The Money Doctor® Money Talk Podcast
By Mildred Dillon CPA
So we need financial strategies that fit that movement and MONEY THAT MOVES when we move.
We know you only have a few minutes, so what you’ll find here is practical tips you can use NOW to "fix" what’s not working with your finances so you can TAKE ACTION and get back to changing the world around you. Ready? Let's go! 😎
From Grief to Growth: Harnessing Emotional Health with Kenniece Webber
In this episode of The Money Doctor® Money Talk for Modern Entrepreneurs Podcast, we dive into summer, mental health awareness, and the Moms and Money campaign. Host Mildred Dillon introduces Kenniece Webber, a homeschool mom and entrepreneur, who shares her journey of turning grief into empowerment through creating plant-based food and skincare products. Kenniece discusses the impact of trauma, the importance of emotional health, and how she developed her product line. She opens up about her transformative experiences, meditation, and the passion that drives her. Tune in for an inspiring conversation about personal growth, family connections, and the therapeutic power of entrepreneurship.
00:00 Introduction to The Money Doctor® Podcast
00:22 Mental Health Awareness and Money Stress
01:50 Meet Kenniece Webber: Personal Story of Grief & Growth
07:26 Creating Plant-Based Products for Healing
15:10 Overcoming Fear and Embracing Leadership
18:09 Navigating Relationships and Personal Boundaries and Post-COVID
22:36 Family Dynamics and Parenting Insights
27:02 The Importance of Systems and Flow
28:35 Check out BoodhaNoony.com for Free Shipping and @BoodhaNoony on IG
29:44 Contact Us @YourMoneyDr all platforms
#50: The Trick To Investing As An Entrepreneur: Control vs Feeling Cash-Strapped!
As entrepreneurs, traditional advice about "saving for retirement" and "diversifying in the stock market" doesn’t always fit our reality.
Cash flow swings, unexpected opportunities, and business reinvestment needs mean we can’t just set it and forget it.
In this episode of Money Talk for Modern Entrepreneurs, I’m breaking down why true financial control matters more than chasing unpredictable markets — and how entrepreneurs can rethink investing for real wealth-building.
- Why saving before investing protects entrepreneurs from future setbacks
- The hidden risks of relying too heavily on traditional stock market strategies
- Why reinvesting in your business can be a smarter first move
- Lessons from earning my Series 6, 63, and 65 licenses — and what most advisors won't tell you
- Alternative long-term planning ideas for entrepreneurs who want flexibility and freedom
00:00 “Investing” Show Preview
00:52 Show Welcome
01:40 Post-Tax Season Tips: Extensions and IRS Notices
06:13 Building Your Financial Cushion (Before You Invest)
08:30 Why Reinvesting in Your Business Might Be Smarter Than Stocks
11:47 Handling Cash Windfalls + Saving First, Spending Later
12:43 Behind the Curtain: What My Investment Licenses Really Taught Me
14:40 Why Traditional Retirement Plans Might Fail Entrepreneurs
15:58 Investments Pay Tax Too - Some TWICE!
19:44 My Face-Off With A Financial Advisor
24:40 Next Episodes: Hire The Kids! + Financial Education For The Entire Family
26:47 Get The "Smart Investing" Download
Links mentioned:
Smart Investing Blog, Free Download & Family Finance Workshop Replay:
https://yourmoneydr.com/blog/why-spring-is-a-great-time-for-entrepreneurs-to-invest-or-not/
Send us a message on Facebook:
www.facebook.com/themoneydoctor
Ready to take control of your financial future? Subscribe to the podcast for more real-world strategies — and visit YourMoneyDr.com/Blog to grab the free resource I mention designed to help you master your money, your way.
Disclaimer:
This podcast episode is for informational and educational purposes only. It is not tax, legal, or investment advice. Every entrepreneur’s situation is different, so be sure to consult with your own professional advisors before making any financial decisions.
#49 Avoiding Tax Pressure:Tax Filing Tactics for Entrepreneurs
Is the April tax deadline breathing down your neck? Don’t panic—filing a tax extension (with payment!) might actually be the smartest move for you.
In this episode of The Money Doctor® Show, Mildred Dillon, CPA, breaks down what entrepreneurs really need to know about extensions, payment deadlines, and why accuracy should always beat speed when filing.
From missing documents to unprepared spouses, she shares real-world strategies to file smarter, not harder.
You’ll also hear:
Why estimated payments matter (even if you file later)
How to handle your taxes when you’re married to a non-business owner
The role your tax return plays in loan applications
Why you shouldn’t plan to “just amend it later”
When and how to use the ABC Accounting System Setup to get your numbers right
This episode is for any entrepreneur who wants less stress, fewer penalties, and more peace of mind this tax season.
00:00 Filing Extensions With A Payment (Show Preview)
00:34 Show Welcome & Introduction
01:39 Corporate Filings Reminder! Make Sure You've Filed
03:57 April Deadline Coming Up: Make A Payment With That Extension
05:28 Try The ABC Accounting System Setup For The Numbers
06:34 File An Extension If Missing Tax Docs
07:06 File An Extension If Tax Docs Could Be Wrong
08:30 Thinking: "Just File An Amended Return Later?" Think Again!
09:43 File An Extension When The Spouse You File With Isn't Ready
12:06 Testimonial: The ABC Accounting System Setup Course
15:00 File An Extension If Your Return Could Be Needed For A Loan
17:30 File An Extension: We're Here To Help
18:13 Do You Have Business Taxes (1099s), W2s or Not Sure?
20:27 Ready To File Taxes? No More Procrastinating. Let's Get It DONE!
21:19 Find Us On Social Media @YourMoneyDr
Links mentioned:
TAX QUOTE LINK: www.bit.ly/mdcpataxquote
ABC Accounting System Setup www.YourMoneyDr.com/Free-Resources
Send us a message on Facebook:
www.facebook.com/themoneydoctor
#48 Think Big, Start Small: Choosing Your Right Business Structure
Key Signs You're Ready to Incorporate Your Business
In this episode of The Money Doctor® Show, Mildred Dillon, CPA, discusses the different forms of business ownership and the March filing deadlines for S Corporations and Partnerships. Mildred provides three key indicators for when to consider incorporating your business: being on payroll, generating significant profits (over $50,000 annually), and already investing in the market through retirement plans. She also explains the tax benefits of becoming a Corporation, such as eliminating self-employment tax and taking advantage of special retirement plans. Additionally, the episode covers the differences between Sole Proprietors, LLCs, Partnerships, and Corporations, and provides helpful resources for business owners to stay on top of their tax filings.
00:00 Show Preview
00:30 Show Intro & Welcome
01:36 First Corporate Deadline March 17 (for 2024 Taxes due in 2025)
02:38 Deadline to "Elect" for S Corporation
03:40 Start Small When Starting A Business!
04:31 The Sole Proprietor - From Hobby to Side-Hustle
06:11 The LLC - How It Works
07:59 The Partnership - You + Fill In the Blank(s)
10:04 The Corporation(s) - Two Types
12:15 Business Structures Recap
13:07 Should You Incorporate?
18:02 Are You On Payroll or Taking Owner Draws?
19:33 Get the 1st Quarter Taxes Checklist
20:47 Find Us On Social - All platforms @YourMoneyDr
Links mentioned: https://mailchi.mp/16cbb4a97e82/1stqtrtaxeschecklist
#47: Permission Granted Entrepreneur: Embrace the J.O.B.
Redefining Success: Permission to Get a Job as an Entrepreneur
Welcome to the fifth season of The Money Doctor® Money Talk for Modern Entrepreneurs podcast with your host, Mildred Dillon, CPA.
In this unique season opener, Mildred introduces a groundbreaking concept: giving entrepreneurs permission to hold or get a job without the stigma.
She emphasizes that maintaining a job can provide essential funding, skills, and connections to support your business.
The episode touches on the evolving market, the importance of supplementing business income, and her newly released book, 'Take Your Job & Love It!' as a guide to maximizing your job benefits while nurturing your entrepreneurial ventures.
Tune in for real-life examples, expert advice, and actionable insights that reshape the traditional entrepreneurial narrative.
00:00 Introduction to Season Five
01:20 Permission to Keep or Get a Job
03:04 Market Changes and Sales Strategies
03:52 The Importance of Online Presence
04:47 The Extended Sales Cycle
05:43 The Value of a Job for Entrepreneurs
07:48 Real-Life Examples and Benefits of Jobs
11:12 Skills and Training from Jobs
16:50 Connections and Exposure from Jobs
20:40 Conclusion and Upcoming Episodes
LINKS MENTIONED:
Kindle Book on Amazon
https://www.amazon.com/dp/B0DX7KPW64
Start a Chat With Us
www.facebook.com/themoneydoctor
Our Website: www.YourMoneyDr.com
Find Mildred on Social Media: @yourmoneydr - all platforms
#46 Conquering Mail Chaos: Streamline Your Finances and Organize Your Year Effortlessly
In this episode of The Money Doctor Show, hosted by Mildred Dillon, CPA, we dive into the often-overlooked task of organizing mail to manage finances effectively. Mildred outlines her
00:00 Introduction and Mail Management
00:31 Welcome to The Money Doctor Show
01:38 New Year Organization Tips
01:48 The Shortcut 6 Strategy
05:29 Folder 1: Managing Debt
06:12 Folder 2: Banking Essentials
09:08 Folder 3: Monthly Bills and Utilities
10:11 Folder 4: Insurance Documentation
14:57 Folder 5: Business-Related Mail
16:44 Folder 6: Tax Documents
20:34 Maintaining the System Year-Round
21:34 Conclusion and Next Steps
#45 Make Your Money Work for You in 2025! 3 Signs 'Cash Is Queen' Can Help
Here’s a short post-holiday episode, where, as in every January, I shift gears a bit to talk to all of you—whether you're running a business or just want to get your finances straight for the new year.
This episode is wraps up 'Cash is Queen,' - step 3 of my M-O-N-E-Y system. I'm sharing my personal story of financial recovery and how you can adopt a fresh “new attitude towards spending," too.
Trust me, you'll love the tips on saving and managing money better and include the whole family too. So dive into how to save without even feeling it and why this new approach is a game-changer. Ready to make your money work for you in 2025?
Let's go!
00:00 Introduction to the Holiday Episode
00:19 The Concept of 'Cash is Queen'
01:54 Sign 1: Hint: It Has to Do With The Past!
02:38 Sign 2: Hint: This is all about 2025!
03:48 Sign 3: Hint: This is Just for You, Entrepreneur!
04:22 Exploring the Cash is Queen Kit
05:00 Conclusion and Next Steps
Links mentioned:
"Cash Is Queen Spending Starter Kit" www.YourMoneyDr.com/Cash
@YourMoneyDr on all Social Media platforms
Send us a message at our Facebook Page - www.Facebook.com/TheMoneyDoctor
#44 Cash is Queen & Savings Reigns Supreme!
In this short episode, Mildred Dillon, CPA, discusses the importance of spending wisely during the 2024 holiday season, especially just after Black Friday. She introduces the 'Cash is Queen' Spending Less Starter Kit, which she developed based on her personal experience of saving $20,000 in 18 months following the 2008 recession.
She emphasizes the psychological benefits of using physical cash over digital transactions to manage expenses more effectively. She also touches on the MoneyDoctorJr kids and money program and announces the upcoming rebroadcast of her Money Management On The Go personal finance system.
Listeners are encouraged to visit YourMoneyDr.com/Cash to learn more and gain control over their spending. 00:00 Introduction and Holiday Season Update 00:10 Special Black Friday Offers 00:50 The Importance of Cash 01:45 Spending Less with Cash 02:47 Cash is Queen Spending Less Starter Kit 03:40 Conclusion and Sign-Off
#43 The Entrepreneurs' Guide to Insurance: Protecting Against the Unexpected & Why We Must Get It Right!
With the increasing frequency of disasters like hurricanes, wildfires, and wind events, insurance serves to restore one's financial status in the event of loss. Few things can be more important to the entrepreneur which has already put so much on the line just to go into business.
