Money Rehab with Nicole Lapin

Nicole is joined by journalist and podcast host Nayeema Raza, host of Smart Girl Dumb Questions, for a crossover episode!

This is a shame-free conversation about the money questions we’re all holding in, starting with perhaps the most loaded one of all: should you buy a home?

Nicole breaks down the 5% rule for renting vs. buying, why she personally chose not to buy, and how to strip the emotion out of a decision that's usually anything but. She also answers common questions about debt, HSAs, growing generational wealth and more. Plus, Nayeema and Nicole talk about which expenses are worth going into debt for, and what Mark Cuban told Nayeema about how money can make you feel poorer the wealthier you become.

Listen to Nayeema's podcast Smart Girl, Dumb Questions

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 with Nayeema: 

00:00 Are You Ready for Some Money Rehab? 

01:17 Nicole's Controversial Take on Homeownership 

04:44 The 5% Rule: Rent vs. Buy Math 

08:37 Why Nicole Chose to Rent (And Invest the Difference) 

12:30 How the LA Fires Changed Nicole's Relationship to Home 

17:00 Not All Debt Is Created Equal: Good Debt vs. Bad Debt 

20:02 What Rich People Know About Leverage 

24:03 How Nicole Got Into (and Out of) Credit Card Debt 

25:51 Avalanche vs. Snowball: Which Debt Payoff Method Wins? 

28:09 The Shame Cycle Keeping People Stuck in Debt 

29:18 The Debt Game: What’s Worth It? 

34:35 Investing in Your 20s: Nicole's Biggest Regret 

36:27 Nicole's Daughter's Investment Portfolio 

37:15 HSAs, 401(k)s, and Where to Put Your Money First 

38:39 How Do You Know If You're Rich? 

41:26 Mark Cuban on How Money Can Make You Feel Poorer 

42:34 Nicole's "Dumb" Question 

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.

Olivia Ferney (@travelwithlivii) is the luxury travel agent to the ultra-wealthy, booking private jets, superyachts, and six-figure vacations for some of the richest people on earth. Today, she pulls back the velvet rope on what it's actually like inside that world. If you’re trying to meet a billionaire client or investor, Liv tells you where they’re hanging out.

Liv tells Nicole the most outrageous client requests she's received, why saying "I have no budget" is the biggest red flag a client can send, and what to say to get a hotel upgrade. She also gets real about how working with billionaires has warped her own relationship with money, and the softer lessons she's taken away about what money actually can and can't fix.

Plus: the Instagram-famous destinations she'd never recommend, where billionaires are actually traveling right now, and the shoulder season hack anyone can use to save real money on their next trip.

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

Follow Travel with Livii learn more about Top Tier Travel

Here's what Nicole covers with Olivia: 

00:00 Are You Ready for Some Money Rehab? 

02:15 Selling Her First Company at 21 and Moving to Miami 

04:49 The Travel Agent Business Model 

07:23 Flying Limes From Different Countries and Other Crazy Client Requests 

09:36 What Clients Think About the Viral Videos 

14:00 Are the Stereotypes About “New Money” True? 

20:43 "Rich People F***ing Love a Refund" 

22:44 Do Billionaires Have Budgets? 

25:18 Overrated Destinations, Best Hotels, and Most Expensive Room Service 

28:30 Where Billionaires Are Traveling Right Now 

32:26 How to Get a Free Hotel Upgrade 

39:16 How Working With Billionaires Changes Your Money Mindset 

43:07 Rich and Depressed Is Still Depressed 

45:30 Prenups, Working With Your Partner, and Wedding Plans 

46:49 Liv’s Tip You Can Take Straight to the Bank

Chris Voss spent two decades at the FBI and became the Bureau’s lead kidnapping negotiator. Today he sits down with Nicole to teach you how to leverage the same psychological tactics to get the salary you want. Chris and Nicole break down exactly what to say to get a raise, how to walk into a new job offer and negotiate without burning bridges, and how to get people to want to pay you more.

Chris reveals why finding “common ground” is actually a recipe for resentment, why throwing out a number first can kill a deal, and the three conflict types — fight, flight, and make friends — that explain how almost every deal goes sideways. 

Then Nicole and Chris get into why remote work might be quietly tanking your career, an analysis of President Trump’s negotiation style and The Art of the Deal, plus the two lines of code planted in your head before age five that drive everything you do with money, work, and relationships. Finally, because Nicole had to ask, Chris explains what you should say if you’re ever in a hostage situation.

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

Check out Nicole’s Favorite Chris Voss Book “Never Split the Difference”

Learn More About The Black Swan Method

Here's what Nicole covers with Chris: 

00:00 Are You Ready for Some Money Rehab? 

01:00 Why Splitting the Difference Builds Resentment

03:19 The Myth of “Common Ground”

06:57 Stories From Being the Lead Hostage Negotiator For the FBI 

07:51 How to Get Your Boss to Want to Pay You More 

16:00 The Mistake of Getting Too Personal

18:51 What Should You Say If You’re a Hostage?

19:19 In A Raise Negotiation, Should You Bring Up a Competing Offer?

