If Money Were Easy
If Money Were Easy is a fun and honest podcast that explores how to expand what’s possible with your money. Expect to hear about money and values, growing your wealth, creating an impact, leadership, financial wins and (some losses), and more. Guided by your hosts, Mary Beth Storjohann and Neela Hummel, CERTIFIED FINANCIAL PLANNERS™ and Co-CEOs of Abacus Wealth Partners, you’ll learn from leading authors, business owners, coaches, and financial professionals. Our goal is that you walk away from each episode with at least one takeaway that you can implement on your financial journey.
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Preparing for the Death of a Loved One with Jana Davis
09/25/2024
Preparing for the Death of a Loved One with Jana Davis
While not always an easy conversation to have, talking and preparing for the death of a loved one is incredibly important. On this week’s episode, we’re joined by Jana Davis, a financial advisor at Abacus Wealth Partners, who specializes in working with octogenarians and people in their later chapters of life. Jana’s approach to financial planning is rooted in empathy and radical candor, making sure that elderly clients are treated with the respect and dignity they deserve. Today, we'll be diving into the importance of having open and honest conversations with our aging family members, making comprehensive plans well ahead of time, and the necessity of having a strong support team in place. Tune in as we explore the critical steps in end-of-life planning and share advice on how to handle these conversations with care and empathy. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The best way to handle the conversation around finances and health care planning for elderly family members What to consider when talking about fears and concerns for those elderly family members The best time to start planning for the death of a loved one and some signs to look for A few key pieces of information to generate (if they haven’t been already) to make for efficient and effective planning What to ask for when understanding the person’s financial portfolio Some of the trusted advisors to have on the team as you and your elderly family member navigate these waters Why estate planning and expense management is crucial as end-of-life approaches The importance of involving your children for the parents’ financial affairs How to guard again scams and elder abuse Why a balance between empathy and logic in financial planning must be used Stay Connected: Connect with Jana Davis on or reach out at [email protected] Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Tax Planning for Entrepreneurs with Tiffany Vaught
09/11/2024
Tax Planning for Entrepreneurs with Tiffany Vaught
Today, we're diving into a topic that can make or break a business—tax planning for entrepreneurs. In this episode, we’re excited to have Tiffany Vaught join us. Tiffany is not just any CPA; she’s a Certified Exit Planning Advisor (CEPA®) for small business owners, the CEO of Incurio, LLP, and the co-founder of Something Artists. With her entrepreneurial spirit and extensive experience, Tiffany brings a wealth of knowledge about proactive financial planning and tax strategies that can help you navigate your business journey with confidence. We'll discuss tax planning essentials—whether you're a sole proprietor or contemplating making an S Corp election, the significance of maintaining accurate records, and Tiffany’s insights on the IRS’s increasing use of AI for audits. We’ll also touch on how unique income streams and expenses, like those from influencers, or complex real estate investments, play into your tax planning. So, whether you're a seasoned entrepreneur, a solo consultant, or just starting out, join us! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: How a CPA can help provide financial solutions in your business When to do your own accounting and when to hire a professional The importance of understanding basic accounting to facilitate planning and tax filings Why accurate and timely bookkeeping is crucial for business strategy and financial planning How frequently you should be checking your business books and why A key to long-term business stability The best way to improve cash flow management and mitigate unforeseen financial challenges How to shift your operations from hand-to-mouth to forward-looking financial health What you need to be strategic with cash flow management and acquiring lines of credit Understanding how entrepreneurs can avoid crises and optimize growth strategies Resources Mentioned on the Show: by Lynne Twist Stay Connected: Connect with Tiffany Vaught on , , and . Visit to learn more. Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Is Homeownership Still Part of the American Dream
08/28/2024
Is Homeownership Still Part of the American Dream
In today's episode, we tackle a significant question: Is Homeownership Still Part of the American Dream? It’s a complex topic, influenced by changing economic landscapes, psychological factors, and the ever-evolving housing market. We'll explore the benefits and challenges of homeownership, discuss current market conditions, and offer practical advice for those considering whether to own real estate as part of their financial journey. Tune in as we help you understand whether homeownership should still be a dream you aspire to—or if there are other paths to financial success worth considering. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The evolution of homeownership as part of the American Dream Why older generations have benefited more from the housing market The impact high-interest rates are having on the housing market How supply and demand are sharping the housing market Discussing the question of whether you should buy or rent The current economic impact that is occurring across multiple industries because of the shift in the housing market How to balance a home down payment with your other financial goals Who you should consider having on your team if you are interested in buying a home and the impact a good team can have A few things to think about when looking at a house as a long-term investment Why it’s important to look to the future when thinking about becoming a potential homeowner Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Why You Need a Village to Get Through Parenthood
08/14/2024
Why You Need a Village to Get Through Parenthood
