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Money Rehab with Nicole Lapin

Don't Let Money Ruin Your Relationship— Instead Follow These Tips from Jason Tartick

Tue, 12 Nov 2024

Description

Money can’t buy you love… but it sure can cost you a relationship, because financial conflict is a huge source of tension for many couples. Today, Nicole is joined by entrepreneur and author Jason Tartick about how to not let money ruin a relationship. Plus, Jason talks about his experience being scammed, which companies he’s bullish and bearish on, and what Elon Musk is like at a party.  Find Jason's latest book, Talk Money To Me: The 8 Essential Financial Questions to Discuss With Your Partner, here: https://www.jasontartick.com/talk-money-to-me Originally aired 5.30.24

Audio
Transcription

Chapter 1: What are the financial conflicts that can affect relationships?

1189.878 - 1193.259 Nicole Lappin

Disputed a charge on a credit card. Disputed a charge on a credit card.

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1194.059 - 1194.159 Unidentified Speaker (Brief Interjection)

Oh, 100%.

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1194.559 - 1199.7 Nicole Lappin

This is one of my favorite things to do. Had buyer's remorse on a big purchase.

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1201.241 - 1201.521 Unidentified Speaker (Brief Interjection)

Oh, yeah.

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1202.176 - 1206.478 Nicole Lappin

Bought a house. Negotiated a raise.

1208.299 - 1208.539 Unidentified Speaker (Brief Interjection)

Oh, yeah.

1210.22 - 1212.101 Nicole Lappin

Invested in a company that went bankrupt.

1213.662 - 1213.962 Unidentified Speaker (Brief Interjection)

Oh, yeah.

1215.383 - 1223.147 Nicole Lappin

Written a Wall Street Journal bestseller. Yay. I don't know. One loss at the same time.

Chapter 2: How can couples start conversations about money?

1593.43 - 1598.054 Jason Feifer

Second of all, I think the ROI on that stock is pretty poor last time I looked into it.

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1598.075 - 1600.297 Nicole Lappin

I had a rough IPM. Alphabet.

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1601.958 - 1603.58 Jason Feifer

Investor. Bullish.

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1605.442 - 1606.483 Nicole Lappin

AI, all the good stuff.

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1607.105 - 1628.02 Jason Feifer

Yeah, I mean, their position, their balance sheet's healthy. They've always been a market leader. They'll continue to be. I don't think you're going to get burned with Google. If they're not at the forefront of AI, like NVIDIA is, they will be eventually. Or they'll just buy any that will be. I think they're a good place to be.

1628.988 - 1629.389 Nicole Lappin

NVIDIA.

1629.749 - 1652.269 Jason Feifer

It's scary how much the entire world economy is banking on the resource and the information that we get from this stock, but obviously they're one of the biggest players. They're driving the market. All indices are at all-time highs. As a major contributor is NVIDIA. And the big thing for people that don't know back home is like this is a good indicator of where AI is going.

1652.469 - 1670.361 Jason Feifer

And all indications showcase that AI is here to stay for the foreseeable future. And it's advancing in ways that if you don't advance with it, you will be behind. So just even like a small thing you could do today, because that might sound overwhelming, is like just go download a chat GPT or something of the sort.

1670.381 - 1687.11 Jason Feifer

I don't know, next email, just like copy and paste your email and just say fixed grammar. And it will do it for you. And now you're starting to embrace AI because the world's embracing it. Countries are embracing it at different speeds and companies are embracing it. And if you don't embrace it, you'll be left behind.

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