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    Business

    The Money with Katie Show

    Join Money with Katie and her guests for conversations about where the economic, cultural, and political meet the practical personal finance education that everyone needs.

    www.katiegattitassin.com

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    Copyright: © Morning Brew, 2024

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    Latest Episodes:
    How to Buy Back Your Time: Outsourcing Tasks with Farnoosh Torabi Apr 20, 2022
    Show notes

    Today's episode is all about outsourcing, a topic around which my views have evolved over the years.
    (Read: As you get older and busier, you're less interested in "doing it all," apparently.)
    We discuss how to determine what's worth outsourcing in your life and how much to pay for it, as well as address some common objections. My guest today, Farnoosh Torabi, is an icon in the personal finance world (and a mother of 2!) and she's got some #hottakes on the value of her (and your) time.
    You can check out Farnoosh on CNET's So Money podcast.
    To learn more about the Money with Katie Retreat, head here.
    Resources
    Average time use per day of American men and women from the U.S. Bureau of Labor Statistics
    "Even female breadwinners (the 29% of American women who out-earn their husbands) bear the brunt of household labor."
    "Even during a pandemic, gender gaps in sharing household responsibilities persist."
    FOLLOW ALONG
    Money with Katie Blog
    Money with Katie Instagram
    Money with Katie Twitter
    Sign up for the Newsletter!
    FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Investing in the Age of "Overvalued" Stocks & Homes with Nick Maggiulli Apr 13, 2022
    Show notes

    Today, my friend Nick Maggiulli (COO of Ritholtz Wealth Management & former data scientist, as well as author of Of Dollars & Data and his new book, Just Keep Buying) joined me to talk about something that’s been (justifiably) freaking me out a little bit lately. To boil it down to its most layman's terms is the government’s money printing the reason why stocks and homes are worth so much more now, and does that mean we’re headed for a crash?
    More to the point: What the hell do we do about it?
    I think you’ll enjoy the little history lesson throwback (Kansas farmland in the 1970s, anyone?), the explanation of quantitative easing and expansionary monetary policy (I wish my Econ 101 professor could see my B+ self now), and—most importantly—the conversation I had with Nick about what we’re supposed to make of all this.
    Here's the Politico article referenced.
    Point of clarification: We reference the S&P 500's PE ratio (25 as of this recording) and Shiller PE ratio, or CAPE ratio (36 as of this recording), in this episode, and (somewhat confusingly) switch between the two in the conversation. Nick originally describes the CAPE ratio, and then I ask him his opinion of the current PE ratio.
    FOLLOW ALONG
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    FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Why You May Need to Save Less Than You Think for Retirement Apr 06, 2022
    Show notes

    Worried you're behind, or may not have enough money to retire someday?
    You may have less cause for concern than you think. Today’s episode dives into the math behind why you may need to save less than you think for retirement, with two solid examples from my own life.
    Plus, an interview with Kim Curtis, a nationally recognized wealth management advisor and President and CEO of Wealth Legacy Institute, where she dives into what we actually need to be worried about in retirement. Hint: It’s likely not running out of money.
    FOLLOW ALONG
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    FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Negotiating Tactics that Actually Work Mar 30, 2022
    Show notes

    Today, we're digging into negotiation tips that actually work—no perfecting crafty word play, performing mental jujitsu on a recruiter, or documenting months of "wins" required.
    Since I'm not a negotiation expert (just a gal who enjoys negotiating), I brought in two guests today: Miranda Martin, a CEO Coach who speaks to money mindset, and a dear friend of mine, Career Coach Darci, who speaks to compensation research and recruiter relations.
    Here's the blog post that complements this piece—it's all about how I increased my income.
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    FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Everything's an Investment: Building Your Epic Spending Plan Mar 23, 2022
    Show notes

    Today, we're diving into the money psychology that impacts the way we spend and save—and I'll give you the framework for an epic change to the way we think about spending and investing for today and the future.
    We'll also hear from Adam Day, a Certified Financial Planner who happens to be a Level 1 Certified Financial Therapist, about ways you can start to unearth the money stories driving your behavior.
    Self-awareness is key, no?
    Here are some of the free resources we mentioned in the episode:
    Future Self-Continuity and Its Impact On Financial Planning (kitces.com)
    Money Motivator - Start (wqcorp.com)
    Klontz Money Scripts Test (bradklontz.com)
    FOLLOW ALONG
    Money with Katie Blog
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    Sign up for the Newsletter!
    FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    The Unexpected Problem with Your Financial Goals Mar 16, 2022
    Show notes