That's why in this episode of The Money Doctor® podcast, host Mildred Dillon CPA, tackles the essential topic of insurance coverage, especially in the context of storm damage. Special guest Melissa Phan shares her expertise in property and casualty insurance, explaining the importance of timely actions after a storm, the process of filing claims, and strategies to ensure you are adequately covered. The discussion also delves into the steps to take when seeking insurance approval and how to build a trusted relationship with your insurance provider. Business owners and entrepreneurs will find valuable advice on protecting their assets and ensuring business continuity in uncertain times.
Many thanks and a huge WELCOME to Melissa!
0:00 Show Preview 01:29 Insurance Show Intro 02:25 Meet Melissa Phan, Republic Roofing 06:40 From Passion to Promotion 07:52 Timing Matters When It Comes To Insurance 10:33 ABCs of Insurance 12:51 Why Call Melissa 17:29 Casualty Losses & Taxes 18:58 How to Work With Republic 23:08 Financial Statements Matter 25:22 Contact Melissa
Melissa Phan
C: (281) 779-9911
melissa@republic-roof.com
#42 Tick-Tock: Your Extensions Deadline is Closer Than You Think! ⏰
Where did the 6 months go???
Somewhere, because the first of the extended tax deadlines is here: Sept 16 for Partnerships & S Corps.
So it's time to pull together those last minute details and get the final return filed or else...Penalties and interest will be assessed and accumulate each month until you do. And these returns also affect your personal 1040 return due in October, so it's a BIG DEAL.
This episode walks you through it.
:00 Episode 32 Show Preview
1:42 Welcome to Money Talk! for the "Modern" Entrepreneur
2:44 What is a Modern Entrepreneur?
4:30 Should You Choose A Money Doctor or CPA? We say BOTH!
8:57 The Money Doctor® difference
9:53 Owner Transactions
11:31 Partnership Considerations
14:35 S Corp Requirements
16:21 Owners Draws vs Expense
17:13 S Corp Story
21:00 Next Steps
21:32 Follow @YourMoneyDr and Leave a Comment on Spotify!
Links mentioned:
To speak with us - Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Message us and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#41 Back to "Money" School! - The MONEYRx for Everyone
In this episode, I emphasize the role of parents in teaching financial literacy to their children. By giving kids hands-on experience with their own money and using the M-O-N-E-Y system, they can learn valuable money management skills early on.
Guests Reggie Parker and Roger Badchkam share their experiences, underscoring the need for financial education beyond what schools typically offer. My goal is to help you turn your home into a money school, setting your kids up for financial success.
In today's episode, we discuss the importance of teaching kids about money as we head into the back-to-school season.
Key Takeaways:
In today's episode, we discuss the importance of teaching kids about money as we head into the back-to-school season.
Key Takeaways:
The M-O-N-E-Y System:
- A framework for financial management: Make money, hold onto it, keep track, invest, and use credit wisely.
- Essential for both entrepreneurs and employees.
Financial Education Starts at Home:
Reggie Parker and Roger Badchkam share their experiences and the importance of seeking knowledge beyond school education.
Reggie Takeaways:
- Giving kids an allowance helps them understand the value of money and manage their spending.
- Example: Reggie's son learned to budget his money, reducing his video game purchases.
Roger Takeaways:
- Parents need to teach financial literacy since schools often don't cover it comprehensively.
- Real-life stories highlight the gap in traditional education.
Parents: Start Today!
- The Money Doctor Jr. initiative provides resources for parents to teach their kids about money. You bring the kids, we've got the lessons.
- Follow @TheMoneyDoctorJr on social media for tips and tools.
Call to Action:
- Implement the M-O-N-E-Y system at home.
- Share your experiences and questions on our social media platforms @YourMoneyDr @TheMoneyDoctor on Facebook and @TheMoneyDoctorJr
#40b Mastering Money Management: The M-O-N-E-Y System for Business, Family and Beyond!
Hey entrepreneurs! 🎙️ Dive into our latest podcast episode where we're going back to basics with money management using the M-O-N-E-Y system. Whether you're hustling as an entrepreneur or navigating the 9-5 grind, mastering these financial fundamentals is key. This BONUS episode touches on the connected between making and saving money to smart investing and leveraging credit wisely. Plus, we explore the importance of early financial education through our Money Doctor Jr. program. Join us as we break down practical strategies and personal insights to empower your financial journey. Tune in now and let's build a stronger financial future together!
Show Notes:
- Introduction to the M-O-N-E-Y system: Make, Optimize, Navigate, Expand, Yield.
- Practical tips for entrepreneurs and employees alike to enhance financial health.
- Insights into investing in business, real estate, and other wealth-building avenues.
- The role of credit in financial planning and common pitfalls to avoid.
- Discussion on the importance of early financial education through the Money Doctor Jr. program.
- Future initiatives and plans for expanding financial literacy.
Follow us on social @YourMoneyDr
#40 Showcase Your Expertise! Write Your Way Into Wealth with Books!
Yes, I needed a podcast episode, but I also needed Candace to crack the whip. In typical editor style, she pushed, prodded, and laid out the path to really putting my products out there to serve the world.
Contact Candace :
Www.JozefSyndicate.com
@jozefsyndicate
Candace J Semien
Senior Editor
#39b Jobs Are On The Chopping Block - Here’s What To Do About It
#39 From Passion to Profits But Keeping Free Time
Summer's here. Are you an entrepreneur craving time off? Missing the days of 2-week vacations feeling like you can't get back? Well, you're not alone! It's a common problem making the switch to working for yourself but in this episode, I share insights I learned early in the business game from Michael Gerber and Robert Kiyosaki. They both talk about the power of owning a system vs a job (self employment) and how to get your time back! 0:00 Helping Others to Discover Our Business 0:47 Welcome to Money Talk! for the "Modern" Entrepreneur 1:47 Family Finance & The Million Dollar Baby Concept 5:22 Still at W2 Stage? Seminar Part 2 is for You 6:16 Get There Faster With A Business 7:24 Help Someone Else Until You Figure It Out 8:11 5 Steps to Building That Scales 8:40 Step 1 Have a Vision To Build a System 13:21 Step 2 Invest $$$ Into The Vision 16:28 Step 3 Automate Then Hire 19:04 Step 4 Document Your Processes 20:18 Step 5 Duplicate Your Processes 22:26 The Money Doctor® Jr Gives Kids an Early Start! 23:10 Follow @TheMoneyDoctorJr and @YourMoneyDr on Instagram Links mentioned: Family Finance Seminar Replay link: https://learn.yourmoneydr.com/webinar/family-financial/register
Visit our Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor Message us and we'll send you the link. Our Website: www.TheMoneyDoctorJr.com and www.YourMoneyDr.com Our Social Media: @yourmoneydr @themoneydoctorjr
#38 Three Steps to Investing as an Entrepreneur: First SAVE, Then Invest, Then Listen To This!