Raising kids takes a village. As the old saying goes, it really does take a community to support parents, especially in this day and age of over-scheduled lives and demanding careers. Having a tribe you can lean on makes all the difference. In this episode, Mary Beth and Neela get real about their own experiences relying on their village. They touch on topics such as the importance of building a community, learning how to ask for help, even when it’s uncomfortable, navigating the pressure to “do it all” as working moms, and how investing in your village pays dividends for your family and your career. So let’s get ready for an honest conversation about needing your people to get through this wonderful, exhausting journey called parenting. Let's dive in! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Why building a supportive community is crucial for navigating parenthood Where to look for valuable support and resources The importance of asking for help and being vulnerable Individuals you can lean on for much-needed breaks How to attack parenthood through delegation The best way to navigate summer activities and camps for children Outside-the-box ways to invest in relationships and support each other The one word that can help avoid overcommitting and allow you to maintain a healthy life balance The encouragement you can provide your children to assist with additional support Why it’s important to cultivate a diverse and supportive community, for you, for your family, for your career and for your financial future Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Financial Planning for Inheritors with Daria Victorov
07/31/2024
Financial Planning for Inheritors with Daria Victorov
Today, we’re joined by a special guest, Daria Victorov, who is a financial advisor at Abacus Wealth Partners, and specializes in working with young professionals in tech and those who have come into wealth at a young age. Join us as we dive into the topic of financial planning for young inheritors. We'll explore the unique challenges and opportunities faced by those who come into wealth early in life, and Daria will share her insights on how to navigate this complex journey. Whether you're a young inheritor yourself or simply curious about the financial dynamics of inherited wealth, this episode is packed with valuable information and practical advice. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: How Daria got into the niche of working with young inheritors The age demographic of a “young inheritor” and a few things they struggle with When inheritors typically come to seek guidance from a financial advisor The approach many inheritors take after inheriting wealth Why managing money is important for everyone, regardless of your income level The emotional and social struggles young inheritors face Why some young inheritors struggle with lifestyle adjustments Some of the initial responses financial advisors see with the inherited money How family dynamics play when it comes to inheritance and trusts and how an independent party can help navigate those family dynamics How long it can take some to create a build financial confidence Stay Connected: Connect with Daria via email at or on Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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The AI Tools You Should Know About As a Consumer with Gabe Brenner
07/17/2024
The AI Tools You Should Know About As a Consumer with Gabe Brenner
In today's discussion, we're diving into the world of artificial intelligence and its implications for consumers. We’re joined by Gabe Brenner, a financial advisor at Abacus Wealth Partners, who shares his perspective on the integration of AI tools in financial planning and everyday life. Gabe will walk us through the potential and practical uses that AI holds, from boosting productivity to navigating complex information effortlessly, and even aiding in our creative ventures. We'll also discuss the dual nature of AI, covering both its benefits and potential risks, including AI-driven scams and the necessary precautions to protect ourselves against them. Gabe will share some of his recommended AI tools and his experiences with them. By the end of this episode, you'll have a clearer understanding of how to leverage AI effectively, its importance in our rapidly evolving technological landscape, and ways to safeguard yourself against its potential pitfalls! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Understanding the basics of AI tools and how they show up in the consumer market How to use AI for creative tasks effectively Leveraging some of the AI tools out there (and which one is best for different tasks) The impact AI is having on several careers and industries Gabe’s top 4 AI tools Why it’s important to verify the data obtained from AI Some of the potential risks and scams and how to implement security measures Some of the upcoming advancements in AI A few of the companies that are working to keep AI ethical and use it for good A discussion on how AI is being integrated into educational processes Why consumers should integrate AI into their daily tasks for better outcomes Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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How to Be a Conscious Consumer and Investor with Kate Barron-Alicante
07/03/2024
How to Be a Conscious Consumer and Investor with Kate Barron-Alicante
Today, we bring on , Director of Impact and Financial Advisor at Abacus Wealth Partners. Kate is here to guide us on a journey to becoming conscious consumers and investors. She'll share her insights on aligning our spending and investment decisions with our deeply held values, making mindful choices that do more than just serve our immediate needs—they help to sustain the communities and the planet we care about. In this episode, Kate will walk us through her own experience and offer practical, personalized steps to initiate meaningful change. We'll explore the concept of B Corps, explore the importance of impact reports, and discuss the broader implications of our financial decisions, from everyday purchases to the banks we choose. By the end of our conversation, you'll have a better understanding of how to evaluate companies on their treatment of workers, environmental practices, and social impact—so you can make choices that reflect what matters most to you. So let’s jump in and get started! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: What is meant by conscious consumerism Why we should pause, slow down, and be mindful of our spending decisions What Impact Spending is and how to maximize your conscious consumerism impact Where to start to build conscious consumer habits How to tailor your conscious consumer decisions based on your personal life Some criteria to use when searching for ethical companies B Corp explained and the impact these companies have How to read and analyze a company’s impact report Why you should focus on being 1% better on your conscious consumerism Other industries to include in your conscious consumer choices to leverage a collective impact in the world Resources Mentioned on the Show: Additional Resources: Stay Connected: Connect with Kate Barron-Alicante on Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Winning the Credit Card Game: Making Sense of Perks
