72 episodes

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 income earners in the United States simply to get by!
The Solution
Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish.

Hosted on Acast. See acast.com/privacy for more information.

Kosher Money Living Lchaim

    • Religion & Spirituality
    • 4.9 • 695 Ratings

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 income earners in the United States simply to get by!
The Solution
Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish.

Hosted on Acast. See acast.com/privacy for more information.

    The Money Conversations Happening Behind Jews' Closed Doors (with Dr. Debra Alper)

    The Money Conversations Happening Behind Jews' Closed Doors (with Dr. Debra Alper)

    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 the complex relationship between financial stress and mental health.
    She sheds light on how societal pressures and personal financial management can significantly impact our psychological well-being. She offers practical advice for families on educating young adults about finances without instilling fear.
    She explores the concept of self-worth beyond financial success, providing valuable insights into living a more fulfilled and balanced life.
    Whether you're dealing with financial anxiety or looking to understand the broader societal impacts of wealth, this discussion is a must-watch!
    Contact: dalper@kadimapsyc.com and https://www.kadimapsyc.com/
    ✬ SPONSORS OF EPISODE 71 ✬
    ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation!
    ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI at https://Twillory.com/KosherMoney
    ► THE DONOR'S FUND: More people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen additional perks. Get your account here: https://thedonorsfund.org/koshermoney
    CHAPTERS:
    0:00 Intro
    1:02 Meet Dr. Alper
    1:47 Finance and Mental Health
    3:49 Finance Education for Children
    7:38 Financial Rat Race
    10:38 Communal Effect on Finances
    13:44 Colel Chabad
    14:55 Financial Transparency
    17:22 Shame and Finance 
    19:25 Reasons for Overspending 
    20:50 Social Comparisons
    23:10 Social Standards
    27:46 Twillory
    28:48 Self Worth & Net Worth
    30:27 Writing 18Forty Article 
    31:37 Tech, Social Media, Finance, & Mental Health
    36:12 Tech Education for Children
    39:04 The Donors Fund
    41:08 Spendings and Values
    46:07 The Field of Psychology  
    50:21 Attitude Towards Money Over Time
    52:41 Thank You, Dr. Alper
    52:54 Outro
    ✬ Donate and Inspire Millions (Tax-Deductible) ✬
    Your generous donation enables us at Living Lchaim to share uplifting & insightful content! https://www.livinglchaim.com/donate
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    Free Call-In-To-Listen Hotline:
    USA: 605-477-2100
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
    WhatsApp feedback to 1-914-222-5513
    All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or actual life advice.
    #KosherMoney #KosherMoneyPod #Money #JewishMoney #MentalHealth

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    • 56 min
    Don't Make These Mistakes | Brutally Honest Money Advice from One of the World's Wealthiest Jews

    Don't Make These Mistakes | Brutally Honest Money Advice from One of the World's Wealthiest Jews

    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 who sold his pharmaceutical business in 2012 for $800 million.
    We asked him those questions and more at a sit-down in his home.
    You can find Dr. Rich Roberts' YouTube channel here: https://www.youtube.com/@DrRichardRoberts
    ✬ SPONSORS OF EPISODE 70 ✬
    ► TWILLORY: Stock up on polos, button-downs, blazers, pants and more by Friday, March 29th, 2024 with code Pesach18 ($18 off $250+) or Pesach36 ($36 off $350+). If it's after that date, get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney
    ► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
    ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
    ✬ Donate and Inspire Millions (Tax-Deductible) ✬
    Your generous donation enables us at Living Lchaim to share uplifting messages globally, enrich lives, and foster positive change worldwide! Thank you! 🙏

    ➡️ https://www.livinglchaim.com/donate
    __________________________________
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    ____________________________________
    Free Call-In-To-Listen Hotline:
    USA: (605) 477-2100
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
    WhatsApp us at 1-914-222-5513 - we love feedback, legit!
    Subscribe to our YouTube channel for more great content! :)
    Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment or actual life advice.
    #KosherMoney #KosherMoneyPod #Money #JewishMoney #LakewoodNJ
    [If you listened to the end of the outro, here's my new favorite song from the Thank You Hashem team » https://youtu.be/mACVOoUCkXM]

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    • 1 hr 17 min
    The Man Who Left Wall Street to Find Meaning and Millions | KOSHER MONEY

    The Man Who Left Wall Street to Find Meaning and Millions | KOSHER MONEY

    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 quest for meaning and guiding his entrepreneurial spirit toward ventures that not only seek profit but also enrich lives.
    Mort reveals how adversity fueled his passion for creating real change, leading to the birth of Marriage Fitness and the revolutionary laundry service app, Poplin.
    His journey is a vivid illustration of how one can harness the power of faith and entrepreneurial acumen to transform challenges into opportunities for success and service.
    Tune in to uncover Mort Fertel's unique insights into building a multi-faceted empire grounded in Jewish values, and learn how dedication, faith, and a desire to make a difference can turn the boldest visions into a stunning reality.
    To contact Mort Fertel, visit https://www.linkedin.com/in/mortfertel/
    Mort's Book Recommendations:
    The Psychology of Money » https://amzn.to/49IuqOW
    The 7 Habits of Highly Effective People » https://amzn.to/48KUlEs

