047. Be a Budget Boss

Scarlett McKnight is the founder of ThirtyEight Investing, a blog where she shares her financial journey. She is paying off over $50,000 in graduate student debt and working toward building passive income to achieve financial freedom by the age of 38. Tune in to learn more about the budgeting principles that have helped her along her money adventure.

Be Our Guest!

We are looking forward to our discussion! You should have received some of the guiding questions that we plan to discuss via email. Below includes notes on what to expect for the recording.

Logistics Guide:

We plan to record for about an hour and then we will edit the recording down to the best 20-30 minutes. Once complete we will send an edited version of the episode to you to review along with the publishing schedule and cross promotional information.

Recording Guide:

To ensure best audio quality, we ask that you record your side of the conversation and send us the file afterward (please see guidance below for Mac/PC/smartphone). We will be recording via Zoom and we ask that you please use headphones to limit the background noise.

Choose your most cluttered and softly-furnished room to record in (a closet is actually an option!) and try to keep the recording space as noise free as possible. Close windows, add pillows around your mic, put the baby gates up, whatever you can do to limit the background noise.

If you have an external microphone, please use a pop filter if you have one. If you don’t, speak into the mic at a slight angle (turn it about 45 degrees) to avoid loud pops/plosives. Place external mics a consistent distance from your mouth (5-8 inches).

Instructions for Recording: 

Mac – Use either the Voice Memos app or the QuickTime Player – you can find both using the Finder/Launchpad or download free on the App Store. 

Ensure you’re capturing audio with your external mic by opening ‘System Preferences’ on your Mac, and in ‘Sound’ select your microphone under the ‘Input’ tab. 

In Voice Memos – before recording, open app preferences and change ‘Audio Quality’ to ‘Lossless’.

After the conversation, please save the file and send it to us via email. 

PC – download Audacity and install it on your computer. Open it and you’ll see a blank project. Simply select your external mic from the input drop-down menu in the lower part of the main toolbar and press the record button. You should see a waveform being created as you speak.

After the conversation, go to File > Export and select ‘Export as WAV’. Save the file and send to us via email, or if larger than 10MB (quite likely) please use WeTransfer to send it to us.

Smartphone

It’s best to use your smartphone to record your audio if you don’t have an external mic. Raise your phone to mouth-level on something in front of you (e.g. a box or stack of books) so that the microphone (ie. the bottom of the device) points directly at your mouth and is no more than a few inches away throughout the conversation.

iPhone

Use the Voice Memos app on your iPhone. First, open your iPhone’s settings and scroll down to Voice Memos. Change ‘Audio Quality’ to ‘Lossless’ (for best quality audio). To record, open the Voice Memos app and hit record. 

After the conversation, please send us that file through the ‘Share’ button. If it’s too big for email, hit ‘Share’ and put it in iCloud or Dropbox, then send us the link to that file in the cloud.

Android

On your phone, download the Voice Recorder app. In ‘Settings’, select ‘Recording quality’ and choose the highest value available. Then simply hit the red record button before our conversation. 

After the conversation, please send us the file through the ‘Share’ function within the app, or from your phone’s file system.

Thank you again for joining us for this conversation and feel free to reach out if you have any questions.

046. Failing Forward with Hanneke Antonelli

We invited Hanneke Antonelli on to talk to us about the importance of a money mindset for entrepreneurs. She is an award-winning and certified life coach. An entrepreneur herself, she built two award-winning businesses in less than 5 years. Tune in to learn more about how our money stories impact the way we run our businesses and how we can start to shift our mindset around money.

Hanneke’s new book, The Up Level Project, will be out in March 2021 but for now she is offering a free chapter for our audience to preview. Visit downloadchapter11.com to learn more about authentic leadership!

045. This Girl is on FIRE

Catie is a single graphic designer hustling to retire early by 35. She runs Millennial Money Honey where she shares her adventure to financial independence inspiring others to start their own journey. Catie joins us to talk about FIRE – Financial Independence, Retire Early. She’s sharing tips and tricks that she is using to save money for a work-optional future.

