Why is Gen Z throwing up their hands and saying they can't achieve the American or Israeli dream? In this video, I break down why this defeatist mentality is flawed and share practical tips to get ahead financially, even in today's "expensive" climate. From embracing side hustles to living responsibly (but not miserably!), let's dig into the real talk you need to conquer your goals. ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/...
May 15, 2024•10 min
As Israel celebrates its 76th Independence Day, it's time to talk about YOUR financial independence! In this insightful episode, I share practical tips and strategies to help you break free from debt, build a solid savings plan, and pave the way towards true financial freedom. Don't miss this opportunity to finally take control of your finances – watch or listen to the full episode now! ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook....
May 08, 2024•11 min
Are you tired of your adult children running to you every time they find themselves in a financial pickle? In this no-nonsense video, I shatter the excuses and provide practical tips to help your offspring achieve true financial independence. From cutting the umbilical cord to instilling healthy money habits, this video is a tough-love wake-up call for both parents and their financially dependent children. ________________________________________________________________ SOCIAL LINKS: Facebook: h...
May 01, 2024•9 min
Tired of the endless rants about the rich getting richer and the perceived lack of opportunities? In this video, I break down how even those on a low salary can become millionaires through patience, disciplined investing, and a positive mindset. My no-nonsense approach dismantles excuses and offers a refreshing perspective on building long-term wealth. Brace yourself for some tough love and practical insights. ________________________________________________________________ SOCIAL LINKS: Faceboo...
Apr 24, 2024•12 min
Excuse me while I take a few minutes to vent. Am I the only one triggered by Biden's student loan forgiveness plan and other financial breaks that the rest of us tax-paying citizens have to pay for? I break down how these policies are actually unfair and stick it to responsible people who play by the rules. But hey, listen in and let me know your thoughts too and maybe we can start ranting together. ________________________________________________________________ SOCIAL LINKS: Facebook: https://...
Apr 17, 2024•9 min
Tired of hearing people complain about not having enough money? You're not alone. There's a straightforward solution that a lot don't want to hear. It's time for a dose of tough love. The secret's out and it's just 4 letters: W-O-R-K. Yup, that's the game-changer right there. In an era of financial strain, the classic strategy of hard work still stands strong. Complaining never paid the bills, but working sure does! ________________________________________________________________ SOCIAL LINKS: F...
Apr 10, 2024•9 min
Gray divorce (aka divorce after 50) is on the rise, but have aging couples done the math? Before racing to halve your retirement savings, let's run the numbers on whether you can actually get by on early bird specials and Social Security. What key financial precautions should you consider when making this critical lifestyle change after 50? Tune in to get the senior divorce advice no one talks about. ________________________________________________________________ SOCIAL LINKS: Facebook: https:/...
Apr 03, 2024•10 min
Look folks, let's get real here - returning that $150 from your $300 Amazon splurge doesn't mean you "made $150." No matter how you spin the math, it's not true wealth creation. The slow and boring path wins the race towards financial freedom: spend less than your income, then let compound interest work its magic through smart, straightforward investments. Forget the too-good-to-be-true schemes plastered all over TikTok. Stick with me and my "snore-fest" money advice. While it may not wow the so...
Mar 27, 2024•6 min
Planning for retirement encompasses so much more than just building a nest egg. Don't get me wrong, ensuring you've got the finances is crucial—no one dreams of a "beans and rice" retirement—but let's talk about the other, often overlooked, side of retiring, actually living your life. Many waltz into my office dreaming of back-to-back trips post-retirement. While that's exciting, it brings up a crucial question: What will you do with the 43 weeks left in the year? Travel is a small part of your ...
Mar 20, 2024•8 min
Should we spend or should we save? It's a debate that gets everyone fired up in the personal finance realm. But there's more nuance to it than just simplistic frugality. In this week's video, we're discussing it all from a lens of strategy and insight - including how to balance our own wants and needs as well as contributing to society at large. ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www....
Mar 13, 2024•8 min
Sick of hearing people complain about money but never make a change? I'm challenging you to stop whining and take action. In this week's video, I share why it's important to turn off Netflix, put down your phone, and start building the supplemental income stream you've always dreamed about. You CAN reinvent yourself financially - if you're willing to put in the effort. ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC...
Mar 06, 2024•9 min
This week I'm sharing a story that explains exactly why it's so important to figure out if an investment is suitable for your personal financial situation before jumping in. Even if it looks great on paper, the same opportunity can be either a bonanza or a disaster depending on your age, net worth, income needs, and risk tolerance. I’ll walk through a real case where the same real estate deal was a phenomenal fit for one woman but threatened the retirement lifestyle of her parents. Understanding...
Feb 28, 2024•8 min
Despite the stir caused by Moody's recent cut to Israel's credit rating, let me show you why it's not as dire as it seems. On today's show, I'll explain why I believe Israel is on its way to an economic boom. With pent-up consumer demand, upcoming interest rate cuts, and a potential real estate surge, I'm bullish on Israel's future! ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www.linkedin.com/...
Feb 14, 2024•10 min
Recently, I came across a blog that I found incredibly problematic - one that viewed children solely as financial burdens. While budgeting for additional expenses is reasonable, the prevailing attitude that kids will "ruin retirement plans" or prevent early retirement is sadly misguided. There's more to life than accumulating wealth or retiring early. Children represent the continuity of the human race and provide priceless rewards. So while kids certainly require financial responsibility, don't...
Feb 07, 2024•9 min
Doctors may have a reputation for being bad with money, but it's not entirely their fault. After a decade of post-grad education, they emerge riddled with student debt to the point where they feel like debt is the norm. Still, they aren't hopeless cases! In this video, I have a real talk with a doctor friend about the common money mistakes those in the medical field tend to make, like failing to budget and buying luxury items they can't yet afford. But I make the case that if this group of other...
