HerMoney with Jean Chatzky

You asked, we answered! In this Mailbag, Jean is joined by Celeste Headlee, author of, “We Need To Talk: How To Have Conversations That Matter” to talk through how to approach your toughest money conversations.

They tackle your questions on everything from preparing kids for navigating their own finances in college to addressing salary disparities at work. Celeste shares practical advice from her own life, including budgeting tips for teens and strategies on how to approach a raise conversation with your employer.

Have a question for us or want to jump on a call with Jean? Write in at [email protected].

Join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe!

Takeaways:

• Break financial conversations into smaller parts to make them more manageable and focused.
• Involve children in budgeting and decision-making to help them understand the cost of living and the value of money.
• Salary transparency is important for achieving pay equity, but it's not necessary to disclose salary information to coworkers or family members.
• Consider the context and purpose of financial conversations before sharing.

Chapters:

0:00 Introduction

1:00 Tough Money Convo 1: How To Talk College Financials With Your Kid

6:25 Tough Money Convo 2: Coworkers Payscale and Asking For A Raise

10:00 Tough Money Convo 3: How To Respond When Family Asks About Salary

Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlexTM, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlexTM here.

The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

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Happy Valentine’s Day, HerMoney fam! If you’ve ever ventured into online dating, you know how tricky (and sometimes exhausting) it can be. But before you consider hiring a matchmaker with a hefty price tag, we’ve got you covered. This week, we sit down with Maria Avgitidis, aka Matchmaker Maria to talk about what really goes into finding “the one.” She’s a fourth-generation matchmaker, CEO of Agape Match, and author of Ask a Matchmaker: Matchmaker Maria’s No-Nonsense Guide To Finding Love.

If you’re single and looking — or just fascinated by modern matchmaking — you won’t want to miss this one!

In Mailbag, Jean and Kathryn answer listener questions about prenups, financial independence in marriage, and the best way to sell an engagement ring post-divorce.

Resources & Links:

📖 Preorder Maria’s book: Ask a Matchmaker

🔗 Listen to Scott Rick talk about why he thinks couples should merge their money.

Learn more about InvestingFixx, our women’s investing club where you can vote on stocks, build a model portfolio, and grow your financial knowledge. Take the next step in your financial journey with FinanceFixx, our money makeover program.

Have a question for us? Write to us (or send us a voice note!) at [email protected].

While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe!

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Last week, 2.9 billion records of personal data were for sale, from people in the US, Canada, and Britain, stolen from a company that does background checks called National Public Data. This data breach included the holy grail, Social Security numbers.

This is just one of the thousands of data breaches that have happened so far this year and a continuation of a growing pattern. Kim Komando joins us to share the 4 simple steps you can take right now to protect your data online.

Chapters:

00:00 The Impact of Data Breaches

02:34 How To Check if Your Data Is Part of a Breach

09:42 Opting Out of Data Broker Sites

13:15 Paid Services For Removing Personal Information

17:36 Password Etiquette

21:53 Privacy Risks of Smart Devices

24:05 Key Takeaways and Staying Informed

Have a question for us? Write to us at [email protected]. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe!

Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom and learn more at investingfixx.com.

Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlexTM, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlexTM here.

The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, we're digging into one of the most pressing financial crises of our time: student loans. After a five-year pause, the Trump administration has officially restarted collections on defaulted federal student loans, and millions of borrowers could soon face wage garnishment, reduced Social Security benefits, and even hits to their credit scores.

Joining us is Jillian Berman, author of the groundbreaking new book, Sunk Cost: Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It. Jillian takes us behind the headlines, breaks down who is most at risk, and how to get your payments back on track if you’re in default.

Resources & Links:

• 🚀 ⁠FinanceFixx⁠ – Our 4 or 8-week coaching program to get your finances on track!
• 📈 ⁠InvestingFixx⁠ – A club for women ready to grow their wealth. Your first month is completely free.
• StudentAid.gov – Check your loan status, repayment options, and servicer info.
• Sunk Cost by Jillian Berman
• More from Jillian Berman on MarketWatch

Have a question for us? Write to us (or send us a voice note!) at ⁠[email protected]⁠. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at⁠ ⁠⁠Hermoney.com/subscribe⁠!

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This week, we’re tackling the subject of aging, which, according to new research, more women are looking forward to. Excuse us? Yep, financial challenges aside, more women are excited about aging, particularly about what their lives will look like as they age. It’s rooted in the idea of, “The best is yet to come.” But the best will only come if you’re feeling your best, and that means taking care of yourself. Enter: The always-wonderful Jillian Michaels. Just days after losing her home in the California Camp Fire, Jillian spent time with us to discuss her latest book, “The 6 Keys: Unlock Your Genetic Potential for Ageless Strength, Health, and Beauty.” We run through all six and how you can apply them today, because “Aging gracefully doesn’t have to mean giving up and accepting decay,” writes Jillian. “It means keeping yourself in fantastic health, inside and out, for a hell of a long time ...” In Mailbag, we answer your questions on union memberships, rebalancing 401(k)s and prioritizing HSAs. Then, if you’re like us — and many other rewards-points junkies — the allure of getting a new credit card with a big, fat rewards bonus sends your heart fluttering: 50,000 points, 70,000, 100,000, oh my! But, what then? How to maximize them in Thrive.

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