28 episodes

Living the life of an Orthodox Jew in the 21st Century often necessitates a very significant income. Unfortunately, many are struggling to keep up.
The Problem Is Bigger Than We Realize
The cost of life for an Orthodox family with children can range from $150,000 to $350,000 or more, depending on city and schools of choice, lifestyle choices and number of children.
The median income in America is $68,000 per family.
This means that a family would potentially need to be in the top 5% of all income earners in the United States simply to get by!
The Solution
Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish.

See acast.com/privacy for privacy and opt-out information.

Kosher Money Living Lchaim

    • Religion & Spirituality
    • 5.0 • 506 Ratings

Living the life of an Orthodox Jew in the 21st Century often necessitates a very significant income. Unfortunately, many are struggling to keep up.
The Problem Is Bigger Than We Realize
The cost of life for an Orthodox family with children can range from $150,000 to $350,000 or more, depending on city and schools of choice, lifestyle choices and number of children.
The median income in America is $68,000 per family.
This means that a family would potentially need to be in the top 5% of all income earners in the United States simply to get by!
The Solution
Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish.

See acast.com/privacy for privacy and opt-out information.

    Money Tips for Teens & Young Adults (with Stacey Zrihen at HAFTR)

    Money Tips for Teens & Young Adults (with Stacey Zrihen at HAFTR)

    One question we often get asked is: Can schools teach our children about financial literacy?
    Well, the Kosher Money team set out to speak to seniors at HAFTR (Hebrew Academy of the 5 Towns) in Cedarhurst, NY to learn more about what schools are and are not teaching, how these young adults view money and to share tips and tricks with the future leaders of the Jewish people.
    Stacey Zrihen, a certified financial planner and expert budgeter, joined us at the school and shared her always-enjoyable insights.
    To reach Stacey, email zrihen@verizon.net
    SPONSORS OF THIS EPISODE
    • Colel Chabad: Get a FREE pushka (charity box) from this great non-profit helping feed Israel's neediest. Simply visit https://www.ColelChabad.org/Pushka & https://www.ColelChabad.org/KosherMoney to make a much-needed donation. 
    • Approved Funding: Looking to purchase a home? Looking to refinance? You need to speak to Shmuel Shayowitz at https://ApprovedFunding.com/Mortgages to make sure you do it right. Tell him we say hi!
    00:00 Intro
    1:47 Welcome to HAFTR
    2:48 Meet Stacey
    3:03 Classes Taught & Not Taught in High School
    4:25 Is High School Too Early to be Discussing Money?
    6:15 Young Business & Learning the Value of Saving
    8:25 College Abroad & Allowances
    11:20 Educating Schools & Parents on Importance of Financial Literacy
    13:16 Credit Card Debt, BNPL & Amazon 
    17:21 Money Advice for Singles
    19:45 Sponsor Message
    22:49 The Magic of Compounding
    24:35 How to Grow Money
    26:12 Taking Pulse of Room
    27:12 Practical Money Management Tips
    30:12 The World of Taxes
    32:46 Checking vs. Savings
    34:37 Get a Free Pushka!
    36:48 Student Loans
    39:10 The Importance of Budgeting 
    42:45 Spending Strategies
    44:10 Debt: Bad AND Good?
    46:10 Subscriptions
    48:24 Interest Rates
    49:20 Budgeting Apps
    50:30 Building Credit
    52:10 Parting Message 
    54:36 Outro
    Follow us on social media for more content:
    TikTok - https://www.tiktok.com/@livinglchaim
    Instagram - https://www.instagram.com/livinglchaim/
    As a reminder, all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. Got it? Good!
    Submit your questions to hi@LivingLchaim.com
    You can WhatsApp us questions, comments & voice notes: 
    1-914-222-5513
    WhatsApp us feedback and you'll get first access to episodes!
    Our brand new and free call-in-to listen feature is here:
    🇺🇸 USA: 712-432-3489
    🇬🇧 UK: 0333-366-0154
    🇮🇱 ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at LivingSmarterJewish.org
    Kosher Money is produced by Living Lchaim and you can find more shows at LivingLchaim.com

    See acast.com/privacy for privacy and opt-out information.

