Repeat after me, "I will not blindly listen to free financial advice!" We're talking advice like "oh, the market is down you shouldn't do _______" or "you got that much money in your settlement? you should do _________." Unless this money wizard friend of yours is willing to put their money where their mouth is and pay you back if their advice does not pan out, it is always best to avoid cookie-cutter advice. Get your advice from someone who will look at your unique situation through a holistic ...
Jul 06, 2022•10 min
With inflation surging, bitcoin at a shocking low, and an unstable stock market is there any safe way to invest our money these days? Inflation-proof I Bonds are all of the rage right now with the government offering a guaranteed 9.62% interest rate for the next 6 months. Should you jump on the I Bond bandwagon? Let's talk about it. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://...
Jun 29, 2022•10 min
How do you make it financially in Israel? This age-old question pops up daily on internet forums and in my inbox. On today's show, we are speaking with Nadav Ellinson, founder of Money By Design, which helps English-speaking Israelis learn how to understand money to design a better life for themselves in the holy land. No matter what stage of aliyah you are in, tune in to this episode for helpful strategies and tips for making the most of your money here. ----------------------------------------...
Jun 22, 2022•21 min
This week I am excited to share my interview with Ori Ben Shlomo, the founder and CEO of JGive. JGive makes giving charitable donations to Israeli charities and funds much easier both for those of us in Israel as well as for donors from abroad. If donating to Israeli charities has proven difficult in the past (we're talking hunting down people for receipts or having a seamless way to keep track and grow your charitable donations) JGive might just be the solution for you. I'd love to hear from yo...
Jun 15, 2022•20 min
Real estate is always a good investment - right? On today's show, we are talking about the common misconception, particularly here in Israel, that it's a good idea to invest all of your money in the real estate market. We go deep into the many fallacies in this way of thinking and why it's incredibly important to have a well-rounded financial action plan. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsm...
Jun 08, 2022•8 min
On the show today we are talking about what to do to prepare financially for the death of a spouse and the steps you need to take immediately afterward. This is not an easy topic for anyone, but do yourself a favor and please take a few minutes to listen through to the end, take some notes, and take action today to make sure your loved ones are cared for. Wishing you a long healthy life full of wealth and love. ---------------------------------------------------------------------------------- SO...
Jun 01, 2022•8 min
This show is for you olim - and soon to be olim! I am joined this week by Aaron Shuchatowitz of aliyahmoneytips.com to discuss all things - you guessed it - Aliyah and MONEY. Whether you have been around here for a few years or have been dreaming about making aliyah but are not sure if you can make it work financially, we talk about it all from pre-aliyah tips and budgeting to staying safe when transferring money and real estate. 0:00 Introduction 3:00 The most popular financial issues for olim ...
May 18, 2022•20 min
What do you need to do - financially speaking - to plan for a successful aliyah? On today's show, we're going through some of the biggest financial decisions you need to start considering NOW before you pack up your life and make the big move. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ -----...
May 11, 2022•9 min
What does true FREEDOM mean to you? With Israel's Independence Day nearly upon us, I would like to take the opportunity today to discuss YOUR financial independence. Put yourself to the test and let me know in the comments below where you are holding when it comes to these 6 financial freedom indicators. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman Link...
May 04, 2022•7 min
What's my best advice for dealing with inflation? PANIC of course! In all seriousness, on today's show, I am sharing with you my best advice regarding what to do with your medium to long-term savings during an inflation period. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ ---------------------...
Apr 27, 2022•6 min
I see this time and time again: people counting down the days until their retirement only to realize that "travel" is not a full-time retirement plan. Now is the time to actually think about what you want to do to fill up your time in retirement. What will your day-to-day look like? Which friends do you want to spend time with? How often do you want to be with family? Are you going to volunteer? Work part-time? How often do you want to travel? The possibilities are endless! So the time to make t...
Apr 20, 2022•8 min
This week I am joined by the incomparable Neale Sheila Godfrey to get down to the nitty-gritty about what we can really do to raise a generation of financially literate and fiscally responsible people. Neale has dedicated her life to empowering others (families in particular!) to take control of their financial life. Want even more from Neale? She has authored 28 books including her most recent publication Be Money Smart In Tough Times: For Parents and Grandparents (to purchase see the show note...
Apr 13, 2022•27 min
There are so many different reasons for pushing off saving for retirement (and trust me - I have heard them ALL), but is there a magical cut-off date that makes it officially "too late"? My friends, I'm here to tell you that as long as you are able to work, in any capacity, you can still save for retirement. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman ...
Apr 06, 2022•9 min
We all have dreams about what our retirement will look like one day, but are you really ready for it? Today I am sharing with you the 3 biggest mistakes I see people making with their money in retirement and how to avoid them for a secure financial future. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6...
