Women's Money Wisdom

If you feel the urge to pull money out of the market in times of short term volatility, you need to listen to Melissa Fradenburg, Financial Advisor, explain the concept of buying the dips. In this episode, she will explain how the concept works, as well as why buying the dip does not guarantee getting in at market lows. When company valuations are substantially lower than they were just weeks ago,...

If you feel as though you should be paid more for your work (and want to do something about it), you have only two choices: ask for a raise or find another job that offers higher pay. Of course, if you enjoy the work you’re currently doing, the easier option would be to ask for a raise. But how can you ensure you are asking in the right way? In this episode, Melissa will be sharing everything you...

In this episode, Melissa Fradenburg is joined by the Ladies in Law®, founders of a boutique law firm in downtown Detroit. They specialize in legacy planning – the process of arranging for the preservation, management and distribution of assets in the event of an individual’s incapacitation or death. Ladies in Law® make quality legacy planning accessible. These two women are from diverse and unique...

Tyler Olson is a Financial Planner for Medical Professionals and their families as they transition out of their training, as well as a business and investment educator. He is the host of the Money Mediator Podcast and the owner of Olson Consulting LLC. Tyler joins the show today to discuss how to evaluate a decision to take on debt, whether this is student loans or another important but overwhelmi...

Unexpected things happen all the time in life. Sickness, major home repairs, other unforeseen circumstances—any of these can be costly if not prepared for properly. The purpose of an emergency reserve is to improve financial security by creating a safety net that can be used to meet this kind of unanticipated expense. So, in this episode, get ready to dive deep into this topic and learn what there...

Purchasing a home can be stressful and intimidating—especially if you are applying for a mortgage. When you understand the process and industry terminology, you can make better home buying decisions. In this episode, Jill Byrne NMLS 1422390 and Laura Peters NMLS 1540447, with Hill Mortgage ,  explain some of the common mistakes buyers make and break down the process in this must listen episode.  Y...

Melissa Joy, CFP ® and Melissa Fradenburg celebrate 100 episodes and reflect on their podcasting journey together. Learn about exciting changes to the podcast and what they hope to share with their growing audience in season 3. In this episode, both Melissa(s) share their knowledge on the topic of investing, specifically how to stay calm in times of market volatility.    Resources: ·             ...

Our guest today is always willing to roll up her sleeves and dive into the numbers as a seasoned investment professional. Amanda Piper, CFA® Charterholder and CEP®, is a partner at Wagener-Lee, LLC, where she helps people make investment decisions. In this episode, she joins the show to share her knowledge on the topic of investing, specifically active and passive investing. Resources: · Learn mor...

In this episode, Melissa Fradenburg discusses one of the most common things holding people back in their financial lives: procrastination. Do you have credit card debt you have been ignoring? Have you been meaning to start or increase your contributions to a company retirement plan? Do you have an account somewhere but not sure how it is currently invested or how to access statements? Melissa shar...

In this episode Melissa Joy, CFP ® discusses what you should do to start the year off financially strong. Need to kick-start your financial New Year’s resolutions? This episode can help you get moving on the important things you may have been putting off. Melissa will help you break it down into manageable steps.  You will learn: ·       Have your goals or circumstances changed & does this cha...

In this episode Melissa Joy, CFP, ® discusses what you should do in these last few days of 2021 to get your financial year wrapped up. She shares valuable insight on things we should review in retirement planning, money mindset, and investing before we ring in the new year. You will learn: ·       What contributions need to be in for 2021 by December 31st? ·       What are some things to consider...

In this episode Melissa Joy, CFP, ® and Kristie Kindstrom, founder of Your Honeycomb Inc ., discuss ways to plan for aging and leaving a legacy. As a longevity planning expert with more than 30 years of experience in the financial services industry, Kristie Kindstrom helps families create a longevity plan by categorizing all facets of a person’s life, from assets, digital estate, daily life, healt...

In this episode, Melissa Fradenburg, Financial Advisor, and Ashley Mont, discuss smart financial moves that can help millennials (and future generations) build wealth. Ashley, a biomedical engineer, is the founder & CIO of a technology start up and a financially savvy millennial.  Ashley shares some tips that helped her to lay a solid financial groundwork  as well as mistakes she has witnessed...

