The Money School

Money News Network

The Money School is your one-stop-feed for all of the most foundational episodes of the award-winning financial advice podcast Money Rehab hosted by New York Times Bestselling author Nicole Lapin.

  1. 2d ago

    Nicole Opened These 3 Accounts for Her 1-Year-Old. Here's Why.

    Today, Nicole unpacks the exact accounts she opened for her daughter, the math that makes starting early almost unfair, and the money script she's determined to rewrite for the next generation. Whether you have a newborn, a teenager, or you're realizing you wish someone had done this for you, this episode is a blueprint. Nicole breaks down how a 529 plan is far more flexible than most parents realize, why a custodial brokerage account is less about returns and more about teaching kids that money grows quietly in the background, and why a retirement account for a one-year-old is not as insane as it sounds — it's one of the most powerful financial moves a parent can make.  Check out Nicole's financial literacy course⁠ The Money School⁠ Find a⁠ Financial Advisor or Financial Coach⁠ from Nicole's company Private Wealth Collective Watch video clips from the pod on⁠ Money Rehab's Instagram⁠ and⁠ Nicole Lapin's Instagram⁠ Here's what Nicole covers today: 00:00 Are You Ready for Some Money Rehab? 01:13 529 Plans: More Flexible Than You Think 02:02 The Math on Starting Early vs. Waiting 02:51 Super Funding: The IRS Loophole Most Parents Miss 03:31 Lump Sum vs. Monthly: The Numbers That Will Shock You 04:00 How to Shop for the Best 529 Plan 04:17 Custodial Brokerage Accounts Explained 05:00 The Financial Aid Trade-Off 05:41 Why Nicole Really Opened This Account for Her Daughter 05:56 The Custodial Roth IRA (Yes, for a 1-Year-Old) 07:00 The Number That Changes Everything 08:00 Roth IRAs and Financial Aid: The Cleaner Vehicle 08:21 Rewriting the Money Script 09:00 Tip You Can Take Straight to the Bank All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.

    12 min
  2. May 25

    How to Build $100K in Five Years

    Your first $100,000 in investing feels impossible—until you see the math. Today, Nicole breaks down why the first $100K is the hardest money you’ll ever make, what changes mathematically once you cross it, and the path to get there… without a hot stock tip, crypto bro, or dumb luck. Nicole walks through a real, doable five-year plan based on the average U.S. salary —including exactly how much to invest each month, where to put your money, and how the beautiful power of compound interest quietly accelerates behind the scenes.  Try Nicole’s ⁠Compound Interest Calculator⁠ Check out Nicole’s financial literacy course ⁠The Money School⁠  Find a ⁠Financial Advisor or Financial Coach⁠ from Nicole’s company Private Wealth Collective Watch video clips from the pod on ⁠Money Rehab’s Instagram⁠ and ⁠Nicole Lapin’s Instagram⁠ Here’s what Nicole covers today: 00:00 Are You Ready for Some Money Rehab? 00:18 Why Your First $100K Is the Hardest 02:53 Year-by-Year Investment Plan 03:05 Year 1: Building the Habit 04:00 Year 2: Gaining Momentum 04:33 Year 3: Growth Year 04:59 Year 4: Push Harder 05:37 Year 5: Reaching the Goal 06:00 Reality Check: Life Throws Curveballs 06:33 Passive Income 07:20 Your Next Steps and Resources All investing involves the risk of loss, including loss of principal. 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.

    10 min
5
out of 5
83 Ratings

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The Money School is your one-stop-feed for all of the most foundational episodes of the award-winning financial advice podcast Money Rehab hosted by New York Times Bestselling author Nicole Lapin.

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