Wealth Witches
Wealth Witches
Podcast Description
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 ...
Podcast Insights
Content Themes
This podcast covers a diverse range of topics centered on wealth creation, personal finance strategies, and holistic living. Specific episodes have addressed navigating issues like student loans, budgeting for home purchases, and strategies for thriving during economic recessions. The focus is on practical and actionable insights tailored to a wide audience, including entrepreneurs and creatives.
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.
In this episode, Katelyn answers one of the most common (and most misunderstood) questions from entrepreneurs: how do you actually pay yourself?
She breaks down the differences between paying yourself as a sole proprietor, single-member LLC, partnership, and S-Corp. You’ll learn why owners draws are not payroll, why how you move the money doesn’t change your tax liability, and how to set up a consistent system that keeps your cash flow predictable.
The episode also covers when payroll is required, how S-Corp elections change the process, and why semi-monthly payroll may be more practical than biweekly. If you’ve ever worried you’re “doing it wrong” or avoided paying yourself because of tax confusion, this episode brings clarity and simplicity to the process.
Key Takeaways
- Owner’s draws are not payroll and do not count as business expenses.
- You pay taxes on profit whether you transfer the money to yourself or leave it in the business.
- Setting a consistent weekly or biweekly pay schedule reduces chaos.
- Sole proprietors and single-member LLCs have flexibility in how they pay themselves.
- S-Corps must run payroll to maximize tax benefits.
- Profit distributions and bonuses are handled differently than payroll wages.
Check out Gusto to simplify your payroll: https://thefreelancecfo.biz/gusto
🔮 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: http://www.thefreelancecfo.biz/wealth-witches-podcast-member
Thanks for Listening:
Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share! Follow us on Instagram@WealthWitchesPodcast or drop us a message with your questions and episode requests. Looking for more finance tips, visit our main Instagram@thefreelancecfo.
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Leave Us a Review:
Leave a 5-star review and include your IG handle to enter to win a free month of Wealth Witches Membership! 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.
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.
Music credit: Neon Fairies by Wolves
Disclaimer
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