Financial Empowerment: Financial literacy is crucial. Understanding credit card debt and healthcare options, like the Cologard Test, empowers individuals to make informed decisions. Connecting with experts can help navigate these complexities and improve personal finance management.
Navigating personal finance can be tricky, especially with the pressure of credit card debt and the complexities of the U.S. healthcare system. It's important to seek out reliable information and resources to make informed choices, whether it’s regarding credit or health screenings. The new Cologard Test offers a convenient colon cancer screening option, while the effort to improve healthcare payment models aims to enhance patient care. Additionally, understanding credit cards requires education to avoid overspending. By connecting with experts who share their knowledge for free, as Vivian has done, individuals can empower themselves to make better financial decisions and take control of their financial futures. Asking the right questions and finding trustworthy answers is key, especially in an ever-evolving economic landscape where many face financial uncertainty.
Life Balance: The conversation highlights the balance between enjoying life's simple pleasures, like comfort food, and navigating the financial realities of living in an expensive city like New York, especially for young professionals.
During a lively conversation, two friends reminisce about their lives, balancing the mundane joys of food and income. They enthusiastically share their favorite meals, particularly from Chili's, emphasizing how simple comfort food can often eclipse high-end dining experiences. One friend reveals their net worth, acknowledging that while they're doing well in their twenties, the high cost of living in New York makes financial comfort challenging. Their candid exchange underscores not only the pressure of expenses in a big city but also the resilience found in enjoying life's little pleasures, from delicious meals to financial achievements. Ultimately, it’s about finding joy and success in both personal life and career, no matter the circumstances.
Financial Disconnect: High-profile jobs don’t guarantee financial savvy. Many young professionals overspend to fit in, despite their income levels, highlighting a significant disconnect in personal finance understanding.
People often struggle with personal finance, even if they're involved in the finance industry. This disconnect can be surprising, as demonstrated by a woman who dated a well-dressed man with a high-profile job but significant credit card debt. Despite managing large amounts of money for clients, he couldn’t handle his finances responsibly. The conversation highlights how social pressures and appearances can mask financial realities. Many young professionals, influenced by others, feel compelled to overspend on lavish lifestyles, mirroring those they see in the industry. This situation emphasizes that just because someone appears wealthy doesn't mean they are financially savvy, and growing up with a different mindset about money can make the temptation to conform to flashy spending habits even harder.
Health and Finance: ColaGuard offers an easy at-home colon cancer screening for those 45+, while managing credit cards wisely helps avoid debt. Always pay off what you spend immediately to stay financially secure.
Taking care of your health is essential, and screening for colon cancer using the ColaGuard test is a convenient option, especially for those 45 and older. Additionally, managing your finances smartly with credit cards can prevent debt. Always spend only what you can pay off immediately to avoid high-interest payments. Make a budget to understand your spending habits and ensure you remain financially responsible. Prioritizing both health and financial wellness helps you lead a balanced and secure life.
Smart Credit Usage: Spend wisely on credit cards by using less than 30% of your limit to protect your credit score, and select a card that fits your spending habits and rewards your lifestyle.
Managing credit cards wisely is crucial. Instead of reaching your credit limit, aim to use less than 30% to avoid negatively impacting your credit score. To build a better score, keep spending under 10%. Good credit can lead to better interest rates on loans, good apartment rentals, and attractive credit cards. When choosing a credit card, consider your spending habits and whether the rewards justify any fees. Always choose a card that aligns with your lifestyle to maximize benefits.
Financial Strategy: Allocate 50% to needs, 30% to wants, and 20% to savings. Prioritize paying off high-interest debt before investing and aim for three to six months in savings for emergencies.
Managing finances well involves a simple strategy: allocate 50% of your income to needs, 30% to wants, and 20% to savings and investments. If you have high credit card debt, prioritize paying that off first before investing. After tackling high-interest debt, it’s okay to start investing while gradually paying off other debts. This balanced approach ensures you cover essentials, enjoy some luxuries, and secure your future while keeping debt under control. Additionally, consider your emergency savings based on your situation—three to six months of living expenses is a good target for most, and six to twelve months if income is unstable. Understanding the difference between needs and wants helps make smart spending decisions.
Investing and Friendship: Investing today is simple with options like fractional shares, while genuine friendships are vital for emotional support in personal and professional life. Prioritize loyal companions who celebrate your success alongside you, rather than those seeking personal gain.
Investing has become easier than ever, allowing people to start with just a dollar and choose from options like fractional shares and robo-advisors. Good financial habits, such as the 50-30-20 rule, help manage money effectively. Genuine friendships can sometimes be hard to find, especially in industries like entertainment, where people may have ulterior motives. It's essential to have support from close friends who celebrate both good and bad times together, highlighting the importance of loyal relationships over opportunistic ones. Having a strong support network can provide the emotional safety needed in the high-stakes world of personal finance and career success.
Community Support: Recognizing feelings of jealousy is normal, but supporting each other in success is essential. Collaboration over competition is key, especially in financial discussions, leading to stronger communities and shared growth.
It's important to recognize our feelings of jealousy and frustration when others succeed, especially when we face our own challenges. Instead of viewing success as a limited resource, we should collaborate and support each other. Success is not a zero-sum game. We need to share our experiences, especially about money, and understand that discussing these topics can help us all grow financially and emotionally. It’s also vital to celebrate our achievements and understand that there are plenty of opportunities ahead. Building a community of support, especially among women and people of color, will empower us all to move forward together.
Financial Friendship: Talk openly about finances with friends to learn and improve your money management skills. If in debt, remember it’s okay; focus on budgeting and automating payments to gain control. Build friendships by sharing experiences and supporting each other’s financial journeys.
It's important to have open conversations about money with friends to reduce embarrassment and learn from each other. Understanding how friends manage finances can uncover strategies like travel hacking or smart credit card use, ultimately helping you improve your own money management. If you're struggling with credit card debt, know you're not alone; even those in finance can face similar challenges. Responsible use of credit cards is crucial—spend and pay off immediately if you can. For better discipline, try automating your payments and savings. Even small amounts can accumulate over time. Lastly, enjoying activities with friends doesn't have to break the bank; humor and support can help lighten financial burdens while building friendships.
Health & Care: ColaGuard is a simple, at-home test for colon cancer screening without prep. At age 45 or older, it’s crucial to screen for early detection. Also, don’t miss the new season of "No One Is Coming to Save Us," addressing childcare and related societal issues.
Colon cancer screening is essential for early detection, especially for those aged 45 and older who are at average risk. The ColaGuard test offers a convenient at-home option with no special preparation needed, making it easy to prioritize your health. It’s the only FDA-approved noninvasive test that checks for blood and altered DNA in stool. Most insured patients pay nothing out of pocket. While this test is a great way to start screening, anyone with specific risk factors or a positive result needs follow-up care with a colonoscopy. Meanwhile, the podcast "No One Is Coming to Save Us" addresses crucial issues affecting childcare, poverty, mental health, housing, climate change, and public schools, showing how childcare impacts the broader American society. It emphasizes that understanding and resolving these interconnected issues is essential for improving the lives of families and communities.
How to be Your Own Rich BFF (Re-run)
The Dough
33 Episodes
Recent Episodes from The Dough
How to be Your Own Rich BFF (Re-run)
Vivian Tu may have worked on Wall Street, but she is not the enemy. In fact, she is known on the internet as Your Rich BFF. Why? Because like a true friend, she’s sharing her money expertise for free AND she’s funny as hell. She joined us to answer questions from folks on how to use credit cards without sliding into debt and what percentage of our income we should be saving instead of spending.
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
Follow Lane online @lanekwederis. You can find out more about her show at her website, https://www.lanekwederis.com/.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
Introducing: Mind Your Own with Lupita Nyong’o
We’re excited to tell you about a brand new storytelling show – hosted and produced by the amazing Lupita Nyong’o – that we are just loving. It’s called Mind Your Own, and it’s about navigating what it means to belong, all from the African perspective.
Lupita Nyong’o knows what home feels like. But where exactly is it? In Mexico, where she was born? Kenya, where she grew up? Or the States, where she’s spent the past 20 years? Like Lupita, millions of Africans are spread out across the globe following family, searching for love, building futures and creating stories. It's these stories – wild and messy, intimate and joyous – that she wants to hear.
Here’s the first episode of Mind Your Own. It’s about what it’s like to try to find your voice. You’ll hear a story from Lupita, and then you’ll meet a Ghanaian who rediscovered his voice after losing it. Mind Your Own – listen to the whole series wherever you get your podcasts or head to https://lemonada.lnk.to/mindyourownfd.
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Listen Again: How to Go From Teacher to Bachelorette
Today, we are airing one of our favorite episodes!
Michelle Young was an elementary school teacher in 2020 when she received a mysterious invitation to audition for The Bachelor. Four years later, she’s practically a household name. And she’s here today to spill the tea about the dollars and cents of reality TV. From how much she got paid to a certain $200,000 check!
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Michelle Young on Instagram at @michelleyoung, or donate to her foundation at https://www.themichelleyoungfoundation.org/.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
How to (Birth) Chart Your Career
Want to know what the stars say about your career or which astrological sign is the best with money? In this episode of The Dough, X Mayo is getting those answers from Heidi Rose Robbins, who's been a professional astrologer for the last 25 years. Join X and Heidi as they dive into X’s birth chart and talk through the benefits of using money astrology to chart your career.
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Heidi @heidiroserobbins on Instagram and schedule your own birth chart reading and more at heidirose.com.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
How to be Financially Free
Once you experience the money running out, that shit stays with you. And sometimes we just need a little encouragement to get us through. This week, X sits down with her good friend and fellow actor Tarek Ali to bring us some good money vibes! Tarek talks about how he’s learned to worry less about money and the sacrifices he’s made to follow his dreams, including the tough decision to sell his hard-earned Tesla!
