Nicole Lappin

speaker
4,192 appearances 114 recordings 2 series first heard Nov 2024 last heard 9 Dec

Nicole Lappin’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Nov OctJan 26AprJulnow

Recordings per month over the last 12 months — 5 in all, peaking in Nov 2025 with 2.

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There are new platforms cropping up that let you invest directly in music royalties. Royalty Exchange, for example, lets you buy shares of music royalties so you can invest in the rights to a song that earns money every time it's streamed, used in a commercial, or played on the radio. It's like earning dividends from a stock, only this time the stock is a pop song.
Just remember, like any investment, there are risks. And because royalty ownership is so new, this is particularly risky. If you believe in an artist, though, this can be a way to back them and build wealth. But royalties can really fluctuate. Platforms can shut down and not every song is a hit. So don't spend any more money than you're willing to lose.
Money Rehab is a production of Money News Network. I'm your host, Nicole Lappin. Money Rehab's executive producer is Morgan Levoy. Our researcher is Emily Holmes. Do you need some money rehab? And let's be honest, we all do. So email us your money questions, moneyrehab at moneynewsnetwork.com to potentially have your questions answered on the show or even have a one-on-one intervention with me.
And follow us on Instagram at Money News and TikTok at Money News Network for exclusive video content. And lastly, thank you. No, seriously, thank you. Thank you for listening and for investing in yourself, which is the most important investment you can make.
Imagine if you had a co-host in your life, you know, someone who could help manage your every day and do the things that you don't have time for. Well, unfortunately, that's not something we can opt into in life, but it is something you can opt into as an Airbnb host.
If you find yourself away for a while, like I do, maybe for work, a long trip, or a big life adventure, a local co-host can help you manage everything. From guest communications to check-in to making sure your place stays in tip-top shape, they have got you covered.
These are trusted locals who know your area inside and out, giving your guests a warm welcome while you focus on your own starring role, whatever that might be. You know that I love how hosting on Airbnb helps you monetize your home, an asset that you already have. That is a holy grail. And as a longtime fan of Airbnb, I have been telling everyone I know that they should be hosting too.
But some of my busiest friends have been overwhelmed by this whole idea of hosting. But thanks to the new co-host offering, they have finally signed up. So if you've got a secondary property or an extended trip coming up and you need a little help hosting while you're away, you can hire a co-host to do the work for you. Find a co-host at Airbnb.com slash host.
I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. Elon Musk basically says the bill sucks. And while that's not usually how I open a budget breakdown, it is a pretty good place to start because honestly, he is not alone in his findings. Today, we are talking about the big, beautiful bill.
At least that's what Trump is calling it. And it's not just a name. It's a strategy. This bill is massive, over a thousand pages, and it's trying to do everything at once.
cut taxes cut spending reshape benefits and supposedly reduce the debt spoiler alert it does not but we will get there the house passed the bill on may 22nd by a single vote 215 to 214. it now heads to the senate with the trump administration hoping to get it on the president's desk by july 4th that's a very patriotic deadline but it's also a pretty tight one
Originally, I thought this would be one episode, and then I realized that is adorable. This bill is actually like a financial nesting doll. Every time you open one piece, there's another policy inside that deserves its own deep dive.
So today, I'm just going to give you a big picture primer of the big, beautiful bill, what's inside the bill, who it helps, who it hurts, and whether or not it has any shot of actually becoming law. Let's start with the number that is haunting everyone in Washington, the national debt.
The nonpartisan Congressional Budget Office says the bill will add $3 trillion to the debt over the next 10 years. That's right, add. And interest payments on the debt expected to hit $13.8 trillion. The White House says, no, no, no, it is actually going to save $1.6 trillion. Some Republicans say it will actually add $12. 20 trillion. But here's the thing.
Both Republicans and Democrats are citing the CBO numbers and that almost never happens. So I'm inclined to trust them. Here's why this matters. Rising debt isn't just a theoretical problem. It means the government spends more on interest payments and less on things that actually help people. Schools, roads, health care.
It makes borrowing much more expensive, which affects everything from mortgages to student loans. And it weakens global confidence in the U.S. economy. Ray Dalio put it very bluntly on our show. If we don't get the debt under control, we risk more than just inflation. We risk collapse of confidence in the dollar itself.
And that's when you start talking about recessions and start worrying about depressions. He's not being dramatic, although this is dramatic. He has seen a pattern globally. When countries owe more money than they can pay and they don't have a clear plan, they resort to printing money. And that has a very short runway. So here's what's actually in the bill on the spending side.
The biggest cuts come from Medicaid and SNAP. Those are food stamps to the tune of $1.1 trillion. Medicaid enrollment would happen every six months instead of annually, and people without kids or disabilities would have to work 80 hours a month to qualify. The idea is fewer people get benefits, so there's less spending. But it also means millions could get kicked off programs that they rely on.
There are also cuts to housing and education, including reductions to school funding and affordable housing subsidies. That's how this bill saves money by giving fewer people access to services. On the tax side, the bill extends and expands President Trump's 2017 tax cuts.
And that includes no federal tax on tips and overtime pay from 2026 to 2028, no tax on Social Security benefits, a $2,500 child tax credit through 2028 for families with Social Security numbers, interest on U.S.-made car loans become tax deductible, and the standard deduction goes up through 2028. These all sound great, and to be honest, many are.
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