, shatter the myth that education is priceless. You will walk away knowing the value talking to your college-bound kids about money and how to start the co...

Do you have to know the difference between a want and a need? | Episode 16

You have to know the difference between a want and a need. | Episode 16

Dr. Sarah Newcomb, Behavioral Economist, Morningstar's HelloWallet and Author Dr. Sarah Newcomb shares with listeners why the most common budgeting advice given, determining wants vs. needs, leads us to feel deprived. Instead she encourages individuals and couples to focus on developing strategies for fulfilling their basic human needs. As a result, you will be more mindful in your spending and better able to live within your means. Sarah Newcomb, Ph.D., is a behavioral economist at Morningst...

Myth: You have to know the difference between a want and a need.

Dr. Sarah Newcomb shares with listeners why the most common budgeting advice given, determining wants vs. needs, leads us to feel deprived. Instead she encourages individuals and couples to focus on developing strategies for fulfilling their basic human needs. As a result, you will be more mindful in your spending and better able to live within your means.   Sarah Newcomb, Ph.D., is a behavioral economist at Morningstar’s HelloWallet and author of the book, LOADED: Money, psychology, and ho...

Is financial success is the same as financial health? | Episode 15