Jill on Money with Jill Schlesinger

You guys always hear me talking about how it's crucial to have an adequate emergency reserve for those unforeseen things that just seem to pop up. But where should it be kept? Is it okay to invest it? That's the discussion with Andrew from Atlanta on the latest episode. Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Who's a better financial planner, a man or a woman? That was the gist of the story when today’s guest, Blair duQuesnay, penned an op-ed in the New York Times.I’m guessing she didn’t think it would go viral. Welp, it did. Consider Firing Your Male Broker took off like gangbusters with reaction coming down on both sides of the aisle. What follows is from Blair’s blog, The Belle Curve, and it explains why exactly there was so much reaction: Some criticized the use of the term broker, which applies only to registered representatives of brokerage firms, commissioned sales agents. Those of us who work for independent RIA firms are advisers who adhere to a fiduciary standard. That is a different and equally important topic for an NYT op-ed. Maybe they will let me write it. Bottom line, the investing public uses the words broker/advisor/adviser interchangeably. They do not know the difference, and the article met them where they are.Other criticism revolved around the use of research on investment performance to justify the argument. In my mind, the research was not central to the thesis there should be more women advisors. Barber and Odean found that among individual investors, women outperformed men because the traded less often and incurred less trading costs. That information is fascinating and led to additional work on the affect of overconfidence on investment performance. It is not the sole basis of my argument, merely additional ammunition.Less than 20% of financial advisors are women, a statistic that has not changed in the 15 years I have been here. It’s about time for more.Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

The latest bonus episode calls for a bit a shameless self-promotion :)If you agonize about money, you're not alone. Almost seven out of 10 Americans said finances are a "significant" source of stress in a recent survey. My very first book, “The Dumb Things Smart People Do with Their Money,” may provide some solutions. I joined CBS This Morning to discuss some of the ways people can right their financial wrongs. Here's the clip. Have a money question? Email us here.We love feedback so please subscribe and leave us a rating or review in Apple Podcasts!Connect with me at these places for all my content:https://twitter.com/jillonmoneyhttps://www.facebook.com/JillonMoneyhttps://www.instagram.com/jillonmoney/https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-... https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

It’s February, time for a bonus episode on how to talk to your special someone(s) about money. That “s” is intentional, because we need to expand our financial conversations from our partner/spouse to all of our loved ones: the romantic ones, the kids and the parents.To help us navigate the process, we're joined by Benjamin Seaman, an active member of the New York City therapeutic clinical community. We touched on a variety of topics, including:Talking to a spouse/partner:You know that stress about money causes a lot of relationship issues. The conflicts usually occur because each of you arrived into adulthood with a different relationship with money. When I conducted research for my book, The Dumb Things Smart People Do with Their Money, I found that your family of origin shapes these feelings and habits, for the good and the bad. Keep that in mind as you talk to your partner about money and know that he or she may come from a dissimilar circumstance and also may be hardwired differently about finances.According to Seaman, before you start any dialogue about money, “you need to check yourself. Ask whether this conversation will bring you together or not.” If you are using it as an excuse to launch an interrogation, stop in your tracks because that is not going to serve anyone well.Talking to kids:In my book, I noted, “How you behave around money with your kids matters,” because you run the risk of saddling your kids with your own money issues.” And the conversations have to start early, because according to research from Cambridge University, money habits start to form by age 7. To help educate your kids, be careful to strike a balance between educating them so they can take responsibility for money but not overdoing it and conveying too much of a focus on money. Talking to aging parents:This is a tough one, because it requires that you balance being a responsible adult child without prying. Ideally, this is an ongoing conversation that begins when your folks are considering retirement and while they are still healthy. Seaman suggests breaking the ice by saying something like, “This is such a hard topic and it really scares me, which is why I have avoided it. But I want to make sure we are on the same page when it comes to your wishes.”Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Digital minimalists are all around us. They're the calm, happy people who can hold long conversations without furtive glances at their phones. They can get lost in a good book, a woodworking project, or a leisurely morning run. They can have fun with friends and family without the obsessive urge to document the experience. They stay informed about the news of the day, but don't feel overwhelmed by it. They don't experience "fear of missing out" because they already know which activities provide them meaning and satisfaction.Man oh man, that is music to my ears! That’s why I’m so excited about our latest guest, Cal Newport, with us to talk about his latest book, Digital Minimalism: Choosing a Focused Life in a Noisy World.Now, Newport gives us a name for this quiet movement, and makes a persuasive case for its urgency in our tech-saturated world. Common sense tips, like turning off notifications, or occasional rituals like observing a digital sabbath, don't go far enough in helping us take back control of our technological lives, and attempts to unplug completely are complicated by the demands of family, friends and work. What we need instead is a thoughtful method to decide what tools to use, for what purposes, and under what conditions.Drawing on a diverse array of real-life examples, from Amish farmers to harried parents to Silicon Valley programmers, Newport identifies the common practices of digital minimalists and the ideas that underpin them. He shows how digital minimalists are rethinking their relationship to social media, rediscovering the pleasures of the offline world, and reconnecting with their inner selves through regular periods of solitude. Technology is intrinsically neither good nor bad. The key is using it to support your goals and values, rather than letting it use you. This book shows the way.Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

What initially started as a call about buying a new car quickly turned into a financial planning game plan session with Katrina from Colorado. Do you have your game plan in place? If not, get in touch! Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Money is unlimited. Time is not. Become financially independent as fast as possible.In 2010, 24-year old Grant Sabatier woke up to find he had $2.26 in his bank account. Five years later, he had a net worth of over $1.25 million, and was known as "the Millennial Millionaire." By age 30, he had reached financial independence. Along the way he uncovered that most of the accepted wisdom about money, work, and retirement is either incorrect, incomplete, or so old-school it's obsolete.On the show to discuss his brand new book, Financial Freedom: A Proven Path to All the Money You Will Ever Need, Sabatier delivers a step-by-step path to make more money in less time, so you have more time for the things you love. The book challenges the accepted narrative of spending decades working a traditional 9 to 5 job, pinching pennies, and finally earning the right to retirement at age 65, and instead offers readers an alternative: forget everything you've ever learned about money so that you can actually live the life you want.Financial Freedom is not merely a laundry list of advice to follow to get rich quick, it's a practical roadmap to living life on one's own terms, as soon as possible.Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

When does it make sense to sell an asset to accelerate the student loan pay down process? What if you have a rental property out there while you're still trying to pay off some significant loans. Should you sell the house and wipe out the loans?  That's the discussion on the latest call with Stephen. Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

When it comes to the world of social media, I guess you could say that I see it as a necessary evil. While I do see the value in it, by no means have I perfected it. That said, there are people who dominate the social media landscape. They’re known as “influencers.” Today on the show we have one of the original influencers, Cynthia Johnson. With nearly two million Twitter followers, Johnson has become known as the go-to expert on all things branding when it comes to the various social media platforms. Hence the name of her newly released book, Platform: The Art and Science of Personal Branding. Platform is the why-to, how-to handbook for everyone who wants to develop and manage a personal brand. In Platform, Johnson explains the process of going from unknown to influencer by achieving personal proof, social proof, recognition, and association. Johnson herself went from an on-staff social media manager to social media influencer, entrepreneur, and marketing thought-leader in just three years using her process of accelerated brand development, continuous brand management, and strategic growth. If you’ve ever wondered how your favorite influencers found their voices and built their audiences, you will find the answers here and discover that the process is technical, creative, tactical, and much easier than they might have expected.Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

On the latest bonus call we've got Jeff from North Carolina who is looking to wind things down over the next 3-5 years. Considering they're in their mid 50s, are he and his wife in good shape or should they call an audible? Have a money question? Email me here.We love feedback so please leave us a rating or review in Apple Podcasts."Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.Connect with me at these places for all my content:http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices