To CD, or not to CD…that is the question Henah and I are breaking down this week. When yields are 5% (or higher!) in safe financial instruments like certificates of deposit, what’s the case against fleeing to safety? (Hint: The NASDAQ is up 27% YTD, and the S&P 500 is popping off at nearly 12% YTD.) 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 ...
Jun 12, 2023•12 min•Ep 100•Transcript available on Metacast As a society, we now pit "anti-work" against "grindset mentality"—but we might actually be in a stage of self-defeating overcorrections at this point, including questionable trends like TradLife and Stay at Home Girlfriend Tok. In this week's episode, we cover the pros and cons of both hustle culture and quiet quitting, how employee stock ownership programs might help, and what a better balance between the two might be. Learn more about our sponsor, Vin Social: https://www.vinsocial.vip Learn mo...
Jun 07, 2023•31 min•Ep 99•Transcript available on Metacast One listener writes in that her retirement accounts haven't really grown over the past few years—so what's a Rich Girl to do? Katie and Henah chat through the last several years of returns and the economy, what to watch out for, and actions to consider for better results. 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 (@moneywith...
Jun 05, 2023•15 min•Ep 98•Transcript available on Metacast How can money make your life better? More fulfilling? Happier? To answer the question, I invited a very special guest on the show: the one and only Ramit Sethi, of How to Get Rich of Netflix fame. (And, of course, his bestseller, I Will Teach You to be Rich.) We discuss everything from business to personal finance philosophy to why he’s not afraid to be outspoken online. Plus, he shares helpful tips on seeing money as an opportunity, how to spend and not just save, and more. I love all my guests...
May 31, 2023•1 hr 2 min•Ep 97•Transcript available on Metacast Our episode on the myth self-made millionaires (linked below) stirred up quite the conversation online—Katie and Henah chat through a few listener critiques that were sent in response. What do you think? 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. — Mentioned in the Episode: "Are Mos...
May 29, 2023•14 min•Ep 96•Transcript available on Metacast Today, we're breaking down every. single. aspect. worth considering when you’re deciding between Traditional and Roth contributions in your 401(k), because making the “right choice” can mean a difference of hundreds of thousands of dollars in a few decades. So, what’s a Rich Girl to do when faced with a slew of retirement plan options and a dream? By the end of this episode, you’ll feel confident in your choice. Learn more about our sponsor, Vin Social: https://www.vinsocial.vip Learn more about...
May 24, 2023•1 hr 1 min•Ep 95•Transcript available on Metacast Sometimes we all need a little nudge to make the best financial decisions for ourselves. In this week's episode, Henah recounts how Katie helped her max out her 401(k) contributions, overcome her psychological hangups about "making less per paycheck," and how she's feeling about it now. 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 Instag...
May 22, 2023•17 min•Ep 94•Transcript available on Metacast Rich Girl Taylor Kay Phillips is spilling all the tea on the Hollywood writers' strike—and giving us the inside scoop on a career in writing for television. We also cover the broader implications of negotiating for a fair wage, including a few tactics to try when you're exploring a dream job. For more negotiation tips: Check out this week's blog post for tactics specific to salaried workers: https://moneywithkatie.com/blog/salary-negotiation-tactics-for-increasing-income Check out this week's Yo...
May 17, 2023•35 min•Ep 93•Transcript available on Metacast Join us this week for a frank discussion about the things we wish we wouldn't have bought—and the stuff we wish we would've spent more on. 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. - Mentioned in the Episode The Money with Katie Show: Is Pet Insurance Worth it?: https://youtu.be/co...
May 15, 2023•17 min•Ep 92•Transcript available on Metacast I’m so proud of the work the team did to develop and produce this episode. Typical personal finance advice works particularly well for people in a certain position (with good salaries, education, or inheritances), but it’s mostly useless if you’re not earning enough to make ends meet. To make matters more complex, the way some government assistance programs currently work can paradoxically make it harder to get ahead in the long term. Learn more about our sponsor, Vin Social: https://www.vinsoci...
