Podcast appearances and mentions of Suze Orman

In this Suze School, Suze talks about the things in life that cause us regret and outlines steps we can take to stop those behaviors and live a more fulfilling and secure life. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this Ask KT & Suze Anything episode, Suze answers your questions about prenups, financial scams, getting out of debt and so much more. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

Live from Joe's mom's basement (complete with dog mugs, birthday roasting, and Doug polishing his trivia crown), the crew tackles a headline that caught plenty of attention. Suze Orman backing off her long held stance that everyone should work until age 70. Does that mean you shouldn't work longer? Not exactly. Joe Saul-Sehy, OG, Doug, and special guest Len Penzo break down the math behind working into your late 60s or beyond. More years to save, more compounding, fewer years drawing down assets. It's powerful stuff. But they also remind Stackers that work doesn't have to mean the same grind, and that retiring and claiming Social Security are two completely separate decisions. Len shares why he plans to delay Social Security until 70, walks through the break even math versus claiming at 62, and highlights the importance of survivor benefits for spouses. At the same time, the crew emphasizes that health, longevity expectations, and personal priorities can completely change the right answer. Suze's updated advice leans heavily on stress testing your retirement plan, and that's where the basement really digs in. What happens if inflation sticks around? If your side hustle disappears? If returns are lower than expected? The team argues that instead of chasing the perfect retirement date, you should solve for flexibility. Avoid analysis paralysis but don't skip the planning either. They also debate liquidity (hint: it doesn't mean stuffing your mattress with cash), share a cautionary tale about delayed IRA access, and remind listeners that logistics matter just as much as spreadsheets. In the TikTok Minute, a retiree reframes time as priceless instead of something to maximize. That sparks a thoughtful conversation about identity in retirement, the adjustment period after leaving work, and what makes life satisfying once the paycheck stops. Plus: A big community win as a fellow Stacker crosses the $1 million net worth milestone, stats on how common that really is, upcoming Stackers meetups, Doug's Gutenberg themed trivia, and unexpected retirement expenses involving squirrels and BarkBox. Because this is the basement, after all. What You'll Learn: • Why working longer can strengthen your retirement math and when it might not • The difference between retiring and claiming Social Security • How to think about Social Security timing, longevity, and survivor benefits • What it means to stress test your retirement plan • Why flexibility often beats perfect optimization • The real meaning of liquidity and why too much idle cash can hurt efficiency • How retirement success is often about time, not just money • Why identity shifts matter just as much as account balances The Big Takeaway: Retirement doesn't require working forever. But it does require a coordinated plan, one that brings together your assets, Social Security strategy, spending flexibility, and (most importantly) how you want to spend your time. Because in the end, money is renewable. Time isn't. This Episode Is For You If: • You've been told to work to 70 and aren't sure if that's right for you • You're trying to figure out when to claim Social Security • You want to stress test your retirement plan but don't know where to start • You're worried about the adjustment period after leaving work • You believe retirement planning is about more than just hitting a number Question for You: If you could retire tomorrow, what would you spend more time doing, and what would you happily leave behind? Share your thoughts in the Spotify comments or The Basement Facebook group. Your answer might inspire another Stacker who's quietly wondering the same thing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this special Suze School, we’ll highlight why a Roth retirement account ultimately gives you more money than a pre-tax retirement account. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this Ask KT & Suze Anything episode, Suze answers your questions about Roth conversions, being on multiple mortgages, home loans and so much more. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this special Suze School, Keith Fitz-Gerald joins Suze to answer your questions about stocks, real estate, gold, silver, the state of the market and everything you need to know about money. Make sure you listen all the way through, for a special announcement! Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI See omnystudio.com/listener for privacy information.

In this Ask KT & Suze Anything episode, Suze answers your questions about fraud at TreasuryDirect.gov, investing in the company you work for, when it’s time to get a financial advisor and so much more. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

Everyone's got an opinion about money (especially the people with a book deal or a TV show). Some of that advice is useful. Some of it sounds better on a stage than it works in real life. Let's break it down.   Important Links: Website: http://www.yourplanningpros.com Call: 844-707-7381   ----more---- Transcript:  Marc: Everyone has got an opinion about money, especially people pushing a book deal or a TV show. And sometimes maybe that advice is useful and sometimes it's not, it works better on a sound stage than in real life. Let's break it down and have Tony react to some controversial financial takes here on Plan With The Tax Man.   Hey, everybody. Welcome into the podcast. This is Plan With The Tax Man with Tony Mauro, here in Des Moines professional alternative at Tax Doctor, Inc. Hanging out with me to do a little reaction type podcast this week, Tony, we'll get your take on some interesting hot takes from some financial talking heads out there and see what you think about it and practice in the real world. Because you see clients and help people every day and of course are governed and have rules that you have to follow where a lot of these talking heads don't, they can say whatever they want. We'll talk about that a little bit this week.   How are you doing, buddy?   Tony Mauro: I've been doing good. As were taping this, we're getting into our tax season so getting busy with a lot of new tax changes and whatnot that's hitting everybody.   Marc: Yeah, a lot of changes with the OBBBA. You got to be on your toes, right?   Tony Mauro: Mm-hmm.   Marc: And we talked a lot about that on some of the prior podcasts.   Tony Mauro: We did, yeah.   Marc: Yeah. If you guys aren't a little sure about some of those things, make sure you go check those out and you can find us at whatever podcasting app you like, Plan With The Tax Man. Just type that in the search box or just go to yourplanningpros.com. But if you need some help, of course, reach out to Tony as tax season is upon us again at yourplanningpros.com.   All right. My friend, let's dive in and have some fun with these.   Tony Mauro: Sure.   Marc: All right. You're probably familiar, maybe a lot of our listening audience is with Robert Kiyosaki. A number of years back, he wrote Rich Dad, Poor Dad. Really good book, actually. Quite helpful.   Tony Mauro: [inaudible 00:01:51] yes.   Marc: Yeah, quite helpful for a lot of people. But he's since gotten a lot more aggressive and interesting in some of his stances and takes. And again, a lot of that is the demographic I think he's marketing himself to and pushing and things of that nature. But let's talk about this take here more recently. He said people shouldn't work for a company and save in that retirement plan, instead should launch their own startups or maybe buy gold, silver, and Bitcoin, or all of the above. At the time we're talking, Tony, it's early February and gold and silver and Bitcoin, we're doing pretty good last year and earlier into the year this year, but not so great right this minute. At the time we're talking, there was a recent 30% downturn in gold and silver so that didn't age so well.   Tony Mauro: No. And I think it's interesting you pick this one because I have read his books and I think by and large the Rich Dad, Poor Dad, especially the Rich Dad, Poor Dad Cashflow Quadrant are great books for people. And this strikes me because... Don't get me wrong, I like people being in business for themselves. We serve a lot of those businesses.   Marc: Absolutely.   Tony Mauro: And the tax planning and accounting capacity and the financial end as well.   Marc: But I bet they got their own SEPs and things, they've got their own retirement accounts they're doing.   Tony Mauro: We've got them in almost anybody that will listen and take us up on it, whether it's through us or somebody else. Yes, they have their own retirement plan of some kind.   Marc: Yeah. Not saving in a retirement plan just seems crazy, especially if you are working for somebody else, Tony. Because if nothing else, take the free money.   Tony Mauro: It's free money. And that's exactly it, it's free money if you're working for somebody else. I think depending on who he's trying to market this measures to, not everybody is cut out for having a business for themselves. They may be good at it but they don't... A lot of them tend to get themselves into trouble, whether it's tax-wise or lack of planning, lack of cash flow, that kind of thing, let alone the headaches. Again, I love small business. It's my favorite thing so it's somewhere deep in me. I say, I get it. I get what you're saying. Yeah, I think everybody should work for themselves but not...   Marc: Everybody doesn't have the right temperament though.   Tony Mauro: They don't. They don't. They don't have the right temperament. And I definitely think if they're working for themselves or if they're working for a company, they should be in a retirement plan of some kind.   Marc: Yeah. And to just invest in gold, silver, and Bitcoin, come on, that's crazy. Have some if you want but...   Tony Mauro: I agree. That goes against every financial prudent planning aspect that I know of, that's some diversification...   Marc: 150 years?   Tony Mauro: Yeah.   Marc: Right.   Tony Mauro: Like you say, you can have some but I think you've got to have some diversification, you got to have a plan. I'd love to hear what his rationale for that.   Marc: Well, I've watched some shorts and some reels he's had out there recently. And I do think he's targeting the younger generation right now, this kind of mindset of we're not going to work 50 years for somebody and then retire, we want to make all our money in our 20s by being aggressive in technology and this, that, and the other. I think he's pandering a little bit to that crowd. Maybe not. Maybe he's totally on board with it. But it just seems like a big departure from some of his previous stuff.   Tony Mauro: It does. Yeah, it's a real departure from his books.   Marc: Yeah. Anyway, interesting hot take there. Look, if you want some gold and some silver and some Bitcoin, hey, cool. Talk with your advisor about that, make sure being prudent though to Tony's point. Don't get crazy.   We were joking the other day. I was talking with an advisor, Tony. The Dow just hit 50,000 at the end of last week at the time we're taping this for the first time ever, right? And the comment was, "Hey, the Dow hit 50,000." And somebody goes, "Yeah, so did Bitcoin." Of course, it started at 100,000.   Tony Mauro: Right. Right.   Marc: Because it's not had a very good couple of weeks.   Tony Mauro: No. And that just goes to show you the volatility there.   Marc: Massive, yeah.   Tony Mauro: Yeah. Having all your eggs in those three baskets, definitely very aggressive.   Marc: It could be, for sure. Yeah. All right. Let's go to a different take here from Suze Orman, host of Women and Money, recently suggested and this is... If Robert was getting a little crazy and aggressive, Suze is maybe getting a little too conservative. Tell me what you think about this, Tony. She suggests retirees set aside three to five years worth of living expenses. Not six months, right? Not three to five months. Just in case bank accounts crash or stock market crashes, things of that nature. Three to five years, a little too conservative? What do you think?   Tony Mauro: In my opinion, yes. I think that's far, far too conservative because assuming, again, if you're a retiree and you have a diversified portfolio, hopefully if you are in stocks that are high yielding, good quality individual companies. But most people don't have that, they have mutual funds and a variety of things. And even in a market downturn, if you look at 3, 5, 10-year periods, there's not very many that last very long. And if you take it in 10-year periods, there never is over the entire period so that seems very, very conservative.   And who in their right mind is going to take a large chunk of their portfolio and stick it in a 2%, 3% yielding vehicle when they're trying to live off of the income? I don't know where she's coming from with that at all. And again, these people sell a lot of books and whatnot. But keep in mind, I always like to point out that... And they have a lot of followers, they've made a lot of money. But sometimes if you're listening to some of this stuff, you might want to bounce it off your financial advisor as well, just see what they think because I don't agree with that one at all.   Marc: Yeah, it's a little too... And again, if you got... I don't know. I guess if you're worth $100 million, putting aside three years worth of money is a little easier than most folks, right?   Tony Mauro: Right. Right.   Marc: It's three years. I can hardly put side six or eight months, let alone three years worth. And again, interesting takes. And of course, these folks are talking heads out there in the landscape and pushing their books or their programs or things. And while technically, Tony, doing a podcast makes us a talking head, we're a smaller talking head.   Tony Mauro: True.   Marc: But again, you're in the trenches. You're a CPA, a CFP, an EA, you work with clients day in and day out. These folks don't do that so that's a little different there.   Tony Mauro: No. Yeah.   Marc: Kevin O'Leary and his amazing suits, his very colorful, interesting suits he wears. This one might be the most realistic, Tony, of everything on my list today. And this one is still a little bit too much, I think. But what do you think? He insists that if you don't know your net worth at all times, you're being irresponsible with money. He promotes constant tracking, optimization, and performance measurement.   Tony Mauro: Somewhat I agree with him because I do think you need to know your net worth.   Marc: Indeed.   Tony Mauro: Now, at all times and if you don't know it, you're irresponsible.   Marc: Constant?   Tony Mauro: I think that's a little extreme.   Marc: A little much. Yeah.   Tony Mauro: Yeah. But I think the point he's trying to make, if I'm reading it right, is you need to track your spending and what you own and what you owe so you do know your net worth because it is an important number. I wouldn't get so hung up on it day to day because you're just not going to be able to make significant changes to it. I think it's worth looking at with your financial advisor to see where it's headed on a yearly basis for sure. We do it with our clients. Every one of our clients, we go over that net worth. Did we grow it? Did it go backwards and why? And it's good to have that because at the end of the day, a large portion of that net worth is going to be your retirement portfolio, your investments. And so that's going to be what we're focusing on mostly.   But also in that net worth, we see a lot of times where we start to become almost a financial personal coach in that, "Hey, your net worth is not growing because you're spending more than you're making." That kind of thing. I think he has some good points there but I wouldn't focus on it. I would focus more with your advisor on the month to month, the bigger plan, and I think you'd be fine.   Marc: Yeah. And I think a lot of times people do hire a professional, Tony, because they don't want to track it every day and keep an eye on it and it stresses them out. But I think most people, we should know our baseline numbers, we should have a good idea of what's going on, our total net worth, what's coming in, what's going out. You want a good understanding. Even if you do have a financial professional in your pocket helping you out, you still want to have a good... What is it? A 10,000-foot view kind of thing. But I think micromanaging it down to that small of a level, maybe at some point in life. But I think as we get a little older, we're like, "Okay, I need to turn this over to somebody else to handle this because it's too stressful."   Tony Mauro: Right. Agreed.   Marc: All right. I got two more I'm going to do and it would not be complete doing this list without old Dave Ramsey. Dave is not shy and no stranger to controversial takes like cutting up credit cards or paying exclusively in cash. And obviously, Dave has got a huge empire, helps a lot of people, and actually has a lot of good things that do seem to work on the debt side. However, on this side, Tony, this might be a little crazy. He's challenging the rule of thumb, the 4% rule. He's advocating for 8% annual withdrawal for retirees who invest 100% in the market. If over time the S&P 500 yields a 10% rate of return, he says the money should then last you throughout retirement. And while on the surface, that makes sense, 100% in stocks for retirees alone just seems like way more nausea and sleepless nights than most people probably want.   Tony Mauro: I would agree with you. I've read Dave Ramsey's books, I think one of his best is the Total Money Makeover. As far as getting yourself started with planning, I think that's a great book for everybody.   Marc: And the snowball thing works great.   Tony Mauro: It works great. This, I would agree with you too. I don't agree with him at all there. I do like a little bit more aggressive withdrawal percentage than 4%, I like to use 5% with most of my clients unless they're very conservative. But 8% and all in stocks, that would be... I think as a fiduciary, that would just be wrong of us to even assume that unless the client comes and says, "This is what I want. I want nothing else." And it's up to us to say, "Wait a minute, that's too much." Because what he doesn't say here is, yes, over time it yields 10%. I would agree with that but that time period is a long time period. What happens if you've got all of your retirement portfolio, S&P 500 index, let's say, and we have an eight-year prolonged downturn? Will you run out of money? Probably not, but you will have significantly less. And if you're living off the income, well, then you either have to take less or get into the principal.   Marc: And he doesn't really talk about, "Hey, are you willing to cut that back on the down years and things of that nature?" Because adding a little context to that, Tony, to your point, somebody could be listening and go, "Hey, man, the market last year finished at 18%. The year before that, 20 something. The year before that, 20 something. The year before that, 20 something. Making 10 back and only pulling out 8 totally seems doable the last four or five years. Why not?" Sure, you're right. But what about the 10 years where we made nothing? What about a few decades back when there was what? 15 or 18 years where it made nothing, right?   Tony Mauro: Made nothing, right. I remember through 2000 to 2000 almost 10.   Marc: Oh, the lost decade. Yeah.   Tony Mauro: Oh, just a whole decade was gone. Let's say you were following this strategy then and that wouldn't have been too good for you.   Marc: You're pulling 8% out of a million dollars, you're pulling 80 grand out year over year, and it's not making anything back. Again, it's a little too much, I think.   Tony Mauro: I think so too. I think he might be just trying to generate a conversation there but I think he definitely got to put some context to that.   Marc: Yeah, for sure. And again, while technically the numbers technically do make sense, can you sleep at night with that much risk? And it flies in the face of everything for people... And again, the fact that he even mentioned it for retirees is what kind of... If he would have said people in their 30s or 40s, I could have maybe rolled with that. But people in their 60s up, that's a little too crazy.   Tony Mauro: I agree.   Marc: All right. Final one. You might have thought that might have been the wildest take but I'll save this one for last. The world's richest man, Mr. Musk, predicts that advances in AI, energy, and robotics will generate such an abundance of resources, Tony, that all individual retirement savings will become irrelevant in the future. On a recent podcast, he said, "Don't worry about squirreling away money for retirement. In another 10 or 20 years, it won't matter anyway." There's going to be this boom that is going to just bring riches to everyone and the thing is I actually think he believes it. I will give him the credit and the benefit of the doubt saying I think that he thinks these things are true, that he can make these things happen or they're going to happen or whatever. And kudos for feeling about that. But man, there is so many holes I can punch into this. First of all, Tony, what is your thought on will it even generate that sort of money? And then who allocates it? Who doles it out?   Tony Mauro: Well, that's what I was just thinking [inaudible 00:15:10]   Marc: And who do you trust to make sure they don't take it and give it to you?   Tony Mauro: Yeah, this is nirvana. I'm thinking, "Well, boy, if that's the case, sign me up."   Marc: Heck, yeah, sign us all up.   Tony Mauro: [inaudible 00:15:21]   Marc: But the history of human beings have... Is there any company, person, government, anything that you would trust to say, "Oh, send me my universal check every month so I don't have to do anything." I know that's the world keeps thinking we're moving towards that but we have to be on it. Who is going to really trust someone to do that first and foremost, right?   Tony Mauro: I agree. I just think that's... I didn't even know where he's coming from with that. I do think he believes it because I heard...   Marc: I do. I really do. Yeah.   Tony Mauro: But I just don't see how that's possible. Everybody that either... Let's say AI and energy and robotics have taken over everything, those are the people that are going to have... Who create that I would think are going to have the money and I don't know how that's going to be doled out to the rest of the people and why.   Marc: Well, you're talking about what? They've been kicking around that universal income for everyone kind of thing, right?   Tony Mauro: Yeah.   Marc: And if you're having a computer, if you're having AI dole out the money where so therefore humans aren't touching it, therefore it's deemed fair. I guess you could make those arguments. But at some point, it just seems... All right, 20 years from now he's talking. If you're 60 years old right now listening to this and you stop, right? You stop, saying, "You know what? Elon is totally right. He's going to pull this off. This is going to happen. I'm 60. I'm not going to save another dime for retirement for the next 20 years." And 20 years comes by and you're 80 and none of this came to fruition. Well, you're screwed.   Tony Mauro: You're screwed. Yeah, you're in real trouble.   Marc: And he's not on the hook for it.   Tony Mauro: No. I would say to everybody, you keep doing what you're doing, you plan like we're in this world right now.   Marc: Exactly.   Tony Mauro: And if something like this in your lifetime ever comes to happen, well then all the better. But I wouldn't bank anything on something like this.   Marc: And that's where I think the questions and the interesting thing comes into the speculation of investing, right Tony? That's where it comes back to, "Hey, look, if you want to get in crypto, if you want to have some AI properties, if you want to do some of these different things because you believe in this interesting future possibility. Cool, do that. But don't risk the tried and true things that have also worked for 150 years just in case you're wrong because there's you, there's your spouse, there's your heirs to think about." And so I think that's where we... We're in this interesting space where it's like, "I want to take some chances maybe." Or, "I want to be on some cutting edges." But let's still keep it within that speculative portion I guess, Tony, of our finances.   Tony Mauro: Yeah, very small. Very small speculative portion because that's exactly what it is. And you certainly don't want to, just like you said, risk your future on some of the speculation. Because some of it is out there and...   Marc: And it may be possible. It may absolutely be possible but it also may not.   Tony Mauro: It may be possible.   Marc: [inaudible 00:18:16] I'm still waiting on my flying car. I ain't got it yet.   Tony Mauro: I've got a client here locally, tax only, that has... He's the same way. He is invested in some Iraqi Dinari that he keeps saying that it's going to take off, it's going to be... He's been telling me this for 20 years and it's basically worth 3/10 of one cent. You don't want to get into that. I think it was a little flyer for him, I don't even know. But anyway, please consult with advisors before you do any of these kind of things and [inaudible 00:18:53]   Marc: And again, it's easy for the world's richest man to be like, "Well, if it doesn't work, well, whatever."   Tony Mauro: Yeah, whatever.   Marc: Well, he's going to fly off to Mars and not be responsible anyway.   Tony Mauro: That's right.   Marc: But look, good stuff, fun for conversation. And I think that's a piece too, I think as humans, we're always looking to try to move forward and do some things. And of course, sometimes we're trying to sell some stuff. And of course, even in Elon's case, he's trying to promote his robotics and his AI and get people on board. And the more people that are interested and on board, the better the chances of things happening and generating.   You always have to take stuff with a grain of salt and you could simply say, "Well, Mark, you're constantly saying, Hey, call Tony." Yeah, I am. I'm saying call Tony to get a strategy and a plan in place that works for your situation based on the things you've got going on in your life, and also they're backed by years of research and data. And there's no plan that's perfect but having a plan is better than having no plan.   Tony Mauro: That's right. I agree totally.   Marc: Yeah. Get yourself onto the calendar, have a consultation and a conversation with licensed professionals, CPA, CFP, EA. It's what Tony is for 30 plus years. If you need some help, find him online at yourplanningpros.com. That's your planningpros.com. We're going to wrap it up this week so thanks for hanging out with us here on Plan With The Tax Man, with Tony Mauro.   Tony, thanks for engaging and having some fun with me on this.   Tony Mauro: All right. We'll see you next time.   Marc: We'll see you next time here on the podcast.   Securities offered through Avantax Investment Services SM, member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services. Insurance services offered through an Avantax affiliated insurance agency. Investment strategies discussed in this episode may not be suitable for all investors. Please consult with a financial professional.

Most people struggle with personal finance not because they're bad with money, but because they don't know where their money actually goes. When finances lack visibility, control becomes impossible. In the first episode of The Money Reset series, presented by Experian, Hala Taha breaks down the link between financial awareness and wealth control. Featuring insights from trusted finance experts like Dave Ramsey, Suze Orman, and Jade Warshaw, this episode exposes common money blind spots and shows how to gain clarity so you can take back control of your financial life. In this episode, Hala will discuss: (00:00) Introduction (01:45)  How Fear Shapes Our Relationship with Money (04:41) Rational vs. Irrational Money Fears (06:53) Taking Control of Your Finances (09:07) Making Intentional Financial Choices (11:51) How to Identify Where Your Money Is Going (17:28) Spending With Awareness and Intention (20:21) The Meaning Behind Financial Goals (23:10) Taking Responsibility for Your Finances Experian is a global data and technology company that collects and analyzes financial data to help people and businesses understand and manage their finances. Through tools like subscription cancellation and bill negotiation, Experian scans linked accounts for recurring charges, helps cancel unused subscriptions, and works to find better rates on eligible bills. They help put money back in your pocket. Get started with the Experian App today. See experian.com for details. Sponsored By: Experian: Put money back in your pocket by canceling unwanted subscriptions and lowering eligible recurring bills. Get started with the Experian App. See experian.com for details. Resources Mentioned: YAP E261 with Farnoosh Torabi: youngandprofiting.co/E261 YAP E380 with Jade Warshaw: youngandprofiting.co/E380  YAP E200 with Suze Orman: https://youngandprofiting.co/E200  YAP E344 with Dave Ramsey: https://youngandprofiting.co/E344  YAP E299 with Jean Chatzky: https://youngandprofiting.co/E299 YAP E245 with Tori Dunlap: https://youngandprofiting.co/E245  YAP E220 with Ramit Sethi: https://youngandprofiting.co/E220  Active Deals - youngandprofiting.com/deals  Key YAP Links Reviews - ratethispodcast.com/yap YouTube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new  Disclaimer: This episode is a paid partnership with Experian. Sponsored content helps support our podcast and continue bringing valuable insights to our audience. Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Wealth, Stock Market, Scalability, Investment, Financial Freedom, Risk Management, Financial Planning, Business Coaching, Finance Podcast, Saving

Back from the holiday break and Clark's financial situation is becoming a real problem. Between mysteriously losing (and finding) Apple TVs, paying too much for downtown Dallas living, and making questionable money decisions, it's clear someone needs to call in the TikTok finance guy for an intervention. The crew debates whether Clark should reach out to Caleb Hammer, Suze Orman, or just move into his car for a bit. MZ also hands out awards for his favorite things of 2025. Best restaurant, best podcast, best creators, and best TV show all get recognized. Plus Universal Studios Fanfest gets scrutinized for their Scooby-Doo and Universal Monsters lineup. Is it even worth the trip? Welcome to 2026! Shorter episodes, more often. New format starts now. Get more show at MZNOWWatch the full episode on YouTube:YouTube.com/@michaelzavalaFollow the Guys:Michael Zavala @michaelzavalaEric Star @mrericstarClark @justsimplyclarkFollow the Show:Instagram: @mznowtvwww.MZNOW.tvProduced at mzStudiosmzStudiosDallas.com

In this Suze School, Suze explains why it’s better to be patient and wait out the stock market, versus getting out when dips occur. By being patient, the long term benefits really come through and your wealth can increase. Plus, Suze announces a great new way for people with larger amounts of money, to protect what they have. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this episode of Ask KT and Suze Anything, Suze answers your questions about inheritance, debt collections, buying a home when one is in their 50s and so much more! Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

In this Suze School, Suze talks about how uncertainty and confusion, from volatile markets, questions about interest rates and general unease about what’s happening around us, may lead to making bad decisions with our money.Suze breaks down why AI and semiconductors are not a bubble, and why it’s important to stay calm, invest with intention, and not let fear derail our financial foundation. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI See omnystudio.com/listener for privacy information.

On this episode of Ask KT & Suze Anything, Suze answers your questions about Roth conversions, where the best place to own gold might be and leaving property to children. Plus, Social Security benefits after an annulment and more. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

On this Suze School, Suze explains the difference between a V-shaped, U-shaped and K-shaped recovery. She teaches us what to do if we’re on either of the K arms and what steps we can take to either stabilize or improve our financial situations. Check out Suze’s NEW website: SuzeOrman.com Watch Suze’s YouTube Channel Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbHCLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

This week, Angela discuss the real value of a million dollars in retirement and how to approach financial planning in a personalized way. She emphasizes that financial advice should not be cookie-cutter and must consider individual circumstances, risk tolerance, and future goals. Key Takeaways

This episode sees David McKnight look at Suze Orman, who, despite being one of the most widely recognized financial voices in America, shares what appears to be incomplete advice. David believes that Orman has done a lot of good for a lot of people thanks to her financial discipline-centered approach (in addition to being a big proponent of Roth IRAs). He agrees with Orman: "Roth IRAs are powerful, no doubt about it. You contribute after tax dollars, your money grows tax-free, and, provided you meet the requirements, you can withdraw those funds in retirement 100% tax-free".  The U.S. is currently at historically low income tax rates and, thanks to the One Big Beautiful Bill Act, they have been permanently extended. However, David shares that, when it comes to the IRS tax code, there's no such thing as a permanent extension. David's pet peeve with Orman: getting money into Roth IRAs now (while tax rates are low) isn't something that will truly protect you from rising tax rates in retirement. That's because a Roth IRA by itself isn't enough. In his book The Power of Zero, David advocates for a balanced, comprehensive approach to tax-free retirement that draws from six different streams of tax-free income. David goes through the six strategies and explains why you need each and every one of them if you want to land in the 0% tax bracket in retirement.     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman OBBBA (One Big Beautiful Bill Act)

David McKnight focuses on three of the biggest names in personal finance – Dave Ramsey, Suze Orman, and Ken Fisher – and why you should be careful with following their advice. David emphasizes that anyone trying to wring the most efficiency out of their retirement savings should focus on advice that's backed by math… not soundbites. While David Ramsey is the right person for people who are making less than they are spending, the same can't be said for his retirement planning advice. For instance, he claims that 100% of cash value life insurance sucks 100% of the time.  For David, whenever someone gives you advice that claims it should be applied 100% of the time, you should run the other way! Remember: there's no financial strategy that works for everyone all the time. According to an Ernst & Young study, by contributing 30% of your retirement savings to an IUL, you'll dramatically increase your income in retirement over a stock market investing alone.  Citing E&Y, David explains an approach that shields you from the sequence of returns risk and that has a 95% chance of your money lasting as long as you do. David points out that most Americans don't have thousands of dollars lying around in savings accounts just to pay the taxes on a Roth conversion… David sees Dave Ramsey as someone who gives basic advice for people with basic problems and whose advice could potentially be catastrophic if you want to shield your retirement from higher taxes. When it comes to Suze Orman, David looks at her recent advice of keeping 3-5 years worth of living expenses in an emergency fund in retirement. While Orman is trying to safeguard against sequence of returns risk, she seems to be forgetting about inflation eating away at your purchasing power. As David shares his dislike of Orman's advice, he touches upon a resource that can double your sustainable withdrawal rate from 4 to as high as 8%. Ken Fisher, on the other hand, has become the face of the "anti-annuity crusade". The problem with Fisher's approach? He's primarily referring to variable annuities, completely disregarding fixed indexed annuities (which are a totally different animal). David discusses how replacing bonds with fixed annuities "can increase your returns, lower your risks, and give you a better outcome over time." Beware of financial gurus saying "I hate annuities", "100% of life insurance sucks 100% of the time", or "never pay taxes from your IRA"! In his latest book The Guru Gap, David takes a deep dive into the flawed logic of financial gurus, and gives the full story with the math, the context, and the strategies they conveniently leave out in their content and speeches.     Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Dave Ramsey Suze Orman Ken Fisher Ernst & Young

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at:⁠ OLDPodcast.com⁠. Episode 3341: Kiersten Saunders unpacks the emotional toll of financial transition, exploring how fear of spending, even after achieving financial milestones, can mirror imposter syndrome. Through raw self-reflection and everyday moments, she reveals the deeper psychology behind money habits and how learning to trust yourself with your own success is a crucial step in financial independence. Read along with the original article(s) here:⁠ https://richandregular.com/my-fear-of-spending-is-a-form-of-imposter-syndrome/⁠ Quotes to ponder: "Instead of letting my fear of spending beaucoup money take me down a path of scarcity, I am choosing to reframe my circumstances." "It's easier to ignore short term impulses when you know there's something greater later." Episode references: Suze Orman:⁠ https://www.suzeorman.com⁠ FinCon:⁠ https://finconexpo.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at:⁠ OLDPodcast.com⁠. Episode 3341: Kiersten Saunders unpacks the emotional toll of financial transition, exploring how fear of spending, even after achieving financial milestones, can mirror imposter syndrome. Through raw self-reflection and everyday moments, she reveals the deeper psychology behind money habits and how learning to trust yourself with your own success is a crucial step in financial independence. Read along with the original article(s) here:⁠ https://richandregular.com/my-fear-of-spending-is-a-form-of-imposter-syndrome/⁠ Quotes to ponder: "Instead of letting my fear of spending beaucoup money take me down a path of scarcity, I am choosing to reframe my circumstances." "It's easier to ignore short term impulses when you know there's something greater later." Episode references: Suze Orman:⁠ https://www.suzeorman.com⁠ FinCon:⁠ https://finconexpo.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at:⁠ OLDPodcast.com⁠. Episode 3341: Kiersten Saunders unpacks the emotional toll of financial transition, exploring how fear of spending, even after achieving financial milestones, can mirror imposter syndrome. Through raw self-reflection and everyday moments, she reveals the deeper psychology behind money habits and how learning to trust yourself with your own success is a crucial step in financial independence. Read along with the original article(s) here:⁠ https://richandregular.com/my-fear-of-spending-is-a-form-of-imposter-syndrome/⁠ Quotes to ponder: "Instead of letting my fear of spending beaucoup money take me down a path of scarcity, I am choosing to reframe my circumstances." "It's easier to ignore short term impulses when you know there's something greater later." Episode references: Suze Orman:⁠ https://www.suzeorman.com⁠ FinCon:⁠ https://finconexpo.com Learn more about your ad choices. Visit megaphone.fm/adchoices

David McKnight compares the approach of some of the biggest names in personal finance: Suze Orman, and William "Bill" Bengen (the man who invented the 4% Rule). In a recent interview covered by MSN, Suze Orman declared flat out that the 4% Rule is dead since markets are volatile, interest rates fluctuate, and people are living longer. David shares the "origin story" of how the 4% Rule came to be – and its creator Bill Bengen. Interviewed by MSN, Bengen updated his research and concluded that, based on current data, a 4.7% withdrawal rate is now sustainable. David compares Orman's views on the 4% Rule with those of Bengen. As explained by David, when you purchase a guaranteed lifetime income annuity, you're transferring a portion of your retirement savings to an insurance company in exchange for a guaranteed paycheck for life. Remember: not all annuities are created equal – that's why you need to understand fees, credit ratings, inflation writers and surrender periods. Mentioned in this episode: David's new book, available now for pre-order: The Secret Order of Millionaires David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement by David McKnight DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman William Bengen

Suze Orman says we should have 3-5 years of cash equivalents available when you retire. Michael Higgins and I disagree. Listen in as we discuss the concept and dive into fundamental concepts like how to decide if you have enough money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Money anxiety isn't solved by more zeros. Learn why your nervous system still braces for collapse — and how identity-level recalibration creates lasting financial peace.Why do you still feel unsafe, even when the numbers say you should be fine?For high-capacity humans, money anxiety often outlives the circumstances that caused it. The nervous system stores financial fear the same way it stores trauma. Which means even after provision comes, your body may still brace as if collapse is inevitable.In this episode of The Recalibration, Julie Holly unpacks how money anxiety is more than financial — it's physiological. Through her own story of rebuilding after the 2008 crash, she shares how even seasons of abundance were haunted by fear, and why the nervous system carries old stories forward.You'll also hear about Suze Orman, the financial expert who openly admits that scarcity scripts lingered long after her success. Her story reveals what many overlook: provision doesn't bring peace if the body is still bracing.In this episode, you'll discover:Why money anxiety lingers, even in abundanceHow your nervous system tags financial fear as survivalWhy strategies like budgeting and visualization often fall flatHow ILR differs from trauma therapy: addressing identity so healing can lastA practical 3-step practice to begin rewiring your nervous system's relationship with moneyWhy alignment, not accumulation, creates lasting safetyToday's Micro Recalibration:“What story is my body carrying about money — and what new truth could my body learn to believe?”If money anxiety has been stealing your peace, this episode reminds you: you are not broken. You are human. And your nervous system can be rewired through identity-level recalibration — the tool that makes every other tool effective.If this episode gave you language you've been missing, please rate and review the show so more high-capacity humans can find it. Explore Identity-Level Recalibration→ Follow Julie Holly on LinkedIn for more recalibration insights → Schedule a conversation with Julie to see if The Recalibration is a fit for you → Download the Misalignment Audit → Subscribe to the weekly newsletter → Join the waitlist for the next Recalibration cohort This isn't therapy. This isn't coaching. This is identity recalibration — and it changes everything.

