Money Rehab with Nicole Lapin

Yes, you can make money from wine as an investor— but you can't just choose an investment-worthy vino based on the art on the bottle (but if that's how you choose the wine you drink, well, same). Nicole explains the two ways you can invest in wine, and how to set yourself up for success.

Money Rehab listener Adam calls Nicole for advice on whether he can drop ten grand on his next sleeve. To treat yourself or not to treat yourself? Listen to find out! Originally aired on July 29th, 2021

Even though the inflation situation is getting better, prices are still high everywhere. Today's Money Rehabber is making $25 an hour, has two kids, and is trying to figure out how to make her finances work. Nicole gives her advice on how to set up your financial life for success.

If you listen to the show, you probably know Nicole loves CDs. But there isn't just one type of CD. Today, Nicole shares seven different flavors of CDs and shares how you can decide which is right for you.

For the last year, stock analysts have been going crazy over seven rockstar stocks known as the "Magnificent 7." But there's a dark side to these stocks— and one that is particularly risky. Today, Nicole explains the potential pitfalls and how to protect yourself.

Today, Nicole breaks down how you can set up your will successfully… and the mess you could land in if you don’t. To follow this money trail, she's joined by Erik Huberman, Founder and CEO of Hawke Media, and Cody Barbo, Founder and CEO of Trust & Will.

Nicole had a great appearance on Good Morning America… until she made one tiny mistake that she can’t stop thinking about. Nicole talked about this with Entrepreneur Magazine editor-in-chief Jason Feifer on an episode of their podcast Help Wanted, and it's too good not to share with Money Rehabbers. In this conversation, they dig up their most embarrassing moments and workplace missteps, and decide on a benchmark for when to call out your mistakes, and when to keep them to yourself. Never miss an episode, lesson or embarrassing moment on Help Wanted. Subscribe here: https://link.chtbl.com/85RcT5bT

Money can’t buy you love… but it sure can cost you a relationship, because financial conflict is a huge source of tension for many couples. Today, Nicole is joined by entrepreneur and author Jason Tartick about how to not let money ruin a relationship. Plus, Jason talks about his experience being scammed, which companies he’s bullish and bearish on, and what Elon Musk is like at a party. Find Jason's latest book, Talk Money To Me: The 8 Essential Financial Questions to Discuss With Your Partner, here: https://www.jasontartick.com/talk-money-to-me

Arthur Williams Jr. went from living in the projects in Chicago to making money. Literally. Arthur was one of the most prolific counterfeiters in American history. Now, Arthur uses his gift for good. Arthur shares with Nicole the challenges that face people convicted of non-violent crimes when they transition to life after prison, and how he persevered— despite almost giving up. Plus, Arthur shares how he recreated the un-counterfeit-able $100 bill. Find Nicole's Money Rehab episode with Robert Rooks of REFORM Alliance on probation reform here: https://link.chtbl.com/ze3x_uSK Find the book on Arthur, The Art of Making Money: The Story of a Master Counterfeiter, here: https://www.amazon.com/Art-Making-Money-Master-Counterfeiter/dp/1592405576

There’s a financial fairy tale you’ve probably been told: you find a fixer-upper, flip it, make six or seven figures, and live happily ever after. Real estate expert Whitney Elkins-Hutten is here to tell you… it doesn’t always happen like that. Today, she shares strategies to turn this financial fairytale into a reality. To read Whitney's new book, Money for Tomorrow: How to Build and Protect Generational Wealth, click here: https://store.biggerpockets.com/products/money-for-tomorrow

Rumor has it that anyone can call up their credit card company and ask them to waive the annual fee as a retention offer. Nicole puts this to the test and brings you along for the ride. Originally aired June 2023

Monday is Memorial Day. You know what that means: discounts. Nicole shares which sales are actually awesome deals, and which you should skip.

In the second part of Nicole's conversation with Peter Mallouk (President and CEO of Creative Planning), they cover everything you need to know to enrich your future self: smart strategy for your retirement planning, protecting your assets in a trust and yes, your will.

