70. Rewriting Your Money Story with Nicole Lapin
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January 21, 2025
TLDR: In this podcast episode, Emily Fletcher and finance expert Nicole Lapin discuss financial literacy, overcoming fear and barriers to investing, the power of compound interest, cultural impact on money perception, and practical steps for first-time investors.

In episode 70 of the podcast Why Isn’t Everyone Doing This?, host Emily Fletcher converses with finance expert and bestselling author, Nicole Lapin. The episode revolves around the critical importance of financial literacy, especially for women, and actionable strategies to encourage a positive relationship with money. Here are the key takeaways from their insightful discussion.
Understanding Financial Barriers
Common Emotional and Societal Barriers
- Fear of Investing: Many individuals, particularly women, often face emotional and societal barriers to investing due to a lack of confidence or fear of losing money.
- Cultural Conditioning: Discussions around money differ vastly in homes; women are often taught to fear finances compared to men, leading to what Lapin calls an "investment gap".
- Reframing Mindset: It's essential to shift the perception of money from scarcity to empowerment, viewing investing as a pathway to build wealth rather than a gamble.
Overcoming Investment Anxiety
- Nicole emphasizes that investing is not just for the wealthy; everyone can start small and grow. Overcoming fears involves recognizing that compound interest can work to your advantage, effectively allowing your money to grow while you sleep.
The Magic of Compound Interest
- Compound Interest Explained: Lapin describes compound interest as "orgasmic" because it enables your money to generate additional income without further action on your part.
- Time Over Amount: Instead of focusing on the amount invested, focus on starting as early as possible. The longer your money has to grow, the more significant the impact of compound interest.
Practical Steps for First-time Investors
- Start Investing with Confidence: Begin with your financial goals in mind, and clarify what you want to achieve. This effective foundational step directs your investment choices.
- Setting Up a Brokerage Account: Nicole highlights the importance of having a brokerage account for investing. It's where you can buy stocks and bonds, distinct from a bank savings account.
- Low-Fee Index Funds: Investing in low-cost index funds like the S&P 500 is a smart strategy for beginners, allowing for diversification without the need for extensive knowledge of the stock market. Nicole suggests looking into options like SPY or VOO.
The Power of Playfulness in Financial Management
- Bringing Joy to Finances: Nicole emphasizes the need to make financial management a playful endeavor, suggesting that by incorporating playful practices, one can alleviate stress associated with money management.
- Emotional Wealth: She discusses the importance of merging emotional understanding with financial literacy, suggesting that understanding your upbringing can free you from negative financial patterns.
Building a Healthy Relationship with Money
Addressing Financial Trauma
- Recognizing Your Financial Story: Acknowledging and reframing financial traumas can help heal your perspective on money.
- Emotional Work: Viewing money conversations as an opportunity for empowerment rather than a source of anxiety can transform your financial practices. Nicole encourages individuals to forgive their former selves who may have made financial missteps.
The Importance of Setting Goals
- Define Meaningful Goals: Establishing clear financial goals is critical. Ask, "What kind of life do I want to lead, and how can I align my financial plans to support that?" Simply accumulating wealth does not equate to happiness or fulfillment.
Conclusion: Your Financial Journey
Nicole Lapin's fresh perspective on financial literacy not only encourages individuals, particularly women, to embrace investing but also emphasizes that it can be a joyous and liberating process. By rewriting your financial story, you can reclaim your financial power, invest with confidence, and live a life that aligns with your financial goals. The key is to start small, stay consistent, and make the process enjoyable.
As we navigate our financial journeys, it's essential to remember that we have the ability to redefine our relationships with money. Fear and scarcity can be replaced with confidence and joy when we take the right steps. Let the process begin!
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Sweet friends, welcome to a brand new episode of Why Isn't Everyone Doing This. The podcast brought to you by Ziba. I am your host, Emily Fletcher, Broadway performer, turned meditation teacher, turned magic maker, and I'm so excited to share today's episode with you.
so that we can help solve the challenges that we are being faced with as a species, and have a great time doing it. In today's episode, we're talking about why isn't everyone rewriting your money story with the brilliant Nicole Lapin. Nicole's a financial expert, a best-selling author, a new mom, and the powerhouse behind the hit podcast, Money Rehab. And Nicole has made it her mission to empower people, especially women, to rewrite their financial stories and to take control of their money with confidence, peace, and playfulness.
She really does a brilliant job of breaking down complex issues with simplicity and ease. So in this episode, Nicole is going to demystify intimidating financial topics and explain why investing isn't just for the wealthy. This is a superpower that all of us can harness.
Together, we discuss the emotional and societal barriers to financial freedom, the magic of compound interest, and how to align your financial goals with your dream life. Nicole also shares actionable tips for how to get started with investing and cultivating a playful, stress-free relationship with money, which I think is something we could all use more of.
So if you have ever felt overwhelmed by your finances or unsure of where to start, this episode is going to inspire you to take that next step towards your financial freedom. So please share this episode with a friend, someone who could use some support getting started and investing so that we can share this medicine with the world.
So if you enjoy the podcast, the number one way you can support us is by leaving a review and then sharing this episode with a friend. I know so many people are scared of investing and don't know where to start. So put this in a WhatsApp thread, send it to your family, send it to your coworkers. I guarantee they'll thank you later. So welcome to the show, Nicole Lapin. Sweet friend, my favorite year end manifesting exercise is here. So if you've been waiting for a sign to design a life that you have been dreaming of,
This is it. So here's the truth. You have the power to become a magnet for your dreams, but it is not just about wishing or hoping. It is about reflecting and celebrating the year behind you, even the challenges, and then setting powerful intentions for the year ahead, plus using a formula that actually works to design and manifest what you truly want.
So this is where design your dream comes in. Now, this is not just a practice. This is a step-by-step guide into turning your deepest desires into your everyday reality, whether that is health, happiness, abundance, relationship. This is your chance to create a life so good that it almost feels too good to be true. So if you are ready to design a life that you would be truly proud of, go to zivameditation.com slash dream or click the link below and we will send you that exercise right away.
cool laughing. I feel so outrageously excited to have this conversation. I feel so honored actually that you're on the show. I know that you've had such a prestigious career for so many years, educating people about money, educating people about investing in a way that does bring peace and playfulness to otherwise very serious topics. And I think you do this with such
unique brilliance that allows people that normally might be scared of money or don't even want to hear about it. It's like they just want to lean in when you talk about money and when you talk about investing. And so first of all, thank you for dedicating your brilliance to this topic. And thank you for the liberation that you have provided for so many people over the years.
