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So Money with Farnoosh Torabi

1976: Why Women's Sports Might Makes Us All Richer with Tess Waresmith

So Money with Farnoosh Torabi

Farnoosh Torabi

Business, Entrepreneurship

4.7 • 2K Ratings

🗓️ 29 April 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

Qe don’t talk about sports a lot on this show. But today, we are—because this is really a story about money.

Right now, women’s sports are having a moment. Investment is pouring in, media deals are growing, and athletes are finally starting to see bigger paychecks.

But this isn’t just about what’s happening at the professional level.


It’s also about what it takes to even get in the game. Youth sports are getting more expensive, access is shrinking, and yet the research shows that girls who play sports are more likely to become leaders, earn more, and build wealth over time.


So there’s a bigger question here: What does this moment mean for women—and our financial future?


Today, we’re digging into the economics of women’s sports, the controversy around athletes like Eileen Gu making bold financial moves, and why this could be one of the most important—and overlooked—wealth stories right now.


My guest is Tess Waresmith, investing educator and former athlete, who’s connecting the dots between sports, opportunity, and financial power. You can follow Tess on her Substack - Wealth with Tess - here.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hey friends, if you've been sitting on a book idea and wondering, could this actually become something,

0:05.2

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0:10.6

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0:16.0

concept. You will meet the insiders, agents, publishers, and recent authors who can help bring your book to life.

0:23.3

Spots are limited and early birth tickets are on sale now.

0:26.9

Head to booktobrand.co to reserve your spot.

0:29.9

So Money episode 1976, why women's sports might make us all richer.

0:36.7

You're listening to So Money with award-winning money guru Farnush Karabi.

0:41.7

Each day, get a 30-minute dose of financial inspiration from the world's top business minds,

0:46.9

authors, influencers, and from Farnoose yourself.

0:50.9

Looking for ways to save on gas or double your double coupons?

0:54.7

Sorry.

0:55.5

You're in the wrong place.

0:57.0

Seeking profound ways to live a richer, happier life.

1:00.3

Welcome to So Money.

1:03.5

There's a lot of feeling that women are moving backwards.

1:07.0

And there's a lot of things you could say about that are very true. And this is one area where there's a lot of things you could say about that are very true.

1:11.3

And this is one area where there's a lot of good news, incredible momentum.

1:16.9

And so as a feminist and somebody wants to make sure that I continue to have my rights,

1:22.6

I want to see any way women can make more money.

1:25.9

And if you really think about it, if this continues to move in the meteoric direction

1:29.9

that it is, professional women's sports,

...

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