I’m going out on a limb today to say: No, I don't think “high interest rates” are the problem in today’s housing market. The “high interest rate” might be a bit of a red herring. So today, we’ll talk about how the current situation stacks up to years past, the strange upsides of higher interest rates, and the decision to rent or buy in 2024. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/rent-buy-2024 Learn more about your ad choices. Visit mega...
Jan 17, 2024•32 min•Season 2Ep. 163
Many of you wanted to know: What deductions can I look into to lower my tax burden if I’m not a business owner? We’re bringing back Tim Steffen, a CFA, CFP, and CPWA at Baird Wealth, for another Rich Girl Roundtable. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcript, show resour...
Jan 15, 2024•24 min•Season 2Ep. 162
The decision to negotiate even once creates an economic ripple effect in your life that researchers found means retirement up to eight years sooner. Start hair-spraying your combovers, people, because we’re talking about #TheArtOfTheDeal with this negotiation masterclass, featuring expert Kathryn Valentine of Worthmore Strategies. Transcripts, resources, production credits, and more can be found at: https://moneywithkatie.com/negotiation . Learn more about your ad choices. Visit megaphone.fm/adc...
Jan 10, 2024•39 min•Season 2Ep. 161
Trying to plan a group trip with friends who make wildly different incomes? We got you—here are Katie and Henah's best tips for balancing fun and financials. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcript, show resources, production credits and more can be found at https://mo...
Jan 08, 2024•19 min•Season 2Ep. 160
Comparison is human nature, so trying to prevent yourself from noticing all the success portrayed in your feeds and social circles is an uphill battle. Instead, learning how to compare productively works with your nature, not against it. And where better to start than with #RichGirlNation? See what hundreds of you submitted about your incomes, budgets, and net worths—and what surprised us most. Transcripts, show notes, resources, and more can be found at: https://moneywithkatie.com/rich-girl-nat...
Jan 03, 2024•46 min•Season 2Ep. 159
Dozens of you asked: Is it time to graduate from tax programs like TurboTax to a CPA? We bring in Tim Steffen, a CFP, CPA, and CPWA at Baird Wealth, for another Rich Girl Roundtable. We'll walk through whether you need a CPA or not, when to look for one, and what to know about fees. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram ...
Jan 01, 2024•25 min•Season 2Ep. 158
In September 2022, I made the decision to quit drinking alcohol altogether. Now, I'm looking back at the last 15 months, the role alcohol plays in our GDP and personal finances, and all the unintended positive benefits I’ve stumbled upon since switching out my New Belgium Fat Tire for Athletic Brewing’s N/A IPA. Transcripts, show notes, resources, and more can be found at: https://moneywithkatie.com/reflection-one-year-sober . Learn more about your ad choices. Visit megaphone.fm/adchoices...
Dec 27, 2023•25 min•Season 2Ep. 157
Rich Girl Elyssa asks, "What should I do with a year-end bonus?" Katie and Henah chat through the two buckets of bonuses: expected (as part of your total compensation) or unexpected (when you've gone above and beyond)—and how they'd handle each. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every ...
Dec 25, 2023•12 min•Season 2Ep. 156
When is it time to start working with a financial professional? Do you ever need to hire one? And, maybe more importantly, what are telltale signs of a good (or bad) one? This week’s episode breaks it down so you can make sense of the decision—featuring not one, but two financial pros who hold the esteemed CFP® certification: Shelby Ferstl and Eric Jones. 🤑 Interested in working with a potential Money with Katie-aligned financial professional? Fill out this form here . Transcripts, show notes, ...
Dec 20, 2023•55 min•Season 2Ep. 155
Rich Girl Sierra S. asks, "Is it worth paying a roboadvisor fee to get the benefits they offer, especially if you don't want to put the effort in?" Katie and Henah share a refresher on what roboadvisors are, what fees are worth it, and the benefits of using them. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). N...
Dec 18, 2023•18 min•Season 2Ep. 154
We all love trying to better ourselves, but sometimes that drive can come at the expense of contentment. Is it possible to be both ambitious and satisfied? After a certain point, the pursuit of additional financial resources is not about money at all, but what it might symbolize. This week’s episode is part-vulnerable exploration of my own hang-ups, part-manifesto for finding contentment in the midst of your ambition. Transcripts, resources, show credits, and more can be found at https://moneywi...
Dec 13, 2023•40 min•Season 2Ep. 153
There are so many benefits to booking travel in advance: psychologically, logistically, and financially. What's the best way to do so, and how can we book our travel to get the best bang for our buck? Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcript, show resources, production ...
Dec 11, 2023•19 min•Season 2Ep. 152
Let's talk about the many hacks for HENRYs and HENRIETTAs to move from high incomes into high net worths. We'll go over some of the best tax-advantaged vehicles for high earners, alternative investment callouts, and hear from Chris Hutchins of All the Hacks ( https://www.allthehacks.com/ ) on little-known hacks to leverage in order to supercharge your wealth. As a reminder, we are not licensed financial professionals and this is not financial advice. Please do your own due diligence. Transcripts...
Dec 06, 2023•1 hr 13 min•Season 2Ep. 151
As of May 2023, more than a trillion dollars worth of 401(k) assets were left behind by former employees. Here's how you can easily roll over your 401(k), why you should, and the rare instances where it might make sense to track it but leave it as is. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes ...
Dec 04, 2023•15 min•Season 2Ep. 150
“Miss Gatti, are you traveling?” was the phrase that began one of the most stressful financial sagas of my life. Because as I'd come to learn, I’d become the victim of an elaborate “middleman” scam. Here's the play-by-play of what went down, and what I learned along the way. This week’s episode is a fun jolt of schadenfreude at my expense, so listen if you’d like to laugh while you learn. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/identity-theft-sca...