There are so many different considerations when you invest as a business owner vs an employee. Unfortunately, most of the investment advice out there is NOT for entrepreneurs with our fluctuating cash flow, need for tax write-offs, need for ACCESS to our own money just in case.
In fact, the mismatch was so great, that I just walked away from my Series 6, 63, 65 licenses because of it. More on THAT drama in this and a BONUS episode for those considering any side of the money business as a career- so WATCH FOR IT.
The point is, like most everything else, we need financial advisors who speak to our unique needs, so we do that in this episode plus give you a chance to meet small business financial advisors at the end on AND on May 4th to ask your questions. Enjoy!
:00 Episode Preview - Save Save Save (Then Invest!) 1:14 Money Talk! for the "Modern" Entrepreneur 2:18 Finishing Up Spring Tax Season
4:52 If You Filed Your Return, Watch For Notices
8:12 Entrepreneur? You're ALREADY Investing!
6:35 We Use Tech on the Tax Side Too
13:51 Blog Post - Investing in US vs The Stock Market 17:42 My Investment Licensing Story 18:41 Get Advice Tailored for Entrepreneurs - May 4th 10AM CST
20:39 You Want Write-Offs Now, Tax Free Money Later 💯
22:03 Meet Justin Kendall, Senior Associate, The Miliare Group, Frisco, Texas
23:37 Check out Tax Codes IRC 162 and 7702a
24:39 Don't Gamble Your Financial Future, Use Professionals Who Know These Tax Codes!
26:29 Please Leave a Review! How to Reach Us @YourMoneyDr on all platforms Links mentioned: Join Our Newsletter www.bit.ly/ymdrcommunity
Smart Investing for Entrepreneurs Blog and FREE GUIDE: https://yourmoneydr.com/blog/why-spring-is-a-great-time-for-entrepreneurs-to-invest-or-not/
Family Financial Workshop - https://learn.yourmoneydr.com/webinar/family-financial/register
Listening after the 4th? Register anyway so the system sends you the replay
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr all platforms
Start a Chat With Us www.facebook.com/themoneydoctor
#37 Filing Extensions Instead of Returns
Many people rush to file taxes because it's all in the news and advertising and even from IRS. For some people that's a smart move, but for ENTREPRENEURS, our taxes have more "moving parts" and things that can be delayed and even be wrong. So it pays to take a deep breath, take a step back and take that extra time to file correctly. In this episode, I discuss your options to do either: file an extension or file that return.
0:00 Episode Preview - Challenges of Amending Returns 1:00 Welcome to Money Talk! for the "Modern" Entrepreneur 2:00 The Best Way to File An Extension - With a Payment 3:50 The ABC Accounting System Setup - Get The Totals Easy
5:00 Meet Charlotte - Course Testimonial 6:35 We Use Tech on the Tax Side Too 7:24 When to File An Extension 15:42 Does Your Household Have A Business? 17:00 How to Get Help From Us - @YourMoneyDr On All Platforms Links mentioned: CHECKLIST LINK: www.bit.ly/mdtaxquote Our Website: www.YourMoneyDr.com Our Social Media: @yourmoneydr Start a Chat With Us www.facebook.com/themoneydoctor
#36 Back to Basics - Income, Business, Taxes & More!
It's a new year which means a reset to yearly earnings and a new opportunity to do things differently.
So in this episode, I take a deep dive into the most common reporting forms: the W-2 and 1099, the differences and how even a side hustle can help you can take advantage of the tax code which is most favorable to business owners.
But you need to make some decisions on the front end about what type of business and who will run it, and I get into that and how that decision determines your tax outcomes the following year.
Build a business? Or bank a paycheck? Either way, this will give you the "know how" you need to decide.
0:00 Episode Preview - Sole Proprietor & Self Employment Tax
1:00 Welcome to Money Talk! for the "Modern" Entrepreneur
2:09 What type of Earner Are You? W2 or 1099
4:15 1099s Give You Control
5:46 1099s - The Responsibilities
6:53 Types of Businesses You Can Have
16:16 Keeping Organized - "Shortcut 6"
19:49 Bank Statements & Receipts
22:21 Reach Out to Us on Social Media For Help
Links mentioned:
IRS guidance - determining employee or independent contractor
https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee
#35 CPR For Your Biz: A Breath of "Fresh" Ideas To Build Up Your Bank Account in 90 Days!
Could you use a boost of "fresh ideas" to boost your bank account - WITHOUT you having to give up precious free time, hire more people or pricey outsourcing?
Well introducing you to my signature business training system for freelancers, entrepreneurs, even solopreneurs because we're streamlining how you use your time, manage prospects you've met and of course with revenue generation and reporting on autopilot, you just can't lose.
Take a listen to how it all works, and then if you'd like my 3-part BETA version - FREE video series + worksheets delivered right to your email inbox, visit YourMoneyDr.com
:56 Welcome to Money Talk! for the "Modern" Entrepreneur
1:02 CPR For Your Biz - Grow Smarter with Systems
2:47 The C - Calendars - A Whole New Take
6:47 The P - Prospecting with Purpose
11:48 Prospect by Category
12:58 Network Like a Pro (Here's a Script)
14:16 The R- Revenue on Autopilot
19:05 Now It's Your Turn - Get the Worksheets www.YourMoneyDr.com/cpr-for-your-biz
22:16 Wrap Up & Next Steps
Links mentioned:
Follow @YourMoneyDr on social media and we would appreciate it if you leave a review for us comment on Spotify.
