Confident Money Katelyn Magnuson

Welcome back! I had intended to only take a week off between seasons, but I realized that I had placed too many expectations on myself. That’s what I’m going to talk about in this episode.
As businessowners especially we tend to set high intentions for ourselves. There’s a time and place for that, like tax season in my business, but there also need to be seasons of rest. 
Where have you been placing unrealistic expectations on yourself? Are you allowing yourself to rest? 
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production
Mentioned in this episode:
null
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Join Our Community

During this little mini-season I’m talking about topics that have impacted me personally. Today’s topic is a tough one: setting boundaries.
If you’re not used to setting boundaries, it may be difficult to do and enforce. You may set one too far one way and have to back it off because it’s not sustainable. It’s okay for boundaries to shift depending on what season of life and work you’re in. 
Realistic boundaries can look like setting your client work days, turning off your phone overnight, using your paid vacation time and not letting yourself work while you’re off, or it may even look like changing jobs when the company you work for doesn’t respect your time. 
It’s okay, and necessary, to set healthy boundaries for your life and for your business.
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production

Most things in life move in seasons. For me, that includes my business and work/life balance. In this episode, I’ll talk about the seasonality of my business, the way I’m feeling right now, and how my life balance shifts with the seasons.
I have built my business so that there’s a busy season, a rest season, and gearing up, and during some months we work more than others. I’ve tracked my cycles so that I do my creative work during certain weeks and keep my client calls during the other weeks. I allow my team to shift responsibilities as our work evolves, and I encourage them to make sure they’re resting and taking their vacation time.
Where are you noticing cyclical or seasonal changes in your life or business? How are you implementing changes within those?
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production

Today we’re going to discuss recession, what it is, and what to do during one. Spending is down, the stock market isn’t performing, inflation is out of control, interest rates are higher than we’ve seen since 1994, and we feel the effects everywhere in the economy and not just in the US. 
It comes down to how we’re each living our lives financially. Do we have enough built up in our savings? Can we decrease spending on wants so that needs can be met?
Some common things that happen during a recession are:
Inflation goes upConsumer spending goes downHiring slows down and may even freezeMany people decide to go back to schoolUnemployment goes up
In 2008, when the housing market crashed housing prices massively decreased. It doesn’t look like that will happen this time. We have already been through a global pandemic which has changed the economic situation dramatically, so many of us are still trying to recover from that. Only time will tell what happens from here.
My guest Brock is our tax strategist here at The Freelance CFO. Join us next week for part 2 where we’ll walk you through some anxiety reducing measures to help you through this difficult time.
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production

Following up from last week’s discussion about recession and what it is, I’m back with Brock to talk about some strategies we can use right now to prepare.
Millionaires can be made during recessions. Opportunities abound for those who are able to take advantage of them.
There’s a few things we recommend:
Have 3 months of minimum monthly expenses saved upDon’t bail out on your investments, but don’t check them all the time eitherMake business decisions logically, not just emotionallyDon’t react to the panic!Invest in some technology to save you costs later
Finances can be scary to look at, but it’s especially important right now. We have 2 opportunities available to you to help!
Free 5-day Get Your Money Right Challenge: https://thefreelancecfo.kartra.com/page/GetYourMoneyRightChallenge
Brock's strategy session: https://thefreelancecfo.biz/consult-calls
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Join our community at confidentmoneypodcast.com where we’ll share tips and resources, and you can suggest topics for future episodes.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production

Today, we’re going to dive into student loans, the moratorium, and types of debt. Student loans, although they are considered a “responsible” debt, can still seem crippling.
Here are some things to consider concerning student loans:
If your loans aren’t federal, then the moratorium on interest and collections does not apply.If you refinance or consolidate your federal loans, the moratorium won’t apply.If you continue to make payments through the moratorium, there will be less principal to charge interest on when interest does kick back in.
If you’re considering college right now, get in touch with alumni, people in the field you want to work in, and the financial aid department at a local community college before enrolling. Make sure that it makes sense for your goals and your situation. More schooling doesn’t automatically mean more pay.
We’ve been gifted some flexible time to revamp how we want to prioritize our debts, so do your research and understand that the college-to-career path isn’t the only valid path.
We cover ALL of this in the “Get Your Finance Sh*t Together” self-study course at confidentmoneypodcast.com!
Now Open: Money Mavens group coaching program! There’s a special prize for anyone who signs up in the first week at confidentmoneypodcast.com.
Enter to win a free strategy session with me!  Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each month. 
FTC/Affiliate Disclaimer: By using some of these links, at no extra cost to you, I may earn a small commission or referral fee, which helps me continue to produce content like this, support my business, and my team.
DISCLAIMER: I am not a financial advisor and this is not financial advice. My podcast is for educational purposes and is my personal opinion only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary.
Music credit: Neon Fairies by Wolves 
A Podcast Launch Bestie production