    • 56 min
    The Jewish 34-Year-Old Who Turned Away Millions of Dollars in a Jaw-Dropping Decision (feat. Morris Smith)

    The Jewish 34-Year-Old Who Turned Away Millions of Dollars in a Jaw-Dropping Decision (feat. Morris Smith)

    It's not every day a 34-year-old walks away from a career worth millions and millions of dollars.
    Meet Morris Smith, who in 1992 was managing over $19 BILLION over at the Magellan Fund, and, in the words of Aish.com, had "achieved a level of success that most others can only dream of."
    So why walk away from it all? That's exactly what we asked this righteous man.
    Enjoy the episode!
    You can reach Morris Smith at Morris.Smith@gmail.com - tell him we say hi!
    SPONSOR LINKS
    🏡 Need a Mortgage? They're Epic - https://approvedfunding.com/mortgages/
    🙇‍♂️ Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney
    All investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. Got it? Good!
    Submit your questions to hi@LivingLchaim.com
    WhatsApp us feedback and you'll get first access to episodes!
    Need financial guidance? Get help from our friends at https://livingsmarterjewish.org/
    Kosher Money is produced by Living Lchaim and you can find more shows here: https://LivingLchaim.com

    See acast.com/privacy for privacy and opt-out information.

    • 1 hr 12 min
    Meet Micha Stocks, a YouTube Star Creating CNBC in Hebrew

    Meet Micha Stocks, a YouTube Star Creating CNBC in Hebrew

    Meet Micha Stocks, a homemade YouTube influencer educating Hebrew speakers on the stock market.
    Think of Micha as a CNBC for Israelis, a service that hasn't existed until Micha (real last name: Catran) picked up a camera in 2021 and shared his wisdom with just a few followers, streaming live and dropping insightful videos in his native tongue.
    That community has grown into 20,000 subscribers and a stream of revenue for Micha. We hope you learn a thing or two (or 20,000) from Micha because we sure did!
    SPONSOR LINKS
    Need a Mortgage? They're Epic - https://approvedfunding.com/mortgages/
    Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney
    TIME STAMPS:
    00:00 Intro
    2:15 Meet Micha Stocks
    4:15 CNBC for Hebrew Speakers
    8:11 Micha's Path to $uccess
    11:39 Does Micha Have Sponsors?
    15:25 Micha's Support System
    17:14 Micha's Advice for YOU to Get Started on YouTube
    21:48 Sponsored Message
    25:55 Connecting with His Audience
    27:55 Does CNBC Know About Micha?
    28:35 Micha is Also Making $ Thru Premium Memberships
    30:40 How Israelis View Money vs. Americans
    34:20 Financial Literacy Education in Israel
    35:55 Emailing Elon Musk & Tim Cook
    36:35 What is Elon Musk's Email Address?
    37:11 What Compelled Micha to Learn Stocks & Investing?
    39:35 Micha's Go-To Stock-Trading Apps
    40:55 Sponsored Message
    43:29 Using the Power of the Internet
    45:15 The Next Big Things From Micha's Viewpoint 
    53:15 What is the Blockchain? What is Bitcoin?
    1:01:40 How to Know Which Cryptocurrencies Are Legitimate? 
    1:03:12 Visit YouTube.com/c/michastocks
    1:03:25 The Truth About Steve Jobs & His Legacy
    1:05:45 Micha's Parting Message & The Einstein of Wall Street
    1:09:07 Outro
    Micha's Book Recommendation is the Biography on Steve Jobs: https://tinyurl.com/stevejobsbio12
    All investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. Got it? Good!
    Need financial guidance? Get help from our friends at https://livingsmarterjewish.org/
    More here: LivingLchaim

    See acast.com/privacy for privacy and opt-out information.