06/19/2024
Winning the Credit Card Game: Making Sense of Perks
Today we’re exploring a topic that excites many and mystifies others:Credit Cards. Learn how to make your credit cards work for you! From understanding the perks to making sense of rewards, we’ll guide you through the ins and outs of maximizing your credit card benefits. Whether you're a seasoned cardholder or just starting out, this episode is packed with insights to help you leverage your credit cards effectively. Mary Beth and Neela give insight into how they use their credit cards to maximize the offered benefits. Let's jump right in and decode the credit cards and ways to be a strategic credit card holder. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: How to figure out the best credit card for you based on your lifestyle Understanding the different types of rewards and where they can fit into your plan The best way to balance annual fees and rewards How many credit cards should you have? If you are paired up, how to approach the credit card game with your significant other Some good practices to follow to avoid hits on your credit score A great way to maximize the benefits from the cards you currently have What positively and negatively impacts your credit score (and how it all works) A few tools and resources to use when exploring the credit card game The best way to utilize credit cards responsibly Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Financial Planning for Families with Young Kids with Emily Benedetto
06/05/2024
Financial Planning for Families with Young Kids with Emily Benedetto
Today, Mary Beth is joined by Abacus advisor, Emily Benedetto to discuss financial planning for families with young kids. Emily brings a wealth of knowledge and practical advice for young parents grappling with the new financial responsibilities that come with expanding their family. Mary Beth and Emily discuss everything from managing emergency funds, life insurance, the importance of discussing money openly, to how to save for your children's future. Whether you're expecting your first child or navigating financial planning with little ones running around, this episode is packed with valuable insights. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The reason having an emergency fund is a necessity, especially with young kids Some savings adjustments you can make to continue to focus on your financial goals and meet the needs of your littles Two things you should take care of within the first year child’s life How to manage the cost of childcare and other options to consider When right time is to be thinking about your kids’ college savings The importance of revisiting your financial plan once your child has been born Ways to make ends meet without breaking the bank Adjustments you can make to your financial decisions, so it doesn’t feel like you’ve pushed your financial goals aside for your kid The importance of having open discussions with your partner about money Resources Mentioned on the Show: Stay Connected: Reach out to Email at or on Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Investing 101: Wall Street without the Jargon
05/22/2024
Investing 101: Wall Street without the Jargon
In today's episode, Mary Beth and Neela demystify the world of investing. They explore the crucial differences between saving and investing, underscore the importance of starting early to take full advantage of compound interest, and explain why diversification is your best defense against market volatility. Whether you're a seasoned investor or just starting out, this episode will equip you with the knowledge to make wise investment decisions and set you on the path to financial security. Get ready to transform the way you think about money, as we break down complex financial concepts into easy-to-understand language. Let's dive into the basics of investing and learn how to let your money work for you! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The best way to leverage the power of compound interest and maximize wealth accumulation Inflation explained and how to outpace it Why diversification is so crucial to your financial success How to approach your emotions around investing The reason to focus on long term planning for your investments Sorting out the differences between saving and investing How to evaluate and understand your risk tolerance The best way to get started on your investment journey Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Truth and Lies About Retirement Planning
05/08/2024
Truth and Lies About Retirement Planning
In today's episode, and dive into common misconceptions and hidden truths about retirement planning. They unpack quotes and beliefs about retirement, investing, and saving, providing clarity on important financial concepts that directly impact your retirement future. Tune in to see if you know which of these sayings are true and which ones are lies! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Why you should examine your retirement plan before approaching retirement age Why it’s important to start early when saving and investing How to approach Social Security when it comes to retirement planning The truth about long-term healthcare costs and what to consider Why even saving a small amount consistently can help in the long run How to approach retirement if you are a small business owner The difference between saving and investing Tools to leverage for retirement planning Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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How Do You Know When You're on Track to Being Financially Free?
