Money Myth: As a stay-at-home parent, I’m financially protected once I’m married.

November 14, 2018

Lisa Zeiderman, Managing Partner, Miller Zeiderman & Wiederkehr, LLP

Lisa and Kathleen delve into the myth that as a stay-at-home parent, you don’t have to worry about finances. Getting married can offer many benefits, including financial ones. It can also bring some devastating financial consequences. Couples who don’t talk about money before they get married might find themselves in a situation where they feel they are shouldering more of the financial burden than their partner. Having these hard conversations before getting married sets financial expectations from the beginning, helps build trust, and reduces financial conflict. 

Key Take-Aways: 

  1. Believe and understand marriage is a financial partnership. Once you understand your marriage is a financial partnership, each partner has the ability to negotiate a better outcome for themselves, if things start to fall apart. Negotiations can be done before or during marriage with pre- or post-nuptials. Honesty and understanding finances actually build a stronger relationship. 
  1. Understand your finances and budget. If you are in the process of getting a divorce, it’s important to understand your finances. This includes expenses and all sources of income – salaries, child support, alimony, etc. Once you know this information, you will know what your expenses are and how much income you will need to meet those expenses. 
  1. Identify all of your assets. Another important step in the divorce process is to identify your assets. This can be harder to do if you aren’t involved in financial decisions. Working with professionals can ease the difficulty in locating assets – both personal and business for either stay-at-home moms or dads to help them understand what their whole financial picture actually is. 


Lisa Zeiderman, a Managing Partner of the law firm of Miller Zeiderman & Wiederkehr, LLP, is both a matrimonial attorney, a Certified Divorce Financial Analyst and a Certified Financial Litigator. It was during her own divorce that Lisa’s path to a career in matrimonial law was forged. Lisa, a businesswoman in the fashion industry, was dismayed at being a bystander in court as complex issues relating to her finances were contested by a disorganized attorney. It was then she decided that she would go to law school herself and help clients navigate the stressful, and sometimes traumatic, process of divorce by becoming a responsive attorney who would protect her clients’ assets as though they were her own hard-earned dollars. Lisa can be reached at for more information about her firm’s services.


Money Myth: Single women can’t be financially successful.

October 3, 2018

Jacqueline Porter, CFP®, Carte Wealth Management

In our society, women still are expected to get married as a way of securing their financial future. However, the modern day woman is often putting off marriage until her career is established or forgoing walking down the aisle altogether. In this episode, Jackie Porter talks with Kathleen about how the myth that single women can’t be financially successful without a man hurts her clients and why she has dedicated her career to empowering women to be money smart. 

Key Take-Aways: 

  1. Women should invest time to learn more about money and investing. You may know you should be more actively involved in your financial life, but not take action. Listen to Jackie highlight the real financial implications of not proactively managing your money – whether single or married. 
  1. If you are in a committed relationship, it is vital to break money silence with your partner. Ideally, talk about money with your partner before you walk down the aisle. Discuss how each of you will stay involved in the money decisions, and what would happen should you decide to split. It may not sound romantic but discussing finances with your partner can increase intimacy. Listen and find out how. 
  1. Learning more about finance can be fun! Jackie offers a great event for clients that includes a night out at the theatre. Find out more about how you can combine entertaining activities with financial lessons. 


Jackie Porter is an award-winning financial planner and for 18 years serving thousands of families, established businesses, and professionals in the Greater Toronto Area. She is the co-author Single by Choice or Chance, the smart woman’s guide to living longer, better. As one of Canada’s most recognized financial planners, her advice has been featured in top financial publications such as Forum, Wealth Professional, Investment Executive, and The Globe & Mail.

New Website with Educational Resources: Jackie is excited to announce the launch of her new website – Ask Jackie ( Visitors are invited to return again and again to benefit from resources for people in life transitions such as divorce and sudden unemployment, and single women who want to improve their financial IQ.

Breaking Money Silence® Podcast was recorded at Sugarhouse Soundworks, LLC

Disclosure: Please note that the links above may be affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase after clicking through the link.


Myth: You have to earn a ton of money to pay off debt

July 11, 2018

Katie Welsh, Chain of Wealth Co-Founder

Listen to this episode and hear Katie tell her story about breaking money silence with her boyfriend and discovering she was $200,000 in debt. She is real life proof that you don’t have to earn a ton of money to pay off debt; you just need a plan and a healthy dose of determination. 