ROI Podcast—the business show that doubles as a comedy roast—returns with Law Smith and Eric Readinger riffing on TikTok, attention spans, and why horoscopes are basically astrology's version of fantasy football. This episode tackles: TikTok's addictive algorithm vs. China's “education-only” version. Why social media feels like narco-terrorism for your brain. The trader who used TikTok comments to turn $84K into $42M. Comedy, drag shows, group dances, and why dudes just don't vibe with them. A DIY college fantasy football league idea that could flip into billions. If you like your business podcasts with more laughs than LinkedIn posts, hit subscribe and join the world's #1 comedy-business podcast.   Eric Readinger  0:02   Okey, dokey, Law Smith  0:06   Whoo, yeah, ah, I wear, I wear my DMX goggles, yeah. I mean, this is, like, the why is that? DMX, no, but it's like a guy. This is Malibu's Most Wanted. That's what this guy sounds like. Eric Readinger  0:27   Yeah, maybe I don't know. He's not real. So can to be whatever you want him to be in your mind, Law Smith  0:32   so he is. So I'm right, yes, you're right. I'm gonna do this like a chick, yeah, see, I'm right, Eric Readinger  0:36   right, because I can't be proven wrong. I'm right. Law Smith  0:40   I was telling a friend, it made me underthink, like dudes, it's much, much better Eric Readinger  0:46   life. Uh huh, yeah, not everything you think is right. Law Smith  0:52   Well before this turns into no man from Eric Readinger  0:55   your children's club. Law Smith  0:58   You know, we can only call that shit out because we empathize with that play. Welcome to ROI podcast, because this is the number one comedy business podcast in the world. Sometimes we talk about emo stuff like Eric Readinger  1:12   that. Oh yeah. Are we gonna get into it? Nah. Law Smith  1:15   Oh, come on. No, no, no, it's too fresh. Too fresh, okay, fresh wounds. But I did. Eric Readinger  1:23   I'm gonna go ahead and just point out the echo Enos. That's my bad when we rip Law Smith  1:28   it up the floor in the studio, fix it in post. We got some tools. Well, hey, man, we should tell everybody, because I like giving resources out. I'm the Suze Orman of digital resources. That's what I want to be. What? Yeah, Adobe has a podcast Audio Enhancer. It'll take out background noise. It'll take out we have a little buzz I could hear right now that we had two episodes ago or an episode ago that it took outably your headphone. No, when I listened to it later. One of the previous episodes we Eric Readinger  2:02   did. Okay, this is definitely the kind of entertainment people want to hear. Well, maybe Law Smith  2:06   I'm just saying, if you have audio you need to clean up. You can, it's for podcasts, they say. But you could probably use it. If you had audio you needed to clean up, like in a loud room or a conference or, you know, any kind of meeting or something, you can right? But I just like the easy, you know, drag and drop it in, boom, come back out. Five minutes. Eric Readinger  2:24   You're good, yeah, AI is great, loyal part. Law Smith  2:29   But like it, it AI, the LLM, you know, those language learning models of like Chad, GBT and Claude and perplexity, large Eric Readinger  2:39   language, excuse me, what did I say? Learning? Used to Law Smith  2:45   whatever rewind I got. There's too many acronyms in my head or abbreviations, but it's one of those things where it it's a whole to do, like you have to know, how do you hold to do? What happens was. And I think everybody's having this issue, I kind of try to push through it, because I know that outcomes of what you want to get out of it, like, organize this document for me. Like, instead of me having to do it, that's great. That's like, I love that part of it, right? And that's intuitive. But there's some things that aren't intuitive on how to talk to it. Yeah, nicely, you can be mean to it. I don't know if it affects it. Eric Readinger  3:29   Well, not yet. You go on their list, their robot Law Smith  3:33   list, that's fair. So you know, I would just say I like the easy things like that. Like, for this podcast I'll use, there will be a word counter that sem rush, I think, has out there that's just its own website. You can drop a whole paragraph in. It'll pull the keywords for you if you want that are most important. It'll, you know, do stuff like that. I like those kind of little tools. And if we do anything on the show, if we're if we add any value besides our guests wisdom that come on the show, we show you how to be a tool. It's some resources to be a tool. Perfect Circle, exactly. Good album, yeah. You know, I don't know if I want to get into the fantasy football stuff. Eric Readinger  4:19   I know. I mean, I thought we were gonna talk about something else, I'll tease it. Law Smith  4:23   Well, we were, you and I off air. Were bitching about tick tock and how I don't think either of us really like Eric Readinger  4:30   it. I don't ever go Law Smith  4:32   into talk well, I don't, I don't like I don't like reels, I don't like show. I don't unless I'm like, going to Eric Readinger  4:39   look for something, right, right? It's not, we weren't talking just about Tiktok what? Law Smith  4:43   But I mean, Facebook reels, when I open those apps, it's like, abrasive with the video. You know? It's like, oh, sometimes the sound is like, way high, like an old TV commercial where the audio is like, doesn't that still happens, right? And it's so. Well, it's like, when I open up those apps and it goes right to video, it's like, oh, and I'm usually already listening to something, right? I've realized that's on me a little bit as far as like, I don't, I'm not people send me videos. I'm like, I'll get to that later. And I just never, yeah, I know it a lot of the time, but that's not because I didn't want to watch it. And I do like that. People will send me stuff. They go, Oh, they're thinking of you. They go, Oh, it's Eric Readinger  5:28   nice in general, to me, the interface is just a pain in the ass. Did you see the videos I sent you? Oh, you sent more than one. Oh, my God, gotta back out, because I go back in like, Law Smith  5:38   it's just stupid, and then I might be a comedy snob at the same time, exactly. And so that Eric Readinger  5:44   isn't funny. Isn't funny. Why are you sending me out? And then Law Smith  5:47   so I was kind of thinking about it, when we talked about it, like last week, just kind of shooting the shit. And I was like, Why does Tiktok kind of annoy the shit out of me? And it part of it. Once I found out that the Chinese algorithm for their people is wildly different than the one over here. I think that was my trigger point to go. I don't want to be on that. That. And at the same time, my mom, friends that are like our age in their 40s, they were telling me they're wasting two hours a night on there every night, and they're like, I'm so addicted. Like, when it was really popping. Like, you know, 2021 I don't know 22 we're not the first movers on this, but the laggard, older people, yeah, and so, like, I was like, I want that. I don't have enough time. I feel like, but you're Eric Readinger  6:41   acting like the Tick Tock algorithm is that much worse than any other social media algorithm. They're all doing the same thing. Law Smith  6:47   Well, I think they do they I think they do it the best it seems like. Because it seems like, yeah, maybe I don't know, man, just from general chatter I hear in my life. But also, when I'm listening, I listen to a dick loader comedy podcast all day, because, you know, marketing, marketing work is like, once you know how to do it, you can kind of be on autopilot a little bit. And so it's one of those things where the chatter is like, it is they have, they got it dialed in, they got you screwed in, buddy. And that's, that's, that's really, they're the best at Eric Readinger  7:27   it that. But it's like we're on neither of us are on it. To know if it's better or worse. I'm on it enough. I Oh, here we go. Now we get the truth. Law Smith  7:36   Well, I need to know, well, marketing, we're in marketing, so it's like, I need to know enough, right? And I need to know a user perspective of it, right? I can't. I usually just try to stick to, like, outside research, well, yeah. But I'm always like, I like, put it away, like, it's like, a Ebola virus or something, okay, you know, I'm like, Oh, I don't want, that's good. That's really, yeah, but I also like timely reference. So the thing was like, Yeah, it's like, the Black Plague. And so I think, like, when? But really when it was like, okay, the algorithm for China and the Chinese people definitely got some pro China stuff going on there, right? That's, that's just good marketing within the country, right? Educational outside of that, it's only educational stuff. Eric Readinger  8:29   Now here, what is the education about, Law Smith  8:31   like, science and like things of that nature, probably revisionist history, I'm sure. But I'm sure it has a whole glaze of propaganda over it, yeah, but at the same time they're doing that, but over here, they're like, let these dummies get dumber. That's what. That's my like, Eric Readinger  8:50   yeah, I don't think that's a wild No, that's not wild at all. I agree with you, and Law Smith  8:56   I compare it to Narco terrorism of like, you know, they say there's a lot of fentanyl that gives through Mexico from other countries to go up, up to the United States to kind of hurt, yeah, oh, no. This is, and that's happened on the Russian Eric Readinger  9:12   border without better than Narco terrorism, bro. Well, it's it. This is the Idiocracy. This is Lee, yeah, it's legal, right? Law Smith  9:19   And we and another bigger if we back, really back out, like the the future where everything takes over, like, you know, all agency is lost for people, right? And at 1984 it was about like, everything coming at people to take over society. We're willingly giving it away with our time data, you know? Eric Readinger  9:45   Yeah, we just keep letting them do whatever. You know, it's man. It sucks. So older I get, the more I'm like man they are. They are probably trying to control Law Smith  9:55   us. Look, it's not all bad. But as our buddy in the. Uh, all star guest, Dean Akers, who's, come on, he's, I'm surprised when we had breakfast the other day, he didn't bring it up. But because I think he's brought it up every breakfast we've had the last, you know, two years, he goes, You know what the new cigarettes are? And I'm like, what? And he's like, it's the bone. And I'm like, I know that one. I actually can answer right? When he is a teaching, he's a he's a teaching kind of mentor, yeah? Eric Readinger  10:28   So like, when Dean comes on here, and he'll ask us questions, and then we get all nervous and try to think of the right answer, and then one of us gets it right, and the other, he does the same thing at breakfast. And we the same way in real life. He's no different, yeah. We act the same way. Law Smith  10:41   So he keeps score, but he that's like, his favorite, you know, kind of angle, and he's right, because he, he was telling me people were wasting two hours as well. And I was like, whoa. I mean, he, he looks up Eric Readinger  10:54   that stuff. Yeah, that's not even now. That's, I thought that was obvious. Law Smith  10:58   Is it all bad? No, it it provides entertainment for people, right, right? You can get information from it. I just don't know how I feel, like you, like we talk about with news outlets, we'd be doing a lot more work to figure out if, if this, this thing on my feed, is actually true. But most people don't take that extra step, including myself, and a lot of the times just go, oh yeah, that's okay, right? Just move on, Eric Readinger  11:27   right? I think they annoying, most annoying dances I even get to that the dances, they're not as annoying. I don't think the food food, try this viral. Try this viral recipe. First of all, if that's obviously throwing a word viral into all the food, right? It's viral. It's viral. Whatever chocolates you know, like you, but the way they do the thing is, like, here, let me do a quick, sharp, snap, cut all, like, of the ingredients that you gotta, like, pause your phone. Like, they don't give you any measurements on what you're doing. Like, there no, it's just like you barely kind of got to guess what they're doing. And yet, there's still people are still trying Law Smith  12:06   to do it. I went on a mom date. I had to go on a date with my mom for lunch once a month. Law loves mom. I love my mama and and she was saying, I was I was saying the same thing. I was like, I don't like any recipe online that doesn't give you the ingredients first. I know that's because that's another bunch into it. And you're like, I don't have, oh, fuck man, I don't have basil. I don't have that kind of basil here. No. But I Eric Readinger  12:34   mean, whatever happened to the websites that just give you the recipe? Well, you'll have to write a fucking Law Smith  12:39   story about it. They're all trying to game it. So, like, they know that's going to be too boring, and people don't want to see that at the beginning. But when you really, actually want to use the information for recipe, and you don't know, I don't I, admittedly, I'm not. I don't know offhand how to bake or cook really well. I can grill, okay, right? But like, I look everything up and just follow whatever the directions are Eric Readinger  13:04   exactly. And when the directions start with, I remember when I was nine years old, it's like, what are you doing, right? I don't even, I don't even see them. Where are you taking me? Yeah, bro, it's a whole thing. Everybody's got to get their SEO in. Law Smith  13:17   So 25% of the users are 18 to 2425 34 is about 30% and our swing and Dick group is about 20 Okay, I just, I wanted to pull some stats up, because I was like, I was curious how really even spread. So it started in 2016 and it's become this. It's grown quicker, more more adopted users, more daily active users than any of them in such a short amount of time. That seems suspect to me, right? Because I was like, how did it grow like that? And I can't get any of the any of the AI apps to tell me Eric Readinger  14:00   really, I know, I think there's absolutely, well, whether it's an app or a person like that, get propped up and put in the spotlight and be made to be, you know, a household thing. It's like we were talking about like a guy like Sean Ryan. Yeah, who the fuck was Sean Ryan before he started getting every top tier podcast guest, yeah? Like, yes, I understand he Law Smith  14:27   was, you know, he was a journalist. He was, he Eric Readinger  14:31   was a counter Intel guy. Law Smith  14:33   Wait, whom? I'm thinking of, the hot wings guy, the hot ones guy. What's that guy's name? Who gives a shit? Now, I'm thinking of Sean Kelly, but, all right, who's Sean? Who Sean? Eric Readinger  14:48   What? Sean Ryan? Law Smith  14:49   There Is he cute. He's a bald headed man. Well, I mean, there's so many audiences we don't know about. There's so many like popular things. Like, when people come up to you, especially like comedy, you think you have a finger on the pulse. Like, you ever heard of this guy? He has a billion people that follow on me. Like, never heard of him? Eric Readinger  15:10   No. I mean, 4.8 3 million subscribers, right? Law Smith  15:14   I don't know if I even know this guy. Well, I thought you were talking about the hot ones. Guy off air. Eric Readinger  15:19   I mean, you just see he's got, you know, Law Smith  15:23   he's is, Eric Readinger  15:25   uh, sets. Let's see if I can imagine being able Law Smith  15:30   to build up. My God, how unprofessional. Whatever you don't do premium down, um, Eric Readinger  15:36   but anyways, I think there's guys that just like, get put into the spotlight to push a narrative, you know, like, just get certain people on there. Like, we're gonna give you a bunch of money for marketing because, like, somebody like, I just don't have no problem with the guy, Sean Ryan, he killed me in the sleep. But like, I don't necessarily think he's a great interviewer, or, like, has a fantastic recall of information, or anything, you know, Law Smith  16:07   well, that doesn't mean, I mean that it's entertainment at the end of the day. So it's Eric Readinger  16:13   not easy. Like, there's just a couple of them that are puzzling to me. Law Smith  16:17   He created and show ran several. Oh, that's, I think that's a different guy. That is absolutely a different guy, former Navy SEAL in CIA, contractor. So that's pretty interesting. Right off the Eric Readinger  16:29   bat, exactly what I'm saying, bro, and then he just jumps into the spotlight like Law Smith  16:34   that. No, okay, so there are, if you're talking about, like, podcasts, where there's, like, how did uh, these podcasts land on the top 10 list? It's like they have PR for that now, it's like you pay to get on that shit. Eric Readinger  16:50   Sure, I understand that. I'm just saying there's certain ones that I hear them and then just the way they are. It's very fishy. Law Smith  16:57   He, uh, became a CIA contractor enemies, so maybe had some cash to spend from that. Yeah. And then founded vigilance elite and 20 vitamin company to teach tactical skills to civilians law enforcement. So maybe money, some money there. If you have money, you can, you can, you can get that many people, even Eric Readinger  17:20   if you suck. Well, anybody who's been in the CIA, but not Law Smith  17:25   us, we're doing it lean on purpose, right? Yeah. So you got, or even it's for this is brought to you, for viewers like you. I don't have that the end of PBS stuff Eric Readinger  17:39   when they play best, get damp. Sure that's the right sound. Law Smith  17:43   Whenever where they go. This TV show, this program, is brought to you by and they give a bunch of, oh, I got it. I got the reference. But, and then they'd say viewers like you at the end, Eric Readinger  17:54   yeah, I know. Did you get it? Yeah, I still get it. Still get it. Law Smith  17:58   I tried to get back to tick tock. I tried to get the list of words that will demonetize you or give you, oh, let's read those aloud. I've wanted to, that was what I was gonna do. I was just gonna start reading them without with no segue into it. But I can't get them. I can't get a list of them. It's like, secret. Eric Readinger  18:17   Well, I know the kids. Oh, visit. Is it one? Well, you can't talk about that. Can't talk about unaliving yourself. Law Smith  18:25   And Tiktok, I think, is the most prude out of all of them. Like you can't say sex, you say SIGs with, like, eggs with an S on right? Yeah, or the one on YouTube, and Tiktok is on alive yourself instead Eric Readinger  18:42   of, did you hear me just say Law Smith  18:44   that? Oh, no. Okay, good. Eric Readinger  18:46   You see how this podcast goes. Everybody, I kind of do my own show over here. Law does his own show over there, and then we meet in the middle at the end. I'm trying, Law Smith  18:54   yeah, yeah, yeah. It's interesting. Well, I'm trying to read some notes. I think we were talking at the same time for a full minute at one point when today, just a couple minutes ago, very possible. So what I don't like about that is, like, self censorship of stuff. But you know, it's not all bad, I guess, because there's so many kids that have accounts and they're on there the dance dances have never like, unless it's like, a bunch of people are never like, Wow, what a cool dance. I think it's interesting. I think it's I respect like a dance group that does something pretty, you know, difficult, synchronized. I feel like that is a female thing. Big time is like, I got a dance. I got, I got it hit me, Eric Readinger  19:46   right, right? Law Smith  19:48   I know I misogynist lately, so I'm just gonna lean into before, yeah, no, I'm saying like that. Okay, so group dance. Yes, moves, I'm gonna go with horoscopes. In, like, astrology, these are all things I don't know a straight man that is into any of this in drag queen shows, yeah, well, people are like, it's hilarious, and you're like, a half second, maybe at best. Okay, I'll there one straight male that enjoys any of those three things. Eric Readinger  20:27   Okay, well, hold on, on the dragon shows, there is an element that can make it fun. That is, if you have another dude in your group who's very uncomfortable with the situation, sure, yeah. And we obviously let the drag queens know this, you know, you tell them, hey, focus in on him. Yeah, it's going to be funny forever. But I give you credit Law Smith  20:47   for you having the friend, bring in that friend, or making that friend go kind of right. I'm not, I don't know. It's just like, I mean, this is obviously, it's Eric Readinger  20:55   not like, I came up with the idea. I'm saying, like, if you're forced to go, you can make the best out of it, yeah, by making your friends uncomfortable, yeah, Law Smith  21:04   at the same time, like dudes, I'm trying to, I try to be open to that those kind of things when they're brought up, I try not to just shut it down kind of right away. Eric Readinger  21:15   You know, what kind of things, Law Smith  21:17   stuff that has zero interest to me. And I extrapolated out to I'm like, do I know any men that like actual men that like this stuff? Yeah, straight guys like myself, but yeah, Comparison is the thief of joy. So try to be open to it. I don't know everything, and there might be a funny drag show out there. Eric Readinger  21:42   I'm not, yeah, but again, I'm not trying to go to drag if you're forced. Law Smith  21:46   Well, I've been, I've been to a lot of drag places because of comedy, and it's like, I've seen it. You get to open with Eliza Manali, and you're going to close the share. Eric Readinger  21:58   I don't get it. I don't get how it's so much a thing. Law Smith  22:03   So what else did I have on here? Look, we don't even have a Tiktok account for this podcast, which is pathetic. So we'll this, hopefully this will help. Here's one thing I found that was interesting. There was an entrepreneur trader that followed all the comments on Tiktok to find trends before people on Wall Street could find out about them. So he would spend four hours every night analyzing comments to find out what people were talking about. Okay, and then he would find that trend, and he he put a trade in on that company before it really popped to like older Wall Street people, and he fucking crushed it. Guy's name is Chris Camillo from from Texas, and he turned $84,000 into 42 million by just finding trends before they really pop to the general public, the older public, you know, Eric Readinger  23:06   yep, but I see that he turned $84,000 into whatever. No, I mean, that's just like, what's his face? Law Smith  23:16   Here's here's a good example. So Hollywood insider predicted Margot Robbie last the Barbie movie, right? So he sees all the Tiktok comments about the Barbie movie buzz. He puts a bunch of trade on Mattel stock because it's gonna, it's gonna go through the roof, because it's gonna be a legit movie, right? And crushes it with that kind of thing. I think ozempic was another one, or one of the weight loss drugs. When people were starting to do that and talk Eric Readinger  23:47   about it, it doesn't seem like four hours a night is necessary for that. Law Smith  23:52   Well, obviously he's obsessive about it. But it was one of those things where, what did I go? It was obviously, like obsessive and by the way, slime was the other one that that's like genius. If he was reading comments, I doubt he did it four hours a night. By the way, this is Eric Readinger  24:09   what I'm saying. I have four hours. I didn't vet I didn't vet this whole thing, mental thing. Law Smith  24:13   Maybe I didn't vet it out. And I'm sure he figured out how to get a bot to sweep and look at all this stuff. But kids obsessing over slime, and then, so he bought, he bought a bunch of Elmer, elmer's Glue stock, like shit like that. That's pretty awesome. Why is that? Because that's what makes up slime. Of a lot of that, okay, Eric Readinger  24:37   but they're using it for glue. Law Smith  24:40   No, you put you Elmer glue is one of the ingredients in slime, Eric Readinger  24:44   but they're not making the glue. They're not taking Elmers glue and making slime out of Law Smith  24:49   it. A lot of kids were making at home, yeah, including my own kids, I see. And then I had to have a no slime rule at my house, Eric Readinger  24:58   yeah. No. The parents like the slime. I'm fuck that shit. Well, it just, it gets everywhere. It never comes off. Law Smith  25:04   Yeah, it's like, Slimer from Ghostbusters. It leaves, like, residue Eric Readinger  25:07   everywhere, snail trails. Yeah, yeah, fucking Law Smith  25:11   first. Oh, but have I brought this up Ghostbusters? I got a lot of people that don't like cops, but they love Ghostbusters. And I'm like, You're you're backing, you're back in enforcement Eric Readinger  25:23   there that don't like, like cops the TV show or cops in real life, Law Smith  25:26   like police in real life. They're like, they're like, defund the police people, and then they love Ghostbusters. I find that funny, Eric Readinger  25:34   right? That's a really fun thing for you to say to them. I Law Smith  25:37   never bring it up. Oh, okay, dude, I, I don't if it's a big calorie burner, and I don't have a lot of information or a hot take other than that one sentence, yeah, I Eric Readinger  25:48   am bringing it up. Yeah. I mean, defund the Ghostbusters. Law Smith  25:53   I'm just saying, Man, you know, they deserve fair trial too. Eric Readinger  25:57   The ghosts, I feel like they've already had their trial. Did they there? I mean, that's why Law Smith  26:02   they got hurt there. There's systemic ghostism. Eric Readinger  26:06   Oh, I see. So it's a problem with communities. Law Smith  26:10   Anyway, I thought that was interesting. Not all Tiktok is bad. You can use it the way you want. Everybody wants to be an influencer now that's under the age of 18. YouTube star or Tiktok star is like the number one. I know job they want when they get older. It's crazy, yep, all right, I didn't think it Eric Readinger  26:29   was any foresight to say we can't all be influencers. Hey, Eric. I didn't think we're gonna talk that much. I thought we're gonna have a short episode, I know, but I knew we would just gab like gals. I got, Law Smith  26:39   I got one more thing, and then we'll get out of here and it, I'm going to open source it to everybody. So if you made it, I'm going to Shawshank Redemption you, if you made it this far, why you come a little bit further? What? There is a great idea I don't think I'll be able to ever capitalize on. So as if, like my Cuban coffee drive through idea. Eric Readinger  27:02   You know, that's the one joke that I thought of when you're like, I'm gonna that's not my my bits on stage. What's the name of your Cuban drive through? What's the name that you give it? Oh, that's Law Smith  27:15   the fruit the food truck joke, Eric Readinger  27:18   whatever it is, the two cups. Yeah, my point is, is that came into my mind when you're like, I don't really do a lot of dirty stuff or shock Law Smith  27:27   value stuff, yeah? Well, it's tough to shock people. Number one, you have to go so extreme. That's, that's why it felt out of place. And then this is a conversation we had off air. Eric Readinger  27:38   It was, yeah, Law Smith  27:41   about a set I did, and I was like, Yeah, not really. Part of who shit it was, yeah, Eric Readinger  27:47   yeah, who's in, who's in the zone? Now, I don't know. I mean, it doesn't change. Holy Water, all right, we have, you don't get to just say it. Law Smith  27:56   I'm getting closer. I'm getting closer. Nailing that. Holy guacamole, Eric Readinger  28:01   gronca, moly, I Law Smith  28:02   know, but I Eric Readinger  28:03   messed up. Okay, fantasy football, is that what you want to talk about? Law Smith  28:06   Well, I've tried to figure out how to capitalize this league. I do. No one's figured out. Okay, so NFL, fantasy football, billion dollar business, like, if not 10 100. We know he knows sports betting going on with the Daily Fantasy leaves too well, and the college football is getting cooler about being less kind of they're they're becoming less restrictive about players rights and their naming rights and all that stuff paying them like they should have been the whole time. So I do a very nerdy college fantasy football league, but I'm always like, when I'm preparing for it, I have my draft tonight, and when I'm preparing for it, I'm always like, I can't believe no one's figured this out how to make college football fantasy because everyone goes well, there's too many teams, ah, but we do it a different way. We have eight managers, ah, and it's a top 25 League. You stick with the AP, top 25 and your draft really matters, because you have to skew it a bit. So if it's like Boise State's 24 and they play, you know, one of those opening games where they got to play something difficult, they can lose the value of that player goes down, because once they drop out of the top 25 you lose them, yeah? And you have to do a waiver, a weekly waiver. Eric Readinger  29:26   Life is somebody doing all this by hand? Yeah? Law Smith  29:30   Holy shit. I mean, not like writing it down? No, I know, but manually, I told you, this is the one where it's me, my buddy, Brendan, and I think everybody else is black dude that. So I'm like, you stupid kind of white guy in the group. I'm I was, like, the new guy, and that I was the new guy for like, 15 years in this league. I don't know these guys that well. So it's always like, we're doing the Zoom draft. Often. I'm like, sometimes I've been a little loosey goosey, you know, yeah, battle pops, it made some jokes that fall flat, and I'm like, Okay, well, I don't know these guys anyway, so, yeah, Eric Readinger  30:10   well, but you need me there with you. Law Smith  30:14   You can hop on tonight. No, Eric Readinger  30:17   God, I try to so racist jokes and fall flat, but Law Smith  30:21   I'm open to sourcing it. I've definitely done this on the show before and put it out there. It's one of those things where it's, like, I tried one year to really try to put effort into it for a while, Eric Readinger  30:30   and like, what are you hoping sourcing the Law Smith  30:33   idea of the game? So, like, you can be even hard to pitch this to a big like Yahoo or ESPN, or any FanDuel or something. Yeah, because you you'd have to go, I gotta pitch you something, but you gotta sign the longest NDA of all time that you can, like, it's like a movie script, while people don't read movie scripts just given to them, that has to go through their agency, because they'll get sued for, like, copying the idea. It's kind of like that, an IP of this idea of some of something that already exists, statistics that are out there. Eric Readinger  31:08   Yeah, I don't think it'd be that crazy. Law Smith  31:11   What sucks is, every year you have to do the manual research. Now there's sites you can pay for, subscription wise, that kind of do it. But like, Yeah, nobody cares about college. You can't. You can't really key in firsthand, all the parameters you need. So I've tried to, like, here's my strategy this year, because, oh, my God, I didn't read Phil Steele's phone book magazine. He does a thing on every team. It's like the craziest, like, Aspergers, he, like, he has, he it's like 180 pages. It's crazy. And he predict, he's the best predictor of, like, who's gonna win the Heisman, who's gonna be good this year kind of thing. So I tried to go, here's my here's what I was like, I gotta think outside the box, because last year I tried to do, I tried to use chat GBT didn't really work. This year I gave it a whirl. Still wasn't working for me. I'm going to look up the EA college football video game ratings, yeah, filter out all the non top 25 people, and then kind of go from that, Eric Readinger  32:20   yeah, that's just that, right? Like, I was like a thing when back in my fantasy football days, like, if you ever had somebody like, you're trying to make a tough decision, start this guy or start that guy, I'd go to FanDuel, who cost support. Oh, yeah, yeah. Gamblers know, Law Smith  32:36   right? The problem with the the Daily Fantasy ones was they don't have all the teams in there a lot of the time, so it's like, you're not getting a pure one to one sometimes, you know, if you're, if you're Jocelyn between, I've tried to do that for NFL. Eric Readinger  32:53   I'm like, Oh, you're saying, like some teams play at different times and, well, yeah, they don't. Law Smith  32:58   I don't know if they do it now. I haven't, I haven't really gone on those sites because I'm scared I'll, I'll gamble my life away. But it's one of those things where they do, like, here's the seven games early Sunday kind of package, but they would never have the whole Thursday to Monday, right? So it was hard to put it against it. I don't know, you know I'm saying anyway, I Eric Readinger  33:20   guess so. But the prices are all the same. Law Smith  33:23   The Price Is Right. Thanks for listening, and Eric Readinger  33:29   it's from the prices. Law Smith  33:31   And when you make billions off of this idea, you know, you package it, you're the listener. I'm talking to you, the listener. When you package this, just throw a couple shackles for for for funzies fucking nuts. Eric Readinger  33:58   Yo, I'm dumb. I.  

