The Money with Katie Show

Discover how transformative reads in finance and politics are reshaping perspectives in 2024. Delve into impactful books like 'Evicted' and 'Doppelganger,' which explore housing insecurity and disaster capitalism. Examine how literature influences socio-political understanding, discussing topics like healthcare disillusionment through works such as 'Sisters in Hate.' Reflect on critiques of conventional work ethics from 'Bullshit Jobs' and 'Winners Take All,' and navigate the complexities of disability insurance claims with both serious insights and light-hearted banter.

Dive into the intricacies of creating a personalized financial independence timeline using innovative planning tools. Discover how temporary expenses, like childcare, and future income sources can reshape your projections. Learn about key assumptions that drive financial planning, including withdrawal rates and inflation's impact. The speaker shares their own journey to financial independence and offers valuable insights on optimizing retirement income. Plus, get insider tips on the latest planning tool to enhance your financial strategy!

Explore the intriguing dilemma of whether to rent or buy a home, especially with parental financial aid for a down payment. Discover the potential long-term gains of homeownership versus renting while managing family dynamics. Delve into the shift in real estate broker compensation that could impact buyers and the importance of strong negotiation skills. Plus, enjoy lighthearted anecdotes about sidewalk etiquette that spark deeper discussions on personal finance recognition.

Katie Song, a fee-only CFP, shares her expertise on the critical need for disability insurance, especially for high earners. She recounts Lacy's shocking experience with sudden hearing loss, illustrating how insurance can be a lifesaver in unexpected crises. The discussion emphasizes the importance of understanding policy nuances like the 'own occupation' clause, while also addressing the inadequacies of employer-sponsored insurance. Katie urges listeners to secure adequate coverage, demystifying complex insurance decisions to safeguard their financial futures.

Explore the financial landscape for unmarried couples navigating shared responsibilities, especially when starting a family. Discover the crucial roles of cohabitation agreements and powers of attorney for legal protection. Dive into budgeting strategies and the differences in financial stability compared to married couples. Engaging personal stories reveal how lawn care can serve as a quirky retreat from daily stress. It's a light-hearted yet insightful discussion on modern money management and partnership!

In this engaging talk, therapist Clay Cockrell, who specializes in ultra high-net-worth individuals, dives into the surprising connection between higher income and increased financial anxiety. He reveals how societal pressures and expectations can overshadow true contentment. The discussion touches on the emotional challenges that accompany wealth, suggesting that more money doesn't always mean more happiness. Cockrell emphasizes the importance of reevaluating one's relationship with money and finding fulfillment beyond financial status.

The hosts dive into leveraging job offers as a tool for salary negotiation, emphasizing the importance of illustrating market value. They share personal anecdotes that highlight negotiation complexities and the effects of gender biases. Beyond just salary, they discuss factors like work-life balance and personal fulfillment when evaluating job offers. The conversation takes a critical turn as they explore power dynamics in workplaces, shedding light on corporate ethics and the stark contrasts in wealth among employees and executives.

In this engaging discussion, Grace Blakeley, an economics commentator and author of "Vulture Capitalism," challenges the traditional narratives surrounding capitalism. She delves into the intertwining of corporate power and government influence, revealing how true meritocracy often falters. Grace critiques disaster capitalism, illuminating how crises are manipulated to exacerbate inequality. The conversation also covers the implications of unchecked corporate profits on inflation and debates the merits of universal basic income versus essential services, advocating for a more equitable economic framework.

Couples face unique challenges when one partner wants to retire early. The discussion emphasizes the importance of open communication and professional guidance in navigating finances. Tax implications, especially regarding Social Security and deductions, are explored in depth. The hosts share personal stories about tackling healthcare billing issues and negotiating costs. Practical strategies for managing finances as retirement timelines differ are highlighted, empowering couples to find balance and optimize their financial futures.

See why we’ve been named one of the top personal finance podcasts by US News and have nearly 10 million downloads, and check out The Money with Katie Show wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices