Smart Money Mamas Show

Chelsea Brennan

Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.

Welcome to The Smart Money Mamas Show
Trailer 3 min 31 sec

All Episodes

#122 Today I'm talking with Renie Cavallari. She's the author of Head Trash and CEO of Aspire- a leadership development, training and consulting firm. Renie is an expert at helping people stop sabotaging their own success by helping them trade their anxiety and fear for bigger potential, and a better quality of life. We're talking about how to identify your own head trash, why mindset work really is the most important work, and why the quality of the questions you ask can determine the quality of your life. (5:33) Not sure what head trash is? Find out right here (8:50) Discover how to identify your disconnected thoughts faster (11:41) This is why mindset is absolutely the most important work (14:16) Do you know which of the Four Big Lies you're believing? (32:48) Here are some strategies to practice dumping your head trash Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/122 Grab your FREE Healthy Money Mindset Workbook https://smartmoneymamas.com/healthy-money-mindset-workbook  

Sep 2

39 min 25 sec

#121 Today I'm talking with children's author, Maria Dismondy. Maria has published a handful of delightful books that focus on diversity and character education. Learn how a lack of diverse literature inspired Maria to leave the classroom to publish children's books. We're talking about how you can use literature for creative conversations starters, tips for helping kids navigate anxiety with a new school year, and why we should always encourage curiosity! (1:33) Learn how Maria decided to transition from teaching to writing children’s books  (5:33) Here’s why children’s lit is the perfect tool for teaching character education  (7:20) These are some creative ways to build a life-long love of reading  (22:22) Check out these tips for helping kids work through pandemic anxiety in the new school year (37:01) Ever wanted to write and publish a book? Start here! Looking for more information, mama? Visit the show notes at  https://www.smartmoneymamas.com/121 Grab your FREE Passion Project Workbook https://smartmoneymamas.com/passion-project-workbook  

Aug 26

42 min 58 sec

Today I'm talking with the founder of Bilingual Birdies, Sarah Farzam. Sarah is sharing her journey of launching her business back in 2006, which was entirely bootstrapped. Through this language learning program, children can learn Spanish, Mandarin, French, and English through an engaging mix of song and play. Learn how Sarah is also helping others start their own business teaching kids and families in their local community. She'll share all about how you can get paid to play too! (2:09) Learn what it was like growing up in a household speaking 3 languages  (4:28) Hear about how Bilingual Birdies was brought to life  (13:22) This is how Sarah managed to bootstrap her business (14:42) Hear why Sarah’s secret to success was learning to fail fast  (27:59) Discover how you can use your language skills to launch your own Bilingual Birdies business in your area Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/120 Grab your FREE Passion Project Workbook https://smartmoneymamas.com/passion-project-workbook    

Aug 19

49 min 28 sec

#119 When you're having a new baby, one of the biggest expenses - and greatest unknowns - is medical costs. There is an unfortunate lack of transparency when it comes to birth costs, in addition to the uncertainty of whether you or your child will need specialist care after delivery. To make sure you understand the costs and get the most out of your health insurance, we're bringing in expert and naturopathic physician and twin mom, Dr. Ashley Burkman. We're talking about how to understand what your insurance covers, ways you can save money on birth costs, what expenses to expect after delivery, and more!    Looking for more information, mama? Check out the full show notes at https://www.smartmoneymamas.com/119

Aug 12

36 min 49 sec

#118 When I was a new mom, I suffered from postpartum depression and anxiety. But while I'd heard about these conditions, I didn't believe they could happen to me. I thought I could fix it all with the right exercise routine or system. I didn't know how to ask for help.   Taking care of your mental health as a new mom - and as your children grow - is crucially important. For your health and your kiddo's.   This week on Smart Money Mamas Live, I'm going to be joined by 3 amazing experts - Dr. Sheryl Ziegler Tiffany Day, and Cinthia Rivas - to talk all about maternal mental health.   Looking for more information, mama? Check out the full show notes at https://www.smartmoneymamas.com/118

Aug 5

55 min 31 sec

#117 Interested in starting a new online business but worried about how to manage it all with little ones at home? Tasha Booth, Founder & CEO of The Launch Guild, is here today to share how to get started making money online on your own terms! We will be talking about the tasks a virtual assistant can do, how to find clients, what you should charge, and how to avoid building a business out of a scarcity mindset!    Looking for more information, mama? Check out the full show notes at www.smartmoneymamas.com/117 Download your FREE Design Your Passion Project Workbook:  https://smartmoneymamas.com/passion-project-workbook

Jul 29

40 min 30 sec

#116 Often, one of the biggest worries for new working moms is managing coming back to work after maternity leave. How do you prepare mentally for the shift? How can you maintain your career goals while balancing new responsibilities as a mama? What about taking care of yourself? Don’t worry, we’ve got your back! This week on Smart Money Mamas Live, we’ll be joined by Lauren Smith Brody, author of The Fifth Trimester. We'll be discussing how to handle deciding between daycare and a nanny, dealing with bosses who aren't parents, how to rethink mom-guilt, and more!  Looking for more information, mama? Check out the full show notes at https://www.smartmoneymamas.com/116

Jul 22

43 min 30 sec

#115 If you've never been a parent before, it's difficult to go about deciding what's most important as a new mom. It's a time of immense change and fast learning. It’s joyful, but can also be overwhelming - especially when you factor in everyone’s well-meaning advice. In this episode, we’re joined by Kendra Adachi from the Lazy Genius Collective to dive into how to give yourself grace as a new mom, how to set boundaries with well-intentioned friends and family, and why a registry is a chance to name what matters to you!  Looking for more information, mama?  Check out the full show notes at www.smartmoneymamas.com/115

Jul 15

53 min 21 sec

#114 Get ready because today we're going to learn some expert strategies to improve your credit! A healthy credit score is the foundation for building wealth and when it comes to building that foundation - no matter where you're starting - Netiva Heard is an expert. In this episode, we're going to dig deep into why credit health matters, how credit scores work, the baby steps you can take to improve your credit score, and why a strong credit score can help you build lasting wealth.  Looking for more information, mama? Check out the full show notes at www.smartmoneymamas.com/114

Jul 8

51 min 3 sec

#113 Wondering how to create a baby budget and make sure you're saving money as a new mama? In this panel discussion, I asked my friends Tasha Cochran of One Big Happy Life, Kristin Stones of Cents & Purpose, and Bethany Bayless from The Motherhood & Money Show to discuss all of our experiences and our best money mama tips! Looking for more information, mama? Check out the full show notes at www.smartmoneymamas.com/113

Jul 1

1 hr 1 min

#112 Are you currently expecting or planning to start - or grow a family? New babies are exciting blessings. As you prepare for your family to get bigger, it's hard to stop looking at baby clothes, cribs, and imagining what your little one is going to look like. But it doesn’t take long for your mind to start to spin about all the ways your life is about to change and all the decisions you need to make.  In this episode, we're going to discuss creating a baby budget, understanding your healthcare costs, getting the right estate plan in place, thinking about maternity leave and your career, and more! Looking for more information, mama? Check out the full show notes at https://www.smartmoneymamas.com/112  

Jun 24

45 min 46 sec

#111 Today I'm talking with fellow podcaster and founder of Thriving in Motherhood, Jessica Jackson. After struggling through difficult pregnancies and other health challenges, she has discovered the tools to help moms go from surviving to thriving in any season of motherhood. We're talking about why you don't have to struggle alone, why you need to choose which balls to drop, and why noticing your thoughts can help you live a life that is full of what you love most.   (3:59) Find out how Thriving in Motherhood got its start during a mastermind of moms on the playground (8:27) This is how cognitive behavioral therapy helped Jessica take more responsibility for her own thought life (10:57) Check out the 5 step path to go from Surviving to Thriving in Motherhood (21:20) Listen to what changed for the Jackson family as they increased their income when Jessica was able to monetize her biz (28:07) Learn how you can let yourself off the hook for more of the "should" statements you battle every day as a mama (31:13) Discover the habits that Jessica has helped her family practice that allow them thrive most consistently (37:14) Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/111 Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/  

Jun 17

39 min 53 sec

#110 Today I'm talking with educator, blogger, and the founder of Tech-Savvy Mama, Leticia Barr. She has brilliantly combined all of her superpowers to help families navigate the difficult task of parenting in the digital age to keep your kids safe online.  We're talking about the difference between passive and productive screen time, how to encourage kids to ask for help when they stumble on inappropriate material, and what tools you can use to monitor screen time usage.   (4:01) This is the difference between productive time and downtime on a screen  (6:39) Discover some of the best tools and apps for keeping kids safe online (15:45) Consider these ways to navigate boundaries for kids who are wanting to use social platforms (18:05) Find out how to protect yourself in terms of your digital footprint  (39:43) Here are some things to explore when it comes to trust vs. over-monitoring your kid's screen time (45:33) Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/110 Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/  

Jun 10

49 min 3 sec

#109 Today I'm talking with the author and founder of You Need a Budget, Jesse Mecham. The YNAB app started with a simple spreadsheet he created so he and his wife could generate an extra $300 a month. Now they are busy discovering how to teach their seven children about why they need a budget. We're talking about why budgets are ever-changing, how to engage your kids' money personalities, and why you don't have to be a money expert to teach your kids about budgeting. (8:54) Learn where people most often overcomplicate their budgets  (11:09) Here are some tips for helping a reluctant partner understand why you need a budget  (25:24) Wondering how you can discourage kids from buying things you don’t want them to buy? Check out these tips!  (27:16) Check out the four YNAB rules and why they are easy enough for kids to understand  (31:00) Hear about the many different versions of budgeting systems Jesse and Julie have tried in their home (42:35) This is how Jesse is thinking about raising kids who will likely find partners as adults who aren't as financially savvy as his kids will be (47:13) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/109 Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/  

May 27

51 min 53 sec

#108 In today's episode I'm talking with registered dietician, mama, and founder of Kids Eat in Color, Jennifer Anderson. Jennifer is an expert in helping parents help their kids develop a healthy relationship with food by reducing the stress of mealtime battles.  We're talking about managing food waste, the unnecessary scare tactics used in food marketing, and how to encourage choices with boundaries at mealtimes.  (5:27) Learn why offering smaller portions may solve a lot of the power struggles at mealtimes  (7:35) Find out why food marketing has made us feel terrible if we can't afford to feed our kids "fancy foods" or organic foods  (18:35) Do you know what a food desert is? Here are some tips for feeding your family if you live in one  (25:38) This is how you can manage the stress of food waste on the days your kids aren't eating what's available  (31:26) Find out how you can successfully navigate food battles with "extreme" picky eaters  (55:08) Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/108 Grab your FREE Meal Planning Templates! https://smartmoneymamas.com/meal-planning-printables/  

May 20

59 min 59 sec

#107 In today's episode I'm talking with money mentor for world changers and author of Get Rich, Lucky Bitch, Denise Duffield-Thomas. She helps women charge premium prices, release the fear of money, and create First Class lives. We're talking about how to start tapping into your money story, how to up-level your life in increments, and how to stop being the bottleneck in your own life. (4:17) Let's define manifesting: what it is and what it's NOT (9:49) Discover how to uncover the layers of your money story and money memories (19:41) Learn why you're not a diva if you just want to raise your standards and keep your boundaries (38:03) If you want to start thinking wealthy, here's how to up-level your life in small steps (50:45) Learn how to train your brain to practice reverse-paranoia (56:32) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/107 Grab your FREE Passion Project Workbook! https://smartmoneymamas.com/passion-project-workbook/  

May 13

1 hr

#106 In today's episode, I'm talking with digital product coach for women, Monica Froese. She is the founder of both Redefining Mom and most recently, Empowered Business. Monica is on a mission to help 1000 women hit $100,000 in their business. We're talking about that one time she chatted with Barack Obama, why our money stories can help us understand our spending habits, and why you're already 100% qualified to create and sell a digital product. (4:29) Hear about the time Monica's blog got her an invite to chat with President Barack Obama (11:39) Learn how Monica's business started with the motto that she couldn’t fail (22:32) Listen to Monica unpack part of her money story and why a desire for control drove her decisions (32:01) Check out the first step in making sustainable money online (41:10) Find out when it’s time to launch a product (47:01) Want to learn how to start selling? It’s simpler than you think (55:34) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/106 Grab your FREE Passion Project Workbook! https://smartmoneymamas.com/passion-project-workbook/  

May 6

58 min 50 sec

#105 For this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. Today we’re going to discuss more specifics about inheriting money, retirement resources, leaving your 9-5, and more! (00:58) Our first question comes from Jacqueline who asks, "My husband and I would love to move out of the country at some point soon. When we do, what happens to our retirement and any other investment accounts?" (6:22) Alice wonders - "We're inheriting some money from in IRA which apparently we have to take out in the next ten years. What do we need to know to be smart about this?" (10:14) Robin asks, "At 65 and 60 my husband and I feel like we are still "adulting." What are some resources that can help you decide when you can retire?" (14:45) Tiffany wants to know, "Are there any good podcasts or blogs you’d recommend for Smart Money daddies? My husband is intrigued by all that I’ve been learning, and I might have actually inspired him a bit with my hard work!" (17:25) Our last question is a fun one: "What did you say to your boss when you decided to leave the corporate world and start SMMs? How did the conversation go?" Looking for more information, mama?  Visit the show notes at https://www.smartmoneymamas.com/105 Grab your FREE Meaningful Money Kickstarter Guide: https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Apr 29

21 min 38 sec

#104 Today I'm talking with author and financial literacy and mental health advocate, Natalie Torres-Haddad. As an immigrant and first-generation college student, Natalie had a tremendous challenge dealing with her student loan debt after college. She learned the hard way how her financial health directly impacts her mental health, but now she teaches people of all ages how to be financially savvy.  We're talking about what boundaries you need to put in place to protect your mental and financial health, how to make financial conversations less taboo, and how to make finances less stressful and even fun for kids. (4:55) Learn how Natalie's mental health took the biggest hit because of the overwhelm of her student loan debt (09:05) Hear how Natalie has put new boundaries in place to protect her mental health (14:21) This is a truth about therapy we don't always talk about (21:13) Find out how Natalie makes taking care of her finances relaxing and part of her self-care (23:56) Bet you never dance while you budget, but you might after you hear this (29:51) Want to teach kids about money? Try this budgeting activity with your kids  (36:54) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/104 Grab your FREE Healthy Money Mindset Workbook https://smartmoneymamas.com/healthy-money-mindset-workbook/  

Apr 22

41 min 23 sec

#103 In today's episode, I'm talking with financial expert, startup executive, and author, Jennifer Barrett. In her book, Think Like A Breadwinner, Jennifer is helping women re-examine the false narrative that women shouldn't or can't earn more than men. We're talking about how societal expectations play a role in how women think about money, why you need to think like a breadwinner even if you aren't one, and why being a female breadwinner is worthy of celebrating! (5:00) Have you noted this difference in how we talk to our son vs. our daughters about money in our society? (8:26) Listen as Jennifer describes what the breadwinner mindset looks like (10:06) Find out about the moment Jennifer committed to negotiating her pay and advocating for herself  (25:31) Discover why companies that implement a paid maternity and paternity leave are seeing a direct return on that investment (28:38) Learn about the work that Jennifer is doing with Acorns to help you invest -starting by just rounding up the spare change (34:01) If you're ready to take more responsibility for your finances and adopt the breadwinner mindset, here's your first step (47:58) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/103 Grab your FREE Healthy Money Mindset Workbook https://smartmoneymamas.com/healthy-money-mindset-workbook/  

Apr 15

53 min 2 sec

#102 In today's episode, I'm talking with certified personal coach, Cassidy Nasello. I wanted to bring Cassidy on the show to share how using the KonMari method (of Marie Kondo) can help you do a reset on your life as you dive into spring cleaning.  We're talking about the best place to start using the KonMari Method, the deeper emotional work you will dive into, and how you can even simplify and declutter your finances. (3:45) Learn how Cassidy took the plunge to start her own business even as a typically risk-averse personality (06:03) Listen to Cassidy describe why the KonMari Method is way more about your vision for your life than it is about tidying and systems  (14:29) Discover how you can use the KonMari Method even as a busy mama  (18:35) Find out how you can declutter without filling up the landfills at the same time  (32:29) Listen to how Cassidy and her husband simplify and declutter their finances Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/102 Grab your FREE Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook/  

Apr 8

51 min 25 sec

#101 In today's episode I'm talking with America's favorite personal finances advisor, Tiffany "The Budgetnista" Aliche. She's used her teaching degree to become an expert in helping women transform their relationships with money so they can become financially whole. We're talking about the 10 steps to financial wholeness that she covers in Get Good with Money, how to reframe your long-term savings goals, and how to protect your dignity while working to pay off debt. (9:08) Listen to Tiffany’s definition of financial wholeness (10:37) Discover how you can simplify your expenses into three categories so you can have more control over your budget (15:13) Find out why it might be worth it to say no to brunch and yes to Morocco (20:23) Struggling to prioritize saving for retirement? This idea will help! (28:58) This is how you can reduce your anxiety when dealing with debt collectors (32:39) Here are some quick tips if you’re trying to balance saving an emergency fund and paying off debt at the same time (57:42) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://smartmoneymamas.com/101 Grab your FREE Meaningful Money Kickstart Guide! https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Apr 1

1 hr

#100 For this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. Today we’re going to discuss 529 savings goals, forming LLCs and new home budgets as we celebrate and reflect on 100 episodes on the Smart Money Mamas Show!  (1:35) Find out which episodes have been favorites for Lauren and the SMM team (8:07) Discover what Chelsea learned and loved about starting her own podcast  (10:31) Erica asks, "How do I come up with a goal for 529 savings? I'm wondering how to make a decision on whether to prioritize college savings over other FI goals." (17:13) Justine asks, "How do I choose which ETFs to invest in?" (26:13) Nicole says, "For hobby incomes at what point does it make sense to create an LLC or issue yourself a 1099 so you can write off expenses?" (29:50) Beth says, "I know we're generally encouraged to put 20% down on a new home. Is there a suggested amount to save for on-going home maintenance and/or emergencies?"   Looking for more information, mama? Visit the show notes at  https://smartmoneymamas.com/100 Grab your FREE Meaningful Money Kickstarter Guide: https://smartmoneymamas.com/meaningful-money-goal-worksheet/

Mar 29

37 min 21 sec

#099 In today's episode, I'm talking with best-selling author and Certified Divorce Financial Analyst, Leah Hadley. Leah has faced many challenging life transitions including adopting three kids overnight, divorce, and a job loss. Now she works with moms who need to rebuild a strong financial foundation for the next phase of their life. We're talking about how to take the emotion out of the hard decisions, how to stay in control of your income even when it changes, and why you need to let yourself dream again. (5:16) Learn how Leah works with couples to get on the same page financially (10:49) Listen to Leah tell about their foster to adopt journey with her three kiddos (18:55) Find out what resources Leah used most to work through the stress of the divorce (21:25) Discover Leah's advice if you find yourself needing to transition from 2 incomes down to 1.  (42:57) This is how you can stay in control of your income even in an unstable season (48:19) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/99 Grab your FREE Emergency Preparedness Checklist https://smartmoneymamas.com/financial-emergency-preparedness-checklist/  

Mar 25

52 min 32 sec

#098 In today's episode, I'm talking with author and founder of Redefining Wealth, Patrice Washington. She's passionate about helping women build the 6 pillars of wealth which she breaks down in her book Redefine Wealth For Yourself. Patrice's personal journey of having wealth, losing it, and rebuilding it again is a story of resilience we all need to hear. We're talking about prioritizing your physical health as a mom, setting boundaries to protect what's most important, and how to tap into your network of support as you chase your big goals.  (11:03) Learn how self-diagnosing almost cost Patrice her life (16:58) Find out why it's critical for you to build in your pillars of support (24:25) Learn how Patrice and her husband rebuilt their lives after financial disaster (35:48) Struggling with boundaries to separate family and work? Start here (40:18) Why you need to stay honest about your money story - even with your kids (35:48) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/patrice Grab your FREE Meaningful Money Kickstarter Guide https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Mar 18

49 min 8 sec

#097 Today I'm talking with author and podcast host of Terrible, Thanks for Asking, Nora McInerny. Nora became a widow at a young age. While grief hit her like a freight train, she still manages to find cracks of light through humor and amazing communities like the Hot Young Widows Club and Still Kickin. Still Kickin is the fulfillment of her late husband's dream to help families find support in hard times. We're talking about the impact of grief on your brain and body, and the practical financial advice Nora has for anyone else walking out a similar journey. Mama, please know that this episode does cover difficult topics like cancer, loss of a spouse, and miscarriage. If you need to, skip this one and check out another episode today. (3:23) Why humor has become a way for Nora to find those cracks of light in the middle of grief (12:07) Find out about the financial situation Nora and Aaron were facing when he got sick (20:59) Check out the emotional and financial resources Still Kickin offers (26:53) These are the ways Nora is paving a new path with her finances (and what she’s having grace on herself for) (39:52) This is permission for you to release all expectations on yourself while you’re grieving (43:39) Chelsea’s Top Takeaways Looking for more information mama? Visit the show notes at https://www.smartmoneymamas.com/nora Grab your FREE Family Emergency Preparedness Checklist: https://smartmoneymamas.com/financial-emergency-preparedness-checklist/  

Mar 11

46 min 43 sec

#096 In today's episode, I'm talking with co-founders of The Rebel Mama, Nikita Stanley and Aleks Jassem. These two are paving a new road for the face of motherhood that centers around authenticity and empowerment. We're talking about how they built their business on maternity leave, mindful consumerism as a new mom, and how they overcame their fears about their own finances in order to empower other mamas. (5:03) How these two built their business on maternity leave (10:34) Why you need to get a hold of Rebel Mamas' self-published book, The Handbook for Cool Moms (13:47) Why mindful consumerism needs to replace your fear of being a bad mom (16:45) Discover exactly why money is so important to empowerment for mothers (18:55) This was Aleks and Nikita's money mindset before they started paving a new path (31:18) Have you thought about your plan for returning to work after the baby comes? Here are some things to consider if you haven't (49:53) Chelsea's Top Takeaways Looking for more information mama? Visit the show notes at https://www. smartmoneymamas.com/rebelmama   Grab your FREE Healthy Money Mantra Guide: https://smartmoneymamas.com/healthy-money-mindset-workbook/

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Mar 4

53 min 46 sec

#095 In this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. Today we’re going to discuss more specifics about retirement funds, and investing! (03:44) Kelli wants to know, "What is the recommended percentage to save for retirement? Should you have a Roth IRA in addition to a 401K?"  (9:51) Court asks, "I know we need to be invested in small caps, medium and large caps - How do I know if I'm diversified into all three groups?"  (19:12) Amanda says, "My employer-sponsored 401K offers target-date funds as an investment option. Do you recommend?"  (23:03) Cathryn asks "Is FOREX a real way to make money? Pros and cons?"  (27:07) Evelyn wonders, "Is it necessary for each spouse to have a retirement account? My employer offers a 401k with 4% match and pays the yearly fees while my husband is a teacher and his employer offers a 403b with no match and he has to pay the maintenance fees.  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/95 Money Mamas Guide to Investing Template: https://smartmoneymamas.com/mamas-investing-guide/  

Feb 25

34 min 36 sec

#094 In today’s episode, I’m talking with Global Philanthropy Advisor and Expert, Kris Putnam-Walkerly. She is the author of Delusion Altruism, which highlights the truth that how we give is just as important as how much we give. We’re talking about why you don’t need to be wealthy to be a philanthropist, why philanthropists can struggle with a scarcity mindset, and how you can take your first step to give with more impact today! (4:33) This is a definition of philanthropy you might connect with (6:56) This is why how we give is just as important as how much we give (11:45) Listen to find out how non-profits find ways to measure their impact  (15:17) Why philanthropists can ironically carry a scarcity mindset (37:22) Why we need to be adaptive as funders and stop being paralyzed by the unknown (40:22) Here’s step one of how you can become a philanthropic family (45:49) Chelsea's Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/kris Grab your FREE Family Money Values Worksheet https://smartmoneymamas.com/family-money-values-template/  

Feb 18

49 min 29 sec

#093 In today’s episode, I'm talking with power couple and financial educators, Tai and Talaat McNeely. They are passionate about helping you and your spouse or partner get on the same page so you can become tenacious about reaching your financial goals together. We're talking about dealing with bringing debt into a marriage, how to start money conversations with your partner, and how to establish your own family money values. (4:12) Discover how this couple got out of debt in their first year of marriage and went on to pay off their house  (9:09) This is why you always need to put all your financial cards on the table  (13:25) Find out how getting on the same team financially improved other areas of Tai and Talaat's marriage  (16:29) Hear the story of that time they flipped a house right in time for the recession  (38:56) This is how you can stop blaming your partner for your money struggles (43:52) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/93 Grab your FREE Family Money Values Worksheet https://smartmoneymamas.com/family-money-values-template/ 

Feb 11

48 min 59 sec

#092 In today’s episode, I'm talking with the full-time content creator and influencer, Mattie James. Mattie now creates content for her blog, Youtube, and podcast and collaborates with some really big brands like Samsung and TJ Maxx. She's sharing about how her current six-figure income all started with a blog and the inside scoop on what it's really like to be an authentic influencer.  (5:34) Find out how motherhood impacted Mattie's business in a dramatic way  (17:45) Why Mattie is making sure that her kids have the choice between being an employee and being an entrepreneur  (21:05) Learn why Mattie wants to redefine the word "influencer" and unpack the misconceptions about being one  (36:25) Are you curious about how you make money as an influencer? Listen here!  (46:30) There's no way around it. You just have to suck in the beginning. So just start!   (51:38) Chelsea’s Top Takeaways Looking for more information, mama?  Visit the show notes at https://www.smartmoneymamas.com/mattie Grab your FREE Passion Project https://smartmoneymamas.com/passion-project-workbook  

Feb 4

57 min 8 sec

#091 In today’s episode, I'm talking with board-certified nurse and trainer, Angel Cellucci about how to identify medical fraud.  Angel is on a mission to help empower individuals to be better consumers of healthcare. She helps people make sure the medical care they get is necessary and offered at a fair and reasonable price.  We're talking about how often medical fraud happens, what you can do to prevent medical fraud, and how you can be more effective when you do have to advocate for yourself. (4:28) Do you know the difference between medical abuse and medical fraud?  (10:15) Follow the DOVE framework to actively prevent medical fraud (20:34) Learn the 4 blatant types of billing errors or medical fraud (32:41) Here's how you can approach the process in order to make sure you get errors resolved (51:21) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/angel Grab your FREE Meaningful Money Kickstarter Guide https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Jan 28

51 min 20 sec

#90 For this episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing. Today we’re going to discuss increasing credit scores, Bitcoin investing, finding the best provider for term life insurance, and more!  (05:05) Christine asks, "I recently opened 529 plans for my children, and while I was there, the representative told me that I should keep depositing into my 403b and before I retire transfer the money into a ROTH IRA, does this make sense?"​  (10:56) Christine had a second question, "My children now have debit cards. What rules should I set up as far as making purchases? 

 (16:59) Court wants to know, "What is your advice regarding credit cards? I was a die hard Dave Ramsey fan and when I began my debt free journey in January 2015, I did need to get rid of all credit cards because my spending was out of control. Now, my husband and I are about to buy the house we’re renting and payoff our van loan. 
 (28:14) Nancy says, "What is your take on Bitcoin investing?"  
 (41:35) Amanda asks, "Hubs and I are saving up to do some home renovations in 5 years. I am toying with the idea of putting it into our brokerage account so that it can get better growth than in a plain savings account. I want to continuously add money so a CD is out. Other than the possibility of losses from potential market dips, what kind of tax implications could I see from my brokerage path?"  (48:19) Tiffany says, "Where do I start for figuring out term life insurance for my husband and I? There are so many options online!! I have a small policy from work, but I know it will never be enough."  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/90 Grab your FREE Money Mamas Guide to Investing Template: https://smartmoneymamas.com/mamas-investing-guide/  

Jan 25

54 min 24 sec

#89 In this episode, I'm talking with financial therapist and best-selling author, Barbara Huson. Her latest book, Rewire for Wealth breaks downs the neuroscience of money so you can take charge of your finances.  We're talking about chasing sacred success, how to practice rewiring your brain, and how you can teach your kids about money without injecting fear.  [1:57] This was Barbara's painful and dramatic wake-up call that she needed to become financially savvy  [8:32] Are you pursuing "sacred success"?  [12:41] This is how to practically start rewiring your brain around money  [26:20] Discover how you can learn to "reparent" yourself and help heal pasts trauma  [30:40] Here's how you can have honest money conversations with your kids, without infusing fear  [39:19] Chelsea's Key Takeaways   Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/barbara Grab your FREE Meaningful Money Kickstarter https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Jan 21

44 min 21 sec

#088 Today I'm talking with author and founder of Ladies Get Paid, Claire Wasserman. This was originally a live we recorded in the Motivated Mama Society, which gave our community the chance to ask some questions you're likely asking about the gender gap too.  We're talking about why you need to trust your instincts more, why you should always be intentionally growing your network, and how to negotiate raises and get recognized for the value you bring.  (6:24) This was the one comment that kickstarted all of Claire's research on the gender gap  (12:08) This pinpoints why women have a tendency to discount any work we do that is natural and fun  (19:14) Here are some tips for how to negotiate a raise (26:38) Learn about the time Ladies Get Paid got sued for gender discrimination by a men's rights activist group  (38:27) These are some ways to make sure you get acknowledged for the work that you're doing  (52:24) Chelsea's Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/claire Grab your FREE Passion Project Workbook https://smartmoneymamas.com/passion-project-workbook  

Jan 14

57 min 44 sec

#087 In today’s episode, I’m talking with author and research scientist, Dr. Wendy Wood. Since she's listed in the top 1% of scientists worldwide, I figured she would be the expert we need to make sure our 2021 goals don't go to the wayside by February.  We're talking about why you actually don't need more will power, how to build habits when your schedule is unpredictable, and why finding a community that shares your goals is so crucial.  (2:47) Why persisting with a habit, not just starting it- is so gosh darn tricky  (9:25) Do you know you have habits you're not even aware of?  (17:00) This is the difference between starting a good habit and breaking a bad one  (32:01) This is why repetition is key to building good habits  (44:33) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/wendy Join the Motivated Mama Society today!  https://society.smartmoneymamas.com/   

Jan 7

50 min 10 sec

#086 Happy New Year! Happy 2021! Happy surviving all that was 2020. Today I have a super special treat for you to celebrate! I've invited 10 top-notch money experts to the show to share their best piece of advice for the New Year so you can set meaningful money goals - and reach them - in 2021! Looking for more information, mama? Visit the show notes at https://smartmoneymamas.com/2021 Ready to find your community and join the Motivated Mama Society? Click here to get on the waitlist! https://smartmoneymamas.com/waitlist