David sits down with John Manganaro to unpack the advice of financial gurus like Dave Ramsey and Suze Orman. While their guidance has helped countless Americans get out of debt, David explains why their cookie-cutter approach to retirement income planning can fall short. Why “hope over math” is a dangerous foundation for retirement planning—David explains why advice built on optimistic return assumptions leaves disciplined savers exposed to massive disappointment later. Learn how Dave Ramsey's 8% withdrawal and 12% return claims mislead investors and why following them could drain your retirement accounts too quickly. David explains why saving $1,000 a month isn't realistic for most families and how financial gurus use overly rosy scenarios to make the math appear more approachable. David shares how gurus water down complex retirement math into sound bites that might inspire beginners, but fail those with real assets at stake. Why one-size-fits-all advice collapses under scrutiny. For example, what works for paying down credit card debt doesn't translate to sustainable retirement income. David highlights the power of guaranteed lifetime income annuities and why they're often a more efficient way to purge longevity risk than relying only on the stock market. Learn how combining annuities with traditional investments can actually increase income while improving the odds that your portfolio lasts through life expectancy. David shares how cash value life insurance can be used as a volatility shield—giving your stock portfolio time to recover after downturns instead of locking in losses. Why guaranteed income changes retiree behavior. Research shows people with guaranteed income tend to spend more, worry less, and even live longer. Why longevity risk is often underestimated by retirees—David reveals the benefits of planning for a 30–35 year retirement. David explains how tax-free planning integrates with Social Security and why keeping provisional income below thresholds can keep benefits 100% tax-free. Why the investing “holy grail” is leaving just enough in an IRA so RMDs are offset by the standard deduction—allowing tax-deferred money to come out tax-free. How to build six different streams of tax-free income so none show up on the IRS radar, putting you effectively in the 0% tax bracket. David highlights the fiscal reality ahead—with debt-to-GDP ratios soaring, he warns that tax rates are likely to be dramatically higher within the next decade.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

In the spotlight are book publicists and Tandem Literary business partners Gretchen Koss and Meg Walker, who have more than 40 years of combined experienced in the business. They have represented authors ranging from Elmore Leonard and Terry McMillan to Suze Orman, Mary Karr and Lance Armstrong.  We discuss:   >> What book publicists do >> How to choose the right publicist >> What they are expected to deliver to their clients >> When a publicist should be hired >> What book publicists expect of their clients >> The costs involved >> Which genres are hottest >> Etc.  Learn more about Tandem Literary here: https://tandemliterary.com/  Novelist Spotlight is produced and hosted by Mike Consol. Check out his novels here: https://snip.ly/yz18no       Write to Mike Consol at novelistspotlight@gmail.com 

Suze Orman breaks down smart money moves, retirement tips, and finding trustworthy advisors during uncertain times, in this GB Classic.

Don answers a handful of listener questions, offering sharp, practical insight on investing myths, flexible retirement withdrawals, taxable brokerage accounts, and misleading financial scare tactics. He critiques Suze Orman's confusing advice, breaks down the logic of the 4% rule, and dismantles a fear-mongering insurance pitch claiming to “save retirement.” Expect sarcasm, clarity, and one well-aimed diatribe at the insurance-industrial complex. 0:04 Summer slowdown in listener questions and podcast downloads 1:21 Don's theory: why the South works less and the North built the Fortune 500 2:30 Suze Orman says sell treasuries, buy Pfizer—Don (and Chuck Jaffe) respond 4:58 How to send in your questions—Don needs more spoken ones 5:04 Listener Q1: Does the 4% rule assume you'll run out at 95? 6:49 Don explains the assumptions behind the 4% rule and how it holds up historically 8:35 Q2 follow-up: What if I'm 50/50, not 60/40? Adjusting withdrawal expectations 9:59 Real-world historical 4% rule example from 1994 to 2024 11:03 Listener Q2: Building and eventually using a taxable brokerage account 13:50 Don's advice: broader diversification, bigger emergency fund, and smart drawdown tactics 15:26 Listener Q3: Bob Carlson's fear-based sales pitch—is it legit or just sleaze? 16:56 Don explains how insurance reps avoid disclosure rules and push high-commission junk 19:14 Why the radio is filled with non-fiduciary insurance hustlers 22:09 How to get real help, real answers, and real fiduciary advice—for free 22:36 Don's final ask: bring Talking Real Money to your summer campfire Learn more about your ad choices. Visit megaphone.fm/adchoices

Caleb Guilliams reacts to Suze Orman's ( @SuzeOrman ) life insurance framework and breaks down 3 flaws in her perspective. Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault ______________________________________________ Learn More About BetterWealth: https://betterwealth.com ==================== DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

We began a new series about analyzing the gurus! We'll be spending time discussing several big personal finance names, their recommendations, and why we do or do not agree with those. Josh and Amelie discuss Suze Orman's philosophy of debt, preparing for retirement, and investing. Top takeaways: Overly simplistic advice (supposedly for everyone), doesn't actually work for anyone. People generally need a softer approach to personal finance in order to encourage change. Paying off your mortgage early doesn't lower your living costs as much as you think it will and can cause financial issues. The avalanche and snowball method of debt payment are both overly simplistic and aren't ideal for anyone. A 20% downpayment on a home isn't always (or ever) necessary. Look at the ROI before taking out student loans, but remember that it needs to be a personal analysis. Research a potential financial advisor to verify their credentials. Do-it-Yourself investing may be okay for a start, but comprehensive financial planning is better for more complex situations. Age 70 may not be the most optimal age to start taking Social Security. When to start taking Social Security is not reversible and will impact the rest of your life. A specific retirement goal of $1 million or $2 million is arbitrary, as each person's goal is unique based on their circumstances, goals, and needs. Related episodes: - Episode #42: When is debt good? - Episode #119: Is the snowball method the best way to pay off debt? - Episode #160: Should I buy a house now or wait? - Episode #157: Does a mortgage make sense with high interest rates? - A Nonprofit Guide to Choosing and Interviewing a Financial Planner Want help building or growing a successful financial coaching business? Find resources below based on where you're at in your journey: - Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity - Already decided you're going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series - Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch - Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow

I want to share a story you may have heard before—but it's worth telling again. When I finished surgical training and joined a practice in 2008, we were in the middle of the Great Recession. But for me, the recession didn't mean anything. My net worth was below zero. I'd made less than $50K a year for seven years. I wasn't worried about losing money—I didn't have any. What I did have was a new six-figure salary and a baby on the way. Suddenly, I had to start thinking like a grown-up. I needed to protect my family. I needed life insurance. But I had no idea what that really meant. I started asking around. One of the younger surgeons told me to “buy term and invest the difference.” That's what Dave Ramsey and Suze Orman were preaching on TV too. But an older surgeon—close to retirement—told me something very different. He'd been financially wrecked by the market crash and said permanent life insurance was one of the only things keeping him afloat. Here's the thing: they were both kind of right. The young guy was right that most permanent life insurance is designed in such a way that it is a terrible investment. But the older guy had discovered something the hard way—permanent life insurance can offer unmatched financial stability when everything else is falling apart. Still, neither of them understood what I would come to learn just a few years later from some of my wealthiest friends. You see, permanent life insurance isn't one thing. It's a flexible tool. In the right hands, it can be optimized for estate planning, tax-free growth, or even used as a powerful retirement income strategy—especially for those of us who started making money later in life. That's when I took a deep dive, even getting a life insurance license so I could fully understand the mechanics myself. What I found became the foundation for Wealth Formula Banking, Wealth Accelerator, and now, Wealth Accelerator Plus.  In fact, some of these strategies are so effective that they've already helped people like me “catch up” on retirement income planning—even if we didn't start earning real money until our 30s. On this week's show, I talk with one of my new partners at Wealth Formula Banking, Brandon Preece. We unpack common misconceptions about life insurance, discuss mainstream strategies, and then go further—exploring new protocols that could be game-changers for your financial future. If you haven't learned about this stuff yet, it's time. And if you have, it's time to revisit all of these strategies. These strategies have played a major role in my financial life—and in the lives of many in our Wealth Formula community. And I can honestly say that I don't know of a single person who ever regretted setting up a plan!

McKay explores the profound truth that our lives are shaped by our choices in this latest instalment of the Open Your Eyes podcast. From celebrity comebacks to devastating wildfires and artistic dedication, he illustrates how embracing "everything is a choice" empowers us to move beyond circumstance, take responsibility, and consciously design a life of purpose and fulfillment.Illustrating the real-world impact of decisions, our host draws upon such examples as a California wildfire, where proactive choices saved homes, and a professor's financial advice leading to debt-free living. He highlights the disciplined choices of artists like Picasso and Julie Andrews, alongside the compounding power of small daily actions. Stories of Suze Orman turning disaster into success and Ruth Pfau dedicating her life to service after a pivotal decision underscore how conscious choices redefine our paths. In essence, McKay encourages listeners to recognize their agency, define who they want to become, and use the power of choice to steer their lives intentionally.Main Themes:"Everything is a choice" as a core empowering principle.Small, consistent choices compound over time.Taking 100% responsibility for actions and outcomes.Defining who you become is crucial.Discipline can create freedom.Proactive decisions prevent disaster and build success.The "trim tab" effect: small choices steer life's direction.Pivotal choices can redefine a life's path.Top 10 Quotes:"We get to choose to live the life we have.""The world gets out of the way for people who know what they want and where they're going.""Every disciplined effort has its own multiple reward.""The choices we consistently make have a compounding effect on our life.""Little, everyday decisions will either take you to the life you desire or disaster.""The day you graduate from childhood to adulthood is the day you take full responsibility for your life.""Some people regard discipline as a chore. For me, it's a kind of order that sets me free."Show Links:Open Your Eyes with McKay Christensen

Since we’re in Graduation season, today’s Suze School starts with a commencement address from Suze to all of you! Then, Suze briefly recaps what happened in the economy during the month of May. She has updates on the Stock Market, crypto, real estate and more. Jumpstart financial wellness for your employees: https://bit.ly/SecureSave Try your hand at Can I Afford It on Suze’s YouTube Channel Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3GGet your savings going with Alliant Credit Union: https://bit.ly/3rg0YioGet Suze’s special offers for podcast listeners at suzeorman.com/offerJoin Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

Think reverse mortgages are a last resort or a financial trap? Think again! In this eye-opening episode, mortgage expert Kevin Guttman debunks common myths, reveals the hidden advantages of reverse mortgages, and explains how seniors can unlock financial freedom, boost their retirement income, and even help their loved ones—all while living in the home they love.   In this episode of the Registered Investment Advisor Podcast, Seth Greene speaks with mortgage expert and author Kevin Guttman. He shatters common misconceptions about reverse mortgages, explaining how they can be a powerful tool for financial security, retirement planning, and even wealth-building. As the author of Reverse Mortgage Revolution and Reverse Mortgage Changed My Life, Kevin shares expert insights on how seniors can turn home equity into a strategic asset—without the financial pitfalls that so-called experts like Dave Ramsey and Suze Orman warn against.   Key Takeaways: → Why Dave Ramsey and Suze Orman are wrong about reverse mortgages. → How reverse mortgages are not considered income. → Why reverse mortgages boost purchasing power. → How a reverse mortgage can help stabilize financial security. → How heirs should handle repayment of reverse mortgages.   ​Kevin Guttman is a seasoned mortgage professional specializing in reverse mortgages, dedicated to helping seniors achieve financial stability and peace of mind. With a deep understanding of the unique needs of retirees, Kevin offers personalized solutions that empower clients to access their home equity while maintaining ownership of their homes. His commitment to ethical practices and client education has made him a trusted advisor in the industry. Through his work, Kevin strives to provide financial freedom and improved quality of life for the senior community.   Connect With Kevin: Kevin Guttman X Facebook LinkedIn   Learn more about your ad choices. Visit megaphone.fm/adchoices

Think reverse mortgages are a last resort or a financial trap? Think again! In this eye-opening episode, mortgage expert Kevin Guttman debunks common myths, reveals the hidden advantages of reverse mortgages, and explains how seniors can unlock financial freedom, boost their retirement income, and even help their loved ones—all while living in the home they love. In this episode of Sharkpreneur, Seth Greene speaks with mortgage expert and author Kevin Guttman. He shatters common misconceptions about reverse mortgages, explaining how they can be a powerful tool for financial security, retirement planning, and even wealth-building. As the author of Reverse Mortgage Revolution and Reverse Mortgage Changed My Life, Kevin shares expert insights on how seniors can turn home equity into a strategic asset—without the financial pitfalls that so-called experts like Dave Ramsey and Suze Orman warn against.   Key Takeaways: → Why Dave Ramsey and Suze Orman are wrong about reverse mortgages. → How reverse mortgages are not considered income. → Why reverse mortgages boost purchasing power. → How a reverse mortgage can help stabilize financial security. → How heirs should handle repayment of reverse mortgages.   ​Kevin Guttman is a seasoned mortgage professional specializing in reverse mortgages, dedicated to helping seniors achieve financial stability and peace of mind. With a deep understanding of the unique needs of retirees, Kevin offers personalized solutions that empower clients to access their home equity while maintaining ownership of their homes. His commitment to ethical practices and client education has made him a trusted advisor in the industry. Through his work, Kevin strives to provide financial freedom and improved quality of life for the senior community.   Connect With Kevin: Kevin Guttman X Facebook LinkedIn   Learn more about your ad choices. Visit megaphone.fm/adchoices

Think reverse mortgages are a last resort or a financial trap? Think again! In this eye-opening episode, mortgage expert Kevin Guttman debunks common myths, reveals the hidden advantages of reverse mortgages, and explains how seniors can unlock financial freedom, boost their retirement income, and even help their loved ones—all while living in the home they love.In this episode of Sharkpreneur, Seth Greene speaks with mortgage expert and author Kevin Guttman. He shatters common misconceptions about reverse mortgages, explaining how they can be a powerful tool for financial security, retirement planning, and even wealth-building. As the author of Reverse Mortgage Revolution and Reverse Mortgage Changed My Life, Kevin shares expert insights on how seniors can turn home equity into a strategic asset—without the financial pitfalls that so-called experts like Dave Ramsey and Suze Orman warn against. Key Takeaways:→ Why Dave Ramsey and Suze Orman are wrong about reverse mortgages.→ How reverse mortgages are not considered income.→ Why reverse mortgages boost purchasing power.→ How a reverse mortgage can help stabilize financial security.→ How heirs should handle repayment of reverse mortgages. ​Kevin Guttman is a seasoned mortgage professional specializing in reverse mortgages, dedicated to helping seniors achieve financial stability and peace of mind. With a deep understanding of the unique needs of retirees, Kevin offers personalized solutions that empower clients to access their home equity while maintaining ownership of their homes. His commitment to ethical practices and client education has made him a trusted advisor in the industry. Through his work, Kevin strives to provide financial freedom and improved quality of life for the senior community. Connect With Kevin:Kevin GuttmanXFacebookLinkedIn  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's episode of The Power of Zero Show looks at a recent podcast episode in which Suze Orman recommended having three to five years of living expenses in cash during retirement. Experts have long debated the rate at which retirees can draw down their assets while maintaining a high likelihood of not running out of money before they die. Since the early ‘90s, the gold standard for sustainable distributions has been the 4% Rule. According to the 4% Rule, whether the market goes up or down, you can reliably withdraw 4% each year with high confidence that you won't outlive your money. David McKnight points out that Orman's advice – keeping money in a volatility buffer account – is at odds with her stance on sustainable withdrawal rates. For Suze Orman, you shouldn't be taking 4% withdrawals from your retirement portfolio. Instead, she recommends a 3% distribution rate. Studies show that if you withdraw only 3%, regardless of market conditions, you have a near 100% chance of never running out of money. David believes that by promoting the 3% rule AND encouraging people to keep 3-5 years of living expenses in a savings account, Suze Orman is doing a disservice to her listeners. The first problem with Orman's advice is that, while she got the volatility buffer concept right, she failed to adjust her sustainable withdrawal rate accordingly. Following Orman's approach could result in massive loss of purchasing power by keeping a significant portion of your net worth in a low-yielding savings account over an extended period. David explores whether there's a “safe and productive” way to grow your money during retirement. Cash value life insurance, specifically in the form of Indexed Universal Life (IUL), is a financial vehicle that protects against market loss and grows at a rate of 5-7% (net of fees) over time – within a tax-free environment. David wraps up with some final words of advice for Suze Orman.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman's Podcast

Chris's Concise Summary: Jim and Chris examine a recent Suze Orman article on inherited IRA rules, identifying key errors that could mislead readers. They clarify the nuances of the 10-year rule, explain how the required beginning date determines whether annual RMDs are necessary and why Roth IRAs don't have required minimum distributions. The guys also […] The post False Facts and Real Consequences: EDU #2509 appeared first on The Retirement and IRA Show.

Today's episode is a podcast guest interview David McKnight did for Josh Jalinski's The Financial Quarterback Podcast. David gives Josh's audience a quick bio that spans from his early days in the financial services space in 1997 all the way to his latest book The Guru Gap. The premise of The Guru Gap is the difference between the 1990s when people had very few options to vet out financial planning advice and today, where they have plenty of ways to vet out. Nowadays, whenever David makes a financial recommendation, 90% of his clients take to the internet to vet that recommendation. In The Guru Gap, David focuses on financial gurus Dave Ramsey, Suze Orman, Ken Fisher, Clark Howard, and Ramit Sethi – and their advice. Since financial gurus aim at taking important and complex financial principles and distilling them down into 10-second sound bites, they tend to give short shrift to a lot of details David's clients would need to protect and grow their retirement savings. The #1 goal most Americans have is to have their money last as long as they do. Financial gurus have had an adversarial stance toward financial planners like David and Josh Jalinski. Some of David's clients who seem to put more stock into what these gurus have to say tend to forget that their advice typically isn't undergirded by math and actuarial science… Josh Jalinski shares a couple of stories that really tick him off when it comes to financial gurus and the consequences of their advice. David believes that America is better off with people like Dave Ramseys and the like in it than without them. “If you're making $50,000 and spending $60,000 Dave Ramsey is precisely the person you should be talking to,” says David McKnight. David sees people like Dave Ramsey be “good for bad investors, and bad for good investors”. Wade Pfau thinks that following Ramsey's advice of taking 8% withdrawal rates on your assets in retirement and putting 100% of your allocation in stocks, you'll run out of money in advance of life expectancy 63% of the time. David touches upon the so-called Dave Ramsey circle of poverty: he gets you out of debt on the road to financial success, and then he promptly bankrupts you by taking an 8% withdrawal rate. Josh shares his thoughts on Dave Ramsey and explains that some people never save. Citing former Comptroller General David Walker and Penn Wharton David talks about what could be waiting for the U.S. in the near future. David gives out a couple of reasons why you should think about doing a Roth conversion. David and Josh talk about saving future taxes when someone passes away.  A key question to ask yourself: Why not pay the tax today at 22% or 24%, so that your kids can inherit that money tax-free regardless of when they liquidate it? David reveals that, because of The Guru Gap, he has received a cease and desist from one of the financial gurus mentioned in the book. Josh and David dissect “the Ken Fisher approach” – including its key flaws and shortcomings. In Josh's opinion, one of the negative traits of financial gurus is their lack of availability for debate. For David, the least expensive way to purge the longevity risk from your portfolio is an annuity. Josh and David bring up financial advisors dispensing advice on TikTok into the conversation. The overwhelming amount of tips shared by gurus leads to people making bad decisions or not making a decision at all.  Of the five financial gurus mentioned in The Guru Gap, Suze Orman (the only CFP of that group) is the one David McKnight likes the most, also because her advice is most in line with the mainstream financial planning consensus. Ramit Sethi is the financial guru that seems to have the most adversarial approach toward financial planners. David used to be a fan of Clark Howard who now has a strong opinion about cash-value life insurance and fixed-income annuities. David lists steps people should be taking with their money from a tax and retirement perspective. According to David, if ever there were a time in the history of our country to be undertaking a Roth conversion, it's over the course of the next nine years. Josh and David discuss a balanced financial plan that includes annuities to counter longevity risks, insurance to protect one's family, money as a volatility buffer, equities to beat inflation, some Bitcoin, a little gold, and cash for emergencies.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Josh Jalinski, The Financial Quarterback Al Gore Dave Ramsey Suze Orman Ken Fisher Clark Howard Ramit Sethi How to Get Rich (Ramit's Netflix special) I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works by Ramit Sethi  Tony Robbins Financial Peace University Wade Pfau How to Spot a False Prophet in the World of Finance (episode of The Financial Quarterback) David Walker Penn Wharton DOGE – Department of Government Efficiency Elon Musk Vivek Ramaswamy Tom Hegna American Equity Investment Life Insurance (AEL) Chris Hogan Bill Gross MSCI World Index Michael Finke David Blanchett The White Coat Investor Grant Cardone Humphrey Yang Tori Dunlap Jeremy Schneider Tiffany Aliche Anthony O'Neal Dasha Kennedy Graham Stephan Delyanne Barros ChatGPT Ernst & Young's study on life insurance and annuities Dalbar QAIB Donald Trump Maya MacGuineas Committee for a Responsible Federal Budget Buckley Broadcasting iHeartMedia

How to FlowDream with Summer McStravick For over two decades, Summer has been practicing a powerful technique for manifesting and inner healing that she accidentally pioneered more than 20 years ago. Her method, known as Flowdreaming, has grown into an unexpected phenomenon, with a following of over 180,000 people. Through word of mouth, referrals, and client recommendations, Flowdreaming has quietly yet profoundly expanded its reach, becoming a trusted practice for many seeking transformation. Summer never anticipated or planned for this level of growth. She often expresses her deep gratitude for the journey and the way Flowdreaming has touched so many lives. Twenty years ago, Summer was balancing a demanding career with raising two young children. She managed a major division at a large corporation, where she created hayhouseradio.com and launched some of the first podcasts and webinars in the world. She consistently received top performance reviews and had the privilege of working directly with luminaries like Louise Hay, Dr. Wayne Dyer, Suze Orman, Gregg Braden, Marianne Williamson, and Jerry and Esther Hicks (Abraham). Life during this time was both busy and fulfilling. However, life took an unexpected turn. Summer faced a series of challenges, starting with the loss of her dream job. She was later diagnosed with a painful inflammatory disease and, at a young age, Stage 2 breast cancer that had spread, leaving her with lifelong complications. Alongside these personal battles, she experienced significant loss within her circle of loved ones due to cancer, and eventually, her children grew up and left home. Despite these profound challenges, Flowdreaming remained a steadfast part of Summer's life. More than just a technique, it became her practice, devotion, and modality for healing—a life-changing manifesting method that continues to inspire and support countless others. #PersonalDevelopment #EmpowerYourself #SpiritualGrowth #SelfHealing #Mindsetshift Body Transformation System! https://modere.io/NbOyU2 https://calendly.com/rebeccaelizabethwhitman/breakthrough Mindset Manifestation Mastermind in Playa Del Carmen, Mexico https://wellnessmarketingltd.com/mindset-manifestation-mastermind/ To learn more about Rebecca… https://www.rebeccaelizabethwhitman.com/#home https://everydaywomantv.com/tv_shows/the-balanced-beautiful-and-abundant-show/   Follow Apple PodcastsSpotifyAmazon MusicRSS Feed   Channel(s):  The Biz World Channel  THE EMBC NETWORK  THE GLAMOUR CHANNEL  The iHealth Channel  THE PODCASTERS CHANNEL boxcast.tv Link: https://boxcast.tv/view/how-to-flowdream-with-summer-mcstravick-ocepss1al4zmfntg8vyz

David McKnight takes a closer look at Suze Orman's take on annuities – and at why she recommends her audience avoid them at all costs. Suze Orman labels the 5.4% compounded annual rate of growth one of her audience members (Janet) has had over the last six years as “horrific in today's market.” David believes that the main issue with Suze Orman's approach is that it engages in a classic case of apples to oranges comparison. According to David, index annuities are a bond alternative and were never meant to be a stock market replacement. David makes the case for index annuities performing far better than bonds – with a lot less risk. The average return on corporate bonds is between 4% and 5%, the one for treasury return is 3-4%, while the average return on municipal bonds is 2.12%. In David's opinion, Janet should only feel bad about her 5.4% return over the 6 year time frame if the advisor who sold it to her sold it as a stock market alternative. Suze Orman's audience member Janet purchased a so-called non-qualified indexed annuity, which tends to get a “last in, first out” treatment for tax purposes. David isn't big on non-qualified annuities for the fact that a person purchasing them will have to pay tax on the growth before they're able to access the principal tax-free. Another flaw in Orman's assessment: she doesn't tell you that you can hold an annuity in an IRA and pay ordinary income, or you can hold an annuity in your Roth IRA and pay no taxes at all… Something financial gurus like Suze Orman have in common: they DON'T have the luxury of nuance. Dollars earmarked to retirement accounts generally have a 10% penalty when you access them pre-59 and a half. David points out how Suze has wittingly demonized all forms of annuities – even the IRA and the Roth variety. While Suze is right saying that most annuities have surrender charges, she misses the entire point of why people usually get annuities: to get a guaranteed stream of income they can never outlive. 401(k) has a surrender charge that's far more punitive than any annuity David has ever seen.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman Standard & Poor's 500 Index USA Today

In This Episode What's the key to financial security today? As technology and a shifting economy reshape how we save, spend, borrow, and plan for the future, mastering the art of money management is critical for achieving financial health. Listen as Jennifer Tescher, host of sister podcast Emerge Everywhere and Founder of the Financial Health Network, speaks with Suze Orman – personal finance expert, author, Emmy Award winner, and Co-Founder of workplace emergency savings platform SecureSave – about the critical role of savings and an important step companies can take to support employees' financial success today. Dedicated to improving financial health for all, especially the most vulnerable among us, Emerge Everywhere tackles the complex issues intersecting the financial well-being of people across America while exploring how to build an inclusive economy. Listen now!