    Today’s episode is about the one major issue we all share with our financial planning:
    As humans, we’re bad at anticipating what’s going to make us happy.
    Yep—it’s kinda hard to plan for what you think you’re going to want in 40 years, huh? Especially when some of those decisions tend to be inflexible.
    You’ll also hear from Sam Dogen (a.k.a., Financial Samurai) about his journey retiring—then un-retiring—at age 34.
    You can preorder Sam’s book here.
    Here’s more information about why humans are bad at predicting what’s going to make us happy (or unhappy), and here’s the article I referenced about optimizing your tax strategy for early retirement.
    Here's my Financial Independence Planner that I use to project my path to financial freedom based on my current invested assets, income, and spending.
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    Full episode transcript below.
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Navigating the U.S. Healthcare System Without Getting Financially F***ed Mar 09, 2022
    Show notes

    The healthcare marketplace in the United States is confusing, complex, and expensive.
    Why is it the way it is? Has it always been this way? Is it this way everywhere? These were my questions when I began this deep dive.
    After reading a couple books, going on a week-long internet deep dive, and interviewing a healthcare consultant, I felt ready to bring some of my initial findings to you. Big thanks to Taylor, a healthcare consultant, for being interviewed for this episode, and Kaleigh, for sharing her experience giving birth to her daughter.
    Snag a copy of Taylor's TEMPLATE FOR DENIED INSURANCE CLAIMS.
    Since this is a relatively fact-filled episode, sources are listed below by claim.
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    CLAIMS & MORE RESOURCES
    Any claim that doesn’t have a URL attached came from the book The Healing of America by T. R. Reid.
    “Of the 11 richest countries in the world, America’s healthcare system ranks 11th. The judgment metrics are as follows: Access to care, care process, administrative efficiency, equity, and healthcare outcomes. The U.S. ranked last in four of the five criteria, with the exception of “care process,” for which we ranked second.
    Historical deep dive resource
    “The U.S. spends roughly the same amount as a percentage of GDP on Medicare and Medicaid alone that the rest of the rich countries spend insuring their entire populations, and the private sector spends even more.”
    “Estonia, Slovenia, Hungary, the Czech Republic, Korea, Israel… all of these countries have lower infant mortality rates than the United States.”
    “And pharmaceutical companies do spend, on average, around 20% of their total revenues on R&D.”
    “The U.S. actually ranks sixth in the World Index of Healthcare Innovation, behind Switzerland, Germany, and the Netherlands.”
    “A new analysis from insurance giant Humana itself and the University of Pittsburgh School of Medicine found that between $760 billion and $935 billion—or about a quarter of all U.S. healthcare spending—is considered “waste.””
    Comments about Sweden’s economy and benefits
    FULL TRANSCRIPT AVAILABLE AT HTTPS://PODCAST.MONEYWITHKATIE.COM
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Common 401(k) Mistakes to Avoid: Fees, Being Overly Conservative, and More Mar 02, 2022
    Show notes

    Today, we're taking a break from questioning the socioeconomic status quo and digging into a more tactical, technical topic: The most common 401(k) mistakes I see.
    Follow along
    Blog
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    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Is "Financial Independence" a Sign of... a Problem? Feb 23, 2022
    Show notes

    Today, we hear from Dr. Anna Hulett, an industrial organizational psychologist (think female Adam Grant), about the state of work in the United States and why there’s a small legion of Millennials obsessed with financial independence retiring early.
    Is financial independence a sign of… a problem?
    We examine data from other places (read: Scandinavian countries) where employment rates are higher, people are happier, and – ironically – the taxes and social safety nets are extreme.
    There’s a LOT to unpack here. Here’s the article referenced throughout.
    Follow along
    Blog
    Instagram
    Twitter
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


    Building Financial Intimacy: How to Deal with Financial Irresponsibility in a Relationship Feb 16, 2022
    Show notes

    Today, we hear from several #RichGirls about the role money plays in their relationships and talk about ways to improve financial intimacy – and, most importantly, create some common ground with a financially irresponsible partner.
    Whether you're the irresponsible partner or you're trying to cope with having one (or hey, maybe you two switch places!), this episode provides tangible tactics (and even a few 'scripts' you can try) for improving your finances – together.
    Thanks to all the #RichGirls who agreed to be interviewed for this episode.
    Other Resources
    An Efficient Way to Combine Finances for Marriage
    How We Built our First Couple's Budget
    Follow along
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    Twitter
    Learn more about your ad choices. Visit megaphone.fm/adchoices
    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.katiegattitassin.com


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