Mar 30, 2022•9 min
In case you have not been in the loop until now, let me bring you in: the stock market is DOWN. Hearing this usually elicits a feeling of panic in investors, but if you are an informed seasoned investor you will know that the stock market does go down, but as history teaches us, it also goes back up again. Take advantage of this time to get in the game. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsman...
Mar 23, 2022•12 min
Do you ever feel like something about your money is not "working"? That feeling that something isn't quite right but you can't articulate what exactly that internal dialogue is that's going on inside of you. If you have been around here for a while, you understand the benefits of hiring a financial ADVISOR but is it possible that a financial THERAPIST could help you out in this situation? Our guest this week is none other than Simi Mandelbaum the Founder and CEO of PROSPR Financial Wellness, a c...
Mar 16, 2022•23 min
On our show, we often talk about how to save for retirement, the actionable steps you need to take, and how to get started. Today's show is going to be a little bit different as we are discussing how you can expect to actually SPEND that money once you are retired. How will your spending be different from your pre-retirement days? What sort of income can you expect from your pension/any work you may do post-retirement? -----------------------------------------------------------------------------...
Mar 09, 2022•11 min
On today's show, I'm laying it all out for you: why you should prioritize estate planning and drafting a will(especially in Israel), practical tips for keeping track of your accounts both for yourself and your partner, and the steps you should take to get the ball rolling. And of course, do not forget to consult with an attorney in this process. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twit...
Mar 02, 2022•11 min
So what's the big secret to building wealth you ask? The good news is it may be more simple than you think. On this week's show, I'm sharing a few simple ACTIONABLE steps you can take to build your wealth the right way. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ -----------------------------...
Feb 23, 2022•11 min
While The Tinder Swindler has taken over the world of Netflix, there are actual real-life applications that you can learn from the unfortunate mistakes made by these women. Join me on this week's show as we get into avoiding "romance fraud." ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ -------...
Feb 16, 2022•13 min
How well versed are you in "financial speak." In today's show, I will be giving you a deep dive into FOUR necessary financial terms you should know (no more smiling and nodding for you!). ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ -------------------------------------------------------------...
Feb 09, 2022•14 min
Calling all of you DIY investors: how do you know if it's time to bring in the professionals? On this week's show, I'm talking through some real-life examples that have happened recently to help us understand why it's not always the best to go at this on your own. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-k...
Feb 02, 2022•11 min
This week we are speaking with Marriage and Family Therapist and Relationship Coach Micki Lavin-Pell about MONEY and RELATIONSHIPS. At what point in your relationship should you start bringing up money and your views on money? How can you reconcile differences in opinion when it comes to money? How do you get on the same page? All of your questions will be answered on this week's show! ------------------------------------------------------------------------ ABOUT OUR GUEST: Micki Lavin-Pell, MS,...
Jan 26, 2022•17 min
We all know how important investing is for a successful financial future, so what does that mean for your money that is intended for a down payment? On this week's show, I'm giving you my wise - but possibly unpopular - opinion of what your next steps should be with that pile of cash. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.li...
Jan 19, 2022•9 min
Believe it or not, but receiving a substantial inheritance can leave you worse off than you started if you do not plan accordingly. On this week's show, I'm sharing with you the importance of TAKING YOUR TIME before making financial decisions. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ -----...
Jan 12, 2022•11 min
Let's set aside for a moment the debate of whether or not the FIRE movement is even "worth it" and let's think about what a meaningful retirement actually means to us. From what I've been reading about those who advocate for the FIRE movement, I would argue that it is time for us to evaluate as a society what it means to simply live a meaningful LIFE. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC...
Jan 05, 2022•10 min
To err is human, but what's most important to remember as these inevitable setbacks come is to LEARN as we move forward. When it comes to our investing mistakes, we want to avoid becoming - what I like to call - a "repeat offender." We want to prevent ourselves from making the same mistakes over, and over, AND OVER again. Today I am sharing a few tips to help us all stay on track and make the most of our past financial blunders. -------------------------------------------------------------------...
Dec 22, 2021•11 min
While I'm not an accountant - nor do I play one on TV - today we are talking about tax-loss selling. Many of us have experienced significant market gains over the past year, but there are always inevitable losses - which if handled correctly we can actually profit from. Listen in on this week's show to learn all about it (and please speak to your accountant!). ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/Aaron...
Dec 15, 2021•10 min
Why should you diversify your portfolio? This is a question I get asked all the time. Why can't you just invest it all in index funds and be done with it? Let's take a look together to see what the top-performing stocks have been over the past 15 years to see the true importance of diversification. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: ...
Dec 08, 2021•8 min
Most of us rationally know that stocks do not innately hold sentimental value. Why is it then that most of us are hesitant to sell or adjust an inherited portfolio? On today's show, we are talking about thinking rationally about how an inherited portfolio can serve us best. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/...
Dec 01, 2021•8 min
