Money Rehab with Nicole Lapin

Maye Musk is a model, dietician, and author. But before any of that success, she was 50 years old, newly single, and unable to make rent. Today, Maye joins Nicole to talk about her new memoir, Timeless, and the financial reinvention that came after everything fell apart.

Maye opens up about the financial abuse she experienced in her first marriage, including how her ex-husband removed her signing rights from their joint account and took her savings, and why she still advises women to keep some money of their own, no matter how it might be received. She shares what it was like starting over in a new city with almost nothing, working her way back from a $2,000-a-month apartment she could barely afford, and the confidence it took to build two entirely new careers from scratch in her 50s.

Then, Maye and Nicole get into why she didn't become a full-time model until her 60s, how she reframes aging as an asset instead of something to hide, and the mindset that let her keep saying yes to jobs, rejection, and reinvention well past the age most people consider their prime.

Here's what Nicole covers with Maye:

00:00 Maye's Life Starting Over at 50

02:00 Not Being Able to Pay Rent for the First Time

06:38 Escaping a Financially Abusive Marriage

08:41 Why Maye Advocates for Women Having Their Own Bank Account

11:02 Starting Over With Nothing

21:45 Confidence, Rejection, and Getting to "One Out of 20"

23:04 Becoming a Full-Time Model at 60

26:36 Why Age Became an Asset, Not a Liability

27:11 Having to Stop Her Practice as Her Fame Grew

37:31 Tip You Can Take Straight to the Bank

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Start investing at https://SoFi.com/MNN

Private Wealth Collective:
Nicole's boutique wealth management practice for people who want more than a robo-advisor and less than a hedge fund minimum. Real strategy, real relationship.
https://privatewealthcollective.com

The Money School:
Nicole's $149 investing course that actually breaks down stocks, ETFs, crypto, and building a real portfolio, no jargon, no judgment, lifetime access.
https://themoneyschool.com
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You don't need a Bloomberg terminal, a private jet, or a research team to invest alongside the world's most famous hedge fund managers… you just need to know where to look. Today, Nicole breaks down five real ways everyday investors can piggyback on billionaire money managers like Bill Ackman, David Einhorn, and Warren Buffett, from closed-end funds and copycat ETFs to buying the "tollbooth" instead of the cars driving through it.

Check out Nicole's financial literacy course ⁠The Money School⁠

Find a Financial Advisor or Financial Coach from Nicole's company ⁠Private Wealth Collective⁠

Watch video clips from the pod on ⁠Money Rehab's Instagram⁠ and ⁠Nicole Lapin's Instagram⁠

Here's what Nicole covers today:

00:00 Are You Ready for Some Money Rehab?

00:15 Piggyback on a Billionaire's Portfolio

00:33 Option 1: Buy a Closed-End Fund Like Ackman's PSUS

01:33 Why PSUS Trades at a Discount to NAV0

2:25 Option 2: Buy the Manager, Not the Fund

03:04 Option 3: The Insurance Float Trick (Einhorn's GLRE)

03:45 Option 4: Buy Berkshire Hathaway

04:31 Option 5: Copycat ETFs Like GURU

05:12 Which Option Is Right for You?

05:31 Confusing a Great Investor With a Great Investment

05:54 Tip You Can Take Straight to the Bank

All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.
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Jim Kwik has coached Fortune 500 companies, Oprah, Will Smith, and Richard Branson on how to think faster and remember more. Today, he joins Nicole to explain why your brain, not your bank account, is your greatest wealth building asset.

Jim breaks down what he calls "digital dementia," the MIT study showing what AI is doing to our memory and critical thinking, and why he believes AI will not replace humans so much as reveal them. He also gets into the emotional side of wealth: why purpose beats motivation, how tiny "micro-commitments" trigger the dopamine that actually creates momentum, and why self-image, not goals, determines what we achieve.

Then, Nicole puts Jim's favorite biohacks to the test, and he rates everything from walking and sauna to meditation and TikTok on a scale of 1 to 10. Jim also shares the real story behind a $50 million deal that fell apart because of a forgotten name, his 12-minute morning routine with his toddler, and the writing ritual he started in the hospital the day his daughter was born.

