One of the best parts of launching this podcast is to talk to others about money topics and addressing concerns they’ve had or seen. Today is an important episode in the direction of the Work Your Wealth podcast and where you might continue to find financial resources. Today I'm talking about 5 important lessons I’ve learned over the past four years through my journey with this podcast and what the future will hold for me and Abacus Wealth Partners.   HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: The timeline of the Work Your Wealth Podcast The reason behind launching the podcast and writing the Work Your Wealth book The 5 lessons I’ve learned in doing the Work Your Wealth podcast The potential rewards that could come with putting yourself out there and taking risks The importance of doing what you love Why you have to recognize when it is time to evolve The one person that will always look out for you most Where you can continue to find the Work Your Wealth content and where you can continue to connect with Mary Beth LINKS WE MENTIONED ON THE SHOW: Work Your Wealth Book Abacus Wealth Partners Book a consult with Abacus Wealth Partners LET’S CONNECT! Facebook Twitter Instagram 

Work Your Wealth Podcast

5 Lessons Learned Over the Past Four Years

Dasarte Yarnway is the Founder & Managing Director of Berknell Financial Group, an innovative independent wealth management firm focused on helping millennials and seasoned investors design their best lives. Since the firm's inception, Berknell Financial Group has become one of the most notable millennial-led financial services organizations. In an industry that focuses on revenue and dollars-invested, Dasarte realized that a firm's value is created through how they could invest in their clients. Through this, The Wealth Bridge™ , Private Client Groups and Berknell Athletes were created. With his passion for listening to his clients greatest concerns and applying realistic solutions, Dasarte has become the go-to partner for millennials, growing families and seasoned investors alike. Berknell encapsulates this approach in their motto: Advice With You In Mind. Coined a “financial thought leader” and Guru by NerdWallet and Financial Planning Magazine, Dasarte believes in meeting you where you are. He offers advice and insight through his weekly podcast, The Young Money Podcast, three books (Dating Benji 2016, Young Money 2018, Pay Me In Equity 2019) and weekly blog. His prayer is that you may design your wealth on your terms.   HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: The story of how Dasarte got into the financial world The group Dasarte likes to empower around their finances How he built an ecosystem of financial knowledge for a community of people Why Dasarte embodies a mindset of servant leadership Applying the R.I.I.T.E. planning process The reason Dasarte has applied the lighthouse method in all that he did What the bigger picture for Berknell Financial looks like The changes Dasarte has made to build his business more efficiently The responsibility Dasarte feels to improving the financial industry The hardest business lesson learned by Dasarte The niche that Berknell Financial is continuing to reach The biggest thing many clients don’t understand  The unique challenges athletes face with financial decisions Who the real hero is in the advisor-client relationship and why LINKS WE MENTIONED ON THE SHOW: Investopedia Top 100 Financial Advisors 2020 Books By Dasarte Yarnway Young Money Podcast GET SOCIAL WITH DASARTE AND LET HIM KNOW YOU HEARD ABOUT HIM HERE Website Twitter Instagram 

The Relationship You Want with Your Financial Advisor with Dasarte Yarnway

John Eing is a partner and financial advisor at Abacus Wealth Partners.  As a financial advisor, John is passionate about simplifying and demystifying finances for his clients, and creating sound financial strategies allowing them to do what they love most.  He is also a member of the firm’s M&A team and investment committee.  Prior to joining Abacus, John was the Controller of Wells Fargo's $30B asset-based lending group.  He holds an Executive MBA from the Anderson School of Management at UCLA, a BA in Economics from UC Berkeley, is a Certified Public Accountant, and a CERTIFIED FINANCIAL PLANNER™. In his free time, John and his wife, Andrea, enjoy spending time with their two children Nathan (8) and Mia (4).  In his free, free time John is an avid fan of the Los Angeles Lakers. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How Abacus Wealth Partners is focusing on diversity, equity and inclusion Why you should do everything that makes you feel uncomfortable in business The difference between diversity and inclusion The path that led John to financial planning and Abacus Wealth Partners How to provide a space to openly discuss diversity, equity and inclusion in the work environment The benefits seen at Abacus with the cultural lunch and learns Diversity gaps in the financial industry How understanding your client’s cultural background can make you a better advisor A hurdle for financial education across different nationalities How to turn the diversity, equity and inclusion conversation into action Why personal finance must be taught in schools What progress might look like when expanding diversity in the financial industry LINKS WE MENTIONED ON THE SHOW: Economic vs Financial Planning Education Survey Save More Tomorrow by Shlomo Benartzi The Digital Nervous System by Bill Gates GET SOCIAL WITH JOHN AND LET HIM KNOW YOU HEARD ABOUT HIM HERE Website Email Instagram LinkedIn Twitter Facebook 