Nov 29, 2023•39 min•Season 2Ep. 149
Rich Girl Jen W. asked: "How can I host friends on a budget?" Katie and Henah share their best tips on everything from the guest list and invites to decor and food planning—all while minimizing costs and maximizing the experience. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcrip...
Nov 27, 2023•17 min•Season 2Ep. 148
I'm not superstitious, but I am a little stitious—thanks to the goal-setting exercises we're doing in today's episode. I started doing this process in 2021, and so many of my past, hyper-specific visions have come freakishly true that it’s now a borderline sacred process to me. We’ll start with the big picture “alignment” questions, and then shift into the annual quantitative assessment I do for our financial picture. If you've been feeling stuck or cloudy in your life, this process might provid...
Nov 22, 2023•36 min•Season 2Ep. 147
More than 50% of American adults surveyed by The Motley Fool used "Buy Now, Pay Later" in 2021 and 2022—it's a common short-term financing option to make bigger purchases. So when should you use it, and when is it worth avoiding? Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcript...
Nov 20, 2023•16 min•Season 2Ep. 146
America has defaulted to the 40-hour workweek for nearly 90 years. But why do US employees work more than any other industrialized nation? Is it the #LoveOfTheGrind…or something else? And, could less work and more vacation allow for the same level of productivity? We're joined by economist Daniel Hamermesh from the National Bureau of Economic Research to analyze some theories as well as possible solutions for shifting our approach to work. Transcripts, resources, show credits, and more can be fo...
Nov 15, 2023•47 min•Season 2Ep. 145
If you've got a W-2 job and earn 1099 income, there are some worthwhile opportunities to consider in order to lower your burden this #taxszn. Save your hard-earned dollars with these hacks. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Reminder : While we love diving into investing- an...
Nov 13, 2023•21 min•Season 2Ep. 144
If you’re a regular listener, you probably know that we already did an “ultimate” Traditional vs. Roth 401(k) episode this year. “Katie,” you might be saying, “Do you mean to tell me that the ultimate strategy was…*gasp* wrong?” We put my strategy to the test with Eric Jones, CFP® with the Hook Jones Group at Baird Private Wealth Management , to find out. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/cfp-ultimate-traditional-vs-roth-strategy . — Remind...
Nov 08, 2023•1 hr 10 min•Season 2Ep. 143
Credit cards, lines of credit, student loans—debt is a normal part of life. How should we prioritize our debt(s), and what’s the best way to pay them off? Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcripts, show resources, production credits, and more can be found at: https://mo...
Nov 06, 2023•28 min•Season 2Ep. 142
When I first learned about personal finance, I was all about FI/RE (financial independence, retire early). But then came along financial freedom. But how are they different, and what has that nuance unlocked? Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/financial-freedom-closer-than-you-think . Learn more about your ad choices. Visit megaphone.fm/adchoices...
Nov 01, 2023•37 min•Season 2Ep. 141
If you could supercharge your kid’s future with thousands of dollars, would you? We share one investing hack that can make that happen—the Custodial Roth IRA. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcripts, resources, production credits, and more can be found at https://mone...
Oct 30, 2023•17 min•Season 2Ep. 140
Join us for this investigative deep dive into the state of public educator salaries in the US. Does it pay to be a teacher? Or is there merit to the argument that teachers aren't underpaid? And how can we actually fix the issues of wage stagnation and prestige in education? We heard from more than half a dozen #RichGirlNation educators who shared the inside scoop on their own experiences. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/how-underpaying-te...
Oct 25, 2023•51 min•Season 2Ep. 139
If Katie could only recommend 3 books to the Rich Girl audience, which would she share? Katie and Henah talk through each of her top recs (as well as some honorable mentions) and how they've changed her approach to personal finance. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Transcr...
Oct 23, 2023•37 min•Season 2Ep. 138
Live for free! Okay, maybe not free —but house-hacking, or buying a property that you plan to live in and rent out for income, is a potential solution if you’re feeling financially stuck as an aspiring homeowner. We go way deeper on the subject than ever before, with help from David Greene of the BiggerPockets real estate podcast (https://www.biggerpockets.com/podcasts/real-estate). We cover: Who house-hacking is for (and maybe who it's not), whether to self-manage or outsource, and the paradox ...
Oct 18, 2023•1 hr 6 min•Season 2Ep. 137
What is Money with Katie behind the scenes really like? We compiled all your submitted questions from Instagram, and Katie and Henah share the inside scoop on everything from revenue and sponsorships, to how they pick and write episodes. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. Tr...
Oct 16, 2023•38 min•Season 2Ep. 136
“Sugar dating” is a resurgent phenomenon on social media right now, and rumors coming out of the dating app Tinder speculate that a new offering aims to compete with the preeminent sugar dating site, Seeking.com (formerly Seeking Arrangements). We’re diving into this world with the help of award-winning BBC investigative journalist Tiffany Sweeney. As a content warning, there are mentions of both sex and mental health throughout this episode. Transcripts, resources, show credits, and more can be...
Oct 11, 2023•59 min•Season 2Ep. 135
Should you combine all your finances upon marriage? Is there a case for keeping them apart? We brought in the expert, CFP and Certified Financial Therapist Bill Nelson ( https://pacesetterplanning.com/) , to share what he most commonly sees and why you might be better off combining. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram ...
Oct 09, 2023•41 min•Season 2Ep. 134
