Money Rehab with Nicole Lapin

Originally aired 6.21.22With scams on the rise, it’s more important than ever to protect yourself— and to know how to recover financially if you do fall victim to a scam. In Money Rehab episodes 329 and 330, Nicole talks to Rebecca, who lost over $100,000 in a romance scam. Rebecca shares the mechanics of her scam, and the financial and emotional toll. If you are involved in a romance scam, you can find help here: https://www.facebook.com/SHUisteamwork/ If you or someone you know is experiencing thoughts of suicide, you can find resources here: https://suicidepreventionlifeline.org/ 

Originally aired 6/20/22The incidence of catfishing, also known as romance scamming, has dramatically increased over the course of the pandemic. The FBI stated that there were over one billion dollars lost in romance scams last year, and reports of romance fraud reported to the Federal Trade Commission rose a whopping 80%.With scams on the rise, it’s more important than ever to protect yourself— and to know how to recover financially if you do fall victim to a scam. In Money Rehab episodes 329 and 330, Nicole talks to Rebecca, who lost over $100,000 in a romance scam. Rebecca shares the mechanics of her scam, and the financial and emotional toll. If you are involved in a romance scam, you can find help here: https://www.facebook.com/SHUisteamwork/ If you or someone you know is experiencing thoughts of suicide, you can find resources here: https://suicidepreventionlifeline.org/ 

This is an inflection point for investors. Treasury yields were looking amazing, and now some famed investors are casting shade. Stocks, on the other hands, were not doing so hot but now pros are saying we’re in a bull market. And many investing experts had told us they were expecting a recession, and now they… aren’t. To pick apart these opposing takes, Nicole calls up Gary Kaminsky, former Vice Chairman of Morgan Stanley Global Wealth Management, and investing expert. So, let’s untangle the economy, shall we?

Today, Nicole unpacks the headlines this week that will affect your wallet. Up today: the hacking of Mt. Gox.

It is not easy to build up retirement savings. And if you're feeling that stress, you’re not alone. Last year, a survey found that 55% of Americans say they feel behind on saving for retirement. That's how today's listener Andy feels. Nicole gives three tips for kickstarting your financial future.Money Rehab Episodes Referenced in This Episode:Target Date Funds: https://link.chtbl.com/A-R_jRxt Back Door Roth IRA: https://link.chtbl.com/OmdfFe0G Robo-Advisors: https://link.chtbl.com/ZFGnL-aO Find out whether you’re eligible for a Roth IRA here: https://www.irs.gov/retirement-plans/amount-of-roth-ira-contributions-that-you-can-make-for-2023

Originally aired 2.7.22Today Nicole shares how to make some serious dough from the beautiful force of dividends. Tune in to get your $!

Originally aired 9.10.21Today’s Money Rehabber Kevin wants to provide for his family. But he’s struggled to make a budget because his income relies mostly on inconsistent tips from delivering pizza and sporadic commission from real estate gigs. In Kevin’s Listener Intervention, Nicole creates a budget that will stick.

Originally aired 3.21.21Fashion mogul and denim maven Paige Adams-Gellar (yes, the creator of PAIGE jeans) discuss how she built her business by trusting her gut, literally working through trauma, and the power of asking for help.

Because personal finance isn’t taught in school, when it comes to money, we turn to the source for all of our answers to the questions that don’t get discussed in the classroom: our parents. This has been on Money Rehabber Reyna’s mind. Today, Nicole invites her on the show to give her advice on raising money-minded kids.PS: you too can get your answer questioned on Money Rehab— and we can keep you anonymous, if that's your jam! Send us your burning questions here: https://forms.gle/A4DEc52uYCxRUk6C9Here's the book Reyna is lovin': https://nicolelapin.com/product/miss-independent/

We'll be honest, we have some bad news: gas prices are going to jump in July. Nicole explains the change, and how— despite the price hikes— you can save at the pump.