A CFP on Outdated Advice, "Jumping" Social Classes, & Why Money Mindset Matters
This week, Certified Financial Planner® Adrianna Adams joins us to answer six questions pulled from last year’s final round of listener submissions. After poring over hundreds, I selected these for how they captured themes that find their way into our inbox frequently.
(00:00) Intro
(03:40) Outdated personal finance advice
(07:53) How health diagnoses could impact your FI plans
(15:57) What grad students can do before earning consistent income
(19:18) I'm underpaid but enjoy my work—what should I do?
(30:51) How do I straddle two rungs of the class ladder after an inheritance?
(36:25) I'm envious of my friends' more stable paths as an entrepreneur—should I be?
Transcripts, show notes, resources, and credits will be available within a week at: https://moneywithkatie.com/cfp-answers.
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Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
Get your copy of Rich Girl Nation: https://moneywithkatie.com/rich-girl-nation
Learn more about your ad choices. Visit megaphone.fm/adchoices
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51:28
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51:28
On Worthwhile Side Hustles, Financial Tradeoffs, & Frustration with American Politicians
In today’s Rich Girl Roundup, we’re discussing a wide range of alternately nerdy and controversial (sometimes both) topics:
🩹 The role of insurance around the fear of impending doom
🏃 When side hustles are worthwhile
🧮 How to calculate opportunity costs when you have both savings and loans as options on the table
🤑 The theoretically rigorous case for wealth taxes
👀 Where the current economic discussion about Trump’s immigration policies is self-defeating
⚖️ Why my perspective on state-run universal services has become complicated by the last six months
…and more, including a temporary and especially thrilling new segment called “Airing Your Grievances.”
Transcripts, show notes, resources, and credits will be available within a week at: http://moneywithkatie.com/side-hustles-tradeoffs.
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Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
Get your copy of Rich Girl Nation: https://moneywithkatie.com/rich-girl-nation
Learn more about your ad choices. Visit megaphone.fm/adchoices
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1:36:52
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1:36:52
How Other Countries Used Their Darkest Hour to Radically Reform Their Economies
Why don’t things in the US feel like they work the way that they should? Why does life feel so much harder than it would need to be, between exorbitant costs of housing, draining healthcare expenses, and inequitable access to education?
But the problems that plague us aren’t unsolvable, and in fact, other places have solved them with tactics that are within reach. So this episode, featuring the author of Another World is Possible, Natasha Hakimi Zapata, is all about solutions and hope.
Transcripts, show notes, resources, and credits will be available within a week at: https://moneywithkatie.com/another-world-is-possible.
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Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
Get your copy of Rich Girl Nation: https://moneywithkatie.com/rich-girl-nation
Learn more about your ad choices. Visit megaphone.fm/adchoices
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1:17:53
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1:17:53
The Powerful 0.01% Spending Rule, Making Career Shifts, & When to Adjust Your Asset Allocation
In today’s episode with fellow money nerd, Nick Maggiulli, author of The Wealth Ladder and writer of Of Dollars & Data:
🫐 Why you might be spending too much time agonizing over small consumption choices
🤔 How to approach a risky career shift when you’ve already built financial momentum
📈 What the largest risks and opportunities are once you’ve eclipsed the $100,000 net worth mark—and how they shift after you pass the $1 million threshold
You’ll walk away with at least two handy new tricks for quickly gut-checking your spending and income opportunities.
Transcripts, show notes, resources, and credits can be found at: http://moneywithkatie.com/wealth-ladder.
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Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
Get your copy of Rich Girl Nation: https://moneywithkatie.com/rich-girl-nation
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Understanding the Big Beautiful Bill's Repercussions, with the Highest Ranking Woman in Congress
Amid the heat of recent legislative chaos, I got the opportunity to briefly sit down with the House Democratic Whip, Representative Katherine Clark, to ask what your average American can anticipate over the coming years—from the downstream effects of Medicaid cuts on rural and low-income communities, to the fourfold expansion of the ICE budget.
Transcripts, show notes, resources, and credits can be found at: https://moneywithkatie.com/big-beautiful-bill.
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Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
Get your copy of Rich Girl Nation: https://moneywithkatie.com/rich-girl-nation
Learn more about your ad choices. Visit megaphone.fm/adchoices
Finance bros are out, #RichGirls are in. Join Money with Katie and her guests for conversations about where the economic, cultural, and political meet the practical personal finance education that everyone needs. Listen weekly on Wednesdays.
Ireland