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.
In this episode, Dr. John Delony explores the hidden challenges of success, focusing on the loneliness and mental health struggles many high achievers face.
But it's more than that: more than half of the U.S. are said to be living paycheck to paycheck, so how does one find joy in the stress of all of that?
Dr. Delony also offers practical advice on building a fulfilling life, highlighting the value of long-term goals and redefining what “enough” looks like. The discussion covers balancing work, relationships, and well-being in today’s fast-paced world.
Ideal for anyone seeking a healthier approach to success and happiness, this episode is filled with relatable insights and actionable advice. Enjoy!
Oh, and if your finances are out of control, a good place to start is with this free budgeting app from the team at Ramsey » https://ter.li/5b2cnz
✬ SPONSORS OF EPISODE 79 ✬
► 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
► COLEL CHABAD: Please help Israel as its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation!
► CHOMESH: "I made God a partner in my business by giving 20% to charity." Commit to giving 20% to charity and see the success that thousands of business owners are already experiencing - https://chomesh.club/
CHAPTERS:
00:00 Intro
02:15 How to Achieve Joy When Living Paycheck to Paycheck
05:45 What Do You REALLY Want?
08:27 Getting Back on the Wagon
09:05 Don’t Be Too Hard on Yourself
10:30 The Importance of Physical Fitness
14:34 Twillory
16:16 The Donors Fund
17:39 The Price of Prosperity
28:20 Being on the Same Page as Your Spouse
34:10 Chomesh
36:04 Colel Chabad
37:53 The Heart of the Matter
46:54 Dr. Delony's Take on Education
54:56 Eli’s Take on Education
57:07 Education Continues After Classes End
58:46 The Success in the Hasidic Community
59:04 Outro & Book Winners
Love Living Lchaim? You can help us!
Your tax-deductible donation enables us at Living Lchaim to share uplifting & insightful content! » https://www.livinglchaim.com/donate
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.
Why Is Jewish Tuition So Expensive?! A School Director Opens Up
Épisode 78
mardi 27 août 2024 • Durée 01:22:32
I'm nervous to do an episode on tuition at Jewish schools and Yeshivos.
It's always a loaded topic with questions and voice notes flying into my phone from passionate parents and school reps.
Hopefully, this conversation with Mrs. Ahuvah Heyman, a school director of a girls' school with over 500 students, is helpful and enlightening.
Mrs. Heyman can be reached at BusinessOffice@bnosyisroel.org; she also appeared in our Israel Seminary episode - https://youtu.be/DQJMmhjpcYw
Here is a fantastic 22-minute podcast episode from Rabbi Moshe Walter titled "Should Charity Organizations, Shuls, and Yeshivos Publicize Their Accounting?" - https://bit.ly/TzedakaTransparency
✬ SPONSORS OF EPISODE 78 ✬
► CHOMESH: "I made God a partner in my business by giving 20% to charity." Commit to giving 20% to charity and see the success that thousands of business owners are already experiencing - https://chomesh.club/
► COLEL CHABAD: Please help Israel as 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 a free account here: https://thedonorsfund.org/koshermoney
CHAPTERS:
00:00 Intro
01:40 Who is Ahuvah Heyman?
05:26 The Tuition Struggle
06:57 Communication is Key
The Man Who Left Wall Street to Find Meaning and Millions | KOSHER MONEY
Épisode 69
mercredi 13 mars 2024 • Durée 01:16:25
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
The Hasidic Man Who Created Millions Out of Nothing | KOSHER MONEY
Épisode 68
mercredi 28 février 2024 • Durée 01:06:17
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
How the Rich Avoid Paying Taxes (and How You Can, Too)
Épisode 67
mercredi 14 février 2024 • Durée 01:31:54
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
How Jews View Money Differently Than Everyone Else
Épisode 66
mercredi 31 janvier 2024 • Durée 01:03:37
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
A Successful Businessman Shares his Playbook on How to Give Back
Épisode 65
mercredi 17 janvier 2024 • Durée 01:00:31
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, Australia, London and has been in Toronto since 1981.
Oh, and he married a girl from Austria for good measure. You’ll notice his unique accent as a world traveler.
Mr. Heitner shared what inspires him, as well as the challenges he faces in the relatively unique position he is in.
He gives so much of his money away, which makes him the perfect person to speak to about how to give charity, the connections he makes along the way, why he gives and where.
He also dropped valuable advice for those who want to create a SUCCESSFUL business.
A special shoutout to Motty Meijer who helped make this episode a reality.
If you're in the market for promotional items or uniforms for your business or organization, consider Motty's Head to Toe Promos and Head to Toe Uniforms:
► 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 - Limited Time Offer, On a $139 Purchase. ENJOY!
I Asked a Rabbi for Life Gems and Monetary Guidance — His Answers Blew Me Away (feat. R' Aryeh Lebowitz)
Épisode 64
mercredi 3 janvier 2024 • Durée 01:13:52
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-needed donation! They're counting on you.
► 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
► 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!
Spending is Slowly Destroying Jewish Communities from Within
Épisode 63
mercredi 20 décembre 2023 • Durée 01:07:02
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 eloquently shared his research, insights and guidance to everyone looking to live within their means (and a happier life as a result).
To reach Rabbi Gewirtzman, you can email RabbiGewirtzman@gmail.com
✬ SPONSORS OF EPISODE 63 ✬
► 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
► 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 they need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on you.
Rabbi Gewirtzman's other classes are available on...
What Successful People Know That Most People Don't (Featuring Jason Feifer)
Épisode 62
mercredi 6 décembre 2023 • Durée 01:07:21
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 the change or let the change control you. (Evil laugh.)
JK, he's awesome. ENJOY!
📖 Jason's book on change is named "Build for Tomorrow" - https://amzn.to/3Rvdu6T
🔗 Contact Jason here & learn more about his work: https://www.jasonfeifer.com/
📧 Get on Jason's "One Thing Better" email list here: https://onethingbetter.email
✬ SPONSORS OF EPISODE 62 ✬
► 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
► 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 they need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on you.
Follow Kosher Money on social media:
TikTok - https://www.tiktok.com/@koshermoneypod
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Découvrez des podcasts liées à Kosher Money. Explorez des podcasts avec des thèmes, sujets, et formats similaires. Ces similarités sont calculées grâce à des données tangibles, pas d'extrapolations !
Need financial guidance? Get help 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.
► 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:
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.
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:
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.
► 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:
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.
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/
► 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. Get a free account: https://thedonorsfund.org/koshermoney
► COLEL CHABAD: Please help Israel as they need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on you.
Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
WhatsApp us at 1-914-222-5513 - we love feedback, legit!
For bonus content on our episodes, visit http://Mishpacha.com or pick up a new Mishpacha magazine weekly!
Subscribe to our YouTube channel for more awesome content! :)
More shows here: https://www.livinglchaim.com/
Disclaimer: The information provided is for general informational purposes only and is not intended as financial, investment, tax, legal, or other advice. You should not rely on this information as a basis for making investment decisions. Always seek the advice of a qualified professional for personalized advice. This content does not constitute a recommendation to buy or sell any securities or other financial instruments.