    ✬ SPONSORS OF EPISODE 69 ✬
    ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY!
    ► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
    ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
    CHAPTERS:
    00:00:00 - Early Beginnings
    00:02:30 - Sports to Success
    00:05:45 - Wall Street and Beyond
    00:08:10 - Quest for Meaning
    00:11:20 - Embracing Judaism
    00:14:00 - Marriage Fitness Creation
    00:17:25 - Launching Poppin
    00:20:40 - Impact and Philosophy
    00:33:00 - Network Effect and Scaling
    00:36:15 - Raising Capital
    00:39:30 - Strategic Investments
    00:42:45 - Global Vision
    00:45:55 - Entrepreneurial Mindset
    00:49:10 - Legacy and Lessons
    00:52:25 - Financial Wisdom
    00:55:40 - Looking Ahead
    Follow Kosher Money on Social Media for Bonus Shorts:
    TikTok - https://www.tiktok.com/@koshermoneypod
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    Instagram - https://www.instagram.com/livinglchaim/
    Facebook - https://www.facebook.com/livinglchaim
    LinkedIn - https://www.linkedin.com/company/living-lchaim
    Free Call-In-To-Listen Hotline:
    USA: (605) 477-2100
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
    WhatsApp us at 1-914-222-5513 - we love feedback, legit!
    Subscribe to our YouTube channel for more great content! :)
    Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
    #podcast #poplin #koshermoney #laundry #money #laundrypros

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    • 1 hr 16 min
    The Hasidic Man Who Created Millions Out of Nothing | KOSHER MONEY

    The Hasidic Man Who Created Millions Out of Nothing | KOSHER MONEY

    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 of accumulating wealth but also of unwavering faith, relentless perseverance, and a steadfast commitment to Jewish values.
    He was kind enough to visit the Living Lchaim studio and share the lessons he learned along the way.
    Watch now and discover the secrets behind turning bold visions into breathtaking reality.
    To contact R' Yonasan Schwartz with your follow up questions, comments and more, email him at 2328655@gmail.com
    CHAPTERS:
    00:00 - Intro
    00:47 - Rav Yonasan Schwartz’s Background
    05:47 - Exploring Passions
    07:17 - Why Toys?
    08:18 - Embracing Risks in Business Beginnings
    10:23 - Small Strides, Great Success: The Power of Incremental Growth
    13:06 - Hasidic Jews in Business
    15:46 - The Donors’ Fund
    17:35 - Don’t Play the Victim Card
    20:46 - The Hasidic Mentality in Business
    22:43 - Rethinking the Role of Formal Education in Business"
    26:37 - Digital Compassion: The Ripple Effect of Kindness on WhatsApp
    28:49 - Balancing Tradition: Navigating Modern Excess in Jewish Celebrations
    38:49 - Twillory
    40:00 - Continuing to Navigate Modern Excess in Jewish Celebrations
    49:51- Building Tomorrow: The Importance of Educating the Future Generations
    51:52 - Navigating Business Success in the Digital Age
    53:43 - Colel Chabad
    55:16 - The Tranquility of the Sabbath
    57:08 - Additional Thoughts From Rav Yonasan
    1:01:48 - How You Can Reach Rav Yonasan
    1:02:24 - LivingSmarterJewish.org
    1:03:34 - Outro
    ✬ SPONSORS OF EPISODE 68 ✬
    ► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
    ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY!
    ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
    Follow Kosher Money on Social Media for Bonus Shorts:
    TikTok - https://www.tiktok.com/@koshermoneypod
    Instagram - https://www.instagram.com/koshermoneypod
    Follow Living Lchaim for More Goodies:
    TikTok - https://www.tiktok.com/@livinglchaim
    Instagram - https://www.instagram.com/livinglchaim/
    Facebook - https://www.facebook.com/livinglchaim
    LinkedIn - https://www.linkedin.com/company/living-lchaim
    Free Call-In-To-Listen Hotline:
    USA: (605) 477-2100
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
    WhatsApp us at 1-914-222-5513 - we love feedback, legit!
    Subscribe to our YouTube channel for more great content! :)
    Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
    #podcast #yonasanschwartz #koshermoney #millionaire #money

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    • 1 hr 6 min
    How the Rich Avoid Paying Taxes (and How You Can, Too)

    How the Rich Avoid Paying Taxes (and How You Can, Too)