05/01/2024
How Do You Know When You're on Track to Being Financially Free?
In today’s episode, and explore the concept of financial freedom and how to know if you're on track to achieve it. They discuss the different interpretations of financial freedom, retirement planning, the FIRE movement (Financial Independence, Retire Early), the impact of savings and investment on achieving financial freedom, and the importance of having a diversified financial portfolio. They also touch upon the psychological aspects related to money, the significance of tracking net worth and budgeting, and the use of online retirement planning calculators to gauge progress toward financial freedom. They emphasize the personalized nature of financial planning and the need for a holistic approach when considering factors such as expenses, income streams, assets, and tax allocation. Tune in as Mary Beth and Neela share their insights on achieving financial freedom and providing valuable advice to help you on your path to financial independence. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Why being financially free means different things to different people How to define what financial freedom means for you Other definitions of being financially free besides retiring Why many people continue to work once they’ve reached financial freedom What the FIRE movement is and the sacrifices that come with it The 4% retirement rule and how to apply it to your life The importance of having a combination of assets when approaching retirement The tax implications if you are solely relying on your 401k during retirement The importance of tracking your net worth throughout your life The importance of a budget and understanding your household expenses as you approach retirement Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Financial Planning and Infertility
04/24/2024
Financial Planning and Infertility
On this episode of If Money Were Easy, Mary Beth Storjohann and Neela Hummel unpack the emotional fabric of financial planning through the lens of a journey both personal and common - infertility. Together, they explore the emotional and financial complexities of fertility treatments, the importance of setting a budget, the different financing options available, and how to navigate the intersection of monetary investment and deeply personal choices within the journey of starting a family. Join the conversation and navigate these intricate waters with empathy and financial acumen on today’s episode. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The importance of knowing what your insurance covers when it comes to fertility treatments Questions to ask when speaking with your insurance company about fertility treatments Why you need a budget when it comes to such an emotionally tolling topic The reason you shouldn’t accept the first offer when it comes to the price for the medications needed for fertility treatment How to go in with a plan so it doesn’t completely ruin your financial health Other financial options you can explore instead of just taking the first one presented to you by the fertility clinic Why you should consider the long-term financial implications when making your family plan The importance of discussion the extremes should the worst-case scenario happen Caring for your mental health and how to prepare How intertwined financial planning and infertility planning are and how to set yourself up to stay on track Resources Mentioned on the Show: Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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Are Financial Stereotypes Playing Out in Your Relationship?
04/17/2024
Are Financial Stereotypes Playing Out in Your Relationship?
Today we dive into the nuances of personal finance, challenge financial stereotypes, and explore how they might be influencing your relationship. In this episode, Mary Beth Storjohann and Neela Hummel discuss the common stereotypes around money management within relationships and share their personal experiences about how these assumptions have played out in their lives. They tackle a variety of themes from the ingrained idea that 'money is a man's work,' to who should handle the investing, to the societal pressures and expectations when women are the breadwinners. Tune in for this candid, sometimes humorous, but insightful conversation and let’s reflect on the financial dynamics that can play out in relationships. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Some of the financial stereotypes that exist as cultural norms or practices How some of these stereotypes show up in heterosexual relationships The challenges with one partner handling all of the finances Societal expectations for men and women when it comes to paying the bill How better financial outcomes can come when both partners are engaged financially The stereotype behind who handles investments and how studies have countered the societal expectation The struggle women face, especially as breadwinners in heterosexual relationships and the additional pressure society puts on them The importance of good communication and an equitable division of financial roles within a household Why many stereotypes around money should be challenged Resources Mentioned on the Show: Stay Connected: Connect with Mary Beth on , , and on Connect with Neela on , , and on Join the Abacus community by connecting with us on , , and on
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What I Wish I Knew About Money at 22
04/10/2024
What I Wish I Knew About Money at 22
