Are you listening to this episode on the website? If so, hopefully you're seeing the new layout...it's slowly rolling out and will hopefully be complete by the time you're reading this.  

If you haven't checked it out, please do! It's so much cleaner and easier to navigate.  

Okay, on to the show.  We started hour one with Ari from NYC, a physician who has done a great job of saving for retirement but is a little concerned about his asset allocation.  Next up was Dianne in Portland who was wondering if she and her husband need to consult with a financial advisor.  Two great calls to start the show.  

This week is another example of how the radio and podcasting world really is like a small fraternity/sorority where hosts often appear on each other’s shows.

Today it’s Felix Salmon, host of the Slate Money podcast, joining us. If you’re not familiar with Felix, I think the best way to describe him is as a contrarian and/or curmudgeon…something he happily admits!

I’m a big Felix fan and have been reading (he did stints at Reuters, Portfolio Magazine and Euromoney) and listening to him for quite some time so I had a list of topics to cover, including:

• Corporate responsibility
• Active versus passive investing
• His ongoing relationship with Anthony Scaramucci
• The student loan crisis
• What’s next for the US economy

In addition to hosting Slate Money, Felix is currently the editor of Cause and Effect. 

If you want some good laughs and top notch commentary, follow Felix on Twitter.

Have a finance related question? Email us here or call 855-411-JILL.

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http://betteroffpodcast.com/

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Ask some Wall Street veterans where they were on October 19, 1987 and they will likely regale you with details of any crisis. My life changed that day in ways that often creep up on me. Indeed, Black Monday was the single worst day in Wall Street history, with the Dow Jones Industrial Average plunging by more than 22 percent in one session--that’s the equivalent of the blue chip index diving by more than 5,000 points today.

It was a “First Class Catastrophe”, according to our first class guest and storyteller supreme, Diana Henriques, who dropped by the studio to help us retrace the events that led up to that day.

Diana joined us on the podcast earlier this year when her book, The Wizard of Lies: Bernie Madoff and the Death of Trust, was made into an HBO movie. This time around Diana is joining us to discuss her latest book, A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History. As Diana recounts, Black Monday was more than seven years in the making and threatened nearly every U.S. financial institution.

There were missed opportunities, market delusions, and destructive actions that stretched from the “silver crisis” of 1980 to turf battles in Washington and a rivalry between the New York Stock Exchange and the Chicago Mercantile Exchange.

Here’s the crazy thing...you’d think that after Black Monday, lessons would be learned. But in her analysis, Henriques demonstrates how that Monday in the fall of 1987 was the predicate to the financial crisis of 2008. Sadly, investors, regulators, and bankers failed to heed the lessons of 1987, even as the same patterns resurfaced.

This was a fascinating interview for me because I lived through this period. I had just started my career on Wall Street, as the chaos was unfolding. I watched firsthand as my father nearly lost his business. This chat was like going down memory lane and it’ll give you guys a good glimpse of the life I used to live before I started hosting podcasts and radio shows!

“Better Off” is sponsored by Betterment.

Have a finance related question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in iTunes!

Connect with me at these places for all my content:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

http://betteroffpodcast.com/

https://itunes.apple.com/us/podcast/b...

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

So often on this podcast, and on my radio show, we field questions from recent grads with insane amounts of student loan debt. Sometimes it’s enough debt to wreck a life.

There’s enough blame to go around, but so often it’s a case of students feeling the pressure to go to fancy, high priced colleges to study what seems like an obscure major. But before you think that I am about to argue that every able-bodied student should be studying for a degree in a STEM (science, technology, engineering, mathematics) field, read on...

Let me pose a question. What is wrong with a well-rounded liberal arts degree? A degree, which I might add, can be earned at countless reasonably priced colleges.

George Anders, our guest this week on Better Off makes a strong case in his recently released book, You Can Do Anything: The Surprising Power of a "Useless" Liberal Arts Education.

You don’t have to be a rocket scientist or know how to write computer code to succeed in today’s work environment.

When you really think about it, it’s amazing how many doors a so called “useless” liberal arts education can open.

As George says, you can be yourself, as an English major, and thrive in sales. You can segue from anthropology into the booming new field of user research; from classics into management consulting, and from philosophy into high-stakes investing. At any stage of your career, you can bring a humanist’s grace to the rapidly evolving high-tech future.

If you’ve got kids starting the college application process, who are resisting calls to declare a STEM major or if you’re thinking about furthering your education by going to grad school, listen to this episode before making any decisions.

“Better Off” is sponsored by Betterment.

Have a finance related question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in iTunes!

Connect with me at these places for all my content:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

http://betteroffpodcast.com/

https://itunes.apple.com/us/podcast/b...

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

We're keeping this blurb here for the next few weeks as a reminder that there's a new place for Jill on Money content - YouTube!  Seems like a no-brainer, but sometimes it takes a little outside help (h/t to JOM friend, Joe A!) to recognize the obvious.  So don't freak out.  Going forward, we're going to put all our radio and podcast content on YouTube! It'll be easier for you to navigate and listen to past shows, because everything will be in one place.  Just click any of the links below and you'll be able to listen to this week's show as well as anything else you see that might interest you, including all the Better Off podcast content if you haven't been listening. Let us know what you think by emailing us at askjill@jillonmoney.com.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour One Here

We started the show with Victoria in Baltimore who had a question about one of my favorite topics in the world...annuities! Yet another example of someone trying to sell an insurance product to someone who doesn't need it!! Thankfully, Victoria has a good BS detector.

Our inbox has been slammed, and still is, so we spent the rest of hour one trying to clear it out a bit.  Not quite there but we made a good dent.

It's graduation season so in hour two we thought we'd help out some of these money neophytes as they prepare to enter the real world by chatting with Erin Lowry, author of the new book: Broke Millennial: Stop Scraping By and Get Your Financial Life Together.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour Two Here

As Erin says, it’s easy to get freaked out by finances. But you’re not doomed to spend your life drowning in debt or being mystified by money. It’s time to stop scraping by and take control of your money and your life with this savvy and smart guide.

The book doesn’t just cover stuff like credit card debt, investing, and budgeting, it also tackles tricky money matters and situations including:

• Understanding your relationship with money: do you treat it like a Tinder date or marriage material?
• Managing student loans without having a full-on panic attack
• What to do when you’re out with your friends and can’t afford to split the bill evenly
• How to get “financially naked” with your partner

If you're looking for a gift for the college grad in your life, consider picking up a copy...it could help that person enter the real world on the right path.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio

We're keeping this blurb here for the next few weeks as a reminder that there's a new place for Jill on Money content - YouTube!  Seems like a no-brainer, but sometimes it takes a little outside help (h/t to JOM friend, Joe A!) to recognize the obvious.  So don't freak out.  Going forward, we're going to put all our radio and podcast content on YouTube! It'll be easier for you to navigate and listen to past shows, because everything will be in one place.  Just click any of the links below and you'll be able to listen to this week's show as well as anything else you see that might interest you, including all the Better Off podcast content if you haven't been listening. Let us know what you think by emailing us at askjill@jillonmoney.com.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour One Here

We started the show with Sandy in California who had some questions regarding long term care insurance deductions and then Jim in Atlanta had a fascinating question regarding withdrawal rates in retirement...he specifically wanted to know if the goal is to maintain the principal of the retirement account or to consume it? Probably the first time that question has been asked in the six plus years we've been doing the show.

In hour two we chatted with business and leadership guru Ken Blanchard, author of the new book, One Minute Mentoring: How to Find and Work With a Mentor--And Why You'll Benefit from Being One.

Ken has been working in this field forever.  He has co-authored 60 books and his works have been translated into over 40 languages and their combined sales total more than 21 million copies. In 2005 he was inducted into Amazon's Hall of Fame as one of the top 25 bestselling authors of all time.  The guys knows his stuff.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour Two Here

In his latest book, Ken and his co-author, Claire Diaz-Ortiz, a former Twitter executive and early employee, combine their knowledge to provide a systematic approach to intergenerational mentoring, giving readers great insight into the power and influence of mentoring and encouraging them to pursue their own mentoring relationships.

Throughout the book, Ken explains why developing effective communication and relationships across generations can be a tremendous opportunity for companies and individuals alike.

The book is sure to become the go-to source for learning why mentoring is the secret ingredient to professional and personal success.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio

We're adopting some growth hacking lessons from author and marketing pro, Sean Ellis (more on him in a bit) and creating a new place for Jill on Money content - YouTube!  Seems like a no-brainer, but sometimes it takes a little outside help (h/t to JOM friend, Joe A!) to recognize the obvious.  So don't freak out.  Going forward, we're going to put all our radio and podcast content on YouTube! It'll be easier for you to navigate and listen to past shows, because everything will be in one place.  Just click any of the links below and you'll be able to listen to this week's show as well as anything else you see that might interest you, including all the Better Off podcast content if you haven't been listening. Let us know what you think by emailing us at askjill@jillonmoney.com.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour One Here

Now to the show.  We started with Roland, who had a question about my favorite topic...annuities!!! His "advisor" has been giving him some advice but Roland isn't quite sure it's in his best interest...hence the call to us.  Next up was James in Atlanta with a rollover question.  A common question indeed that arises when people leave one company for another and have no idea what do to with their old retirement accounts.

On to hour two where we chatted with Sean Ellis, author of the new book, Hacking Growth: How Today's Fastest-Growing Companies Drive Breakout Success.

Look, you may not be a budding entrepreneur, but if you have kids in school I guarantee you some of them will have dreams of going to Silicon Valley and becoming the next tech superstar.  It's the world we now live in.  This is the book for that person.

CLICK HERE FOR LATEST SHOW ON YOUTUBE

Download Hour Two Here

Sean is the CEO and cofounder of GrowthHackers.com, the number one online community built for growth hackers, with 1.8 million global users.  From that site comes this book about how companies like Airbnb, Uber, Facebook, LinkedIn and others grew from humble beginnings into the powerhouses they are today.

But how did it happen?  How did Facebook become a site with nearly two BILLION users? As outlined in the book, there was a studied, carefully implemented methodology behind these companies’ extraordinary rise. That methodology is called Growth Hacking, and it’s practitioners include not just today’s hottest start-ups, but also companies like IBM, Walmart, and Microsoft as well as the millions of entrepreneurs, marketers, managers and executives.

It really is fascinating what goes on behind the scenes of the stores and websites we use in our daily lives.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio

Before you think about hitting the pause button, at least get through the latest episode of Jill on Money, because it's a good one! We started with Cindy in California, whose misfortune of losing her dad a couple years ago led to an inheritance worth more than $2 million.  But now Cindy is having a hard time finding someone trustworthy to help her formulate a plan, hence the call to us.  It was far from a simple answer so we kept her around for a couple segments. April 22 JOM Hour One

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Okay, now to Rachael O'Meara, our guest this week in hour two.  I have to say, I really enjoyed her new book, Pause: Harnessing the Life-Changing Power of Giving Yourself a Break.

April 22 JOM Hour Two

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Let's face it, we've all been there.  The feeling of being overwhelmed, burned out or stuck at work or in life. Your impulse might be to lean in and tough it out, but what you may really need to do is take a step back, reassess your life with a clear head and dive back in with purpose and poise.  And that's what this book is all about.  Taking that pause, taking a deep breath, regrouping and jumping back on the horse.

Throughout the book Rachael guides you through the steps of your own pause journey:

• The signs that you’re in need of a meaningful break
• Planning your optimal pause—whether it’s as short as a day or as long as an epic journey
• Reentering the world with renewed clarity and purpose

Rachel's book will give you the tools necessary to lead a more satisfying and fulfilling life -- and you may be able to do that by taking a five-minute walk outside, spending a day unplugged from digital devices, or taking off some time to simply quiet your mind.P.S. Check out our podcast!  It's called Better Off and it's sponsored by Betterment.  It's similar to the radio show yet a bit different.  We'd love hear your feedback!  You can download it via iTunes, Spotify or Google Play.  If possible, please leave a rating and/or review in iTunes.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio

Before helping all you budding wannabe Silicon Valley entrepreneurs out there, we did a little retirement planning in hour one.  First we helped Pat in Virginia who's in a unique situation.  Based on his calculations, Pat figures he'll actually earn MORE in retirement than he does now.  Given this unusual scenario, Pat is wondering how he can start to minimize the tax hit and if using a Roth 401k is a good place to start.  Next up was John from Georgia who is preparing for retirement and isn't quite sure how to handle the RMDs from his various accounts. April 15 JOM Hour One

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Are you an entrepreneur?  Or does your soon to be graduating child have dreams of going to Silicon Valley and becoming the next Mark Zuckerberg?  Let's be honest...these days, you don't have to go to California to become a successful entrepreneur.  To help hammer home that point we had a quick chat with Michael Moe, author of The Global Silicon Valley Handbook.

April 15 JOM Hour Two

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The book is written to be a fun, yet factual guide to thrive not only in Silicon Valley, but in the emerging Global Silicon Valley.

Silicon Valley has become synonymous with big ideas, start-ups, and inventing the future. But today, the magic of Silicon Valley has gone viral and global. From Austin to Boston, from Shanghai to Dubai, a Global Silicon Valley is emerging.

Michael maps out an insider's guide to Silicon Valley and the hottest emerging markets from around the world. The book highlights need-to-knows, including who the top VCs and angel investors are, phrases to avoid in a pitch, or even where to close a deal over dinner or beers.

So when you strike it big and become a billionaire, don't forget about us here on the Jill on Money show!

P.S. Check out our podcast!  It's called Better Off and it's sponsored by Betterment.  It's similar to the radio show yet a bit different.  We'd love hear your feedback!  You can download it via iTunes, Spotify or Google Play.  If possible, please leave a rating and/or review in iTunes.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio

Before helping you take charge of your career with my new best friend Nicole Lapin, we started off with some calls and emails.  First up was Nancy in Missouri, a business owner, who was wondering if it makes sense from a tax standpoint to keep making IRA contributions.  Next we chatted with Asa from New York who wanted to run his numbers by us to make sure his retirement plan is in good shape. April 8 JOM Hour One

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When you hear my unabashed enthusiasm and connection with today’s guest, Nicole Lapin, I think you will understand why we hit it off so quickly.    

Already an accomplished journalist by her thirtieth birthday, Nicole expanded her reach with the 2015 release of her New York Times bestseller, Rich Bitch. Yes, that’s the title. Nicole’s premise is simple: she wanted to own that word and use it to attract people who might not necessarily pick up a personal finance book.

Nicole’s latest book, which is laugh-out-loud funny, is called Boss Bitch: A Simple 12-Step Plan to Take Charge of Your Career.  Despite the title of both of her books, they are not exclusively for women. Both are about taking charge, no matter who you are.

April 8 JOM Hour Two

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Boss Bitch is about being a boss without having a business card or dozens of employees to prove it. Here are some topics that that Nicole explores:

Be the CEO of YOU by running your life like a business

• Think like a boss by being entrepreneurial within an existing company
• Getting, and crushing, your dream job
• Be a hustler by exploring your passions and making extra money
• The nuts and bolts of getting your OWN business off the ground

Nicole is all about investing in YOURSELF, bettering yourself to become better off in life and in your career will pay more dividends than any investment! These are not unique concepts, but like diet and exercise, just a few small steps often lead to long-lasting improvements.    

I had so much fun with this interview that I can’t wait for Nicole’s next book!  I suspect it will have a certain word in the title...

P.S. Check out our podcast!  It's called Better Off and it's sponsored by Betterment.  It's similar to the radio show yet a bit different.  We'd love hear your feedback!  You can download it via iTunes, Spotify or Google Play.  If possible, please leave a rating and/or review in iTunes.

Thanks to everyone who participated this week, especially Mark, the Best Producer/Music Curator in the World. Here's how to contact us:

• Call 855-411-JILL and we'll schedule time to get you on the show LIVE 

• Send an email: askjill@jillonmoney.com 

• Tweet us: @jillonmoney and @MTalercio