    • 1 hr 10 min
    How To Make More Money (with Mitchell Eisenberger)

    How To Make More Money (with Mitchell Eisenberger)

    Mitchell Eisenberger is not your typical Kosher Money guest. He doesn't have a book, he isn't a YouTube superstar and he is not a financial advisor.
    But he is smart...very smart. And that's what we're looking for in these episodes.
    Enjoy hearing Mitchell's story and how he has advised others into growing their salaries by hundreds of thousands of dollars using clever homegrown methods.
    SPONSOR LINKS
    Need a Mortgage? They're Awesome - https://approvedfunding.com/mortgages/
    Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney
    TIME STAMPS:
    00:00 - Intro
    1:00 - The Money Taboo
    3:25 - Kids & Money
    6:13 - Mitchell Eisenberger's Start
    9:38 - The 2008 Crash & Its Effect on Careers
    14:06 - The Power of Networking
    19:35 - Mitchell's First Gig & Offer
    25:14 - The First Raise
    28:30 - Eli's Starting Salary & Raise
    32:04 - Sponsor Message
    33:10 - Networking: Big Business vs. Small Business
    33:45 - The Trick to Negotiating Well
    41:09 - The Wild West of Salaries 
    52:57 - Sponsor Message
    53:59 - Growing His Salary Even More
    57:03 - A Resume Tip
    57:49 - Combatting Imposter Syndrome 
    1:00:32 - Why Mitchell Left a Cushy Job
    1:04:45 - Side Hustles & Investing
    1:09:55 - Getting in Touch with Mitchell
    1:10:25 - Mitchell's Parting Words
    To contact Mitchell, email Eisenberger.Mitchell@gmail.com
    All investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice.
    Submit your questions to hi@LivingLchaim.com
    You can WhatsApp us questions, comments & voice notes: 1-914-222-5513
    WhatsApp us feedback and you'll get first access to episodes!
    Our brand new and free call-in-to listen feature is here:
    USA: 712-432-3489
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at https://livingsmarterjewish.org/
    Kosher Money is produced by Living Lchaim and you can find more shows here: LivingLchaim.com

    See acast.com/privacy for privacy and opt-out information.

    • 1 hr 15 min
    Financial Advisor to Millionaires Reveals Investing Strategies (with Naftali Horowitz)

    Financial Advisor to Millionaires Reveals Investing Strategies (with Naftali Horowitz)

    Rabbi Naftali Horowitz advises millionaires and billionaires in the world of investing and he stopped into the Kosher Money studio again to share more insights with you. Enjoy!
    Subscribe to our YouTube channel for more awesome content! 
    SPONSOR LINKS
    Need a Mortgage? They're Great - https://approvedfunding.com/mortgages/
    Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney
    TIME STAMPS
    0:01 Intro
    1:48 Welcome Back
    2:05 Is The Stock Market Gambling?
    3:54 Should I Invest in Stocks? Index Funds?
    11:37 Disclaimer: These are Not Endorsements
    12:30 Smart People Pick Stocks This Way
    15:35 The Psychology of Investing
    17:54 Sponsor
    19:13 Do People Ask You for Stock Picks?
    22:40 Stock Picking at Start of Russian-Ukrainian War
    25:43 Controlling Emotions During Turbulent Times
    31:20 Behavioral Finance and Biases To Be Aware Of
    37:18 Meet Steve & More Biases
    48:55 Sponsor
    50:21 Berkshire Hathaway’s Class A vs. Class B Shares
    51:00 What to Do to Avoid Stock Market Mistakes
    51:51 How Naftali Made Someone $4,000,672.87
    53:56 Bitcoin, Crypto & How to Trade Exotic Investments
    56:20 Another Bias: Regret Aversion
    59:47 Sagely Advice on Money
    1:02:38 Difference in Friction in Marriages of Rich vs. Poor
    1:06:10 Rabbi Naftali Horowitz’s Parting Advice
    1:09:22 Outro
    Naftali's book "You Revealed: A Torah path to a Life of Success" can be found here: https://amzn.to/36fxXbK
    Please note that this book was written predominately for an observant Jewish reader.
    (Due to high demand the book sells out quickly but is usually back in stock within one week.)
    To reach Naftali send an email to: naftali@livingsmarterjewish.org - Please DO NOT email his work email as none of those emails will be answered.
    After you finish this episode, be sure to watch our other interview with R' Naftali Horowitz on how to build wealth: https://youtu.be/ibGT401qDWw
    Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice.
    Submit your questions to hi@LivingLchaim.com
    You can WhatsApp us questions, comments & voice notes: 1-914-222-5513
    WhatsApp us feedback and you'll get first access to episodes!
    Our brand new and free call-in-to listen feature is here:
    USA: 712-432-3489
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at LivingSmarterJewish.org
    Kosher Money is produced by Living Lchaim.More shows here: LivingLchaim.com


