57: Should I Dip Into My $60K Savings to Buy a Car?

Wills, Trusts, Guardianship, Probate- oh my! Ever wondered how a simple piece of paper can safeguard your legacy and keep your family united? Join Jessica and Brandon as they sit down with Nicola Rochester Robinson, co-founder of the SR Law Group, to uncover the essential elements of estate planning that every family should know. Nicola shares her journey to becoming an expert in elder law and estate planning, offering invaluable advice on drafting wills, trusts, and end-of-life documents.&n...

18 Sep 20241h 2min

Imagine this: You help bring the popular Chase Sapphire Reserve credit card to market, and when you apply for it yourself, you’re rejected! Tune in and learn from Vrinda Gupta, CEO and co-founder of Sequin, as she recounts her personal journey from financial rejection to launching a revolutionary banking platform tailored to women and minorities. Hear about the systemic flaws she uncovered and the emotional toll of financial setbacks, all of which fueled her mission to promote financial...

11 Sep 202452min

Do NFL cheerleaders truly impact revenue and fan engagement? Join us as we explore the broader financial and societal value of cheerleaders in the NFL. From merchandise sales to community appearances, Jessica and Brandon debate whether their contributions warrant a salary increase. Are they essential to the sport's success, or is their role underappreciated and undervalued? This thought-provoking conversation questions the necessity of increased pay, even considering whether the cheerleaders ...

21 Aug 202427min

Ever wondered if tapping into your 401k or 403b for emergencies is a wise move? Discover the crucial considerations and potential pitfalls of early withdrawals. This episode challenges you to critically assess whether your situation truly merits dipping into your retirement funds and explores viable alternatives. We promise you’ll walk away with a deeper understanding of when and why to think twice before making such a financial decision. Watch this episode in video form on YouTube: https://...

14 Aug 202424min

Today's episode of the Sugar Daddy podcast tackles the colossal student debt crisis head-on. Student loan debt isn't just a personal issue; it affects society as a whole. From the disproportionate burden on Black and brown women to the unique struggles faced by those without four-year degrees. Jessica and Brandon dive into the demographics of this crisis. revealing how a 180% increase in college costs since 1980, coupled with stagnant wages, has left 43 million Americans drowning in debt. Dra...

7 Aug 202438min

Ever wondered how to ensure your financial plan remains rock-solid, no matter who's in office? In this episode Jessica and Brandon discuss strategies to safeguard your finances against the unpredictability of political shifts. With President Biden stepping down from reelection, they break down the potential financial impacts and explain why a robust financial plan is crucial for weathering any political storm. Discover the importance of long-term investing and hear their take on why emotional...

24 Juli 202434min

What would you do if you suddenly received a $600,000 settlement check? For Haley and Justin Brown-Woods, hosts of the "Price of Avocado Toast" podcast, it was the beginning of a journey from windfall to wake-up call. After blowing through $600K they also found themselves in $220,000 in debt. Tune in as they disclose their earliest money memories, shaped by a scarcity mindset, and the emotional whirlwind that accompanied managing such a large sum of money. They share how these experiences pro...

17 Juli 202459min