Our Website: www.YourMoneyDr.com
#34 Seven Rules of Credit feat: Credit Repair USA
#33 Taxes Filed with Other People's Money in Mind!
Here's the fun stuff people want to hear about: CREDIT. But not so fast. If you're in business, that tax return that's due soon can affect your loan process or approval. But there's a way to go into it prepared and on point, not just on the tax side by taking advantage of extra time allowed by extensions, but by being proactive with credit report review.
Angela Losack is here to walk us through how to do that so we're super prepared.
:00 Episode 32 Show Preview
1:20 Welcome to Money Talk! for the "Modern" Entrepreneur
2:17 Why We File Extensions
4:05 How Financials Help You Pay Less Taxes
4:54 Your Money, Other People's Money
5:46 Meet Angela Losack - Credit Repair USA
6:49 How You File Matters
11:00 Current Economy Considerations
15:00 What's Stopping You From Filing? Hire Us or Get a Free Accounting Setup at www.YourMoneyDr.com
18:11 The Power of Preparation
22:27 My Credit Story
24:37 How to Get Angela's Help
25:42 Your Tax Return: a Financial Tool
27:16 Wrap Up & Next Steps
Links mentioned:
Angela's info - https://CreditRepairUsa.us, get your FICO score and more
Follow @YourMoneyDr on social media and we would appreciate it if you leave a review for us comment on Spotify.
Our Website: www.YourMoneyDr.com
#32 Filed an Extension? Time to File Partnership & S Corp Returns
Where did the 6 months go??? Somewhere, because the first of the extended tax deadlines is here. So it's time to pull together those last minute details and get the final return filed or else...
Penalties and interest will be assessed and accumulate each month until you do. And these returns also affect your personal 1040 return due in October, so it's a BIG DEAL.
This episode walks you through it.
:00 Episode 32 Show Preview
1:42 Welcome to Money Talk! for the "Modern" Entrepreneur
2:44 What is a Modern Entrepreneur?
4:30 Should You Choose A Money Doctor or CPA? Both!
8:57 The Money Doctor® difference
9:53 Owner Transactions
11:31 Partnership Considerations
14:35 S Corp Requirements
16:21 Owners Draws vs Expense
17:13 S Corp Story
21:00 Next Steps
21:32 Follow @YourMoneyDr and Leave a Comment on Spotify!
Links mentioned:
To speak with us - Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Message us and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#31 Family Finance Fun! with Bharvi Soni & Expressive Aromas
If the family that prays together, stays together (they do), then the same can be said for those that PAY together. They end up SAVING together as a team, and having a lot more fun in the process. But how do we, as entrepreneurs, make it happen with all of the extra time, energy and MONEY demands for our businesses?
It's possible. The goal is like the family featured in our episode cover art pulling in the same direction, even though the goals vary.
Bharvi Soni, owner of Expressive Aromas knows it well and in this episode shows us how she and her family do it every single day.
:00 Family Finance Fun! Show Preview
2:19 Welcome to Money Talk! for the "Modern" Entrepreneur
6:17 Meet Bharvi Soni & Expressive Aromas
10:49 Take the Scent Quiz
13:03 Bharvi's "Why"
16:38 Including Family Matters
21:52 The Money Doctor® Kids Can Give You Ideas
25:29 Teach Kids This @ Home
27:07 Our Contact Info: @ExpressiveAromas @TheMoneyDoctorJr
29:15 Book Us For Your Next Event
30:40 Follow @YourMoneyDr
Links mentioned:
To speak with us - Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Message us and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#30 Short on Time, Money or Both? Adjust then Automate!
There's a saying that "money loves speed and so do your customers." So how long does it take for a prospect to become one? And how long for you to get paid? It matters - especially when you're first starting out because your cash flow is the foundation for your growth and success.
So in this episode, I'm showing you how to use tech to make up for what's lost in time and money and make it all work.
0:00 We're Halfway Through The Year
1:20 Welcome to Money Talk! for the "Modern" Entrepreneur
2:17 Make Up for Lost Money by Withholding or Estimated Taxes
5:30 Visit www.YourMoneyDr.com to Get The ABC Accounting System Setup Course
6:42 My Personal Story With Tech
10:05 How to Make Up For Lost Time? USE MORE TECH In Your Business
13:33 Follow Up & Intake Process
15:51 Online Scheduling Process
17:46 Package Your Solutions & Workflows
20:49 Tech Processes Recap
22:34 3 FREE Resources & Links
24:42Follow @YourMoneyDr
Links mentioned:
To Get The Free Resource - Visit our Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Message us and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#29 A New Attitude Toward Spending To Increase Net Worth
Net worth is not just for the wealthy. We all have it, even if it's negative, even if it's small. Mistakes from the past and debt balances can drag that number down, and our financial futures and confidence right along with it.
So in this episode, I'm showing you how to increase that number in record speed and it's using a unique alternative to keypunching spreadsheets and "guesstimating" budgets to get on track. It's my own proven method that helped me save $20,000 in 18 months after the 2008 recession, and it can work for you too.
0:00 Build Net Worth Without Debt
1:46 Welcome to Money Talk! for the "Modern" Entrepreneur
2:46 How Savings Helps With Net Worth
5:26 Personal Financial Statement
6:22 From Home to Investment Property - My Story
9:22 Meet Realtor, Carissa Trepanier
10:00 The Four Places Money Goes
12:00 Current Attitudes Toward Spending
13:26 New Attitude Toward Spending - What It Is
17:36 How to Take Action at Home
23:39 Free Resource to Get Started
26:03 Follow @YourMoneyDr
Links mentioned:
To Get The Free Resource - Visit our Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Message us and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#28 Are You Making Progress Financially?
The purpose for all that we do financially, going to work, building businesses, investing is to grow our money so we have a solid foundation.
This episode discusses "net worth," how to figure out if we're gaining or losing financial ground, and what to do about it.
0:00 Welcome to Money Talk! for the "Modern" Entrepreneur
1:00 Intro to "Net Worth" - What It Is, How to Calculate
5:18 Terri Abellera with Pinnacle Elite
7:41 Other Names for Ownership
9:09 Calculating Net Worth
10:17 Easy Tool To Build More Net Worth - Fast!