Diversity and Inclusion in Financial Planning with John Eing

Are You Better or Worse off Financially In 2020? One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I’ll be taking time to address and answer questions I’ve come across from readers and clients throughout my career. Today I’m answering the above question. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Why the end of the year is my favorite time of year for clients Questions I consistently receive as the year is closing out A way to gauge if you are better or worse off financially this year First step in measuring your financial progress The measurement to use when evaluating your financial health How to calculate your net worth A good way to evaluate your debt situation for the year The check you should be doing on your debt every January Why you should review your spending throughout the year How your savings goals play into your financial health Different savings vehicles you can utilize to grow your net worth A few things you should consider when talking about your retirement savings The role a change in income can play in figuring out if you’re financially better off this year How “lifestyle creep” could potentially hurt your financial health Why employer benefits must be evaluated each year LINKS WE MENTIONED ON THE SHOW Abacus Wealth Partners Mary Beth LET’S CONNECT! Facebook Twitter Instagram 

Are You Better or Worse off Financially in 2020?

Ariel Ward, CFP® joined Workable Wealth in 2018 as a Financial Planner and in March of 2019, made the move to Abacus Wealth Partners with me as a Financial Planner. She and I work closely together on our clients. She has 11 years of experience in the field of personal financial services and in helping clients develop financial clarity. She is passionate about helping professionals understand their financial lives and make better decisions with their money. She enjoys working with clients in the aviation industry to make the most of their employee benefits and map out a plan for personal financial strength. She is a member of NAPFA, the XY Planning Network and the Financial Planners Association. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: The most common financial concern seen with entrepreneurs The retirement plan options available to small business owners Items to be aware of if utilizing a SEP IRA Some of the numbers associated with an individual 401(k) The best plan to start with if you have employees  How much you should be saving into your retirement account  The type of insurance a small business owner should consider How a disability policy works and why you need it If you’re thinking group policy, here are some options as a small business owner Why you should have life insurance and who you are protecting The type of life insurance policy you should get What a keyman insurance policy will do for your business Reasons you should have a business continuity plan The two big ticket items we see people and business owners drag their feet on Why you should have professional liability insurance The benefits of utilizing a financial planner through all these decisions LINKS WE MENTIONED ON THE SHOW Freelancers Union Workable Wealth Blog post GET SOCIAL WITH ARIEL AND LET HER KNOW YOU HEARD ABOUT HER HERE Workable Wealth Website Ariel’s e-mail Instagram 

The 5 Big Financial Planning Concerns You're Forgetting as an Entrepreneur with Ariel Ward

Naseema is the founder of Financially Intentional, a platform about personal finance and living life intentionally. She discusses how taking control of her finances has enabled her to overcome bankruptcy, divorce, and break the cycle of living paycheck to paycheck. She shares her lessons along her path to help others benefit from the freedoms of financial independence. Outside of encouraging people to get their financial act together, Naseema is a mother and Labor and Delivery Nurse. Though making six figures for years, she struggled with money. Finally realizing she couldn't out-earn her financial ignorance, she knew she had to make some changes. By shifting her mindset around money, being consistent and intentional, She has paid off $1 million in debt and grew a six-figure net worth in three years without living in deprivation. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How Naseema made a move from nursing to a finance The misconception many people have about finances Where to start in order to move your finances in the right direction Steps to set yourself up for financial success How Nassema paid off $1,000,000 in debt The asset she sold to push her back on track financially Steps you can take to improve your financial life The flexibility Naseema was able to create by getting her finances in order How to keep yourself committed to your financial goals What it looks like to anti-budget How to keep your financial life in balance The importance of building a good team around you to continue to drive your passion How to make legacy building second nature in your life The benefit of having a financial planner as an accountability partner LINKS WE MENTIONED ON THE SHOW: Student Loan Planning Podcast Episode GET SOCIAL WITH NASEEMA AND LET HER KNOW YOU HEARD ABOUT HER HERE Naseema's Website Naseema's e-mail LinkedIn Twitter Instagram (Financially Intentional) Instagram (Nurses on Fire Podcast) Facebook (Financially Intentional) Facebook (Nurses on Fire Podcast) Pinterest TikTok 

