Other People's Pockets

Isabel Barrow and Jean Chatzky discuss the significance of financial planning and the role of professional advice. They explore the services of Edelman Financial Engines, finding a holistic financial planner, and setting personal financial goals. They also touch on mortgages, retirement planning, maximizing returns with target date funds, and financial advice for your 20s.

It's hard to believe it, but this is the 35th episode of Other People's Pockets, which means it's the end of our first season! For this special episode, we reached out to some of our past guests for a "Look Back" -- an update on their financial situations & viewpoints. Cord Jefferson stopped earning money for a while and didn't know when more would come. Carmen González is learning how to apply for credit cards now that she's a U.S. citizen. Laura Lyster-Mensch decided she had been too cagey about her money on this show and now wants to reveal all. And more!Follow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

Building credit. Being on your parent's cell phone plan. Learning to drive. There are many financial benefits to having a relationship with your family of origin. Today's guest, Jessica, has experienced what it’s like to not have those advantages. Jessica severed ties with her biological parents due to emotional abuse she experienced from them throughout her life. Jessica has built a strong network of friends — her chosen family — who contribute money when she needs a security deposit and give her rides to appointments. She explains how personal finance looks different when you have an alternative definition of family, and how she has a new outlook on asking for help and taking on debt.Follow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

How does a love of extreme weather translate into making money? Raychel Sanner is a storm chaser and co-founder of Tornado Titans, a media brand by self-described “weather nuts” who capture images of supercells, monsoons, blizzards and more. As a Choctaw trans woman born and raised in Oklahoma, Raychel is transforming the image of storm chasing away from being dominated by straight, white cis-men. Raychel chats about the income she gets from her day job, whether she could do storm-chasing full-time, and what money conversations look like with her wife.Follow Raychel at:Instagram: @raychelsanner@tornadotitansX: @raychelsnrFacebook: @raychelsannerraychelsanner.comFollow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

Ismatu Gwendolyn is a mental health professional and life coach who is trying to rethink how we care for those in need. Ismatu has navigated sex work in order to afford life and graduate school, and they discovered that as a stripper, talking to men in a club was not so different than counseling a client as a therapist. Ismatu let us have a peek inside their personal finances to find out how this all comes together.Follow Ismatu:TikTok: @ismatu.gwendolyn Instagram: @ismatu.gwendolynFollow Maya Lau at:X: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

It's time for another Pocket Dial! That's where we pause to reflect on the money themes coming up on Other People's Pockets. Jared Ball is a professor of Communications and Africana Studies at Morgan State University in Baltimore and the author of "The Myth and Propaganda of Black Buying Power." He helps unpack the lies around "passion work" and why it feels like you have to be out for yourself when it comes to finances.Follow Jared at:Instagram: @imixwhatilikeX: @imixwhatilikeFollow Maya Lau at:X: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

What is this whole "financial-freedom-through-real-estate-investing" thing people are doing, and is it real? Maya interviews Deandra McDonald, a real estate investor and influencer with 320k+ followers on her TikTok, @simplerealestate. Deandra says she became financially free at 28 after five years of house-hacking (buy a property, rent part of it, live in the other part, and have your tenant pay your mortgage!). Deandra only found her path after several life choices went wrong for her in her early twenties. Now she uses her experience (and fun personality) to teach others her real estate ways. Follow Deandra:TikTok: @simplerealestateInstagram: @deandramcdonaldhttps://www.deandramcdonald.com/Follow Maya Lau at:X: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

Have you ever thought about how money feels in your body? Or how sticking with a budget might start with healing your money wounds first? Today Maya interviews Bari Tessler, a financial therapist and author of "The Art of Money: A Life-Changing Guide to Financial Happiness." Bari explores what it feels like to even hear the truth about other people's money stories, and how to navigate our own.Follow Bari Tessler at:baritessler.comInstagram: @baritesslerX: @baritesslerFollow Maya Lau at:X: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

Today Maya interviews a couple we're calling D+A, because they wanted anonymity so they could discuss their finances openly. D+A are in love, engaged and have been living together for about a decade, but financially it's as if they're just roommates. Separate bank accounts. Separate credit cards. One of them will ask the other to Venmo them $7 after a Target run. Why? Maya digs into their money pasts and fears and gets them to fact-check each other in real time.Follow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.

Kyle Coon is a blind Paralympian triathlete on Team USA. Kyle was diagnosed with eye cancer at 10 months old and had his eyes removed at age 6. His blindness didn’t stop him from becoming a competitive rock climber, downhill skier, runner and triathlete. He revealed how personal finance is different as a blind person, and what it means to rest almost all your financial hopes on winning a medal in the Paralympic Games in Paris 2024. Follow Kyle:Instagram: @eyeronkyleFollow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.