HerMoney with Jean Chatzky

Latest Episodes:

Mailbag: I’m in $13,000 worth of debt, should I pause my retirement savings to pay it off? Oct 22, 2024

Show notes

Today we are bringing you a mailbag with listener Amy. She’s in her early 40s and she is wondering if she should hit the brakes when it comes to saving for retirement because of the other things on her plate. She's working on paying down credit card debt and she wants to be able to afford to move into a nicer home.

So, what's the order of operations here? We’ll dive into some timely advice for her.

Chapters:

00:00 Introduction to Financial Priorities

02:57 Understanding Current Financial Situation

06:00 Exploring Debt Management Strategies

09:07 Retirement Contributions and Future Planning

12:12 Real Estate Considerations and Options

Have a personal finance question for us or want to jump on a call with Jean so you can get all of your follow-up questions answered? Write in at mailbag@hermoney.com.

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.

Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here.

The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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How To Lower The Cost of Your Homeowners Insurance Oct 18, 2024

Show notes

Every year during hurricane season, we see that many of you have questions about how to lower the cost of homeowner’s insurance. And we get it — it’s so difficult to know exactly which policies are right for your specific property.

Ben Keys, the Rowan Family Foundation Professor of Real Estate and Finance at the University of Pennsylvania’s Wharton School, shares how to know how much coverage we really need, and walks us through the steps to take to get a better deal on our policies.

Chapters:

00:00 Navigating Homeowners Insurance in a Changing Climate

05:58 Understanding the Rising Costs of Homeowners Insurance

11:52 Assessing Your Insurance Needs and Coverage

17:59 What to Do When Your Insurer Drops You

24:00 Practical Tips for Lowering Your Insurance Premiums

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.

Ben Keys NY Times Op-Ed: https://www.nytimes.com/2023/05/07/opinion/climate-change-homeowners-insurance-housing-market.html

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Ep 445: How Women Over 50 Are Shattering Workplace Stereotypes Oct 16, 2024

Show notes

We know that aging is a privilege, but there is still so much negativity wrapped up with aging — particularly for women who are still thriving in their careers. There’s perhaps no greater blow than to be made to feel we’re “past our prime” just when we finally hit a point in life where we have more clarity and more to offer the world than ever.

Tamsen Fadal, "The Midlife Mentor" on Instagram, joins us to talk about what she’s letting go of now that she’s in her 50s, and the misconceptions we all need to push back on about midlife.

Chapters:

00:00 Introduction

05:00 Changing Careers After 50

09:00 Menopause Support At Work

14:00 Debunking Myths About Productivity in Midlife

22:00 Tamen Fadal’s Fashion and Personal Style

25:00 Mailbag: I’m a recent widow, should I sell my historic home to free up cash for traveling?

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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Mailbag: All of Your Retirement Questions, Answered Oct 11, 2024

Show notes

Today we're bringing you an extra special mailbag with friend of the show and Director of Personal Finance and Retirement Planning at Morningstar, Christine Benz. If you listened to our “New Rules for Retirement” episode, then you know all about Christine and why she thinks women need a new playbook for retirement.

We are going to tackle a few of the follow-up questions that came from our viewers on YouTube, go check out our channel if you haven’t already!

Chapters:

00:00 Introduction

03:00 Mailbag Question 1: I have 425k saved and want to retire early, what am I missing?

08:00 Mailbag Question 2: I have 700k saved, how much can I safely start to withdraw without running out of money?

12:00 Mailbag Question 3: I’d like to begin converting money from my 401k to my Roth before I retire, is that possible?

17:00 Mailbag Question 4: I’m 62 and after a series of setbacks I’m basically starting over financially. How do I get started saving for retirement this late in the game?

Have a personal finance question for us or want to jump on a call with Jean so you can get all of your follow-up questions answered? Write in at mailbag@hermoney.com.

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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

Ep 444: Are You Overworked? Here’s How To Fix It Oct 09, 2024

Show notes

Admit it: You’re overworked. We spend more time working in America than any other developed country. And maybe you think we’re working extra hours because we’re doing work that feels necessary and engaging and fulfilling — but no. We just don’t care about our jobs as much as we used to.

So, is there a way to ensure we’re doing productive work that we actually enjoy? Brigid Schulte, author of Over Work: Transforming the Daily Grind in the Quest for a Better Life, spent 10 years researching our discontent with work. She eventually found countries, companies, and people who are all doing it better. Here’s what they're doing right, and how to change your situation, ASAP.

Chapters:

00:00 Introduction & Work Culture Overview

05:00 The Shift in Work Expectations

10:00 The History of Work in the US

17:00 Iceland’s Short Work Hour Movement

24:00 Practical Tips to Reduce Overwork in Your Own Life

35:00 Mailbag Question 1: How to manage stock received as part of a divorce

38:00 Mailbag Question 2: Should I pay down debt or max out my retirement savings?

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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HerMoney Classic: We’re Lonely. Let’s Fight It With Friendship. Oct 04, 2024

Show notes

When was the last time you made a new friend? A real friend, not an online one, a friend that you can actually grab brunch with, or go for a walk with. Our guest today, Adam Smiley Pozwolsky, millennial workplace expert and author of Friendship in the Age of Loneliness: An Optimist’s Guide To Connection says the average American hasn't made a new friend in the last five years, and that 75 percent of us are not satisfied with the friendships we do have.