    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 it comes to our taxes.
    We pay AFTER the fact when there's so much we could've done ahead of time to help us keep more of the money we make.
    We sat with Elliot Pepper who has got a heck of a lot of initials after his name. He helps people plan their financial futures through ACTIONABLE and PROACTIVE tax planning and preparation. 
    This episode of Kosher Money is anything but boring. It's informative and fun. 
    To contact Elliot with your follow up questions, comments and more, visit https://www.northbrookfinancial.com/
    CHAPTERS:
    0:00 Intro
    1:29 Meet Elliot Pepper
    2:47 There's a Tax Game
    4:50 Strategy Encouraged by the Government
    6:13 The Proactive Tax Approach
    9:54 Wealth Raises the Stakes
    12:01 Finding the Right Accountant 
    18:01 W2 vs. W9 Form
    19:42 Twillory
    21.59 W9 Form
    23:09 LLC Benefits
    30:09 Filling Out a W4
    33:13 Pay Taxes Now or Later
    35:26 Standard Deduction & Itemized Deductions
    39:09 An Interesting Strategy 
    42:29 The Donors Fund
    44.51 Write-Offs
    47:35 401k and IRA Retirement Plans
    51:17 Roth Retirement Plan
    52:48 Setting Up Retirement Plan
    56:25 IRA Contributions
    57:25 Start a Plan Now 
    59:56 Scammer Risks 
    1:02:22 HSA - Health Savings Account
    1:05:59 Dependant Care Credit
    1:08:27 Colel Chabad
    1:10:15 529 Education Account
    1:14:41 Life Events & Saving Strategies
    1:17:46 Business Organizational Tips
    1:19:44 Tax Audits
    1:23:44 Elliot Pepper’s Work
    1:24:47 Book Recommendation
    1:26:01 Contact Info & Thank You
    1:27:06 Outro & Bonus Tip
    ✬ SPONSORS ✬
    ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY!
    ► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
    ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
      __________________________________
    Follow Kosher Money on Social Media for Bonus Shorts:
    TikTok - https://www.tiktok.com/@koshermoneypod
    Instagram - https://www.instagram.com/koshermoneypod
    Free Call-In-To-Listen Hotline:
    USA: (605) 477-2100
    UK: 0333-366-0154
    ISRAEL: 079-579-5088
    Need financial guidance? Need a resource? Get help from our friends at https://LivingSmarterJewish.org/
    WhatsApp us at 1-914-222-5513 - we love feedback, legit!
    Subscribe to our YouTube channel for more great content! :)
    Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
    #podcast #money #taxes #writeoffs #accountant #koshermoney

    Hosted on Acast. See acast.com/privacy for more information.

    • 1 hr 31 min
    How Jews View Money Differently Than Everyone Else

    How Jews View Money Differently Than Everyone Else

    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 brother) to discuss Eli’s burning money questions.
    To learn more about Rabbi Simon Jacobson’s work and reach out, visit https://www.meaningfullife.com/
    Be sure to subscribe to his YouTube at https://www.youtube.com/user/Meaningfullife
      
    ✬ SPONSORS OF EPISODE 66 ✬ 
     ► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us. 

     ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY! 

     ► THE DONOR'S FUND: More and more people are using this banklike system for charity, especially for year-end tax deductions. Takes less than 60 seconds to create a free account, deposit money and immediately receive a receipt. The best part? You can then allocate that money to charities NEXT YEAR (and beyond). Sleek mobile app. Sign up here: https://thedonorsfund.org/koshermoney 
    Follow Kosher Money on social media: 
    TikTok - https://www.tiktok.com/@koshermoneypod 
    Instagram - https://www.instagram.com/koshermoneypod 

    Free call-in-to-listen feature: 
     🇺🇸 USA: (605) 477-2100 
     🇬🇧 UK: 0333-366-0154 
     🇮🇱 ISRAEL: 079-579-5088 
    Need financial guidance? Get help from our awesome friends at https://LivingSmarterJewish.org/
    WhatsApp us at 1-914-222-5513 - we love feedback, legit! 
    Subscribe to our YouTube channel for more great content! :) 
    Oh, and again: all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
    BONUS: The Jewish Entrepreneur (TJE) provides business professionals and start-up companies with free mentorship and guidance necessary to establish a successful, thriving business. Get or Become a Mentor Here: https://tjenetwork.com/
    #podcast #money #rabbi #chabad #koshermoney

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    • 1 hr 3 min

Customer Reviews

4.9 out of 5
695 Ratings

695 Ratings

Elig96 ,

Great podcast

One of the best financial podcasts!

m0ng08 ,

I’m not Jewish but…

Episode 66. Very profound. The rabbi speaks of many universal truths. I listen to all episodes. All are very informative. Universal truths.

kcwhat ,

Financially, Jewish

I’m not Jewish but after listening and learning, from this podcast, I’m financially, Jewish. This is one of my top three financial podcasts. It’s filled with reasonable, rich and detailed information. I recommended KM all the time.

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