rich & REGULAR with Kiersten and Julien Saunders

We’re all told to seek out promotions, but when was the last time you calculated the costs of doing business at a higher level?  In this episode, Julien and Kiersten Saunders (@richandregular) dive into what comes with a big promotion and how to pursue one, while also preparing for it.  We cover:  The difference between promotions and standard cost of living increases Practical tips for negotiating and realizing your total compensation What an adjacent skill is and why they’re important How promotions can be a catalyst for lifestyle inflation Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers This episode is sponsored by BELAY. Text the word SUCCESS to 55123 for your free download from BELAY or visit belaysolutions.com/successSee omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

How much wisdom is in the old saying, “plan for the worst, but hope for best”? In this episode, Julien and Kiersten Saunders (@richandregular) argue against our cultural staple of indefinite optimism. There is now enough data to suggest that most working-age American’s financial forecast should include plans for a sudden job loss or significant disruption income. Nobody likes to imagine the worst case scenario, but it may be the key to building financial resilience.  We cover:  Income volatility and the probability working-age American’s income is likely to be disrupted The most vulnerable demographic groups for wage stagnation  What the ‘Two Income Trap’ is  How to practice pessimism in the short-term and the long-term  Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers This episode is sponsored by BELAY. Text the word SUCCESS to 55123 for your free download from BELAY or visit belaysolutions.com/successSee omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) discuss the costs of being a hobbyist. “Expensive” is a relative term, but some hobbies are more costly than others. What impact do your hobbies have on your financial plan?  In this episode, we talk about:  The connection between hobbies and identity  How to squeeze some cash flow out of a depreciating asset  How to handle “sneaky” hobbies that impact multiple budget categories Ways to bring down the cost of being a foodie  Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers This episode is sponsored by BELAY. Text the word SUCCESS to 55123 for your free download from BELAY or visit belaysolutions.com/successSee omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) discuss the interpersonal conflict that comes with tackling a meaningful financial goal. In fact, conflict is usually a key theme in most financial advice. The harsh truth is while your self-esteem can take a hit when the people closest to you don’t support your financial decisions, it’s not a reason to stop.  In this episode, we discuss:  Conflict with others being the hardest part of wealth-building  What can happen when your financial plan is at odds with your social agenda How a fear of moving away from home can affect your financial trajectory How the experience of managing conflict evolves over time and across your financial journey  Full show notes and resources can be found here: www.richandregular.com/listen Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achieversSee omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) explore the healthy and unhealthy ways people compete in relationships -- and not just the romantic ones! Whether it’s a desire to ‘out-gift’ your partner, or a race to ‘out-earn’ your colleagues, competition in relationships can have both positive and negative effects on your financial goals.  In this episode, we discuss:  Ways competition might show up in relationships A study that suggests friendly competition is a way to “spice things up” The social shifts in becoming a breadwinner and the pressures associated with being one How to manage a competitive spirit without ruining relationships Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers  See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) discuss three life-changing events: becoming a parent, divorce and death. What do they all have in common? They can be very, very expensive. And ironically as common as these experiences are, they are some of the least talked about topics.  In this episode, we discuss:  How to financially prepare for a child/new family member  Some best practices/resources for handling a large medical bill   Solid financial routines for married couples that may mitigate messy divorce proceedings  Estate planning and ways you can financially prepare for the inevitable.  Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) are discussing their personal experience of moving their mom out of Senior housing and taking on the role of financially supporting a parent. Caring for elders and children at the same time isn’t a new concept, but a recent report suggests that modern caregivers are younger and more ethnically diverse and newer to caregiving as a whole. Millennials and Gen X’ers are feeling the squeeze.  We don’t have any magic solutions, but in this week’s episode, we share:  How Julien’s upbringing and cultural norms impacted his financial planning  What led us to step in and provide financial assistance  What it means to be part of the “sandwich generation” Our favorite resources on navigating difficult money conversations with parents Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) explore the multi-billion dollar business of selling points. Today, most credit card issuers offer consumers points as an incentive to spend more. These points can be used to reduce or even eliminate costs of something you’ve got your eye on….but is it worth it?  In this episode, we cover:  What “points hacking” is and the pros and cons of gamifying your spending Whether rewards points are a reasonable way to lower your expenses The unique relationship between airlines and loyalty programs  How to convert the value of any rewards currency to dollars Full show notes and resources can be found here: www.richandregular.com/listen  Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers  See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Julien and Kiersten Saunders (@richandregular) ask an important question: is homeownership a luxury?   The real estate industry is booming right now, but what does it mean for buyers? In this episode, we’re discussing recent trends in the real estate market and whether owning a home should be considered a luxury purchase. We cover:  What it means for a home to be affordable based on a recent survey Affordability trends in the US  The connection between homeownership and the American Dream The new route to homeownership for the Middle Class  Full show notes and resources can be found here: www.richandregular.com/listen  A playback of our April 22 Webinar on Income can be found here: https://richandregular.com/AprilReplay Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers  See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Finance is a big topic. We have a whole podcast on it! With all of the many terms, concepts and strategies, it can be daunting to start the journey to mastering good financial practices. Julien and Kiersten talk about their own journeys on the topic and offer some advice for the best ways to start out.   Resources: GameStop's Wild Stock Ride Exposed Our Country's Financial Illiteracy - https://www.lx.com/money/lx-natl-gamestops-wild-stock-ride-exposed-our-countrys-financial-illiteracy/32215/ For most U.S. workers, real wages have barely budged in decades - https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ I Will Teach You To Be Rich by Ramit Sethi - https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489 Rich Dad Poor Dad by Robert T. Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680178/ref=sr_1_1?dchild=1&keywords=rich+dad+poor+dad&qid=1617281538&s=books&sr=1-1 The Wall Street Journal Complete Money and Investing Guidebook - https://www.amazon.com/Journal-Complete-Investing-Guidebook-Guidebooks-ebook/dp/B000S1LEQ0/ref=sr_1_1?dchild=1&keywords=The+Wall+Street+Journal+Complete+Money+and+Investing+Guidebook&qid=1617281706&s=books&sr=1-1 Standard and Poors Survey on Financial Literacy - https://www.kiplinger.com/article/retirement/t047-c032-s014-most-think-they-know-more-about-money-than-they-do.html Join the SUCCESS Achievers community today for access to courses and like-minded people - https://achievers.success.com/See omnystudio.com/listener for privacy information. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow