Money Rehab with Nicole Lapin

Originally Aired 7.1.22 Influencing can be a lucrative and worthwhile venture, but in the case of mom-fluencers, it gets a little more complicated. Parenting content can be educational, aspirational and empowering. But what happens when your kid becomes a stream of income? Nicole talks about the good, the bad, and the ugly of mom-fluencers with Jo Piazza, author and host of the amazing podcast that covers this industry, Under the Influence. To listen to Jo’s stellar podcast Under the Influence, click here: https://podcasts.apple.com/us/podcast/under-the-influence-with-jo-piazza/id1544171101 For Jo’s other work, check out her website: https://www.jopiazza.com/

Originally aired 5/14/2021 Nicole catches up with Brit Morin, founder of Brit + Co and co-founder of Offline Ventures. They cover what it’s like to be romantic partners with your business partner, how to teach your kids how to save $$$ and which Silicon Valley strategies Brit uses at home.

There are more resources than ever on how to start your own business— but not all of these resources are good ones. You don’t need to have run a business successfully to start an Instagram and say you have, right? So if you are thinking of starting your own company, you should to be informed by the brightest minds who will give you real advice, not any of the phony hacks and short-cuts and clickbait. Today, Nicole speaks with one those bright minds, Spencer Rascoff, entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso, Recon Food, Queue, Path, Supernova's family of SPACs, and 75 & Sunny. Spencer gives his advice and lessons on growing a business from the ground up, and what entrepreneurs need to know about this moment in the startup world.

You may have seen in entertainment news this week that Lily Collins, the star of the Netflix show Emily in Paris, had her engagement ring stolen. As so often is the case, when we hear a story like this, we put ourselves in the headlines: what would happen if my engagement ring, or a family heirloom, was stolen… what would you do? Would you be protected? Today, Nicole explains your insurance options— and why if your dog has a tiara, you're probably screwed.

Consider this episode your markets pulse check: debt ceiling, Fed rates, student loans... oh my!

Mother’s Day is right around the corner, and for those who are tight with their moms, this day is a big deal. But as much as we want to celebrate our moms, we also want to make sure we’re not straying from our spending plan. Today, Nicole shares five ways to do something special for mom, without breaking the bank.

If you know that homeownership is right for you and your finances, you’re facing an uphill battle in this market. But, there are ways you can win— if you’re thoughtful about your mortgage strategy. So today, Nicoles gives you her two-part mortgage cheat code that ultimately shrinks the amount you’ll pay for your house by the time it’s really yours. If you're stumped on whether buying a home is right for you, listen here: https://link.chtbl.com/VOtTNJhd

Experts project that the coronation of King Charles III will cost British taxpayers at least £100 million pounds. So the big question is: what’s the ROI? Will the coronation help or hurt the British economy? Nicole digs into both sides of the argument, and ultimately, gives some advice to the crown (you're welcome!). Find the Money Rehab episode with The Points Guy here: https://link.chtbl.com/fzsjTmwG Check out the articles referenced in today's ep: https://www.cbsnews.com/news/coronation-king-charles-travel-london-cost/ https://time.com/6275383/king-charles-iii-coronation-cost-taxpayers/

Adrienne Bailon-Houghton is more than just a triple threat— she’s a singer, dancer, actor, host, mother, wife, producer and entrepreneur. Adrienne joined Nely Galan on MNN's Money Maker for a conversation packed with advice and lessons. Adrienne shares how she turned around bad credit, what the Kardashians taught her about hard work, how she started creating entrepreneurial opportunities from her everyday life and much more. To subscribe to Money Maker, click here: https://link.chtbl.com/_9U0OQh1?sid=MM Transcripción del episodio con Adrienne en español: https://moneynewsnetwork.com/podcast/money-maker/adrienne-bailon-houghton-is-a-money-maker/

RIP First Republic. Nicole breaks down why First Republic failed, how the pieces are being picked up, and what it means for First Republic customers and investors. For a pulse check on your local bank, check their Weiss rating here: https://weissratings.com/

How is Governor DeSantis of Florida prepping for his rumored 2024 Presidential campaign? Picking a fight with Disney World, of course. Nicole demystifies the Disney vs. DeSantis headlines and unpacks what's at stake for the biggest employer in Florida. To support the LGBTQ+ community in Florida, check out these resources: https://www.eqfl.org/ https://www.transinclusivegroup.org/ https://www.glaad.org/resources

The day is has arrived— the Super Bowl of fashion, the Oscars of the East: the Met Gala. Today, Nicole breaks down how much your favorite celebs have spent to walk the Met Gala carpet tonight (spoiler alert: it's a small fortune). But here's the million-dollar question: can the Met Gala stay relevant in a world that increasingly holds celebrities accountable for how they use their influence— and wallets? Nicole has an answer that will surprise you.

Originally aired 8/2/22 The hilarious and wonderful Amanda Hirsch (of @notskinnybutnotfat) is here to answer two big questions: 1) How to monetize your passion—something all Money Rehabbers can and should do. And 2) Are the Kardashians just famous for being famous, or do they have some serious business cred that we can all learn from? To find more Amanda, start here: https://www.instagram.com/notskinnybutnotfat/

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.

We did it! We won a Webby! And, humble brag, we also got a second Webby nomination and two Webby honors. For everyone who voted: thank you, it means the whole world to us. Today, we're sharing the episode that earned a Webby honor for best featured guest (a guest who also happens to have just announced her Presidential campaign for 2024).

The U.S. government is very seriously considering banning the hugely popular social media app TikTok. In fact, Montana recently became the first state to pass legislation banning the app. Today, Nicole follows the money trail to investigate what's really at stake for users, content creators and U.S./China relations.

Nicole breaks down the biggest headlines on Wall Street (so far) this week. The biggie everyone is talking about? Bed Bath and Beyond's bankruptcy. Nicole unpacks what this bankruptcy means for shareholders and the meme stock bros.

Do you have kids? Do you want them to be wealthy from the womb? Yeah, we thought so. Today, Nicole shares three tips that parents can use to set their kids up for financial success. Plus, Nicole shares how you can turn $13,000 into $2 million for your kiddos.

Turns out, you can build relationships with industry leaders by sliding into their DMs. Today, a special guest deconstructs how he successfully used social media to build his network. Plus, you'll learn exactly what to say when trying this at home. For more Help Wanted, click here— and don't forget to subscribe! : https://link.chtbl.com/DyOx50JQ?sid=QR

Say you throw your card down at brunch with friends and everyone pays you back via Venmo. Because of some changes to how the IRS collects income data from third party payment apps (Venmo, Zelle, etc.,), the IRS may mistakenly count that Venmo payment as income— and we definitely do not want that. Here's the intel on this change, and what to do if this happens to you. Here's your new fav form (be sure you're looking at the right form for the year in question): https://www.irs.gov/instructions/i1040sc

When it comes to MLMs (multi-level marketing) brands, Nicole is torn. She's heard some horror stories exposing an exploitative underbelly of MLMs, but she's also spoken firsthand to people who attribute all of their financial success and happiness to their work with MLMs. Today, Nicole hears from Roberta Blevins, who was once a seller for It Works! and LuLaRoe. Roberta shares her firsthand experience, and why she unequivocally believes MLMs are pyramid schemes. Find more of Roberta's work, and her podcast, here: https://robertablevins.com/

If you’ve ever seen a Pepsi, Apple Music, Uber, or Netflix marketing campaign that you liked, Bozoma (Boz) Saint John probably had something to do with it. And that’s because, throughout her career, Boz has been at the helm of all of those massive brands. And today, we get to hear what she’s learned from working on these massive brands— like how to talk about mental health at work, how to build a personal brand, and how to negotiate a raise before you even get the job. Find more Boz badassery in her book, here: https://www.penguinrandomhouse.com/books/688798/the-urgent-life-by-bozoma-saint-john/

If you're slammed at work, you might think that you don't have time for your health. But, as multi-hyphenate Gabby Reece will tell you, taking good care of yourself doesn't have to be time-consuming or complicated. Today, Nicole sits down with Gabby to get her take on some trendy wellness fads and health hacks anyone can try at home. Find Gabby's podcast and health resources here: https://www.gabriellereece.com/