Today, Neela and Mary Beth delve into their personal journeys and the financial wisdom they've amassed since their early twenties. From Neela's credit card reckoning post-studying abroad to Mary Beth's strategic dance with student loans, they'll discuss the crucial early steps they wish they'd taken, like the timely kick-off of a Roth IRA and strategies for building personal wealth. Along the way, they'll tackle the gender gaps in entrepreneurship, unravel the mysteries of paychecks and taxes, and underscore the transformative power of smart saving strategies. With a lens on the past and an eye toward the future, they lay the groundwork for financial fluency and success. Tune in and equip yourself with the know-how to navigate your financial world with confidence. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Some tips for all of us to help keep us financially on track and avoid the sidetracks How to address splitting the bill when going out with friends How to avoid the feeling of obligation if you are a higher earner How to start building your credit early (and how to continue to protect it) A few good financial habits that future you will be thankful for How to budget for events that come up that you want to attend If you have the support, how to lean on your family to make sure you stay on track financially One way to approach a career change, to include exploring entrepreneurship A few tips to take calculated risks in your career and in your finances How to establish a good financial foundation Additional Resources: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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The Power of Female Community with Kahne Krause
04/03/2024
The Power of Female Community with Kahne Krause
In today’s episode, Kahne Krause joins Mary Beth and Neela to talk about the power of female communities. They discuss the strength of solidarity in women’s lives, and understanding the power of investment strategy, particularly for women. They talk about the gender confidence gap and the unique challenges and opportunities women face in their financial lives. They also explore the transformative power of community in wealth and investing, and the importance of dialogue and reflection in building healthy relationships with money. Learn about the power of empathy and connection in building a fulfilling financial life. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The impact Kahne has made leading client communities through Dimensional A reflection on women communities and how we can help each other The impact Women and Money is having on women advisors and clients Gender disparities and unconscious bias in finance Why wealth management in not just about the numbers Why advisors should look for those deeper conversations with clients The importance of empathy when talking about money A discussion about money, shame and basic human needs How the confidence code can be applied to wealth management as well The reason to look at the long-term plan when it comes to investing Resources Mentioned on the Show: Stay Connected: Connect with Kahne on Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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The Power of the Female Consumer
03/27/2024
The Power of the Female Consumer
Join us today as hosts Mary Beth and Neela dive into the powerful role of the female consumer in today's economy. They discuss the significant impact women have on spending and how they are increasingly aligning their financial choices with their values. From supporting female-led content like the Barbie movie and Taylor Swift's tour to making solo travel and home purchases, women are taking charge of their spending decisions. The hosts also explore the concept of the "pink tax" and the importance of using our voices as consumers to demand better quality products. Join Mary Beth and Neela as they empower listeners to make informed financial choices and discuss the implications of the growing purchasing power of the female consumer. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The influence women have with their purchasing power The increase women will continue to have over their discretionary spending and how it is impacting their mental health Why women are supporting women-created products The benefit women are seeing with aligning their money with their values Ways women can encourage companies to align their products with the values women are looking for A discussion of “the pink tax” Why women must use their voices to make change in this world Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Charitable Giving for a Modern World
03/20/2024
Charitable Giving for a Modern World
Generosity isn't just about the dollars—it's the intention, impact, and legacy we build. In this episode, we’re exploring what’s at the heart of charitable giving. Mary Beth and Neela discuss the transformative power of donor-advised funds, and share their personal journeys of turning philanthropy into a family affair. They also untangle how to choose causes that align with values while making sure your financial house is in order first. No matter where you're starting, there's a path for you to make a difference. Listen in to hear about some of the ways you can expand what’s possible with your charitable giving and philanthropy. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Different ways to give besides just donating money to charities Considerations to explore when determining the causes and charities you want to participate in A financial planner’s perspective when it comes to giving Mary Beth and Neela discuss how they each handle charitable giving in their families Questions to ask yourself when thinking about the impact you want to have through charitable giving Other ways to contribute besides financially The importance of putting on your own oxygen mask first How to measure the impact you have within a charitable organization How to tailor your charitable giving based on your life stage Incorporating charitable giving into your estate plan The positive impacts generosity has on mental, emotional and physical health How to vet an organization Tips for selecting a charity and other ways to allocate funds to charities Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Communication and Power Dynamics with Shruti Dhalwala
03/13/2024
Communication and Power Dynamics with Shruti Dhalwala
