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Kosher Money

Living Lchaim

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Living the life of an Orthodox Jew in the 21st Century often necessitates a very significant income. Unfortunately, many are struggling to keep up. The Problem Is Bigger Than We Realize The cost of life for an Orthodox family with children can range from $150,000 to $350,000 or more, depending on city and schools of choice, lifestyle choices and number of children. The median income in America is $68,000 per family. This means that a family would potentially need to be in the top 5% of all i ...
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Meet Igor Meystelman, a debt specialist who gives us an inside look into the world of debt. He uncovers the real truth behind credit cards like you've never heard before and shares eye-opening stories about the debt people are facing behind closed doors. He was so eloquent and quite a few of the things he shares will really open your mind. To conta…
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Have you ever wondered how many people get financial help from their parents when purchasing a home? What mistakes do people make when it comes to buying or selling a home? What should people know about interest rates? What are strategies for building wealth through real estate? We spoke with Yael Ishakis, a loan officer with FM Home Loans, who dro…
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Our newest Kosher Money episode is the incredible, gripping story of Yankel Meislin, a boy from Long Island whose past involves drug dealing, gangs and hundreds of thousands of dollars of hidden cash. Yankel's jaw-dropping tale is a powerful reminder that true success isn't just about money but living a life with real values. His transition into a …
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How can the Jewish community live with wealth without the addiction of consumption jeopardizing our mental health? Meet Dr. Debra Alper who wrote a fantastic article on the topic here: https://18forty.org/articles/affluence-money-mental-health/ We had an enlightening conversation with Dr. Alper, a seasoned clinical psychologist, who dives deep into…
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If you started from $0 today and wanted to get wealthy, what would you do? What money mistakes prevent people from making money? What is a smart approach to investing? What should you do if three people approach you in a dark alley? Who's gonna win the presidency in 2024? Meet Dr. Rich Roberts, an entrepreneur and philanthropist from Lakewood, NJ w…
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Join us as we delve into the fascinating journey of Mort Fertel, a visionary entrepreneur and relationship expert, whose path from a small town outside Philadelphia to the pinnacle of success is a testament to innovation, resilience, and the transformative power of faith. His encounter with Orthodox Judaism marked a pivotal turn, deepening his ques…
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Embark on an extraordinary journey with us as we unfold the remarkable tale of a Hasidic man who arrived on American shores with nothing but ambition. Witness his transformation from being penniless to becoming a prosperous icon of success, crafting a multi-million dollar empire from the ground up with the help of Hashem. His story is not just one …
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According to a 2021 study, the wealthiest 400 billionaire families in the United States paid an average federal individual tax rate of just 8.2 percent. For comparison, the average American taxpayer in the same year paid 13 percent. So, what do the rich know that you don't? For one, the rich are proactive tax planners. Me? You? We're reactive when …
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What is money? How does Judaism view money? Does it view it differently than the rest of the world? Rabbi Simon Jacobson has enlightened millions of people across the world with his genius insights and eloquent words on practically everything Judaism has to offer. We had the privilege of sitting down with Rabbi Jacobson (yes, he is Rabbi YY’s broth…
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What would you do if you woke up and suddenly had hundreds of millions of dollars in the bank? Meet Bentzion Heitner, a hard-working Canadian businessman and philanthropist who sold his business for many hundreds of millions of dollars not too long ago. Since then, he’s given millions away to charities across the world. He’s lived in New Zealand, A…
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Take a peek inside the inbox and mind of Rabbi Aryeh Lebowitz who has fielded thousands of questions from across the world. To reach Rabbi Lebowitz, you can email BKNWrabbi@gmail.com ✬ SPONSORS OF EPISODE 64 ✬ ► COLEL CHABAD: Please help Israel as they need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-need…