Living a Financially Intentional Life with Naseema McElroy

Ariel Ward, CFP® joined Workable Wealth in 2018 as a Financial Planner and in March of 2019, made the move to Abacus Wealth Partners with me as a Financial Planner. She and I work closely together on our clients. She has 11 years of experience in the field of personal financial services and in helping clients develop financial clarity. She is passionate about helping professionals understand their financial lives and make better decisions with their money. She enjoys working with clients in the aviation industry to make the most of their employee benefits and map out a plan for personal financial strength. She is a member of NAPFA, the XY Planning Network and the Financial Planners Association. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Options to save after you’ve maxed out your 401k 401k limits for singles and married couples The definition of a backdoor Roth IRA and some considerations around it Income limitations for Roth IRA What you should have set up before doing a backdoor Roth IRA Why you should work with a financial planner if interested in the backdoor Roth Tax considerations when utilizing the backdoor Roth IRA When to begin contributing to a 529 Plan and how much What to look for when investing in a taxable account What capital gains taxes will look like based on income and time How to take advantage of a Health Savings Account (HSA) Some ages to keep in mind if you are utilizing an HSA How you should prioritize your savings goals GET SOCIAL WITH ARIEL AND LET HER KNOW YOU HEARD ABOUT HER HERE Workable Wealth Website Ariel’s e-mail Instagram 

What Do I Do After I Max Out my 401k with Ariel Ward

As both a tax attorney and CERTIFIED FINANCIAL PLANNER™, Brian provides comprehensive financial planning to LGBTQ entrepreneurs who run mission-driven businesses. Entrepreneurs hold a special place in his heart. He spent a decade defending them against the IRS as a tax attorney and has become one himself as an advisor. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How Brian evolved from a tax attorney into a CFP™ Navigating unique financial needs for the LGBTQ community The impact of marriage on a couples’ finances Estate planning challenges for domestic partnerships The financial paperwork that should be in place for every couple How to navigate different mindsets around money Financial planning tools for future family members What it means to run a mission-driven business How to mitigate  “shiny object syndrome” Where to begin if you want to create change in the world The best way to measure your passion around an issue How to leverage your unique expertise to make an impact LINKS WE MENTIONED ON THE SHOW: Brian Thompson’s Forbes page George Kinder Process Klontz Money Script Inventory GET SOCIAL WITH BRIAN AND LET HIM KNOW YOU HEARD ABOUT HIM HERE Brian's Website Brian's e-mail LinkedIn Twitter Instagram 

Unique Financial Planning Needs of the LGBTQ+ Community with Brian Thompson

A sought-after clinician, consultant, speaker, and writer, Dr. Joy Lere is a psychologist who practices at the intersection of behavior and business, specializing in work on the merger of money, mind, and meaning. Her signature work fuses Freud, Frankl, and the world of finance. She partners with bright, impact-driven, motivated professionals motivated to develop richer, more resonant lives. With one foot firmly planted in the field of psychology and the other waltzing down Wall Street, she works as a behavioral finance consultant for the financial services industry. She has previously served as an Associate Clinical Professor of Clinical Psychology at George Washington University and has held clinical and research positions at Children's National Medical Center, Penn Medicine Princeton Health, and the Department of Defense. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: How Joy got into the world of finance How people are handling their financial lives in the current state of the world Why it makes sense to continue self-care during the pandemic What self-care actually means (and looks like) The reasons being a perfectionist could be harming you Why giving yourself grace could alter in your life How social media is hurting you Ways to navigate the roller coaster of up and down days Questions to ask yourself during this time to move you forward How to simultaneously practice empathy and self-care Why it's important to take time for yourself (even when it seems as if there is no time)   LINKS WE MENTIONED ON THE SHOW: Spilling the Secrets of the Shelter-in-Place Joneses   GET SOCIAL WITH JOY AND LET HER KNOW YOU HEARD ABOUT HER HERE Joy's Website Joy's e-mail LinkedIn Twitter Instagram 

Self-Care & The Pursuit of Peace (of Mind) with Joy Lere

One of the fun parts of being a financial planner is getting to discuss some of the money moves we’ve made in our household knowing clients and readers are going through similar things. In these Work Your Wealth episodes I'll be taking time to address how we approached the different money situations and the results of our decisions. Today I'm talking about what has happened since the merger with Abacus Wealth Partners, what Workable Wealth looks like now, how we’ve been getting through the pandemic and changes I’ve made to align my career with my values. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: An update on where things are for Workable Wealth Why it’s okay to pivot, even during a pandemic Career details about my merger into Abacus Wealth Partners and how things are going What prompted me to pivot and merge with Abacus Wealth Partners What I recognized about my business and career to expand the value I was providing Things we built after the transition What Workable Wealth has turned into after the merger What it looks like to make broader changes in the financial industry The decision that was made to align my career with my values How I felt I could make a bigger impact with clients and in the industry   LINKS WE MENTIONED ON THE SHOW: Episode 88: Business Transitions as an Entrepreneur: How We Decided to Merge Workable Wealth LET’S CONNECT! Facebook Twitter Instagram 

Align Your Career With Your Goals

Summer is here and with all that is going on in the world I have decided to take a break from the podcast. The podcast will continue though! We will be back in the fall to provide you with some more great content, some amazing guests and additional tips on how you can continue to work your wealth! Until then, continue to go back listen to the over 100 episodes we've logged so far and reach out if you're looking for a financial planner than can help you with your money questions. ENJOY THE SHOW? Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify or Google Play. Leave us a review in iTunes. Have a money question you want me to answer? Submit one here. 

Time for a Summer Break

This week I sat down again with Beth Greulich, CFP® to talk through how to financially plan for your kids to go to college and some tricks along the way. Beth is a Certified Financial Planner™, Certified Divorce Financial Analyst, and Partner at Abacus.  After a career in market research, she took some time off to raise a family. As she considered what to do next, she was driven by the memory of her grandmother and her desire to help others who lacked confidence with their money management skills. As a financial advisor, she works closely with her clients, many of whom are women, to develop a unique and personalized financial plan that solves their specific needs. It’s extremely important to her that each of her clients clearly understand and can visualize the different paths/options that lead them to their financial independence. There are many forks in the road of life, so it’s important and extremely empowering to understand the long-term impact of each decision along the way. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: The main concern people have around funding education for their children The first step in planning for college for your kids When to start exploring college campuses The importance of exploring college interests early The best time to open a 529 plan What it looks like to set up a 529 plan before your child is born Where a college fund should rank on your financial priorities What should be funded before the college savings account  Considerations when thinking about college financial aid The most important things for kids to keep in mind while in college When to speak to your kid about financial aid available for college How subsidized and unsubsidized loans can come into play The amount of loan a student can take before having a cosigner How to help your children feel empowered when making college decisions Shop around and negotiate! Here’s how How to financially plan for college if you’re unsure if you child will even attend What to do if you have a surplus in your 529 plan GET SOCIAL WITH BETH AND LET HER KNOW YOU HEARD ABOUT HER HERE Abacus Website Beth’s e-mail Abacus Facebook Abacus Twitter Abacus LinkedIn 

College Planning for Your Kids with Beth Greulich

This week I sat down again with Wende Headley, CFP® to talk through some financial planning needs for women and some of the hurdles we tend to face. Wende is a Certified Financial Planner™,  Certified Divorce Financial Analyst, and Partner at Abacus.  She leads the firm-wide Women & Money initiative, which provides resources and education about the broad range of financial issues faced by women. In addition to her primary role as wealth manager for her clients, she regularly speaks at local women’s and professional organizations, hosts investment discussion circles with women in Pasadena, and serves as an AARP Tax Aide volunteer for low-income seniors. She earned an MBA from Harvard University, a BA in Economics and French from the University of Michigan, and a Certificate in Financial Planning from UCLA. She enjoys spending quality time with her husband and children. Whenever possible, you might find her skiing, running, doing a triathlon, volunteering at her kids’ school, or attempting to get that next book read for her Book Club. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: A big issue women tend to face around money Why it’s challenging for women to take action in their financial lives The best way to tackle money organization in your life How a financial planner can help when you’re feeling stuck How to take the first step in getting organized with your money The different approaches Wende takes with her clients What goals clients come to Wende with around their money The biggest money topic women tend to struggle with How Wende engages with women who don’t normally handle the finances in a relationship The motivation for change for women around their finances LINKS WE MENTIONED ON THE SHOW: Women in Money Abacus Page GET SOCIAL WITH WENDE AND LET HER KNOW YOU HEARD ABOUT HER HERE Abacus Website Wende’s e-mail Abacus Facebook Abacus Twitter Abacus LinkedIn 

