[Summer Playlist] Budgeting Tools: How to Choose, Organize and Simplify Your Finances | HDM 338

Although no one likes to think about financial bumps, the harsh reality is that, as long as you have money in this game, financial loss will always be part of the spectrum of possible outcomes, and while I’m all about positive thinking, I also want to stress the importance of being prepared for even the worst case scenario. This is why, in this week’s episode  I’ll share with you five reasons why you should have a backup plan to protect you when the possibility of total financial loss starts to loom over the horizon. We all have our own version of the worst nightmare ever. For some, that no-go scenario is filled with creepy crawlers (shudder), crazy heights, or bad news. For others horrible traffic jams, crowded places, and unfortunate circumstances are all that it takes to qualify something as a seriously bad dream. However, if we leave the specifics aside, we can all agree that most of us consider total financial loss as one of the most accurate definitions of nightmarish scenarios.In today’s day and age, it’s hard to imagine a more anxiety-generating situation than the loss of all our material wealth. In fact, for some people, the possibility of experiencing total financial loss is such an unthinkable scenario that the act of simply considering the possibility is enough to trigger a mini-panic attack. While I always strive to remain positive and uplifting, I have to recognize that sometimes being prepared for our worst-case scenarios does pay off. When it comes to total financial loss having a plan in place (aka, your emergency protocol) will always be a savvy choice. This is why in this week’s episode, I’ll share with you five reasons why you should have a backup plan to protect you when the possibility of total financial loss starts to loom over the horizon.In this episode you will learn: Five key reasons why you should always be prepared, both for the good and the bad.My insights on how I answered the “What would I do if…?” question.How others have responded to this question and their big takeaways.For a quick recap of this episode go to https://www.jenhemphill.com/405The post, Total Financial Loss: Can You Prepare For It? | HDM 405 appeared first on the Her Dinero Matters Podcast.

Splurging or saving? That is the question. And if you have a financial goal that requires you to save big and consistently, you probably know firsthand how stressful and frustrating spending decisions can feel. You see an item that catches your eye big time and, while former you would have proceeded to buy it without any additional thoughts, the new you is running a full forecasting projection the minute you gaze upon the price tag. If this scenario sounds familiar, you’re in good company! In this week’s episode, I’ll share with you a set of guiding questions that will help you navigate the delicate art of figuring out when it’s better to save and when it’s safe to splurge.No adult life is fully complete without a full set of (deceptively) crucial decisions. Whole wheat or white bread? Cats or dogs? A relaxing staycation or an adventurous one-week vacation? Green juice or salad? All of these will give you a few guaranteed harsh minutes.However, when it comes to deceptively simple decisions, saying yay or nay to a specific purchase stands in its own category… especially when you’re committed to reducing your spending to the minimum (hello, Great Financial Goals!). What’s more, this mini-mental ordeal becomes even more challenging when you perceive said expense as something with the potential to transform your life (think high-end organic foods, hot and in-demand kitchen appliances, or home & garden items that just feel right).If you are on a tight spending budget, but also feel compelled to just go and get that item now, the framework I will share in today’s episode might be just what you need. From navigating the complicated emotions that arise when spending decisions show their bizarre face, to actually understanding the thinking that takes place the minute you see that lush patio furniture, this episode has it all!In this episode you will learn: The I-Needed-This-Yesterday mentality sometimes plays tricks on you, and here’s why.Why the road to Big Financial Goals is not always paved with sacrifices.The five questions you need to ask yourself before making that spending decision.For a quick recap of this episode go to https://www.jenhemphill.com/404The post, Splurging or Saving? Five Guiding Questions to Help You Make Better Spending Decisions| HDM 404 appeared first on the Her Dinero Matters Podcast.

