1310: Financial Planning in Support of Reparations

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 26 January 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

One of the most powerful ways to close wealth gaps, many agree, is through reparations. "A system of redress for egregious injustice," is how the Bookings Institute defines reparations. As allies and anti-racists, how can we support reparations through the various aspects of financial planning - investing, estate planning, taxes, and insurance? Guest Georgia Lee Hussey, founder of Modernist Financial, shares her advice and conversations she's having with clients around this important topic. Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney. Subscribe to her weekly So Money newsletter for the latest updates and adv Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So money is brought to you by CNET, the site that shows how to navigate change all around us.
0:06.6	So money episode 1310, exploring financial planning and reparations with
0:12.1	Georgia Lee Hussie, founder of Modernist Financial.
0:16.5	You're listening to So Money, with award-winning money guru Farneesh Karabi.
0:21.1	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:26.3	authors, influencers, and from Farneesh herself.
0:30.6	Looking for ways to save on gas or double your double coupons?
0:34.3	Sorry, you're in the wrong place. Seeking profound ways to live a richer,
0:38.4	happier life. Welcome to So Money.
0:43.1	What does it mean to acknowledge where wealth comes from,
0:48.5	and to acknowledge the systems that we're operating within when we make these financial
0:53.2	planning recommendations? You're listening to So Money, everybody. Welcome to the show.
0:57.8	I'm Farneesh Tarabi. We are looking at financial planning today through the lens of reparations.
1:05.0	How to make money moves that can help advance financial equality and close the wealth gap.
1:10.2	Our guest is Georgia Lee Hussie, founder of Modernist Financial and Certified Financial Planner.
1:16.0	We're going to go through the various 10 polls of financial planning from investing to donating
1:21.4	and estate planning, insurance, taxes, spending, and how to shift our dollars and our mindset
1:28.0	in a way to give back, specifically to support reparations. Here's Georgia Lee Hussie.
1:36.6	Georgia Lee Hussie, welcome back to So Money. We love having you on this show. I mean,
1:42.7	this should be like So Money with Farneesh and Georgia Lee at this point.
1:46.6	It's always a pleasure. You have been on the show so many times, and you've given us so much to
1:54.1	think about. Last you were on. We were in deep conversation about aligning our investments with
	...

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