You Don’t Need Another Product—You Need a Plan w/ Katie Schmid

In this episode, we sit down with Katie to break down what financial planning actually means—and why so many people mistake having accounts, savings, or income for having a real plan.We dive into Katie’s journey into financial advising, how her own relationship with money evolved, and why the role of a financial advisor is often misunderstood.We also unpack the difference between simply “having stuff” like a 401(k), investments, or multiple accounts versus having a strategy that supports your real life now and your future goals.For entrepreneurs, business owners, and anyone with inconsistent income, Katie shares how to plan when cash flow changes month to month—and why the mindset of “I can always make more money” can quietly create financial stress.We also discuss how money impacts relationships, why financial planning shouldn’t be a solo sport, and what changes when people finally get clarity and support.This episode is for anyone who feels behind, overwhelmed, successful-but-disorganized, or ready to create more peace around money.In This Episode:How Katie became a financial advisorThe myths people believe about financial advisorsWhy having investments isn’t the same as having a planWhere to start if finances feel overwhelmingFinancial strategies for entrepreneurs & variable incomeBalancing future planning with enjoying life nowHow money affects relationshipsWhat financial planning gives you beyond numbersQuick money wins and common mistakes to avoidConnect with Katie:[email protected]: @heyitskatieschmidhttps://www.primerica.com/kschmidConnect with Emily:[email protected]: @nourishedwithemilyNourishedwithemily.com