minimalism

Should I Do a Backdoor Roth?

ira 1.jpeg

We kick things off this week with one of the more popular questions we receive: Does it make sense for me to do a backdoor Roth IRA?

Some times it’s a no-brainer, but there are definitely some factors that need to be considered. That’s the conversation in the first segment with Jeff from Chicago.

Next up was Chelsea from North Carolina with a question about when it makes sense to take advantage of post-tax retirement contributions.

Digital minimalists are all around us. They're the calm, happy people who can hold long conversations without furtive glances at their phones. They can get lost in a good book, a woodworking project, or a leisurely morning run. They can have fun with friends and family without the obsessive urge to document the experience. They stay informed about the news of the day, but don't feel overwhelmed by it. They don't experience "fear of missing out" because they already know which activities provide them meaning and satisfaction.

Man oh man, that is music to my ears! That’s why I’m so excited about our guest this week in hour two, Cal Newport, with us to talk about his latest book, Digital Minimalism: Choosing a Focused Life in a Noisy World.

Newport gives us a name for this quiet movement, and makes a persuasive case for its urgency in our tech-saturated world. Common sense tips, like turning off notifications, or occasional rituals like observing a digital sabbath, don't go far enough in helping us take back control of our technological lives, and attempts to unplug completely are complicated by the demands of family, friends and work. What we need instead is a thoughtful method to decide what tools to use, for what purposes, and under what conditions.

Drawing on a diverse array of real-life examples, from Amish farmers to harried parents to Silicon Valley programmers, Newport identifies the common practices of digital minimalists and the ideas that underpin them. He shows how digital minimalists are rethinking their relationship to social media, rediscovering the pleasures of the offline world, and reconnecting with their inner selves through regular periods of solitude.

Technology is intrinsically neither good nor bad. The key is using it to support your goals and values, rather than letting it use you. This book shows the way.

Have a money question? Email me here.

Please leave us a rating or review in Apple Podcasts.

Connect with me at these places for all my content:

https://www.jillonmoney.com/
https://twitter.com/jillonmoney
https://www.facebook.com/JillonMoney
https://www.instagram.com/jillonmoney/
https://www.youtube.com/c/JillSchlesinger
https://www.linkedin.com/in/jillonmoney/
https://www.stitcher.com/podcast/jill-on-money
https://apple.co/2pmVi50

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Digital Minimalism with Cal Newport

Digital minimalists are all around us. They're the calm, happy people who can hold long conversations without furtive glances at their phones. They can get lost in a good book, a woodworking project, or a leisurely morning run. They can have fun with friends and family without the obsessive urge to document the experience. They stay informed about the news of the day, but don't feel overwhelmed by it. They don't experience "fear of missing out" because they already know which activities provide them meaning and satisfaction.

Man oh man, that is music to my ears! That’s why I’m so excited about our latest guest, Cal Newport, with us to talk about his latest book, Digital Minimalism: Choosing a Focused Life in a Noisy World.

Now, Newport gives us a name for this quiet movement, and makes a persuasive case for its urgency in our tech-saturated world. Common sense tips, like turning off notifications, or occasional rituals like observing a digital sabbath, don't go far enough in helping us take back control of our technological lives, and attempts to unplug completely are complicated by the demands of family, friends and work. What we need instead is a thoughtful method to decide what tools to use, for what purposes, and under what conditions.

Drawing on a diverse array of real-life examples, from Amish farmers to harried parents to Silicon Valley programmers, Newport identifies the common practices of digital minimalists and the ideas that underpin them. He shows how digital minimalists are rethinking their relationship to social media, rediscovering the pleasures of the offline world, and reconnecting with their inner selves through regular periods of solitude.

Technology is intrinsically neither good nor bad. The key is using it to support your goals and values, rather than letting it use you. This book shows the way.

Have a money question? Email us here.

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

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-... 

https://apple.co/2pmVi50

,

#305 Financial and Career Resolutions

,
JSminibrand1.png

Happy 2017!  A New Year means a new show, our first one in a while :)  What's the one word we all hear these first few days of January?  Resolutions!  We all make them, yet sadly few of us follow through on them.  Go to the gym.  Start a new diet.  Get more sleep.  The list goes on and on.  What about your finances?  Seems to me that should be at the top of the list. Since the new year is the perfect time to take a close look at your finances and career choices, we thought we'd have on an expert in the field.  So we went all the way to Toronto and found Leanne Jacobs, author of "Beautiful Money."  Okay, we didn't actually go to Toronto, though we would have to watch some hockey!  Leanne came to us to talk about her book, her life, what led her to where she is now and to help you tackle your resolutions.

Jan 7 JOM hour one

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2017/01/Jan-7-JOM-hour-one.mp3"][/audio]

Jan 7 JOM hour two

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2017/01/Jan-7-JOM-hour-two.mp3"][/audio]

Considering she has a degree in Biomedical Toxicology it's a pretty interesting story.  As she writes in her book, her work is about teaching clients how to create wealth in an authentic, joyful and mindful way. So if you're one of the many wondering what you can do this new year to improve your financial life or career, give this a listen, it may come in handy.

P.S. we have a new 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.

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 
,

#304 New Year's Special

,
JSminibrand1.png

This weekend we say goodbye to 2016 and hello to 2017!  It also means that there's no chance we're doing a live show this weekend...so you get one more holiday best-of from the Jill no Money team, aka me and Mark. Consider it our New Year's gift to you.  P.S. stay tuned for an EXCITING ANNOUNCEMENT IN 2017,  which we think you'll enjoy :) Back to this week...

First up you're going to hear from a guy you should be thanking every time you contribute to your 401(k):  Ted Benna, who is more commonly known as the "father of the 401(k)" because he created and gained IRS approval of the first savings plan.  That's right, he's the guy responsible for your 401(k).  Pretty cool, huh?  It's amazing to hear his story and the history of the plan and how the whole thing came about.

In hour two we chat with Rana Foroohar, journalist and author of "Makers and Takers," a book that discusses how the misguided financial practices and philosophies that nearly toppled the global financial system have come to infiltrate all American businesses.  Rana shows how the “financialization of America," the trend by which finance and its way of thinking have come to reign supreme, is perpetuating Wall Street’s reign over Main Street, widening the gap between rich and poor, and threatening the future of the American Dream.

dec-24-jom-hour-one

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2016/12/Dec-31-JOM-hour-one.mp3"][/audio]

dec-24-jom-hour-two

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2016/12/Dec-31-JOM-hour-two.mp3"][/audio]

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 
,

#303 How to Fail and Reinvent Yourself

,
JSminibrand1.png

Surprise, surprise...it's Christmas/Hanukkah weekend, which means we get to reinvent ourselves...in other words, you're getting a "best-of" show -- consider it our gift to you! 2016 saw a first for Jill on Money: a single guest for an entire show!  Who would be worthy of such an honor?  The one and only James Altucher.

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2016/12/Dec-24-JOM-hour-one.mp3"][/audio]

[audio mp3="http://www.jillonmoney.com/wp-content/uploads/2016/12/Dec-24-JOM-hour-two.mp3"][/audio]

I'm guessing by  now that you're at least somewhat familiar with James.  If you're not, this describes him in a nutshell:

  • Serial entrepreneur
  • Investor
  • Author
  • Podcast host
  • Self-proclaimed minimalist

More than anything else, what initially drew me to James is his ability to continually reinvent himself.  This is a guy who has been down many different career paths, made millions, lost it all more than once, yet somehow always comes out on top.  I really think you'll enjoy his story.

And if you didn't get it as a Christmas gift, I highly recommend you check out his book, Choose Yourself.

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 
,

#273 Exploring a Minimalist LIfe with James Altucher

,
JSminibrand1.png

I recently listened to a podcast that prompted me to say aloud, “I need to interview this guy!” Thankfully in the social media age, I was able to tweet the host, James Altucher to let him know: Apr 30, 11:29am via Twitter for iPhone

@jaltucher I just listened to your minimalist podcast and it blew me away...would you consider being a guest on my podcast?

  • Download the podcast on iTunes
  • Download the podcast on feedburner
  • Download this week's show (MP3)

From that tweet, “Jill on Money” history was made…for the first time in over five years of doing the show, we decided to have just one guest – James Altucher – for the ENTIRE show.

Even jaded Mark fell in love with James--here's a selfie we took in the studio.

Mark, Jill and James

If you are not familiar with James, you are in for a treat. He is a serial entrepreneur, investor, trader, writer and now podcaster. What drew me to James was his authenticity and willingness to talk about not just success, but also his failures. As you hear about his life, you may think, “How can I be more like this guy?” If so, you should read James’ book, “Choose Yourself”. You should also check out this post about minimalism as well as these posts that I think will be of great interest:

How to Be the Luckiest Guy on the Planet in 4 Easy Steps

How I screwed Yasser Arafat out of $2mm (and lost another $100mm in the process)

It’s Your Fault:

I’m Guilty of Torturing Women

The Girl Whose Name Was a Curse

The 100 Rules for Being a Good Entrepreneur:

The Easiest Way to Succeed as an Entrepreneur.

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