The Money with Katie Show

Rich Girl BT wrote in saying, "We talk more money with friends—but once they know the salary, they'll hold it against you. For example, they'll say, 'You can afford $750 for two nights at my wedding.' But I don't want to spend that." So, how do we navigate these situations in an attempt to be more transparent about finances? 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. *Instrumental theme credit from Justin Canton. Reminder: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, additional production credits, and more can be found at: https://moneywithkatie.com/money-conversations-friends. Learn more about your ad choices. Visit megaphone.fm/adchoices

The world of status symbols and all their various manifestations (“quiet luxury,” “stealth wealth,” and even conspicuous dressing down as a backhanded sign of prestige) has operated in a more or less predictable way over the course of history—until now. Amy X. Wang, whose reporting for the New York Times uncovered a replica black market that’s exploded in popularity in recent years, joins me to discuss. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/luxury-black-market. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Tax drag” can hold your money back from reaching its fullest potential—what is it, how does it work, and what do the outcomes look like? Plus, we share a wild money story involving $90,000 of debt. Have a money story of your own? Email us at [email protected], and we’ll anonymously share it. 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: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/tax-drag. Learn more about your ad choices. Visit megaphone.fm/adchoices

Writer Elise Loehnen (“On Our Best Behavior”) joined me to explore how our money stories make us spend, work, and live. Distinct cultural scripts shape our relationship with money, like “sloth” and “greed” or the idea that “a man should be a provider.” Even if you’re not consciously abiding by this societal shorthand, Elise says, it probably influences your attitudes. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/money-stories-culture. Learn more about your ad choices. Visit megaphone.fm/adchoices

We're always told how expensive children are once you have them—but how do you prepare for them financially before they're here? How should you adapt or shift your budget when it comes to doctor's visits, insurance policies, TTC tools, 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 (@moneywithkatie). New episodes every week. Reminder: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/cost-of-children Learn more about your ad choices. Visit megaphone.fm/adchoices

You know them, you love them, and you probably own them—but do you understand them? By “them,” I mean exchange-traded funds, or “ETFs.” We’re digging deep into these magical little devices (everything from fee structures, to diversification, to how “bond ETFs” might be a great replacement for your complex bond configurations). We’re joined by Samara Cohen, Chief Investment Officer of ETF and Index Investments at BlackRock—one of the largest providers of ETFs in the game—to see how she’s thinking about ETFs in 2024. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/investing-etfs Learn more about your ad choices. Visit megaphone.fm/adchoices

A recent Bloomberg Opinion piece said, "Your 401(k) will be gone in a decade," sounding off alarm bells in the MWK community. Is it true, and if so, what does it really entail? 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: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/401k-future. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you've ever waded into personal finance content, you’re probably familiar with lifestyle creep. It gets a lot of airtime because it’s a natural financial experience: to spend more as you earn more. But because there's no positive equivalent about intentionally upgrading your lifestyle, all enhancements are cast through this "to-be-avoided-at-any-costs" lens. Fortunately for us, my evolution on the subject has been entombed for eternity on the internet. I dug through five years' worth of posts for this episode…and I share the equation that helped me determine "how much" creep is encouraged. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/lifestyle-creep-episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

We've got some range for you today: Dissecting the recommendation to spend 30% on your housing (and if it's outdated), stories of folks receiving inheritances and homes from their parents, and a social experiment on gender and appearance. 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: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/30-housing-rule. Learn more about your ad choices. Visit megaphone.fm/adchoices

If the entire US economy were worth $1,000, a few of those dollars would be driven by music and movies. Of those few dollars, just three people (of whom one is imaginary) were at the helm in 2023, driving 30 cents of it on their own: Barbie, Beyoncé, and Taylor, who together generated around $10 billion in economic value last year. But despite this strong showing, women's media is still consistently belittled. Author, culture commentator, and host of the popular Be There in Five podcast, Kate Kennedy joins me to unpack the ways society often delegitimizes women's interests, how pop culture shapes actual culture, and the (financial) power of women's storytelling. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/womens-economic-power Learn more about your ad choices. Visit megaphone.fm/adchoices

