Almost 30 Ep. 129 - How to Become a Rich Bitch: The Language of Money, Dealing with Debt + Negotiating Everything with Nicole Lapin
Jul 10, 2018
Nicole Lapin, a NYT bestselling author known for her financial books, dives into how women can gain power through money. She shares her evolving money mindset and the importance of financial literacy. Listeners will discover what it means to negotiate everything, including credit card interest rates and debt. Nicole discusses the wisdom of renting versus buying a home and the significance of having difficult money conversations in relationships. With humor, she also tackles the realities of side hustles and managing multiple income streams.
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Side Hustle to Main Gig
- Don't quit your job hastily; explore ways to integrate your passions into your current role.
- Build up 6-12 months of savings before leaving a job for a side hustle.
Challenging Financial Norms
- Rethink conventional financial advice like "don't buy a latte, buy a house."
- Allow small indulgences to avoid overspending later; renting can be smarter than buying.
Renting vs. Buying Revisited
- Homeownership isn't always a good investment, especially for young families.
- Investing and maintaining liquidity can be more beneficial than tying up money in a house.