Smart Money Mamas Show
7 Reasons Why You Can’t Miss Mamas Talk Money 2020

7 Reasons Why You Can’t Miss Mamas Talk Money 2020

September 21, 2020

#069: In today’s episode, I’m sharing seven reasons why you can’t miss Mamas Talk Money 2020! Get a sneak-peek into some of the speakers, resources, and $10,000 in giveaways we have planned for YOU, mama! The best part? It’s free to attend! So grab your kids, tell your friends, and go register for the summit because registration is officially OPEN! 

(2:34) Why traditional financial literacy resources specifically fail mamas 

(6:16) Why the all speakers at Mamas Talk Money understand what extra challenges you're facing in making financial decisions 

(8:47) Learn about everything we have planned for kids this year so you can start building generational wealth in your family 

(15:56) Did someone say $10,000 in giveaways? Find out about the amazing resources and swag you could win this year! 

(19:53) Find out about all the ways you can deeper into the summit content and extend your access if time is keeping you from joining us 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/69

Registration is OPEN! Go grab your seat at Mamas Talk Money 2020

https://www.mamastalkmoney.com

How to Become the Queen of Your Finances with Jen Hemphill

How to Become the Queen of Your Finances with Jen Hemphill

September 17, 2020

#068: In today’s episode, I’m talking with military spouse, accredited financial counselor, and host of the Her Dinero Matters podcast, Jen Hemphill. Jen discovered her own financial confidence when she took a deep dive into her money story to unlock some mindset traps. We’re talking about why your money story matters, how to productively explore financial topics with your spouse, and how Jen jumped into a career after being a stay-at-home mama for many years. 

(11:11) How Jen discovered that the non-monthly expenses were causing a lot of money headaches in her home 

(25:09) Listen to Jen’s money story and why she never asked for money from her parents growing up 

(30:09) How a virtual envelope system could work for your family 

(35:35) What helped Jen pursue her own career after being a stay at home mom for so many years 

(49:40) Jen’s best tips for budgeting as a military family 

(54:20) Chelsea’s Top Takeaways 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/68 

Free Healthy Money Mantras Guide: https://smartmoneymamas.com/healthy-money-mindset-workbook/

How to Be an Expert First-Time Homebuyer

How to Be an Expert First-Time Homebuyer

September 14, 2020

#067 In today’s episode, I’m diving into all the things you need to know as a first-time homebuyer. For most people, this purchase is one of the biggest financial decisions you'll ever make and it has a huge impact on your emotional well-being. We’re talking about why you need to be in it for the long-run, why you need to know what you can afford, why you should always get help from the experts, and more! 

 

(1:28) Listen to why being in your home for at least 5-7 years makes the purchase price worth the investment 

(7:18) Find out why your mortgage pre-approval rate and your actual budget are NOT equal 

(11:51) Why I’m begging you not to drain your emergency fund to make a down payment 

(17:32) Why investing a real estate attorney will be a decision you never regret 

(22:20) Listen to why having a list of deal-breakers, must-haves, and nice-to-haves can dramatically simplify your decision making 

 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/67

 

Meaningful Money Goals Kickstart Guide-Free Download! 

https://smartmoneymamas.com/meaningful-money-goal-worksheet/

How Two Teachers Tackled $111,000 in Debt with Allison Baggerly

How Two Teachers Tackled $111,000 in Debt with Allison Baggerly

September 10, 2020

#066: In today’s episode, I’m talking with former teacher and founder of Inspired Budget, Allison Baggerly. Finding herself newly married with hefty debt, pregnant, and facing astronomical daycare costs, Allison knew something had to change. We’re talking about how easy it can be to be unaware of the future impact of debt, how Allison learned to separate emotions and spending, and why budgeting is not a one-size-fits-all move you make. 

 

(03:51) Which of Allison's fears was a driving factor in making a change 

(9:14) Allison’s key strategies for curbing emotional spending 

(14:15) How she and her husband lived differently as teachers as they tackled their debt 

(17:48) What it was like to make that very last debt payment 

(25:40) Why tracking your finances unlocks freedom from debt 

(42:43) Chelsea’s Top Takeaways  

 

Looking for more information, mama? Visit the show notes at 
https://www.smartmoneymamas.com/allison 

Family Money Values Template:
https://smartmoneymamas.com/family-money-values-template/

The 3 Financial Moves You Need to Make This Fall

The 3 Financial Moves You Need to Make This Fall

September 7, 2020

#065: In today’s episode, I’m sharing the three financial moves you need to make this fall to be super intentional about the rest of the year. 2020 has thrown a wrench in all our lives, and especially our budgets. Because of this, there are some unusual things to consider about our spending habits. We’ll cover what it looks like to do a complete budget refresh, why you want to make a plan to coordinate school and work schedules, and how you can refresh your goals to end 2020 with a bang instead of a bust! 

 

(01:15) Why fall is a critical time to refresh your budget 

(03:57) Why wiping the budget clean might be a better option than just a refresh 

(07:41) Why you should make a plan (and a back-up plan) for covering work and school schedules and not just “take things as they come” 

(13:17) A Friendly PSA: Update your beneficiaries—seriously, go do it!  

