What You Need to Know About Child Savings Accounts and Medicaid
What is a Trump account and how to apply for Medicaid?
1What is a Trump Account?
A Trump account is a specialized savings account designed for children. Parents can contribute regularly to these accounts for their kids' future. Farnoosh shares the pros, cons, and best practices for maximizing these accounts.
2Tips for Medicaid Applications
Medicaid is a health coverage program for low-income individuals. The episode covers key considerations for the application process and how to improve approval chances, especially for elderly parents.
3Is 20% Enough for a Home Downpayment?
A 20% downpayment is a traditional approach when buying a home. But is it sufficient? The discussion explores different financial scenarios and offers tailored advice for various situations.
4What is Financial Therapy?
Financial therapy is a discipline that examines the relationship between money and mindset. Bobbi Rebell shares her certification journey and how understanding our money psychology can improve financial decisions.
5Balancing Time and Money
Andy Hill argues that the ultimate goal of earning money is time freedom. He shares how he balances part-time work with family life and redefines financial independence. Money should be a tool, not the key to happiness.
6Managing College Expenses
College costs are rising every year. Farnoosh provides tips on how to afford education and assess its value. Is spending $100k annually reasonable? The answer depends on personal financial circumstances.
7Parenting During Adolescence
Bridget KerMorris discusses how to build healthy relationships with teenagers. Topics include the importance of emotional connection, handling peer pressure, and teaching money management skills.
8Wealth and Women in the Art World
The art market is known as a space where billionaires hide and manage their wealth. Women's roles in this world are often overlooked. This episode explores the complex relationship between wealth and gender.
9Book to Brand Workshop
Details about Farnoosh's upcoming 'Book to Brand' workshop are shared. Early registration opportunities and workshop content are highlighted. The workshop teaches authors how to turn their books into brands.