On Worthwhile Side Hustles, Financial Tradeoffs, & Frustration with American Politicians

The Money with Katie Show

Money with Katie

Investing, How To, Self-improvement, Business, Education

4.8 • 1.3K Ratings

🗓️ 27 August 2025

⏱️ 97 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s Rich Girl Roundup, we’re discussing a wide range of alternately nerdy and controversial (sometimes both) topics: 🩹 The role of insurance around the fear of impending doom 🏃 When side hustles are worthwhile 🧮 How to calculate opportunity costs when you have both savings and loans as options on the table 🤑 The theoretically rigorous case for wealth taxes 👀 Where the current economic discussion about Trump’s immigration policies is self-defeating ⚖️ Why my perspective on state-run universal services has become complicated by the last six months …and more, including a temporary and especially thrilling new segment called “Airing Your Grievances.” Transcripts, show notes, resources, and credits will be available within a week at: http://moneywithkatie.com/side-hustles-tradeoffs. — Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs. Get your copy of Rich Girl Nation:⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://moneywithkatie.com/rich-girl-nation⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We all have our strengths, like pronouncing Uruguay.
0:06.6	You just, that's, you just said it wrong.
0:09.3	No, it's Uruguay or Uruguay.
0:12.4	Is that, is that true?
0:15.0	Wait.
0:15.5	Yes, Uruguay, and you better not cut this.
0:18.4	You better not cut this where you're dunking on me for saying
0:21.9	shit wrong.
0:25.3	Rich girl roundup.
0:32.5	Welcome back to another rich girl roundup. Yeha on The Money with Katie's show.
0:38.1	I am, of course, Katie Gotti Tossan.
0:40.0	In every few episodes, my executive producer, Hena and I sit down.
0:44.1	We discuss your feedback, your questions, any new considerations that come up.
0:48.8	And Hena, I'm curious where you want to take us today first?
0:52.9	Where are we starting today?
0:55.9	Well, first I wanted to read this review that came in because it really made my day and I loved it. So I want to say thank you to
1:01.3	Ms. Sarcasm, which whoever you are, that is a great username. They said, I'm a personal
1:06.8	finance junkie and I've listened to podcasts for years and even have my own. They tend to all talk about the same thing in different ways now, and it has gotten boring. But Katie's podcast goes to the next level. She shows us how our money not only impacts us, but impacts an entire global economy and society. This is advanced level personal finance, and I'm so here for it. Also, I'm not the only one who wants to be BFFs with Katie.
1:28.6	Ms. Sarcasm, unfortunately for you, she already has a BFF, me, but if it's my time to go
1:35.4	early, then I'll let you swoop in. That truly means a lot. Thank you so much.
1:40.6	Advanced level personal finance is definitely how I like to think about what we're trying to do here, or money as an extreme sport. Either one, take your pick. On that note, let's kick off with our personal finance episode. And then I actually want to answer a couple specific money questions that have come in over the last couple weeks,
2:01.0	just because it feels like thematically we're in that spirit of our friend, Data Daddy, Nick Majuli.
	...

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