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Money Rehab with Nicole Lapin

Meet Money Assistant: "How do I overcome financial trauma and start investing?"

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 4 September 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Today, Nicole is sharing the first episode of her new podcast Money Assistant, where she, along with her AI investing assistant Magnifi, give guests actionable steps to navigate their big money obstacles and achieve their financial goals. In the first episode, Nicole and Magnifi help Paola, who dreams of feeling comfortable investing. The only thing that's holding her back? Trauma stemming from her family's financial hardship in 2008. Nicole helps Paola warm up to the idea of investing, and Magnifi creates a portfolio that will put Paola on-track to meet her newfound investing goals. Never miss an episode, subscribe to Money Assistant wherever you listen to your favorite podcasts. Check it out: https://link.chtbl.com/dA3CJ-Co If you want help making an investing portfolio that suits your goals, check out Magnifi at moneyassistant.com

Transcript

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0:00.0

I'm financial expert and New York Times best-selling author, Nicole Lapin, and I magnify the AI

0:08.7

assistant that powers the magnify app.

0:10.9

And we are your money assistants.

0:12.7

On the show, we help people overcome financial setbacks and meet their money goals.

0:16.8

So here's what we're going to do.

0:18.4

First, you'll hear me talk to a guest about their relationship with money and their financial

0:22.7

dreams.

0:23.7

And then I'll provide a personalized game plan developed by the most-cutting-edge financial

0:28.4

technology.

0:29.4

You want us to be your financial assistant, so listen to the end of the episode to hear

0:32.8

how.

0:33.8

Until then, this is who we'll be assisting today.

0:36.8

My name is Paula.

0:38.4

I make $80,000 a year.

0:40.7

I have $30,000 in student debt, and I nearly have my credit card paid off.

0:47.3

I am $869 the way I don't have any savings right now.

0:52.6

And my money goal is to feel more confident with investing.

0:57.3

And where to start is really just understanding all around where to go from there.

1:03.7

So Paula, we're going to put your money assistant to work, but we can't, of course, start there.

1:08.3

Let's start with your story and how money has played a role in that story and do a little

1:13.4

word association game.

1:15.4

I'll say a word, and then you tell me the first word that pops into your hat.

...

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