Today we are joined by Shruti Dhalwala, Vice President of Advisory at Acceleration Community of Companies where she co-leads public relations and strategy for the agency’s PepsiCo business. In this episode we will dive deep into the tapestry of financial communication and unravel the power dynamics that shape the narratives of business and personal branding. Shruti brings invaluable insight on the stories behind successful public relations, guiding us through the nuanced game of information in our hyper-connected world. She talks about owning your accomplishments, nurturing your teams, and prioritizing trust in every transaction. Whether you're leveraging your branding or navigating the latest market shake-up, it's about adding value and injecting humanity into every interaction. Join us today to listen to the amazing insight Shruti shares with us! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Some of the common misconceptions when it comes to public relations The human element of public relations The effect PR has on a brand and how that PR can make an impact The importance of telling stories that people can connect with The differences among genders when it comes to seeking attention and recognition The best way to move forward during the chaos and the mindset to have The impact of financial decisions when it comes to personal freedom As leaders, balancing action and inaction when it comes to sensitive topics The best way to connect with consumers and why you should focus on value Some of the challenges faced when controlling the message in a digital world What to do when a PR crisis arises Resources Mentioned on the Show: Start With Why by Simon Sinek Find Your Why by Simon Sinek Stay Connected: Connect with Shruti Dhalwala on Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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How to Teach Your Children About Money with Gabe Brenner
03/06/2024
How to Teach Your Children About Money with Gabe Brenner
On this episode of If Money Were Easy, Mary Beth and Neela are joined by their colleague and fellow partner at Abacus, to discuss teaching children about the true value of money. They explore the hands-on "three jars method," also known as Spending, Saving, and Sharing Jars, navigating allowance, and the importance of allowing kids to make financial mistakes early in life. The three of them talk about the balance between autonomy and guidance, from tactile cash handling to digital banking savvy and discuss the importance of creating a space for kids to fail safely and how it can be a key to building their financial confidence. Tune in to learn some savvy money lessons you can incorporate into your child’s financial journey to adulthood. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: A few ideas on how to raise financially savvy children How to educate children about money without spoiling them The three jars method, also known as the spend, save, share approach The importance of encouraging your children to give some of their money away and the lasting effects it can have on them How to allow your children to have small financial failures to learn from The best way to approach an allowance and if it should be tied to chores A method to teach your children about interest and the benefits of saving How Gabe handled a clothing allowance for his daughters growing up What it looks like when your children reach driving age and some things to consider Stay Connected: Connect with Gabe on or reach out at [email protected] Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Beyond the Glass Ceiling: The Gender Risk Tax and the Glass Cliff
02/28/2024
Beyond the Glass Ceiling: The Gender Risk Tax and the Glass Cliff
Today, Mary Beth and Neela delve into the intricacies of the gender risk tax and the glass cliff phenomenon. They unpack these widespread challenges, delving into their repercussions for women in the corporate world and propose practical approaches to surmounting them. From dissecting the subtleties of risk assessment to unveiling the eye-opening statistics surrounding the glass cliff, Mary Beth and Neela illuminate the truths and offer guidance on how women can effectively navigate and prosper within these contexts. Tune in for empowering insights and a call to build a supportive network to pave the way for a more equitable future. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The financial stereotypes of women and where these stereotypes come from Why it is critical to build a trusted team, seek mentorship and self-promote What the gender risk tax looks like and how it impacts women The importance of balanced communications, embracing failure and learning from your mistakes The glass cliff phenomenon explained What a Harvard Business Review study showed on why women are more likely to lead struggling companies How to recognize the glass cliff and why we must have boundaries Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Reflections on the Fourth Quarter of 2023 with Abacus Co-CIOs
02/21/2024
Reflections on the Fourth Quarter of 2023 with Abacus Co-CIOs
Today we’re joined by Abacus' co-CIOs, and , to discuss how the fourth quarter of last year turned out and how the markets and economy ultimately performed in 2023. Despite predictions of recession and high inflation, the market defied the odds, ending on a high thanks to disciplined investing. Mary Beth and Neela will talk with Lindsey and Matt about why interest rates change, what can cause them to go up or down, and how that can affect you. Lindsey and Matt will also reveal how investors can approach swings in the stock market and what to stay focused on. They will finish up with talking about what you can control, what to do about the things you can’t control, and how to keep your finances on track! For additional resources, information, and a full transcript of the episode, visit our . To access our podcast disclosure information, . What You’ll Learn in this Episode: How the markets in Q4 compared to the rest of 2023 Why the Fed raises or lowers interest rates Why discipline is important when investing and how 2023 demonstrated that What to focus on in your investments when markets are up and down Some info on values aligned investing and ESG investing How to tell if the funds you are in are values aligned or ESG funds The impact geopolitical events can have on stock market volatility Expectations for the market going into this election year Reasons to focus on your long-term investment strategy, even when the short term is volatile Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Money Plans for 2024
