Katie Gatti Tassin, host of the Money with Katie podcast, delves into 'money dysmorphia,' revealing why many feel broke despite solid finances. She discusses the impact of social and traditional media on our money perceptions. The conversation touches on her conflicted feelings about buying a Porsche, showcasing the judgment personal finance experts face. Katie highlights how the pandemic reshaped financial priorities, urging a balance between saving for the future and enjoying the present.

Katie Gatti Tassin, host of Money with Katie, joins the discussion to unravel the complexities of choosing between Traditional and Roth 401(k) accounts. She shares her insights on future tax rates, emphasizing that high earners might benefit from maxing out traditional accounts. The conversation delves into Social Security uncertainties and the intriguing possibility of future costs decreasing due to AI impacts. Listeners will gain a deeper understanding of strategic retirement planning, particularly for small business owners navigating tax implications.

Stanford psychology professor Jamil Zaki dives into the fascinating world of empathy and its vital role in our professional and personal connections. He argues that empathy is not just an innate trait but a skill that can be cultivated, discussing practical strategies to enhance it in our lives. Zaki examines how digital tools and technologies, including AI and virtual reality, influence empathy today. He also explores how tribalism and broader identities can shape our willingness to connect, making a compelling case for empathy as a driver of business success.

Leslie Zane, a Harvard Business alum and branding expert, shares insights on the art of personal branding for career advancement. She emphasizes that securing promotions often hinges on how you make others feel about you. Zane breaks down key strategies: being salient helps people remember you, staying relevant means focusing on your successes, and being distinctive sets you apart. She uses engaging examples, like a dental hygienist’s personal touch and McDonald's effective storytelling, to illustrate the power of emotional connections in branding.

#539: An anonymous caller feels trapped. She owes $100,000 in back taxes on earnings she had to give up as a result of a lawsuit with her former business partner. What should she do?Saul and his wife want to retire in Mexico but they don’t want to give up the ability to continue investing in US stocks. Can they buy a primary residence that doubles as a short-term rental?Nina and her partner are eager to start a $500,000 renovation on their home but they’re still three years away from saving enough. How can they bridge the gap without risking too much?Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.Enjoy!P.S. Got a question? Leave it at https://affordanything.com/voicemailFor more information, visit the show notes at https://affordanything.com/episode539 Learn more about your ad choices. Visit podcastchoices.com/adchoices

The latest jobs report reveals a surprising drop in job creation, stirring debates about potential interest rate cuts by the Federal Reserve. Warren Buffett celebrates his 94th birthday, proving that age doesn't diminish sharpness in leadership. Also, Selena Gomez joins the billionaire club, with her makeup brand accounting for most of her wealth, showcasing the power of entrepreneurial ventures. Tune in for a mix of economic insights and inspiring success stories!

Joe Saul-Sehy, a personal finance expert, shares his harrowing journey from crippling debt to financial freedom. He recounts a pivotal moment of running out of gas with just 85 cents left, a stark symbol of his struggles. The conversation delves into the importance of mindset shifts, sustainable financial habits, and building financial literacy from a young age. Joe emphasizes the value of mentorship and accountability in overcoming financial ignorance, offering listeners practical insights to navigate their own financial challenges.

Dr. Tessa West, an NYU psychology professor specializing in workplace relationships, dives into the psychology behind job dissatisfaction. She outlines five key feelings that often lead to quitting, like identity crises and being undervalued. West explores how workplace dynamics parallel romantic relationships and stresses the significance of self-reflection in career decisions. She also shares strategies for boosting productivity in distracting environments and addresses the psychological strain of being a perpetual runner-up when it comes to promotions.

Join Melissa, who’s gearing up for her prime earning years, as she explores the transition from DIY investing to using a robo-advisor for automated tax-loss harvesting. Hampton sparks a lively discussion on the generational tax benefits of Roth IRAs, while Joe shares key advice on navigating retirement accounts, especially for those inheriting IRAs. Together, they unpack the intricacies of saving for retirement and the emotional stakes involved in financial decision-making.

David Novak, the co-founder and former CEO of Yum! Brands, shares captivating insights from his impressive career overseeing KFC, Taco Bell, and Pizza Hut. He discusses the high hopes and ultimate failure of Crystal Pepsi, emphasizing the importance of feedback and adaptability. Growing up in 23 states taught him resilience and the ability to assess situations quickly. Novak reflects on his journey from advertising to operations, revealing how leadership is shaped through both successes and setbacks.