Money Rehabbers: have you listened to Help Wanted (Nicole's podcast with Entrepreneur editor in chief Jason Feifer) yet? If not, we gotchu! Today, enjoy this special episode of Help Wanted, where the caller who needs help is... Nicole. If you love it, subscribe to Help Wanted here: https://link.chtbl.com/85RcT5bT

Fellow tax procrastinators, if you haven't filed your taxes yet, Nicole answers all of your questions, including: do I reeeeally have to? Plus, a reprise of one of our all-time favorite interviews with the sweetest former auditor you ever did see.

It's time for our weekly vibe check on the economy, and today we're getting nerdy. Nicole breaks down recent unemployment numbers, consumer confidence numbers and inflation numbers to tell the bigger story of what you (and your wallet) can expect in the coming months.

Today, Nicole is joined by Sona Movsesian, cohost of the podcast Conan O'Brien Needs a Friend, Conan O’Brien’s longtime assistant and New York Times bestselling author. This conversation has a little bit of everything: pranks involving unlikely celebrities, a Human Centipede reference and thoughtful advice on how to take advantage of the opportunities in your work. Find Sona's book here: https://www.penguinrandomhouse.com/books/675609/the-worlds-worst-assistant-by-sona-movsesian/

Supreme Court Justice Clarence Thomas made headlines when it was revealed that he had not disclosed his luxury vacations with Republican donor Harlan Crow. But this is just the tip of the conflict of interest iceberg for the Supreme Court. Nicole breaks down the truly shocking ethical blindspot woven into America's legal system and how it affects our rights. Check out where your representatives are investing here: https://efdsearch.senate.gov/search/home/

When Daniella Pierson, at 23, pitched her newsletter The Newsette for VC funding she was "laughed out of the room." Cut to the present: she still owns nearly 100% of the company— which, by the way, is currently valued at over $200 million. Daniella joins Nicole to talk about how she scaled her company, her gutsy pitch to Diane von Fürstenberg and lessons from sales "survival mode." Net-net, remember: the next time you're disappointed with an outcome at work, hang in there: that disappointment might just turn into nine figures. Check out The Newsette here: https://thenewsette.com/

That's right: Lorilyn Wilson is our new favorite CPA who makes taxes *actually* kinda fun. Nicole holds nothing back and asks all the burning tax questions people are normally too scared to ask: How can I get the most back on my tax refund? Are there any new tax credits this year I can benefit from? If I'm a business owner, can I deduct my clothes? If I mess up my tax return... will I go to jail? It's going down! Learn more about Lorilyn here: https://www.linkedin.com/in/lorilynacrum/

T-2 weeks-ish until Tax Day. How we celebrating? By freaking out over the idea of getting audited? Not anymore! Nicole shares her top tips for a squeaky clean tax return.

Go-chella or no-chella? Nicole breaks down how much seeing the biggest names in music— and more importantly, posing in front of the ferris wheel— really costs.

Last week, the biggest bank you've never heard of (First Citizens Bank) purchased what was left of the fallen SVB. The purchase is part of First Citizens' pretty brilliant business model of buying collapsed banks. Why is it smart to buy a bank that's failed? Nicole explains. Listen to Trade Like Einstein here: https://link.chtbl.com/63Zpqkvs

Nicole has always opted for slow-and-steady investing versus hyped-up, get-rich-quick trading. But, there are trading strategies that are more calculated, and can almost act as an insurance policy against risk of losses. To give us the masterclass on these strategies and more is investing expert Dominique Broadway. Love Dominique? Yeah, us too. Listen to her podcast, We Have Options, here: https://link.chtbl.com/fQyPEoCd All investment and trading strategies involve risk of loss. The content you hear on this podcast is for entertainment and education purposes only and does not constitute financial advice by our hosts or by Money News Network.

It's been a wild week on Wall Street and it's only Wednesday. Nicole brings you three ginormous stories dominating the financial news cycle, that reach from drugs to a bag of rocks masquerading as nickel to a Binance Compliance Officer with a dubious point of view: "I HAZ NO CONFIDENCE."