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The cost of an Orthodox Jewish living isn't low. But do we make the challenge harder on ourselves? Put another way, if I come to the Rabbi and say "Good news! I just received a 5% raise and I'm now making $175,000! I've made it! Finally, time to breathe." How would he respond? We went through that and more with Rabbi Eliezer Gewirtzman who eloquent…
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So you're looking to be successful? There's no shortcut, but there's something you should know, says Jason Feifer, editor-in-chief of Entrepreneur magazine. Change is inevitable. How you prepare for it and react to it will separate you from the pack. Jason shares stories throughout history that brings this point home. Heed his advice and control th…
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Meet one of the smartest Jews in the world. Rabbi Yitzchak Breitowitz is a distinguished figure known for his contributions in both Jewish scholarship and law. He was born in April 1954 in New York to Holocaust survivor parents. Rabbi Breitowitz's educational background includes graduating magna cum laude from Harvard Law School and receiving his R…
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Steve Goodman went bankrupt, got cancer and faced all sorts of adversity. Shmuel Goodman built himself anew and says he is the luckiest guy in the world. His life story is transformative, captivating and full of lessons and wisdom. Enjoy! ✬ SPONSORS OF EPISODE 60 ✬ ► COLEL CHABAD: Please help Israel as they need all the help they can get! Visit htt…
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Oh, this episode is a really, really good episode. Incorporate what hedge fund manager Jason Lieber has to say and you'll be in a much better financial frame of mind. Contact Jason Lieber at Jason@mydacapital.com ✬ SPONSORS OF EPISODE 59 ✬ ► COLEL CHABAD: Please help Israel's neediest! Visit https://www.ColelChabad.org/KosherMoney to make a much-ne…
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Do you know why Jacob, our forefather, was the wealthiest of our forefathers? Rabbi Daniel Glatstein shares the reason in this insightful episode of Kosher Money, revealing what most people can go through an entire life without knowing! Be sure to subscribe Rabbi Daniel Glatstein's YouTube channel here: https://www.youtube.com/@RabbiDG You can cont…
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Think you know money? Think again! Money has an interesting way of playing tricks on our minds and only those who are either gifted or trained will spot them! Rabbi Naftali Horowitz reveals what EVERYONE should know. ✬ SPONSORS OF EPISODE 57 ✬ ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professi…
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Join us for a transformative episode of the Kosher Money Podcast, featuring the insightful Adele Dubin and Natasha Srulowitz from Wayfind Careers. Passionate about helping individuals flourish in the professional realm, the Wayfind team offers a unique approach that resonates not only with young adults but also with anyone feeling adrift or uncerta…
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So, you want be a success businessman or businesswoman...is there a secret? Well, maybe there is more than one, but we'll let entrepreneur Ira Zlotowitz share with you what he's seen from decades in the commercial real estate business. Ira can be reached at iraz@gparency.com or hit him up on his cell which he shared in the interview - wild! If you …
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Meet Alan Rosenstock. His organization collects over $10 million annually in one of the richest counties in America for the poorest people in his community. He has stories, he makes me cry and he is in a rush! (See what happens right when the interview ends, lol. He's awesome.) If you enjoyed this episode and want more, be sure to rate it 5 stars w…
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Jewish Grandma Energy: Level 100! 🔋 Dina is a National treasure we must protect at all costs. We bumped into her after a visit to the supermarket and she was flowing with utter brilliance. ✬ SPONSORS ✬ ► TWILLORY: Get $18 off your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 i…
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Think you know all there is to being rich? Think again. Rabbi Joey Haber shared eye-opening thoughts about money in ways we've never heard before. First time here? Like and Subscribe! ✬ SPONSORS OF THIS EPISODE ✬ ► TWILLORY: Get $18 off your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which…
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Our latest episode of Kosher Money features Marshall Allen, author of the thought-provoking book, "Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win." Allen challenges the status quo of healthcare billing and shares powerful insights on how individuals can effectively navigate and challenge medical expenses. With prac…
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In this episode of Kosher Money, we explore the topic of making aliyah and the financial implications of moving to Israel. Our guest, Yaakov Ehrenkranz, a financial advisor who specializes in helping new and veteran olim adjust to the financial reality in Israel, provides us with valuable insights into the costs, opportunities, and challenges of ma…
