Money Rehab with Nicole Lapin

My latest book, The Money School: The Complete Financial Education You Were Never Given, the financial curriculum that should have been taught in school but never was. From your first paycheck to investing, buying a home, building wealth, and planning your legacy, The Money School is the full course in plain English. Go check it out: https://nicolelapin.com/money-school-book

Dr. Shefali is the psychologist behind the conscious parenting movement -the idea that you can’t raise healthy kids without looking at your own crap first. And she is the author of two new books, Raising Conscious Sons and Raising Conscious Daughters, https://www.drshefali.com/raisingconscious-daughters-sons/

Today she joins money rehab to teach us how to raise healthy kids mentally and financially.

In this episode, you’ll learn

the impact the idea that “good girls don’t talk about money” is having on our daughters

the importance of how you talk about finances around your kid

and how to make sure your kids are resilient with money

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MORE FROM NICOLE LAPIN

🎥 Youtube: https://www.youtube.com/@MoneyRehabShow

📸 Instagram: https://www.instagram.com/moneyrehab/

📽️ TikTok: https://www.tiktok.com/@nicolelapin

🌐 Nicole's website: https://nicolelapin.com

OTHER THINGS WE DO

💳 SoFi: https://SoFi.com/MNN

💰 Private Wealth Collective: https://privatewealthcollective.com

🏦 The Money School: https://themoneyschool.com
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The Money School: The Complete Financial Education You Were Never Given

My comprehensive book yet, the financial curriculum that should have been taught in school but never was. From your first paycheck to investing, buying a home, building wealth, and planning your legacy, The Money School is the full course in plain English.

Go check it out: https://nicolelapin.com/money-school-book

I'm going to sound an alarm today about the least sexy topic in finance: the bond market. Stick with me, because this one lands directly in your wallet. Over the past few weeks, investors have been dumping U.S. government bonds, and the 10-year Treasury yield just hit its highest level in years. That one number is quietly driving up your mortgage rate, your car loan, and your credit card, whether you ever buy a bond or not.

I break down what a bond actually is (spoiler: it's just an IOU), the biggest myth I hear constantly about the Fed and your mortgage rate, and the real reasons investors are suddenly nervous about lending Uncle Sam money.

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MORE FROM NICOLE LAPIN

🎥 Youtube: https://www.youtube.com/@MoneyRehabPodcast

📸 Instagram: https://www.instagram.com/moneyrehab/

📽️ TikTok: https://www.tiktok.com/@nicolelapin

🌐 Nicole's website: https://nicolelapin.com

OTHER THINGS WE DO

💳 SoFi: https://SoFi.com/MNN

💰 Private Wealth Collective: https://privatewealthcollective.com

🏦 The Money School: https://themoneyschool.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Brian Armstrong is the CEO and co-founder of Coinbase, the largest crypto exchange in the U.S. and the first crypto company to crack the S&P 500. He joins Nicole on the exact day Congress failed to pass the Clarity Act, a bill Coinbase has spent millions lobbying for, to break down what it actually means for anyone who owns crypto, or even just an index fund.

Brian explains why he still believes regulatory clarity for crypto is coming either way, what percentage of a portfolio he thinks should be in Bitcoin, and the real difference between how the SEC and CFTC would police your crypto investments. He also digs into the fight with big banks over stablecoin rewards, why he thinks the bank lobby are trying to kill competition, and his ongoing rivalry with Jamie Dimon.

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

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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