This week on the podcast we’re dealing with a very foreign concept for many of us: an inheritance.
It’s what happens when one of your loved ones kicks the bucket and generously leaves some of their money to you.
But what do you do with a small inheritance? Do you use it to pay off your student loans? Buy a new car? Stash it in an emergency fund? Invest the whole damn thing and say your prayers to the Oracle of Omaha?
As usual, we have THOUGHTS. Listen to the episode to get them blasted straight into your ear holes!
Here it is, Bitch Nation: the moment you’ve all been waiting for. The moment we’ve been teasing for months. It’s time for SEASON THREE OF THE BITCHES GET RICHES PODCAST!!!
Yeah, yeah, I know it took a while. But there were extenuating circumstances (see: coronavirus resulting in general ennui). But since we recently won the Plutus Award for Podcast of the Year (#stopthesteal), we figured we should get off our shapely butts and actually put out an episode of said podcast.
So here it is! And it’s a good one, if we do say so ourselves. In this episode we demonstrate our extensive parenting expertise (none) and experience with student loans (lots). We also wax philosophical about the future costs of higher education. Will little Timmy eventually have to fight in the Thunderdome to get into Princeton? Only time will tell!
We come to you today with a VERY SPECIAL EPISODE™ of the Bitches Get Riches podcast. And it features a VERY SPECIAL GUEST™: Diania Merriam, owner and founder of theEconoMe Conference!
As you guys know, we rarely have guests on the Bitches Get Riches podcast (unless they’re Santa Claus, of course). It’s a lot of pressure to keep up with our 15-year-long friendship of inside jokes and internalized poor taste. We can’t inflict that on just anyone.
But Diania is exactly the sort of brave bitch we knew could handle the challenge. And she’s got some personal experience with the question at hand! So we welcomed her onto the podcast to answer this question from an anonymous listener:
I work in an extremely toxic work environment. My boss is disrespectful, the whole company culture is abusive, and HR has been utterly dismissive of my issues. Walking in the door every morning feels like I’m entering Shawshank Penitentiary. I’m at the end of my rope and I know I have to leave to save myself. But I haven’t been able to land a new job yet. I have some savings, but I’m definitely not financially independent. I’d describe it as a small amount of ‘Fuck You Money,’ but not enough to live on for more than maybe 4-6 months. Should I quit? Even before I have a new job lined up?
Diana floored us with a bunch of great insights. (Did you know if you quit your job because of a hostile work environment, you’re still entitled to collect unemployment? We freakin’ didn’t! Huh, I wonder why workplaces don’t mention that fact more often?) Tune in to listen to the three of us discuss the answer.
IT’S THE SEASON FINALE! And we’re ending it with a bang. Obviously by “bang” I mean a meditative quest to free oneself from the bitterness of resentment as we navigate this unjust and inequitable world. Because come on, it’s us!
The tl;dr of today’s episode is: comparison is the thief of joy.
If you’re constantly comparing yourself to your seemingly more successful, productive, and flush with cash peers, it can be majorly discouraging. We’ve talked before about why you shouldn’t hold yourself to the standard of the uber-successful, or why you shouldn’t long to splurge before you’re ready.
But one of the many, many horrible features of this global pandemic is that it’s becoming harder to avoid comparison. The internet—where we’ve all been forced to work and play while social distancing—is chock full of productivity porn and highly edited content specifically designed to make you feel like you’re not doing enough. Like you’ll never be enough.
So today on the podcast, we’re addressing how frustrating and hard it can be to stay motivated and encouraged when your peers seem to be crushing it… and you feel left behind in the dirt.
If you’re new here, let me get you up to speed: personal finance is personal. And as a result, it’s also often complicated—a Choose Your Own Adventure with multiple right answers and mitigating circumstances.
Which is why it is so easy to feel stuck in your career or financial journey. What do you do when you’re just fine… but you want more? How do you overcome crippling stagnation? How do you justify leaving the safety of your established, safe career… and risk everything to leap headlong toward your dreams?
Alternatively: when is the safe and not-super-fulfilling job sometimes exactly what you need? What could you do with the excess creative mental energy that a boring day job affords?
All these questions (and much talk of Spiderman!) on this week’s episode.
The financial lessons we received from our parents are problematic for many reasons.
For one thing, they’re often out of date, as the economic atmosphere of the 1970s and 1980s is a far cry from what we’ve experienced in a post-2008 world. We’re long past the quaint advice to pay for college by “getting a summer job” and to start a career by “walking into a business and asking for a job in the mailroom.” Heckin precious.
But there’s also the way an assumption of background knowledge can lead to further confusion. For if you don’t understand basic financial principles, the sweet knowledge nuggets your beloved Boomer dad drops on you might go down like lead balloons. Just as you can’t understand where Beyoncé came from without Destiny’s Child, you can’t talk about getting loans until you understand how interest works!