Dec 2020

41 min 59 sec

#85 In today’s mini-episode, I just want to send a quick Christmas COVID-safe hug and say Happy Holidays. For the majority of us, things look really different this year. I hope you can embrace the lack of pressure and maybe some new cozy traditions-some that may even stick around for years to come! But I also have a special challenge for you to help you make 2021 your best year yet! I hope you take me up on it!  Ready to find your community and join the Motivated Mama Society?  Click here to get on the waitlist!> https://smartmoneymamas.com/waitlist

Dec 2020

3 min 8 sec

#84 In today’s episode, I’m talking with Monica Louie, six-figure debt-tackler who has built an ad agency that all started with a blog. Monica and her husband were able to pay off $120,000 in two years on a blue-collar income after she quit her job to stay home. We're talking about the creative ways they took big chunks out of their debt, why you don't need to know everything to start a business, and why budgets can be more empowering than limiting. (4:20) Discover how Monica realized it was time to start a business, even though she didn't have a business idea yet  (7:43) These are some of the early changes Monica's family made in order to start tackling their debt  (16:40) This is where you can start if you're feeling ready to start chasing debt freedom too (28:04) Listen to the time that Monica got to be in the hot seat on stage with Amy Porterfield  (34:01) Learn how Monica was able to actually sell her blog-ya, it's a thing!  (41:03) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/monica Grab your FREE Passion Project Workbook https://smartmoneymamas.com/passion-project-workbook  

Dec 2020

45 min 36 sec

#083: In today’s episode, I’m sharing why prescriptive, inflexible money advice rarely works. We'll unpack why money strategies that are unique to you and your personality are the only ones that work long-term and how you can start charting your own path. (02:09) Why old school money strategies can do more harm than good  (06:30) Some good news for you if you feel like you "failed" another hard system  (11:17) This is what you need to know if you want to succeed with money long term  (15:03) Start here if you need to find a money management system that works for you  (20:53) Why the key to all this requires a willingness to make mistakes  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/83 Grab your FREE Meaningful Money Kickstart Guide:  https://smartmoneymamas.com/meaningful-money-goal-worksheet/  

Dec 2020

22 min 41 sec

#082: In today’s episode, I’m sharing the three pillars of what it means to leave behind a healthy financial legacy. I'm going to challenge you to define the word "legacy" and help you understand why your legacy involves a lot more than monetary wealth. We're talking about getting organized, developing a wealthy mindset, and building generational wealth.   (02:05) Why it's important to start thinking about your legacy even when you're young  (11:34) Why a Family Emergency Binder simplifies a lot while you're grieving  (16:51) Don't worry about leaving wealth behind until you've done this  (17:44) Are you teaching your kids to chase their passions or just fantasize about them?  (19:44) This is why it's okay for your kids to be curious about money and learn to use it as a problem-solving tool   Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/82 Grab your FREE Financial Emergency Preparedness Checklist:  https://smartmoneymamas.com/financial-emergency-preparedness-checklist/

Dec 2020

27 min 44 sec

#081 In today's episode, we asked the mamas in our free Mamas Talk Money Community on Facebook to send us their questions. If one person in our community has a question, there are no doubt others wondering the same thing.   Today we’re going to discuss holiday traditions in a pandemic, what self-care looks like for us these days, and how to wrap your brain around goal-setting for 2021 when things feel so uncertain!       (2:53) The moment you've been waiting for: Chelsea and Lauren's favorite pie selections revealed!  (3:56) Alice asks, "How are you both doing with self-care?" (That's so sweet!) (11:59) Why paying attention to your budget is actually another form of self-care (12:03) Sonia wants to know, "How do I tide over the holiday season without indulging my online shopping urges? What else are you all focusing on as a release or diversion?" (24:48) Emily asked, "Any ideas for goal setting for the new year when so much is still unknown?"   Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/81   Grab your FREE Family Money Values Template https://smartmoneymamas.com/meaningful-money-goal-worksheet/

Nov 2020

33 min 17 sec

#080 In today’s episode, I’m talking to New York time best-selling author and podcast host, Kendra Adachi. Kendra is a professional permission giver and systems expert and she wants you to know you actually don’t have to do it all. We’re talking about identifying what matters most to you, tangible ways you can reduce your mental load, and how you can lazy genius your budget too!  (2:56) Find out how you can start naming what matters as a lazy genius  (8:26) How Kendra got started trying to unlearn bad habits and pick up systems to save her sanity  (14:14) Have you had dark thoughts about that lady in Target like this too?  (24:07) Ask yourself this magic question to start uncomplicating your life!  (37:30) Hear about Kendra’s personal budget strategies  [47:45] Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/kendra Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/

Nov 2020

52 min 37 sec

#079: In today’s episode, I’m talking to business and finance reporter and host of the Brown Ambition Podcast, Mandi Woodruff. Mandi experienced financial insecurity at a very young age and has been intentional to find ways to create a life full of choices. We’re talking about how to get scrappy when you have to, why your mental health is key to overcoming obstacles, and why prioritizing your personal goals can actually make you a better mom.  (04:27) The first time Mandi remembers feeling the stress of financial insecurity  (12:40) What Mandi's spending habits looked like when she got serious about being financially free  (15:54) Mandi’s tips for how to build resilience in the coming year  (32:10) How Mandi’s goals have shifted as she has become a mom  (47:58) Why Mandi is passionate about raising a son who is resilient, empathetic, and a critical thinker​  (51:21) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/mandi  Grab your FREE Meaningful Money Kickstarter Guide  https://smartmoneymamas.com/meaningful-money-goal-worksheet/

