3 Secrets to Building Generational Wealth and Everything You Want To Know About Working With a Financial Planner

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 18 September 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, Nicole tackles one of the most important, but often intimidating, questions in personal finance: should I have a financial planner? If the answer is “yes” (and lets be honest, it probably is!), that sets off a domino effect of other questions: When I’m looking for a financial planner, what questions should I ask? Do I have to be rich to get started? What can a financial planner actually do to help me? To answer all of those questions and more, Nicole is joined by Adriana Adams, Head of Financial Planning at Domain Money, to cut through the noise and deliver the straight talk on how to find the right financial planner, and what to expect once you do. But Nicole and Adrianna don’t just tell you what a financial planner can help with— they show you. Nicole asks Adrianna for insight on her #1 financial goal: how to set her daughter up for success. They talk custodial brokerages, the new Trump Accounts, trusts, and yes—even how to legally put your baby on payroll. This conversation got so good, Nicole’s husband jumped in to get all the useful details! To have your own free conversation with Adrianna or the other financial planners at Domain Money, start here. 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 planner before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

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0:00.0	Support for today's episode comes from Square, the easy way for business owners to take payments,
0:04.7	book appointments, manage staff, and keep everything running in one place. On this show and in my
0:10.2	books, I always talk about how important it is to have multiple streams of income. But how do you
0:15.2	actually go from hobby to hustle? The answer? Square. I have seen it so many times in real life. Just this weekend at the farmer's
0:22.5	market, there was a mom selling banana bread. We love banana bread. And I could not resist. In the past,
0:28.4	I might have missed out because I never carry cash. But with Square, she was able to take my card in
0:33.3	seconds. I got my delicious treat. She got paid and neither of us had to stress. With Square,
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0:59.3	with Square. Get started today. What is your bank doing for you? And how much is it costing you?
1:04.8	That's a serious question, because if they're charging you $8 a month with zero extra services,
1:10.2	I've got to stage an intervention
1:11.5	here. What are you paying them for anyway to hold your money for you? You deserve better.
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1:38.1	withdrawals. Plus, they have over 47,000 fee-free ATMs. So seriously, ask yourself,
1:44.0	what is your bank doing for you and just how much are they charging you to do it? And if the math isn't mapping, think about making a change. Work on your financial goals through CHIME today. Open an account in just two minutes at chime.com slash MNN. Chime feels like progress. Chime is a financial technology company, not a bank. Bank, card provided by the Bankor Bank N.A or Stride Bank N.A.
2:03.1	Members FDIC.
	...

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