I'm so delighted to have you and why isn't everyone doing this. And today, I want to talk about why isn't everyone investing? And I'm sure you have a long laundry list of reasons why people are not investing. But can you first sell us on why we should be investing? Like, what is the beauty of investing? Oh, my God. I think investing
is the most beautiful force out there. Investing your money and having it work for you is beautiful because you work so hard for your money that I think it should return the favor. And the most orgasmic force in the investing world, Emily, is compound interest.
Compound interest is orgasmic and beautiful and gorgeous. And this is not just for your show. I often describe it that way. It's truly where you pause. Tell me, tell us, please exactly why.
compound interest is orgasmic. So compound interest is literally where your money makes money for you while you're doing nothing, while you're sleeping, while you're eating, while you're fucking like, it is growing for you. It is working for you. And so oftentimes in the financial system,
compound interest is used against us. So I was introduced to compound interest when I got into a bunch of credit card debt. And so compound interest is that same force that works against you when you're in debt. You can use that very same force. And
Have it in your power and use it for you when you're investing so as quickly as like your debt on your credit card snowballs out of control You can take that back and have your money snowball for you into a bigger ball of money
Yes. Okay, this is, this is in fact orgasmic. This is very exciting. And I was so blessed. When I was in high school, I had a teacher, his name was Mr. Sandler. He was also the golf coach, the girls golf coach. And he would just do math equation after math equation, after math equation.
to try and drill into us the power and the beauty of compound interest. And it was like, it's not even about how much you're investing. It's really about the length of time that that money is there. And I've recently learned that with specifically women, it's not just the pay gap that is hurting women financially, but even bigger than that, there's the investment gap. So can you speak a little bit to that? I mean, I like to hear about both pay gap, but more importantly right now, what is the investment gap?
Yeah, and Mr. Sandler was totally right. He, you know, he points out this idea that you don't need a lot of money. You need the most time possible to make your money work for you, to build long term.
lasting generational wealth. So the three things that often stand in our way are these are like the stories we tell ourselves that we don't know math. We're really bad at math that we're too old and that we don't have a lot of money to start. And so just really quickly, I'll pick those apart. I was a poetry major.
What? I am like, I am the least likely person to be a financial anything. I wanted to sit under a tree and write poetry all day long. So if I could figure out the math, I promise you can do. Like getting your financial life together, the math a fifth grader can do. It's all the humanities. It's all the emotional part that really stands in our way. The fact that we say we're too old, you're never as young as you are today. And as far as I'm concerned, today is as good a day as any.
Finally, he underscored that final point of not needing a lot of money, but needing the most time possible to make your money work for you. I think that when we're looking at a wage gap, we've closed it a little bit, but the real issue with making more money and just leaving it in our checking accounts is this investment gap.
You know, I think we're making more money, which is amazing as women, but I have girlfriends too. And I think we spoke about this at the conference we met at where they sold their companies for a bunch of money. And it's literally just sitting in the bank of America. And there's tons and tons of money not working for them. And money capital is so powerful because you can use money that you made to make more money without doing anything. And that's like the ultimate passive income.
There are a lot of entrepreneurial experts out there that will talk about all these weird ways to make money. The tried and true one is to put your money to work in whatever investment you can start with lower risk, in bonds, and then in the stock market. But it's so powerful to put it to work, and having it just sit there, I think you're absolutely right, is a huge, huge gap that we should try to fill, because dudes are doing it.
I'm totally guilty of this. Like they were, I think it was, um, I think it provided me some level of security or the liquidity where it was like, okay. And I had spent, you know, I was talking about a poetry major. I was a, I was a musical theater major and I was on Broadway for 10 years. And so I was very much paycheck to paycheck, living in my fifth floor walk up. And, you know, I spent 10 years in that, that sort of lifestyle. So I didn't really have much excess. I didn't have
you know, quote unquote, money to save or invest. But really, if I had been putting $100 a month, $200 a month, when I was 22 and on Broadway, like what would be happening now at 45 to that to that money? So I'm just, you know, I'm carrying on to the myth. However, when I started making money, when I started a business and I started having some amount of money,
I think it was an emotional piece of like, oh, I just want to keep this money in the checking account because it's here. I can like touch it. It feels more available to me. And so I didn't really start investing it until much later. So can you speak to what is that emotional gap? Like when you said it was the humanities piece, it's the social and emotional piece. What is that that you see or what are trends that you see coming up preventing people from investing?
Yeah, it's the fear, it's the fear of losing it. I mean, in my last book, Miss Independent, I did a recap of a bunch of studies that have been done on little boys and little girls and little boys use like these power words when it comes to money. And little girls use all these scarcity words, like all these fearful words when it comes to money. And so I think this has been socialized
forever. And that's fine. Like, I don't think we should ignore those mores and societal pressures. We should acknowledge them and then we can do something about them. I think that women are brought up to be more fearful of money. And there is
and overall prevalence in the idea that a guy is just gonna figure it out. I've had and spoken to countless women and their moms, by the way, at a bunch of book events who say, oh yeah, she went to fill in the blank, amazing school, but I just want her to marry a rich man.
I'm like, lady, what year are we in? Is this a joke? And I think that there's still this idea that a guy is going to figure it out. I've had women on the show that were in financial services, were in investing, had their CPAs, went through their MBA, and let a guy do it, and they got screwed too. And so I think that there is just this
This really, really deep rooted idea that we can't do it and that somehow other people, like Wall Street people, are smarter or guys are smarter with money or something like that. And so, yeah, I think that it's the fear. It's the fear of not knowing. And I think money to me is just a language, like anything else.
When I started, I grew up in an immigrant family, super broken home, like didn't know anything about money. I got a job and I lied to get a job. And I said I knew about financial news and I didn't. And then what I realized, and this was when I was 18. So 100,000 years ago.
Approximately. I'm not great at math. That's a matter. I realize that if you don't speak the language of money or Wall Street and you go there, you're going to be really scared and really confused. In the same way as if you go to Japan and you don't speak Japanese, you'll be really confused. And then you speak the language and you're like, oh, duh, of course that's what it meant.
Because you actually spoke the language. And so I think it's that fear that's that's standing in our way. Mm hmm. And so what is the language of money and how would one even begin to learn it if they don't yet?
Well, maybe the reason I've been single and I'm a stone throw away from 40 is because I rewrite financial dictionaries in the back of all of my books in a way you don't need a dictionary to understand, so maybe start there if you want. These are the back of your books, you actually write down words and you redefine them. Yeah. I'm a crazy person like that. Yeah, so I just have misinterpreneur in front of me.
Yeah, like short is not the opposite of tall, it's the opposite of long and it means something's going in the pooper.
Like, equity is the same as stock. Like, it just is another fancy word. I mean, there's just these jargony words that I think are the things that stand in our way. And once you understand the concept, you're like, oh, duh, I figured out harder things. We've all figured out harder things in live here. I am with my fake, pardon me. I just want everyone to know that Nicole has a money gun in her podcast studio, and she's not afraid to do that. Definitely.
But seriously, thank you for putting that dictionary in the back of your books because I think it's exactly that it's jargon. Just like there's legal ease to keep lawyers employed, I think there's also like money ease, right? There's like a money lease or whatever, whatever the money let jargon is. And that's to keep financial advisors employed to keep so that we feel confused about our own money.
And I think some of that is likely on purpose. And I think it's not exactly the same, but I see similar levels of conditioning happening around finance and money as I do around sex and sexuality because it's like we're swimming in our parents' fear around money as much as we're swimming in our parents' conditioning around sexuality. And so it's so pervasive that sometimes we cannot even see it. And so oftentimes we'll have people go down and write down their relationship. What was your mom's relationship with money?
What was your dad's relationship with money? And then can you see yourself yoyoing between those two ways of being when it comes to your own finances? And similar with sexuality, it's like if we're just fed that it's like bad and wrong and shameful our whole lives, then how on earth are you supposed to see the sacredness of it or reclaim it as your own? So if someone is starting out on their journey and they had parents that were very much coming from lack mentality,
Where would you have them that starts to create a sense of safety? Is it in education? Is it in language? Or where would you have someone start? Oh, it's such a good question because it all does really stem from our upbringings. And we all have financial trauma, whether or not your parents sat around the kitchen table with you reading the Wall Street Journal and putting money into
a Roth IRA for you and starting to build your credit when you were a baby or not. We all have trauma, whether it's in our friend group too or in just the macro economy. So I grew up, I have all the financial traumas. I talk about bailing my mother out of jail using the cash under the sink behind the maxi pads when I was in middle school. These are some of my early memories, super, super heavy.
memories of money that had affected everything in the way that I viewed money. Or you can have, if you're like lapping, you know, my trauma isn't that bad. Everybody has something. Like, and if it's something to you, it's something. The trauma is not a competition, as you know. But like, I also grew up in the housing crisis, right? I saw my house foreclosed on, my family home foreclosed on.
So that affects me. But we all live through the pandemic. And so that affects us, or the dot com crash. Maybe you knew people in that world. And then maybe your friend group like hordes or hides purchases from their significant others or are in a lot of debt or spend frivolously. It's all layered in the way that you've grown up with your family and sort of the other circles.
that you're in for sure and add to that because I just did a mastering your money call just before this so day of money for me and there was a woman who said that she grew up in Kuwait and she grew up very very safe like she said that she felt held in her country said if someone lost her job that
the country would take care of her and there was a level of abundance happening there and then when she moved to America and she moved to Los Angeles and suddenly she was in the highest tax bracket and she started and then people would say things like oh it's expensive and she would see people living on the street and homeless people and she said that slowly over time it really changed her relationship and the way that she would speak about the way she felt about money and that was a layer I had never thought about it's just even your country.
Like what is the financial infrastructure inside of your country and does it have an emotional layer of safety for you or not? And how does that impact your relationship with finances?
yeah absolutely or if you lived in a communist country or you know there's there's so many layers of like macro economic all the way to micro economic like within your family and ultimately the only thing you can control is yourself as you know we can't control any of the other economic forces you can only control like your own little micro economy and i think the way to do that
You know, I use a lot of what I learned in therapy to talk about finances because they're all smooshed together, as you know. And I love doing a DBT class, dialectical behavioral therapy. And it's the question of what DBT is.
Yes, it's become more popularized now that like Selena Gomez and Lady Gaga talk about their love of DBT too. It's like in the same family as CBT you might have heard of too, that's cognitive behavioral therapy. And it's this idea that two things can be true at the same time, that dialectical thing. Like I could love my significant other and be really mad at him. Like I don't have to only, you know,
like be mad at him and then that means i don't love him right both things that seem opposing can be true at the same time and so part of that and part of the the work that i did in that course was around this idea that
ultimately moving forward successfully with a lot of trauma is forgiving your former self or what she didn't know. But also giving your future self tough love because like now you know it. So now it's time to do better. And so I really love that sweet spot.
When it comes to money so saying like to you know former Emily who was like going up her walk up and like being hot on Broadway and like spending money like Whatever doing New York fabulous things and and not you know investing a couple hundred bucks
You know, like, let's forgive her. She didn't know. She was doing the best she could. She was, like, rocking it on Broadway and, you know, whatever. But now, like, she knows. And so now it's not okay. And so I think, like, this came up with my parents, too, and sort of the upbringing. Like, okay, well, I could say they were fucked up, and they didn't teach me anything, and I had terrible money habits.
And so like and what right like I could bury my head in the sand and then not make money and just blame them No, okay, it's it's you know Just because it was done a certain way doesn't mean it's the way it needs to be done. And so I think we all have that moment Where it can by the way be the same as it's always been done But it's like up to you to decide it's it's kind of like when I became vegetarian my family ate me
And I was like, self, do I like meat? Right? Like, you need that moment. And I decided, no, I don't. But I could have decided, yes. And so it's like, where you ask yourself, like, is this for me? Is this the way I want to live? And so, yeah, I think we all should find that place with money where we're addressing the financial traumas that were and saying like,
Okay, we see them. They sucked. Let them speak. And then say, okay, well, you know, let's put our big girl, big boy pants on and say, now we have the information. Now we can do it differently than what we saw. And that those habits, if they were bad, they're not okay anymore. I say I have the resources. And I can choose. So brilliant, Nicole. It's so good. And I just want to double click on this idea of we're going to forgive our former selves.
But we want to give our future selves some tough love. That dialectical idea feels so, so powerful. And like you said, could be applied to almost anything, but let's apply it to money. Let's apply it to investing. Let's forgive our former selves for not investing $50, $3,000, whatever you could have. Let's forgive them for whatever traumas they were swimming in.
And let's hold our current and our future selves feed to the fires so that when we are 60, 70, 80 years old, that we are doing it in style, that we are taking our friends on yachts and creating adorable, like adorable retirement communities and doing LSD with our friends. You heard this like a giant like psychedelic outbreak happening in retirement homes? I love this. I love this for our future selves. There could be like,
Bestie retirees. Those little communities too, have you seen them? Where like the girlfriends get the little yurts or huts or something at all. Just live together. I think all the girls and right now the female life expectancy is longer than the male. And so there's all these women that are living together in these retirement communities. That's real too. And that's another reason why we need to get our money life in order. Yeah. Because we're going to live longer, which is great. We're going to be out living with my class money.
And I also like to be a set of like, I get to decide like, do I like meat or not? Your choice. Do I want to eat this? Do I want to put this in my body or not? What do I want my relationship with money to be? Do I like money or not? Would I like to have a lot of it or not? I get to choose. And so.
Let's say that someone chooses. Yeah. So like, I love money. I want to have more of it. I want my money working for me. Nicole has sold me. I want to start investing. Where? Where should we start? I mean, I'm glad that you decided that money is amazing. It's an amazing tool.
It's just that, a tool. It can be used for good or evil, like, you know, any tool. A hammer can be used to build a house or to tear it down. It's how you use it. And I say, you know, and this is where your work, your incredible work comes in, is that money without meaning is just paper. And so it's the meaning that you apply to it is like, let's get the money first and then we can figure out the meaning component. But first we need the money. And so if you're deciding today is the day, hell yeah.
you need a brokerage account so there's a bank account and a brokerage account so hopefully you have a bank account at least and that will be you know where you put your savings you're checking account like a Bank of America Chase type type of account
A brokerage is different. I just had somebody on the show who thought they bought Apple stock at the Apple store, which is, you know, like how else would they know where to buy Apple stock? And they were like, I went to the Apple store and I couldn't buy Apple stock. Well, first of all, if you can buy an iPhone, you can buy stock. There's stocks that are, you know,
I think Apple is less than $200. Apple stock right now. I don't know what an iPhone is right now, but it's probably close to $1,100. You can buy a few shares of Apple stock if you can buy an iPhone right now. And you buy that through a brokerage, so not through the story, even though there are a lot of companies that you use every single day that you can invest in and you can be a shareholder in.
But a brokerage would be like a fidelity or a vanguard or a Schwab or an e-trade. None of them, these companies pay me to endorse, they can if they'd like, but they're all the same honestly. It's like whatever
brokerage I like for you is the one you're actually gonna stick to and use because ultimately they're very very similar like if you like the coloring similar fees like that was the advice I always got was just make sure you're doing like a low fee index fund
And I was like, what does that even mean? But I was like, oh, well, if they're charging like a 1% fee, but you're only making 4% or 5%, that's like 20% of what your money is earned. So like a low fee index fund. And I think fanart is.
They all have low-cost ones, which is the advice or actually what Warren Buffett put in his will for his wife, one of the greatest investors of our time. He told his wife to put his own money, their money, 90% in low-cost S&P 500 index funds, and we can double-click on what those are, and then 10% in bonds.
But yeah, over time, beating the market, this idea that you're going to find somebody that's going to beat the market is just fake. Over time, the market has yielded 7% to 10% inflation-adjusted.
And so to take advantage of that, actually 1% is a really high fee just to put this in perspective. You want much lower than that when you're, because they add and they eat into your returns as you rightly know. So you should be very mindful of that. Mutual funds are also notoriously high on fees. Those are more
um actively managed accounts versus passive funds like an index fund but like i'm probably throwing down way too much jargon so like let's step back and so what the fuck is an index fund uh first of all what is an index uh an index do we know what that is?
I don't. I mean, okay. I think it's like where like you list all the companies like where the stocks of the companies are being reported like Apple went up Facebook went down and then in the next look in the fund you're having different companies in your portfolio.
I don't know what you're saying. So like, have you listened to the news and heard the Dow is up or the Dow is down or the NASDAQ or the S&P 500? Those are up or down. Those are indexes. So the Dow is an index of 30 of the biggest companies.
out there. And so the NASDAQ is a much more tech heavy index. The S&P 500, guess how many companies are in that one? Like the 500, the biggest stocks are in there. Exactly. And so when you're buying into an index fund, you're buying a little baby piece of all of those companies basically.
the different funds track in different ways, but the way to find a index fund that is, so there's index funds that are ETFs and there's index funds that are mutual funds. And so if you open up a brokerage account, I've also had somebody on the show who said they typed in index fund and nothing came up. Nothing is gonna come up if you type in just index fund. You have to type in what's called a ticker symbol and a ticker symbol is like basically the address for what this fund is. And so,
Really popular low-cost SMB 500 index funds. I'm not endorsing them do your own research, but like take a look at companies like SPY or VOO and those would be low-cost SMB 500 index funds that we talked about and buying in to one of those you buy
built in diversification across all these 500 companies. What I like about the SMB 500 in Warren does too, is that if you invest in that index, it will kick out the shitty companies if something happens to them. Because part of the index is you have to be a certain market cap and you have to be in good standing and all of these things. So if something happens to one of those companies, it gets kicked out and another
more legit steadfast company gets replaced within that.
So in that case, it's like you don't have to do any real research on the companies because the index is doing the filtering for you. Like they're saying these are the top 500 most sure bets. And if somebody goes to 501, then, you know, then they get kicked out, someone else gets on the list. And it's built in diversification. If I would say if there's any like across the board financial advice that you hear, it's don't try to beat the market and diversify.
Totally. And by low sell high, which is great advice. Like there's only a couple truisms on Wall Street. By low sell high is one of them. It's better to beat low expectations as another one, which I also think applies to other aspects of life. But when you see that how is by low sell high not trying to beat the market?
So what's hard about buying low and selling high is you don't know where the low is and you don't know where the high is but there's a method called dollar cost averaging that can kind of safeguard you from that and not knowing like unless you're psychic in which case
Please tell me where the market is going. That would be amazing. Give us some tips. But where our emotions are really come in and can hurt us when it comes to investing. And this is also where I'm excited about AI when it comes to investing because it takes some of this human emotion out of it. Like when the market crashes, Emily, like during the beginning, the darkest days of the pandemic, you know, I would get lots of DM slips and I would do like lives nonstop.
I mean, these are the fun, sexy kinds of DM slips I get.
Do I sell my fun? So do I liquidate my 401k? But the textbook answer is no. That stuff is now on sale. That stuff is low. That is the time to buy, not to sell. But our emotions get the best of us. Or if we're flying high and we're like, oh my god, I'm a genius. I bought this one individual stock, which I don't recommend for newbie investors.
And it's going to the moon, might as well buy more. No, that's high. You sell high. You don't buy high. But naturally, we have a proclivity to do the opposite, which is why a lot of motion gets in the way because all the stuff that we're bringing into a money conversation
gets in the way, right? Then I start having flashbacks of like cash, like bailing my mother out of jail, right? Like, oh my god, I'm not gonna have enough. I'm like the scarcity mentality. And like, I was told when I was a kid to turn off the lights to save money or to, you know, flush the toilet only if it was number two to save money. And these are like real things.
You got me. I got you. But now I flesh the toilet like gratuitously and I leave all the lights on.
Because I can. Because I can. You know, like people will say, what are the signs of that you have enough or that you feel rich? And usually people, if they really stop to think about it in a thoughtful way, it's not like the money in their bank account.
It's those little things that make you feel like you've made it. Being able to leave the lights on makes me feel really awesome and doesn't have anything to do with what's in my bank account. I think that when coming up with financial goals, before you do any of this investing stuff, you need to first come up with goals, which might sound trite, but
Coming up with a random number means nothing. If you're like, yeah, my goal is to have a million dollars. Cool, cool. Like a million dollars is great. But what do you want to do with that million dollars? Maybe you need more than a million dollars. Maybe you need less than a million dollars. I have no idea. Like first figure out the life you want and then reverse engineer to figure out how to get the money to live that life.
and not just come up with a number, because it's like, hey, Emily, I want to go to a party in LA. You have a lot of questions about that party, as I would, right? What am I wearing? What's the address? We can't just jump in the, are there going to be snacks? Will I be fed? I have so many questions. You should have the same questions about the destination of your financial life. You can't just jump in and go. The Uber's going to be like, ladies.
I need an address and you need an address for your financial life too. This feels like a really big, really important spiritual concept that you are relating in such a relatable way. And the spiritual concept, as I understand it, is that money wants to feel safe. Money actually wants to know where it is going. And if we're just chasing a number, that that can be a trauma response or a fear-based reaction to not feeling safe in our own bodies.
and thinking, well, once I have a million dollars and once I have ten million dollars or whatever the amount of zeros is, then I will feel safe. It's very different than what you said is figure out what kind of life you want to have and then allow the money to serve that life.
because that's going to be outrageously unique to you. That's going to be your soul's desire. And then the money feels safe enough to come in and support that dream and desire versus money's not going to support your trauma instigated lack or looking to money externally to solve an internal issue. And so that feels really, really profound. Like where is the destination for this money? The Uber driver is going to need an address for the party.
I love that. And that's also uniquely, I think we get out of greed when you're actually listening to like, what is my soul's desire here? Right? Because the amount of money, the kind of life that you want is likely different than the kind of life that I want. And neither one is good or bad. And then it's not a competition of who has more. It's like, is the money supporting the life that you have designed for yourself? That feels very, very liberating and very exciting to me.
It's true. And this is how we get in those spirals of competition, stealing our joy and looking at other people and what they might have. And it's easy to do it because a random number is never going to be enough.
ever, like you will constantly change the goal post on yourself. If you tell me a million dollars, you know, today and, you know, in five years, you get a million dollars, it's going to be like, well, then what about two million or three? Like we constantly change the goal post on what success is mid game. And I don't know a lot of like sports analogies, but you know, when we do that to ourselves, we're destined to fail. But what's cool about this is like we get to write the rules.
So we're destined to win the game, but first we have to figure out what those rules are. And there are rules. Only you have to wake up in your life and what you do with your money. And so when people do the doom scroll and they're like, oh my god, I'm not doing anything with my life. So and so is on a yacht or whatever. And I suck. It's like, hold on. What's a yacht on your list? Was that even your goal?
Did you even make that list? Exactly. And so if you're not measuring to those metrics, then this is what you do in business, right? Like you're destined to feel like a failure. And trying to find external solutions for internal problems, those never, never exist. I figured that out the hard way.
That sounds like maybe a fun podcast for another time. Yeah. Okay, so let's talk about this idea that a lot of people think they might be too old, right? Because we talked about, I don't have enough to invest. We're looking at the reasons why isn't everyone investing. They think that they don't have enough.
They think that they don't understand it, they don't math, and that they think that they're too old to start. Because the power of compound interest, I'm now 20 years late. And I'm having a little bit of this as well. I'm likely going to buy my first house this year. And so I had mentioned to a few different people that I'll need a certain amount of money liquid in order to make the down payment.
And this was maybe less summer. And there was a lot of talk of like the market crashing and there's a big correction coming. And like four different people that I very, very much trust were like, you should likely sell your S&P 500. So I go through Vanguard, which is the VOO, like VOO, my low index fund had the money and which I was dollar cost averaging. I just had money directly.
I know. How am I turning you on? I love this. And we should talk about what dollar cost averaging is, Joe, if you want. I'll just say really quickly from mine and you can explain it. I would just have a certain amount of money come out of my checking recorder and go into my investment account. And then I had to physically move it into my index fund. But it was at least there. I didn't see it to spend it. It just came out once a quarter.
And then I would put it into the S&P 500. So I've been doing that for a couple of years. I started right at the top of the market. I really started when things were high. So I violated that rule. But then there was talk of like, oh, market's going to crash. Market's going to crash. There's going to be a big housing correction.
And I didn't want for it to crash and then me need a few hundred thousand dollars for a down payment for a house and it not be available. So, and since right now T-bills are high, like you can get pretty much like guaranteed five percent.
interest on T-bills, I moved that money into T-bills. But then the market just kept going up and up and up and up and the correction never happened. And so now I feel like a ding dong. And in my mind, I have a story that I've lost all of that time. That like all of that time that I had of my gains on the S&P 500 is gone now.
Even though it's not totally true because I at least got the 5% with the T bills. But really, I'm just turning this into my personal therapy session. But sometimes I think that working through someone's specific problem can have a universal implication. So I guess the question is, what would you say to me now having feel like I've lost that time or lost that compound interest power? Or what would you say to someone that they think that they're too late or too old to start? Okay. Well, first of all, Emily, can we forgive our former selves?
She did the best she could. We can't go back and get that time. We can always get more money, by the way, we can't get more time. Time is our most valuable asset. So we can't go back. You made the move, you did the best you could, you thought you were gonna beat the market or beat a correction or whatever, and we've decided that that cannot be done. Unless you were talking to some really dope psychic,
You know, at slow and steady wins the race when it comes to investments, like putting your blinders on for the long term and really not looking at it. It's not about day trading. It's long term investing. And so you were totally spot on with dollar cost averaging. Essentially, if you had $12,000, I would say don't put it all in the market today.
Space it out like a thousand dollars a month for easy math So you're trying to get like the average of where the market is gonna be so you can get in you know on ultimately Like where it would be for the entire year instead of putting it all in one day. So let's forgive for more Emily
Okay. She did great. She was doing the best she could. She wanted that money for the house. She thought the market was going to crash, maybe. She was trying to take care of herself. She was trying to get an amazing house. And she also got 5% in interest, which is, you know, the highest T bills, which are treasury, like short term treasury bonds have been in a really long time. So who knows? Like the market could have gone in the pooper and you could have come out like,
with 5% more than everybody else. And so you did great for what you know now. And so now what do we know moving forward?
Now we know we can't beat the market that we want to dollar cost average. We want to buy low, sell high. But the thing is, I don't even know if things are low or high now. What would you say things are? I mean, this will be released and who knows when. But would you say the market is higher low right now? Because it doesn't matter. Because ultimately, when you look at charts, we can manipulate charts to look anyway we want, depending on the timeline.
