052 Stacy Francis

In this episode of the Midlife Makeover show, the host discusses the importance of discussing money and feeling comfortable with it, especially in relationships and during divorce. The guest, Stacey Francis, shares her mission to empower clients financially and personally. Key takeaways include the importance of learning about money, the likelihood of women making financial decisions on their own, the benefits of understanding finances during divorce, the recommended savings rate, and the need to plan for older age. The guest's website and podcast are also mentioned. Hello everyone! Welcome back to the Midlife Makeover show. I hope you are enjoying your holiday season wherever you are in the world and however you celebrate. A lot of us might be celebrating the holiday season by spending money on gifts, myself included. Maybe a little too much. Anyways, today's episode will fit in nicely since it's all about money, honey. Money can be one of those touchy subjects to discuss, much like politics or religion, but it doesn't need to be. Money is obviously a part of our lives and it's something that we need to feel comfortable discussing. Not just here on the show, but in our relationships. Most importantly, with our spouses. And if you're going through a divorce, then you're soon to be ex-spouse. The more you lean into learning about money, the more confident and comfortable you will be. Gaining knowledge and wisdom about your finances will help put your mind at ease about your future. Since most of us here are in the second half of our lives, it's imperative that we prepare our finances so we can enjoy the second half to the fullest. And you guys know that's what I'm all about. I thoroughly enjoyed my conversation with our guest today and I love the mission of her company, which is our mission is to improve the lives of our clients through financial and personal empowerment. I love that. We guarantee to do everything in our power to make sure you're financially secure and on track and we promise to be with you every step of the way. What an awesome mission. I really think that is great. Before we dive in, make sure you sign up for The Midlife News at TheMidlifeNews.com to receive insider alerts on new episodes, live shows, free workshops, and special offers. As a bonus, you'll receive your free Midlife Makeover Toolkit and a $50 coupon to the Midlife Makeover Method online course. Okay, and now let me introduce you to Stacey. She is the President and CEO of Francis Financial, a fee-only boutique, wealth management, financial planning, and divorce financial planning firm dedicated to providing ongoing comprehensive advice for successful individuals, couples, and women in transition, such as divorce or widowhood. She is a certified financial planner, certified divorce financial analyst, and certified estate and trust specialist with over 20 years of experience in the financial industry. Stacey is also the founder of the nonprofit Savvy Ladies, host of the Financially Ever After podcast, and the author of the white paper unveiling the unspoken truth, the financial challenges women face during and after divorce, and financial help for widows. A complete resource guide. Wow, what an amazing woman. Okay, here we go. Here is Stacey Francis. And now for the nuggets of midlife wisdom from today's show. Number one, the more you lean into it and the more you learn about money, the much more confident and comfortable you will be. Number two, eight out of ten women at some point in their life will be on their own making financial decisions without a partner. Number three, the more knowledge you have, the more confident you're going to feel about whether or not you need to move on from the relationship. Number four, the individuals that do best through a divorce are those that have a better understanding of the finances. Number five, you should be putting away 15 to 20 percent of your post-tax income each year. Ooh, I need to get started on that. Okay, number six, do you love your 95 year old self as much as you love yourself now? Make sure you take care of your older self. Number seven, check out SavvyLadies.com for tons of fabulous free resources. Thank you so much, Stacey, for being on the show. You are such a beautiful and inspiring woman. Everyone, make sure you check out her website at FrancisFinancial.com and her podcast at Financially Ever After. All the links are also in the show notes. Okay, midlifers, enjoy the rest of your week. Don't do too much damage Christmas shopping. I think that comment was meant for myself. Anyways, get out there and be bold, be free, be you.