The Money with Katie Show

This podcast explores why poverty persists in the US despite its wealth. It discusses the prevalence of low-wage work, the complex relationship between poverty and public welfare spending, and how exploitation perpetuates poverty. The podcast also examines societal misconceptions about poverty and the impact of poverty on American prosperity.

An Austrian heiress made headlines when she announced she would let 50 strangers decide what to do with $27M USD of her inheritance. Katie and Henah discuss the potential impact of this kind of social experiment, how the lack of inheritance and estate taxes disproportionately support inequality, and why "generational stability" might be worth striving for more than "generational wealth."Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.Transcript, show resources, production credits and more can be found at: https://moneywithkatie.com/austrian-heiress-experiment Learn more about your ad choices. Visit megaphone.fm/adchoices

Investigative journalist Max Marshall discusses the multimillion-dollar fraternity drug ring scandal at the College of Charleston, covering power, privilege, and the lack of consequences. Topics include the power and influence of fraternities, the prevalence of Xanax as a party drug, the origins and exclusivity of Greek life, and exploring themes of privilege and entitlement within these organizations.

In this episode, Katie and Henah are joined by Tim Steffen, CPA & CFP of Baird Wealth, to discuss tax write-offs for businesses, the benefits of forming an LLC, and the differences between sole proprietor and S-Corp tax statuses. They also explore income decisions, investing for financial growth, tax deductions for using a personal vehicle for business purposes, and compare the advantages of a solo 401k and a SEP IRA for self-employed individuals.

Katie and Tara discuss strategies for getting unstuck in business. They explore the concept of pivoting and the challenges of endurance. They share empowering songs that boost confidence. Fashion as defense mechanism. Case study of Applebees' menu reintroductions. Importance of flexibility and adaptability in entrepreneurship. Embracing change in career chapters.

This podcast challenges the idea that high interest rates are the main problem in the housing market, discussing the history and impact of interest rates on housing affordability. It also explores the advantages of renting versus buying a home in the current market and highlights the abnormal housing price movements.

Tim Steffen, a CFA, CFP, and CPWA at Baird Wealth, joins the Rich Girl Roundtable to discuss tax deductions for non-business owners. Topics include strategic spending, tax implications of medical expenses and childcare, deductions for remote employees, and the difference between filing taxes jointly and separately for married couples.

This podcast explores the significance of negotiation in improving lifetime earnings and retirement years. It discusses the challenges faced by women in negotiations and effective strategies to eliminate backlash. The chapter highlights the importance of taking a holistic approach to negotiation and explores various areas where individuals can negotiate for more value. It also explores different strategies for negotiations, including success stories of women who achieved significant results. Additionally, it provides insights on negotiating a house purchase using strategies like researching the sellers and understanding their priorities.

The podcast discusses tips for planning group travel on a budget, including strategies for controlling expenses and reallocating the travel budget. They also explore the challenges of organizing group trips, hidden costs of international travel, and the trade-off between finances and fun.

Explore the finances of Rich Girl Nation and surprising findings, including high incomes and career growth. Discover US income statistics and retirement contributions, as well as savings habits and overcoming financial challenges after losing a loved one.