Have you ever been through a phase in your life when all you want is a serious reset? If you suspect this need to overhaul everything won’t just go away with a few days off or even a short trip to the beach, you’ve landed in the right space. In this week’s episode, I’m sharing a few exciting updates on the direction this podcast will be taking in this new season. And, spoiler alert, it all boils down to one single thing: balance.How does life look like when we are so busy that we can’t even see properly what’s standing right in front of us? I’m sure that, like most women I know, at some point, you too have been overwhelmed and swamped by life’s circumstances. Whether it’s because you have a demanding job, are in charge of small children with multiple activities and conflicting schedules, or just happen to be the unlucky victim of a complicated commute, sometimes functioning without a good dose of overwhelm is just not an option. When that happens, all we need (all we crave, in fact) is a big, massive break. Which is exactly what this podcast did over the summer since, just like you, I’ve also been through one of the busiest seasons ever.Now that we are back, it is time to share some exciting (and much-needed) updates on what’s going on over the other side of the mic. In this episode you will learn: A quick update on the format (hint: we are going back to our roots).Two exciting business updates (did anyone say better resources?)A quick recap of what’s happening on the personal side.For a quick recap of this episode go to https://www.jenhemphill.com/403The post, The Start of a Fresh New Season | HDM 403 appeared first on the Her Dinero Matters Podcast.

Budgeting doesn’t need to be complicated! There are plenty of great budgeting tools out there that make it easier to manage your finances, but how do you choose the best one for you with so many to choose from? Once you do choose, how do you not overwhelm yourself? And what is the trick for staying consistent? We discuss this and more in this solo episode. Creating a monthly budget can help you gain an understanding of your financial situation and set clear goals. With so many options available when it comes to budgeting tools, it can be overwhelming to decide which ones to go with. In this episode, I share several budgeting tools as well as help you figure out how to choose the best one for you without a headache.In this episode you will learn: Three key details to help you choose the budgeting tool for you Why you should define financial responsibility for you.One key tip on how to manage your finances without stressFor a quick recap of this episode go to https://www.jenhemphill.com/338The post, Budgeting Tools: How to Choose, Organize and Simplify Your Finances  | HDM 338 appeared first on the Her Dinero Matters Podcast

Are you needing new ideas or inspiration when it comes to saving that money? Our Reina Crew this month discusses just that! Don’t miss out and tune into this episode.A little bit about our panelists for this episode:🙋🏻‍♀️ Cindy Zuniga is the founder of Zero-Based Budget Coaching LLC.  After graduating from law school in 2015 with over $210,000 of debt, Cindy took control of her money by immersing herself in the world of personal finance.In 2018, she launched @zerobasedbudget to document her debt payoff journey and simplify personal finance concepts.  After recognizing, through her platform, people’s unique needs and goals, Cindy founded Zero-Based Budget Coaching LLC and offers personal finance coaching services and speaks to audiences small and large about budgeting, saving, investing, and more.Cindy practices law full time as a commercial litigator.🙋🏻‍♀️ Katia Perez-Chesnok is an entrepreneur, financial literacy blogger & advocate and millennial mom. She worked investment and commercial banking for more than 10 years, in institutions such as Bank of America, Royal Bank of Canada among others.Katia runs the personal finance blog Economikat dedicated to all women and especially Latinas, to empower, inform and inspire them on their financial journeys while sharing tips on savings, budgeting, investing and others.She also co-founded CP Clicks, a digital marketing and e-commerce agency.In this episode you will learn: Challenges they have had when it comes to savingHow they overcame those challenges and started saving moreSome creative ways they have saved and others they are wanting to tryFor a quick recap of this episode go to https://www.jenhemphill.com/193The post, Thinking ‘Outside the Box’ to Save Your Money  | HDM 193 appeared first on the Her Dinero Matters Podcast

If you’ve ever felt broken, you know there’s probably nothing worse than the collection of anxious, self-defeating thoughts (and ensuing feelings) that fall upon you every time you realize you’re broke and can’t afford a basic expense, whether it is rent or just essential groceries. But, what if there was a mental switch that you could turn on everytime you feel broken and defeated? Something  that allowed you to turn the situation around? Would you use it? Well, you’re in for a treat!  In this week’s episode, Angelina Rosario, success coach, author, and motivational speaker will share with how she learned to turn brokenness and setbacks into fuel for success Hopelessness isn’t fun. It's easy to become carried away by the tide of negative feelings and intrusive/anxious thoughts that pop up whenever you’re going through a rough patch and your finances reflect your life circumstances all too clearly. Being broke is like wearing clothes that are too small for you: outsiders may not notice right away, but you feel the itch and the stretch everytime you take a step.Although there is nothing to be ashamed of, almost everyone reacts to a broken situationship in a negative way, and for a great reason: it’s how regular humans deal with stressful and unsettling circumstances! But, what if there was an alternative to this? What if setbacks and perceived failure were not something to be wary of, but the very building blocks of success? An essential piece to your journey? This is an insight that Angelina Rosario, success coach and author, discovered when she finally decided to take action to start changing her dire circumstances. In this episode, Angelina will share her incredible story of resilience and growth. In this episode you will learn: The crucial difference between making money and keeping money.Angelina’s insights on the power of setbacks.The one mindshift that allowed Angelina to leave behind the poverty cycle.For a quick recap of this episode go to https://www.jenhemphill.com/182The post, Essential Wisdom To Use When You Feel Broke  | HDM 182 appeared first on the Her Dinero Matters Podcast

Did you know that according to studies conducted by Andrew Naber, an organizational psychologist, the average person spends roughly 90,000 hours at work in a lifetime? It’s wild. Since work is such an important part of our lives, spending our days in an unsupportive and draining environment (aka, a job with toxic work conditions) definitely has the potential to turn our lives upside down. But, what do you do when this unfortunate situation becomes your reality? Is it possible to find a way out? That’s exactly what Doris Quintanilla, founder of the Melanin Collective, will attempt to answer in today’s episode. It’s Sunday evening and your body knows it. As soon as the day starts to fade out, an annoying and anxious voice in your head starts to turn up the volume. Before you know it, your heart is racing, your palms are sweaty, and a bone-aching sense of dread, like a Siberian tiger pouncing out of nowhere, engulfs you. The proverbial Sunday Scaries, an ever-present malaise that two years ago you believed to be the name of (yet another) over-hyped  cereal brand, is paying his regular weekly visit. The reason? The prospect of facing yet another work week is making your stomach turn. Admitting this, however, is not easy. At the end of the day, you still love what you do —you find meaning and joy in your career. The real problem (or, as some would say, the only problem) is that the work environment where you currently operate is sucking your soul out. It may be an unresponsive/unsupportive manager, passive-aggressive coworkers, long and exhausting working hours or unrealistic expectations from the leadership team —you name it. Regardless of the circumstances,  the problem remains: doing your job has become a race to the bottom that slowly (but oh, very steadily) is running you dry. If this situation sounds familiar, here goes the million-dollar question: how do you get out of this space? How can you recover your peace at work? Is there an actual way out of a toxic work environment? In this week’s episode, Doris Quintanila, founder of the Melanin Collective, will share her key to surviving toxic work environments. In this episode you will learn: The impact marching the streets, helping in fundraisers, and an abundance of determination had in her personal life.The story of  how her work environment soured up  after suffering a concussion.Her best tip to help you survive and overcome  a toxic work environment.For a quick recap of this episode go to https://www.jenhemphill.com/196The post, This Is NOT the End: The Key to Overcoming Toxic Work Environment  | HDM 196 appeared first on the Her Dinero Matters Podcast.