Nicole does a deep dive into investing with Peter Mallouk, President and CEO of Creative Planning, an award-winning wealth management and investment advisory firm with over 300B assets under management or advisement. They cover everything from stocks, bonds, gold, real estate and even crypto. Whether you're a newbie investor, or work on Wall Street, you'll learn something helpful in this conversation. Plus, Peter shares what it was like co-writing a book with Tony Robbins.

Because personal finance isn’t taught in school, when it comes to money, we turn to the source for all of our answers to the questions that don’t get discussed in the classroom: our parents. This has been on Money Rehabber Reyna’s mind. Today, Nicole invites her on the show to give her advice on raising money-minded kids. PS: you too can get your answer questioned on Money Rehab— and we can keep you anonymous, if that's your jam! Send us your burning questions here: https://forms.gle/A4DEc52uYCxRUk6C9 Here's the book Reyna is lovin': https://nicolelapin.com/product/miss-independent/

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/ Originally aired 4/20/23

If you’re selling a property, you might have an awesome payday… but those gains could be erased by taxes. Thankfully, there are perfectly legal loopholes to avoid getting hit with a big tax bill. Nicole walks you through the loopholes you can use if you're selling your home, or an investment property.

Today Nicole sits down with one of the foremost experts on entrepreneurship and social media: Gary Vaynerchuk (GaryVee). In this conversation, Gary gives advice for anyone hoping to build a social following— for business or pleasure. He tells Nicole which platforms he’s bullish on, why you haven’t "missed out" TikTok— or any platform for that matter, and how to cope with social media anxiety. You can find more gems from Gary in his newest book, Day Trading Attention, which you can preorder here: https://garyvaynerchuk.com/attention/

GameStop jumped 70% in one day... what is this, 2021? Nicole explains why the stock is having a moment (again), and explains a central plot point of this story: trading halts. Plus, you'll hear advice from a Redditor who made millions on GameStop in 2021... and his advice is not what you think!

Right now, Nvidia— the current stock market darling— is trading at over 900 bucks a share, and the CEO has been warming towards the possibility of a stock split. Nicole decodes what a stock split is, how it affects investors, and what Chipotle's potential big split would mean for the company. To hear which companies give investors sweet perks, click here: https://link.chtbl.com/emngIqvE

What happens when you can't find the product you want? Claudia Oshry and Ben Soffer would say: you make it. Claudia and Ben (the minds and married couple behind @girlwithnojob and @boywithnojob, respectively) do, in fact, have many jobs. Today, Nicole talks about one in particular: founder of the sparkling cocktail brand, Spritz Society. Claudia and Ben tell Nicole how they started this brand from their own needs as consumers, and what it has to do with a fateful bathroom experience. To learn more about Spritz Society, click here: https://www.spritzsociety.com/

Last week, The Fed decided to keep interest rates steady. Today, Nicole unpacks how you'll be affected, and how you can use this update to your financial advantage.

At his annual shareholder's conference, the iconic investor Warren Buffett shared which stocks he's bullish and bearish on— and the answers will surprise you!

Nouriel Roubini is the closest we may ever get to an economic rockstar. Today, he sits down with Nicole to talk about his outlook for 2024. They cover interest rates, bond yields, Nvidia, crypto, and one you won't see coming: strippers as an economic indicator. You'll have to hear that one to believe it! Find more of Nouriel's work, including his latest book MegaThreats, here: https://nourielroubini.com/

Nicole heads to the New York Stock Exchange to talk with Peter Tuchman, AKA The Einstein of Wall Street. There, they confirm the rumors: the Wolf of Wall Street days are over. Peter reveals what it's really like working on Wall Street, how to protect yourself from scammy finance "pros" and how to navigate the market successfully. You can find more on Peter (including some of the famous NYSE photos) here: https://www.einsteinofwallst.com/

Today, Nicole talks to Money Rehabber Chelsey, who wants to know whether she should sell her dream home to give herself more financial freedom. Nicole talks Chelsey through whether she's overextending herself financially with a pricey mortgage... and spoiler alert: they have a major breakthrough.

It’s time for a Funny Money: the segment where Nicole gives bizarre headlines from business and money, and a comedian gives their non-expert insight on the topic. Today, the hilarious Gareth Reynolds is the funny expert. Gareth is a standup comedian, and cohost of two awesome podcasts, The Dollop Podcast and We’re To Help. Nicole and Gareth talk about the truly odd decisions some brands made for April Fool’s Day, the rise of the AI girlfriend industry and private jets for dogs. Listen to We're Here To Help here: https://podcasts.apple.com/us/podcast/were-here-to-help/id1702753838 Listen to The Dollop here: https://podcasts.apple.com/us/podcast/the-dollop-with-dave-anthony-and-gareth-reynolds/id643055307

As you get more familiar with investing, you’ll see public companies generally divided into two groups with respect to investors: growth stocks and value stocks. Nicole explains the difference, and what it has to do with an embarrassing moment at CNN. Happens to the best of us, right?

Originally aired July 28th, 2021 Nicole breaks down the Money Rehab wedding budget and tells you how to save $$$!

Elon Musk takes ketamine. Sergey Brin sometimes enjoys magic mushrooms. Steve Jobs was said to have partaken in psychedelics. The obvious next question is: Why? Peggy Van de Plassche has the answer. Peggy is a former banker and venture capitalist, who spent two decades in financial services, burned out, and then found success again through, yes, microdosing on mushrooms. For more on Peggy and her work, click here: https://themicrodosediet.com/

The secret to financial freedom can't be orgasm... can it? According to Emily Fletcher, it can— and it is. Emily (founder of Ziva Meditation, the host of the podcast “Why Isn’t Everyone Doing This?” and the author of Stress Less Accomplish More) joins Nicole to explain. Believe it or not, there's more. Emily takes Nicole through her business and explains the actionable steps she took to build a community around her brand. Learn more about Emily's work here: https://zivameditation.com/

Meeting with a financial advisor can feel like you’re inviting someone to see you financially naked and that is super stressful… especially if you’re not where you want to be financially, or if there’s something in your financial picture you’re confused about, but you don’t want to look silly if you ask for clarification. Today, Nicole and Cari Champion make your stress melt away by sharing ultra-embarrassing stories from meetings with their financial advisors. Trust us: you won't top this! Here is the financial planning company Nicole mentioned in the episode: https://facet.com/moneyrehab Here is the episode of Money Rehab where Nicole role-plays a financial planner call: https://link.chtbl.com/lw0H-QT9?sid=FACET

Happy Earth Day, Money Rehabbers! To celebrate, Nicole is giving you five tips to do good for your bank account— and the planet. Okay tofu haters, here's a recipe you have to try: https://www.theslimsituation.com/home/coconut-crusted-tofu

Tomorrow is 4/20… and yeah, we’re talking about it. Cannabis companies have attracted some bullish investors— and some bears. So, which one should you be? Nicole talks it through.

From the epic NCAA tournament national title game to the NBA Playoffs right around the corner, there's a lot going on at the intersection of money and basketball. To talk about the opportunity for investors, Nicole calls up Darren Rovell, sports business analyst, collector extraordinaire, and founder of cllct. Nicole and Darren talk about the rise of sports betting, what the new rookies mean for the profitability of the WNBA and the value of basketball memorabilia. $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

Today's episode is another installment of Funny Money, where Nicole gives bizarre headlines from business and finance, and a comedian gives their famously non-expert insight on the topic. Today, Nicole talks to the hilarious Sarah Tiana, a standup comedian who probably wrote some of your favorite roasts. Sarah explains why she would marry the eclipse, what advice she’d give Shohei Ohtani amidst his gambling/theft scandal and why referees should only be women. Check out Sarah’s special 44 here: https://www.youtube.com/watch?v=_ArqsXiBzOU $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

This episode checks all of the boxes. Want the secret sauce to being a bigger player at your company? Check. Are you thinking about starting your own thing and want the formula to determine whether you can leave your job behind? Check. Are you raising kiddos and want help teaching them the value of a dollar? Check, check and check. The reason this episode has everything is because it features the incredible and wise entrepreneur Nicole Walters. And when the Nicoles get together, they leave no stone unturned. Find Nicole's incredible new book, Nothing Is Missing, here: https://nicolewalters.com/nothing-is-missing/ Originally aired on: 2023-10-05 $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

In the second part of Nicole's conversation with Brian Kelly, AKA The Points Guy, Brian tells Nicole which vacation destinations are up-and-coming (and therefore, still cheap!), what you need to know if you're traveling with kiddos and what in the world is going on with Boeing. $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

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. Originally aired 4.2023

Today Nicole calls up Brian Kelly, aka The Points Guy, to give you all the tips on how to book your dream trip without breaking the bank. In the first part of their conversation, Brian shares his credit card picks for the best loyalty perks and debunks which viral travel tips really work, and which are BS. Stay tuned for the second part of their conversation next week, where Brian shares his favorite destinations for an awesome— and affordable— vacation.

Today, Nicole unpacks Biden's latest student debt relief plan, what it means for you, and whether it will actually happen.

When one person suspects their spouse of financial infidelity during a divorce process, they might call up a forensic accountant— an accountant who specializes in following money trails that have been intentionally obscured. Nicole sits down with forensic accountant Cheryl Hynes to talk about red flags that could mean financial infidelity and ways spouses hide assets from the other during a separation. Plus, Nicole revisits her conversation with Brandi Glanville, a Real Housewives of Beverly Hills alum who suspected her husband of financial infidelity during their divorce.

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/ $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s special offer for Money Rehabbers, go to: https://facet.com/moneyrehab

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/ Originally aired: 4.19.23

A financial planner is like a money coach that can help you meet your money goals. Let's be honest: we all could use that. Historically, financial planners have gotten a bad rap as inaccessible to the 99% and just plain intimidating— but, it doesn’t have to be that way. Today, Nicole will prove it. Nicole calls up Brent Weiss, a CFP®-certified financial planner and Head of Financial Wellness at Facet— a financial planning company that is truly changing the game. Nicole and Brent do a little client-financial planner role play to make your first conversation with a financial planner easier. Then, they dig into which questions you should ask a financial planner to make sure they're legit, what goals you should set, and how to measure success. Claim Facet’s offer for Money Rehabbers, and the list of questions Brent recommends you ask a prospective financial planner here: https://facet.com/moneyrehab

If you want to sell your house but haven’t listed it yet, you might want to wait until mid-July because it could mean keeping thousands of dollars in your pocket. And if you did just sell your house— you might be entitled to get some of your money back. It all comes down to a recent lawsuit. Nicole explains the headline, and how you can benefit from it. Check your eligibility for the settlement here: https://www.realestatecommissionlitigation.com/ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

Today's episode is another installment of Funny Money, where Nicole gives bizarre headlines from business and finance, and a comedian gives their famously non-expert insight on the topic. Today, Nicole talks to the hilarious Justine Marino, host of the Glitter and Garbage podcast. Justine gives her take on Wendy's dynamic (definitely not surge) pricing, what role she'd cast Winnie the Pooh in now that the intellectual property is in the public domain and yay or nay on Chizza. Subscribe to Glitter and Garbage here: https://podcasts.apple.com/us/podcast/glitter-and-garbage/id1506683181 $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

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/ $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab

In the second part of their conversation, Nicole asks Barbara all the most common questions entrepreneurs have on hiring— from how to budget for a good employee, to the most important interview questions to ask; and, Barbara has a hilarious story about the question a candidate asked her in an interview that landed them the job immediately.

There’s a whole lot of bad "financial advice" on TikTok — especially when it comes to real estate. Today, Nicole goes through some of these hot trends with THE real estate expert Barbara Corcoran. They talk about which hacks are true… and which are totally BS. They also talk about which celebrities need to get realistic about their wild real estate listings, how often Barbara checks her bank account and which of the Sharks on Shark Tank Barbara would start a business with. For more Barbara, join her community Barbara In Your Pocket: https://www.patreon.com/BarbaraCorcoran $ If you're ready to find your dream team, use LinkedIn Jobs. Post a job for free at: linkedin.com/mnn $ Want to level up your money moves? Check out Facet. Facet is the next generation of personalized financial planning that is making professional financial advice accessible to the masses, not just the rich. Facet will help you understand and expand your financial opportunities by providing you with a team of financial planners (with the CFP® certification you want) and a team of professionals across all the major food groups of your financial wellness: retirement planning, tax strategy, estate planning and more. To claim Facet’s offer for Money Rehabbers, go to: https://facet.com/moneyrehab