I Choose...To Make My Money, Make ME Money with Nicole Lapin
52:29 Share

This is an iHeart Podcast. Hi, it's Jenny Garth. Feeling confident in my skin is non-negotiable, and that's why I choose Perricone MD. Perricone MD's Triple Retinol Renewal Face and Eye Serums are powerful but gentle, boosting cell turnover for visibly smoother, firmer skin. Since I've started using these serums exclusively, I've noticed that my skin is more radiant, it's glowing, and people are asking me more and more, why?

What do you use on your skin? Having confidence in the way your skin looks starts with Perricone MD. Visit perriconemd.com and use code JENNIE for 40% off your order for a limited time. perriconemd.com code J-E-N-N-I-E. Macy's friends and family is happening now, which means you can save an extra 30% on their best brands, even the ones that aren't usually on sale.

Lake Vince Camuto Swimwear, Ralph Lauren Casuals, and with Father's Day right around the corner, pick up something special for the dad in your life. So treat yourself, your family, and even your home because this sale is too good to pass up. Shop the Friends and Family Sale going on from June 3rd through the 9th at Macy's.com.

For over a decade, 3rd Love has been the leader in making the best bras on the market. Now they have taken it to a whole other level with their latest innovation. TempSync bras and undies are the first of their kind, made with breakthrough thermoregulating fabric designed to keep you at the perfect temp before ever breaking a sweat.

even through menopausal hot flashes and chills. Third Love thoughtfully designs solutions for every stage of your life. Visit thirdlove.com and use code podcast15 for $15 off your order.

Hey there, Joel here. And I am Matt. We are from the How to Money podcast. Matt, summer is here. I could not be more excited for our annual family beach getaway together, my friend. Heck yeah, I'm excited as well. This year we are taking our families on a joint vacation to St. Simons. This is off the coast of Georgia. That's right. The Atlantic coast. And we found an awesome Airbnb that's perfect for

For everyone, the kids, they're excited about exploring the beaches and the historic St. Simon's Lighthouse. I want to check out the historic oak trees this year, too. Plus, we got a great pool at the Airbnb, which our kids are going to love. It is going to be a blast. I can't wait, man. And you know what?

That's what makes hosting in Airbnb so special. A stay at your place could be the highlight of someone else's vacation, so why not consider hosting your own home on Airbnb? With the co-host feature, it's easier than ever to manage your reservations and guests. Exactly, man. A co-host can handle everything for you, making hosting stress-free. Find a co-host at Airbnb.com slash host.

Yeah.

You're listening to I Choose Me with Jenny Garland.

Hi, everyone. Welcome to I Choose Me. This podcast is all about the choices we make and where they lead us. If I'm being honest, money and talking about finances is something that I have always shied away from. Nobody ever thought I needed to know these things.

I never had any kind of formal education about finances at all. It was more like on-the-job training, paying men to manage and advise. I handed the reins off to managers and accountants, which turns out not so smart. And I've learned things the hard way. But the last couple of years, I've made it a focus of mine to become more financially literate so that I can assume my rightly position as the CEO of me.

We spend our lives, we're trying to make money and trying to get those ends to meet as women. I believe it's important for all of us to be educated about everything. And one of the best ways to be independent and have that confidence and thrive is to know how to make and handle your own hard-earned money.

It's time for us to take back those reins and invest in ourselves and our future. I want you to become the CEO of you too. The bottom line is taking steps towards investing in your financial future is a huge I choose me mindset.

My guest today has served as the financial correspondent for shows like Morning Joe and The Today Show. She is a New York Times bestselling author and the host of her podcast, Money Rehab. Her latest book, The Money School, 12 Simple Lessons to Master Financial Markets, is out now. Please welcome Nicole Lappin to the podcast. Thank you for being here, Nicole. Thank you for having me. I am fascinated with you. Oh, thank you.

Oh, back at you. You're everything I ever wanted to be. You're so smart with money and I've always wanted to be smart with money. So you are and you will be smarter. I will be smarter because you brought me a copy of your book.

I'm so curious. Did you grow up in a family where finances were talked about openly? No. No? Not even a little bit. Really? Grew up in an immigrant family, first generation American, super broken home actually. So never had the Wall Street Journal on the kitchen table, never talked about stocks or bonds. And like a lot of immigrant families, like they just use cash. If you don't have cash, you don't buy things. That's all I knew about money. I started college as a poetry major. Wow.

Like I wanted to sit under a tree and write poetry all day long. So when people say like, I can't do it because I'm not a numbers person. I'm like, I started as a poetry major. If I can do it, I promise you can do it too. When did you realize you wanted to learn about this? Oh my gosh, I didn't. I didn't want to learn about it at

Oh, I hated finance. I hated all of this stuff. My boyfriend in high school said he wanted to be a hedge fund manager. I thought he wanted to be in gardening. Like I was the most clueless ever, ever, ever. When I was 18, I got a job offer though on the floor of the Chicago Merc. I went to school in Chicago.

and I thought the Merc was a mall and it's a stock exchange in Chicago. And I just faked it till I made it. I lied. I needed a job. They were like, do you know anything about business news? I'm like,

Absolutely. When you need a job, what do you say? Of course I do. I'll figure it out. I figured out harder things in life and I did. And that's when I realized that money is just a language like anything else. We just didn't have a Rosetta Stone for that growing up. And you probably didn't learn about it in school or if you're like me at home either. But once you can speak the language, you can not only understand it, but you – I did. I spoke it to the world. And I

It's just like any other language. If you went to Japan and didn't speak Japanese, you'd be really confused. If you went to Wall Street and didn't speak the language of money, you'd be confused until you speak the language. And you're like, yeah, it's not that serious. Oh my gosh, that gives me hope.

Did your parents model a healthy relationship with money at all? No, negative. No. Just cash. I bailed my mother out of jail using cash under the sink behind the maxi pads when I was in middle school. Like it's super deep. I have so much financial trauma. I so want to ask why she was in jail, but I'm not going to. It's in one of the books. Okay. It's

That's crazy because I know how important it is as a parent to model things for our kids. And yeah, I know what it looks like when parents don't model healthy money relations with young people in their house. I've seen how it's affected certain people in my life. I don't know, like if you don't have that model as a young person. You just become me, I guess. Yeah.

You figure it out for yourself. I mean, you can always break the cycle. Yeah. Really, truly. Just because it was done a certain way doesn't mean that's the way it needs to be done with everything. The way you...

grew up around religion, around eating, around money. Oftentimes we see what our parents are doing and we emulate that, but also you can look at what they're doing and say, I want something completely different, especially when it comes to money. Oftentimes we will see that our parents splurged or talked about debt in a negative way or hid purchases from their spouse or something like that, and then we have that

sort of embedded in us. And I think on different levels, whether it's a micro sense or a macro sense, what we've experienced about money will definitely dictate how we feel and how we approach money. On a macro sense, like if, you know, I saw my house foreclosed on when I was a kid, the housing crisis, the dot-com bubble, all of that will affect our choices. But

But, you know, recognizing that is the first step to recovery. My, you know, all my books are 12 step plans because I think the first step to any recovery is admitting you have a problem. And the only financial problem you can't fix is the one you don't admit you have. So true. You have to recognize that you have a problem. And we all have problems. We all have problems. I have more issues than Vogue. You talk about this in your new book, The Money School. But

It is insane that we are not taught anything about money or finances in school. Insane. Cuckoo bananas. Wild. Crazy town USA.

Why do we learn the Pythagorean theorem? Do you remember it? Trigonometry? I'm sorry. What? Isosceles triangles? Uh-huh. Like knowing the powerhouse of a cell or mitochondria never helped me. It's important for some people, for some professions. Totally. Yeah. But hopefully you're getting advanced degrees if you're going into those professions too. Yeah. Just like if you wanted to go into the world of finance, you'd go to business school and you would study it. Yeah. Yeah.

Yeah. Yeah. But we didn't. But yeah, when I was younger, my parents taught me, they never really talked about money out in the open. They were both teachers. We weren't wealthy at all. And we grew our own food and they were teachers by day and farmers on the weekends. So I had kind of the best of both worlds. But the only thing I remember them teaching me about money was how to make it

That's a good one. Yeah, that's a good one. How to go get a job when you're 13, 14, whatever you can get. I started working really early. And how to balance a checkbook. And I loved balancing my checkbook.

Honestly, I do too. Like, why? Where'd that go? I want to, I want to write it in the ledger, you know, the date. I know. That's a good one though. You know, and so I think it's for us as parents now, you know, checks, you know, are probably going by the way of the Blackberry or the Dodo bird. But, but, you know, those lessons, I think, are things that we can and we should, especially if they're not learning the stuff in school, learn.

teach our own kids. It's incumbent on us to do it now. I wish we learned how to do a business plan or how to do our taxes or how to write checks. The craziest thing I ever heard from one of the book events I did was somebody said like, oh, I'm good. I have money. I have checks. It's so scary, the lack of financial literacy out there. That doesn't cut it anymore. It doesn't.

You got a checkbook. You know, you don't have money because you have checks. I mean, it's really, really, joke about it, but it's serious. And I think that especially for women, you know, too many women have stayed in bad relationships, whether, you know, abusive personally or at work because they're too scared of handling the money on their own. And so I think having that money and having that takeover

Taking back that power is so important in all aspects of our lives. Yeah. I mean, I have three young adult daughters now who are all just starting to learn. Well, two of them are starting to learn about finances and investing. And, you know, I am not the most...

illiterate in the finances area. I didn't go to school. I didn't learn it. I was kind of told that I didn't need to know about anything about it because there were other people that would take care of that for me. That wasn't such a great thing as it turns out. Did you have a bad experience? Oh, gosh. Growing up, going from adolescence to teenage, then teenage straight to fame,

No, there was no college for me. There was no that natural transition that most people have into coming into their own or figuring out like what they want or where they're going to live or any of those things. So yeah, I started making money and I didn't know what to do with it. So I just did what I was advised to do, which was hire somebody to handle it all. And I wouldn't say that I had a bad experience. I would say that I've learned recently that

I can be very influential. I can convince people of certain things. Like I convinced my money manager that I needed to buy this or do that or, you know, and he would, he would let me. And sometimes he probably should have said, no, let's, let's slow your roll there for a second. And let's think about saving for the future or investing, you know, and that all kind of came later as I got into, um,

my, in my 20s for sure, someone was making all of those decisions for me. And they would say, we're thinking about this investment for you and this one. And I'd be like, oh, I love Pepsi or yeah, I'm familiar with Cocoa Puffs or whatever they wanted to invest. I don't think it was Cocoa Puffs, but thank God. But

Yeah, I didn't have that encouragement or guidance at all. What age do you think we as parents should start encouraging or teaching our kids about investing? I think it's never too early and it's all age appropriate. And so even when they're getting allowance, is it something where you have them negotiate for their allowance, like creating entrepreneurs and starting to build that skill? What would that look like if your kid was negotiating for their allowance?

So I'd be like, so Jenny, what do you think you earned this week? It's ten dollars. And you're like, no, mom, I don't know. We can roll play if you want. I did the dishes. I fed the dogs. I think that's five dollars. I made five dollars this week. Well, I just offered you ten dollars. I know. So do you want less? I was being more realistic. No, I made ten dollars. But that's a good lesson. Who knows? Like maybe a kid would say something like that. Right. And you say, oh, so you want less than, you know, less than ten dollars? You want five? You think you got five dollars?

I'm trying to give you $10. Okay, okay. I'll take the $10, mom. Okay. So only $10. Is that everything you did? You did the dishes. I also saw you pick up the dog poop. I bought it. $10. Yeah. Okay. Sold. Maybe $11. Could I get $11? I mean, I guess I saw one dog poop that you didn't pick up. Okay. So $10.50. $10.50. All right. Okay. We negotiated it. I love my $10.50 this week. Okay.

Hi, it's Jenny Garth. Feeling confident in my skin is non-negotiable, and that's why I choose Perricone MD. Perricone MD's triple retinol renewal face and eye serums are powerful but gentle, boosting cell turnover for visibly smoother, firmer skin. Since I've started using these serums exclusively, I've noticed that my skin is more radiant, it's glowing, and people are asking me more and more, why?

What do you use on your skin? Having confidence in the way your skin looks starts with Perricone MD. Visit perriconemd.com and use code JENNIE for 40% off your order for a limited time. perriconemd.com code J-E-N-N-I-E. Not gonna lie, I could use a little change of scenery this summer. And when I hit the road, I like to have options.

Luckily, Macy's friends and family is happening now, which means you can save an extra 30% on their best brands. Even the ones that aren't usually on sale. Like Vince Camuto's swimwear, Ralph Lauren casuals, and with Father's Day right around the corner, pick up something special for the dad in your life. Plus 15% off beauty, you guys, including sunscreen by Supergoop.

You know I never leave home without my SPF. So treat yourself, your family, and even your home because this sale is too good to pass up. Shop the Friends and Family Sale going on from June 3rd through the 9th at Macy's.com. Aging is a natural process, as we all know. And we at The Deep Dive, we embrace it. But I will tell you one thing about aging that I don't care for.

It's the symptoms that stem from changing hormones, especially as you get closer to perimenopause and menopause. That's why, listeners, I want to tell you about Happy Mammoth's Hormone Harmony. It's all over social media.

Happy Mammoth, the company that created Hormone Harmony, uses science-backed ingredients that have been proven to work for women. Hormone Harmony is perfect for those menopause symptoms that put a woman's life on hold. Hot flashes, night sweats, racing thoughts, low moods, poor sleep, gas, no desire to be in bed next to someone, if you know what I mean. Yeah, Hormone Harmony can help with all of these things. I've noticed that Hormone Harmony

I've noticed a little extra pep in my step since I started taking the Hormone Harmony supplement, and I love feeling more energetic. For a limited time, you can get 15% off your entire first order at HappyMammoth.com. Just use the code JENNY at checkout. For over a decade, 3rd Love has been the leader in making the best-fitting, most comfortable bras on the market.

Now they have taken it to a whole other level with their latest innovation. TempSync bras and undies are the first of their kind made with breakthrough thermoregulating fabric designed to keep you at the perfect temp before ever breaking a sweat.

This technology has been seen in men's apparel for years. Now made to combat hot flashes and chills. This is the only bra and undie collection engineered to keep you at the perfect temp. Third Love thoughtfully designs solutions for every stage of life, including perimenopause and menopause. 60 plus sizes, including exclusive half cup sizes for a perfect fit.

Staying cool, more lift, back smoothing, and so much more. Wear tested on real women. Made from top quality materials for lasting comfort and support from a AA to H cup. Visit thirdlove.com and use code podcast15 for $15 off your order.

Are you obsessed with true crime? Then you're going to love True Crime Tonight. I'm Body Movin'. You might remember me from the Emmy Award-winning documentary Don't F with Cats. I'm Courtney Armstrong, host of the number one podcasts, The Piketon Massacre and The Idaho Massacre. And I'm Stephanie Lidecker. I head up K2 Studios, where we make true crime podcasts and documentaries, and now we're even making movies. We've all worked together for years, and now we're trying something brand new.

We're unpacking all the latest true crime headlines with our team of experts. We'll be covering all the major trials that are heating up this summer, and there's a lot. And yes, we'll also be covering some of the scandals that we're all obsessed with. And you need to join the conversation. True Crime Tonight. We're talking true crime all the time. He pulls out of his backpack syringes and tries to inject her. What? It's bizarre. It's completely bizarre. And they have to investigate it.

Listen to True Crime Tonight on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You can get True Crime Tonight completely ad-free with an iHeart True Crime Plus subscription. That's available exclusively on Apple Podcasts. Plus, you'll get ad-free access to all the previous seasons of The Pikedon Massacre and Murder 101. So open your Apple Podcasts app, search for iHeart True Crime Plus, and subscribe today.

Wall Street is intimidating for someone who's listening right now that has never invested in the stock market. Where do you suggest they start? I would say remember that this amazing force of compound interest that is so often used against us in the financial system can be used in our favor. So the way it's used against us is through credit card debt. Like I got into so much credit card debt when I first got a real credit card and I had to figure out how to get myself out of it the hard way.

And that same force can be used in our favor when we start investing. So when it comes to investing, it's not about timing the market. It's time in the market that matters most. So the earlier that you start, the better. And I would suggest starting with low-cost S&P 500 index funds. Warren Buffett. Whoa. Okay. Go back. Well, S&P. S&P. 500. 500. Okay. Index funds. Index funds.

So Warren Buffett, do we know him? Yes. Yeah. He's one of the greatest investors of our time. He put that in his will for his own wife to do with their money when he passes away. And it's really hard to beat the overall market. So the S&P 500 is an index for the overall market. There are three major indexes. So maybe sometimes you hear on the news like the Dow is up, the Dow is down, the S&P 500 is up or down, the NASDAQ is up or down.

And those are indexes, and those just give sort of a pulse check of what the overall market is doing. So over time, the greatest proxy for what the market is doing is the S&P 500 because it's the 500 biggest, most powerful stocks that we have. And when one of those stocks does a bad job, they get kicked out of the index.

And so over time, that's yielded about 10%. Inflation adjusted around 7%. So when you start in the market as soon as possible, you take advantage of that beautiful, amazing force of compound interest where your money is literally making money for you while you're sleeping. And the earlier you start, the better. I can give you an example. So how old are your girls? Like

20, 25? 22. Okay. So for easy math, let's say one of them started at 35 to invest 200 bucks a month.

By the time she'll retire, she'll have a little bit less than $500,000. $500,000 is so much money, and that's awesome. But let's say she started at 25 instead of 35. Same amount of money, same rate of return. By the time she retires, she'll have almost $1.3 million. And that's just starting 10 years earlier. And that's not starting with

you know, $800,000 extra. That's starting with just $200 a month for 10 years extra. So $24,000 will yield you over time, you know, 800 extra.

extra grand. And that's just one example of how starting early can help. You can do it as a parent with custodial Roth IRAs. We can get into it if you want or not. 529s, all these things that allow you to have your money grow for you or for your kids over time. Right. To sort of set them up for success. What a nice gift to give them.

Even if it's like, what's the minimum you could start doing that to set your kids up for success? So for a custodial Roth IRA, so...

You know what an IRA is? Like an individual retirement account. A Roth, there's a Roth and then there's a traditional. So the only difference there is taxes. With a Roth, you pay taxes now, so you don't pay taxes when you take it out. So for a custodial Roth IRA, those are basically like kiddie IRAs. So if you start investing the maximum, which is $7,000 a year,

after a kid is born. That's the maximum. Maximum is 7,000 a year. But like here's where it gets good. So if at 18 they –

They'll have $300,000 if it compounds in the same way as the market has historically. Let's say they stop investing. They never put $7,000 into that. Just leave it in there. So from zero to 18, you put seven grand in there. By the time they retire, they'll have $28 million. Oh, my God. I know, sister. That's a big number. Right? And if they kept putting that $7,000 in, they'd have $36 million with an M. $36 million. Yeah.

I mean, it will be less by then than that is now because of inflation. But still. That is crazy. So $7,000 a year. Yeah. And tax-free. And so because kids, if you have a business, you could pay your kid $14,600, anything less than that, they're not paying taxes on it anyway. That's a loophole right there. Yeah.

That's what they call a loophole. I like that. Legal. Legal loophole. Yeah, legal one. Okay, wow. Yeah. I wanted to ask you, you say in your book that some of the most common concerns you hear from people who are hesitant to get started with investing are one, they are too old to start, like it's too late for them. Or two, they don't have enough money. Or three, they just aren't numbers people. I've used that one. Totally. Totally.

And so what I say to that is you're never as young as you are today. So as far as I'm concerned, today is as good a day as any. Okay. So we talked about that. We talked about the idea that it's not about how much money you have. It's time in the market that matters the most. Like I gave you those examples with 200 bucks a month. So that's $50 a week.

And so it's not about having a ton of money. It's about starting as early as possible. And then the numbers person thing, I started as a poetry major. You know what I found? I've always said like, yeah, I still say it all the time. I don't math. That's not for me. I don't like numbers. When you talk about numbers, I think about rainbows and unicorns. Like I just don't like to hear about numbers.

but I've realized that that has just been an excuse all my life to be lazy and let somebody else do it for me.