So our challenge for you today after you listen is to go out there and make plans with a new friend or make a plan with somebody that you've been meaning to get back together with for a while and then report back. Drop us a note at mailbag@hermoney.com if you followed through on plans with someone after listening to this episode!

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Learn more about our Finance Fixx program here and join our next pre-retiree session starting October 7th. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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Ep 443: How To Be A Good Friend (Without Going Broke) Oct 02, 2024

Show notes

We know that our connections to our families, our friends, and our communities are SO important — so important that when we don’t maintain them, our health and our overall well-being can suffer.

Maintaining our connections in real life is essential, and perhaps nobody knows that better than our guest Danielle Bayard Jackson, known as “The Friendship Expert” on TikTok. Listen in to hear how societal changes, cultural obstacles, and personal expectations have changed the way we maintain our most important relationships.

And then, Allison Gilbert, co-author of “The Joy of Connections” with the late Dr. Ruth, talks about how we can forge deeper connections and show the people we love that we care about them — without going broke in the process.

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Chapters:

00:00 Introduction

02:00 Danielle Bayard Jackson and The Finances of Friendship

06:00 Challenges of Modern Friendships

17:00 The Friendship F.I.L.E.S. Framework

25:00 Transition to Allison Gilbert and The Joy of Connections

36:00 Forming New Connections and “Being the Turtle”

43:00 What Authentic Connections Really Do For Us

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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

Mailbag: What to do when your employee terminates your pension, plus how to kick off your freelance writing career. Sep 27, 2024

Show notes

Today we are bringing you two mailbag questions with our incredible listeners. First, we'll be talking to Beth. She is calling in from upstate New York. Beth is in her early 60s and her company's made the decision to terminate employee pensions, which has left her with some options: Should she take the lump sum? Should she roll it over? We'll dive into some timely advice for her.

Then we'll be talking to Sarah. She is wondering how best to start a side hustle as she transitions out of her long-time career as a healthcare executive.

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Chapters:

1:00 Mailbag Question 1: My pension is being terminated, help!

5:00 Retirement Annuity Option

8:00 Lump Sum Option

18:00 Mailbag Question 2: How do I get paid for freelance writing?

27:00 Starting A Blog or Substack

Have a personal-finance question for us or want to jump on a call with Jean so you can get all of your follow-up questions answered? Write in at mailbag@hermoney.com.

Take the MoneyType quiz here and listen to our MoneyType episode for a deep dive here.

Learn more about our Finance Fixx program here and join our next pre-retiree session starting October 7th. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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

Ep 442: Find Your Financial Safe Space Sep 25, 2024

Show notes

Money is SO personal, and no matter how prepared you think you are to meet your money goals, there are many factors that can throw a wrench into your carefully designed plans. There’s perhaps no greater hurdle to overcome than being part of a community that is historically diminished in conversations about money.

Ellyce Fulmore, a queer ADHD money coach and neurodivergent content creator, joins us to talk about the social and personal identities that make you who you are — and how they shape the way we manage our money.

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Chapters:

00:00 Introduction

03:13 Understanding ADHD and Neurodivergence in Money Management

22:37 The Five Account System

30:11 Visual Reminders and Progress Trackers

35:11 Creating a Mental Health Sinking Fund

39:48 Navigating Money Conversations in Relationships

40:00 Transition to Mailbag

41:00 Mailbag Question 1: How do I close a credit card without harming my credit?

49:00 Mailbag Question 2: Should I change my retirement money goals if I’m part of an underrepresented community?

Take the MoneyType quiz here and listen to our MoneyType episode for a deep dive here. Learn more about our Finance Fixx program here and join our next pre-retiree session starting October 7th. Use code PODCAST for a $100 discount.

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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

HerMoney Classic: An Insider’s Guide To Cars: Buying and Selling Sep 20, 2024

Show notes

It finally happened…the Fed lowered interest rates, by a greater-than-expected half a percentage point when they met on Wednesday. This was the first time rates were cut in more than four years, and it’s expected that the Fed may continue cutting the rate at its two remaining meetings before the end of this year.

We’ve heard from many of you who have been waiting to drive off the lot in a new — or new-to-you — car until rates fell. That’s why this week, we’re re-releasing one of our most popular car-buying episodes, all about buying, selling, and the surprising places where you can and can’t negotiate at the dealer.

We’re joined by Scotty Reiss, founder and CEO of A Girls Guide to Cars, a website that’s empowering women to be smarter, happier car owners by arming them with car information. Don’t forget to drop me a note at mailbag@hermoney.com if you used one of Scotty’s tips when you negotiated at the dealer!

Learn more about our Finance Fixx program here and join our next pre-retiree session starting October 7th. Use code PODCAST for a $100 discount.

Join our free budgeting webinar on October 15th at 7 PM ET! https://us02web.zoom.us/webinar/register/WN_GXkmVlwFRVGfi39jim9xZQ#/registration

Use promo code HERMONEY at the link below to get an exclusive 60% off an annual plan at https://incogni.com/hermoney.

Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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

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