We're nearing Federal Tax Day... which, we can all agree is the worst national holiday these 50 states have to offer. But regardless, we have to celebrate by submitting our tax returns. If you're a small business, don't miss these five tax hacks!

If you know Nicole, you know she loves to Index Fund and Chill. As it turns out, so does the investing GOAT Warren Buffett. Here's how to invest like them.

The same day the FDIC swooped in and did damage-control with Silicon Valley Bank, regulators also shut down Signature Bank. But according to Signature Bank, they didn't need to close their doors. Nicole shares both sides of the story.

Imagining a scenario in which you get laid off is not a fun thought exercise. We all want to have job security, and it’s stressful to think that we might not. But the worst-case scenario is that you get laid off and it takes you completely by surprise. A better scenario (although still a sucky one), is to get laid off, but be prepared to chase your next opportunity. Today, Nicole shares six signs that your company might be announcing layoffs.

Nicole breaks down the biggest headlines (so far) this week on Wall Street, including: the latest on the banking crisis, UBS' ginormous acquisition of Credit Suisse (aka Credit Sus) and all things interest rates.

We know a safe investment isn't as sexy as a startup with the potential to go to the moon. But say that startup ends up being a... Silicon Valley Bank. Slow and steady doesn't sound so bad now, does it? Listen in for Nicole's picks for a safe investment that won't have your stomach in knots.

Social media apps (first Twitter, now Meta) are testing a premium offering where users can pay to have their accounts verified, signified by the infamous blue check. This may seem like no big deal, but it actually represents a big shift: Meta's newest revenue stream is us.

In the wake of SVB's destruction this week, economic anxiety is high. So now more than ever, it's important to have perspective. Today, Nicole joins Nely Galán on her podcast Money Maker, to unpack the financial trauma they carry from their childhood, and describe the mindset we need to navigate challenging financial times. Click here to catch up on Money Maker: https://link.chtbl.com/_9U0OQh1?sid=MM

Right now, a lot of people are turning to industry insiders for answers on SVB’s crash, but the people who we really should be listening to now, are the SVB insiders, the employees. So today’s guest is a SVB employee— or, was, until the bank dissolved. She shares what it felt like to be inside the company as it fell apart, what questions she still has, and a perspective on SVB we didn't expect.

Investing/trading nerds: Nicole is about to introduce you to your new favorite podcast. Last week, MNN launched another A+ podcast, if we say so ourselves. It’s called Trade Like Einstein, hosted by Peter Tuchman— aka “the Einstein of Wall Street.” Peter is a broker on the New York Stock Exchange, and on his podcast, he’s bringing you updates on market trends and what they mean for your investing or trading strategy. Today, Peter shares what it was like watching SVB crumble from the floor of the stock exchange. Subscribe to Peter's show here: https://link.chtbl.com/63Zpqkvs

Today, Nicole is looking at SVB through two lenses: a historical perspective that explores how similar SVB's story really is to the '08 crash and the painfully immediate perspective from someone who's still in the trenches of the battle of the banks, trying to extract her businesses' funds. To read more about obé Fitness, click here: https://obefitness.com/

The downfall of Silicon Valley Bank, or SVB, marks the biggest failure in the banking system since 2008. Here's what happened, why, and what’s to come.

In Nicole's experience, networking and building relationships has been the single most valuable resource for her career. But let's be honest: networking is hard, and not always fun. That's where Jon Levy comes in. Jon is a behavioral scientist specializing in connection, and today he tells Nicole science-backed hacks for successful relationship-building.

Last month, a toxic cloud hung over Ohio. Reports have focused on the chemical reactions that led this to take place… but the real origin of this event isn’t chemical, it’s financial. Today, Nicole explains what happened, and what it has to do with the railroad industry.

Nicole breaks down the biggest headlines (so far) this week on Wall Street, including: the breaking updates on interest rates, the latest crypto company to crack, Stripe's unusual fundraising round and how Elon Musk's unlikely strategy with Amazon is backfiring.