May 10, 2023•48 min•Ep 91•Transcript available on Metacast What advice would we go back and tell ourselves in our early 20s, and how has our perspective on money changed as we approach our 30s? Katie and Henah chat through 10 tips they'd share, from intimately understanding your spending to prioritizing experiences to saving for childcare costs long-term. 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...
May 08, 2023•20 min•Ep 90•Transcript available on Metacast CARDS MENTIONED IN THIS EPISODE, IN ORDER: http://www.moneywithkatie.com/2023travel If you’ve ever wanted to take a more intentional approach to your credit cards and travel (or just tune up an existing approach!), this week’s episode is a must-listen. File “travel rewards” under the “sounds too good to be true but isn’t” category, with the major caveat that it’s a little like playing with fire: As long as your spending habits aren’t flammable, you stand to gain a lot. We called in travel reward...
May 03, 2023•49 min•Ep 89•Transcript available on Metacast Whether you receive an inheritance or win the lottery, they can both be treated like receiving new income. Katie and Henah chat through what they would do with a big lump sum, including paying off debts, investing in experiences and companies, and if Katie would continue to rent. 👀 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 ...
May 01, 2023•16 min•Ep 88•Transcript available on Metacast “Dude, why is being alive so expensive?”—an actual sentence I said aloud to Henah back in January when my dog needed surgery, my husband and I got a giant tax bill, Henah’s travel insurance wouldn’t come through, and a formerly in-network doctor informed her she owed them a large sum since they were now (surprise!) out-of-network. (USA! USA!) One of the rudest awakenings of adulthood is the realization that simply paying for the boring stuff eats up a lot of your income, which can be incredibly ...
Apr 26, 2023•24 min•Ep 87•Transcript available on Metacast A listener asks, "How can I plan for my parents' later years in life, and how can I start that conversation?" Katie and Henah reflect on conversations they've had with their own families, what to do (hint: prep a life audit!), and caveats to consider. (And, if you want us to go into this topic more in-depth, email us at moneywithkatie@morningbrew.com!) Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money ques...
Apr 24, 2023•15 min•Ep 86•Transcript available on Metacast When Amazon Prime dropped the LuLaRich documentary in 2021, it was one of the first times the population at large got to peek behind the curtain at one of the largest multilevel marketing companies in the world—and boy, did it take internet voyeurs by storm. The timing of (and snark generated by) such an explosive exposé was especially interesting, given the other pyramid scheme-y thing playing out in 2022: NFTs, shitcoins, and meme stocks. It feels like we should’ve learned our collective lesso...
Apr 19, 2023•42 min•Ep 85•Transcript available on Metacast Understanding credit can be tricky—but it's an invaluable part of our financial toolboxes since it affects our ability to buy a home, access loans, etc. Katie and Henah break down the history of credit, how it works, tips to keep in mind while building your credit score, and more. 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 (@...
Apr 17, 2023•15 min•Ep 84•Transcript available on Metacast Bill Bengen, who established the 4% safe maximum withdrawal rate (the rule on which most of financial planning relies), is a straight shooter, and his perspective on whether or not we’re currently in uncharted waters surprised me. But fear not—there’s a little-discussed element of planning for early (as well as regular!) retirement that might be our saving grace. We’ll unpack that, too. Learn more about our sponsor, Vin Social: https://www.vinsocial.vip Learn more about our sponsor, TaxAct: http...
Apr 12, 2023•34 min•Ep 83•Transcript available on Metacast Whether it's for tuition expenses or weekly allowances, Katie and Henah chat through short-, middle-, and long-term strategies on saving for your children's future, including the 529, Roth IRA, and UGMA/UTMA for minors. 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. - Mentioned in the E...
Apr 10, 2023•21 min•Ep 82•Transcript available on Metacast “Luck” is where opportunity meets preparation, right? Fantastic financial outcomes are the culmination of a lot of factors coalescing in a very specific way, but we tend to only focus on one: effort. So much American lore (and by extension, American…personal finance advice?) is constructed on the foundation of the self-made meritocracy. One such “statistic” that often gets touted in these conversations: Somewhere in the ballpark of 88% of US millionaires are “self-made.” But where does that figu...