(15:37) Why a goal refresh is a perfect way to prepare for the Mamas Talk Money Summit 

 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/65

Meaningful Money Goal Kickstart Guide:
https://smartmoneymamas.com/meaningful-money-goal-worksheet/

The Systems You Need To Make Your Home a Haven with Laura Smith

The Systems You Need To Make Your Home a Haven with Laura Smith

September 3, 2020

#064: In today’s episode, I’m talking with blogger, founder of I heart Planners, and host of the Get Organized HQ Summit, Laura Smith. Laura loves simplifying life with systems, but she also understands how easy it is to fall off the wagon when it comes to keeping up with good habits. For this reason, Laura is an amazing and trusted resource when it comes to organizing. We’re talking about where to start with systems when you’re overwhelmed, how to feel more successful with your to-do list, and Laura’s best tips for cleaning and meal-planning systems. If you love what she has to share, make sure to register for the FREE Get Organized HQ Summit she is hosting that starts September 15! 

(03:38) Find out how you can implement organizational systems with little ones around (who can mess them up faster than you can set them up!) 

(07:10) Laura shares the first place you should start if you’re motivated to get started but still overwhelmed 

(9:40) Check out the 3 “buckets” Laura uses to feel more successful with her to-do list on a daily basis 

(21:23) Surprise! Did you know that 21 days actually does NOT make a habit stick? Find out why! 

(36:54) Learn which sessions at the Get Organized HQ Summit you should be most excited about 

(42:4)] Chelsea’s Top Takeaways 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/laura

Family Money Values Template

https://smartmoneymamas.com/family-money-values-template/

August Mailbag: Taking Maternity Leave, Donor-Advised Funds, & Retirement Funds For Side Hustles

August Mailbag: Taking Maternity Leave, Donor-Advised Funds, & Retirement Funds For Side Hustles

August 31, 2020

#063: For this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. 

Today we’re going to discuss taking a maternity leave from contract work, how you can do the most with donor-advised funds, and why you should open up your own retirement fund for your side hustle. 

(01:15) How can you plan ‘maternity leave’ from your side hustle and/or independent contractor gigs? Either part-time or full-time gig work. 

(03:59)  How do you really find your passion when you have no hobbies. Tangible ways besides asking someone what you’re good at. 

(07:28) Do you have any tips on working on your passion project or side hustle around your kids needs and schedules while working a full-time job? 

(12:55) Can you talk a little bit about donor-advised fund accounts? Are these only beneficial from a tax standpoint for really high earners? Can you designate the types of charities it gives to or is it at the choice of the fund? 

(21:03) Is it worth opening your own Roth or other fund if you just do side hustles or work very part-time? My passion right now is being mostly home with my toddler son but I love to get out there and work a bit to contribute more. I work several side jobs like Census right now, 1 day a week at a kid’s consignment and I’m a caregiver for my autistic nephew. We have a 403B and a Roth in my husband’s name. 

 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/63  

Discover Your Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook/

How to Own Your Fear & Do It Scared with Ruth Soukup

How to Own Your Fear & Do It Scared with Ruth Soukup

August 27, 2020

#062 In today’s episode, I’m talking with course creator, podcast host, and author of “Do It Scared”, Ruth Soukup. Ruth's passion project and blog started as a way to redirect her passion for spending too much money at Target every week. Ruth’s story is powerful because of her willingness to own her fear during hard emotional seasons such as bankruptcy and divorce. We’re going to discuss how action is the antidote to fear, why you don’t have to be an expert to get started, and why the road to success can be insanely bumpy. 

(01:41) Hear why it was a tad ironic that Ruth started a blog titled “Living Well, Spending Less” 

(08:20) How Ruth wrestled with the guilt of pursuing a passion project that wasn’t making any money yet 

(14:48) Find out why it was possible for someone from an affluent home to file for bankruptcy at such a young age 

(23:09) Discover the steps that lead to the launch of Elite Blog Academy 

(31:48) Learn about the 7 fear archetypes that make up your unique fear fingerprint 

(49:43) Chelsea’s Top Takeaways

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/ruth 

Discover Your Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook/

How to Know When to Invest in Your Business

How to Know When to Invest in Your Business

August 24, 2020

#061 In today’s episode, I’ve got some practical advice on how to know when to invest in your business. The fear of failing can keep you from ever getting started, but you’ll burn out fast without a plan to invest somehow! We’ll cover how to decide on your start-up budget, when to buy online tools and courses, and when to outsource and bring on help. 

(04:27) Why you must question your scarcity mindset when it’s time to invest in your business 

(06:49) Some creative ways to mitigate the cost of your initial investment 

(11:24) Discover why boot-strapping a business can make you successful 

(18:41) Learn why the search for the “perfect” tool can impede your progress 

(26:41) Find out why your business doesn’t need another “you” 

 

Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/61 

Design Your Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook/

How to Align Motherhood and Your Big Ambitions with Rebecca Olson

How to Align Motherhood and Your Big Ambitions with Rebecca Olson

August 20, 2020

#60 In today’s episode, I’m talking with Rebecca Olson, life coach, and founder of the Aligning Motherhood coaching program. Rebecca helps moms redefine balance by helping you consider what brings you the most energy so you can pursue that more often and confidently say no to what drains you. We’re going to discuss being more willing to sit with uncomfortable feelings, why knowing your why is crucial, and what questions you can ask yourself to make more aligned decisions in your career and in motherhood.

(06:44) Listen to Rebecca share her decision-making process before she made the leap to start a coaching business 

(09:27) Discover what impact Rebecca’s career transition had on her whole family.  

(25:28) Hear about how Rebecca helps moms get clarity by defining your values, purpose, and identity. 

(40:25) Find out the reason why our brains get lazy more often than we prefer 

(45: 24) Learn what makes you 90% more likely to reach the goals you set for yourself. 

(51:40) Chelsea’s Top Takeaways 

Looking for more information, mama? Visit the show notes at 

https://www.smartmoneymamas.com/rebecca

Discover Your Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook/

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