The Money with Katie Show

Inspired by my recent venture into the capsule wardrobe, I wrote and recorded this episode about overcoming spending guilt as an objectively high earner who has a hard time spending money. We'll dig into... My money stories from childhood Why (I think) I have a hard time with spending, and what I'm doing about it 3 legitimate, actionable tips for feeling less guilty about spending your money The budgeting app I mentioned in today's show is called Copilot, and you can use the code KATIE2 to double your free trial. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inspired by my recent venture into the capsule wardrobe, I wrote and recorded this episode about overcoming spending guilt as an objectively high earner who has a hard time spending money. We'll dig into... My money stories from childhood Why (I think) I have a hard time with spending, and what I'm doing about it 3 legitimate, actionable tips for feeling less guilty about spending your money The budgeting app I mentioned in today's show is called Copilot, and you can use the code KATIE2 to double your free trial.

Self-employed people are able to contribute a ridiculous amount of money to their special self-employment retirement accounts. Today, we're going to dig into: Everything you need to know about Solo 401(k)s and SEP IRAs Where your self-employment tax even comes from How to decide what's better for you – Solo 401(k) or SEP IRA – depending on how much money you make and whether or not you have a full-time job, too The only way to avoid paying the 15.3% self-employment tax How you could save more than $10,000 in taxes The easy calculation for figuring out how much you're allowed to contribute to a SEP IRA or Solo 401(k) My new strategy for ditching the Backdoor Roth IRA and getting Roth exposure elsewhere, allowing me to use a big, fat SEP IRA RESOURCES MENTIONED You can open a SEP IRA with Betterment today The fancy IRS calculator for determining what you're allowed to contribute (but I'd just use the easy formula I mentioned in the episode!)

Today, we're looking at the top 5 basics for people who are starting their personal finance journey: Paying off debt strategically Not over-doing the emergency fund Investing early and often in a tax-efficient way Living beneath your means Using credit cards to travel for free RESOURCES MENTIONED Get started with Betterment > "Betterment Safety Net" Pick up a Wealth Planner tool for an exact emergency fund recommendation How to Use Your 401(k) in Early Retirement without a 10% Penalty 401(k)s for the Self-Employed A Case for Why Nice Stuff Might Be Making Your Life Worse The Top 3 Spending Mistakes I See Travel Credit Cards: A Full Breakdown Guide

An episode by popular demand: Let's talk about how you can travel for free using credit card rewards. Today, we're going to talk about: The prerequisites for using credit card travel rewards (who should and shouldn't be doing this) FAQs about timing, risks, credit score implications, and more The 5-6 cards I recommend getting, in order, and why the annual fees are worth it RESOURCES MENTIONED The Wealth Planner The Chase Freedom Flex Card application link The Chase Sapphire Preferred application link The Chase Southwest Airlines Rapid Rewards Priority Card application link The Chase Marriott Bonvoy Boundless Card application link The Platinum Card from American Express application link The Platinum Card from American Express full updated review Travel rewards as a couple ("two-player mode")

The home ownership debate (to rent or to buy?) is heated and – I would argue – frustrating. Today, I'm diving into my REAL beef with the, "Renting is throwing your money away," condescension – in the hopes that young people will learn how to run the numbers instead of relying on conventional wisdom. ARTICLES REFERENCED When the Math Supports Buying Your Primary Residence Our Net Worth is More than $500,000 – Here's Why We Choose to Rent Why Your House is a Terrible Investment (JL Collins)

The home ownership debate (to rent or to buy?) is heated and – I would argue – frustrating. Today, I'm diving into my REAL beef with the, "Renting is throwing your money away," condescension – in the hopes that young people will learn how to run the numbers instead of relying on conventional wisdom. ARTICLES REFERENCED When the Math Supports Buying Your Primary Residence Our Net Worth is More than $500,000 – Here's Why We Choose to Rent Why Your House is a Terrible Investment (JL Collins) Learn more about your ad choices. Visit megaphone.fm/adchoices