22:19 Is Body Language Really Important?

27:12 Does Chris Voss Get Nervous While Negotiating?

28:36 Negotiation Role Play and the Script For Getting a Raise

30:31 Should You Throw Out a Number First?

32:25 Don’t Ask “How Can I Help?”

42:15 Negotiating Non-Monetary Perks (Remote Work, Vacation Time, and More)43:06 Chris’ Take on Remote Work: It Makes You a C-Player 

47:31 How to Use Empathy in a Negotiation 

48:00 Why Being Playful Makes You 31% Smarter 

50:20 The Three Conflict Types and Why Deals Die 

59:00 Analyzing Donald Trump’s Negotiation Style

01:08:51 Debunking Negotiation Myths

01:16:00 Rating Deal-Making Cliches 

01:18:13 How To Get Inside Someone’s Head

01:22:38 How Your Upbringing Influences Your Negotiation Skills

01:25:47 Chris Voss's Tip You Can Take Straight to the Bank

Allison Ellsworth built Poppi from a homemade prebiotic soda to a $2 billion brand acquired by Pepsi… but you already know that. Today, Allison talks about what happens afterward, and how to follow-up a successful first act.

Allison opens up about the unexpected grief of letting go of a company that was her identity, and the pressure of building a new company after a successful exit. She also digs into advice for anyone who has a different money mindset than their spouse, and how to find common ground. 

Plus, Allison shares how she’s talking to her three young kids about money and work— and why her kids waving her off with "Have fun, Mom" is her greatest parenting win.

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

Keep up with Allison on Instagram and TikTok

Here's what Nicole covers with Allison: 

00:00 Are You Ready for Some Money Rehab? 

01:10 When the Wire Hit

03:20 What People Get Wrong About "Billionaire" Headlines 

04:15 The $50K Investment That Went Bankrupt Overnight 

05:50 What Skills Transfer From Running a Company to Managing Wealth (And What Don't) 07:30 Running Your Personal Finances Like a Business 

09:00 The Grief Nobody Warns Founders About 

11:05 Separating Your Identity From Your Company 

13:00 Founder-Led Content and What's Coming Next in Brand Building 

15:20 Building the Second Company Differently 

17:40 Self-Funding vs. Taking on Investors 

19:30 The Emotional Payoff of Returning Money to Early Investors 

21:45 Making 44 People Millionaires 

22:00 Lessons From Being a Shark on Shark Tank 23:30 Female Founders, Mom Guilt, and "Spreadsheets in the Bedsheets" 

26:40 Opposite Money Mindsets in a Marriage 

31:30 Why Allison Has No “Fear Gene”

33:30 Raising Kids With Money Values

36:55 How to Talk to Your Kids About Work Without Losing Them 

39:00 Buying Back Time

41:00 Secure the Bag

45:25 Allison Ellsworth's Tip You Can Take Straight to the Bank

Glennda Baker has been a real estate broker for decades, built a massive social media following teaching everyday people how to buy and sell smart, and learned some of the biggest money lessons the hard way…  including a divorce where her ex looked her in the face and called her a "cash cow." Today, she joins Nicole to share what she knows about protecting your wealth, winning in today's housing market, and building real estate into generational wealth.

Glennda gets raw about her own financial trauma: the manipulation she didn't see coming in her marriage, the moment she was evicted to a vacant rental with her son and hit rock bottom, and why she will never get married again. She explains exactly how divorce hits women differently than men, including a hidden math problem most people miss when splitting a house at today's interest rates. Then Nicole and Glennda get into the real estate playbook. 

They fact-check the viral real estate advice flooding your feed, from writing letters to homeowners to get off-market deals, to using a HELOC for a down payment, to buying property through individual LLCs. Glennda also makes her case for why buying a house for your kid beats a 529, why private equity is keeping Bobby and Susie off the property ladder, and the one negotiation move every buyer should make at closing.

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

Follow Glennda on TikTok and Instagram

Here's what Nicole covers with Glennda:

00:00 Are You Ready for Some Money Rehab?

01:21 Glennda's Origin Story

03:33 Should You Put Your Spouse's Name on Your House?

06:22 Prenups, Postnups, and Why Everyone Already Has One

07:03 Why Glennda Will Never Get Married Again

08:11 How Divorce Hits Women Differently

09:29 The Hidden Math Problem When Splitting a House

11:43 Glennda’s Money Trauma

17:09 Buying a House Together: What Needs to Be in Writing

20:19 Trusts vs. Putting the House in Your Kid's Name

24:30 Why Glennda Would Rather Buy a House Than Fund a 529

26:35 Real Estate vs. the Stock Market

28:09 Glennda and Nicole Play TikTok Trend or Truth?

38:13 The $47 Trillion Boomer Equity Problem

40:02 The Starter Home Myth

42:00 What Budget Do You Actually Need?

48:52 How Private Equity Is Locking Out Everyday Buyers

52:43 A Hard Look at Affordability

55:00 The 7 Ds of Real Estate

59:33 Closing Cost Strategy

01:03:03 Glennda Baker's Tip You Can Take Straight to the Bank

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.