26. Insurance

10/07/22 • 36 min

Who needs it? Chances are - YOU do. Galia explains the difference between buying “term” and “whole” life insurance, how to calculate the amount of coverage you need and the best way to afford it on any budget. She fills us in on why many women need long-term care insurance too. Susan researches high-priced insurance policies that celebrities purchase to cover their most notable body parts.

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25. Awkward Money Moments

Money can be a sensitive subject. And loaded. And awkward. If there's too much of it. If there's too little of it. How you handle it. How others handle it. Finances are tricky. In episode 25, "Awkward Money Moments," Galia and Susan discuss many 'cringey' money experiences they've had, how they handled them in the moment and how they could have been handled so you can learn from their mistakes. Galia shares how to navigate many uncomfortable financial conversations (like how best to ask for more money on the job - including what to do if your boss says “NO”) and how to own your money decisions. Susan tells a story of 'unfavored nations" and recounts her infamous visit to a storefront psychic with fish smells.

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27. Saving For College

Got kids? Or maybe you don’t have kids, but are thinking about having kids? Or maybe you don’t plan to have kids, but have kids in your life whom you love? Paying for college can be a huge source of stress unless you plan for it well in advance. Galia explains why parents should prioritize their own retirement first - then their kids’ college. She lays out 529 plans, UGMA plans and prepaid college savings programs. She also explains which plan is right for you, which investments to choose and what to do with those investments if your child doesn’t end up going to college. Susan shares her love of free bank snacks, her vivid memory of receiving her college acceptance letter, her various college jobs that helped put her through school, how she wanted to start saving for her son’s college education even before he was born and why “Airplane” is one of the best movies of all time.