For over two decades, Summer has been practicing a powerful technique for manifesting and inner healing that she accidentally pioneered more than 20 years ago. Her method, known as Flowdreaming, has grown into an unexpected phenomenon, with a following of over 180,000 people. Through word of mouth, referrals, and client recommendations, Flowdreaming has quietly yet profoundly expanded its reach, becoming a trusted practice for many seeking transformation.Summer never anticipated or planned for this level of growth. She often expresses her deep gratitude for the journey and the way Flowdreaming has touched so many lives.Twenty years ago, Summer was balancing a demanding career with raising two young children. She managed a major division at a large corporation, where she created hayhouseradio.com and launched some of the first podcasts and webinars in the world. She consistently received top performance reviews and had the privilege of working directly with luminaries like Louise Hay, Dr. Wayne Dyer, Suze Orman, Gregg Braden, Marianne Williamson, and Jerry and Esther Hicks (Abraham). Life during this time was both busy and fulfilling.However, life took an unexpected turn. Summer faced a series of challenges, starting with the loss of her dream job. She was later diagnosed with a painful inflammatory disease and, at a young age, Stage 2 breast cancer that had spread, leaving her with lifelong complications. Alongside these personal battles, she experienced significant loss within her circle of loved ones due to cancer, and eventually, her children grew up and left home.Despite these profound challenges, Flowdreaming remained a steadfast part of Summer's life. More than just a technique, it became her practice, devotion, and modality for healing—a life-changing manifesting method that continues to inspire and support countless others.#PersonalDevelopment#EmpowerYourself#SpiritualGrowth#SelfHealing#MindsetshiftBody Transformation System!https://modere.io/NbOyU2https://calendly.com/rebeccaelizabethwhitman/breakthroughMindset Manifestation Mastermind in Playa Del Carmen, Mexico https://wellnessmarketingltd.com/mindset-manifestation-mastermind/To learn more about Rebecca…https://www.rebeccaelizabethwhitman.com/#homehttps://everydaywomantv.com/tv_shows/the-balanced-beautiful-and-abundant-show/

When I think of Dave Ramsey, the elimination of debt and whole life insurance policies quickly spring to mind. In addition to his demonization of universal policies, were you aware of his 8-12 rule for retirement?David McKnight joins the show to discuss the 4 percent rule for retirement, annuities, and cash-basis insurance plans based on math, pragmatism, and wisdom.These topics are key themes in David's newest book, The Guru Gap. He has also written other best-selling books, including The Power of Zero, which has sold over 400,000 copies.David C Barnett Small Business and Deal Making M&A SMBI discuss buying, selling, financing and managing small and medium sized businesses...Listen on: Apple Podcasts Spotify

Suze Orman (financial expert and host, “Women & Money” podcast) joins Chris Cuomo to discuss Trump's proposed tariffs and their potential to drive up prices and strain household budgets. Orman explains how these policies could impact everyday Americans and shares practical strategies for staying financially secure in uncertain times. The conversation also tackles holiday spending pressures, offering advice on avoiding debt, teaching kids smart money habits, and managing expectations during the festive season. Follow and subscribe to The Chris Cuomo Project on Apple Podcasts, Spotify, and YouTube for new episodes every Tuesday and Thursday: https://linktr.ee/cuomoproject Join Chris Ad-Free On Substack: http://thechriscuomoproject.substack.com Support our sponsors: Everyday Dose Head over to everydaydose.com/chris for 25% off plus 5 free gifts with your first order including a USB rechargeable frother, Every month after you get additional amazing free gifts with your order. Shopify Upgrade your business and get the same checkout Untuckit uses. Sign up for your one-dollar-per-month trial period at SHOPIFY.COM/chrisc AG1 So this new year, try AG1 for yourself – it's the perfect time to start a new healthy habit. And that's why I've been partnering with AG1 for so long! And AG1 is offering new subscribers a FREE $76 gift when you sign up. You'll get a Welcome Kit, a bottle of D3K2 AND 5 free travel packs in your first box. So make sure to check out DrinkAG1.com/ccp to get this offer! Cozy Earth Want your Cozy Earth pajamas by Christmas? Order by December 13 for free shipping! Missed it? You can still get expedited shipping until December 20 to ensure it arrives in time. Head to cozyearth.com/CHRIS now and use my exclusive code CHRIS for up to 40% off. Factor Head to factormeals.com/50cuomo and use code 50cuomo to get 50% off your first box plus free shipping while your subscription is active. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is based on David McKnight's interview with Lane Martinsen on Financial Fast Lane. David shares how he started in the financial planning industry, as well as the backstory of his new book, The Guru Gap. The Guru Gap focuses on several financial gurus such as Dave Ramsey, Suze Orman, Clark Howard, and Ramit Sethi. David finds it interesting to see financial gurus demonizing the types of recommendations him and his peers share – recommendations based on math and actuarial science. For David, America is better off for financial gurus being in the picture than out of the picture. The main issue is the fact that they aren't trying to cultivate an adversarial relationship with mainstream financial advisors, says David. David brings up a real-life example of bad advice shared on the Dave Ramsey Show. The ideal reader of The Guru Gap is the sophisticated, disciplined, investor. Most Americans strive for their money to last until they die. David sees Dave Ramsey as an expert who is “good for bad investors, and bad for good investors”. There are lots of stories of people who, following Ramsey's advice, have run out of money much sooner than they predicted. David believes that it's time for disciplined investors to adopt an entirely different paradigm when it comes to maximizing their retirement savings. David goes over three challenges he faced when writing The Guru Gap. Hope is something Dave Ramsey seems focused on. However, in the context of financial planning, David sees hope as something that can be the opposite of math. David and Lane Martinsen discuss the chapters David is most excited about. David's ultimate goal with The Guru Gap is to engender a massive dialogue between Americans and financial gurus. David hints at a future book that will focus on Millennials – a generation that is saving less and is less educated on investing than their Gen X and Baby Boomer forebears at the same stage in their life.   Mentioned in this episode: David's upcoming book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.comLane Martinsen Financial Fast Lane Al Gore Dave Ramsey Suze Orman Clark Howard Ramit Sethi Wade Pfau Ken Fisher Tom Hegna Ernst & Young  David Walker

The Lonely Island and Seth Meyers talk about the digital short, The Best Look in the World! Plus, they also discuss memories from sketches like It's a Match, Scared Straight, The Suze Orman show, and more! Support our sponsors:VuoriVuori is offering 20% off your FIRST purchase. Get yourself some of the most comfortable and versatile clothing on the planet at vuori.com/ISLAND  Not only will you receive 20% off your first purchase, but enjoy free shipping on any U.S. orders over $75 and free returns. Aura FramesSave on the perfect gift by visiting AuraFrames.com to get $35-off Aura's best-selling Carver Mat frames by using promo code ISLAND at checkout. Hello FreshGet 10 FREE meals at HelloFresh dot com slash freeisland. Applied across 7 boxes, new subscribers only, varies by plan. That's 10 free HelloFresh meals, just go to HelloFresh.com/freeisland  Hello Fresh: America's #1 Meal Kit ShopifyUpgrade your business and get the same checkout Aviator Nation uses.Sign up for your one-dollar-per-month trial period at SHOPIFY COM/ lonelyisland  Produced by Rabbit Grin ProductionsExecutive Producers Jeph Porter and Rob HolyszLead Producer Kevin MillerCreative Producer Samantha SkeltonCoordinating Producer Derek JohnsonCover Art by Olney AtwellMusic by Greg Chun and Brent AsburyEdit by Cheyenne JonesMix and Master by Jason Richards

From America's Matriarch of Money herself, Suze Orman's Women & Money podcast speaks directly to every mother, daughter, grandmother, sister, and wife — and the men who are smart enough to tune in. Join Suze Orman twice weekly for unmatched personal finance expertise, and receive powerful insights and actionable advice on investing, saving, and life. https://www.suzeorman.com/podcast And right now, literally millions of Americans definitely need those powerful insights and immediately actionable advice on money. So on this episode of Women of Impact with Lisa Bilyeu, Suze Orman details exactly what steps people need to take to gain control of their finances. She guides listeners on how to create new truths about money, how to deal with shame, anger and fear, and how to eventually reach the point where saving is more pleasurable than spending. [Original air date: 5/13/20]. SHOW NOTES: What do you do when you are confronted with the truth about your situation? [3:35] What is your truth right now? Are you fearful, ashamed or angry right now? [5:47] In order to overcome shame, you have to own the situation you find yourself in [7:15] The past is the past and it's over. It's only valuable as a tool to learn from. [10:30] Live below your means. Always ask, “is this a want or a need?” [13:00] How do you define the difference between a want and a need? [13:57] When do you buy what you need instead of what you can afford? [16:02] Suze explains how to get more pleasure out of saving than spending [17:37] Power attracts money. Powerlessness repels money. Never be a victim. [18:18] People spend more money than they realize they are spending [19:57] Ask yourself why you get more pleasure from spending than from saving? [22:35] Right now many people have an unprecedented opportunity to save money [24:32] Suze advocates not making big financial moves right now [27:31] Why don't you do what you know you should do? [30:05] Suze says her superpower is that she knows her own thoughts, her own motives [31:02] How do you deal with a spouse who has different financial goals and values? [34:28] The first step you need to take is to create a new truth [36:37] CHECK OUT OUR SPONSORS: Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/lisa Found Banking: Sign up for Found for FREE today at https://found.com/lisa. Caraway: Visit https://carawayhome.com/woi  or use code WOI at checkout and get 10% off your next purchase! Masterclass: 15% off any annual membership at https://masterclass.com/lisa FOLLOW SUZE: WEBSITE: https://www.suzeorman.com/podcast INSTAGRAM: https://bit.ly/2Wr3UX8 FACEBOOK: https://bit.ly/2LjHlNK TWITTER: https://bit.ly/2SWiHa0 FOLLOW LISA: Instagram: https://www.instagram.com/lisabilyeu/ Twitter: https://twitter.com/lisabilyeu YouTube: https://www.youtube.com/womenofimpact Tik Tok: https://www.tiktok.com/@lisa_bilyeu?lang=en LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/womenofimpact Learn more about your ad choices. Visit megaphone.fm/adchoices

Steven Rinella talks with Becky Humphries, Suze Orman, Ryan Callaghan, Randall Williams, Phil Taylor, and Corinne Schneider.  Topics discussed: It's Tax Day; bigger is not better; when two ladies in a small boat beat all the boys; from "Money Lady" to the "Fishing Girls"; the incredible expense of a fishing; you can donate your tax refund to conservation and the Theodore Roosevelt Conservation Partnership; a Michigan-pissed hunter; your last chance to attend MeatEater's Live Tour and BHA x MeatEater Trivia Pint Nights; the wolf that was killed in southern Michigan and how coyote management has changed in the state; the incredible challenge of finding common ground; how elections shape conservation policy; and more. Outro song "Huntin' Land" by Emmy Lou Howard Connect with Steve and MeatEater Steve on Instagram and Twitter MeatEater on Instagram, Facebook, Twitter, and YoutubeSee omnystudio.com/listener for privacy information.