4.7 • 1.9K Ratings
🗓️ 9 July 2025
⏱️ 29 minutes
🧾️ Download transcript
Today’s guest has long been a trusted voice in the world of smart shopping and consumer advice, and now she’s turning her attention—and resources—to a new mission: empowering midlife entrepreneurs. Trae Bodge is a journalist, television commentator, and consumer expert who’s helped millions save at the checkout. However, after the passing of her mother in 2023, Trae felt compelled to do something more profound and personal.
In this episode, we discuss her newest venture, the Threadneedle Alley Foundation, a nonprofit she recently launched to provide $5,000 grants and mentorship to midlife entrepreneurs facing financial hardship. The organization is named after the street where her mother ran a beloved small business for decades, and this work is Trae’s way of honoring that legacy while addressing a gap she’s long observed in her professional life: great small business ideas without the resources or support to thrive.
We explore why midlife is often the perfect time to launch a business, the biggest misconceptions around starting over at 40 or 50, and how we can all think more creatively and fearlessly about what’s next. Trae also shares some Prime Day shopping tips and how to make sure you’re not getting duped by false “deals.”
Whether you’re dreaming up your second act or just trying to save a little money this week, there’s something for you in this conversation.
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0:00.0 | So Money episode 1850, a new way for midlife entrepreneurs to score free money. |
0:07.1 | You're listening to So Money with award-winning money guru Farnoosh Torabi. |
0:12.0 | Each day, get a 30-minute dose of financial inspiration from the world's top business minds, |
0:17.3 | authors, influencers, and from Farnoose yourself. |
0:24.0 | Looking for ways to save on gas or double your double coupons? Sorry, you're in the wrong place. Seeking profound ways to live a richer, happier life. |
0:30.7 | Welcome to So Money. We started Threadneedle Alley too because I realize I know so many |
0:37.2 | entrepreneurs and there were so |
0:38.8 | many entrepreneurs in my family. And at this time in my life, I feel like I'm at the top of my game. |
0:45.6 | And I think part of that is because I'm in midlife because I have decades of experience under my |
0:50.0 | belt. I have that maturity that comes with all of these years. And I think that there's something |
0:54.9 | really magical and powerful about that. Welcome back to So Money, everybody. I'm Farnuch Tarabi. |
1:00.2 | Our guest today has been a long trusted voice in the world of smart shopping and consumer |
1:06.2 | advice. And now she's turning her attention and resources to a new mission that I know will interest |
1:12.2 | many of us, empowering midlife entrepreneurs. Trey Bodge is a journalist, television commentator, |
1:19.3 | and consumer expert who's helped millions of people save at the checkout. But after the passing |
1:24.3 | of her mother in 23, Trey felt a calling to do something deeper and more |
1:29.8 | personal. In this episode, we'll talk about her newest venture. It's called Threadneedle |
1:33.9 | Alley Foundation, a nonprofit she recently launched with family members to offer multiple |
1:39.6 | $5,000 grants and mentorship to entrepreneurs in midlife who are facing financial hardship. |
1:46.5 | The organization is named after the street where her mother ran a beloved small business for |
1:50.9 | decades. And this work is Trey's way of honoring that legacy while addressing a gap. |
1:56.1 | She's long observed in her professional life, great small business ideas without the resources or support to |
... |
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