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Money Rehab with Nicole Lapin

"I Quit Gambling... Now What?" (Listener Intervention)

06 Oct 2025

Description

With the rise and legalization of sports betting platforms, gambling has never been easier— and compulsive gambling has never had a lower barrier to entry. Today, Nicole talks to a Money Rehabber who has had many highs and devastating lows over a decades-long career of gambling. Today, he shares how he’s building a healthier relationship with money, and they make a financial plan that helps him pave the way for a better financial future. If you or someone you know is struggling with a gambling problem, check out the recourses at the National Center for Problematic Gambling This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.  *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Audio
Transcription

Full Episode

0.031 - 19.516 Nicole Lapin

Imagine trying to become a pro athlete without having a coach. It sounds crazy, right? We all need help leveling up in areas that matter to us. And that's why one of the smartest financial moves you can make is working with a certified financial planner. Domain Money CFP professionals don't just hand out generic financial advice.

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19.836 - 40.905 Nicole Lapin

They help people get on track for early retirement, fix messy investment allocations, and figure out the perfect timing for major purchases like buying a home. What I love about their approach is that they don't do cookie-cutter financial plans. They actually dig into what you're trying to achieve and optimize everything around your specific goals. Here's what you need to do.

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41.066 - 59.985 Nicole Lapin

Book a free strategy session to see if they're a good fit for your situation. Zero pressure, just real advice tailored to where you're at financially. You can get started today at domainmoney.com slash money rehab. And here's what I totally respect about them. They use transparent flat fees so you know exactly what you're paying up front.

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60.366 - 75.115 Nicole Lapin

No sneaky percentage fees eating into your returns or surprise charges that derail your financial progress. Your financial plan isn't some one and done document. As your life changes, they're right there helping you adjust your strategy so you stay on track towards your money goals.

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75.455 - 96.693 Nicole Lapin

Domain gives you something most people never have, a step-by-step financial plan that actually makes sense and doesn't make your brain hurt. So get started today and book your free strategy session at domainmoney.com slash money rehab. I am not a real client of Domain Money. Via Money Rehab, I receive compensation and have an incentive to promote Domain Money.

97.174 - 120.623 Nicole Lapin

See important disclosures at dmnmny.co.x. What is your bank doing for you? And how much is it costing you? That's a serious question, because if they're charging you $8 a month with zero extra services, I've got to stage an intervention here. What are you paying them for anyway to hold your money for you? You deserve better. That's what I love about Chime.

120.743 - 140.18 Nicole Lapin

There are no monthly fees, no maintenance fees. My younger self would have definitely benefited from this. It's not just the no fees thing. It's what they have to offer you, too. If you set up direct deposit, you can get paid up to two days early automatically. And with qualifying direct deposits, you're eligible for free overdraft up to $200 on debit card purchases and cash withdrawals.

140.541 - 158.723 Nicole Lapin

Plus, they have over 47,000 fee-free ATMs. So seriously, ask yourself, what is your bank doing for you and just how much are they charging you to do it? And if the math isn't mapping, think about making a change. Work on your financial goals through Chime today. Open an account in just two minutes at Chime.com slash MNN.

159.144 - 171.817 Unknown

Chime feels like progress. Chime is a financial technology company, not a bank. Banking services and debit card provided by the Bancorp Bank N.A. or Stride Bank N.A. Members FDIC. Spot me eligibility requirements and overdraft limits apply. Timing depends on submission of payment file. Fees apply at out-of-network ATMs. Bank ranking and number of ATMs according to U.S. News and World Report 2023.

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