This week we’re dealing with just this issue. Petey is one of my oldest and strangest friends. I made him walk down the aisle with Kitty at my wedding in the hopes that those two weirdos would have a vulgar joke-off (alas, they conducted themselves with the decorum expected of a bridesmaid and a groomsman and saved the nasty shit for the dance floor).
Petey has his head all in a tizzy over his dad’s vague and incomplete financial advice. So we decided to set the poor boy straight!
You’re employed. You’re making enough money to live on and putting a little away for the future. And you’re filling your free time with stuff you find enjoyable and fulfilling.
… but is it enough?
This week we handle the nagging feeling that you should be doing more with your time. It’s hard to fight against the advice that you need a second income stream, the coveted “side hustle”, even when in reality you’re doing just fine. It’s all tied into that most frightening of the coronavirus pandemic’s side effects: productivity porn.
And if that wasn’t enough terror, we slip in a real palm-sweaty story about that one time
KITTY READ PIGGY’S DIARY
WAS TOTALLY CAUGHT RED-HANDED, THAT FUCKING SNAKE!!
We Bitches are many things—king makers, trendsetters, practitioners of all the best grandma hobbies. We’re also unapologetically obsessed with r/AmItheAsshole, Reddit’s glorious channel dedicated to the important and if-you-had-to-ask-you-already-know question “Am I the Asshole?”
This week we just could not fucking resist pulling a money-related question straight from r/AITA. Trust me: it was worth it. Dedicated readers and listeners will recall just how strongly we feel about the etiquette of tipping servers in these United States. So naturally, this one got our hackles up. Hopefully it will get your *cackles* up!
Read on for a phonetic spelling of gnocchi from an irritatingly oblivious guy who “likes to eat,” but only if the food is stolen and/or McDonalds. And ladies (just making an educated guess here), he’s recently single!
It’s with great pride I warn you to brace yourselves: this is the best/worst episode we’ve ever recorded. Listen with fascination and/or horror as Kitty and I enter the absolute peak of our quarantine cabin fever, and dwell incessantly on the following topics:
Kitty won’t shut up about fried chicken sandwiches.
She experimentally combines the chicken sandwich theme with an absolutely disgusting sexual metaphor, for absolutely no reason.
Piggy blows a year’s worth of bottled self-confidence to boldly insist that Hugh Laurie was in Home Alone.
Shrek memes? Shrek memes.
It’s all in the service of answering a thorny listener question about coworkers. Specifically, the kind of coworkers that make messes and leave others to clean up.
Shitty coworkers: may you never know them, may you never be them.
Yet sometimes they can’t be avoided. This week on the podcast, we’re delving deep into the seedy underworld of shitty coworkers and what to do about them.
Do you try to manage their behavior, adding more work to your schedule by babysitting their incompetent asses? Do you confront them directly? Do you suffer in silence, hoping the misery they cause will guilt them into shaping up? Or do you bide your time, waiting for the right moment to sabotage their entire livelihood in the eyes of your supervisor?
We discuss all these tactics and more in a particularly bitchy episode of Bitches Get Riches!
This week’s question
Today’s question comes to us from Tumblr follower Shrikeseams, or as Kitty kept saying, “ShrekMemes!” They ask:
Hey Bitches & Community! Any tips on throwing incompetent coworkers under the bus with grace and poise? Some friends in my former workplace (event planning) who do most of the “client facing” work are tired of getting screwed by incompetent coworkers fouling things up behind the scenes and leaving the front end to take the blame. How do you place blame where it’s due when the client can’t see it and your management team is too defensive/lazy to act?
Today’s episode was brought to you by fried chicken sandwiches. Specifically Beth’s Homemade Baked Spicy Chicken Sandwiches over at Budget Bytes, made with love by a life partner who labors over a hot stove while you scream-laugh inside the guest bedroom closet.
But there would be no fried chicken sandwiches without our Patreon community! While we don’t use their donations to buy our dinner ingredients, we do rely on them to pay for the recording equipment, editing software, file sharing, and podcast hosting that makes these episodes possible.
So if you enjoyed this HIGHLY UH INTERESTING episode, join our community! You’ll get to take part in group discussions about potential topics, pitch ideas to us directly, and pat yourself on the back for paying artists and educators for their work.
Paying it forward! Not just a cheesy movie starring lil baby Haley Joel Osment anymore!
Before I got my first big-kid job, I benefited from three different internships. The super kind, super dedicated, and super patient people who supervised me at these internships had an incredible impact on my education and career. I’ll never know why they put up with me, I’m just grateful they did.
So when I got that big-kid job, I knew I needed to start an internship program for the company. My work ethic and on-the-job know-how had been shaped by my mentors, and I felt the best tribute to these kind people (all of whom I’m still in touch with to this day) was to pay it forward.
I’ve had dozens of interns over the course of my career. And Kitty is part of her company’s professional mentorship program. By our powers combined, we’ve got loads of advice on how to be a good mentor—and more importantly, how to be a good mentee.