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We sat with a real estate professional, Joseph Kahn, and a wealth advisor, Yudi Goldfein, who will take you through the ins & outs of real estate investing. Whether you're a beginner or a seasoned investor, you'll find valuable insights in our conversation. Real estate investing can be a lucrative way to build wealth, but it's also an area where pe…
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Are Jews overly obsessed with money and materialism? And if yes, what sort of change is needed from the community and individuals? That's the focus of our newest episode of Kosher Money, featuring Rabbi Jeremy Wieder, a Rosh Yeshiva at Yeshiva University. To learn more about YU's new MBA scholarship and how to apply for this awesome opportunity, em…
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Are you always on the hunt for a great deal? Do you love to travel but hate breaking the bank? Then you're in for a treat. In this episode, we're speaking with the founder of DansDeals, Dan Eleff, and his brother, JJ. DansDeals is a website that has helped millions of people save big on everything from flights to everyday purchases. With their seem…
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In this episode of the Kosher Money Podcast, we sit down with returning champ Mitchell Eisenberger to discuss the power of building relationships to level up and be successful. As a seasoned professional in the world of networking, he has witnessed first-hand the importance of playing the long game in establishing connections that can last a lifeti…
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In this insightful video, Rabbi Naftali Horowitz, a renowned financial expert and author, shares five critical things to know to be a successful investor. With years of experience in the financial industry, Rabbi Horowitz has helped countless individuals and businesses to make smart investment decisions and grow their wealth. Whether you are a seas…
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Ever fell for a financial scam? Think it could never happen to you? Think again. Meet Aliza, a courageous victim of a scam that took her $20,000 in life savings. She boldly tells her story, so you don't become the next victim. We then sit with expert Marc Herskowitz who has seen his share of scams and scammers as part of the title insurance busines…
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Think you know money? Think again. Rabbi YY Jacobson will walk you through what money is and isn't, and open your mind in unbelievable ways in the process. With millions of views across the web and tens of thousands of fans, Rabbi YY shares his wisdom at TheYeshiva.net and on YouTube at https://www.youtube.com/c/RabbiYYJaco... ✬ SPONSORS OF THIS EP…
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Can you imagine being a top ten executive in a Fortune 20 company at the ripe old age of 35?! That's exactly what Laizer Kornwasser did and he visited the Kosher Money studio to share some of the secrets behind his success. He's successfully managed organizations ranging from 500 to 5,000 employees and has played a key role as President, COO and SV…
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6.6 million Americans struggle with gambling addiction, and a growing number are betting on sports. What happened? The floodgates opened in 2018 when the Supreme Court cut down a 1992 federal law that limited sports betting primarily to Nevada. Now, gambling is in the office, it's in our cars, it's in our homes, it's in our bedrooms. Does this have…
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Each year, thousands of Orthodox Jewish girls go to seminary, an educational institution often located far from home, in the United States and abroad, particularly in Israel. The costs associated with this decision can be significant, and in many instances, girls and their families may prepare for years to afford it or, unfortunately, fall into deb…
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Welcome to Kosher Money, a podcast that helps Orthodox Jews and people across the world make smart financial decisions and achieve their money goals. In this episode, we have a special guest: Dave Ramsey, the bestselling author and host of The Ramsey Show. Dave is a personal finance expert who has helped millions of people get out of debt and build…
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This Kosher Money episode is entirely unique to our series of recordings as we have an anonymous ultra Orthodox Jewish couple in-studio to discuss the financial friction they experience at the start of their marriage and how they were able to overcome it. Their names have been changed to protect their identity, as well as faces blurred. We would li…