02/14/2024
Money Plans for 2024
Welcome to a new year and a new season of the If Money Were Easy podcast. On today’s episode Mary Beth and Neela dive deep into how to set yourself up for a financially strong year. They discuss the power of realistic goal setting, the smart habits that help you save effortlessly, and how investing in your mental health and relationships can bolster your finances. They share personal insights, reevaluate their own financial strategies, and even discuss making this year about finding balance over setting strict goals. If you're ready to transform your approach to money and prepare for all that 2024 has to offer, tune in to this episode and start paving your path to financial freedom. Remember, it's less about the numbers and more about the journey! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The approach Mary Beth and Neela have to New Year’s resolutions for 2024 The importance of letting yourself slow down Why it could be beneficial to have fewer New Year’s resolutions How to wrap your financial priorities and long-term goals into your resolutions Why it’s important to set realistic personal and financial goals What you should work to maximize and what debt you should tackle Investment options to look at for your annual financial goals How have your income goals changed over time How the psychology of money could be affecting your money habits Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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A Day in the Life of a CEO
12/14/2023
A Day in the Life of a CEO
As we wrap up 2023 with this final episode of the year, and discuss what it looks like as a day in the life of a CEO. They discuss their daily routines, challenges they face, and what about their roles as CEOs lights them up. They talk about the balances they try to find throughout their weeks and the importance of establishing and keeping boundaries. Join us today to wrap up 2023! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: The daily routines for Mary Beth and Neela How each of their mornings look before even starting the workday The benefits of setting boundaries One of the big challenges they face as a CEO How they balance competing interests and still manage to put people first The importance of free space during your work week Why it’s critical to walk the talk, inspire change and create impact Two things that are critical for personal and company success Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Is Going Sober Curious a Financial Win?
12/06/2023
Is Going Sober Curious a Financial Win?
On this episode of If Money Were Easy, we explore the journeys with alcohol, the rise of the sober curious movement, and the financial and personal impacts of alcohol consumption. From the day-to-day cash flow savings to the long-term impact on health care expenses, we examine the holistic effects of alcohol on our lives. With mindfulness and intentionality at the forefront, we explore the financial and personal considerations of alcohol consumption, offering valuable insights for listeners looking to expand what's possible with their money. For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Personal stories for Mary Beth and Neela around the topic of alcohol The societal pressures we all face when it comes to drinking How marketing campaigns target women through societal expectations Looking at the impact and cost drinking has in your life Exploring the motivation behind why people drink Examples of a few books to explore mindfulness and intentional living Looking at our daily choices and how that can impact our long-term finances When you choose to drink, is it in line with what you want your life to look like Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Are Your Financial Boundaries Strong Enough?
11/29/2023
Are Your Financial Boundaries Strong Enough?
Today we're diving into an important topic, one that's often overlooked: the strength of your financial boundaries. We'll discuss the benefits of separate health insurance and retirement plans for dual-income couples, the significance of aligning your spending with your personal values, and the influence of societal pressure on our financial decisions. We'll also delve into big costs, like housing, transportation, childcare, and health insurance. Additionally, we'll address the complex task of planning for intergenerational care and financial responsibilities while highlighting the importance of setting boundaries. For additional resources, information, and a full transcript of the episode, visit our . To access our podcast disclosure information, . What You’ll Learn in this Episode: Setting boundaries in a variety of areas of your life The financial consequences that occur for women when neglecting self-care One of the biggest challenges when setting boundaries How to navigate priorities to mirror your boundaries How a wealth divide among family members can make boundaries a challenge The importance of having a financial planner to discuss finances with your partner How to have healthy relationships and healthy boundaries with your partner The balance dual income couples need to find with careers, family support, finances and household dynamics Why you and your partner should examine and discuss spending habits Society has a lot of expectations of us; are they always what we want? The reason it is critical to choose yourself over what society tells you The results that will come when you do the self-reflection and the work Resources Mentioned on the Show: by Nedra Tawwab Stay Connected: Join the Abacus community by connecting with us on , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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How to Renovate Your Home in an Eco Conscious Way
11/15/2023
How to Renovate Your Home in an Eco Conscious Way
In today's episode, Mary Beth and Neela build out the topic of renovating your home in an eco-conscious way. Neela shares her expertise and passion for creating a sustainable living space as she’s currently experiencing a renovation. She explains why eco-conscious home renovation is important – not just for the environment, but also for the health and well-being of your family. She highlights the environmental impact of real estate and discusses how the materials and energy used in construction, heating, cooling, and lighting can contribute to energy consumption and pollution. She also shares her experiences and insights from her home renovation journey, offering valuable advice and resources to help listeners navigate the process. Tune in to learn about any changes you might want to make in the future! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Appliances that can help make your home more energy efficient Upgrades to the internal and external parts of your home How to tackle the many decisions that go into a home renovation and how to approach them in an eco-conscious way Rebates you can take advantage of when renovating your home Why you should talk to your CPA when improving the energy efficiency of your home The importance of listing your “must-haves” versus your “nice-to-haves” Compromises you’ll need to consider when renovating eco-consciously The long-term gains that can come with changes you make to your home Why “perfect” doesn’t have to be the goal when renovating Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , , and on Connect with Mary Beth on , , and on
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Year End Money Moves to Make
11/08/2023
Year End Money Moves to Make
Welcome back to another episode of the If Money Were Easy podcast. Today, Mary Beth and Neela dive into some financial items to check in on before the end of the year. They explore what to focus on when creating a 2024 budget and what to account for when eyeing future spending. They also discuss how to approach your charitable giving, understanding your “why”, and help define which causes are truly meaningful to you. As the year end approaches, be sure to listen to this episode and help keep your finances moving in the right direction! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Reasons you should evaluate your financial situation before the year ends Items you should focus on with your finances Things to consider for your 2024 budget How to approach next year’s budget and tools for tracking spending Something specific to think about when deciding which charities to give to Ways to prioritize and plan for future spending goals The importance of understanding “why” you contribute to retirement planning accounts or 529 plans, and what those numbers mean A summary of topics to touch on as the year wraps up Resources Mentioned on the Show: Additional Resources: Stay Connected: Join the Abacus community by connecting with us on , , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Planning for Your Financial Future as a Small Business Owner with Ariel Ward
11/01/2023
Planning for Your Financial Future as a Small Business Owner with Ariel Ward
In this episode, we delve into the world of financial planning as a solo business owner. Our guest, , is experienced in helping small business owners navigate the complex world of finance to make smart decisions that ensure both personal and business success. With a focus on providing permission, managing risks, and strategic planning, Ariel explores timely topics like business budgeting, retirement planning, insurance, and estate planning. She also sheds light on the challenges faced by business owners around paying themselves, investing in their business, and finding balance between business growth and personal financial goals. Join us for insight on how to navigate the financial landscape of being a solo business owner! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: Balancing paying yourself, contributing to retirement plans, and investing in the business How Ariel guides clients through tough decisions The importance of tracking business spending, analyzing returns, and making strategic decisions How to contribute to your retirement savings and get your kids involved, too Finding the balance between business and family needs Why you must monitor return on investment (ROI) as you forecast business growth Insurance policies all solo business owners should have Things to think about when creating your business structure Who you should have on your team to keep business growth on track What to consider around using a line of credit to grow your business Resources Mentioned on the Show: Stay Connected: Connect with Ariel Ward on or reach out to her at [email protected] Join the Abacus community by connecting with us on , , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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Can Money Buy You Happiness?
10/25/2023
Can Money Buy You Happiness?
Neuroscientists, psychologists, and experts have examined it, while other professionals have speculated and pursued the truth. Today, we delve into the age-old question: Can wealth genuinely make you happy? In this episode, we examine the correlation between money and happiness, explore happiness beyond financial means, and look at the factors that contribute to a truly happy life such as human connection, relationships, and experiences over material possessions. We’ll also explore the psychology and neuroscience behind the fusion of money and joy, and debunk some common misconceptions along the way. Listen today! For additional resources, information, and a full transcript of the episode, . To access our podcast disclosure information, . What You’ll Learn in this Episode: What happiness might look like when basic needs are met Why the wealthiest clients aren’t always the happiest clients How technology can help with needs but also interfere with happiness The importance of slowing down and embracing change Some common traits the happiest clients share Why discomfort is necessary for change and growth Things to think about when focusing on happiness The reason you must identify your values and align your goals with those values Resources Mentioned on the Show: Stay Connected: Join the Abacus community by connecting with us on , , , and on Connect with Mary Beth on , , and on Connect with Neela on , , and on
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