Apr 05, 2023•35 min•Ep 81•Transcript available on Metacast One reader asks when is going to "off-brand" providers worth it (i.e., switching to Mint Mobile from a legacy provider, as Katie has). Katie and Henah chat through what to look for instead, what's worth keeping "on brand" for, and their own real life examples (Louis Vuitton vs. Coach, All Clad vs. DTC cookware brands, etc.). 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...
Apr 03, 2023•15 min•Ep 80•Transcript available on Metacast In a hyper-individualistic culture, it can feel like all the important parts of your life are at odds with one another: You may want to socialize regularly, spend time with family, save money, crush it at work, and exercise frequently, but as that one quippy girlboss coffee mug slogan reminds us: There are only 24 hours in the day (and something about Beyoncé). What’s an ambitious person to do, especially when the overwhelm of big goals makes you want to throw in the towel, melt into a Netflix p...
Mar 29, 2023•20 min•Ep 79•Transcript available on Metacast Katie's husband Thomas has been an active-duty US Air Force JAG since 2021, and we've received many questions over the years about military benefits and finances. Here's the TL;DR on the perks of being active-duty military or a dependent based on Katie's personal experience, from accessing VA loans to basic allowances for housing. 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'...
Mar 27, 2023•14 min•Ep 78•Transcript available on Metacast If you think you may be affected by a potential recession or upcoming layoff, we’re running through the best tips on navigating this uncertainty—from figuring out your cash “runway” to understanding your rights as an employee. 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. Learn more ab...
Mar 24, 2023•18 min•Ep 77•Transcript available on Metacast It’s estimated that one in every four American 20-year-olds today will experience a disability before they turn 67, but a whopping 65% of workers in the private sector don’t carry long-term disability insurance (per our pals at the Social Security Administration). This week, I’m joined by two Rich Girls who are sharing their stories about the little-known financial implications of experiencing a disability unexpectedly—and early in life. Learn more about our sponsor, TaxAct: https://www.taxact.c...
Mar 22, 2023•28 min•Ep 76•Transcript available on Metacast Tackling finances with your partner can be tricky: What if one of you earns substantially more? What if you have different philosophies about money? What if you're tired of the "roommate" model of splitting costs down the middle? Katie and Henah share their respective approaches on money with their partners, and what to keep in mind when combining accounts. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money...
Mar 17, 2023•17 min•Ep 75•Transcript available on Metacast Retirement is a new concept in human history, but the way we fund retirement is even newer. After all, the 401(k) and IRA were legislated into existence less than fifty years ago. To assume a millennial or Gen Z retirement will look anything like a boomer retirement might be wishful thinking—so this week, we’re exploring what might be a better way to structure our financial (and life!) plans. Learn more about our sponsor, TaxAct: https://www.taxact.com/moneywithkatie Transcripts can be found at ...
Mar 15, 2023•27 min•Ep 74•Transcript available on Metacast "What if my dream job isn't lucrative? Is it worth finding something better or is it more valuable to stick around?" Both Katie and Henah have gone through this experience, and they reflect on how they balanced a job they loved and a lower-paying salary. 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 episod...
Mar 10, 2023•15 min•Ep 73•Transcript available on Metacast Short-term capital gains? Qualified dividends? Tax loss harvesting? Strap in, people, we’re taking a cruise down the chocolate river of all things investment taxes, and I’ll be your Wonka. Fear of taxes (or maybe just uncertainty) keeps people out of the game, and I think that’s a little bit like declining a raise because you don’t want to pay taxes on the incremental income—if you owe taxes on your investments, it probably means you made money in the first place. Learn more about our sponsor, T...
Mar 08, 2023•29 min•Ep 72•Transcript available on Metacast Today's rental market is a bit...complicated to navigate. Will apartment prices go up or down? How can we find options in our budget Henah and Katie chat through 10 tips for renters today, from the best times of year to look to the most valuable apps and alerts to set up. 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 (@moneywith...
Mar 03, 2023•17 min•Ep 71•Transcript available on Metacast 
