Nicole Lapin

Smart strategies to grow wealth.

If you're borrowing at 3%, but you can make 10%, then you're pocketing that spread.

And she shares what she's learned from interviewing billionaires.

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some Money Rehab.

But do I get to be the smart girl?

It is.

And there's often a disconnect.

And actually, people who are in financial services or have their MBA have some of the most shame around money because they think they should know, right?

You spent, I'm guessing, $200,000 on room, board, tuition.

$200,000 as an opportunity cost for those two years, I'm assuming.

More than.

Typically, if you think about the ROI of an MBA, I like people to think about the opportunity cost of what that would be doing in the market.

So if you took that four hundred and forty thousand dollars and put it at regular market returns of seven to ten percent year over year, after 30 years, you'd have seven point six million dollars.

Well, I think this idea that home ownership is propaganda is not true.

But the idea that it's the only way to build wealth is completely outdated.

And there's a lot of emotion wrapped up into home ownership and stability and safety.

You know, I saw my house foreclosed on when I was a kid.

And I think about that a lot.

That's invaluable.