Claim OwnershipThe Richer Way Podcast with Jaime Catmull
Subscribed: 6Played: 125
Subscribe
© (c) 2023 GOBankingRates
Description
Do you struggle with taking your life and finances to the next level? Join Jaime Catmull, also known as “Your Money Champion,” as she interviews personalities from all walks of life to guide listeners toward “The Richer Way,” of life. Each episode contains powerful information to help you grow your personal experience with money and live a better life!
53 Episodes
Reverse
Many people are not born with financial advantages and need to make significant sacrifices to improve their financial situations. Jaspreet Singh joins Jaime in discussing practical strategies like reducing discretionary spending and improving financial literacy to achieve long-term financial stability. The episode stresses the importance of disciplined spending, investing wisely, and the benefits of financial education.
Our host Jaime Catmull sits down with financial expert and acclaimed author Brian Preston, the man behind The Money Guy Show. Brian aims to demystify the process of investing and provide a comprehensive guide on how to manage finances effectively. Brian also discusses the difference between investing and gambling, emphasizing the importance of broad market indexes and disciplined strategies. You will hear Brian sharing personal anecdotes, dismantling misconceptions around wealth, and underscoring the significance of long-term financial planning.
"Technology, especially AI, plays a crucial role in democratizing financial advice, enabling the average user to access insights and decision-making tools that were previously only available to wealthier individuals."The episode centers on Origin Financial's mission to boost user confidence in managing finances by providing comprehensive financial tools within a single app. Jaime Catmull and Atul Kakkar, Origin Financial's Chief Product Officer, discuss how the app, launched eight months ago, aims to help users make better financial decisions without solely focusing on wealth accumulation. They highlight the significance of technology, particularly AI, in democratizing financial advice and management, making sophisticated tools accessible to the average person.
We are joined by the insightful George Kamel, a bestselling author and personal finance expert from the Dave Ramsey team. In this episode, we'll dive into George's latest book, "Breaking From Broke," which critiques the toxic money culture that drives unnecessary debt accumulation.George shares his personal journey of climbing out of $40,000 of consumer debt using Dave Ramsey’s Financial Peace University course and discusses living debt-free for improved financial freedom. We'll explore unconventional ideas like obtaining a mortgage without a credit score, the importance of dental hygiene in preventing financial strain, and strategies for handling financial emergencies without resorting to credit.Jaime and George also touch upon broader societal issues like the student loan crisis, lifestyle creep, and materialistic pressures. Discover George’s "Smart Spender Plan" to make informed spending decisions and learn about the crucial shift in mindset needed to achieve true financial peace and independence.
We're thrilled to sit down with the fabulous Paula Pant, host of the Afford Anything podcast. Paula shares her deep insights into creating a life that aligns with your highest priorities and living richer—not just financially, but in every aspect of life. Jaime and Paula talk about the world of side hustles, exploring how gig economy jobs can serve as a quick cash solution and why it's essential to build scalable businesses for long-term success. Paula also discusses the ins and outs of real estate investment, underscoring the importance of perseverance and a long-term perspective. Plus, we'll hear her inspiring personal story of saving up to travel the world and leaving the 9 to 5 grind behind.Understand the critical role of financial psychology and how addressing invisible scripts around money can change your financial future. Learn about the rewards in work, the significance of finding your "why," and making deliberate spending choices—all to help you direct your limited resources towards what truly matters most.So, grab your notebook, and get ready for a wealth of wisdom from Paula Pant that could change how you think about making, saving, and investing money.
"If you wake up and do something different, something different is going to happen." - Vivian TuToday, we have the incredible Vivian Tu, a personal finance and investing creator with a massive following of over six million people. Vivian, who began her career on Wall Street before transitioning to the tech media world, has made an impressive leap to becoming a best-selling author and content creator. In this episode, our host Jaime Catmull dives deep into Vivian's journey, from her viral TikTok debut to her successful "Your Rich BFF" project. Through engaging discussions, Vivian shares her tips for financial management, overcoming societal barriers, and the importance of passion in content creation.
Edd and Cynthia Staton share with Jaime their journey of retiring abroad after financial hardships, highlighting how they maintain an upscale lifestyle on a modest budget. By exploring alternative retirement options and providing practical advice for potential expatriates, the Statons illustrate how retiring abroad can offer a richer life. They discuss their personal experiences, budgeting tips, and the importance of thorough planning and community support in achieving this lifestyle.
Jason Tartick, a man whose romantic journey captured public attention on "The Bachelorette" has a life story that extends far beyond his televised search for love. With a decade of experience in finance, Jason's expertise is rooted in lessons from his grandfather, who taught him how to invest at the tender age of 16. His commitment to the field of finance led him to achieve an MBA in accounting and finance, positioning him as an astute financial expert with experience in lending substantial sums to large corporations. Beyond the spotlight of reality TV, Jason is a respected voice in personal finance, eager to share his knowledge and experiences with others. His multifaceted career reflects not only his stint in reality television but also a profound understanding of the financial world, shaped by years of dedicated study and professional practice.With our host Jaime Catmull, Jason discusses the intricate connection between personal fulfillment and financial literacy, particularly within the realm of relationships. The episode offers insights into financial behaviors, the emotional aspects of spending, and the role of open communication in building strong financial and romantic partnerships. Jason and Jaime present actionable steps toward not just managing money, but enriching lives through healthy financial practices.
We’re diving deep into personal finance with none other than Suze Orman, the best-selling author and world-renowned financial expert. Suze joins our host, Jaime Catmull, to unravel the mysteries of money management and offers timeless advice on living below your means but within your needs. From her imaginative perspective on money as a manifestation of who you are to practical tips like avoiding frequent dining out to save money, Suze delivers actionable insights tailored for anyone eager to get out of debt and save for the future. "You can never fix a financial problem with money." This profound statement by Orman encourages listeners to look inward for solutions to financial issues, suggesting that money problems are often symptoms of deeper personal challenges.Get ready to challenge your financial habits and discover new strategies to live richer. Whether you're wrestling with debt, seeking ways to optimize your retirement savings, or just looking to indulge in some frugal habits that even the wealthy swear by, this episode is packed with advice that could change your financial trajectory. Join us as we explore Suze Orman’s expert advice on building and maintaining personal wealth.
Olympian and personal finance advocate Keturah Orji shares her journey from track stardom to becoming passionate about personal finance. From her experiences in navigating financial planning as an athlete to empowering women and providing financial coaching, Keturah Orji's insights shed light on the importance of financial empowerment and representation in the financial industry. She emphasizes the impact of education, representation, and accountability in empowering individuals, particularly women, to achieve financial goals, leading to greater independence and autonomy.
The latest episode of The Richer Way Podcast features Ally Bank's CMO Andrea Brimmer, who shares her unexpected path to becoming a chief marketing officer, the role of sports in shaping her leadership skills, and her deep-seated belief in mentorship and financial empowerment. From an early age, Andrea was drawn to the dazzle of the ad industry, with aspirations of making her mark by working on iconic accounts and soaring within the vibrant agency sphere. Despite her dreams, Andrea's career took an unexpected detour—a transformative "hard left" from her envisioned agency path—when she transitioned to the brand side. She joined GMAC before it evolved into Ally, embracing a new journey that would harness her passion for marketing in ways she’d never initially imagined. The discussion between Jaime and Andrea explores how personal passion and professional evolution intertwine to achieve success and fulfillment, both in career advancement and the enriching experience of money spent wisely.
Our guest today, Jade Warshaw, shares her personal journey of eliminating a substantial amount of debt and achieving financial freedom with her husband. Through her experiences, Jade emphasizes the importance of embracing a budget as a tool for empowerment rather than a restriction, encouraging listeners to challenge their beliefs about money management.Key Points/Topics Covered:1. The importance of having a clear plan of action to conquer debt2. The impact of childhood experiences and belief systems on financial habits3. Overcoming negative perceptions of budgeting and transforming them into a positive mindset4. The benefits of persistence and commitment to a structured financial plan5. The unexpected turn of events that led to Jade Warshaw working with Dave RamseyKeep listening to The Richer Way Podcast for more insights and valuable advice on managing wealth and living a financially empowered life.
The Richer Way Podcast invites personal finance expert Lynnette Khalfani Cox, who discusses the vital role of emotional resilience in financial recovery. Lynette opens up about her own journey of eliminating six-figure debt and offers profound insights from her book "Bounce Back." While diving into the emotional and personal side of money, the conversation highlights how addressing trauma and shame can lead to healthier financial decisions and a richer life.
Kathy Pickering, Chief Tax Officer at H&R Block, joins Jaime Catmull to dissect the 2024 tax changes and offer practical advice on managing one’s finances in light of recent and pending legislation. They go deep into the implications of life changes like marriage or having a child on tax situations, how to properly report side hustle income, and important credits and deductions that listeners should be aware of. Pickering emphasizes the value of being present and grateful to truly live richer and shares personal anecdotes on helping others achieve financial stability.Ready to take control of your finances and optimize your tax returns? Don't forget to subscribe to The Richer Way Podcast so you won't miss out on invaluable insights that can save you money and stress. And if you found this episode with Katherine Pickering enlightening, please share it with your friends and family to help them live richer too!
In today's episode, we have an exciting discussion with John Rosenfeld, the president of Jenius Bank. We examine the evolution and future of the banking industry, exploring the shift towards digital banking, advanced analytics, and AI in improving the customer experience. With insights on personal finance and the changing banking landscape, we'll explore how individuals can make the most of their money and find the right banking solutions for their needs. Join us as we uncover the secrets to "living richer" in both finances and life. Don't forget to subscribe to the podcast for more valuable information on money management and personal growth.
Michael Liersch, head of advice and planning for wealth and investment management at Wells Fargo, joins Jaime Catmull on The Richer Way Podcast to discuss the importance of setting small, specific goals, prioritizing financial intentions, and embracing fun while building wealth. They explore the complexities of individuals' relationships with money and offer insights on how to make intentional decisions about spending and saving. This episode emphasizes the need to align financial goals with personal values and desires.Key Points/Topics Covered:The importance of setting realistic financial goals and celebrating small wins.The pressure to show off flashy spending on social media and the need for intentional spending communities.Understanding and addressing emotions and motivations behind spending habits.Balancing financial security with enjoyment and avoiding the concept of personal sacrifice.Listen in to Jaime and Michael to embrace intentional spending, set small goals, and celebrate each milestone on your journey to living richer.
In this episode, host Jaime Catmull interviews Laura Adams, a money expert and the host of the award-winning Money Girl podcast. Laura shares her personal finance journey, including how she got into debt and the steps she took to regain control of her finances. She emphasizes the value of taking control of your finances and the importance of earning more income to achieve your financial goals. Laura also shares some micro money habits that can have a massive impact on your financial health. Tune in to this inspiring episode to gain valuable insights and tips on living a richer life.
In this episode of The Richer Way Podcast, host Jaime Catmull welcomes guest Louis Barajas, a wealth and business manager, podcast host, author, and advocate for underserved communities. Louis shares his journey from a rough neighborhood in Los Angeles to becoming a successful financial planner, emphasizing the importance of aligning financial goals with personal values and desires. He challenges traditional mindsets around money, explores the connection between financial well-being and happiness, and offers practical insights to help listeners live richer lives.During our conversation, we'll explore topics such as the commoditization of financial planning and investments, the role of mindset in building wealth, and the significance of aligning financial goals with core values. Louis will also address the common financial traps individuals fall into and provide expert strategies for breaking free from those cycles.But it's not all about money. Louis believes in living a fuller life, and investing in happiness and relationships. He'll challenge our perspectives on budgets, share the importance of saving even small amounts regularly, and highlight the significant impact of removing excuses and automating our savings.Join us as Louis Barajas inspires us to redefine our relationship with money, strive for financial greatness, and create a life of purpose and fulfillment. Get ready to embrace living richer and unlock the power within ourselves to achieve our dreams, both personally and financially.
In this episode of The Richer Way podcast, host Jaime Catmull sits down with Michael Jabbara, Vice President and Global Head of Fraud Services at Visa, to discuss the alarming rise of fraud and identity theft. They delve into the various methods used by criminals to steal personal information and money and explore the role of technology in both enabling and combating fraud. Michael shares insights from Visa's study on fraud, revealing shocking schemes such as fake merchants, tricky giveaways, and scams targeting college students. He explains how Visa's dedicated team infiltrates fraudster circles and uses intelligence to proactively block fraudulent transactions. Listen in to learn the importance of staying vigilant in an increasingly digital world.
Welcome to another episode of The Richer Way Podcast! Today, we have a very special guest, Bobbi Rebell, who will be sharing her insights on financial wellness and the importance of mindset. In this episode, we'll dive into various stages of life and how they impact our financial decisions. From our twenties and thirties: when we have the opportunity to hoard money, to our fifties and sixties: when retirement becomes a focal point, Bobbi offers valuable advice on how to navigate these critical years. We'll also explore her book, "How to Be a Financial Grown Up," which features interviews with top financial executives sharing their turning point moments. Additionally, Bobbi shares her own experiences as a parent, discussing the challenges of guiding young adults to make smart financial choices and how to deal with financial peer pressure. Stay tuned as we unravel the secrets to financial wellness and learn how to live richer on this episode of the Live Richer Podcast.
Are you tired of hearing the same old stories of financial distress and foreclosure? Brace yourself for an unexpected twist that will leave you inspired and hopeful. Join Jaime as she continues part 2 of the interview about the remarkable journey of Jamil Damji, a real estate investor who defied the odds and found a more compassionate approach to wholesaling. Experience the heart-wrenching realities of his past and witness the transformative power of ethical business practices. In this episode, you will be able to:Decipher the changing landscape of the fix and flip market offering a fresh perspective on property investment.Grasp the intriguing story of homeowners getting transitioned into unintentional landlords and its influence on housing dynamics.Evaluate the shortage of housing inventory and how to maneuver challenges tied with it effectively.Get insights on capitalizing on wholesaling as a viable real estate investment strategy for diverse portfolios.Unearth the significance of cultivating relationships with real estate agents in achieving your real estate goals.Jamil Damji is a respected expert in the real estate arena, specifically wholesaling, who brings his unique perspective to the market. Born from his own experiences of market ups and downs, Jamil has honed a business model that combines convenience, fairness, and profitability in an extraordinary way. He has had great success nurturing relationships with real estate agents and focusing on the art of ethical transactions. His vast experience has given him a deep understanding of the market intricacies, making him an invaluable resource for those dipping their toes into real estate investment.
Want to boost your confidence and ability to take calculated risks in real estate investment? Looking for a solution to achieve this desired outcome? Look no further! Join Jaime as she welcomes Jamil Damji, a seasoned real estate investor, who will be sharing proven strategies and techniques to help you attain increased assurance and capacity when it comes to taking calculated risks in the real estate market. Get ready to elevate your investment game and unlock new opportunities in the world of real estate. Don't miss out on this chance to achieve enhanced confidence and capability that will propel your success in the industry in part 1 of this two-part series!In this episode, you will be able to:Navigate through captivating chronicles of real estate conquests to fuel your ambition.Gain vital insights into sniffing out potential success in your real estate endeavors.Immerse yourself in the importance of solution-finding as the cornerstone of prosperous real estate transactions.Unravel how surrounding yourself with accomplished individuals can amplify your real estate achievements.Be introduced to the science of calculated risks in the high-stakes game of property investment.Prepare to be charmed by our guest today: Jamil Damji. Heralding from a humble background in Calgary, he turned a chance encounter with property developers into an unexpected and wildly fruitful career in real estate. In fact, it was a single audacious deal that catapulted him from struggling to make ends meet to becoming the millionaire co-founder of a nationally franchised real estate wholesaling business. Now, Jamil's mission is to show–beyond a shadow of a doubt–that anyone can unlock the boundless possibilities of real estate investment if they just dare to dream as he did.
In a world where women and minority-owned businesses face countless obstacles, Vachon Harper-Young sheds light on the challenges and shares the resources available to overcome them. But just as the path to success starts to become clear, a sudden twist leaves Vachon in a precarious position. Jaime talks with Vachon on how she set out to find a way to navigate the treacherous landscape of entrepreneurship. In this episode, you will be able to:Unearth diverse financial options to fuel your start-up's growth.Recognize the power of a thorough business plan in charting a profitable course for your company.Master the art of balancing expenses and stock, vital for lean operation management.Gain insight into the specific obstacles faced by women and minority business owners in the current ecosystem.Comprehend the pivotal role of enlightenment and backing in nurturing entrepreneurial aspirations.Vachon Harper-Young is not just a banker with over 30 years under her belt. She's also a trusted advisor who genuinely enjoys helping small businesses navigate the complex world of financing to achieve their goals. Vachon currently serves as the Vice President and Regional Relationship Manager for the Zero Barriers to Business Initiative at BMO. Her wealth of knowledge about the business and financial landscape, coupled with her passion for small business success, makes her a stellar resource for entrepreneurs seeking to make sense of their financial futures. Her refreshing honesty, insight, and personable nature truly set her apart in her field.
Do you want to ensure a financially stable and well-planned retirement? Are you looking for ways to optimize your Social Security benefits? Join Jaime as she welcomes Barbara Ginty, a financial expert, who will reveal the solution to achieve the outcome you desire - a more secure and optimized retirement plan. Barbara will share the key importance of financial education in retirement planning, equipping you with the knowledge and tools necessary to make informed decisions about your Social Security benefits.In this episode, Jaime and Barbara discuss:The importance of financial astuteness for future-proof retirement plans.How to assimilate the impacts of freshly implemented regulations on your Social Security benefits.Mastering the art of optimizing your Social Security benefits with proven strategies.Familiarizing yourself with tax implications tied to Social Security benefits.Understanding the graduated impact of Social Security benefits on different income levels.Barbara Ginty is the beacon for discerning listeners pursuing financial freedom. Barbara’s reputation as a sturdy pillar in the financial community has been carved by her astute knowledge in Social Security estate planning, a feat achieved through spearheading a wealth management firm and hosting the successful 'Future Rich' podcast. Her inspirational call for solid planning and financial literacy is a testament to her commitment to spreading the message for strategic retirement decision-making. Don't miss out on this opportunity to gain the financial security and peace of mind you deserve in your retirement years.
