Katie Gatti Tassin

Katie Gatti Tassin, creator of the Money with Katie blog and podcast, shares her expertise on maximizing wealth through tax-advantaged accounts. She delves into essential strategies like Roth Conversion Ladders, HSAs, and Donor Advised Funds. Listeners will learn the ins and outs of 401(k)s and IRAs, as well as the mega backdoor Roth strategy for substantial savings. Katie emphasizes the importance of understanding tax codes and smart investment placements, offering practical advice to enhance your financial future.

In this engaging discussion, Katie Gatti Tassin, creator of the "Money with Katie" podcast and a personal finance expert, dives into the hot topic of renting versus buying a home. She challenges common misconceptions around homeownership, highlighting the often-overlooked costs and potential benefits of renting. Katie also sheds light on the current mortgage landscape and offers insights on how to navigate financial choices based on individual circumstances. This conversation encourages listeners to rethink societal pressures and assess their true motivations for homeownership.

Katie Gatti Tassin, host of Money with Katie, takes a deep dive into the intriguing concept of money dysmorphia—where individuals feel financially inadequate despite having solid bank accounts. She highlights how social and traditional media fuel this anxiety, distorting our understanding of 'normal.' Sharing her own experience with guilt over buying a Porsche, Katie emphasizes the conflict within financial communities. The discussion also touches on pandemic shifts in priorities and the need for balance, encouraging a healthier relationship with money.

Katie Gatti Tassin, host of MorningBrew’s Money with Katie, is a retirement savings expert who dives into the crucial decision between Traditional and Roth 401(k)s. She discusses the complexities of future tax rates and how they impact retirement planning, emphasizing strategies for different income levels. The conversation also touches on Social Security's uncertain future and the unique challenges faced by small business owners. Tassin offers insightful recommendations for optimizing retirement savings while managing taxes effectively.

Katie Gatti Tassin from Money with Katie had her “financial awakening” earlier than most. She saw the middle-class wealth trap of working, spending, and repeating for what it really was. This cash-gobbling cycle is one that many Americans fall into, but once you see the light, it’s hard not to almost automatically do better. And that’s what Katie did, trading twenty-dollar daily lunches and “hot girl expenses” for more saving, investing, and skyrocketing net worth.Through a few short years of self-education, Katie was able to more than double her income, build profitable side businesses, and have a master-like grip on her finances. She’s become an expert in retirement investing, passive income, and saving simply through reading blog posts, listening to podcasts, and starting something of her own. This, coming from someone who just a few years ago had less than $500 to their name.Katie walks through what spurred her “financial awakening” and how sharing the same thought process could activate your own. She also touches on financial myths that the middle class commonly falls into, the great Roth vs. 401(k)debate, and why lifestyle creep isn’t such a bad thing. She’s proof that you can turn your entire financial situation around in only a few short years, and if she could do it, why can’t you?In This Episode We CoverThe “financial awakening” that’ll have you saving more and spending lessFinancial “truths” that could destroy your wealth if you follow themSelf-education and the best personal finance podcasts and blogs and you should tune intoRetirement investing and whether it makes sense to invest pre-tax or post-taxStarting side hustles and job hopping to more than double your salaryThe bright side of lifestyle creep and using it as a reward for your hard workAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterScott's InstagramListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetFinance Friday: I Want to Cash Out My 401k Early, ShouldMr. Money MustacheThe Shockingly Simple Math Behind Early RetirementsThe Money With Katie PodcastInterested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices