YW 90 - How to Be a Financial Rich Bitch with Nicole Lapin

Nicole Lapin has lend a very successful news anchor career and has appeared on several news channels such as CNN Live, Bloomberg, CNBC, and much, much more. She joins Jason today on Young Wealth to talk about her latest book, Rich Bitch. In the book, Nicole provides 12 incredibly easy steps for anyone to get control over their personal finances and make better financial decisions in their life. Nicole explains to Jason's audience some of the important steps in the book that will help them succeed in securing a better financial future. 

 

Key Takeaways:

1:30 – Nicole is currently on a book tour.

4:00 – The current financial advice is about starvation, depriving you of certain luxuries. Nicole argues to invest in yourself. 

7:20 – Nicole has been called a bitch in a derogatory sense and she decided to own it. 

9:20 – In Nicole's book, she touches on housing, savings, and investing. 

11:30 – Jason explains rent to value ratios and when it's a good time to rent or purchase a home on leverage. 

15:00 – Three to nine months of savings is what you should have before you start investing. 

17:10 – Saving money is not just about math, your finances become more interesting when you link it towards your own personal goals too. 

 

Mentioned In This Episode:

Rich Bitch by Nicole Lapin