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Powerhouse Women

348. Money, Generational Wealth, And Why Women Need To Be Part Of The Personal Finance Conversation

Powerhouse Women

Lindsey Schwartz

Education, Self-improvement, Business, Entrepreneurship

4.9912 Ratings

🗓️ 9 June 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

I'm joined by entrepreneur and mentor Kara Ayala to discuss money, generational wealth, and why women need to break the taboo of talking openly about finances. Kara is a pro when it comes to educating women on creating multiple streams of income and taking a more active role in their household finances. It might seem intimidating, but Kara shares three simple tips to start thinking differently about your financial limitations and building legacy wealth. We get into how to overcome your fears around money and entrepreneurship, and why it's so important to break the cycle of being pushed out of financial planning conversations. Listen in to hear how Kara took ownership over finances and worked with her husband to multiply their household income. 

 

In this episode we talk about:

  • The value that Kara sees in raising her children in an entrepreneurial home 
  • The benefits of being more involved and proactive with your household finances 
  • Kara's go-to resources for people who want to learn more about building wealth 
  • Making space for women to share and celebrate their financial wins 
  • Kara's top three tips for someone who is just starting their financial education journey 
  • Details about the female investor club that Kara's launching  

 

BOOKS MENTIONED:

 

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Click HERE to get your tickets for the Powerhouse Women 2022 event! 

 

Click HERE to check out the Powerhouse Women Behind The Success Stories! 

 

Click HERE to text the word MENTOR to (602) 536-7829 for weekly business + mindset tips delivered straight to your phone!

 

Not part of the Girl Gang Community yet? Join HERE: Girl Gang Membership

 

CONNECT WITH KARA 

Follow Kara: @kara_ayala 

Listen to Marriage, Money, and Mayhem
 

CONNECT WITH POWERHOUSE WOMEN

Follow Powerhouse Women: @powerhouse_women

Follow Lindsey: @llindseyschwartz

Follow Hannah: @hannahmwells

Visit the Powerhouse Women website: www.powerhousewomen.co

Join the PW Community Facebook Group: facebook.com/groups/powerhousewomencommunity

Transcript

Click on a timestamp to play from that location

0:00.0

Even if you are a wife that just wants to stay home with your kids, you still need to have a little bit of financial education and know what's going on.

0:07.7

Or if maybe you're an entrepreneur, but your husband's like, he's the one who takes care of all the finances and you don't have to worry about.

0:13.5

My concern for that is what if something happens to him?

0:18.5

Welcome to Powerhouse Women, the podcast for women who know they are ready for more.

0:25.2

I'm Lindsay Schwartz, your host and the founder of Powerhouse Women,

0:29.2

and together we'll unlock the confidence and clarity you are looking for

0:33.8

to help you get out of your own way and into action around your next big idea.

0:44.9

Today we get to talk about one of my favorite topics and one that I'm super passionate about

0:50.5

sharing more with women, as is my guest. We're going to talk about money and wealth and how

0:58.0

to create true wealth for yourself and why it's so important as women to be having these

1:03.5

conversations. This episode is filled with so much goodness. And I get to chat with my good friend

1:09.9

Kara Ayala. She and her husband, Mike,

1:13.3

are actually two of our best friends. And they've really been mentors to us when it comes to the

1:19.5

idea of building true generational wealth. Kara is a mentor. She's an advocate for women,

1:27.0

for wives and moms especially. She and her husband

1:30.3

Mike have been married for 22 years. They have three of the most amazing kids who are all adults,

1:36.3

and together they have sold multiple businesses. And now they really focus their time and energy on real estate. And Kara specifically

1:47.9

has branched out to build a personal brand that's really focused on educating women around

1:54.2

creating multiple streams of income and how to understand money and wealth. And a conversation that not many women, at least in my life,

2:05.0

are having. So I was so excited to have her on the podcast. She is also the host of her own

2:10.7

incredible podcast called Marriage, Money, and Mayhem. And we'll link all of her details in the show

2:16.7

notes because this is a woman you are going

...

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