Start investing investing at SoFi.com/MNN

Private Wealth Collective
Nicole's boutique wealth management practice for people who want more than a robo-advisor and less than a hedge fund minimum. Real strategy, real relationship.
https://privatewealthcollective.com

The Money School
Nicole's $149 investing course that actually breaks down stocks, ETFs, crypto, and building a real portfolio, no jargon, no judgment, lifetime access.
https://themoneyschool.com

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Find other exclusive content at—
Instagram: @moneynews
TikTok: @moneynewsnetwork
Website: https://moneynewsnetwork.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

A listener named Lauren DMed Nicole with a simple question: what is she doing to make sure her daughter has more money than she did growing up? Today, Nicole answers in full, walking through the exact accounts, strategies, and tax moves she is using to build wealth for her toddler from day one.

Nicole breaks down the three accounts she opened for her daughter (a 529, a custodial Roth IRA, and a custodial brokerage account), why she gifts directly into the 529 for every holiday, and how she is legally paying her daughter through her business to shift income into a lower tax bracket. Tax strategist Karlton Dennis joins with a clip explaining the rules around paying your kids: what counts as reasonable compensation, how the standard deduction plays into it, and why starting a custodial Roth IRA early can turn a few thousand dollars into over a million by retirement.

Nicole also gets into the life insurance decision every parent needs to make. She explains the real difference between term and whole life insurance, why she chose term for her family, and when whole life actually does make sense.

Start investing investing at SoFi.com/MNN

Private Wealth Collective

Nicole's boutique wealth management practice for people who want more than a robo-advisor and less than a hedge fund minimum. Real strategy, real relationship.

https://privatewealthcollective.com

The Money School

Nicole's $149 investing course that actually breaks down stocks, ETFs, crypto, and building a real portfolio, no jargon, no judgment, lifetime access.

https://themoneyschool.com

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Find other exclusive content at—

Instagram: @moneynews

TikTok: @moneynewsnetwork

Website: https://moneynewsnetwork.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

You know Codie Sanchez as the woman who made buying a laundromat sound cooler than launching a startup. Today, she's back to talk about her new book, Own or Be Owned, and why so many founders are secretly addicted to their own businesses.

Codie explains why being "the hero" of your company is a trap (she compares it to heroin), the 12 owner archetypes she discovered after surveying 15,000 business owners, and why the goal isn't to work harder, it's to become unnecessary.

She also gets real about the parts of founder life nobody talks about: the years she put her personal life on hold chasing a revenue number, the fear of telling her team she was pregnant, and why she now believes "later" almost never actually comes.

Get Codie's book Own or Be Owned

Find boring businesses to buy on BizScout.com

What we cover

00:00 Are You Ready for Some Money Rehab?

01:33 How to Buy a Laundromat: Cost, Margins, and Failure Rates

14:29 The Thesis Behind Own or Be Owned, and the 12 Owner Archetypes

20:40 Why Being "The Hero" Feels Like Heroin

25:03 Founder Mode vs. Owner Mode

31:03 Stepping Away From the Business She Built

39:12 Pregnancy, Business, and Life as a Founder

43:16 How Codie Invests and Manages Her Own Money

46:48 Boring Business Grades: A Through F, and What to Skip in 2026 All investing involves the risk of loss, including loss of principal.

This podcast is for informational purposes only and does not constitute financial, investment, or legal advice.

Always do your own research and consult a licensed financial advisor before making any financial decisions or investments.

Start investing investing at SoFi.com/MNN

Private Wealth Collective
Nicole's boutique wealth management practice for people who want more than a robo-advisor and less than a hedge fund minimum. Real strategy, real relationship.
https://privatewealthcollective.com

The Money School
Nicole's $149 investing course that actually breaks down stocks, ETFs, crypto, and building a real portfolio, no jargon, no judgment, lifetime access.
https://themoneyschool.com

-----------------------
Find other exclusive content at—
Instagram: @moneynews
TikTok: @moneynewsnetwork
Website: https://moneynewsnetwork.com

Learn more about your ad choices. Visit megaphone.fm/adchoices