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Money Rehab with Nicole Lapin

The Time Cari Champion Needed Money Rehab— and How a Financial Advisor Helped Her Through It

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 23 April 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Meeting with a financial advisor can feel like you’re inviting someone to see you financially naked and that is super stressful… especially if you’re not where you want to be financially, or if there’s something in your financial picture you’re confused about, but you don’t want to look silly if you ask for clarification. Today, Nicole and Cari Champion make your stress melt away by sharing ultra-embarrassing stories from meetings with their financial advisors. Trust us: you won't top this! Here is the financial planning company Nicole mentioned in the episode: https://facet.com/moneyrehab Here is the episode of Money Rehab where Nicole role-plays a financial planner call: https://link.chtbl.com/lw0H-QT9?sid=FACET

Transcript

Click on a timestamp to play from that location

0:00.0

When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home,

0:05.3

so I like to find remote cabins in the middle of nowhere to just hang out and write.

0:10.0

But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks.

0:16.6

And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles.

0:21.0

Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started,

0:34.3

don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it.

0:40.6

And your home might be worth a lot more than you think.

0:42.8

Find out how much at Airbnb.com.

0:44.8

host.

0:47.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:53.0

It's time for some many rehab.

0:55.0

Whoa!

0:58.0

Whoa!

1:01.0

I know it is hard to ask for help. I am the poster child of this. I've got it on my own mentality with a miss independent ring tone, but even I, Miss Independent herself, has some help with my own finances and lots of it.

1:15.2

After all, doctors have doctors. Shrinks have strings. Trainers have trainers.

1:19.1

We all need help, even the experts. I would recommend any money rehabber have a financial advisor.

1:25.2

I have a financial advisor.

1:26.5

Her name is Rebecca, and she is awesome.

1:28.9

I know that meeting with a financial advisor can feel like you're inviting someone

1:32.1

to see you financially

1:33.2

naked and that can be super stressful especially if you're not where you want to be

1:36.0

financially or if there's something in your financial picture that you're confused

...

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