No one's ever going to care as much about your money as you are. No. Never, ever, ever. And the math is so, so easy. Like we're not talking about trigonometry. We're not talking about calculus here. It's so, so simple. And once you just understand the broad strokes, you can really use it in your favor. It's really not about complicated numbers. Like I'm not

you know, naturally a numbers person either. I know people that are in their 40s and have not started investing yet other than through their jobs, those the funds that their corporations have set up for them. But 401Ks or something like that. Yeah. Yeah. And, you know, when it comes to retirement, you don't have to put a ring on any of those retirement accounts. You can have more than one if you want. The more, the better. Mm hmm.

And, you know, I think that

It's a language like anything else. Like you just have to jump into it. And the stuff that you're saying to yourself, sister, like I think that you're just you're in this zone of bad talk. Like I've heard it several times in this conversation. Have you? What did I do? Like I'm financially illiterate. I'm not good at it. I never want to talk about it. And this is stuff that you're just telling yourself. Like these are just these are stories and we just need to change what the story is. Those are stories that I told myself until I was 50 years old.

And at 50, I decided now's the time for me to get a hold of this and take it over. Yeah, it's so important. And also like the way we talk to our kids about it, you know, we don't even think about it, you know, just basic stuff like we can't afford that or money doesn't grow on trees. What is that telling a kid?

We can't afford that. So like money is fixed. We can just never afford that. What about a growth mindset, not a fixed mindset, you know, or money doesn't grow on trees. Okay. Well, does that mean like we can never get it? What about saying something like it's a tool that we can use to get to our goals and

You know, so all of this stuff we've been told has brainwashed us to think all of these things that we're not good about money, that we can invest, like guys can do it. Guys don't know more than we do about money. They just talk about it more often than we do. And actually, studies have shown that women are much better investors than men. More instinctual, I would think.

um it's interesting because you want to kind of shut off your emotions when you're investing like buy low sell high is the best adage uh in the in the finance world but the instinct is to um you know sell low like when the market is crashing like you want to get rid of it yeah it's only going to go more down but actually that's when things are on sale and so you know and when you sell you want to

sell high. But when the market is up, you're like, oh my gosh, it's going to go up forever. I just want to like put more money in there. And so sometimes we have to really stay strong to stick to a strategy and not follow instinct. And actually women, when it comes to money, are much, much better at that. Studies have shown that we actually beat, like our portfolios beat about 2%. 2% is a lot. You know, we were just talking about a few percentage points. Over time, that adds up significantly. So 45 is not too late.

It's never too late. It's never too late. It's never too late. Now, if you want to get to certain goals by the time you're 65 or whatever and you start later, you're going to probably have to increase the number. Like one of those variables is going to have to change. So it might not be $200 a month. It might be $1,000 a month or something. I remember when I was first starting to make money and they would talk to me about retirement. It seems so –

I couldn't wrap my head around it. And I would say like, why do I need to do this? I would like to spend my money now. When I'm older, I would say then, when I'm an old lady, what kind of money am I going to need? I want my money now while I can go and have fun and spend it. Yeah. Yeah.

Hi, it's Jenny Garth. Feeling confident in my skin is non-negotiable, and that's why I choose Perricone MD. Perricone MD's triple retinol renewal face and eye serums are powerful but gentle, boosting cell turnover for visibly smoother, firmer skin. Since I've started using these serums exclusively, I've noticed that my skin is more radiant, it's glowing, and people are asking me more and more, why?

What do you use on your skin? Having confidence in the way your skin looks starts with Perricone MD. Visit perriconemd.com and use code JENNIE for 40% off your order for a limited time. perriconemd.com code J-E-N-N-I-E. Not gonna lie, I could use a little change of scenery this summer. And when I hit the road, I like to have options.

Luckily, Macy's friends and family is happening now, which means you can save an extra 30% on their best brands. Even the ones that aren't usually on sale. Like Vince Camuto's swimwear, Ralph Lauren casuals, and with Father's Day right around the corner, pick up something special for the dad in your life.

plus 15% off beauty, you guys, including sunscreen by Supergoop. You know I never leave home without my SPF. So treat yourself, your family, and even your home because this sale is too good to pass up. Shop the Friends and Family Sale going on from June 3rd through the 9th at macys.com.

Are you obsessed with true crime? Then you're going to love True Crime Tonight. I'm Body Movin'. You might remember me from the Emmy Award-winning documentary Don't F with Cats. I'm Courtney Armstrong, host of the number one podcasts, The Piketon Massacre and The Idaho Massacre. And I'm Stephanie Lidecker. I head up K2 Studios, where we make true crime podcasts and documentaries, and now we're even making movies. We've all worked together for years, and now we're trying something brand new.

We're unpacking all the latest true crime headlines with our team of experts. We'll be covering all the major trials that are heating up this summer, and there's a lot. And yes, we'll also be covering some of the scandals that we're all obsessed with. And you need to join the conversation. True Crime Tonight. We're talking true crime all the time. He pulls out of his backpack syringes and tries to inject her. What? It's bizarre. It's completely bizarre. And they have to investigate it.

Listen to True Crime Tonight on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You can get True Crime Tonight completely ad-free with an iHeart True Crime Plus subscription. That's available exclusively on Apple Podcasts. Plus, you'll get ad-free access to all the previous seasons of The Pyton Massacre and Murder 101. So open your Apple Podcasts app, search for iHeart True Crime Plus, and subscribe today. I'm Andrea Gunning, host of the podcast Betrayal.

Police Lieutenant Joel Kern used his badge to fool everyone, most of all his wife Caroline. He texted, I've ruined our lives. You're going to want to divorce me. Caroline's husband was living another life behind the scenes. He betrayed his oath to his family and to his community. She said you left bruises, pulled her hair, that type of thing. No. No.

How far would Joel go to cover up what he'd done? You're unable to keep track of all your lies. And quite frankly, I question how many other women may bring forward allegations in the future. This season of Betrayal investigates one officer's decades of deception. Lies that left those closest to him questioning everything they thought they knew. Listen to Betrayal on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

She was a decorated veteran, a Marine who saved her comrades, a hero. She was stoic, modest, tough, someone who inspired people. Everyone thought they knew her until they didn't. I remember sitting on her couch and asking her, is this real? Is this real? Is this real? Is this real? I just couldn't wrap my head around what kind of person would do that to another person that was different.

getting treatment that was, you know, dying. This is a story all about trust and about a woman named Sarah Kavanaugh. I've always been told I'm a really good listener, right? And I maximized that while I was lying. Listen to Deep Cover The Truth About Sarah on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. ♪

Studies have shown that we actually look at our old lady selves as a whole different human being, that we don't actually think of her as the same person. That's so crazy. It's true. And I think looking back, don't we wish we would have started earlier? We all do. Every time I look at my

Even when I start seeing my brokerage account increase, I'm like, oh my gosh, if I just put in a little bit of money when I started at 18 in Apple. I have these videos where I'm reporting on the floor of the exchange about the first iPod that launched or Gmail launching. I'm like, oh my God, if I put money in Google back then. You were there. Yeah.

You were there at the beginning. Oh, my gosh. We all sort of kick ourselves about that stuff. You said something about Apple. I'm not going to ask you for specific brands unless you want to help a sister out. But what areas of the market do you think –

are going to be or could potentially be lucrative for people in this coming year? And what areas do you think people should stay away from as far as investments? It's such a good question. If you're just starting out, I really wouldn't pick individual stocks. I would pick index funds, which are funds that track an index. And so like the S&P 500, there are different tickers that will follow the overall index.

So like VOO is Vanguard's ETF. That's an index fund. Stop me if I'm speaking Chinese. I don't understand. But that's okay. So basically, we talked about indexes, these sort of benchmarks that follow the overall market. You can buy...

a piece of that whole index, basically, through an index fund where you're investing little piece money in all those 500 companies. So instead of just like putting your money in one of those companies, like in Apple or whatever, then you're diversifying across a whole bunch with just one purchase. Wow. And so you can invest, you know, if you go on to a brokerage account, you know what a brokerage account is. So we buy stocks.

in a brokerage account. Unlike we don't buy them at a bank.

And people have said to me like, oh, should I go to the Apple store to buy Apple stock? Like we just don't learn this stuff. And it's okay. Like just feel comfortable asking the right questions and then you learn. And that's it. So you need to get a brokerage account. So you need a broker? Do you need a financial advisor? Okay. So many good questions. I'm so excited. So a brokerage is like a Schwab or a Fidelity or a Vanguard or an E-Trade or whatever, where you can buy things.

and sell stocks. You don't need a broker because a lot of these are self-service. You can have an advisor. Make sure that that advisor is a fiduciary, which sounds like an STD or something. No, I learned what fiduciary is. I think I learned about it the hard way. Fiduciary is someone who's got your best interest as their number one priority.

Instead of their own. Yes. This is where I think I would make the mistake. Who's financially literate? Me. Yeah. So a fiduciary is somebody that is operating in your best interest for sure. If you're looking for a financial advisor, I can give you my recommendation or just make sure that they have

They are a fiduciary and make sure that they have these licenses. I do like a role playing in the money school of what you should be asking like, you know, in that first conversation or you can sort of do a DIY path. Yeah. Where you just go online.

Yeah. And so these, if you go to one of those apps, if you have like Vanguard, Fidelity, Robinhood, any of these, they all do the same thing basically. And whenever somebody asks me like, which one is the best? They're honestly all the same. It's like whichever UX you're into, whatever you're going to stick to is the one I like the most for you. I think my daughters, since I didn't feel confident enough to teach them, I have a

an advisor that's teaching them who helps me with my money. And they did teach them to use Fidelity to go onto fidelity.com and just get in there. Yeah. Get curious. Get in there. Get curious for sure. And, you know, the reason that, you know, I suggest if you're just starting out to look at those index funds is that it's really hard to beat the market when people are like, oh, look at this new hot stock. Yeah.

The, you know, the percentages that we were talking about, like 10% over time, is looking at the overall market. It's not looking at individual stocks because those can go up and down. And indexes do too. But over time, like you want to really put your blinders on as much as possible with all the craziness in the market. Right. It feels so risky, I think, for so many people because things do seem to change so quickly. Yeah.

I think maybe that's probably the main deterrent for a lot of people wanting to get involved at all. If they don't want to get into the stock market first, what are some more conservative or steady options that you think they should consider? Also, your girls can always call me. Okay. Give me your number. So...

The way investments work are not like a seesaw. So risk and reward actually work hand in hand. So the more risk you take on, the more reward you take on. The less risk you take on, the less reward you take on. So lower risk investments will get you less of a return. That's okay if you're just starting out. I tend to write my books or talk about on my podcast like from lowest risk to highest risk.

And so the lowest risk investments could be something like a CD, which you do get at a bank. This is a form of debt, by the way. So debt can be awesome if you're the owner of the debt and you don't owe the debt. So own versus owe, one letter makes a world of difference. I didn't know you could own debt. Yeah, you can. Yeah, so like a CD. Have you heard of a CD at the bank? I have. OK, so basically it's you give them a certain amount of money.

you agree on an interest rate that they'll give you over time and then they'll give you your money back. So if you lock it up for a year, five years, 10 years, whatever, and then they'll give you your money back for the privilege of being able to use your money for whatever they want for that period of time. Totally. And so you're basically the lender in that situation. You're lending the bank money. And for that right, they're going to give you a present in the form of interest.

And so those are very low risk investments, but they're not going to get you a ton of money, a couple percentage points. Potentially right now they're a little bit higher. Actually, when interest rates go up, you think it's so bad. Maybe if you're getting a mortgage, but if you're investing, it's great because those interest rates go up for you as a saver. And then, you know, in the form of a government bond, it's the same type of idea. U.S. Treasury's really low risk.

Because, you know, you're lending your money basically to the U.S. government. Wait, wait, wait. Why would I do that? That seems like not a good idea. Well, because they talk about, you know, America's debt being higher than I can even imagine. Yes. But if they don't pay back...

Oh, my gosh. It's the highest –

It's the highest rated sovereign debt, so countrywide debt. It's AAA rated. So when you're looking at investing as the lender in bonds, let's say you're investing in bonds issued by governments. So the US or wherever, Venezuela or whatever, they all issue bonds. You can also invest in corporate bonds. And those are all rated. So think of it as we get a credit score.

Countries get a credit score basically too. Companies get a credit score too. So the United States is AAA rated, which is the highest credit rating.

So the higher the rating, the lower the risk. The lower the risk. But if, let's say, you're going to invest in Venezuelan bonds or whatever, then it's lower rated, but they're going to have to give you a higher interest rate because of that risk. So think about it like if I'm lending money to a friend, if I'm lending money to Jenny and Hannah. And Jenny, I know, is like,

so responsible. You're going to give me money back. No problemo. There's less of a risk that I'm not going to get my money back. So I'm probably going to not want to have that much of an interest rate. If there's more of a risk that somebody is not going to give me my money back, then I'm going to want more of a return, almost like as an insurance policy, that I'm going to get my interest back. And I made this bet, this risky bet on a person or

company or a country that might not give me their money back. So it just goes along with like higher risk, higher interest, higher reward you want to get, lower risk, lower interest you're going to get. Do you think it's important to have a diverse high risk, low risk portfolio? Totally. Totally. And I think the rule of thumb is to look at like bonds and stocks using your age. That's one

rule of thumb. You can use whatever you want for your situation and when you're going to need your money back. So if you take your age, 50 in bonds, 50% of your portfolio would be in bonds, and then the rest would be in equities or stocks, like in the stock market. And the thought process behind that is by the time you retire or get older, most people will if you have a different situation than Tinker based on your needs, but you're going to want a lower risk

situation for yourself by the time you need that money out. So let's say, you know, you're nearing the time when you want to take it out. Stocks are more volatile and more risky. You're not going to want to take that money out when it's in a low because remember, buy low, sell high. Buy low, sell high. Yeah. Yeah.

Hi, it's Jenny Garth. Now that I'm in my 50s, I am all about skincare that delivers real results. And that's why I choose Perricone MD. Perricone MD's award-winning formulas combine the highest quality ingredients with decades of research and expensive,

clinical testing to back up their promises. Using these products exclusively, I've really noticed a dramatic difference in my skin. It's smoother, I feel glowy, and it reduces my fine lines. I feel like my face just looks softer and everybody wants to know what I've been using. Well, it's Perricone MD.

PerriconeMD works as hard as I do, and it shows. Go to PerriconeMD.com and use code JENNIE for an exclusive 40% off for a limited time. That's PerriconeMD.com, code JENNIE, J-E-N-N-I-E. Not gonna lie, I could use a little change of scenery this summer, and when I hit the road, I like to have options. I

Luckily, Macy's friends and family is happening now, which means you can save an extra 30% on their best brands. Even the ones that aren't usually on sale. Like Vince Camuto's swimwear, Ralph Lauren casuals, and with Father's Day right around the corner, pick up something special for the dad in your life.

plus 15% off beauty, you guys, including sunscreen by Supergoop. You know I never leave home without my SPF. So treat yourself, your family, and even your home because this sale is too good to pass up. Shop the Friends and Family Sale going on from June 3rd through the 9th at macys.com.

Are you obsessed with true crime? Then you're going to love True Crime Tonight. I'm Body Movin'. You might remember me from the Emmy Award-winning documentary Don't F with Cats. I'm Courtney Armstrong, host of the number one podcasts, The Piketon Massacre and The Idaho Massacre. And I'm Stephanie Lidecker. I head up K2 Studios, where we make true crime podcasts and documentaries, and now we're even making movies. We've all worked together for years, and now we're trying something brand new.

We're unpacking all the latest true crime headlines with our team of experts. We'll be covering all the major trials that are heating up this summer, and there's a lot. And yes, we'll also be covering some of the scandals that we're all obsessed with. And you need to join the conversation. True Crime Tonight. We're talking true crime all the time. He pulls out of his backpack syringes and tries to inject her. What? It's bizarre. It's completely bizarre. And they have to investigate it.

Listen to True Crime Tonight on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You can get True Crime Tonight completely ad-free with an iHeart True Crime Plus subscription. That's available exclusively on Apple Podcasts. Plus, you'll get ad-free access to all the previous seasons of The Pyton Massacre and Murder 101. So open your Apple Podcasts app, search for iHeart True Crime Plus, and subscribe today. I'm Andrea Gunning, host of the podcast Betrayal.

Police Lieutenant Joel Kern used his badge to fool everyone, most of all his wife Caroline. He texted, I've ruined our lives. You're going to want to divorce me. Caroline's husband was living another life behind the scenes. He betrayed his oath to his family and to his community. She said you left bruises, pulled her hair, that type of thing. No. No.

How far would Joel go to cover up what he'd done? You're unable to keep track of all your lies. And quite frankly, I question how many other women may bring forward allegations in the future. This season of Betrayal investigates one officer's decades of deception. Lies that left those closest to him questioning everything they thought they knew. Listen to Betrayal on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

She was a decorated veteran, a Marine who saved her comrades, a hero. She was stoic, modest, tough, someone who inspired people. Everyone thought they knew her until they didn't. I remember sitting on her couch and asking her, is this real? Is this real? Is this real? Is this real? I just couldn't wrap my head around what kind of person would do that to another person that was different.

getting treatment that was, you know, dying. This is a story all about trust and about a woman named Sarah Kavanaugh. I've always been told I'm a really good listener, right? And I maximized that while I was lying. Listen to Deep Cover The Truth About Sarah on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. ♪

Okay. How does credit work? We all start out at zero. Great question. So do you know your credit score? I do. Okay. Amazing. I only say that because I was looking at one of my credit card apps on my phone the other day and I saw it and I was like, oh, well, it's in the green. So I'm good. Okay. Good. Usually, do you want to tell me what it is? Seven something. Great. 750. Yeah. That's awesome. That's good, right? Yeah. Well,

All of it is really just telling lenders how responsible of a person you are. So if you're going to get a mortgage or a business loan or a personal loan, there's really not that much of a difference. Some people, when they get into this, they get really competitive and they're like, well, I don't want $750,000, I want $800,000. It's like you're going to get the same, the best rate if you're in that green zone generally. And so basically it's your financial report card.

it tells lenders how responsible you are. And so the higher the credit score, the lower the rate. So that actually does work like a seesaw. So higher your credit score, lower your interest rate. So if you are coming to me as a bank, you have $750, then I'm going to give you, let's say, a 2% rate.

And I think she's an example of a bad credit score, you know, has, you know, a 600. Then I'm going to charge her 3% or 3.5% or 4%. Because you're more concerned. There's more of a risk that she's not going to be able to pay you back. Like maybe she pieces out. Maybe she, you know, God forbid, goes bankrupt or something like that. So I'm taking on more risk that I'm not going to get.

um, my full amount back from the mortgage or the personal loan she took out. I know for like, okay, so say someone is listening is a single mom with a limited income. How should she start investing in her financial future? Like what would you suggest stock market or something else like that Roth IRA? Okay.

You don't have to choose, but you also have to look at your overall picture. Does this mom have debt? What percentage is that debt? So there's something called the 7% rule. So if you look, I'd love to look at all of her debt, all of her assets, and her liabilities. So liabilities is just everything you owe. So if she has credit card debt at 20%,

and she has student loans at 4%, then I would want her to pay off that credit card debt at 20% first because that's eating into anything she could invest. And the reason that 7% rule exists is because that's generally how much you're going to get if you're investing in the overall market. And so anything above that, you should pay off before you invest. Anything below that, you can take that

spread or the difference between the debt and what you would get if you were investing. So if you have 4% of debt, you can still invest at 7% and you'll make the difference. You'll still make more. Having money allows you to make more money. The thing your parents said is really important. Making more money is a great lesson to learn. But it's actually not how much you make, it's how much you keep.

And how much you grow it that matters the most. And so a salary, even if it's a really, really high salary, is never going to grow long-term generational wealth. Investing is and using that power for you will. So you suggest paying off your debt.

Depending on the interest rate. So if you have different types of debt, there are two methods to paying off debt. I like the avalanche method, which is rating your debt from highest interest rate first to lowest interest rate. And so paying off the highest interest rate first. So let's say- Get in there with that one. Totally. Yeah. Like let's say she has a 4% interest rate for student debt and a 20% interest rate for credit card debt. And you have 100 bucks.

But magically, that 4% is a $100 bill. And you're like, that feels really cathartic. I'm just going to pay off that bill and be done with that. It's actually better to put the $100 towards the 20%. Towards the bigger debt. Yeah. Even if it just chips out a little bit. Yeah. You hear that. I mean, I hear that all the time. People don't have money. They just charge everything. Yeah. And they end up with so much debt. Yeah. Yeah.

I mean, I was in that situation and I broke it down by the day. I think all of this stuff, it gets really complicated and overwhelming. You know, the jargon keeps a lot of people out of the conversation. I try to take as much of the jargon out as humanly possible. Like I didn't work at a bank. I didn't get my MBA. I just learned in the school of hard knocks because I had to. And so, you know, the more you get involved in debt, like

if it's a big number, breaking it down like I did, I think it was $7 a day, makes it more digestible. So anything hard, broken down into steps, you know, makes it easier for you to stick to. Little baby steps. Yeah, so have a goal of what you want to tackle and go to that, work on that one just day by day. Just like break it down into as little chunks as possible. You know, the first time I did my taxes, I was like,

I had, you know, all the receipts crinkled up, all the things. And I was like, I'm going to spend the whole Saturday and I'm going to be done with my taxes. And what happened after Saturday was I had a glass, probably a bottle of wine, no taxes were done. And instead I said, OK, all I'm going to do on day one is literally uncrinkle my receipts. That's it. Just uncrinkle.

Just uncrinkle them and I'm done. And then I could stick to that. The next day, I'm going to stack them in little piles. That's it. Because if you try to bite off more than you can chew, you're just going to feel really frustrated and never get to it. Okay. Receipts. Do I have to keep receipts? Because I feel like I just throw them out because I feel like if I bought something, it's on my credit card, then I can just reference my credit card.

and look it up, all my charges. Usually that's fine. That's fine, right? Usually that's fine, yeah. Okay, because this whole save your receipts thing, I can never get a handle on that. It's usually fine. There are so many caveats. And talk to a tax professional. If you really want to get a handle of your situation, you should keep it for a certain number of years in theory. But in practice, I don't.

You heard it here first. We are not holding onto our receipts anymore. It's just too much. It's too much clutter. Listen, if you have a business and you are going out for business –

or dinners or, you know, those types of things, it's actually good to keep what that is and the itemized because you can only take your portion and all these like different roles. But if you don't work for yourself and you have a pretty simple tax situation, you're good. Yeah. I'm going to go to the like, I'm going to look it up on my credit card statement. Yeah. Same. Or like it pulls into question.

Yeah. Books or whatever. Yeah, absolutely. I want to talk about money and relationships because that's a big deal. Yeah. First of all, how long do you think you should be dating somebody before you have money talks or debt talks or financial goal talks? You can have them at every step of a relationship. They're just going to be different.

So when you're dating, you're not talking about wills and trusts and stuff like that. But if you have kids, you better have a will or a trust or both ideally. And so those talks change as life happens and as your relationship grows. When you move in with somebody, you want to know whose name the bills are under. If they're under that other person's name and they're

they're paying them on time and you guys break up, then they're accumulating good credit history. If they're under your name and that other person is not paying it for whatever reason, then they're screwing your credit. So you just want to have – it's so hard to have these conversations. It feels really taboo. But we talk about way more personal stuff than money. Like when we're at dinner with our girlfriends, we will talk about

Sexy time, bikini waxes, bowel movements, menopause, period. All of the things. And I'm like, girl, you just told me about your landing strip bikini wax. You're not going to tell me about what you're making and your investments? I want to help. Why can't we open up that dialogue? It's such a secret. It's like a secret because we don't want to have less than...

Susie and, you know, it can be a very disheartening thing to hear when you're not doing as, you know, the same things that someone else is doing and seeing them have success with it. Totally. But then honestly, yeah, actually, it's about talking about it so you can learn from Susie. Like, I want to know what you're doing and how you got there.

to this financially stable place that you are because that's what I want for myself. Yeah. And if you have these, you know, these mean girl conversations with yourself, like I'm not as good as Susie or Isaac or whatever, my worth is not as, that's on you. That's like your work to do because nobody said that money equals value. Right. And so money without meaning is just paper. Right.

It's how you use it. Money is a tool. Money is a tool. And so like a hammer, you can build a house, you can tear it down. It's a tool. It has nothing to do with your own self-worth or your esteem. Having these conversations will only help you become more educated and get ahead. Like I wish we would instead have discussions about what investments you're in or, you know, how much you're making, you know, negotiating for yourself, uh,

Whether you learned it as a kid with your allowance or not, most of us didn't. It's like a skill just like anything else. And so understanding what other people are making, opening up that dialogue is so important. If you want to do it, I would say go first. Go first. Break the ice. Yeah, totally. Like any hard conversation is always easier when somebody…

starts like addiction you know if somebody wants to talk about that for instance and they say like my father died of an overdose and when I say something like that people are like oh wow you know like I knew my situation but they're not gonna bring it up on their own and so if you want to talk about it I would say like go first which is what I do in

my books on my show. Like I say, I'll show you mine. Hopefully if you, you don't even need to show me yours. I hope you just show yourself yours. Um, I'll take it for the team. You talked about negotiating. I can't even, I go to the farmer's market and I can't even negotiate like with, for the tomatoes. Like I will just give them full price for everything. Cause I just don't feel comfortable negotiating with people.

It's a skill. It's like just a muscle. Also, like the tomatoes. I mean, yeah. That's a bad example. Tomatoes, you're a farmer's daughter. Yeah, I think that. You know when you go to the swap meet and you want to buy something and they're like, oh, it's $30. You're like, oh, what do you take? I only have $25. Yeah. Or like, how about $25? I get uncomfortable. I'm like, just give them the money they want. Yeah.

you know, also that we're like, it's perspective, you know, so the biggest purchases we'll make

our houses and running those numbers and making sure that you're getting what you can there super worth your time yeah uh that's why your credit score is super worth your time because that's connected to the debt that you'll pay so if you have a lower credit score you're going to pay more in debt over time which will be thousands of dollars you know the tomato like i really don't know if we should sweat the small stuff when it comes to money like relationships

the little things matter so much. What do you mean? Like the note that you left me, the text that you sent me matters so much in like personal relationships. It's the little things. It's the thoughtful things. Yeah. But with money, it's the big things. It's the big things. Like don't worry about the tomato or the latte. Like worry about your credit score. Worry about figuring out how to get points off your mortgage. That's the big stuff. Figure out how to grow your money. Like this little thing that we get fixated on. Mm-hmm.

Which is how I started in this to begin with because, you know, financial experts were yelling, don't buy a latte. And I was like, oh my God, I love that. I need my latte.

And so it's not about nickel and diming yourself on the little things. It's focusing on the big stuff so that you don't have to worry about. I think I always got caught up in that along my journey. And I remember someone saying to me, I won't name names, but saying I was, what's the expression? Penny, smart, dollar. Oh, pound foolish penny wise. Pound foolish penny wise. So like, you know, you fixated on the little things that you were buying and less so about the big things. A lot of people.

Because it feels like something you can control. Right. Right. And we all want the little things. It's easier to control the little things. Going back to the relationship talking. Okay. Are we dating? What's the story? We might be. But I know that it can cause a lot of problems in a relationship, money. It's always uncomfortable to talk about. And you don't want to get too far in with somebody and find out that they have this mountain of debt or they are, you know, have loans that they're trying to dig out from under because

And some people get into relationships where one person is taking on more of the financial responsibilities. How, if you find yourself in that situation, how do you course correct that in a way that's going to protect you?

So many things. In the big picture. So I think first of all, when it comes to talking about finances, it doesn't have to be scary. It's not an interrogation. It's not like flashlight in your eye. Where were you the night of June 5th? No, it's, hey, baby, what do you want out of your life? Goals have price tags. So it's about talking about

your life reverse engineering to figure out how to get the money to live that life understanding how they want to spend their money what their habits are it's not like how much is in your you know bank account or like what's in your brokerage account or what's your credit score this is not like first date conversations i don't think that would kind of be a turnoff but yeah it's

But I think understanding how they view money is really important to do early on. And that's, you can get a sense of that. You can get a sense of how they're spending, you know, what kind of brands they're buying. Do they have mountains of bills on their counter? Like, you can just be perceptive and pay attention to maybe yellow flags. And then as you

get more into the relationship, you can double click on those yellow flags and see if they're red or green. But it's having an open dialogue. Most divorces happen because of finances in one way or another. And being able to talk about that earlier is obviously better. But I would go back to the hard conversation part, like be ready to talk about it first.

Bring up a prenup. Like I think a lot of women should bring up a prenup. This whole narrative that we've gotten into of like he's making me get a prenup. You know, what do you mean? Like what about your money? What about the things that you've built? What about bringing it up and taking back the power of that conversation? Absolutely. It's about protecting yourself.

Yeah. And you have a prenup whether you have an actual document or not. Like the state is going to decide. In California. Anywhere you are. Like depending on where you are, the state is going to decide what happens to your assets. So it's better to decide for yourself. I generally think we would want to have more control. Same thing when it comes to wills and trusts and stuff like that. After listening to or having this conversation today, what is the one thing that you hope our listeners take away?

I would honestly, just listening to you talk, I want all of the listeners to just be mindful of the self-talk around money because I think it really dictates what your actions are. I think just try to tell the mean girl inside your head to take several seats. We all have

her or mean guy. And I think it's really important the way we talk to ourselves about money. You know, maybe we're not there yet. Like we're not where we want to be right this second, but there's no reason that we won't be. And there's no reason our kids won't be. And I think it's just being really mindful in how we talk to ourselves and how we talk to our kids, like we talked about, you know, when it comes to money, because it really does

Yeah. What you do or what you don't do. You're so right. Self-talk, positive self-talk in every area. Who's financially literate now? That'd be me. Yeah. Before I let you go, Nicole, what was your last I choose me moment? Oh my goodness. Oh my goodness. Oh my goodness. My last I choose me moment. This has been a tricky one because I just had a baby and I just lost my house and it's been a lot of choosing everybody else moments. Yeah.

My last I choose me moment was going to get blood work done and finding out that I had an iron thing, which is why

I wasn't having energy and then taking time to go get iron infusions because that would make me feel better. And there were a lot of time when I have the baby and all of that, but I thought it would make me a better mom, a better partner, a better everything if I just went and did this like not fun thing. But I think self-care is not always about deep tissue massages and, you know, mani-pedis. I love those, don't get me wrong. But like sometimes self-care I think is

about going to the doctor, doing financial self-care. Investing in yourself pays the most dividends later on. I know. It really does. People don't realize that. Is that a choose me moment? Absolutely. You chose to be your own health advocate to make sure that you are running at your top level so that you could then in turn be there for your family. I love that.

This has been such a great conversation. I hope that I know that our listeners will take something away from it. So thank you very much. Thank you. Hi, it's Jenny Garth. Now that I'm in my 50s, I am all about skincare that delivers real results. And that's why I choose Perricone MD. Perricone MD's award-winning formulas combine the highest quality ingredients with decades of research and expensive clinical

clinical testing to back up their promises. Using these products exclusively, I've really noticed a dramatic difference in my skin. It's smoother, I feel glowy, and it reduces my fine lines. I feel like my face just looks softer and everybody wants to know what I've been using. Well, it's Perricone MD.

Perricone MD works as hard as I do, and it shows. Go to perriconemd.com and use code Jenny for an exclusive 40% off for a limited time. That's perriconemd.com, code Jenny, J-E-N-N-I-E.

And yes, we'll also be covering scandals that we're all obsessed with.

pulls out of his backpack syringes. What? Wow. It's completely bizarre. Listen to True Crime Tonight on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. You can get True Crime Tonight completely ad-free. That's with an iHeart True Crime Plus subscription available exclusively on Apple Podcasts. So open your Apple Podcasts app, search for iHeart True Crime Plus, and subscribe today.

Hi guys, I'm Andrea Gunning, host of Betrayal. I'm excited to bring you all season four, a story of a cop and his double life.

I wanted to let you know that you can get access to all episodes of Betrayal Season 1, 2, 3, and Betrayal Weekly and every single episode of Betrayal Season 4 ad-free with an iHeart True Crime Plus subscription, available exclusively on Apple Podcasts. Plus, you'll get access to all episodes of Betrayal Season 4 one week ahead of everyone else, available only to iHeart True Crime Plus subscribers. So don't wait. Head to Apple Podcasts, search for iHeart True Crime Plus, and

and subscribe today. What happens when we come face to face with death? My truck was blown up by a 20-pound anti-tank mine. My parachute did not deploy. I was kidnapped by a drug cartel.

When we step beyond the edge of what we know. I clinically died. The heart stopped beating. Which I was dead for 11.5 minutes. In return. It's a miracle I was brought back. Alive Again. A podcast about the strength of the human spirit. Listen to Alive Again on the iHeartRadio app, Apple Podcasts, or wherever you listen to your favorite shows.

I've seen a lot of stuff over 30 years, you know, some very despicable crime and things that are kind of tough to wrap your head around. And this ranks right up there in the pantheon of Rhode Island fraudsters.

I've always been told I'm a really good listener, right? And I maximized that while I was lying. Listen to Deep Cover, The Truth About Sarah on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast.