EMPOWER yourself with financial expert Rachel Burns
Women in the earlier stages of their financial journey typically don’t have access to the same support and resources as established investors — and this needs to change. This episode is dedicated to equipping women with the expert financial advice they need to feel confident and empowered every step of the way.
Are you a woman who recently is going through or who has already gotten divorced? Or you lost your partner to death? Then this episode is important for you.
How Women Can Abandon Financial Fear of Money After Divorce
In this episode, we dive into the importance of mindset and strategic financial planning, especially for newly single women facing significant life changes like divorce or the death of a spouse. We discuss creating financial plans aligned with personal goals and values, empowering women to take control of their financial futures.
In this episode, we shared actionable tips and expert strategies on how newly single women can regain control of their finances and build a strong foundation for their future. From understanding new financial dynamics to creating effective budgeting plans, we covered it all.
Do you struggle to know what is really fair? Do you shy away from really advocating for what you feel is right? LISTEN in to this very helpful episode where we break down those limiting and harmful beliefs.
In this Podcast, we discussed ways to prepare yourself if you find yourself on your own. We talk about: How spiking interest rates have complicated divorce settlements, especially when dealing with real estate. Creative living arrangements like 'nesting'. How you can always be prepared just by being involved in the finances regularly.
How to Manage Your Finances with Confidence After Divorce
This episode stresses the importance of measuring and assessing risks when contemplating major life transitions while showcasing a pragmatic approach to decision-making. Rachel also touches on key points from her upcoming book, her mindset shift towards caring less about external opinions, and the liberating journey of embracing her own authenticity in both her personal and professional life.
An enlightening conversation with Rachel Burns. Her personal trials lead her to empower women with the tools to take control of their finances. Her journey, from a pregnant mother of twins dealing with her husband's brain tumor diagnosis to a strong entrepreneur, is not just inspiring but also offers a unique perspective on facing life's uncertainties
Navigating Financial Challenges After Divorce: Expert Insights with Rachael Burns
We discussed all these start-again moments, both professionally and personally. Rachael founded True Worth after finding out her husband had brain cancer while she was pregnant with twins. She has turned that resilience into an asset as she advises women how to take the same approach with their finances. Let her expertise be your secret weapon.
Having witnessed friends navigate life's curveballs, like divorce or death, with financial dependence, it struck me just how critical financial security is. Rachel shares valuable insights on the importance of planning ahead, especially when dependents are involved, and the challenges one might face in the process.
Surviving Life's Toughest Moments: Navigating the Financial Aftermath of Divorce or the Loss of a Spouse
In this episode, Paula speaks with Rachael Burns from True Wealth about dealing with the challenges of divorce and the loss of a spouse. Rachael, who specializes in helping women through life transitions, explains how she found her niche after working with large financial firms like Merrill Lynch and Morgan Stanley.
Rachael shares her tips on setting financial goals, and helping parents balance the desire to contribute towards their kids’ education with their own retirement and other long-term financial goals.
Navigating the Financial Side of Divorce with Rachael Burns
Rachael shares her wisdom about the financial implications of getting a divorce and some things women need to keep in mind before entering that phase, especially business owners.
How to Regain Your Financial Independence After Divorce/Death of a Spouse
In this episode, we talked about a subject not many want to discuss or even think about… the death of your partner or loved one. When dealing with grief, finances are the last thing someone wants to consider.
In today's episode, Jeff interviews Rachael Burns of True Worth Financial Planning. Rachael started as a financial manager for a big wealth management firm.
How to take control of day-to-day finances when you’re newly single. The importance of taking stock of your assets. The process of negotiation. And more!
Rachael’s professional and life experience have allowed her to build a practice based on empathy and education, helping women manage money stress to deal with what really matters.
How to take control of day-to-day finances when you’re newly single. The importance of taking stock of your assets. The process of negotiation. And more!
Grief isn't only about death. As Rachael's story illustrates, it's near-death experiences or living while death hangs around waiting to take you out that cause grief, too.
Drawing from their own respective experiences with cancer, Rachael and Lori share resources to help you navigate the financial and practical aspects of a cancer diagnosis.
Have you felt lost when it comes to your finances? Maybe you’ve gone through an unexpected life change, and you have zero experience handling your own finances. If you’ve ever faced anything like this, you’re not alone.
A life and financial transition such as a marriage, divorce, illness or death of a spouse can have a huge impact on our financial planning as women. Learn what you need to do to be prepared financially for life's changes and how you can create a plan that can grow with you.
Have you felt lost when it comes to your finances? Maybe you’ve gone through an unexpected life change, and you have zero experience handling your own finances. If you’ve ever faced anything like this, you’re not alone.
Planning Ahead for Financial Freedom with Rachael Burns
In this episode, Rachael will discuss why we need professional help when tackling financial planning, the importance of divorce planning and common mistakes those going through a divorce make, and why estate planning is for everyone, not only wealthy people.
When you find yourself suddenly single, it can be a difficult time for you and your kids. Rachael Burns reminds us to keep a level head when it comes to our finances.
Don't wait until after your divorce is finalized to start thinking about your financial future. In this episode, I share my top financial tips for women in the midst of a divorce, as well as the top mistakes to avoid.
Being newly single - or contemplating divorce - can be a scary place financially. Whether you are single again by choice or by surprise or you're contemplating a move, Rachael's wisdom is a must!
In this episode, Rachael will discuss why we need professional help when tackling financial planning, the importance of divorce planning and common mistakes those going through a divorce make, and why estate planning is for everyone, not only wealthy people.
Achieve financial independence after a life trauma transition with elite guest, Rachael Burns, CFP & CDFA, on the Going Solo with Cece Show with Host, Cece Shatz, doyenne of Relationships.
Parents usually give their kids money because they want them to learn how to manage money on their own. Today we are going to talk about why Moneypants is the best tool to prepare your children to handle money responsibly in the real world.
Tackling common personal finance challenges for women after college, like paying student debts, workplace discrimination and the gender pay gap, entails advocating for oneself and building a strong financial foundation.
SOURCE: MONEYGEEK 11/27/24
Women’s Guide to Making Financial Moves After College
Getting a divorce can be a challenging experience, affecting a person emotionally and financially. It also requires a couple to make various decisions, including property management and distribution. Divorcing couples still paying off their mortgage must decide what to do with their marital home. There are multiple options, but the best choice will depend on a couple’s unique situation. Learn how to navigate a mortgage during a divorce, the options you can choose from, the factors to consider and tips to secure your homeownership rights
Divorces involve settling a wide range of issues – including the division of assets and debts, and in some cases the assignment of alimony or spousal support. While the proceedings can be lengthy, it's important to advocate for yourself throughout the process because the decisions are binding. If you're not sure about the best course of action before, during and after a divorce, read on for advice from financial experts.
SOURCE: U.S. News 05/24/24
Financial Steps to Take Before, During and After a Divorce
3 in 5 Americans don't know what they spent last month, and 18% of workers with salaries greater than $100,000 are living paycheck to paycheck. By setting a budget, you will not only keep on top of your spending and see opportunities for savings, but you will also enjoy greater financial freedom by making a plan and sticking to it. It’s an important step in your financial plan, and with the help of this guide, it can be an easy one.
Both life insurance and a 401(k) plan can help you prepare your finances for the future. But which is best for retirement, and which is best for estate planning?
SOURCE: MONEYGEEK 01/17/24
401(k) vs. Life Insurance: Which Is Better for Retirement?
Hanging by a financial thread is more common than you think — and not just for low-income earners. According to a new survey by GOBankingRates, of 1,039 Americans aged 18 and older, 49.18% of respondents of all ages and genders said they are living paycheck to paycheck. The holidays make this especially tough as the pressure to buy gifts and host parties mounts.
SOURCE: nasdaq 12/06/23
How To Financially Survive the Holidays When You Live Paycheck to PaycheckThe Social Security Guide
Saving for retirement is a challenging task. You’re funding your future while paying for your present. Throw in inflation and possibly unexpected expenses, such as caring for ailing parents or losing a job, and retirement planning can be stressful.
But that’s why you should start planning for your retirement as early as possible because you’ll need time — and information. In other words, what you need is our guide to retirement planning.
Knowing when to take Social Security just might be the most important decision you'll make in retirement. Claim benefits early and you and your spouse will face a steep and permanent cut in monthly income. Waiting until later, however, and you'll collect a payout that's as much as 50 percent higher. The more you know about Social Security, the more likely you'll be able to maximize the benefits you've earned over a lifetime of working.
SOURCE: moneygeek 10/18/23
Getting the most from the benefits you've earned The Social Security Guide
They are often considered the preserve of the ultra-rich and famous.
Yet pre-nuptial agreements are becoming increasingly popular with couples of every income level: a 2022 study by market research firm Harris Poll found 15 percent of engaged respondents had signed one, up from 3 percent in 2010.
SOURCE: dailymail 9/11/23
Financial planner explains why every couple should consider a pre-nup
Certified financial planner Rachael Burns says that although circumstances vary, anyone without dependents over that income threshold should be contributing the full amount to guarantee a good quality of life in retirement.
SOURCE: dailymail 8/30/23
The salary you should be earning to start maxing out your 401(K)
It is well known that finance troubles frequently lead to divorce, but less discussed is just how much financial trouble divorce can create. For one, it can wreak havoc on your retirement savings and overall financial way of life.
The best life insurance companies of 2023 are State Farm, Globe Life, Nationwide, MassMutual, Northwestern Mutual, Mutual of Omaha and Prudential., according to MoneyGeek's analysis. If you're looking for life insurance coverage that suits your budget and needs, these top life insurance companies can provide just that. We evaluated dozens of life insurance companies and their policy offerings so you don’t have to.
After a divorce, you might need to buy life insurance or update your existing policy. This could include changing your beneficiary or cashing out a permanent life policy to divide up the cash value with your ex-spouse.
SOURCE: moneygeek 7/15/23
Life Insurance After a Divorce: Everything You Need to Know
At every age in a woman’s life, women should feel empowered to ask and answer essential money questions. The answers to these questions will better determine if women are on track to meet various financial goals and ensure they are able to keep themselves in good financial health no matter their age.
SOURCE: Yahoo 2/28/23
17 Essential Money Questions Women Should Ask at Every Age
If you’re heading into retirement, the last thing you want to worry about is how you’ll continue to make money. Generating income without working can be complicated for older adults, but it’s not impossible. It’s essential to understand your options and be aware of potential scams.
SOURCE: moneygeek 3/14/23
Older Adults' Guide to Income Streams and Money Management in Retirement
This past year’s battle with inflation had a lot of people looking to platforms like Twitter and TikTok for information on finance. Online finance experts are flocking to social media to provide advice for the growing demand, but has TikTok really changed how users handle their money?
SOURCE: Yahoo 1/6/23
Millennials & Zoomers: Is Social Media Increasing Financial Awareness?
Going through a divorce can be a major transition both personally and financially. Although the act of getting a divorce doesn’t directly affect your credit score, it can change your financial obligations and in turn, can affect your credit.
SOURCE: Gobankingrates 12/28/22
How To Prevent Your Divorce From Ruining Your Credit
Itching to get out of the 9-5 workforce and spend more time with your kids? I share why you cannot risk quitting your career, especially since economists believe a U.S. recession is around the corner.
SOURCE: wealthysinglemommy 2/20/20
Stay at home moms need money: How to afford being a stay at home mom
Life insurance can be a good investment, as it provides financial protection for your loved ones after you die. However, it is essential to shop around and find the best life insurance rates before purchasing a policy.
Many people promise their partners to love and to cherish one another for richer or for poorer. Yet many skip the financial part of the vows and avoid talking about money, leading to trouble in the relationship.
Life insurance can be a good investment, as it provides financial protection for your loved ones after you die. However, it is essential to shop around and find the best life insurance rates before purchasing a policy.
The steps you take in your 20s can set you on a path toward financial security for the rest of your life. In this article, I share my top tips for achieving financial security by age 30.
SOURCE: gobankingrates 8/31/22
4 Expert Tips for Achieving Financial Security by 30
If you’re expecting twins, triplets, or even higher multiple births, you may be wondering how you’ll be able to afford it all. Knowing how to financially prepare can make welcoming multiple babies less stressful.
With grocery prices rising due to inflation, it's getting harder and harder to make a trip to the supermarket without getting frustrated. In this article, I contribute some tips to stretch your dollar at the grocery store.
Many Americans are taking early retirement into their own hands by joining the FIRE movement, but it’s not for everyone. In this article, I share some tips on achieving FIRE as well as some limitations of the movement.
SOURCE: nerdwallet 6/24/22
FIRE Movement- Financially Independent, Retire Early
When you’re just starting out, it can be hard enough to pay your regular bills, especially if you’re juggling rising rent and student loan payments on a starting salary. But you can actually start saving toward bigger goals, too, such as traveling, buying a house and retirement
SOURCE: gobankingrates 6/28/22
Gen Z: You Can Save For Travel, a House and Retirement - Here’s How
Disability insurance protects your paycheck in the event that you are unable to work due to illness or injury. But if you’re a generally healthy person, you may feel like you don’t need it. In this article, I share my reasons why I believe all women should have disability insurance.
SOURCE: gobankingrates 6/21/22
Here’s Why All Women Should Consider Getting Disability Insurance
As you deep clean your home, there’s another area that likely needs sprucing up: your personal finances. In this article, I give some tips to streamline and optimize your finances.
Raising kids is expensive — but is it twice as expensive with twins and three times as expensive with triplets? In this article, I talk about how budgeting for multiples differs from budgeting for a single child, the extra expenses parents of multiples should be prepared for and smart ways to save on these costs.
Losing a partner is a devastating experience. When you’re caught up in emotional turmoil, the last thing you’re likely thinking about is the financial moves you now need to make. But from a financial planning perspective, there are certain actions you should take ASAP.
SOURCE: aol 3/29/22
5 Things You Need To Do Immediately After the Loss of a Partner
Going through a divorce can be a major transition both personally and financially. Although the act of getting a divorce doesn’t directly affect your credit score, it can change your financial obligations and in turn, can affect your credit.
SOURCE: gobankingrates 3/25/22
How to Prevent Your Divorce From Ruining Your Credit
Following the loss of a partner, your finances are likely a low priority, so it's easy to make some money missteps during this time. In this "Financially Savvy Female" column, we chat about the common mistakes women make after losing a partner, and what they should do instead.
SOURCE: GO BANKING RATES 3/16/23
16 Budgeting Tips Every Single Woman Needs to Know
While everyone should have retirement savings and build a nest egg, women in particular need to have more. However, women typically have less saved for retirement and face unique financial challenges affecting their ability to save and invest for the future.
SOURCE: business insider 3/11/22
5 Reasons Women Face Roadblocks to Retirement and Need to Save More
Current estimates state that a family with twins should plan to shell out nearly $26,000 per year—but that's not entirely accurate. Still, it's a great motivator to set—and maintain—a family budget.
Following the loss of a partner, your finances are likely a low priority, so it's easy to make some money missteps during this time. In this "Financially Savvy Female" column, we chat about the common mistakes women make after losing a partner, and what they should do instead.
SOURCE: GO BANKING RATES 01/31/22
Avoid These 4 Financial Mistakes Following the Loss of a Partner
For some women, getting divorced may mean starting from scratch financially. But no matter where you are starting from, it’s possible to gain your financial independence. In today’s “Financially Savvy Female” column, we chat about the actionable steps women can take to achieve financial independence following a divorce.
SOURCE: GO BANKING RATES 03/01/22
How To Achieve Financial Independence After a Divorce
Planning for retirement is an inevitability we all have to face sooner than later. Read on and follow these timely tips, from top financial leaders, to prepare for the stress-free senior lifestyle of your dreams.
Going through a divorce can be a major transition both personally and financially. Although the act of getting a divorce doesn’t directly affect your credit score, it can change your financial obligations and in turn, can affect your credit.
SOURCE: GO BANKING RATES 12/28/22
How to Prevent Your Divorce From Ruining Your Credit
A new baby is exciting, delightful, tiring, and challenging all at the same time. A new baby also marks a major financial transition, especially if it’s your first. A family presents new challenges in both the short and the long term. These financial tips for new parents should give you a head start.
Hearing you or a loved one has a life changing medical condition is world-changing, including your financial picture. Here’s how to prepare your finances for a life-altering medical diagnosis.
SOURCE: POLICY GENIUS 09/23/21
Financially Preparing for a Life Altering Medical Diagnosis
Dealing with the loss of a loved one can be difficult. And, in many cases, having to deal with their financial affairs can make it even harder. It's for that reason that many financial experts and lawyers recommend people get their finances in order before it's too late.
SOURCE: CNN BUSINESS 08/23/21
How to Handle Finances After the Death of a Loved One
Whether or not you believe in karma, when you treat your money and others' with respect and integrity, it will put you in good stead for the future. Here's how to fix your financial faux pas.