College Is Expensive. Here’s How Smart Parents Plan for It.

College Is Expensive. Here’s How Smart Parents Plan for It.

Four-year college isn’t the default anymore… but saving for your kid’s future absolutely is. Today, Nicole breaks down the modern playbook for affording college whether your kid is a newborn, or if they’re applying to colleges now. This is your simple guide to 529 plans, custodial accounts, Coverdells, prepaid tuition plans, and the newest government-backed savings option making headlines. If you’ve ever wondered, “What happens to a 529 plan if my kid doesn’t go to college?” Nicole will teach you a smart move there, too. Check out Nicole’s financial literacy course The Money School Find a Financial Advisor or Financial Coach from Nicole’s company Private Wealth Collective Watch video clips from the pod on Money Rehab’s Instagram and Nicole Lapin’s Instagram Here’s what Nicole covers today: 00:00 Are You Ready for Some Money Rehab? 01:11 Where To Start If You Have a Newborn 01:28 Everything You Need to Know About 529s 04:44 Where To Start If Your Kid Is in Grade School 05:42 The Pros and Cons of Custodial Accounts 08:17 Where to Start if Your Kid Is in High School 10:32 Tip You Can Take Straight to the Bank All investing involves risk, including loss of principal. This episode is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult a licensed professional before making financial decisions.

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Episoder(1127)

Hightower's Chief Investment Strategist on the Case to Buy SpaceX, the AI "Food Chain," and Whether It's Too Late to Buy NVIDIA

Hightower's Chief Investment Strategist on the Case to Buy SpaceX, the AI "Food Chain," and Whether It's Too Late to Buy NVIDIA

As Chief Investment Strategist at Hightower Advisors, Stephanie Link spends her days researching the market’s winners. Today, she's breaking it all down for us. Stephanie explains why the economy keep...

6 Jul 1h 12min

What To Do If You Get Laid Off: Employment Attorney Ryan Stygar on Keyboard Tracking, Return to Office and Negotiating Severance

What To Do If You Get Laid Off: Employment Attorney Ryan Stygar on Keyboard Tracking, Return to Office and Negotiating Severance

Employment attorney Ryan Stygar joins Nicole to hand us the playbook our employers hope they never find. He breaks down what "at-will employment" actually means and the exact moves to make the moment ...

29 Jun 1h 29min

The Home Insurance Crisis That Could Crash the Housing Market with Chloe Demrovsky

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Nicole used to think insurance was a boring subject.... until she lost her home in the Palisades fire. Today, she is teaming up with the ⁠Coalition for an Insurable Future⁠ to tell you about what you...

24 Jun 52min

Productivity Is Just Tablestakes: AI Expert Allie K. Miller on How to Use AI To Build Wealth

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Allie K. Miller is the number one most-followed voice in AI business and an advisor to Fortune 500 companies , and she's on Money Rehab to tell us that most people are leaving serious money on the tab...

22 Jun 1h 17min

Funny Money with Comedian Josh Johnson: Senators Smooching, Lifestyle Creep and the Mental Gymnastics of Financial Goals

Funny Money with Comedian Josh Johnson: Senators Smooching, Lifestyle Creep and the Mental Gymnastics of Financial Goals

Stand-up comedian and writer Josh Johnson returns to Money Rehab nearly two years after his first time on the show. Since then, he has become a hosting correspondent on The Daily Show, reached million...

15 Jun 1h 7min

Inflation Is at 3.8%. Are Are Three Ways to Make Your Money Fight Back.

Inflation Is at 3.8%. Are Are Three Ways to Make Your Money Fight Back.

Inflation just hit 3.8%, the highest it's been since 2023. That means that $100 you had in January? It's worth about $96.30 today. So today, Nicole breaks down three tools that protect your money whe...

11 Jun 14min

Is Homeownership Overrated? Smart Girl Dumb Questions with Nayeema Raza

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Nicole is joined by journalist and podcast host Nayeema Raza, host of Smart Girl Dumb Questions, for a crossover episode! This is a shame-free conversation about the money questions we’re all holding...

9 Jun 47min

How The Upcoming Fed Meeting Will Impact Your Wallet

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The Federal Reserve hasn't been this dramatic in decades. Today, Nicole breaks down everything you need to know about the Fed and exactly what it means for your wallet. Nicole explains how the federa...

3 Jun 12min

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