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Money Rehab with Nicole Lapin

"I Want to Buy a House and Have Four Kids— Is My $130K Enough?"

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 9 September 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Today’s guest is a fellow financial nerd in the best way— she’s in her early 30s, she and her partner are crushing it with no debt, strong savings, and even own a rental property. But like so many of us, she’s wondering: Are we doing enough? Are we doing it right? And how do we afford the life we want without falling into a trap of financial FOMO? Today, Nicole talks her through it— from buying a house, to starting a family, with some fun purchases in between. 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. 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

I am so excited you head up to Big Sur with my husband this fall. We are celebrating our anniversary

0:05.8

and while I will miss the little mush so much, we are also really excited to have a little

0:13.0

parents' time. We deserve that. But you know, it got me thinking about this feeling when you walk

0:17.8

out of the door for a trip and you wonder what your blaze is doing while you're

0:21.1

gone? Well, it turns out it could be working for you. I've been hosting on Airbnb for forever now,

0:27.1

and I tell all of my friends to do the same because it's an amazing way to make passive income

0:31.6

from an asset you already have, your home. But some of my friends who are super busy

0:36.6

worry that hosting on Airbnb would feel like

0:38.7

having a second job. And that's when I tell them about Airbnb's co-host network. Anything you don't

0:43.8

have the bandwidth to do, a co-host can handle for you. They can create your listing, manage reservations,

0:49.8

manage guests, provide on-site support, even handle design and styling. So whether you're traveling

0:55.0

for work or you're escaping the winter, or if you have a second place that just sits empty

0:59.4

way too often, your home doesn't have to sit on the sidelines. Instead, you can earn a little

1:04.0

extra cash without adding another job to your plate. Find a co-host at Airbnb.com slash host.

1:10.5

Support for today's episode comes from Square,

1:12.7

the easy way for business owners to take payments, book appointments, manage staff, and keep

1:17.3

everything running in one place. On this show and in my books, I always talk about how important

1:22.5

it is to have multiple streams of income. But how do you actually go from hobby to hustle?

1:44.2

The answer, Square. I have seen it so many times in real life. Just this weekend at the farmer's market, there was a mom selling banana bread. We love banana bread. And I could not resist. In the past, I might have missed out because I never carry cash. But with Square, she was able to take my card in seconds.

1:46.1

I got my delicious treat.

1:48.6

She got paid and neither of us had to stress.

1:53.8

With Square, you can get all the tools to run your business with none of the contracts or complexity.

...

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