Are you among those who believe financial planning is something that only people with big incomes or inherited wealth should do? If so, then you’re not alone. Although planning skills are often seen as a spontaneity killer, the truth is that having a flexible plan under your sleeve is the best way to face uncertain times. In this week’s episode, Elaine King, founder of Family and Money Matters, will share why having a personalized financial plan is so important.

Have you ever wondered why uncertain times always hit us so hard? It is a real paradox. Intuitively, we know that life can change at a moment’s notice. We’ve seen friends and family navigate all kinds of rough patches, and if you were around in the 80s, you have also lived through a couple of recessions and economic downturns.

Intellectually, we understand that uncertainty and change are a part of life. And yet, when it’s time to develop a plan to navigate the huge waves of this ocean called constant change, some of us still resist. We either feel that no plan will ever be able to prepare us enough for the unknown (so why bother), or we overdo it and end up attempting to forecast every small thing. Hitting the proverbial middle ground feels like an impossible task.

This is why, in this week’s podcast, Elaine King, an award-winning certified financial planner, will share what essential mindset shifts you need to implement today to reach your financial goals.

In this episode you will learn:

• How emotions show up in financial planning.
• Why having a Plan B (and even a plan C) is non-negotiable,
• How to shift your mindset around money so it works for you and not against you.

For a quick recap of this episode go to https://www.jenhemphill.com/423

The post, Financial Planning for Uncertain Times | HDM 423 appeared first on the Her Dinero Matters Podcast.

If you are a small business owner or you plan to become one anytime soon, I can almost guarantee that one of your biggest concerns right now (if not the main concern) is how to make your business profitable in the long term without burning yourself down to the ground. Or some version of this. Well, today is your lucky day!. In this week’s episode, our guest, Dr. Karwanna D. Irving (aka, The Queen of Government Contracts) will share her playbook to do just that. Shall we dig in?

Typical advice for new business owners usually emphasizes a few “well-known” things. First things first, being in business is hard –the first few years will feel like an absolute grind (#yikes). Second, you have to start small to test the ground and gain momentum –forget about big contracts in year one. You should focus instead on perfecting our processes. And finally, the most important thing: you need to price yourself competitively –meaning, you have to find a rate that your client is willing to pay.

Well, in today’s HDM episode we will be doing a thorough revision of those deep-rooted beliefs because, let’s be honest, every small business owner out there gets into business for similar reasons. Increasing their incomes is an important part of it, but so is taking back control of their time and gaining a sense of personal freedom. Savvy business owners understand that entrepreneurship doesn’t have to mean fulfillment: trading time for money can only take you so far.

In this episode, Dr. Karwanna D. Irving, CEO and Founder of She’s Got Goals, author and Government Contracts expert, will share with us her playbook to scale your small business using the power of big contracts.

In this episode you will learn:

• Why following typical business advice is not the best way to scale.
• The A to Z of getting started with government contracts.
• The biggest mistakes small businesses make when attempting to secure a government contract.

For a quick recap of this episode go to https://www.jenhemphill.com/422

The post, Scaling Your Business Through Government Contracts | HDM 422 appeared first on the Her Dinero Matters Podcast.

If you are among the 44% of Americans who want to get rid of debt in 2025, but you are still not sure what the best way to achieve this goal, this week’s HDM episode is for you. Today, Rachel Hart, founder of Budget, Save and Blog will walk us through the radical debt-repayment plan that allowed her to slash $78,000 in credit card debt in only 1.5 years. Shall we dig in?

If you’ve ever tried to set up a truly long-term goal (think at least 3+ years from now), you know that doing this falls perfectly in the proverbial easier-said-than-done category.

The main problem? Our brains are wired to privilege short term satisfaction over long term success. Getting an instant $20 cash rebate from a $1000 purchase? Yes, please. Receiving thousands of dollars in ROI after 30 years of investing? Honestly, not that enticing (who is willing to wait 10 long years to see the reward coming, if it ever does?).

This is why paying off debt sometimes feels like an impossible quest, especially if the amount of money you have to repay is substantial (to the point where it surpasses by far your current income levels). With such a huge number living in your head all the time, it's easy to feel discouraged, demotivated, and, sometimes, even hopeless.

But, what if there was a way around this? What if you could build a plan to slash all your debt in record time? What would be the trade-offs? And most importantly, would you be willing to accept them?

Well, this is exactly what we’ll be talking about in this episode. This week we are having a down-to-earth conversation with Rachel Hart, founder of Budget, Save and Blog and host of the Money Moves for Latinas podcast. Back in 2021, Rachel slashed $78,000 in debt in only 1.5 years, a financial feat that must be discussed.

In this episode you will learn:

• Rachel’s radical plan, explained.
• The trade-offs behind an aggressive debt repayment plan.
• A key piece of (unconventional) advice for those who are in a debt-repayment journey.

For a quick recap of this episode go to https://www.jenhemphill.com/421

The post, Fast-Track Your Way Out of Debt | HDM 421 appeared first on the Her Dinero Matters Podcast.