If you get a raise, or take a distribution on a huge stock, or win the lottery, the first thing you do is celebrate. Obviously. The next thing you do is ask yourself: what do I do now? Or, better yet: what do I do now that will make this money grow into more money? That's what today’s Money Rehabber is asking herself, and Nicole helps her find answers.
Aug 29, 2024•35 min
There are a whole lot of options for financing when you’re buying a house, but not all options are created equal. So today, Nicole talks to Dave Meyer (Head of Real Estate Investing & Podcast Host at BiggerPockets), about five real estate moves that get billed as savvy ways to make homeownership more affordable: FHA Loans, Seller Financing, Foreclosed Homes, HELOCs and DSCRs. Nicole and Dave first decode those terms and then they talk through whether these moves really are as savvy as they s...
Aug 28, 2024•44 min
When today's guest talks about his business, you're going to wish you started it. Today, Nicole is talking to Jonas Frey, who founded Appointment Trader— a company that buys and sells coveted reservations at restaurants, on golf courses, and more. Nicole and Jonas talk about how Jonas used rent money to start this company, how the DMV inspired his business idea… and what the critics are saying. Check out Appointment Trader here: https://appointmenttrader.com/ All investing involves the risk of l...
Aug 27, 2024•51 min
Nicole is joined today by Oz Pearlman, "The Wall Street Mentalist," who left his comfortable finance job to take a big bet on himself. He shares what steps he would recommend anyone else take before making the same leap themselves. Plus, Oz does a magic trick over Zoom that blew Nicole's mind... you have to hear this one to believe it!
Aug 26, 2024•30 min
Even if you don’t work on Wall Street, if you want to be a savvy investor, or, even if you just own a car, you need to understand the oil market. Today, Nicole is decoding that sector with a legend in the oil trading world, Mark Fisher, CEO of MBF Clearing Corp. Mark explains how to understand the oil market, how the election will affect the industry, and how the war in the Middle East will affect the price of oil. For more of Mark's work, click here: https://www.mbfcc.com/ceobio.html
Aug 23, 2024•32 min
Rumor has it that anyone can call up their credit card company and ask them to waive the annual fee as a retention offer. Nicole puts this to the test and brings you along for the ride. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this accoun...
Aug 22, 2024•30 min
Is it possible to take a "gap year" without falling behind in your career? Ania Smith says with careful planning, it is. In fact, Ania says the gap year she took with her family helped deepen a skillset that has benefitted her in her job as the CEO of Taskrabbit. Today, she tells Nicole how she and her husband prepped and budgeted for their gap year and the incredible point system they use to make sure that family comes first; and then, Ania and Nicole dive into all things Taskrabbit, including ...
Aug 21, 2024•43 min
If the algorithm has been feeding you "get rich quick" content, you've probably seen videos about the Range Rover Loophole, also known as the G Wagon write-off. But can you actually get a tax write-off for a luxury car? Nicole explains. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a H...
Aug 20, 2024•11 min
Kim Alexis is a nutrition guru, but she started her career as one of the first supermodels— and managing the financial side of that did not come with an instruction manual. Today, Nicole and Kim talk about what it felt like to hit it big so young, to live in the infamous model apartments, and the money challenges that came when people in her life took advantage. And lastly: the easiest way someone can take the reins of their financial life— even when imposter syndrome strikes. Want to start inve...
Aug 19, 2024•26 min
Nicole got a weird email, and that’s all we’re going to tell you here. You’ll have to listen to get the full story… and it’s a doozy. Originally aired: 10.22.21 All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically depos...
Aug 16, 2024•23 min
Originally aired 1/21/2022 Money Rehabber Jen put together this listener intervention for her bestie Chris, who is about to come into some inheritance. He’s thinking he’ll use that money to buy a house in cash… but should he? Today, Nicole steps in to help make the game plan. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA...
Aug 16, 2024•21 min
Nicole talks a lot about how investing can help you grow wealth… but you know how you keep wealth? Smart tax strategy. Sure, tax talk can feel stressful, but the more we can bring ourselves to face it head-on, the more money we can keep in our pockets. Today, Nicole talks taxes with Bill Harris, who has held senior leadership positions at a handful of big fintech companies (PayPal, Intuit and TurboTax, Nirvana Money, One, and now Evergreen Money). In this episode, they talk about the tax tips an...
Aug 15, 2024•41 min
Picture this: you have a job at a company with 401(k) benefits and then... you quit (or the job quits you). The good news is that money is still yours. But the retirement fairy won't just come and leave your 401(k) under your pillow. Nicole outlines the steps you need to take after leaving a job to make sure that your 401(k) is still working for you. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in...
Aug 14, 2024•8 min
We've been told that supply and demand is the major principle of economics; but Doug Howarth says that's only a piece of a larger puzzle. Doug is an economist who pioneered a new economic model he calls Hypernomics. Today we talk about how his model has helped restaurants make more money, NASA and can even help us the next time we invest. Find more of Doug's work here: https://www.doughowarth.com/ All investing involves the risk of loss, including loss of principal. Brokerage services for US-lis...
Aug 13, 2024•45 min
Iliza Shlesinger is one of the most accomplished and talented comedians in the world and today, she comes on the show to talk comic-onomics, the economics of comedy. Iliza tells Nicole about the money lessons she's learned throughout her career, how she's avoided the temptations around keeping up with the Joneses and the easy hack she uses to save extra money. Check out Iliza on tour! Find when she's coming to your city here: https://iliza.com/pages/tour-dates All investing involves the risk of ...
Aug 12, 2024•43 min
Today Nicole talks to a Money Rehabber who has never invested in bonds… and isn’t sure if she should. Nicole explains how bonds work, what they offer, why bonds are at stellar rates right now— and even takes the listener through the steps of buying a bond. If you want to follow along at home and explore bond offerings on Nicole's favorite platform, go to public.com/moneyrehab All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securi...
Aug 09, 2024•23 min
In the wake of Monday's market madness, the #1 question Nicole has been getting from Money Rehabbers has been: is now a good time to buy stocks? To tackle that question, Nicole calls up Kevin Simpson (Founder and CEO of Capital Wealth Planning). Nicole and Kevin talk about whether we should start prepping for a recession, whether to buy or sell stocks right now and what Warren Buffett is up to. To find more of Kevin's work, including his book Walk Toward Wealth, click here: https://capitalwealth...
Aug 08, 2024•35 min
After Monday's stock market tumble, you might be asking yourself: what the heck is going on? Nicole is answering just that with the help of Dr. Shane Shepherd (Assistant Professor of Finance and Business Economics and the Academic Director for the Master of Science in Finance Program program at USC). Dr. Shepherd and Nicole talk about the unexpected factors that led to the market dip, how to protect your portfolio, and whether we're headed for a recession. Find more of Dr. Shepherd's work here: ...
Aug 07, 2024•33 min
So... what the heck happened yesterday? Today, Nicole is joined by stockbroker and podcast host Peter Tuchman to decode yesterday's market dip. To subscribe to Peter's podcast, click here: https://link.chtbl.com/63Zpqkvs All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash A...
Aug 06, 2024•12 min
Your credit report is like your financial report card: it can really affect your financial future if you’re not acing your credit score. Today, a Money Rehabber who isn’t happy with their credit score calls up Nicole to get a strategy to improve it. The result? Nicole shows her a tool that could raise her low credit score by an average of 21 points in just three days. Join today’s Money Rehabber and give your credit score some love! If your credit score is 619 or lower, you can sign-up for Credi...
Aug 05, 2024•28 min
Today, we’re talking about funny business. Not like the Sam-Bankman-Fried-on-trial-for-fraud, funny business. But legit funny business. The business of comedy. And to break down everything you want to know about how you can be paid to be hilarious, Nicole talks to Josh Johnson, standup comedian and writer on The Daily Show. See Josh on tour! Find tickets for his upcoming shows here: https://www.joshjohnsoncomedy.com/tour All investing involves the risk of loss, including loss of principal. Broke...
Aug 01, 2024•41 min
Today, Nicole explains five opportunities to build passive income, the benefits of these five income streams, and what to watch out for. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks ...
Jul 31, 2024•12 min
Last year, Nicole had a medical scare... which only got scarier when the bills started rolling in. Today, Nicole shares how she negotiated her medical bills and takes you behind the scenes of a real conversation she had with a medical provider. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing of...
Jul 30, 2024•15 min
Money problems in relationships can be sneaky. Problems don't always arise from big juicy secrets. Sometimes they arise when a couple is super compatible and in love— but just has different expectations on money and work. Nicole answers a question from a listener struggling with that exact problem, and gives three solutions. Here is the episode on calculating your target retirement nest egg Nicole mentioned: https://link.chtbl.com/vRoxmrAe Here is the episode on asking for a raise: https://link....
Jul 29, 2024•10 min
Have you ever had a hard day at work and struggled to pick yourself up by the bootstraps… or, whatever cliches people use to basically say: ignore what you’re feeling and get over it. If that approach has ever made you feel worse… you’re right. Nicole sits down with Dr. Susan David, a renowned psychologist whose work shows that ignoring your feelings does not help you in the workplace - or anywhere else, for that matter. In this episode, Dr. David shares what you should do instead. Want to start...
Jul 26, 2024•50 min
A recent study done by Credit Karma found that nearly one-third of Americans grapple with money dysmorphia— a state of distorted perception of one's financial health, caused by the relentless comparison with depictions of wealth online. Today, Nicole unpacks the biggest source of this condition and how we can cure it ourselves. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed accoun...
Jul 25, 2024•11 min
Nicole sits down with Candace Nelson, co-founder of Sprinkles (the world’s first cupcake bakery), and Pizzana (a chain of Neo-Neapolitan pizzerias). Chef’s kiss! Nicole and Candace talk about how founders can carve out space for their companies in the food industry, and what lessons from Candaces’ cupcake MBA we can apply to any business. You can find Candace's book here: https://candace-nelson.com/sweet-success/ All investing involves the risk of loss, including loss of principal. Brokerage ser...
Jul 24, 2024•28 min•Season 1Ep. 399
We assume that the Olympic Games bring a sweet economic benefit to the host country. The truth is that the lucrative financial picture is questionable at best. Nicole follows the money trail of the Olympics and unpacks some of the biggest expenses and why some countries go bankrupt over the games. Plus, she shares a financial solution that may change the Olympics forever. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities...
Jul 22, 2024•10 min
Kylie Jenner set her five-year-old daughter Stormi up to have $14 million tax-free dollars in retirement using a loophole that you can use, too! No, you do not need to be a Kardashian-Jenner, or have a million bucks, to make your children millionaires. All you need to do is make this one money move. Nicole explains. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offere...
Jul 19, 2024•11 min
The business of sports is going through a revolution— and the transformation is perhaps the most dramatic at the WNBA. Today Nicole speaks to Nneka Ogwumike, a player for the LA Sparks and the President of the WNBA Players Association. Nicole and Nneka talk about the growth of the WNBA, why being compared to the NBA isn’t actually helpful, and the difficult position these players are in after Britney Griner was held in Russia. Plus, Nneka gives advice for negotiating that she's put to work for h...
Jul 18, 2024•26 min