So if you look at like a little baby chart of the last month or something, you're like, oh my god, we're at a high right now. But like, zoom out more. And so before I invest in anything or before I talk to
folks about first-time investing. Look at those bigger charts. You'll see them on your brokerage accounts. Zoom out to five years. Zoom out to 10 years. If you're just looking at one portion of the chart, and this is a life lesson in general, if you're looking at just one part of the picture, you're missing the whole thing. And the only two days that matter, Emily, there's only two in investing. There's the day you buy and the day you sell.
and the rest of it is like noise. And so did you lose money? Like when people tell me, oh my God, like my portfolio, I just lost so much money. Like did you lose money or did you put the money in when it was like $5 and then it went up to $100 and now it's back to $50. Did you lose that $50 or did you make $45 if you sold that today? It doesn't matter. Like this other noise, we really,
you know, get emotionally attached to it and we see like, oh, what it could have been. And I think that when you're doing long-term investment strategies, which is like buy something, hold it for long periods of time, because when I talk about the market getting 7 to 10%, that's over time, like big data sets that we like to see and that we can get sort of these trend lines.
And you said that was adjusted for inflation, 70% adjusted for inflation. Yeah. So inflation typically grows at about 3%. So we saw some cuckoo banana stuff happen in the last few years. That's not typical, but 3% is historically what inflation has grown at. And so you want your money to at least make 3% for you.
Because otherwise you're losing money actually if you're not doing that like you're losing three percent of your purchasing power inflation is just you know the force that Makes things more expensive than they were yesterday right movie tickets were five bucks when we were growing up, and I don't even know I haven't been like 20 like 20. Yeah, so that's inflation and it's also important to you
to compare things in an inflation adjusted way. So when people have a house, a home buying conversation with me, they're like, well, grandma bought this house for, you know, 250 grand. And now it's a million. She sold it for a million dollars. Like it's the best investment ever. It's like, okay, well,
Okay. I mean, how much were movie tickets when grandma bought that house too? And like, if we adjust for inflation, did she actually earn more money over time than she would have made in the market? Like a house is a whole different conversation. A house is very emotionally charged. And buying a house for emotional reasons is as far as I'm concerned, just as good as any other reason. But if you're looking at like your first home, just your one
purchase. You're not making money. There's a lot of, you know, people that will say you're throwing money away by renting. I disagree. There's a cost of living. There's a lot of fees that you don't get back when you buy a home either. Closing costs, you know.
interest, all the stuff you have to fix. Um, you know, insurance, insurance, all of it. And so, so I think anyway, let's forgive former Emily. Let's say moving forward. Now you have all the tools and we're going to use them.
Yeah, that's it. We're going to use the tools. And then any, and again, this is 100% self-serving and selfish, but like any tips for for home buyers, first time or otherwise, like anything that you would, because, you know, a lot of people would say, as a diversification, like sure, you have some in the market, sure, maybe you have some in real estate.
maybe have some in cryptocurrency or, you know, like as a broad, maybe some in gold or precious metals, but any investing advice as far as your home goes or even real estate at large. It's I think it's another one of those conversations that you have with yourself and you're like, why do I want this? Is it because I've always been told that this is the road to financial freedom or independence? And we have been told that.
Uh, and it is one road and, and home buying can be great for some people. It's just, I wouldn't say it's universally great for everybody. It's not the universal like ticket to becoming wealthy. Um, and so when you're looking at home buying, I would look at the whole picture. You know, I've had people come up at events and say like, how can I buy a home? It's like, well, hold on.
Like, do you have debt? Do you have an emergency fund? You can't go to the grocery store and pay with your mortgage, right? Like, God forbid something happens. What we saw in the last few years is that crazy, crazy black swan events happen, which are things we can't predict. You know, terrorist attacks, pandemics. And then in sort of your own circle, like your significant other, something happens, God forbid, they can't work.
or whatever it is. So having an emergency event is really, really important before you go into that, even having that discussion.
An emergency fund, you would say like, what's your, I know some people like three months, a year living expenses. What's your recommendation there? It depends on what kind of job you have. If you have precarious income, so if you're a real estate agent or you work on commission, if you're a model, you know, if you fluctuate a lot, then I would say six to nine months of bare bones expenses in the bank and something that's liquid.
Even low risk investments like CDs, those are not liquid. And liquid just means like, I think of it like an ice cube. You know, when you're really thirsty, you know, you can't drink from a frozen water bottle. So you need something that's liquid and like a house is not a liquid acid either. So yeah, I would say if you have something that's much more stable and your overall financial picture, then like down to three months makes sense of like,
the brown rice and beans diet. This is what I used to eat because it felt fancier than Ramen when I had no money. I would say, yeah, I think it rice and beans. There's like a, there's a beautiful mixture that happens of the protein in the starch. Yes. I think there's a macrobiotic truth to that. Yes. I went a little seaweed. I don't know. What is, what else is in macrobiotic stuff?
Yeah, straight into the nutritional yeast or something. Perfect. Who knows? Yeah. Everything you need. So when we were preparing for the show, you said that you would love to bring playfulness and peace to the subject of money that can be so charged with fear.
so charged with scarcity. So how have you been able to find playfulness and peace around your personal finances? And then I guess extrapolating from that, how would you help other people to bring a sense of playfulness and peace when they look at their bank account?
It's not easy. And there are days that I stress out myself looking at money for very illogical reasons. And then I remember, you know, these greatest hits of this bean girl inside my head. And I have to tell her to take several seats because I have like
old hits that sometimes come back and play. You know, fear of dying alone, broken homeless in the gutter, right? Like, I think of them as logs on a river or something. And I'm like, yo, what's up? Nice to see you, like, fear of abandonment. Cool, cool. Hello. Hey. Hi, old friend. And so, you know, I'd be lying if I said there was a point where
you know, you reach enlightenment. And there's not. And I think that the language also keeps changing. My last book, I snuck in like NFTs and cryptocurrency because once you learn the language, there's more to learn. Once you realize, once you've learned something, you realize that there's more to learn ultimately. And so the same thing goes with finances. It's, you know, it's not this idea that you found it, you're done.
It's constantly in motion. It's like I think of general balance and I think of financial balance and financial mindfulness. These are similar tools that you can use.
when you're getting your financial life together. So balance can be used as a noun and a verb. Oftentimes people say, I found balance. It's right there. It's like, no. I think of it as something that's constantly in motion, something that you constantly have to cultivate. And you had a lifetime of bad habits. And so only a lifetime of good habits are going to be able to counteract that, I think.
So it's the maintenance. You don't just go to a gym, get in sick shape, and never go again and expect it to stay the same. The same thing can be said about a financial advisor, too. You could look at that as a personal trainer, go and get the play on and then do the reps and do that yourself. But what keeps me going is,
you know, the idea that having money keeps you out of situations you don't want to be in. You know, and growing up in my own abusive situation, I look at money as complete choice and freedom. You know, women who
I keep going and teaching others about this, primarily women because I think a lot of women stay in bad relationships or abusive relationships because they're scared of making their own money and that breaks my heart or bad work situations because they don't have a choice. And so, so money affords you that choice, which I think is priceless.
Yeah freedom like I would say freedom is definitely like a high priority for me in my life And that all sounds yeah, that sounds beautiful and I feel like you really have brought a sense of
I'm going to say play. I know that you were putting that at me, but there's a lightness. There's a joy. There is a sense of almost glee that you have when you're doing your work. Even if you're reporting on the most dense, quote unquote, boring financial news, you make it gleeful. You make it playful.
You make it pleasurable. And I think if that is not, and I just want to celebrate your unique transmission in that, because I know that so many people are attracted to you, and then because they are attracted to you, they have opened themselves up to this world of finance. And I think that's a really beautiful gift that you have offered the species. So thank you.
Yeah. Um, so is there anything that you wish that I had asked? Is there anything that you're like, uh, people really need to know this? And it could be anything from cryptocurrency NFT, like what is next or even like some of the basics that I might have missed. You know, I think that when it comes to relationships to, you know, one of the big causes of fights or even breakups is money. And so, you know, I think that it's an important conversation to figure out for yourself. Um, because
You have to put your oxygen mask on first, ultimately, with any of these conversations. The ones that are trickiest are talking to your significant other about many. At different steps, you're going to have different money conversations when you're moving in together, whose name is Bill's under.
you know, how are you gonna split things? Are you gonna get a prenup? Like later on in life, a will, an advanced directive. These are, you know, not super fun, sexy conversations, but you can make them that way if you reframe them around this idea that, you know, goals have price tags and a dream without a plan is just a wish and wishes are amazing that they don't pay the bills. And like, dreaming together is sexy, right? Having these discussions, getting on the same page,
about money can be sexy. And if you don't do it, they just get harder and worse. And so when I say humanities, and it's not just romantic relationships, it's getting your friends to pay you back.
It's those interpersonal conflicts and trying to figure out effectiveness in getting friends, if you're on a budget, to go to a more affordable restaurant for dinner. Or how do you talk to your friend who's getting married who chose a really
expensive destination wedding and talking about how you want to stay on track or if they borrowed money and they didn't give it back to you and then they posted photos on Instagram of like living it up and you're like, yo, where's my money? These are really hard conversations and so money generally is I think the last taboo. I think we'll more readily talk about sexy time than money. You know, even with my girlfriends, I'll be at dinner and be like, you know,
We've just talked about her landing strip and like all sorts of, you know, bowel movements and whatever, everything, like all of it. And then I'm like, so, you know, like how much are you making now? Or, you know, what are you investing in or are you saving? And it's crickets because it's just loaded with a bunch of other stuff. And I come to it from wanting to help.
But I think we're so, so scared of this conversation. And the only way to alleviate that fear is to go first. And so that's what I've done. I've just gone first. And I think any hard conversation, somebody has to go first. So if you want to have the conversation and your significant other is like not doing it, then you go first. If you want to know what your friends are making or if they're in similar industries, you tell them first how much you're making.
That's what I've done. I mean, in all my books, I wrote like, I wrote how much I made for the book because I thought I can't tell people to talk about it and not talk about it myself.
like what your book advance was or what you were making at that time in your career. All of it. I've talked about what I made at CNN, CNBC early on in my career from my advances, what I make at speaking. Well, now there's like the great website Glassdoor. You know that website? It was like you can post salaries and so you can see like what's a comparable salary in this industry, in this town, which I think is amazing. But I want to, I want to go back to this idea of romantic relating and where you said,
like this can be a really challenge, obviously, like sex and money. I think the reason that the people, the reason why people get together and also the reason why people break up. But what I am noticing, and I don't know if I'm just in a microcosm or if you're seeing this happening more macro, but a generation of like, I'm mid forties, right? So a generation of women who like my mom couldn't have a credit card until, you know, she was
well, she would have been like in her 30s or 40s before like women were legally allowed to have credit cards. And then she ended up becoming vice president of a bank and like running a mortgage division of a company. And so I was really like, I was lucky that I had her as a model. And I had her as a model as like the sole breadwinner in our family and the primary parent. And so I have this lineage of like women who are literally doing it all like
making all of the money and doing all the domestic labor. And so now I'm at a point in my life where I'm like, this is not, I don't, I don't choose that. Like I can do it. Great. I did it. Check all the boxes. Hooray. I am capable of this. And I don't choose it. Like I want to, I want to be in my feminine, I want to be in my soft queen era. And I'm seeing so many of my friends, these like very high powered, very intelligent, multi seven figure entrepreneur women.
who are either not in relationships or in relationships and have fully emasculated their partners. And so now there's obviously an emotional component to this, where there's some level of abuse or trauma that is coming from the wounded masculine, but specifically in regards to money, how have you seen that dynamic playing out of women making more money than men, and what is the impact there, and how can we have healthy conversations around that?
We just started a whole other podcast. Um, I'm so glad you asked truly. Um, and it was really interesting what you said about your mom that you can do that, but you don't want to do that. And I think about that a lot when it comes to relationships. I will not pay on a first date.
period, the end, hard path. And it's not because I cannot pay. It's not because I can't buy the whole restaurant, probably, or everybody's meal at the restaurant. It's because I don't want to. And there is a huge power and a huge difference to that. I am very masculine in my work. I literally wrote the book, boss bitch. In my personal relationship, I really love being in my feminine energy.
I just love it. I want to I want to swim in there and it's like a balance that I personally want to have so if you want to go splitsies when you go out I think ultimate feminism is not telling other women what to do and saying like you do you but this works for me and and that's it and I think that having that distinction between
can and want is really important. There are so many money conversations that, you know, really ruin relationships. Prenups is a huge one. And I think reframing that for women is really important. You know, I hear a lot that he made me sign a prenup or like he's making me do this. Like,
First of all, do you have your own stuff? I have a prenup ready to go. Why can't we take this conversation back and be like, okay, well, I'm protecting myself too. I'll just give a little word to the wise there. In my last marriage, my ex-husband created a prenup. It was advocating for a prenup. I was all for it. I was game.
However, just, and this wasn't any sort of manipulation. It was just logistics. Like we were just deep in wedding planning. And then by the time everything got approved, by the time he gave me the prenup, we were 48 hours out from the wedding. And I'm dealing with like seating charts and it's like a wedding. Like I'm Southern. I wanted a big wedding. It was in South Carolina. Like I was like full blown wedding. And I was like, I am happy to do this, but I, not right now. Like I cannot deal with this right now in this moment.
