The Money with Katie Show

Today, we're talking about three questions we should be asking ourselves in preparation for a new year. Annual planning (both financial and otherwise) is super powerful for achieving the things we want. Our three questions: Where will I be one year from today? Where am I right now? What's my one word for 2022? In this episode, I'll talk you through how to answer these questions (and the questions within them) and how to use them to reach your goals in 2022. The 2022 Wealth Planner launches January 1, 2022 at midnight. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on the show, I've got my friend Eliana Goldstein, a Millennial Success Coach who focuses on career coaching (she's certified!).Sign up for Eliana's free masterclass for Money with Katie listeners on Wednesday, Dec. 8 here (4PM PST/7PM EST).We discuss: Her journey to becoming a career coach and why she's uniquely qualified to do it Why so many Millennials are unhappy in their careers, and how they can begin to remedy it How we should think about the "fulfilling career" vs. "high-paying job" tradeoff Career mindset & mapping Learn more about your ad choices. Visit megaphone.fm/adchoices

In this engaging conversation, Sarah Levy, CEO of Betterment and former executive at Disney and Viacom, discusses the competitive edge of her company over others like Wealthfront. She reveals how Betterment blends technology with human expertise, ensuring personalized support for investors. Sarah also shares insights into the company's future direction and commitment to socially responsible investing, while addressing the behavioral challenges investors face in volatile markets. Lastly, she emphasizes that effective investing can be both simple and strategic for everyone.

Join a candid exploration of the journey to financial independence, where ambition meets reality. Discover how a million-dollar goal shaped a transformative path from uncertainty. Delve into the psychology behind financial aspirations and the importance of savoring the journey. Learn how shifting goals can redefine success and the balance between future aims and current enjoyment.

Inspired by my recent venture into the capsule wardrobe, I wrote and recorded this episode about overcoming spending guilt as an objectively high earner who has a hard time spending money. We'll dig into... My money stories from childhood Why (I think) I have a hard time with spending, and what I'm doing about it 3 legitimate, actionable tips for feeling less guilty about spending your money The budgeting app I mentioned in today's show is called Copilot, and you can use the code KATIE2 to double your free trial. Learn more about your ad choices. Visit megaphone.fm/adchoices

Self-employed individuals can supercharge their retirement savings with Solo 401(k)s and SEP IRAs. Discover where self-employment tax originates and which retirement account suits your income best. Learn strategies to minimize that hefty 15.3% self-employment tax and uncover how to potentially save over $10,000 on your taxes. Dive into easy calculations for contribution limits and explore a new approach to obtaining Roth exposure without the Backdoor Roth IRA. It's packed with tips to help you navigate the financial landscape with confidence!

Today, we're looking at the top 5 basics for people who are starting their personal finance journey: Paying off debt strategically Not over-doing the emergency fund Investing early and often in a tax-efficient way Living beneath your means Using credit cards to travel for free RESOURCES MENTIONED Get started with Betterment > "Betterment Safety Net" Pick up a Wealth Planner tool for an exact emergency fund recommendation How to Use Your 401(k) in Early Retirement without a 10% Penalty 401(k)s for the Self-Employed A Case for Why Nice Stuff Might Be Making Your Life Worse The Top 3 Spending Mistakes I See Travel Credit Cards: A Full Breakdown Guide Learn more about your ad choices. Visit megaphone.fm/adchoices

An episode by popular demand: Let's talk about how you can travel for free using credit card rewards. Today, we're going to talk about:The prerequisites for using credit card travel rewards (who should and shouldn't be doing this)FAQs about timing, risks, credit score implications, and moreThe 5-6 cards I recommend getting, in order, and why the annual fees are worth itRESOURCES MENTIONEDThe Wealth PlannerThe Chase Freedom Flex Card application linkThe Chase Sapphire Preferred application linkThe Chase Southwest Airlines Rapid Rewards Priority Card application linkThe Chase Marriott Bonvoy Boundless Card application linkThe Platinum Card from American Express application linkThe Platinum Card from American Express full updated reviewTravel rewards as a couple ("two-player mode") Learn more about your ad choices. Visit megaphone.fm/adchoices

The home ownership debate (to rent or to buy?) is heated and – I would argue – frustrating. Today, I'm diving into my REAL beef with the, "Renting is throwing your money away," condescension – in the hopes that young people will learn how to run the numbers instead of relying on conventional wisdom.ARTICLES REFERENCEDWhen the Math Supports Buying Your Primary ResidenceOur Net Worth is More than $500,000 – Here's Why We Choose to RentWhy Your House is a Terrible Investment (JL Collins) Learn more about your ad choices. Visit megaphone.fm/adchoices