Do you want to unlock the key to financial abundance? As a college student, you may feel overwhelmed by the idea of building credit. But fear not, because Patrice Washington has the solution to help you develop the necessary habits for financial success. By implementing these strategies, you'll pave the way for a prosperous financial future, full of opportunities and possibilities.In this episode, you will be able to:Debunk misconceptions about credit and appreciate the crucial role of continuous education and credit report scrutiny.Establish your credit prowess through targeted debt elimination approaches and aids to boost your credit rating.Break free from unfavorable mindsets associated with credit and challenge limiting beliefs.Pursue valuable resources and connect with supportive individuals in your journey toward financial enlightenment.Adopt a life of abundance by resonating with growth-oriented means and basking in a state of financial prosperity.In this episode, Jaime sits down with Patrice Washington, an award-winning author, speaker, and founder of the Redefining Wealth community. With a focus on helping others achieve financial well-being and purposeful living, Patrice shares her own journey with credit and debt that began in college. Her experiences and emotional attachment to spending have inspired her to educate others on the importance of breaking free from harmful beliefs about money. As a media personality, Patrice is committed to sharing valuable insights and practical advice for managing credit and finances.
If you're feeling overwhelmed and hopeless about your financial future despite working hard and saving money, then you are not alone! Many young adults find themselves in this situation due to a lack of financial literacy and unrealistic expectations. You may be budgeting diligently, but not seeing the results you want because you're not investing or managing debt effectively. Or perhaps you're afraid to take risks and are missing out on opportunities to grow your wealth. Whatever the reason, taking action now and educating yourself on financial planning is crucial to achieve a secure future.In this episode, you will be able to:Master the art of financial planning to guarantee your future security.Gain insights into social security and how to foresee the benefits available to you.Delve into the exciting realm of Bitcoin and digital asset investments for financial growth.Prepare yourself for the dynamic, AI-influenced job market of the future.Choose the college degree that aligns with your goals while remaining budget-friendly.In this episode, Jaime speaks with Ric Edelman. Get to know Ric Edelman, a trailblazing financial advisor, bestselling author, and captivating podcaster with an unwavering commitment to empowering people to achieve financial success. With numerous accolades under his belt, including being named the number one independent financial advisor in the nation three times by Barons, Ric has become an invaluable source of guidance for young adults seeking financial literacy. By instilling the importance of diversification, long-term investing, and dollar-cost averaging, Ric paves the way for financial security and independence.
Jaime Catmull speaks with luxury wedding planner Lisa Jaroscak who shares the importance of budget and destination selection for couples while navigating the complexities of cultural traditions and market-specific expenses.In this episode, you will be able to:Uncover the secrets to crafting an incredible destination wedding adventure.Understand the role of practical budgeting in making your wedding vision come to life.Identify the traits of an experienced planner with knowledge of your preferred destination.Navigate the complex world of destination wedding decorum and couple-focused decision-making.Empower your life by pursuing your passions and embracing an optimistic environment.Lisa Jaroscak, an experienced wedding and event planner for over 15 years, has specialized in destination weddings for the past decade. She combines her love of travel, living abroad, and wedding planning knowledge to create unforgettable experiences for couples worldwide. Lisa founded Elegante Weddings and Events, focusing on providing luxury, high-end event planning experiences, while maintaining a personalized process tailored to each couple's unique needs and desires.
Kim Kiyosaki was living paycheck to paycheck, without any knowledge of finance, however, her determination to break the cycle of dependency led her on an unexpected journey of financial success. Now, she is a beacon of hope for women, inspiring them to take control of their finances and achieve the financial freedom they deserve. What amazing lessons has she learned along the way?In this episode, Jaime and Kim discuss how to:Unlock the secrets to financial freedom through education and diversified investments.Embrace the power of financial literacy and independence as a woman.Transform liabilities into assets for creative wealth-building opportunities.Keep moving forward, overcome setbacks, and design a fulfilling life.Grasp the importance of personal finance management for a secure future.As the CEO of the Rich Dad Company, Kim Kiyosaki is dedicated to empowering women with the knowledge and tools needed to achieve financial freedom. Her weekly radio show, The Rich Dad Radio Show, reaches millions of listeners eager to learn from her expertise. Kim is also the author of the popular books Rich Woman and It's Rising Time, which offer valuable advice for women looking to take control of their financial futures.
Despite facing adversity, Brandon Copeland refused to let his dreams slip away. His hard work and determination eventually led him to the NFL - but it didn't stop there. Now, his newfound success has propelled him to inspire others, teaching them the tools he wishes he had known earlier in life. Uncover the unexpected twist in Brandon's story and how it's helping to create new opportunities for everyone.In this episode, Brandon discusses with Jaime how you will be able to:Grasp the vital role financial literacy and self-esteem play in effective decision-making.Harmonize your financial objectives with your individual values and aspirations.Discover valuable resources and connections for enhancing your financial comprehension.Triumph over anxiety, self-doubt, and societal pressures to attain success.Embrace a comprehensive approach to financial education, encompassing mindset and relationships.With a passion for financial literacy and helping others, Brandon has become a powerful advocate for young adults seeking financial empowerment. Through his nonprofit, Beyond the Basics, Inc., Brandon focuses on providing tools and information to those looking to better their financial situation. His ability to connect with others, share his personal experiences, and provide actionable advice makes him the perfect guest for a discussion on overcoming anxiety, self-doubt, and societal expectations.
Tune in to The Richer Way Podcast and discover the unexpected twist in the story: Mark Jaeger reveals how you can use knowledge of taxes and investments to take control of your financial future! But be warned - the complexities of the tax landscape may be more daunting than you think...Mark Jaeger, a respected expert in taxes and investments, joins The Richer Way Podcast to share valuable insights on navigating the complexities of tax filing. With years of experience in the field, Mark has honed his understanding of the intricacies involved in managing different types of accounts, investments, and financial transactions. His dedication to helping others make informed decisions allows him to break down complicated tax topics into digestible information for listeners. Mark's unique perspective on tax management stems from his own experiences, ensuring that his advice is both relatable and actionable for those seeking guidance.The resources mentioned in this episode are:Report all income on your taxes, regardless of the amount or the source, to avoid potential penalties and ensure accuracy.Familiarize yourself with the new 1099K form, which is required for reporting sales of goods or services on platforms like eBay and Venmo if you meet certain thresholds.Keep detailed records of all financial transactions, including investments and cryptocurrency transactions, to facilitate accurate tax reporting.Understand the tax implications of different types of investments and accounts, such as taxable versus tax-advantaged accounts and the different tax rates for short-term and long-term capital gains.Consult a tax professional if you have any questions or concerns about your tax situation, especially if you have complex investments or income sources.Consider gifting assets, such as stocks or NFTs, to family members with lower tax rates in order to potentially minimize capital gains taxes, but be aware of the gift tax reporting requirements.Stay informed about upcoming changes to tax regulations, particularly those related to cryptocurrency and digital assets, in order to maintain compliance and avoid penalties.Navigating Tax Implications of Investments and TransactionsTaxes on investments and transactions can often seem complex and daunting for individuals. Knowing the difference between taxable and non-taxable accounts, as well as the various types of investments and associated taxes, is essential for accurate tax filing and avoidance of potential penalties. Understanding tax implications can also help individuals optimize their financial decisions and investment strategies throughout the year. During the conversation, Mark Jaeger shared his insights on taxable and non-taxable accounts, emphasizing the importance of being vigilant with record-keeping for all transactions. He also discussed how various forms of investments, including cryptocurrency, should be reported on taxes. His experience and knowledge highlight the necessity to stay informed and proactive when dealing with investments and transactions to ensure a financially secure future.
Are you ready to take charge of your career and get the raise you deserve? Learn the secrets to successful salary negotiations here!You will learn the secrets to successful salary negotiations to help you take charge of your career and get the raise you deserve.Mandi Woodruff-Santos is the award-winning cohost of Brown Ambition and founder of the MandiMoney Makers™️, a one-of-a-kind leadership & career coaching community for women of color.Mandi learned that negotiating to get a raise is the key to unlocking wealth. Mandi provides tips on how to tactfully ask for a raise, such as having a discussion with your manager to understand expectations, researching your market value, and taking job interviews to strengthen your network and gain leverage. She also encourages people to surround themselves with positive voices and to take actionable steps every day to reach career goals."When we win financially, don't worry. Everyone else will be just fine."In this episode, you will learn the following:1. How to Turn Your Career into an Engine for Wealth Building: Learn how to strategically approach your career and advance to increase your earnings and build wealth.2. Leveraging Job Interviews to Increase Your Market Value: Discover how to use job interviews to understand your worth in the current job market and get the leverage you need for a raise or promotion.3. Overcoming Fear to Ask for More: Unlearn negative messages that limit your potential and learn how to ask for more and get what you deserve.
Nev Schulman is the co-host of MTV's "Catfish" and is known for his own experience with romance scams. He is passionate about helping people protect themselves from online scammers and has recently teamed up with Zelle to protect people's money.Nev learned about financial scams when he was the subject of the 2010 documentary "Catfish." Through his experience, he discovered that people can be vulnerable to scams through romance, utility companies, ads, and more. He emphasizes the importance of being discerning and doing research before engaging with any suspicious activity.He also warns against the "love bombing" technique and urgency tactics that scammers use. If you are a victim of a financial scam, there is often not much recourse, but it is important to report it so that companies can work to prevent it from happening again."Rather than trying to rely on larger agencies to protect us, the responsibility really falls on the individual. We have to be discerning. We have to do our research.”In this episode, you will learn the following:1. What is the story behind Nev Schulman's experience with Catfish?2. How can you protect yourself from financial scams?3. What are the red flags to look out for when it comes to romance scams?
Wondering how to save money? Discover the top personal finance advice and tips to start building your savings today!"Invest in yourself, keep your money, pay yourself and that's going to help you a lot with reaching your savings goals."Morgan Gray is the senior vice president and head of Bask Bank and also a savings expert. She has helped many people reach their savings goals, including buying a house three years ago. Morgan provides invaluable advice on how to save money and make the most of interest rates.Morgan Gray was on a mission to provide practical personal finance advice and help people save money. She recommended starting small and setting goals, such as the classic 50/30/20 rule; 50% needs, 30% wants, and 20% savings. She also suggested putting savings into a high-yield savings or a certificate of deposit account, as it is a great way to grow money and earn more interest than expected. Ultimately, Morgan's advice was to start saving, have faith in your savings, and find unique ways to earn rewards.In this episode, Jaime talks with Morgan about the following:1. Getting started with saving by using the 50/30/20 budget rule.2. Learning how to take advantage of high-interest rates in a savings account and lock in rates with a Certificate of Deposit (CD).3. Discovering how to earn airline miles with a savings account and unlock additional rewards.Disclaimer: Bask Bank is a division of Texas Capital Bank. Member FDIC. The views and opinions expressed in this article are those of the author and do not necessarily reflect the views and opinions of Texas Capital Bank.
Jaime talks with Kevin O'Leary of Shark Tank and Howard Marks about diversifying your investments and experiencing extraordinary returns."Don't fear failure. Particularly if you're an entrepreneur, you are going to fail and I think you get a great lesson from that. But again, what we constantly see over and over again, great companies, great CEOs, great founders, learn how to pivot when the economy changes dramatically."Kevin O'Leary is a successful entrepreneur, investor, host and shark from CNBC's Shark Tank, and Howard Marks is the cofounder of Start Engine and the former chairman of Activision Studios and founder and CEO of Acclaimed Games.Kevin O'Leary and Howard Marks discovered the power of investing in startups, a sector that provides extraordinary returns compared to the stock market. Through Start Engine, they learned that a diversified portfolio of startups can provide long-term benefits and yield high returns. With the democratization of venture capital, anyone can now shop for ideas and products they like on Start Engine and build a portfolio that works for them. Taking a bet on an entrepreneur can pay off in a big way, making it possible to live richer.In this episode, you will learn the following:1. What are the extraordinary returns from venture capital that other sectors can't offer?2. What is the value of equity crowdfunding for startups in terms of reducing the cost of capital?3. How can one maximize returns through diversification and understanding the risks of investing in startups?
Jaime Catmull speaks with Jason Stverak and Senitra Horbrook about how to maximize credit card reward points and the possibility of Congress taking away credit card reward points. Jason talks about the Hands Off My Rewards initiative and what to do to keep your hard-earned credit card reward points. Senitra gives an insight into how to travel and book flights for free with points.This episode of The Richer Way podcast is sponsored by Hands Off My Rewards.
Jaime Catmull and Rachel Cruze talk about not breaking the bank for Christmas. Rachel gives tips on how to stick to your Christmas budget and change your mindset about gift-giving while dealing with inflation. Rachel also explores what to do if you're hosting for the holidays and planning on giving gifts.This episode of The Richer Way podcast is sponsored by Hands Off My Rewards.
In this episode, Jaime Catmull speaks with Senior Vice President and Head of Consumer Bank at Synchrony, Samantha Melting about planning financials after the loss of a partner and preparing for retirement. Samantha Melting is responsible for the business strategy, growth, and leadership at Synchrony. As a widow and mother of two, Samantha has over 27 years in the financial services industry and has plenty of experience and passion to teach about financial wellness during tough times. This episode is sponsored by Synchrony Bank--a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites to move customers and partners forward.
In this episode, Jaime Catmull speaks with TikTok star Shannon Doherty, about back-to-school shopping hacks all parents can use and how to balance a career while being a parent. Shannon is an entrepreneur, lifestyle influencer and mommy vlogger with over 1.8 million followers on TikTok with her brand “At Home With Shannon.” She also gives pointers to parents who want to make career pivots, lifestyle changes and what it means to live the richer way. This episode is sponsored by Grasshopper Bank--digital banking designed to drive your business forward.
In this episode, Jaime Catmull speaks with BiggerPockets Money host Mindy Jensen, about the ins and outs of buying a home during inflation. Mindy Jensen is a published author, licensed real estate agent, and an expert on the real estate market with experience in buying and selling homes since the late '90s. Jensen shares ways first-time homebuyers can put a down payment for a house during inflation. She also talks about the future of the housing market for the year, and what people should do in their real estate investments during uncertain times.
In this episode, Jaime Catmull speaks with Jaime Rogozinski, the founder of Reddit’s notorious WallStreetBets. Jaime Rogozinski is a published author, serial entrepreneur, and public speaker. Rogozinski shares why he thinks his crypto fund is succeeding while the rest of the market is flailing right now. He talks about tracking trades by members of congress, investing fears, how to start investing, and what to do if you lose money on trades. Catmull also asks Rogozinski about how his life has changed since his subreddit took off last year, and what living richer means to him.
In this episode, Jaime speaks with The Points Guy founder and travel expert, Brian Kelly about credit card tips to maximize travel, getting coverage and perks from travel rewards cards, and saving money for your next vacation. Brian explains to Jaime tips on how to beat higher costs when planning a vacation with credit cards that act like travel insurance.Jaime asks Brian how to keep track of travel points and which credit cards are the best for travel credit cards. A great way to know where you stand financially and plan for your future is by using tools like our sponsor Personal Capital to plan ahead.
In this episode, Jaime speaks with John Liang, a TikTok and YouTube star who shares finance tips on travel, investing, getting rent for free, and even retiring by 40. John explains to Jaime what the money illusion is and how it relates to inflation making your paycheck worth less.Jaime asks John if moving jobs means getting paid more, how to increase income streams during inflation, and how he managed to get rent for free. John explains to Jaime which video was his most famous and what living richer means to him. A great way to know where you stand financially and plan for your future is by using tools like our sponsor Personal Capital to plan ahead.
In this episode, Jaime sits down with TikTok and textile artist Simji. She explains how she became a social media influencer by just using a tufting gun to make rugs out of anything she could imagine. Simji discusses the ins and outs of social media curation for rug making and selling, and how to acknowledge finances as a rising star on TikTok. Simji also tells Jaime what it means to truly Live Richer. A great way to know where you stand financially and plan for your future is by using tools like our sponsor Personal Capital to plan ahead.
In this episode, Jaime Catmull is joined by Andy Hill of the Marriage, Kids, and Money podcast. Andy discusses tackling debt with his wife, being intentional about spending habits, and how parenthood made him rethink what type of "rich" he wanted to be. Jaime asks Andy how long it took him to eliminate his debt, tips for others on their getting out of debt journey, the feeling of becoming a millionaire, and what it truly means to a "richer way" of life.
In this episode, Jaime sits down with internationally recognized money and career expert, Tori Dunlap. Tori explains how she was able to quit her corporate job in marketing and go on to found “HerFirst100k” – putting women in charge of their money. Tori discusses with Jaime how she talks to women about financial feminism but also can acknowledge the need for societal and systemic change. Jaime asks Tori for tips about financial stability, asking for a raise and education, and Tori’s app Treasury. Lastly, Tori tells Jaime what living a richer way of life means to her. A great way to know where you stand financially and plan for your future is by using tools like Personal Capital to plan ahead.
Jaime Catmull speaks with Bigger Pockets host Mindy Jensen, HerFirst100k founder Tori Dunlap and Michelle Brownstein, CFP® and senior vice president of the Private Client Group at Personal Capital. They discuss: Is now the time to invest in real estate in a volatile market? Plus, how to get the raise you deserve and how to save for retirement during high inflation.
In this episode, Jaime talks with Dr. Lakisha Simmons about how she was able to retire at 41 and the steps and tools, like Personal Capital, she used to get there. Dr. Lakisha discusses her humble beginnings growing up financially insecure to achieving financial freedom.Jaime asks Lakisha the steps she took to be able to retire at the age of 41. She explains how she reduced her stressors to continue to make ends meet and discovered the F.I.R.E. (Financial Independence, Retire Early) movement. Dr. Lakisha describes her definition of living richer.
George Kamel and Kristina Ellis from Ramsey Solutions talk with our host Jaime Catmull about student loans, paying off debt, and raising money for college. In this episode, George touches on how many Americans are carrying student loan debt, while Kristina talks about raising money for college given her circumstances. Jaime asks them where can people find scholarships, how long did it take George and Kristina to pay off their debt, and the importance of goal setting. Lastly, George and Kristen let Jaime know what it means to live a richer way of life.
Apolo Ohno is the most decorated American in the Winter Olympics and a New York Times Bestselling author. He joins Jaime Catmull to break down how Olympians are paid, his new book, and gives insight on how to bounce back from financial pitfalls. Apolo shares what living a richer way of life and how it affects his decisions.
Jaspreet Singh, a serial entrepreneur and the founder of Minority Mindset financial media company, continues his discussion with Jaime about the meaning of the minority mindset. They discuss the current state of inflation, what inflation means, and some tips that listeners should follow to manage through this inflationary period.Jaspreet shares his definition of what it means to live a richer way of life and how that affects the way he teaches financial literacy.This is part two of a two-part conversation with Jaspreet, so look for the first half to gain the full insights from the conversation.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
Download from Google Play
Download from App Store
United States