Episode 1

full
Published on:

15th Nov 2021

Money Talk For Real People

Have you worked with accountants or lawyers that use language around money that doesn’t make sense to the average person? We’re here to remove the stigma around money conversations for everybody.

We’re going to focus on how to stop ignoring your money and burying your head in the sand. Taking control of your finances and how you show up in life will give you more energy, excitement, clarity, and confidence.  

This season we’re diving specifically into your bookkeeping, accounting, and registration so you really understand how to do it right. We’ll talk about wealth building with regards to building your business, investing in yourself, retirement, family and more, while securing and protecting our bag.

We fill in the gaps and knowledge to help guide our clients towards the goals that THEY want - not what they think they should want. This isn’t your parents’ financial advice!

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

Transcript
Katelyn Magnuson:

So let's talk about what I mean by money.

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Talk for real people.

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Now, a lot of us have encountered countless professionals, right?

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Lawyers, accountants, parents, other people that mean well,

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but maybe they don't break down.

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All the finances and money in the way that actually makes sense for the average

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person and with the way that they work and the words they use, it's not relatable.

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You have a tough time understanding what they're saying maybe, or just

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really being able to put what they're saying into practice for yourself.

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So here we are dropping the shame we're dropping the guilt.

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We are deconstructing all the internalized shit that you have around money and your

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business and your personal life and your relationships with your friendships.

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You know, if you're still in corporate, like we are breaking down those

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money barriers and we're having real conversations for real people about money.

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So.

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Our whole mission here is to remove the stigma . You know, I know that

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there's the saying that there is no stupid questions and I don't think

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that there are stupid questions.

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I think that we , very frequently end up with answers that don't make

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sense or answers that aren't ideal.

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And so here, we're working to break them down into bite-size

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pieces that are actionable.

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If you're a business owner, if you have a side hustle, It's time to stop

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putting your business on the back burner.

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And for many of us, what that looks like is focusing on the money, because

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for pretty much all of us, I'm sure we're in this for the money at the

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end of the day, you know, you're not here to be doing something.

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Yes, you can have philanthropic desires and I'm all about that.

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I am here for it, but we're in business to solve a problem, to

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make money and I sure as fuck.

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Hope do something fun while we're at it, right.

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We want to make an impact, make some money and have some fun doing it.

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So why do so many of us spend time just tiptoeing around the money in our

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business and in our personal lives.

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So we're going to focus on how to stop, ignoring your money, how to stop

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burying your head in the sand, how this is going to change your business.

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It's going to change your personal life.

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By making you more profitable by actually understanding your

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numbers by being able to make.

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Competent educated financial decisions and move your business and your personal

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life and your financial goals forward.

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Now you buying into all of this and you taking control of your finances is going

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to change how you show up in your life.

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It's going to change how you show up in your business and your

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relationships with your friends as a parent, as a human being,

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because you're going to have energy, excitement, clarity, and confidence.

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Hence the title confidence when it comes to dealing with your money.

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That is what I'm all about here.

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And we are going to shift the narrative when it comes to talking

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about money and making it fun.

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Now, how do we shift this?

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When it comes to a lot of our least favorite areas such as taxes, how are we

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looking at, you know, paving the way for.

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Setting ourselves up for success.

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How are we realizing that within reason paying more in taxes is actually a

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good thing, because if you're doing everything correctly, it means that

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you've made significantly more profit.

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If you're paying significantly more in taxes.

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Now, again, we'll talk about, you know, strategies and S-corp elections and things

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that you could be doing that make, you know, most of us just kind of want to

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glaze our eyes over, but we're going to make it really digestible so that you

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can have action steps to move forward.

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with confidence in your business because it's time to stop

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burying your head in the sand.

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And it is time to understand that we're going to package it up with

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the dessert side of it, right?

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Like I'm here to tell you the great things, the sexy things, the things that

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we really like that come with money.

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However, we're also going to have the vegetables business coaches

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are not teaching all of the foundations that you need to know.

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For your business finances and to understand your accounting

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and your bookkeeping.

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And in this season, we're actually going to dive specifically into that,

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how to be doing your bookkeeping, your accounting, understanding your

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registration with confidence so that you can make decisions to move forward that

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you know, are the right path for you.

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So we're all in business to make money.

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We want to secure our financial futures and we want to

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understand how to build wealth.

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So when it comes to wealth building, we're going to talk about

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this in a lot of different ways.

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There's wealth building in your business.

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There's wealth building in investing in yourself.

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There's wealth building.

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When it comes to your retirement to your families.

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If you choose to have one, you know, if you choose to have children,

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if you decide to get married, how do we make sure that we are owning

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what is ours and moving forward with confidence, but also, still protecting.

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You know, securing our bag, right?

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So this is a really new topic, which I know sounds ridiculous, but it's only

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been 50 years since women have been able to get checking accounts on their own.

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Women were first able to get checking accounts on their own and

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the 1970s, which is shocking that was the decade, my mother was born.

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Which means that for a lot of us, our grandmothers weren't able to

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have their own checking accounts until they were having children.

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Now think of the situation that, that can put you in.

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The lack of power that a lot of us had had.

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Money can be freedom.

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It can be freedom of choice.

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It can be opportunity.

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It can be.

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The ability to leave a situation that's not healthy.