If your loved one keeps making bad money decisions, should you intervene? And if so, what’s the best way to approach it? 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: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/money-intervention. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most of our listeners probably know they should be involved in the ~marital finances.~ But very few people, it seems, understand how signing a marriage contract legally changes their financial rights (I know I didn't back when I got married!). Whether you’re single and considering marriage one day, already happily married, or experiencing divorce, this episode is a must-listen. Content warning: This episode includes stories of intimate partner violence as well as financial abuse. This is not financial or legal advice—please do your own due diligence, as laws vary by state. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/marriage-financial-rights. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rich Guy Gavin asks, "Is the 15-year mortgage worth it?" Plus, given how few people can afford them nowadays, Katie and Henah chat through if the 15-year mortgage is dead. We run the numbers, the factors to consider, and some workarounds to make the 30-year mortgage more appealing. 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: This is not financial advice; we are not certified financial professionals—please do your own due diligence. Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/rgr-15-year-mortgage. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Simple Path to Wealth by JL Collins is financial independence canon. The premise boils down to elegant simplicity: Spend 50% of your income and invest the other 50% in one specific index fund, VTSAX. We ask the Godfather of FI about it all—covering everything from his reliance on VTSAX and the American economy, to managing market crashes, to the debate over homeownership. Reminder: This is not financial advice; please talk to a certified financial professional and do your own due diligence. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/simple-path-to-wealth-jl-collins Learn more about your ad choices. Visit megaphone.fm/adchoices

Rich Girl Liz H. wanted to know: "How do I know if I'm too 'liquid?'" Chances are, you probably do have too much in your emergency fund—Katie and Henah chat through mental blocks and reframes to consider, when you might want to save more, and what Katie personally keeps in her own accounts. Reminder: This is not financial advice; we are not certified financial professionals—please do your own due diligence. 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://moneywithkatie.com/rgr-too-much-cash. Learn more about your ad choices. Visit megaphone.fm/adchoices

Low-wage work is more prevalent in the US than any other high-income nation—and we've essentially seen 50 years of stasis in anti-poverty efforts. After reading four different books about why the US has such a difficult time minimizing poverty despite having relative abundance, we deep dive into the main issues that keep the poor in place. We also talk about ways to solve for poverty, like readdressing policy, improving allocations for spending, and more. Transcripts, show notes, production credits, and more can be found at https://moneywithkatie.com/poverty-in-the-us. Learn more about your ad choices. Visit megaphone.fm/adchoices

An Austrian heiress made headlines when she announced she would let 50 strangers decide what to do with $27M USD of her inheritance. Katie and Henah discuss the potential impact of this kind of social experiment, how the lack of inheritance and estate taxes disproportionately support inequality, and why "generational stability" might be worth striving for more than "generational wealth." 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://moneywithkatie.com/austrian-heiress-experiment Learn more about your ad choices. Visit megaphone.fm/adchoices

The abuse of prescription drugs on college campuses has skyrocketed in the last 10 years—and by extension, so too has the intricate ecosystem of college-aged dealers and distribution networks. So today, we're covering a multimillion-dollar fraternity drug ring scandal at the College of Charleston with the investigative journalist, Max Marshall, who covered it in his book, Among the Bros. We talk about power, privilege, and the near-total lack of consequences in this story — and how it serves as a bit of an allegory for the real world. Need a primer on the various names involved in this story? Mikey Schmidt, the main drug plug for the fraternity with connections to cartels in Atlanta, and the contact for the fraternity's distribution networks and runners Rob Liljeberg, a former Eagle Scout who went on to become the president of the Kappa Alpha fraternity Zach Kligman, also known as the "Charleston Kingpin," who would help traffic the drugs into Charleston Patrick Moffly, a socialite, beloved party boy, and son of a big-time real estate developer and a Congressional candidate. Moffly helped create and sell the drugs sold through the fraternity. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/fraternity-drug-ring. Learn more about your ad choices. Visit megaphone.fm/adchoices

What can you write off from your side hustle? Should your business be an S Corp? What's the best retirement account for self-employed folks? We cover it all, once again with the help of CPA & CFP Tim Steffen of Baird Wealth. Reminder: This is not financial advice; please do your own due diligence with a licensed professional. 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://moneywithkatie.com/business-writeoffs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tune in to this episode of BOSSY, the other podcast I host with entrepreneur Tara Reed, of Apps Without Code. This is a show we started at the end of 2023 to expand our surface area beyond just personal finance to entrepreneurship and career-focused conversations—you can hear new episodes every Thursday. This episode is our conversation about pivoting out of business slumps—aka, you've been trying something for awhile and it's just...not working. What do you do? What are your options? How do you get unstuck? Listen to BOSSY wherever you get your podcasts or on YouTube. Transcripts, show resources, production credits, and more can be found at: https://moneywithkatie.com/bossy-money-entrepreneurship. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 megaphone.fm/adchoices

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 resources, production credits and more can be found at https://moneywithkatie.com/tax-deductions-non-business. Learn more about your ad choices. Visit megaphone.fm/adchoices

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/adchoices

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://moneywithkatie.com/planning-group-travel. Learn more about your ad choices. Visit megaphone.fm/adchoices

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-nation-stats. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 (@moneywithkatie). New episodes every week. Transcript, show resources, production credits and more can be found at https://moneywithkatie.com/time-for-a-cpa. Reminder: This is not financial advice; please do your own due diligence. Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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 week. Transcript, show resources, production credits and more can be found at https://moneywithkatie.com/rich-girl-roundup-what-to-do-bonus. Learn more about your ad choices. Visit megaphone.fm/adchoices

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, resources, and more can be found at: https://moneywithkatie.com/when-its-time-to-work-with-a-financial-professional. — The information presented is solely for informational purposes. The information, statements, comments, views, and opinions expressed in this podcast do not constitute and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. The views or opinions expressed in the podcast are my views, or Shelby’s personal views, and do not reflect the opinions and beliefs of the podcast, its affiliates, my employer, or Shelby’s employer, or any other person.The podcast does not undertake any duty to publicly or otherwise update or revise any disseminated information. Learn more about your ad choices. Visit megaphone.fm/adchoices

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). New episodes every week. Transcript, show resources, production credits and more can be found at: https://moneywithkatie.com/rich-girl-roundup-roboadvisor-fees. Learn more about your ad choices. Visit megaphone.fm/adchoices

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://moneywithkatie.com/how-to-define-enough. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 credits and more can be found at: https://moneywithkatie.com/rich-girl-roundup-travel-tips. Learn more about your ad choices. Visit megaphone.fm/adchoices

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, resources, show credits, and more can be found at https://moneywithkatie.com/high-earner-not-rich-yet-henry-hacks. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 every week. Transcript, show resources, production credits and more can be found at: https://moneywithkatie.com/rich-girl-roundup-401k-rollover. Learn more about your ad choices. Visit megaphone.fm/adchoices

“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-scam. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Transcript, show resources, production credits and more can be found at: https://moneywithkatie.com/rich-girl-roundup-easy-ways-host-on-budget. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 provide the clarity and direction you’ve been looking for. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/set-financial-life-goals-for-next-year. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Transcripts, show resources, production credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-buy-now-pay-later. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 found at https://moneywithkatie.com/america-time-off-vacations-9-5-future. Learn more about your ad choices. Visit megaphone.fm/adchoices

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- and tax law-related data, we are not financial professionals. Please do your own due diligence. Transcripts, show resources, production credits, and more can be found at: https://moneywithkatie.com/rich-girl-roundup-debt-deep-dive. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. — Reminder: We are not licensed financial professionals, and this is not financial advice. Please do your own due diligence. Learn more about your ad choices. Visit megaphone.fm/adchoices

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://moneywithkatie.com/rich-girl-roundup-debt-deep-dive. Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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://moneywithkatie.com/rich-girl-roundup-investing-hack-kids. Learn more about your ad choices. Visit megaphone.fm/adchoices

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-teachers-became-the-norm-and-how-to-fix-it. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-katies-book-recommendations. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 of appreciation vs. cash flow. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/house-hacking-the-best-path-to-homeownership. Learn more about your ad choices. Visit megaphone.fm/adchoices

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. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-behind-the-scenes-of-mwk. Learn more about your ad choices. Visit megaphone.fm/adchoices

“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 found at https://moneywithkatie.com/the-resurgence-of-sugar-baby-culture. Learn more about your ad choices. Visit megaphone.fm/adchoices

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 (@moneywithkatie). New episodes every week. Transcripts, resources, show credits, and more can be found at https://moneywithkatie.com/rich-girl-roundup-money-marriage-risks-of-combined-finances-and-separate. Learn more about your ad choices. Visit megaphone.fm/adchoices