044. Have Money & Use It Too

Bola Sokunbi is a Certified Financial Education Instructor, finance expert, bestselling author, speaker, and founder of Clever Girl Finance, a financial education platform and community for women empowering them to achieve financial wellness and live life on their own terms. In this episode, we talk about her journey navigating the American financial system as a first generation immigrant and how she will pass on these money lessons to the next generation.

043. Retirement 101 with Akilah Watts

According to TransAmerica Center for Retirement Studies, less than 70% of U.S. women are investing money for retirement, compared to 81% of men. Of those who are investing, the median household retirement savings for women is just $23,000 compared to $76,000 among men. On average, women live longer than men and that means they must provide for more years in retirement than their male counterparts. In this episode, we focus on the basics of the most popular retirement options – 401ks and IRAs.

042. Financial Feminists with Amelia Hruby

Money is an issue for women. We have to overcome hurdles like the pay gap, the investing gap, and the pink tax. So why do financial matters tend to be more of a slow burn for feminists? Amelia Hruby is a feminist writer, educator and podcaster here to talk with us about what it means to be a financial feminist.

041. Talking Benefits with Emily Kaufmann

Corporate benefits can tell you a lot about a company’s culture. They can also be confusing! Human Resource generalist, Emily Kaufmann, joins The 411k to talk about all things benefits – negotiating them, making selections, and working with HR professionals to make the most the benefits your company subscribes to.

040. Sponsorship with Joyce Johnson

83% of women report having at least one mentor in their careers, compared to 76% of men. In fact, 21% of women report having four or more mentors, whereas just 15% of men report having that many. HOWEVER men are 46% more likely than women to have a sponsor. WHY IS THAT? In this episode, we explore sponsorship with Joyce Johnson, a speaker, business consultant, sales champion, and 6x author. According to Joyce, it’s all about the PIE – Performance, Image and Exposure.

039. Poor Little Rich Girl Money Missteps

AJ Wolbrum was always the poor little rich girl growing up in Manhattan. In this episode, she shares the missteps and triumphs in her money journey. AJ traveled the world but couldn’t hide from her debts. Now, as a Financial Freedom Coach and the founder of Beyond The Green Coaching. AJ uses a unique method of personal development and strategic financial planning to help clients understand their finances and change their relationship with money.

038. C-Suite Decisions with Kelsey Habich

In this episode, we talk about the tough decisions made in the C-Suite including furloughs, promotions, change management and more. Kelsey Habich is the Chief People Officer managing talent acquisition, human resources, talent management, employee branding, employee programs & initiatives & executive leadership for a technology company in the commercial & government sector.

037. Healthy Financials and Healthy Births

GUEST: OLIVIA FRIEL

Olivia Friel is a mama, birth and postpartum doula, and a holistic pregnancy consultant. She is the founder of Healthy Balanced Birth, a platform for expectant mothers, partners, new parents, and birth professionals. She provides her clients with information about pregnancy, birth, postpartum, and parenthood that is specifically catered to their individual needs. She is also the voice behind the Healthy Balanced Birth and Beyond Podcast – a safe space dedicated to sharing stories and resources about everything within the birth space, specifically topics that are not talked about enough. 

KEY TAKEAWAYS:

Note: These numbers are averages as of August 2020 and vary by state and hospital.

Having a baby in Massachusetts on averages costs:

Vaginal birth with insurance: $7,741.64
Vaginal birth without insurance: $14,549.03

C-section with insurance: $11,012.54
C-section without insurance: $19,879.60

Hospitals generally charge more! On average, hospitals charge $15,000 for vaginal delivery and $30,000 for a c-section!

Home births range from $1,500 to $3,000 paid directly to the midwife.

On average, other expenses including supplies, labs and doula can add on an additional $2,000. An epidural costs on average $2,100.

Prenatal Testing such as ultasounds cost on average $280. CVS testing for abnormalities and chorionic villus sampling can cost $1,300 to $4,800. For high risk pregnancies, amniocentesis can cost $1,000 to $7,200.