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Jason Steele is a journalist and credit card expert, writing about the world of credit card rewards. Oh, and he has 20 credit cards, pays his balance in full every month and travels around the world, staying at luxurious hotels...FOR FREE. How does he do it? Which credit cards does he recommend? What are common credit card myths? Can he help save/m…
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How do you create income, build wealth AND protect your assets? There’s quite a bit you need to do, but more and more people are doing it successfully and retiring with millions of dollars. Kosher Money sat down with New Jersey’s Isaac Goldsmith who is an MS, CFP, CLU, and RICP—Google all of that—to discover the secret. To contact Isaac, email isaa…
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Rabbi Manis Friedman, YouTube's most popular Rabbi, re-entered the Kosher Money studio to discuss seemingly everyone's favorite topic: money. Rabbi Manis Friedman is a world-renowned author, counselor, lecturer and philosopher. Enjoy the conversation! LINKS: • ENGLISH BOOK: "Creating a Life That Matters" → https://amzn.to/3fuGpIN • HEBREW BOOK: "I …
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Feeling overworked and underpaid? Welcome to your ticket to achieving the ultimate workplace benefit-- more time and more money! Each of us gets just 168 precious hours of life per week. If you're like most folks you work fifty of those hours and sleep another fifty. That means 60% of your time is spoken for before the alarm even rings Monday morni…
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Investing doesn't come naturally to people, which is why Kosher Money welcomed Aric Zamel, a wealth manager at UBS Financial Services, Inc., into our Long Island-based studio. We discussed the importance of investing, the magic of compounding, emotions that come into play, the mistakes people tend to make and so much more. To reach Aric with your q…
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Rabbi Yosef Kushner returns to the Kosher Money podcast to discuss Maaser, the charitable act of giving away 10% of your earnings to charity. Is it a biblical commandment? Where did this custom come from? What are the benefits? Can one give away more than 10%? Those questions and more were discussed in an action-packed episode. Oh, Rabbi Kushner ha…
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Picture this: you’ve been a Rabbi at a Long Island synagogue for over 37 years and it’s time to retire. You don’t have much money to retire on - just $50,000, but it’s enough. You’ve never really invested money before, though in a relatively short amount of time, you turn that $50,000 into…$7 million. What would you do with the cash? How would your…
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So you want to get started on Amazon? Is it too late? Are people still making real money on the platform? What should you know about selling on Amazon? We brought in a few of the smartest people on the platform to have this conversation. GUEST INFO ► Eytan Wiener of GETIDA (eytan@getida.com), who also co-founded the Prosper Show, the largest Amazon…
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What does the Torah/Bible tell us about financial success? Rabbi Daniel Lapin returns to the Kosher Money studio to reveal Biblical insights to becoming wealthy, a better person, a better communicator, a better family man, and more. Books: 📕 Thou Shall Prosper - https://amzn.to/3RSmy59 📕 Business Secrets from the Bible - https://amzn.to/3cjyI6y * T…
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This is an important episode. Estate planning is the management of a person’s estate DURING a person's life in the event the person becomes incapacitated or dies. It’s not a whole lot of fun to think about, but one can save their family a whole lot of grief if they properly take care of merical directives, healthcare proxies, a will, a trust, HIPAA…
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One question we often get asked is: Can schools teach our children about financial literacy? Well, the Kosher Money team set out to speak to seniors at HAFTR (Hebrew Academy of the 5 Towns) in Cedarhurst, NY to learn more about what schools are and are not teaching, how these young adults view money and to share tips and tricks with the future lead…
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It's not every day a 34-year-old walks away from a career worth millions and millions of dollars. Meet Morris Smith, who in 1992 was managing over $19 BILLION over at the Magellan Fund, and, in the words of Aish.com, had "achieved a level of success that most others can only dream of." So why walk away from it all? That's exactly what we asked this…
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Meet Micha Stocks, a homemade YouTube influencer educating Hebrew speakers on the stock market. Think of Micha as a CNBC for Israelis, a service that hasn't existed until Micha (real last name: Catran) picked up a camera in 2021 and shared his wisdom with just a few followers, streaming live and dropping insightful videos in his native tongue. That…
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