“I’m coming into an inheritance after my divorce. How should I use that money?” (Listener Intervention)

Money Rehab with Nicole Lapin

Money News Network

Education, Business, Self-improvement

4.6 • 1.7K Ratings

🗓️ 21 January 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Money Rehabber Jen put together this listener intervention for her bestie Chris, who is about to come into some inheritance. He’s thinking he’ll use that money to buy a house in cash… but should he? Today, Nicole steps in to help make the game plan.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.8	That's a good one.
0:09.8	Dean and should I have a 401k because then I can do it?
0:12.6	No, I know.
0:14.1	What's that?
0:15.1	I don't think the whole world revolves around you on your money.
0:17.6	What a dumb shit.
0:19.8	Charge for wasting our time.
0:22.8	I can do it.
0:23.8	I will take a check.
0:24.8	I can't pull you down.
0:26.8	You recognize her from anchoring on CNN.
0:29.6	On CNBC and Bloomberg, the only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:37.7	Today's episode all started with money rehabber Jen.
0:41.3	She wrote in asking for advice for her bestie, Chris.
0:45.8	And may I just say, I love that.
0:49.6	That is an excellent bestie.
0:52.8	The best bestie, if you will, because friends don't let friends fuck up important financial
0:58.3	decisions.
0:59.4	And Chris does have a big financial decision to make.
	...

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