14:46 Money Motivation - What's Your "Why" for Making A Change?
16:11 Free Resource to Get Started
17:11 Follow @YourMoneyDr
Links mentioned:
To Get The Free Resource - Visit our Facebook Page: Start a Chat With Us www.facebook.com/themoneydoctor
Type "FIND $100" and we'll send you the link.
Our Website: www.YourMoneyDr.com
Our Social Media: @yourmoneydr
#27 Filing Extensions - Instead of Returns
#26 Business Entity Taxation "On-The-Go!"
Many prospects, even clients ask me to discuss this and so it's TIME to answer the question: "What type of business should I be?" How do we start and grow a successful business and HOLD ONTO more of our profits? I discuss this and more, including TAXATION in this busy tax season episode!
0:00 Episode Preview - Sole Proprietor & Self Employment Tax
1:00 Welcome to Money Talk! for the "Modern" Entrepreneur
2:00 March 15 Deadlines & Why File An Extension
5:00 Business Formation Types
10:28 Changing Entities
12:00 Corporations & S Corporations
14:15 3 Reasons to Incorporate 21:00
21:00 Free Resource - "1st Quarter Taxes Checklist"
22:19 Reach Out to Us on Social Media For Help
Links mentioned:
CHECKLIST LINK: https://mailchi.mp/16cbb4a97e82/1stqtrtaxeschecklist
Our Website: www.YourMoneyDr.com Our Social Media: @yourmoneydr
Start a Chat With Us www.facebook.com/themoneydoctor
#25B New Year Organization On-The-Go!
It’s tax season, but people are still reeling from those holiday bills rolling in, on top of inflation cutting into the savings. So, in this episode, I get more into those benefits as I finish up our two-part series on the #plannerbook I created almost 15 years ago during the 2008 recession. You can get your copy on AMAZON and after your purchase, will receive links to the BONUS digital downloads you can use on your tablet and FREE 30-minute video training on how to use it.
Links Mentioned:
Get the Pocket Planner on Amazon: https://a.co/d/fPjAAZl
or
Amazon Search Phrase - "Mildred Dillon CPA Pocket Planner"
Follow us on social media: Website: YourMoneyDr.com Instagram: @YourMoneyDr LinkedIn: Mildred Dillon CPA Facebook: @TheMoneyDoctor
#25 Personal Finance Tracking On-The-Go!
You know those items don't belong in your accounting system, so how will you get through it quickly and consistently, in a way that won't take time with extra keypunching into budgets or sticky notes?
In this episode, I share a system I created almost 15 years ago that helped me save not just time and money, but my SANITY in the process, because times were tough during the 2008 recession and the money was super short. You can get one for yourself on AMAZON and start off the new year, "on the go" and on top of all your money matters - not just business.
Links Mentioned:
Get the Pocket Planner on Amazon: https://a.co/d/fPjAAZl
or
Amazon Search Phrase - "Mildred Dillon CPA Pocket Planner"
Follow us on social media: Website: YourMoneyDr.com Instagram: @YourMoneyDr LinkedIn: Mildred Dillon CPA Facebook: @TheMoneyDoctor
#24 - Eating ON-THE-GO! (BONUS)
I was sitting in traffic feeling extremely proud of myself for taking the time to care for my physical health as I prepared for a day of focusing on my financial health.
And which area is more important - the physical or financial? It’s pretty tough to choose, isn’t it? So, let’s make sure we don’t have to and invest in both our physical well-being (including emotions, mindset) and of course, our finances!
#23 Health is Wealth with Dr. Liz
As Modern Entrepreneurs, we stay BUSY. We're moving fast, working fast and of course, EATING FAST. So how do we eat healthy on the go? So I'm excited to be featuring and sharing with one my colleagues, Dr. Liz who is funny, energetic and specializes in the topic, so please say a big "HI" and WELCOME to Dr. Liz!
1:15 Welcome to Money Talk for the "Modern" Entrepreneur
2:39 Meet Dr. Liz
4:00 You're Not Crazy - The Pandemic Also Affected Our Health HABITS
6:00 Dr. Liz - Her Story & "Why" For Back2RealFood
9:45 The Money Doctor® Story - This Is How We Do it!
11:45 The Money Doctor® - Dr. Liz Connection - Education First, Then Service
16:58 Tips for Eating "On The Go" in a Healthy Way
23:45 Eating Healthy Requires HEALTHY Finances
24:50 Dr. Liz is also Virtual - see testimonials at back2realfood.com
26:00 Benefits to Us and Our Clients by Going More Mobile With Our Businesses
30:20 Does Healthy Eating REALLY Cost More?
32:04 The A-B-C Accounting System Setup (60 Minute Course) Can Help You Find The Money to Eat Healthier - www.YourMoneyDr.com
Links mentioned:
Dr. Liz Contact info: Social media: @back2realfood and Website: www.back2realfood.com
Our Website: www.YourMoneyDr.com Our Social Media: @yourmoneydr
Start a Chat With Us www.facebook.com/themoneydoctor
#22 Are You a “Modern” Entrepreneur?
We’re BAAAACK! It’s Season 3 with a whole new “up-do” as they say: we’ve got guests who are not just entrepreneurial but also EDUCATORS in our favorite subject: BUSINESS! But before I introduce you, here’s just a little more on what you can expect.
#20 Family Finance Fun! - Part 1 of 2 - Marriage & Money
Well it was for me. And as you'll hear, I had a rocky start with figuring out the "how," which is why I had to invite cousin extraordinaire, Dr. Jonie Steward, to share with us on how she approached the topics in a more healthier way and helps families do the same. Thanks Jonie! 🤗❤️
1:35 Special Episode Introduction - Featuring Dr. Jonie Steward
4:00 The Insecurities Start When We're Young
6:07 Sometimes A "Scary" Situation (Like A Pandemic) Calls For A Pivot
7:35 How The Money Doctor® Service Helps You Invest Smarter
13:00 How To Get Your Spouse On The Same Page
14:45 Haven't Made It to The Altar Yet? It's Not Too Late To Ask These Questions
20:00 Next Steps To Have "The Money Talk"
21:45 FREE "TOP 10" MONEY CONVO STARTER RESOURCE
23:25 Next Episode We'll Include The Kids
Links mentioned (if they don't open, just copy/paste in a separate browser):
Top 10 Money Convo Starter Resource: www.bit.ly/marriagemoneycheckup
Dr. Jonie Steward Contact Info
- Cell Phone: 504 939 1887, Email: jonie.steward@nm.com
Website: www.YourMoneyDr.com
Instagram: www.Instagram.com/yourmoneydr
Facebook Page: www.facebook.com/themoneydoctor
#19 Want To Weather Whatever Storm Heads Your Way? Build Back "Mobile!"
