475: Simran (Friends That Invest): The Investment Mistake 70% of Women Make (Do This Instead)

the bossbabe podcast

Natalie Ellis

Education, Entrepreneurship, Marketing, Business, Self-improvement

4.9 • 2.3K Ratings

🗓️ 7 August 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

EPISODE SUMMARY *Note: At the time of this recording, Simran’s business was called Girls That Invest - it has since been renamed to Friends That Invest. What if your money could give you freedom - not just someday, but starting now? In this episode, Natalie sits down with Simran Kaur, founder of Friends That Invest, to talk about building real financial security in an uncertain economy. They cover how to recession-proof your income, avoid common money traps, and start investing with confidence, even if you’re starting from zero. Simran shares the simple system behind her early retirement plan, why passive income is often misunderstood, and how to create your own trust fund so your money works for you. If you’ve been avoiding your finances or feeling unsure where to start, this episode will help you take your power back. TIMESTAMPS 00:00 - Simran shares her journey from optometrist to founder of a global investing platform 02:00 - Why she chose a simple business model with one paid offer, and how it changed everything 04:10 - The truth about shiny object syndrome and how to stay focused on what works 06:20 - A real conversation about what’s happening in the economy right now + how to protect yourself 08:30 The two ways to handle your finances during a recession: proactive vs. reactive 11:15 - How to calculate your personal “burn rate” and set up a 6-month emergency fund 13:50 - Avoiding lifestyle creep + how to grow your income without overspending 15:25 - Why the wealthiest people invest more during recessions, and how you can too 18:10 - Simran’s personal plan to retire early and how she’s creating her own trust fund 21:00 - Passive income vs. real passive investing: what actually counts 23:30 - The 4% drawdown rule explained, and why it’s the key to financial independence 25:00 - The mistake 70% of women are making with their money (and how to fix it) 29:50 The easiest way to start investing + Simran’s advice for beginners RESOURCES + LINKS Want to start investing or join the next masterclass? Head to https://friendsthatinvest.com/ to sign up for the newsletter, explore resources, and learn more. Reset Your Business Foundations This Summer At Our First-Ever Freedom High Summer School: A Live Challenge Designed To Help You Grow Your Audience, Make More Sales + Use AI Without Losing Your Voice. Save Your Seat Here. Join The Société: Build Your Freedom-Based Business™ With Systems, Templates, Coaching + Community. Just $97/Month. Sign Up For Our Free Weekly Newsletter & Get Insights From Natalie Every Single Week On All Things Strategy, Motherhood, Business Growth + More. Drop Us A Review On The Podcast + Send Us A Screenshot & We’ll Send You Natalie’s 7-Figure Operating System Completely FREE (value $1,997).

Transcript

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0:00.0	Welcome to the podcast. I'm so excited that we're doing this. Thank you for having me.
0:11.6	So for anyone that hasn't heard of you, which I'm sure almost all of our community will have, can you give me an elevator pitch on what you do?
0:21.8	Of course.
0:22.4	My name is Simran Cor.
0:23.6	I'm the founder of Girls That Invest.
0:25.1	We're one of the world's largest investing education companies for women.
0:28.6	And we do that through our newsletter.
0:30.5	We have over 100,000 newsletter subscribers, our podcast.
0:33.6	We recently hit 10 million downloads.
0:35.5	Social content.
0:36.6	We're at around 500 or 600,000 on Instagram.
0:39.3	And that all leads to our investing masterclass, which is our one paid product.
0:43.5	And we've had 10,000 women around the world join in and become a student.
0:47.6	And I guess the main mission, the main why, I recently read Simon Sinek's book, Start with Why, loved it.
0:54.0	So good. So good. Really helped me hone in what I wanted to say. This is not an elevator pitch anymore, is it? I'm like, let me tell you about a book I read. The one thing in the book I really took away was, why are you doing this? What's your point? And for me, money, I grew up in a South Asian family. Money was like equal to control. It was equal to freedom. If I didn't have money, it was very clear that I'd probably have an arranged marriage and be someone's personal cook and clean it. And that wasn't really my why they used to tell my mum when I grow up, I'm going to be so rich. I'm going to have someone help me cook and clean. So that was a strong why. And I think it has
1:28.4	worked out well where I have been able to choose my partner. I do cook, but I don't clean. So, you know,
1:34.1	we found a middle ground. I love this. And I also really love how simple your business is,
1:39.9	where you have the media platform side, where you are on a bunch of different platforms,
1:46.1	but it all drives into one place.
1:48.1	And is the masterclass around $287?
1:49.9	Yes, $299.
1:51.4	So around $300.
	...

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