Jan 31, 2024•10 min
What does it mean to be a millionaire? Nope! You don't need a million-dollar paycheck to get there. In this video I break down how anyone, even with the most modest income, can actually attain millionaire status over time. The bad news? I'm not going to share the latest "get rich quick" scheme or what the hottest TikTok investor is raving about right now. The truth is it just takes investing, saving, and building assets over time. I share some “boring” money steps that anyone can start taking no...
Jan 24, 2024•9 min
Can you believe it's been over two years since the market hit an all-time high? I'm absolutely dumbfounded by this fun fact ... cue the dramatic eye roll. As riveting as this statistic is, it's essentially meaningless for investors with their eyes on the long-term prize. I know it seems crazy that stocks have just been treading water at roughly the same levels for over two years now. But unless you own a magical crystal ball, trying to perfectly time market peaks and corrections is nothing more ...
Jan 17, 2024•7 min
If you don't want to end up moving in with your kids or scrimping to make ends meet, you need to know what NOT to do so you can actually enjoy your golden years. In this week's episode, we're going through the steps you need to take to avoid the major pitfalls around spending, investing, access, and more. So get your pen and paper ready to take notes on this episode packed with tips that will allow you to make your retirement about enjoying life, not pinching pennies. Get ready to learn the key ...
Jan 10, 2024•10 min
After a recent client meeting, I felt compelled to share with you the risks of having all your eggs in one basket - or rather - owning just one hot stock as your complete investment plan. I know we all get that itch to double down on winners, but as I have seen many times, letting one stock take over your portfolio can leave your finances scrambled like a bad omelet when that stock comes crashing down. I'm not saying we CAN'T make good money in hot stocks, but decades of data show diversificatio...
Jan 03, 2024•10 min
Oh sure, you just know you're gonna be the one to pick the next Amazon or Apple and crush the returns of the silly S&P 500 - I mean, how hard can it be? Trying to beat the market by picking winning stocks is incredibly hard, even for top financial professionals. The statistics show it's virtually impossible for regular investors to do better than index funds over the long run. Investing should not be about quick wins - it's about informed, strategic choices. As much as we love an underdog st...
Dec 27, 2023•10 min
Today we're talking all about stock market predictions—especially the doomsday ones. It is my strong belief that investing shouldn't be about chasing quick gains through speculation or that we should wait for years to invest out of fear of a supposed crash. Ten years of waiting for a market crash that doesn't happen means ten years of missed opportunities! Across decades, staying the course through market drops has paid off. Turn down the media noise, keep a steady hand, and invest in line with ...
Dec 20, 2023•10 min
Now is the time to take control of our financial situation and not when we turn 70. While our retirement years can be a time to relax and enjoy the fruits of our labor, fostering financial stability is crucial for that dream to come true. It's not too late to start saving and investing! ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ _____________________...
Dec 13, 2023•9 min
As we gear up for the festival of lights, let us not only look forward to delicious donuts (or raw broccoli for the health-conscious amongst us) but also seize this golden opportunity to offer an enriching educational journey for our children, one that weaves our cultural heritage with financial skills. Let's light up the Hanukiah, and also, the minds of our young ones. Happy Hanukkah! 🕎 ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.faceboo...
Dec 06, 2023•9 min
When it comes to receiving an inheritance and whether or not you should put it in a joint account with your spouse... do not ask your friends for advice. Don't even solely rely on the advice I give you in this video! First and foremost, speak to a financial professional and consider the entirety of your situation. Join me as we discuss how to make informed decisions about our inheritance! ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.faceboo...
Nov 29, 2023•7 min
Black Friday and Cyber Monday can be tantalizing with all the great deals they offer, but can we all stop for a moment and think about what we really NEED? Let's move beyond short-term retail therapy and toward long-term financial stability. It's time to make smart, responsible decisions that put our future selves first. After all, sales may come and go, but fiscal responsibility is always in season. ________________________________________________________________ SOCIAL LINKS: Facebook: https:/...
Nov 22, 2023•7 min
Have you ever regretted a pricey purchase that in the end brought only temporary joy? In this video, we're going to figure out together the balance between spending and saving that comes with building wealth. Remember, wealth isn't just about accumulating money, but about managing it effectively. ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ ___________...
Nov 15, 2023•8 min
When it comes to legacy planning, there are many approaches you can take. The big question that arises time and again is when should we start helping our children financially? Posthumously or during our lifetime when our kids might need it more? We're talking about it all on this week's show! ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ _______________...
Nov 08, 2023•9 min
It's November 1st, and while yes, there is a war going on, it is still important to start thinking about end-of-year financial planning. In this video, we will discuss steps you can take before December 31st to maximize tax efficiency, review your investment portfolio allocation, and take advantage of any other opportunities that may help you end your year financially on top. Get your finances in order before the new year starts - watch now! ______________________________________________________...
Nov 01, 2023•5 min
In the midst of dark times, the resilience and compassion of the people of Israel is shining brightly. Today I'm talking about the incredible acts of charity and kindness that have been spreading throughout the country. May the spirit of giving endure for years to come. ________________________________________________________________ SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ ______________________________________...
Oct 25, 2023•8 min
We here in Israel have been going through an emotional roller coaster over the past couple of weeks, and I wanted to share with you the bare bones of what we need to keep in mind financially during this time. What do you actually need to pay attention to financially? What can you do be be prepared for a crisis in the future? I hope you and your loved ones are all staying safe. Let's put out a collective prayer together for Am Yisrael 🇮🇱 _________________________________________________________...
Oct 18, 2023•8 min