Did you know that believing in your capacity to make things happen (aka, believing in yourself) plays a huge role in the outcome of your projects and plans? It may not seem like a big deal, but a lack of belief can actually hinder you in ways that are hard to calculate with a simple spreadsheet. In this episode, I’ll share with you why belief in yourself is so important and what to do to cultivate this skill. Have you ever had a project in which you meticulously planned every step? In fact, everything was so well thought out in advance that you were certain this thing was going to turn out to be nothing short of amazing…except it didn’t. And now, with the advantage of hindsight on your side, you can finally start to see there was indeed a missing ingredient: belief. Or to be more specific: a lack of belief in yourself (and your skills).A lack of belief that, more often than not, translates into a lack of trust in your ability to make things happen. In this episode, we are going to dig deep and discuss what’s the role of belief in your everyday life and what you can do to harness its power. In this episode you will learn: The difference between belief, mindset, and confidence. How beliefs impact your work and the way you carry yourself in the world. What to do if you’re stuck in the lack of belief cycle. For a quick recap of this episode go to https://www.jenhemphill.com/199The post, [Summer Playlist] Harnessing the Power of Believing in Yourself | HDM 199 appeared first on the Her Dinero Matters Podcast.

Have you ever heard the story of someone who managed to overcome a dire financial situation and immediately thought “I would love to know how they did it”? I know I have! As any curious human would do, I’m always on the lookout for stories that showcase what others have done to overcome hurdles, especially if those roadblocks were money-related. In this episode, Kara Perez, the founder of Bravely Go, an award-winning financial education company, will share with us how she overcame some major financial challenges and how the experience shaped her.  Financial resilience is probably one of the most important skills you will ever develop. The ability to bounce back from setbacks and be strategic when organizing your priorities will always serve you well. The only problem with this? A huge catch-22:  to develop financial resilience you have to “walk the talk”, as Kara Perez's story aptly demonstrates. Kara grew up on the East Coast and, just as many of us do, she was raised in an environment where money was tight. And yet, at the tender age of 24, she decided that enough was enough and managed to pay back her student loans, fix her finances, and build a community that teaches people how to make sustainable money choices.  In this week’s episode, Kara will share with us her story and the big takeaways she got out of her journey. In this episode you will learn: Kara’s story on becoming financially resilient. Thought-provoking insights on the gender wealth gap and why this matters.Two things Latinas can do to minimize the impact of the gender wealth gap. For a quick recap of this episode go to https://www.jenhemphill.com/198The post, [Summer Playlist] A Journey Towards Financial Resilience | HDM 198 appeared first on the Her Dinero Matters Podcast.

When it comes to organizing our lives, we all have our ways and secret hacks… but in my opinion, nothing will ever beat the joys of having a realistic, well-thought checklist supporting your daily musings. No matter what my goals are, when I have them properly laid out in a list, magical things happen. If you are the type of person who also thrives when a handy checklist is provided, and you’ve been wanting to do some financial re-organization, I’ve got you covered. In this episode, I will share the  4-step checklist that I regularly use to review my finances whenever I feel some extra organization may be in order.When was the last time you had an incredibly productive day? The kind of day when the stars magically align and, out of the blue,  you become a task-crushing machine that just makes stuff happen? I’ll be the first to admit that, for me, a day like this doesn’t happen as often as I would like, but regardless of that one thing is certain: the productivity gods do tend to visit more when I plan my day with intention.And that planning usually involves a carefully curated checklist. Whether it is for tackling my list of regular chores, getting a headstart on an important project, or doing a healthy dose of financial reviewing, checklists are an essential tool in my planning kit. And because I know so many of us have the nagging tendency to postpone tasks that we perceive as complex or time-consuming, especially when it comes to finances (yes Tax Filing, I’m looking at you), I’ve created a 4-step checklist that will allow you to do a quick but thorough overview of the current state of your finances. In this episode you will learn: Why you should consider using a checklist to organize yourself and stay on track with all the different aspects of your finances.Insights on how to set up realistic and achievable goals. My tested-and-tried 4-step checklist that will help you advance your finances.For a quick recap of this episode go to https://www.jenhemphill.com/347The post, [Summer Playlist] A 4-Step Financial Checklist to Spring Clean Your Finances | HDM 347 appeared first on the Her Dinero Matters Podcast.