In this episode, Melissa Fradenburg, Financial Advisor, shares tips to keep your holiday spending under control. Whether you put all your seasonal shopping on credit cards or save up months in advance, you should have an overall budget number in mind.  The bonus to planning is you can lower financial anxiety and increase personal enjoyment in this hectic season. You will learn: ·       Why making...

In this special #GIVINGTUESDAY episode, Melissa Joy, CFP® and Alexa Kane, CFP® discuss ways to give back this holiday season (and throughout the year).  They will address how a Donor Advised Fund can assist with appreciated stock or bundled gift strategies as well as how to take advantage of your charitable deduction and bundle gifts to get itemized deductions in periodic years. We will learn: · ...

In this special Thanksgiving week episode, Melissa Joy, CFP® and nutrition coach Liza Baker discuss the secrets to successfully transform habits when it comes to your health and wealth this holiday season (and throughout the year). As a health coach and employee wellness consultant, Liza focuses on employee wellness programs or 1:1 and group programs for individuals. Liza and Melissa discuss the s...

In this episode Melissa Fradenburg, and Hannah Near, CFP, ® CPA discuss what you can do in the last 5 weeks of the year to get your finances in order. We all know how chaotic this time of year can become with the holiday season approaching. Hannah shares valuable insight on things we should review in retirement planning, employee benefits, gifting and taxation before we ring in the new year. You w...

In this episode, Melissa Fradenburg and Lynn Walsh, discuss ways to communicate better on money differences as well as touch on what could be controlling behavior around money or constitute financial abuse. Lynn Walsh, MS, LLP, holds a Master of Science in clinical psychology and has a private practice in Grosse Pointe, Michigan. With her focus in supportive self-esteem and assertiveness, building...

Episode 88: Mortgage Options in Retirement with Nathan Steiner In this episode, Melissa Fradenburg and Nathan Steiner, NMLS #771054, discuss what mortgage options you may have available in retirement. Whether you are looking to downsize or purchase a vacation home, mortgage options may be available even if you do not have employment income. Nathan has over 20 years lending experience and understan...

In this episode Melissa Fradenburg and her daughter Jackie discuss ways to talk with your kids about money. Jackie will share how she learned about money and why she is a good saver. Melissa will ask Jackie a series of questions that can help parents have meaningful conversations about money as well as instill good money behavior at a young age.  You will learn: Why asking your kids about their fi...

In this episode Melissa Joy, CFP, ® and Ann Garcia, CFP®, a financial advisor and author of the popular College Financial Lady blog , discuss the FAFSA form and strategies to maximize financial aid and merit scholarships, find out how to qualify for tax credits and other benefits. If you have a student applying for college this is a must listen episode to help plan financially. You will learn:   ...

Melissa Joy, CFP® is joined by Sharee Burkel, the owner of the QDRO Company, LLC, a CERTIFIED FINANCIAL PLANNER™ practitioner, Certified Divorce Financial Analyst (CDFA®), and Certified QDRO Specialist™. In this episode they discuss Qualified Domestic Relation Order (aka QDRO) in simple and easy to understand terms. If you need to divide retirement assets in divorce, you may need a QDRO. We explai...

In this episode, Melissa Joy CDFA® is joined by attorney Peter Bissett, PLC to discuss spousal support. Peter works both in litigation and collaborative law practice, and focuses solely on divorce, custody, and parenting time proceedings. In this episode, Melissa and Peter address the many variables that go into determining spousal support in the divorce process.  You will learn: ·       Even in a...

In this episode Melissa Fradenburg and Hannah Near, CFP, ® CPA, discuss the recently proposed tax legislation. With her master’s in accounting and experience in financial planning, Hannah offers valuable insight on how the proposed tax changes may affect various aspects of your financial picture. We will discuss potential changes to estate planning, retirement planning and business tax filing stat...

In this episode Melissa Joy, CFP® and Adam Wadie, HR consultant with Advanced Insurance discuss what you need to know about open enrollment and what various benefit options mean for you as far as coverage and cost. Adam specializes in complex enrollments and is always looking to simplify the enrollment process.  You will learn: ·         What are the differences between an HMO and a PPO? ·       ...