E

Nov 2020

55 min 34 sec

#078 In this episode I am talking with Amanda Holden, author, speaker, and expert in equipping women to make smart investment decisions. Amanda is super relatable and super passionate about you being financially free as a woman in retirement. We’re talking about why investing needs to be a priority for women, the biggest takeaways from the stock market in 2008, and how to know if you’re ready to invest.  (4:45) Discover why Amanda has earned and kept the nickname “Dumpster Doggie”.  (13:11) Hear the questions people asked Amanda when she was in investment management in 2008.  (25:09) Never invested before? No problem-start here!  (31:39) Listen here to find out how to know you’re ready to invest.  (48:24) These are the most common misconceptions about investing.  (1:02) Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/amanda Grab your FREE Smart Money Mamas Guide to Investing https://smartmoneymamas.com/mamas-investing-guide  

Nov 2020

1 hr 3 min

#077 In today’s episode, I’m talking with Kristyn Hodgdon, twin-mama, who navigated her own journey through infertility treatments and now supports thousands of other women in her community, The Fertility Tribe. We’re talking about what Kristyn wishes more moms knew before they started their infertility journey, how to handle the financial and insurance side of fertility treatments, and why Kristyn decided to quit a job she loved to support more women as they seek to grow their own families when it doesn’t go according to plan.  (04:45) What Kristyn wrote about in her first blog post of her infertility journey  (08:06) What it was like to balance the mental weight of fertility treatments and work and marriage  (25:09) What Kristyn wishes women who haven’t experienced infertility knew  (30:42) What Kristyn’s financial situation was like as they entered parenthood  (38:19) Encouragement if you are facing secondary infertility  (51:21) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/kristyn

Oct 2020

45 min 10 sec

#076 In today’s episode, I’m talking with Caroline Vencil, who is an expert living a full life on a tight budget-even as a family of six! We’re talking about how extreme saving can be a severe hang-up, the creative ways Caroline helped her family stick to the budget, and how being intentional makes spending money more fulfilling.  (5:59) Why Caroline’s story of being a rich kid was more of a facade than reality  (9:53) Hear the list of creative ways Caroline saved her family money on a low income  (16:10) Learn the progression of making $10 an hour to 6 figures now  (38:43) Caroline can’t stress the importance of budgeting for this line item enough  (43:26) The non-traditional budget method Caroline uses that worked for her  (54:44) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/caroline Grab your FREE Meaningful Money Kickstarter Guide https://smartmoneymamas.com/meaningful-money-goal-worksheet/

Oct 2020

58 min 13 sec

#075 In today’s episode, I’m talking with Becky Rapinchuk, founder of Clean Mama, who is an expert in simple systems that help you consistently maintain that cozy place between chaotic and spotless. We’re talking all about taking a business from side-hustle to full-time income, how to get your whole family involved in your cleaning routine, and why cleaning just a little bit every day is a game-changer.  (1:49) How Becky transitioned from blogging and working overnights at Target to building her own business  (12;45) Why the Clean Mama routine works for any schedule, life stage, or family size  (20:00) Struggling with clutter? Check out this genius tip!  (30:10) The secret to getting your whole family on board with the cleaning routine  (35:06) The mantra that will keep the mess to a minimum  (38:09) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/becky  Grab your FREE Meal Planning Printables!  https://smartmoneymamas.com/meal-planning-printables/

Oct 2020

41 min 59 sec

#074 In today’s episode, I’m talking with Kate Anderson, co-founder of IFundWomen, a flexible crowdfunding platform for female business owners. Kate is going to share the founding story of IFundWomen, the current funding gaps between male-founded and female-founded businesses, and why it’s so important to invest in women-owned businesses. (7:17) Here’s just one example of how IFund Women supports the unique needs of female business owners (15:53) Learn the elements of a power-packed sales pitch (22:25) Find out what types of businesses iFund Women currently supports (30:32) Discover why it’s so important to invest in women-owned businesses (54:55) Chelsea’s Top Takeaways    Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/kate Free Passion Project Workbook:  https://smartmoneymamas.com/passion-project-workbook 

Oct 2020

58 min 52 sec

#073: In today’s episode, as we honor Domestic Violence Awareness month, I’m diving into a heavy but critical issue for our community to discuss: financial abuse. It may be more difficult to pinpoint than other types of abuse, but it still has life-threatening consequences. We’re talking about how to spot financial abuse, how to find the support you need, and why you’re entitled to a thriving, healthy relationship.  ***Please note that the content in this episode contains emotionally triggering content.   (2:46) Learn the true definition of financial abuse  (5:59) Identify the tactics an abuser uses to convince a victim why they don’t deserve access to their own money  (13:43) Why we have to normalize talking about financial abuse  (26:10) Why you need to talk to a friend before you address an abuser directly  (27:01) The best way you can support a friend you suspect is in a vulnerable position  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/73

Oct 2020

30 min 8 sec