Haley Sacks
Financial educator and content creator known as Mrs. Dow Jones; author of Future Rich Person and host of the podcast Financial Tea
Haley Sacks (Financial educator and content creator known as Mrs. Dow Jones; author of Future Rich Person and host of the podcast Financial Tea) has appeared as a guest on 1 episode in TMT. Topics they speak about most include Personal finance, Entrepreneurship, Taxation of small businesses.
In their words
Positions and remarks grouped by topic, each with the exact quote and where it was said.
Personal finance
Sacks recommends a money date reviewing the last three months of statements, plus waiting three days before purchases and removing cards from Apple Pay.
“I want you in the next 24 hours to drop an anchor and have a money date”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 57:29
Sacks contends the financial system profits from consumer ignorance through fees.
“The financial system profits off of your ignorance. So they're not motivated for you to understand things”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 16:15
Sacks recommends couples split rent based on income rather than 50-50.
“I always say you should always split rent based on income versus just a percentage, 50-50”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 5:46
Sacks argues the new American dream is about owning one's time and freedom rather than decades of corporate employment.
“The new American dream is... owning your time and having freedom”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 2:07
Entrepreneurship
Sacks says the best way to become more profitable is to ask for more, raise prices, and cut underpaying clients.
“your prices, cut clients who are sucking you dry and not paying you enough”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 1:02:17
Sacks argues women in particular should focus on earning more rather than cutting spending, because women are underpaid.
“I think women are severely underpaid. We don't ask for enough”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 26:56
Taxation of small businesses
Sacks advises never letting potential deductions drive spending decisions.
“I would also say to be wary of spending money as a write-off. Never let that influence your spending”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 53:38
Sacks warns entrepreneurs against writing off clothing because it increases audit risk.
“there's certain write offs that make you more susceptible to be audited. And clothing is one of them”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 48:32
SEP IRA
Sacks highlights tax-advantaged retirement accounts like the SEP IRA as key for entrepreneurs to lower taxable income.
“So like the SEP IRA can put over $70,000 into it”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 49:16
Cost of college education
Sacks says she cannot recommend taking on hundreds of thousands in student loans for an uncertain degree and suggests in-state schools and transferring.
“I just can't, in my right mind, tell someone to take out $400,000 in student loans for a degree”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 46:30
Renting versus buying a home
Sacks, a millionaire renter, argues renting and investing the down payment can outperform buying, particularly in Manhattan.
“if I rent an apartment and I invest that down payment money in the stock market, I'm going to make much more”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 42:55
Credit cards and credit scores
Sacks rejects Dave Ramsey's no-credit-card rule, saying paying cards on time builds credit.
“I completely disagree. And I disagree with a lot of his advice. You absolutely should have credit cards”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 41:17
Social media and self-presentation
Sacks says the only way to grow wealth is to spend less than you earn and invest the difference.
“the only way that you grow wealth is to spend less than you make and to invest that difference”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 19:53
Sports betting
Sacks argues men's sports betting losses are normalized while women's spending is shamed.
“even if you look at sports betting and prediction markets, people are getting into so much debt, specifically men from that”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 12:38
Girl math
Sacks criticizes girl math as feminizing financial ignorance in a way that keeps women stuck.
“it also is this feminization of being stupid”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 11:34
Tradwife
Sacks advises stay-at-home spouses to use spousal IRAs, have their names on assets, and keep their own money.
“you need to have a spousal IRA, which allows you to put money away for your retirement, even if you don't have taxable income”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 10:30
Freedom fund
Sacks argues money matters because it allows people to leave bad jobs or relationships.
“I think it's so important to have money because it allows you to walk away from things that aren't serving you”
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast: Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419 (Oct 5, 2026) · Listen from 3:47
Appearances
Haley Sacks: The American Dream Is Dead! The New Rules for Building Real Wealth | Finance | E419Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast · Oct 5, 2026 · 1 h 11 min
Hala Taha talks with Haley Sacks (Mrs. Dow Jones) about the new American dream, freedom funds, outdated money rules, earning more, and entrepreneur tax strategy.
Often appears with
- Hala Taha · 1 shared episode