33. Divorce And Your Money | An Interview with Jean Chatzky from HerMoney

07/05/22 • 49 min

In today's talk, we discuss the complex relationships that women have with money. How we earn it, how we save it, invest it, and spend it... and those relationships can get even more complex when our personal relationships — specifically, our marriages — come to an end.

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32. Feel like you're behind on retirement? An interview with The Money Nerds

In this episode we talk about:

How my experience as financial advisor led her to become passionate especially about finance for women
Trying parts of my life that served as financial lessons for her
Unrealistic expectations around primary breadwinning and motherhood
How women can shift the conversation around money by addressing finance on the micro and macro levels
Why women need to be intentional with career choices and realize that good is good enough
The importance of automation in your finances
How I advises people that feel like they are too far behind to start investing in their retirement
Rethinking retirement norms
Starting the financial conversation with your parents and figuring out the best financial plan for them
The psychological toll navigating your parents’ finances can take

Next Episode

34. Crypto, Community, BFF, and Playlists

Is Crypto the way forward for women investors or is it style over substance and group think? This has been on my mind lately and I can’t wait for us to dive in together!

“Fear,” “anxiety,” “inadequacy,” and “dread” are words that 47% of women with at least $25,000 of investable assets associate with financial planning. Women are less comfortable managing their retirement investments and making investment decisions than men. Only a fraction of American women (26%) is investing in the stock market. Why is this the case? Largely, it’s simply an issue of avoidance, fear of the unknown, and a long tradition of lack of financial guidance to, and discussions with, our daughters as they grow up.

Multiple studies substantiate that when women focus on investing and leave their fears and avoidance at the doorstep, they can be effective in building their wealth through investing without taking on outsized risks and trying to get rich quick.

Links mentioned in this episode: