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Optimal Finance Daily - Financial Independence and Money Advice

1748: Make Your Money Work Hard, So You Don’t Have To by Victoria Sexton with Women Who Money on Investing Plans

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 22 December 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

Victoria Sexton of Women Who Money talks about investing for women Episode 1748: Make Your Money Work Hard, So You Don’t Have To by Victoria Sexton with Women Who Money on Investing Plans The co-founders of Women Who Money are Amy Blacklock from Life Zemplified and Vicki Cook, from Make Smarter Decisions. Vicki and Amy connected initially online and eventually met in person at a financial conference in the fall of 2017. They’ve both reached financial independence and left full-time work to devote more time to family, pursue passion projects, and embrace fun and challenging opportunities. They enjoy collaborating on original content and sharing great articles written by and for women. The original post is located here: https://womenwhomoney.com/reasons-women-need-investments/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily episode 1748.

0:04.0

Make your money work hard so you don't have to.

0:07.5

Buy Victoria Sexton with WomenWhoMoney.com

0:11.5

I'm your host and personal finance enthusiast, Diana Mariam.

0:15.5

Now let's get right to it and continue optimizing your life.

0:23.5

Make your money work hard so you don't have to.

0:26.5

Buy Victoria Sexton with WomenWhoMoney.com

0:31.0

Why invest more than the men in your life?

0:34.5

Studies have shown that in 2021 women still make just 82 cents for every dollar that men make.

0:42.0

The fact that the wage gap has yet to be bridged is just one more reason why women need to be investing more than men.

0:51.0

According to the same survey, almost 75% of men invest in the stock market while only 51% of women invest.

1:00.0

The reality is that in order for women to prepare for the future and make sure they're well taken care of, they need to put their money to work.

1:09.5

The higher the returns from investments, the less you need to scrimp, save, and work overtime.

1:16.5

You can work less if your money works harder.

1:20.5

Women can take care of themselves, yet the fact of the matter is that most women take care of everyone else in their lives before taking care of themselves.

1:31.5

While it's in our nature to take care of other people, we should first focus on taking care of ourselves, including taking care of our money.

1:41.5

One of the best ways to ensure we're taking care of now and later in life is by investing.

1:48.0

Just like the announcement you hear every time you fly on a plane, put your oxygen mask on before helping others.

1:55.5

The same goes for women and their money.

1:58.5

Women need to make sure they're on solid financial ground before taking care of everyone else.

2:05.0

One of the best ways to make sure your money is taking care of and working hard for you is by investing in the stock market.

2:13.0

Three reasons for women to invest more than men.

...

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