And so they ended up being a post-op, which is fine. Like just like nothing really changes. You can still totally do a post-op, even if it's after the wedding. However, at this moment in time, I was still, I was like, you know, just coming out of Broadway. I was in my meditation teacher training. I'm making like $0.00. He was a tech executive. And at this moment in time, if you were to take a snapshot of us in this moment, it looked like
he would always have and make much more money than me. And he actually like drew it out. He drew it out like a box and he was like, okay, in this, in these three diagrams, this, of this prenup, like I do better than you. And in this box, you do better than me in this prenup. Well, we ended up in the box where I would have done better than him in the prenup, financially speaking. And I never signed it.
So I'm one of those people who really did not, I didn't, I didn't do myself any favors by not signing a prenup. So just sharing that as an anecdotal piece of evidence that prenups can be a win for. Yes. Yes. And my brilliant ex-husband said that contracts are not for the day that everything goes great.
Like contracts are there for the days that things don't go how you think they're going to go. And when you are triggered and upset and all of your intergenerational stuff is being inflamed, this is not the time to have a financial negotiation conversation. You want to have pre-negotiated that. So I am like a big advocate of pre-negotiations.
that. Thank you so much for sharing that. You're absolutely well, he's right. You know, I don't know if he's right about anything else, but he's right about that. I'm a woman. Okay, great. Okay. Whatever you say I'm with. But yeah, you don't get car insurance.
Like thinking you're going to get a car accident, right? Like we still get car insurance. We still get a home insurance or earthquake insurance. We're not like thinking about the earthquake. So yeah, it's the times that stuff goes wrong that you're going to want that pre negotiated and those snapshots that you talked about, like those snapshots change like, you know,
somebody, you know, boss bitch, her life. Like, okay, so, you know, he got from it, something happened to him. Like, it could have been a completely, those little boxes, I'm sure he outlined or you guys talked about where like somebody made more money or some, there were you guys, you know, lasted a certain amount of time. You know, you don't know what's gonna happen. Ultimately, that type of stuff, you don't want the state to decide.
And that's how I get most people to get on board with it. Because for probate, when somebody dies, it's all a bureaucratic nightmare. And if you don't have one, the state that you live in decides what's going to happen in the dissolution of your marriage.
Like especially with kids, it's like just handle that. Handle that when things are loving. Handle that when emotions are calm. That's when you want to go shoot that stuff. Have a naked. Yes. Doing a bathtub. Something like your flight. Let's go. Ooh, financial foreplay. Can that be your next course? Could we teach that course together? Yes. Yes. Wait, that's it. Yes. Then we're on to something here. You heard it here first, kids. Financial foreplay.
I love that. I mean, I'm serious. I am too. Like, I have suddenly, I'm like, oh, we can teach people like pleasure prayer on like a bed full of money and we can manifest a dream together. Oh my God. And bring this full circle into compound interest being orgasmic. Now we'll have people orgasm their way to their dreams. Yes, yes, yes, yes, yes.
Okay, so I'm sure that people are so deeply in love with you. I'm sure that people are going to want to follow you. So you're obviously of your amazing podcast, Money Rehab, which everyone should follow. You're on Instagram. Can you, if someone wanted to start with like, which book, which of your amazing books would you recommend people start with?
Well, thank you so, so much. Emily, I'm so grateful for all of your beautiful kind words. I would recommend if you're just starting, starting at the beginning, and that was my first book, Rich Bitch. And so... And do you need to be a bitch? Like, do you need to be a woman? Or can people of all genders... I love seeing photos of men reading it too, because the advice is...
agnostic. But as you know, for media, you can't be all things to all people. You're nothing to anyone. And especially for books. And the data shows that men don't buy business or finance books written by women. And most women buy books. And so it just made sense to me. This is a different podcast. But I had four book proposals over 10 years and four false starts. And I thought that I was never going to get a book.
And looking back, they would have been dead on arrival. One was called Making Bank. I just found the proposal recently, which was like, all things cool, finance for everybody. And it would have been terrible. But yes, I never expected writing more than that.
And I became a writer, just not the kind I expected. There is a little bit of like sneak attack poetry for anyone who cares. But yes, you'll hear about like my dating stories. There are a lot of confessions. It's all the ways I've messed up along the way. So it's like it's a combination of
memoir and how to. Boss Bitch is more about getting your career together, becoming superwoman is, you know, what I alluded to around finding balance from burnout and Miss Independent is the most advanced, which is how to start investing and grow your own well.
And then you can listen to money rehab literally every day. It is a daily podcast. So 70s a week or five days a week? It's five new episodes a week and then two on core episodes or extra episodes. Yes, that is really impressive. How do you do that? Like, good to be a whole other podcast. How do you mix five podcasts a week? Well, I also have one with Jason Pfeiffer, who's the editor and chief of Entrepreneur magazine. And that's a career show twice a week called Help Wanted.
And you have your own podcast network, correct? And I have a whole network. I'm so impressed with you. You're such an inspiration. Truly, I think about you. I was like, Nicole is just cracking it so hard. So truly, thank you for dedicating so much of your time and your brilliance to helping us be boss bitches and rich bitches and misindependence.
And just financial literate people of all genders. So, and is there a website where we should send people where all of this is all in one spot? Yeah. The money school dot com is where you can get a bunch of resources too. And I'm on your mailing list. So I've been getting a lot of your AI. I know you've been dipping into like AI and investing.
definitely want to because I, I, I had not put that together. The AI is going to take the emotion out of it. And so, you know, you've quoted Warren Buffett a lot where it's like where other people are fearful, be greedy and where other people are greedy, be fearful.
All right, so it's like AI is gonna do that math for you and take your emotion out of it, it seems. That's right. So, yeah, exciting. I wanna call, thank you so, so much for being a guest. Thank you for joining me on why isn't everyone doing this. And sweet friends, if you have enjoyed it as much as I have, please do follow Nicole truly. Like everything she puts out is just like, so valuable. And if you've enjoyed this, maybe screenshot it, tag us on Instagram, let us know what you thought, share this media as medicine with your friends.
because we want to get and pardon the gender on this, but we want to get the good guys rich, right? Like if you're listening to this podcast, I know that you are someone who is wanting to bring the frequency of heaven to earth.
And as Nicole said, goals have price tags. And so let's get you so outrageously abundant. Let's get you feeling like you can do anything and you have the financial lubrication to do that because we want the spiritual team bliss very, very well, spiritually financially lubricated so that we can bring the frequency of heaven to earth together. So I love you and I will see you next week on why isn't everyone doing this?
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