Hi there, I'm Monica Packer and you're listening to About Progress, where we are about progress

made practical.

I went down an internet wormhole recently and it was spurred on by a real I saw that shared

the stats of what the lineup is of how women and men get paid for doing the same job.

So working moms were dead last, women without children were just a step up, and a step

above that were men without kids, and the highest on the list was working dads.

And I'm not wanting to take a single real and make it gospel truth.

So I then went down the internet wormhole of the latest research to verify it.

And yes, those stats were indeed true.

They actually call this the motherhood penalty.

As I read through the research, I kept thinking of my friend and financial educator Lisa

Shader, she loves to teach about personal finance, which is definitely a topic that makes

me feel both very inadequate and anxious.

But Lisa loves her work, especially because of who she is helping.

She often mentions that women especially need to be more involved with their household

finances, and why is that?

It's because they are the most financially vulnerable.

This is worldwide, by the way.

So after I did that little wormhole, I decided it's time for me to face my own fears, and

I asked Lisa to come on the show to share the three biggest financial mistakes she sees

women like me and you, making, and more importantly, how to fix them.

If this topic similarly fills you with dread, I want to encourage you to listen.

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