Key Take Aways: 

  1. Create a financial plan. Katie was a good saver, but she didn’t understand the value of a holistic financial plan that included balancing her short-term financial needs with her long-term financial goals. Her boyfriend, Denis, showed her how to plan and now she swears by this strategy.
  2. Track your spending. As boring or intimidating as that sounds, Katie learned that being mindful of where your money is going is the key to living a financially responsible life. She discovered that being less wasteful in the kitchen could actually save her tons of money each month.
  3. Take small steps and celebrate milestones. Katie found that thinking about paying off her total debt was overwhelming, so she decided to focus on small goals each month. When she hit a milestone in terms of paying down debt, she celebrated. Doing so reenergized her and helped her take the next small step and now she is almost debt free!


Katie Welsh is the co-founder of Chain of Wealth. Originally an elementary school teacher from Tampa, she thought she had her financial life together because she had a stable job, owned a home, and had an emergency fund. But then she moved to Virginia to live with her boyfriend, Denis, and things changed when he asked Katie about all her bills. Together they created a spreadsheet and Katie realized she was $200,000 in debt at 29 years old with no job. Fast forward a year and Katie has paid off over $175,000 of debt and is freelance writing to pay the remaining $25,000 off.

Special Announcement: Discount on “Hosting Your Pad” Course. Learn how to earn money using short-term rentals and apps like Airbnb. BMS listeners get a special rate of $99 when they use this CHAINOFWEALTH when registering.


Myth: There is no connection between your health and your wealth

May 23, 2018

Komal Minhas, KoMedia, Founder and Dream, Girl Producer and Co-Founder

One of the greatest causes of stress for people can be money. A vicious cycle can occur – money issues cause stress, stress can lead to serious health issues, and health issues can result in more financial struggles. In this episode, Kathleen interviews Komal Minhas about how through personal experience she learned the importance of self-care, and that health and wealth are truly connected.

Take aways:

  1. Work addiction is a problem that can cause serious illness and even death. While it is important to work hard, it is vital to pace yourself and learn to take care of your mental, physical, and spiritual well-being.
  2. Self-care involves more than going for a massage or getting a manicure. It includes being mindful and deciding what steps you need to take to be the healthiest person you can be.
  3. Financial health is an important part of self-care. If you avoid finances, take a look at what is the underlying reason, and then make a plan to address it. Because the only way to be truly wealthy is to be healthy!

Komal Minhas is an Indo-Canadian entrepreneur, content creator, and investor. She’s the founder of KoMedia, a media production and investment company that focuses on telling women’s stories worldwide. In 2014, Komal became producer and co-founder of Dream, Girl, a documentary that tells the stories of ambitious female entrepreneurs. In May 2016, Dream, Girl premiered at the White House as part of the United State of Women Summit, and shortly after Komal was named one of Oprah’s Super Soul 100, a list featuring extraordinary individuals who live life intentionally. These days, Komal spends her time speaking, writing, and creating inspiring content with her team in Ottawa, Canada.

Special Offer: Check out Komal’s new series of articles that explore real, sustainable, lasting self-care on Instagram @Komalminhas.


Myth: Men should manage the money.

October 25, 2017

Stacy Francis, CFP®, CDFA®, CES™, Francis Financial 

The myth that men should manage the money is one that many women succumb to when they get married. This includes women who for years managed their own money during college and at the beginning of a career. However, approximately 80% of women will end up having to manage their money without a partner at some point in their life due to divorce or the death of a spouse. Stacy and Kathleen investigate this myth and how it can severely disadvantage women throughout their lives.

Take Aways:

  1. The upside. There is an upside to men always managing the money. In the short run, some women who are intimidated by finances or who don’t feel they have the time to devote to money management get relief from this responsibility. Eventually, the upside diminishes and can create a real problem for women after a divorce, or the death of their partner. 
  1. Try a money date. A great way to get more comfortable with money is to have a date night to talk about finances in a non-threatening and engaging way. Listen and learn how Stacy and her husband have gotten creative with their money dates so everyone gets their needs met. 
  1. Use apps. It is important for each person to fully understand where the money is going. Using finance tools like is a great way to integrate spending with education about where your money is going. It is an easy online system that connects with your bank accounts, tracks your spending, and even categorizes them for you. 


Stacy Francis, CFP®, CDFA®, CES™ 

Stacy is the President and CEO of Francis Financial, which she founded 15 years ago. She is a Certified Financial Planner® (CFP®), Certified Divorce Financial Analyst® (CDFA®) and a Certified Estate and Trust Specialist (CES™). She is also the founder of Savvy Ladies™, a nonprofit that has provided free personal finance education and resources to over 15,000 women. 

Stacy has received numerous awards including Investment News Top 20 Women to Watch in the United States, Financial Planning Association’s Heart of Financial Planning Award and Financial Planning Magazine's Pro Bono Award. She was also listed as a National Money Hero by CNN Money Magazine and received the Women’s Choice Award for one of the best financial advisors for women. 