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So we're here to deconstruct that and to understand what we need to

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be talking about, what metrics we need to be looking at and building

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confidence so that we are able to live our most fully expressed life.

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I believe firmly that money makes us more of who we are.

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Not less.

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It further allows us to express our truest selves and it allows us to

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live a life that we are most aligned.

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Does that mean that if you are, you know, if you're not rich, if

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you're not wealthy that you can't make an impact on this world?

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Absolutely not.

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However can you snowball that effect when you have more money, can you

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live a life that allows you to donate to more causes to, , move forward?

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Things that you want to see put in place, you know, efforts that you

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want to see changed passion projects that you really feel just absolutely.

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That you embodying your core.

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Yes.

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So for those of you wondering.

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I'm Katelyn Magnuson and I run a full-service financial

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accounting and educational firm.

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I, I love what I do.

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I love what I do.

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, we have a team here now of six employees plus contractors,

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, which is absolutely insane.

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, and we are working on the premise that we're building an

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organization that has no shame.

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That creates custom plans for our clients that allows them to move

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their business and their lives in the direction that they want to drive.

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Now, for some of them that may be a digital nomad.

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For some of them that may be a white fence, you know, two and a half

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kids, the house, the whole thing for some that may be, being a cool

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auntie or whatever, lights them up, but we spend time listening to them.

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Understanding where they're at or where they've come from and where they want

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to end up, whether it's in the next three years, five years, 10 years,

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30 years, some people don't know and that's fine, but where can we help

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fill in the gaps in the knowledge to guide them towards what they want,

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not what we think they should want or what society thinks they should want.

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And for a lot of us.

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There's a debt that we have to talk about, which we'll dive into

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in here, because I have kind of an unconventional take on debt.

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I'm very, this is not a Dave Ramsey fan podcast.

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, this is not your parents' financial advice.

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These money talks that we're having.

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This is going to be like talking to your best friend turned accountant.

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So if you're ready, Buckle up because we have a lot coming

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About the Podcast

Wealth Witches
Where financial empowerment meets magic!
Welcome to the Wealth Witches™ podcast, where financial empowerment meets magic! I'm Katelyn Magnuson, your guide on this enchanted journey to holistic wealth and prosperity. Here, we honor all identities and invoke our inner witches to create a community where everyone feels welcome and inspired.

Formerly known as the Confident Money podcast, we've transformed into Wealth Witches™ with Katelyn Magnuson. This change is about embracing the once-taboo topics of money and magic, blending them into a powerful mix of practical advice and mystical insights. Whether you're here for financial tips or to explore the magical side of life, this podcast is your new home.

What can you expect from Wealth Witches™? We combine actionable financial advice with a holistic approach to life. You'll hear from guests like astrologers, neurodivergent business owners, and magical creatives, discussing everything from business requirements to the latest trends in holistic wealth. We're breaking down the barriers that make finance feel dry and inaccessible, making it exciting and relevant to your life.

This podcast is for anyone who feels out of place in the traditional financial world. If you've ever felt like your interests in magic, human design, or holistic living didn't belong in a financial conversation, this is the podcast for you. We're here to tell you that you can embrace all parts of yourself and still be financially successful. We're not just talking about money – we're talking about creating a life of abundance and freedom. Our community is dynamic, diverse, and inclusive, and we want you to be a part of it.

Join us as we explore new ways to think about money and life. We're here to challenge the status quo and help you embrace your inner witch on your financial journey. Each episode is designed to inspire, educate, and empower you to take control of your financial destiny.

🔮 Wealth Witches™ Monthly Membership Program 🔮
Are you ready to take your financial journey to the next level? Join the Wealth Witches™ membership for exclusive access to live training sessions on money, taxes, retirement, and business support. You'll also gain entry to our inclusive community where you can connect with like-minded individuals and get even more out of your financial journey. We're a community of passionate, purpose-driven entrepreneurs who see creating wealth holistically rather than stuck in another crypto-bro investing black hole membership. Join today: www.thefreelancecfo.com/wealth-witches-podcast-member

Follow us on Instagram @WealthWitchesPodcast or drop us a message with your questions and episode requests. If you want more advice, visit our main Instagram @thefreelancecfo.

🌟 Enter to Win a Free Month of Wealth Witches™ Membership! 🌟
Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each quarter.

Stay magical and empowered, and remember, wealth isn't just about dollars in the bank – it's about creating abundance in all aspects of your life. Let's conjure some financial clarity together.

DISCLAIMER: This Podcast may receive compensation for promoting or recommending products or services through affiliate links. We only recommend products and services that we believe are of value to our listeners. The content provided in this podcast is for informational purposes only and does not constitute professional financial, accounting, or legal advice. Listeners are advised to consult with qualified professionals before making any financial decisions. The Freelance CFO is not responsible for any actions taken based on the information provided.

About your host

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Katelyn Magnuson

Katelyn, the driving force behind The Freelance CFO and creator of Wealth Witches, is revolutionizing accounting with a sprinkle of magic. With a decade of experience, she’s not your typical number cruncher. Her unique blend of expertise and approachability, infused with a touch of spiritual insight, has made her a go-to authority. Katelyn believes finance should be a stepping stone to success, not a barrier. With a judgment-free ethos, she simplifies complex financial topics, making them actionable for entrepreneurs and small businesses. Her ultimate goal? To empower you to manifest your authentic life—not a cookie-cutter one!