Financial Planning Needs for Women with Wende Headley

This week I sat down again with Wende Headley, CFP® to talk about how to align your career with your values by giving yourself permission to make the pivots and changes you want to make.  Wende is a Certified Financial Planner™,  Certified Divorce Financial Analyst, and Partner at Abacus.  She leads the firm-wide Women & Money initiative, which provides resources and education about the broad range of financial issues faced by women. In addition to her primary role as wealth manager for her clients, she regularly speaks at local women’s and professional organizations, hosts investment discussion circles with women in Pasadena, and serves as an AARP Tax Aide volunteer for low-income seniors. She earned an MBA from Harvard University, a BA in Economics and French from the University of Michigan, and a Certificate in Financial Planning from UCLA. She enjoys spending quality time with her husband and children. Whenever possible, you might find her skiing, running, doing a triathlon, volunteering at her kids’ school, or attempting to get that next book read for her Book Club. HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: Challenges that dual career couples face The career and family decisions that led Wende to becoming a financial planner The transitional challenges of full time employee to full time stay-at-home parent and then back to full time employee again An insight into discussions Wende had with her husband before the transition How communication played a critical role in each career shift What it took to become comfortable with all of the changes The best way to view your life and career to allow yourself to breathe Wende does this to reduce the “noise” in her life A great place to start if you’re struggling to give yourself permission in your life and career What a values conversation with yourself or your spouse can do for your life How often you should check in with life goals for you and your spouse What conversations to have with little ones while going through career transitions Why it’s important for you and your partner to support each other when discussing career moves to your children The most impactful way to create empowerment around your money The benefits of understanding your own risk factor The comfort of having a financial plan B or plan C LINKS WE MENTIONED ON THE SHOW: Couples That Work GET SOCIAL WITH WENDE AND LET HER KNOW YOU HEARD ABOUT HER HERE Abacus Website Wende’s e-mail 

Giving Yourself Permission in Your Career with Wende Headley

This week I sat down again with Lindsey Woodward, CFP® to talk about how to align your money with your values by investing intentionally.  Lindsey is a financial advisor at Abacus Wealth Partners, which provides fee-only, comprehensive financial advice to help individuals, families and foundations. Lindsey is dedicated to helping the people she works with align their money with their goals and values. She serves on the Abacus Wealth Partners Investment Committee and is a co-leader of the Los Angeles chapter of WISE (Women Investing for a Sustainable Economy). HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE: What is meant by “values informed” investing Where to get started with investing intentionally How Environmental, Social and Governance (ESG) play a role in investing The reason a portfolio is screened Comparing and contrasting divestment, investment and engagement How to engage with companies you own shares in Tools for you when investing intentionally Socially Responsible Investing (SRI) portfolios explained and where they derive from Similarities and differences of ESG and SRI portfolios Different platforms and portfolios you can invest intentionally Action items to increase ESG options within your 401k What to consider when using your brokerage accounts with ESG portfolios The different types of holdings you should have in your portfolio The biggest benefit of investment diversification How to align your money with your values if you don’t have money to invest right now How you can bank responsibly through a Community Development Financial Institution (CDFI) How microloans play in an overall financial strategy A myth attached to ESG funds LINKS WE MENTIONED ON THE SHOW: As You Sow Opportunity Finance Network CDFI Locator Map Kiva GET SOCIAL WITH LINDSEY AND LET HER KNOW YOU HEARD ABOUT HER HERE Abacus Website Lindsey’s e-mail 

How to Invest Intentionally with Lindsey Woodward

The Work Your Wealth Podcast, presented by author, CERTIFIED FINANCIAL PLANNER(TM), and money guru Mary Beth Storjohann is teaching you how to make smarter choices with your money. Featuring interviews with leading authors, business owners and professionals, Work Your Wealth will give you the education, confidence and clarity around your finances that you deserve. If you're ready to use your money to live a life you love, this show is for you.

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Work Your Wealth Podcast

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