    See acast.com/privacy for privacy and opt-out information.

    • 1 hr 12 min
    How to Save REAL Money on Health Insurance (with Carey Gruenbaum)

    How to Save REAL Money on Health Insurance (with Carey Gruenbaum)

    Carey Gruenbaum has extensive experience in the healthcare insurance industry and operates multiple companies in the space.
    Who better to sit down to discuss the finances around medical insurance, how to save REAL money on it, and what a consumer's options are.
    Curious about HealthShare plans? Surgery in Mexico? What's the deal with dental and vision insurance? We covered that in full, and much more! 
    SPONSOR LINKS
    🏡 Need a Mortgage? We Gotchyou - https://approvedfunding.com/Mortgages/
    🙇‍♂️ Help Support Israel’s Neediest - https://www.colelchabad.org/koshermoney
    TIME STAMPS:
    0:01 Intro
    2:08 Who Needs Health Insurance?
    4:23 How Many Americans Don’t Have Health Insurance?
    6:16 The Cost
    12:30 The Power of Shifting
    17:18 Eli’s Trip to the ER & Mysterious Hospital Pricing
    24:40 Do Hospitals Hate Urgent Cares?
    26:00 Hospital Bills: Negotiable? Impacts Credit Score?
    30:30 Sponsor
    31:52 More on Bill Reductions
    34:07 The Difference Between Health Insurance Companies
    38:35 Additional Health Insurance When Traveling
    40:48 Long Term Care Insurance 
    45:45 Disability Income Insurance
    50:00 Dental & Vision Insurance
    53:05 Out of Country Surgeries
    54:56 Sponsor
    56:41 HSA (Health Savings Account) and FSA (Flexible Savings Account)
    1:01:26 HealthShare Plans
    1:21:08 Carey’s Companies & Contact
    1:26:17 Outro
    Here is a list of Carey's companies:
    • PSG Insurance (PSG-Insurance.com): Group Benefits, Life, Disability and All Benefits Related
    • One Cap LLC (OneCapLLC.com): Property & Casualty
    • Preferred Exchange (PreferredEx.com): When we talk about health insurance, Preferred Exchange thinks it should be easy for anyone to understand and the costs should be clear. (For employers, employees and brokers.)
    To get in touch with Carey's team, call 516-247-6448 and push extension 227.
    More shows here: https://www.livinglchaim.com/
    Submit your questions and comments to hi@LivingLchaim.com - we love emails!
    WhatsApp us feedback and save our contact: 914-222-5513
    Subscribe to our YouTube channel for more awesome content! :)  
    Lchaim!

    See acast.com/privacy for privacy and opt-out information.

    • 1 hr 29 min

Customer Reviews

5.0 out of 5
506 Ratings

506 Ratings

King Geoffrey Barathian ,

Kosher Money

This show is extremely informative and very helpful. I recommend it to all, but especially to young people. It will greatly help you with the complex field of budget & finances.

Shaingame11 ,

Excellent show!

Every show is so informative and entertaining. These guys are revolutionizing the previously non spoken about world of financial literacy to the Orthodox world and beyond by opening up the floor for financial education and fiscal responsibility . Keep it up!

A fan in Jackson

jojo11116 ,

Amazing

Incredible group of guys listen to every episode so far outstanding everything is about facts numbers and also the mental effects my favorite episode was with naftulli

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