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Tarek on @itstarekali on both Twitter and Instagram. His show, THAT Conversation with Tarek Ali, is available on Youtube @TarekAli and wherever you get your podcasts. Check out his mental health initiative Leap Into Healing at leapintohealing.com.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
How to Not Get Scammed at the Mechanic
Chaya Milchtein, also known as the Mechanic Shop Femme, is a car whisperer. Having an issue with your brakes? Need to get new tires? Unsure if you need to replace your spark plugs? She’s got you. As an automotive educator, Chaya teaches people how to make sure their cars stay up and running without paying an arm and a leg to shady mechanics. She joins the show to tell X how she can keep her trusted Toyota Sequoia in tip top shape and how we can all take better care of our cars.
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Chaya on Instagram at @mechanicshopfemme, or at her website, mechanicshopfemme.com. Her book, Mechanic Shop Femme’s Guide to Car Ownership, is available wherever books are sold.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
Listen Now: The High Life with Ricki Lake
Hosted by Emmy-winning talk show host Ricki Lake, The High Life brings us into Ricki’s blissed-out world of joy and pleasure, featuring conversations with compelling guests who have cracked the code to living a full and vibrant life. Join Ricki as she continues her lifelong journey of self-reinvention by talking to friends and experts in the realm of healing, health and wellness such as Olympian Alexi Pappas, journalist and psychedelics expert Ernesto Londoño, and death doula Alua Arthur. She’ll tackle topics like biohacking, tantric sex, somatic therapy, crystals, astrology, and clairvoyance. The High Life with Ricki Lake is a lighthearted dive into living your best life at any age.
You’re about to hear the first episode of The High Life, where Ricki joins Olympian Alexi Pappas as they talk about losing loved ones to suicide, opting into life, and how Alexi regained her footing after her Olympic win and ensuing battle with her mental health.
To hear more of The High Life with Ricki Lake head to: https://lemonada.lnk.to/TheHighLifewithRickiLakefd
See omnystudio.com/listener for privacy information.
How to Have a Healthy Relationship with Your Money
Is your relationship to money secure, avoidant or anxious? Financial therapist Amanda Clayman is back this season to break down our attachment styles to money and how they show up in our everyday lives. Plus, Amanda gets candid about her past struggles with debt and tells us how we can all make personal finance decisions from a calm AF headspace.
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Amanda on Twitter @mandaclay, on Instagram @amandaclayman, and book a session with her on her website www.amandaclayman.com. Check out her show Emotional Investment on Audible.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
How to Make Your Olympian Paycheck Last
Speed skater Erin Jackson was the first Black girl EVER to win an individual gold medal at the Winter Olympics in 2022. But guess what? It's insanely expensive to train and compete as an Olympian and you get paid an annual salary of exactly zero dollars to do it – unless you win a medal and even then you gotta make that paycheck last until the next Olympics. We sat down with Erin to talk about the price of being the best in the world, and how to make a living doing what you love.
This series was created in partnership with Flourish Ventures, an early-stage global investment firm backing mission-driven entrepreneurs and industry influencers working toward a fair finance system for all. Learn more at flourishventures.com.
Stay up to date with us on Twitter, Facebook, and Instagram at @LemonadaMedia.
You can find Erin on Instagram at @speedyj, on Twitter at @ErinJackson480, or at her website erin-jackson.net.
Joining Lemonada Premium is a great way to support our show and get bonus content. Subscribe today at bit.ly/lemonadapremium.
Click this link for a list of current sponsors and discount codes for this show and all Lemonada shows: lemonadamedia.com/sponsors
To follow along with a transcript, go to lemonadamedia.com/show/ shortly after the air date.
See omnystudio.com/listener for privacy information.
Listen Now: The Deep Dive with Jessica St. Clair and June Diane Raphael
We’ve got a special treat for you today. We are going to be sharing an episode of The Deep Dive with June Diane Raphael and Jessica St. Clair with you as a part of our Lemonada Book Club series, a first-of-its-kind audiobook club powered by Lemonada Media and Apple Books. “The Art of Small Talk” by Casey Wilson and Jessica St. Clair, who is one of The Deep Dive’s co-hosts, was selected as our Lemonada Book Club’s June Book of the Month. This audiobook is a hilarious how-to for making chit-chat less painful. It will help you step up your conversational skills by being a practical guide on the gift of gab.
In this episode of The Deep Dive, June and Jessica are joined by Casey Wilson and Danielle Schneider, where they all dish on the art of small talk, both the audiobook and as a practice. Listen to The Art of Small Talk wherever you get your audiobooks.
Apple Books
Spotify
Audible
Pushkin
To hear more of The Deep Dive, head to: https://lnk.to/thedeepdivefd
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