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Financial Feminist

8. Closing the Wealth & Investing Gap for Women, with Sallie Krawcheck

Financial Feminist

Her First $100K

Self-improvement, Business, How To, Education

4.76.6K Ratings

🗓️ 11 June 2021

⏱️ 51 minutes

🧾️ Download transcript

Summary

You’ve heard of the pay gap, but there’s an even bigger and more terrifying stat you should be worried about -- the wealth gap. I chat with this week’s guest, Sallie Krawcheck (Ellevest), about the wealth and investment gap between men and women, why women are not investing at the same rate as their male counterparts, and the tangible ways we can begin to close the gap.  Sallie Krawcheck is the founder of Ellevest, a digital-first financial company built by women for women. To get more resources including any freebies mentioned in this episode, head to ⁠https://herfirst100k.com/ffpod Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

If I asked you to switch your money on, what would you think it means?

0:08.0

Well, with Hargreaves Landsdown it means investing your money.

0:12.0

It means making your money work harder for you.

0:16.0

It means investing for a better future, whatever the future holds.

0:21.0

Switch your money on with Hargreaves Landsdown.

0:25.0

Investments rising falling value so you could get back less than you put in.

0:30.0

Hello team. Welcome back. Welcome back to Financial Feminist.

0:34.0

I'm Tori Dunlap, Money Speaker and Educator, Founder of her first 100K.

0:38.0

And that girl who treats trips to Disneyland like her personal Super Bowl.

0:42.0

So you've heard of the pay gap, but there's an even bigger and more terrifying stuff that you should be worried about.

0:48.0

The wealth gap. Today's guest is Sally Crotchack, Founder of Elevest.

0:53.0

Y'all, this was such a pinch me moment. Sally has had a massive impact on my work and getting to sit down with her and talk about financial literacy for women and investing was honestly a dream come true.

1:06.0

In every way you could imagine, imagine interviewing one of your role models. That's what this episode is.

1:13.0

Sally shared some of her background in the financial industry, including the time that she was fired very publicly twice.

1:20.0

And her experience climbing her way to the top of a very male dominated industry.

1:24.0

We talk about the wealth and investment gap between men and women.

1:27.0

Why women are not investing at the same rate as their male counterparts.

1:30.0

In the tangible ways we can begin to close that gap.

1:33.0

So if you haven't started investing, maybe because it intimidates you, this episode is exactly for you.

1:40.0

So please take a listen. If you love the show, write in review, subscribe, tell your friends.

1:46.0

We appreciate your support of our mission and this movement. Let's listen to the interview.

1:51.0

So Sally, I'm going to cry. You are the reason I do what I do legitimately. No, I found you I discovered you four years ago, five years ago,

...

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