Ep 408: Pay Off Your Debt In Baby Steps With Jade Warshaw

Having kids is a huge life decision, and more American women are either delaying motherhood or choosing not to have kids at all. Despite the short-term plunge — and comeback — during the early years of the pandemic, the birth rates have been consistently trending down. There are a few reasons for this, namely, kids are really expensive, and millennials have a lot of student loan debt to pay off. Jade Warshaw, cohost and debt elimination expert on the Ramsey Show, found herself in almost half a million dollars of debt, but was able to completely change her financial life in order to ensure she could start the family she’d always dreamed of. In her new book, “Money’s Not a Math Problem,” she goes over the easiest ways to create a budget that works, pay down debt, and free yourself from negative money mindsets that may be holding you back.  In Mailbag, we hear from a listener who’s getting a jump start on taxes and is wondering whether to report her side gig to the IRS. We also hear from someone who just paid down her debt (yay!) and wants to know the best place to put the extra $300 she has a month. In our money tip of the week, Bitcoin ETFs were just approved… is now the time to buy?  Have thoughts about the show that you’re dying to share? Take our podcast and community survey! We can't wait to hear what you think. The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Anyone who tells you women don’t need financial advice specifically for them is wrong. Women, whether they’re the caretakers, the breadwinners, or both, face a unique set of financial challenges. That’s where HerMoney comes in. In her frank, often funny, but always compassionate way, Jean Chatzky takes every audience of women through the steps they need to take today to live comfortably (and worry-free) tomorrow, offering the latest research, expert tips and personal advice. Want more money news when you need it? Get the latest and greatest updates on all things investing, budgeting, and making money. Subscribe to the HerMoney newsletter at HerMoney.com/subscribe!