Many people are surprised to hear I was once "The Google Girl" at a local area Best Buy back in 2012. It was during the launch of Google's Chromebook, and not only did my TECH get me the gig, but it's kept me afloat and with a vibrant business during all kinds of storms.
So I'm excited to be featuring and sharing with one my colleagues who was part of that project, Lenny Washington, educator, business owner, and gamer (whaaaa???) Yep, he's aka RavenXero on Twitch.tv. Please say a big "HI" and WELCOME to Lenny!
1:00 Lenny Introduction - Educator, Business Owner
3:08 How Technology Kept Me & My Business Going Through Many
6:07 Google - An "Education" We Can All Take Advantage Of
8:35 The "Old Way" vs The "New Way" - TECH IS THE NEW WAY!
10:15 Want to Run Your Business From Anywhere? This Is How We Do it!
17:30 Here Is MY #1 Way To Start Your "Mobile" Construction - GET PAID FASTER.
18:25 Meet Your Construction Crew - The G Suite! (or Office365, Or iCloud iWork)
22:41 Looking For Or Need A New Career? Get G-Suite Certified!
24:45 How "Mobile" Accounting Improves Cash Flow
26:04 Get In Control Of Your Own Accounting Can Get You Paid Faster During a Disaster
25:58 Get a FREE PREVIEW of "Let's Get Credit Ready" at www.YourMoneyDr.com/Courses
Links mentioned:
Lenny Washington Contact info: www.instagram.com/hpzpics, hpzpics@gmail.com. twitch.tv/ravenxero
Website: www.YourMoneyDr.com/courses
Instagram: www.Instagram.com/yourmoneydr
Facebook Page www.facebook.com/themoneydoctor
#18: Swipe Left and Swipe Right - It's THAT Easy To Get Your Money Right!
So here's an encore from guest host Charlotte Harris - you remember, Ms. Phenomenal Woman herself from Podcast 16? Well, she's still at it, being phenomenal and being on top of her finances at the same time. Pretty awesome huh? Of course we always have a great time sharing, but looks like we have just as great a STRATEGY to help anyone who wants to take action on those New Year's Resolutions to get our money on track this year. Wow that seems like years ago!
1:00 Charlotte Introduction - Pt 2
2:00 Here's Why We All Need Charlottes!
4:30 We Also Need A Handle On Our Money!
5:27 New Course *Testimonial*
7:00 Let Tech Do The Heavy Lifting!
8:22 When The Teacher Is Ready (me), the Student Appears!
10:37 All Income Is NOT Equal (When It Comes To Tax Deductions)
13:50 Larger Refunds Come From Deductions - So Keep Your Day Job!
14:30 The Power of the Detailed Plan 16:00 Charlotte's 90-day System
17:00 What's the Extra You Have Each Month For Retirement? Here's How We Help
18:30 Reports and Tech Show The Way
19:39 Get a FREE PREVIEW at www.YourMoneyDr.com
Links mentioned:
Website: www.YourMoneyDr.com/courses
Instagram: www.Instagram.com/yourmoneydr
Facebook Page www.facebook.com/themoneydoctor
#17 YES, Family Finance Can Be Fun!
Hopefully you're enjoying summer and spending "quality time" with family.
Can we suggest an activity?
Let's go over the household finances - all together, ALL AT ONCE, and as a T-E-A-M.
Reggie Parker, parent "extraordinaire," is giving you the "cheat sheet" for including the kids in what's going on financially, for getting everyone talking, and young minds THINKING before they spend. Wow!
And those cash payments from the Biden Administration's Advanced Child Tax Credit program just took away all our excuses!
So let's take some of that "CREDIT" and give kids a bit more "CREDIT" in the process and change their financial futures, like Reggie did with his son. I can't wait for you to hear this!
1:00 Introduction, Who We Are
2:00 Reggie's take on the Advance Child Tax Credit Payments, The Benefits of Allowance, And Starting To Use It At Home
4:00 Introducing Business Ownership vs the Job
6:00 Here's How "The Rich Get Richer" - They Include The Kids!
8:00 Looking for Tools to Start Your Money School at Home? We Got You! www.TheMoneyDoctorJr.com
9:00 Home Study Course for Study AT HOME
11:00 Here's How That Family That PAYS Together SAVES TOGETHER
13:00 Show wrap-up - We'll Continue The Family Finance Discussion Next Month With REAL-LIFE Testimonials
Links mentioned:
Facebook Page www.facebook.com/themoneydoctor
Website: www.YourMoneyDr.com
"FOR KIDS" tab for Family Finances
https://yourmoneydr.com/p/themoneydoctorjr
Instagram: www.Instagram.com/yourmoneydr
#16 Here's How to REALLY Think & Grow Rich!
So it's summer time, but you know what doesn't take a break? Money matters!
So for the next few episodes we're going to talk about how to make it more FUN with the FAMILY and wait until you hear who's schooling us on how to get it done.
Charlotte Harris, real estate investor, planning expert is showing us how to work "smarter" so we can reach those goals - one by one.
2:00 Charlotte Introduction, "Why" & Purpose
4:00 Why It's Important to Tell Our Story
6:00 The Path (& Pitfalls to Purpose)
8:00 Intention & The Step-by-Step Approach
10:00 The Power of "Family" Goals
12:00 Power of Celebrating Our Wins
13:30 Writing or Tech? Try BOTH!
15:00 Flexibility & Being Ok With A "Different" Outcome
17:00 Flowing With Teams
18:30 Charlotte's 90-day System. Try it with us!
21:00 The Power Of The Mastermind (Group)
24:30 Show wrap-up Contact Charlotte to learn more about Phenomenal Women Mastermind Group or to join in with the 90-day planning
Charlotte Harris Contact Info: Email: charrisholdingsllc@gmail.com
Links mentioned:
Facebook Page www.facebook.com/themoneydoctor
Website: www.YourMoneyDr.com
"FOR KIDS" tab for Family Finances
https://yourmoneydr.com/p/themoneydoctorjr
Instagram: www.Instagram.com/yourmoneydr
#15 The FIX is in! The Bad Credit Fix, that is...
We've been talking about 3 of the 4 Cs, (Capital, Capacity, Collateral)
But I know THIS is the C on everyone's minds! It's the one that gets the MOST ATTENTION: CREDIT SCORE.
So in this episode, I, and colleague, Larry Miles, are giving you the "Rx Prescription" for all things CREDIT REPAIR - and how you can get started right at home.
2:30 The problem with NOT having credit education
4:15 Larry's Credit Story & "Why"
6:30 What to Focus On FIRST to Get Back In the "Credit Game" (It's NOT the Score!!!!)
9:00 Feeling a bit nervous about diving in? There's an APP for that! (snd it's FREE) or an alternate method
12:30 What about ERRORS? KEY places to start for getting the junk off and increasing your score, and MISTAKES to avoid
15:00 Do You Speak the Language of Credit? No problem! We've got the Interpreter.
18:00 We're actually graded based on our credit score!
21:00 We've been on the road to rebuilding! We're here to help
21:45 Upcoming Podcasts: Business Credit, Kids & Money Summer Program
Links mentioned:
Learn More About the Kids & Money Summer Program:
https://yourmoneydr.com/p/themoneydoctorjr
Facebook Page
www.facebook.com/themoneydoctor
Website for Kids & Money:
www.YourMoneyDr.com - see the "FOR KIDS" tab
Instagram:
www.Instagram.com/yourmoneydr
Larry Miles Contact Info
Email: lmiles@mycreditchamp.com
Phone: 877 997 9626
#14 The 4 Cs of Credit
Many people would be surprised to hear I had bad credit for 7 years...yep, it’s true. It’s why I’m so passionate about SAVING MONEY.
In this #14 Episode SHOCKER, I talk about how a DIFFERENT C (Capital), helped me rebuild not just my finances, but my credit also. You can do it too!
3:43 Ever struggled juggling business & personal finances?
5:43 Credit is a HUGE part of the PAST & the RIGHT NOW of your personal finances
7:00 Character - My Credit Story (Part of It) -
10:30 Capital - My Confidence Came With Cash (and some great deals!)
13:30 Capacity/Condition - Can You Handle More? What's Your Current Position?
16:20 Collateral (& Sources of It)
19:40 Reports Will Show All These C's - that's OUR "LANE"
22:40 Check Out The Facebook Group - It's A Social Learning Group
Links mentioned:
Money Collective Facebook Group:
www.facebook.com/groups/moneybusinesscollective
Facebook Page - contains Credit article post from Entrepreneur.com
www.facebook.com/themoneydoctor
Website:
www.YourMoneyDr.com
Instagram:
www.Instagram.com/yourmoneydr
#13 The Best "Formula" For Using Your Stimulus
#12 What's Your "Net?" Speaking the Language of Your Small Business Lender
#11 Withhold While You Work? The Ins and Outs of Payroll Taxes
#10 Mail Mastery Course Announcement (Guest Interview)
So why all the talk about mail and a course on paperwork?
Because I've had more clients than a few, PAY me to help them with it, before we can even get to the money conversation.
It's also derailed many a financial plan with missed FINAL NOTICES, bank overdrafts, late and delinquent fees.
So in this episode, we're giving a bit of an update to our ongoing "reality show" about the challenges of staying on top of the paper and ways we do it.
Links mentioned:
Free Course Link: "Mail Mastery" - From Mountains of Mail to Money Matters Handled In Minutes!
yourmoneydr.com/p/mail-mastery
#9 A (Tax) Tale of Two Clients
I am including the link I referenced for more IRS guidance on the subject and especially if you’re a business owner, how to correctly classify your workers for tax reporting purposes.
www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee
#8 Getting Organized (Guest Interview)
You know there’s a saying that TWO are better than one, and I have to say that couldn't be more true than talking about getting ORGANIZED. This was a really fun interview I gave right before the new year, when I heard the replay - and the different take on the topic, I had to share it with the Podcast family! PLUS we did have that tax season delay, so I figured, "why not, we can squeeze this in!"
If you’re on top of it all already, just sit back and enjoy the ride because we move full speed ahead into tax season and we’ll be diving right into getting our small business owners up and automated and ready to file those taxes. Enjoy!
#7 What Kind Of Worker Are You?
In this week's episode, I take a deep dive into the biggest two documents tax documents people are receiving this time of year: the W-2 and 1099 the differences and how you can take advantage of each. I also am including the link I referenced for more IRS guidance on the subject and especially if you’re a business owner, how to correctly classify your workers for tax reporting purposes.
https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee
#6 Money Success Starts with Money "Organization"
You can too. But you'll need to SEE it to fully believe it, and since this is audio world, you’ll need the link NOT just to the video, but a FREE mini-course designed to take the "fear factor" and overwhelm out of dealing with money matters that come in the mail. Our new website launches on Jan 25, and we published this episode a few days before, so if you do want to get a jump on things. send us a message and we’ll send you the OneDrive link.
#5 About Those New Years Resolutions ....
#4 Here’s a REAL Holiday Payoff
And by pay off, I mean "LITERALLY" paying off what we spent during the holidays, but even more is possible and I share all about how in this episode I share with you a secret weapon to jumpstart your savings and maybe even replace the money spent for the holidays.
The keys to building some serious savings start with what's happened in the past - and there's a quick easy way to find out. Just look at your last month's bank statement and in just minutes, you'll find out all the withdrawals affecting your money future. Give it a try!
Links mentioned:
Money "Boost" Savings Download
https://www.yourmoneydr.com/social-media-money-optin