She is a nationally-recognized financial expert as an active member of CNBC’s Digital Financial Advisor Council, the Forbes Finance Council, as well as an expert contributor for The Wall Street Journal. She has appeared in over 100 media outlets including CNBC, CNN, Good Morning America, Investment News, Money Magazine, NBC, The New York Times, and USA Today. 

Special Offer:

Stacy recently released her own podcast. Every other Tuesday, tune in to Financially Ever After with Stacy Francis. Download Unveiling the Unspoken Truth, The Financial Challenges Women Face During and After Divorce.




Myth: I don’t need to worry about money, some day my prince will come.

July 5, 2017

Women can have a love/hate relationship with money. Even in today’s society, some women feel they are not going to be attractive to a mate if they are financially put together. Barbara Stanny and Kathleen delve into the notion that women are still waiting for Prince Charming to rescue them financially instead of empowering themselves to learn about investments and money management. Listen in as they discuss the importance of busting this myth wide open so that women of all ages can be more financially intelligent and set a good example for the next generation.

Take Aways:

Barbara explains that getting smart about money involves a three-pronged process – the outer work (education), the inner work (money mindsets), and the higher work (your life purpose).

You need to take small steps consistently and you will see remarkable results.

Money doesn’t come from what you earn, it comes from what you do with what you earn. (Click to Tweet)]

 Barbara Stanny is the best-selling author of Prince Charming Isn't Coming, Secrets of Six-Figure Women, and Overcoming Underearning®.  She has been teaching women how to take charge of their money and take charge of their lives for 20 plus years. An experienced mentor, wealth coach, and sought-after speaker, Barbara can help you create the wealth you desire and the life you deserve. 

Special Offer:

Free e-book "So You've Made Good Money...Now What?"


Myth: A Man is a Plan.

June 7, 2017

Paula Harris, Co-Founder, WH Cornerstone Investments 

A man is a plan is a myth many women, unfortunately, use to avoid dealing with their finances. In this podcast, listen to Kathleen interview Paula about how to break this myth down so you can start to make simple decisions every day to reach financial security. 

Listen in and discover: 

  • Why it is important to take care of yourself financially and not wait until you are married to let your partner do it for you.
  • How to practice the “set it and forget” method of saving.
  • Ways to set realistic financial goals.
  • Why delaying gratification today is part of any sound financial plan.
  • How a certified financial planner can help.  

WH Cornerstone’s co-founder, Paula Harris is part financial therapist and part dream architect. She takes great pride in helping her clients, particularly women, obtain financial peace of mind and independence. In addition to her role as co-founder, Paula is very actively involved in the community. In the past, she has served on several boards including serving as the Past President of the Plymouth Philharmonic Orchestra and the 2012 Chairman of the Board for the South Shore Chamber of Commerce. She currently is an advisory board member of empowerHER.

Paula is a graduate of Providence College and now lives in Plymouth, MA and the Berkshires with her husband and co-founder, Bill Harris.

To sign up for the Breaking Money Silence Podcast, click here.




Myth: Women Entrepreneurs aren’t interested in growing their business.

June 15, 2016

Women business owners are diverse as they don't all think, act, and plan the same way. The majority do want to grow their businesses, but what motivates them to do so can be different than what motivates their male counterparts. Listen to today's episode as Kathleen and Sherri talk about women entrepreneurs, how they view risk and business growth differently, and discover tips for more successfully working with this segment of clients. Hint: Start by letting go of this myth!


After working for more than 20 years at a major Canadian bank, primarily in Commercial Banking, Sherri Munro founded Munro Consulting Services, (, specializing in working with women entrepreneurs. She helps these clients feel more prepared, knowledgeable, and confident to grow their businesses. Through one-on-one coaching,skill-building sessions, and comprehensive discussions about their business, finances and market, Sherri collaborates with established business owners to formulate the right approach to raise capital for their businesses, and to have deep and meaningful conversations and relationships with their Business Bankers. For more information, follow Sherri on Twitter @MunroC3 or e-mail her directly at


Myth: Selling is Undignified

May 4, 2016

Join Kathleen and Eleanor for an enlightening conversation as they explore this myth.  Eleanor discusses how most women entrepreneurs fall into this false belief and fail to invest enough time into the marketing and sales part of their businesses. Listen and discover how to defy this way of thinking and start clearly asking or the sale.


Eleanor Beaton is the founder of Fierce Feminine Leadership. She is an award-winning journalist, speaker and women's leadership coach. Eleanor helps emerging and established women leaders step into their power, dial up their influencing skills and take their seats at the tables where the big decisions get made. For more information, visit

Special Breaking Money SilenceTM Offer: Take Eleanor’s Fierce Feminine Leadership Assessment at no cost and discover YOUR fierce feminine leadership style.