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HerMoney with Jean Chatzky

Ep 134: Smart Women & Smarter Money Choices, Part One

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 7 November 2018

⏱️ 46 minutes

🧾️ Download transcript

Summary

HerMoney recently went on a road trip to Boston for a live show with Harvard’s Brigitte Madrian at the PRX Podcast Garage. We discuss her extensive research on 401(k)s — savings rates, leakages and the possible relationship they have with credit card debt — if you were auto-enrolled into yours, then you definitely want to tune in. We also explore the idea of sidecar plans. Have you heard of them? In our live Mailbag, we answer attendees' questions on how to get more of our girlfriends talking about money, how to approach the current real estate market, how to ride the stock market (rollercoaster) and more. In fact, so much more, including a taste of a HerMoney Happy Hour (!), that we're making this a two-part special. Stay tuned for more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an airwave media podcast. Her money is supported by Fidelity Investments.

0:14.0

We want to inspire you to be in your financial front seat by knowing what you own, what you owe,

0:19.0

how to reach your goals, and by having an annual checkup.

0:22.0

Learn more at Fidelity.com slash front seat.

0:26.0

Her money comes to you through PRX. Welcome to the first live Her Money Podcast. I am Gene Chatsky. We are in an amazing facility called the PRX Podcast Garage.

0:48.4

That's the hashtag PRX Podcast Garage, which is in the Alston section of Boston,

0:56.9

which I'm told is not quite Cambridge,

0:58.8

but not quite not Cambridge.

1:02.2

And we're thrilled to have some of our listeners, our friends, our

1:08.0

community in the room with us. So this is going to be a little bit of a

1:12.3

different conversation. We are going to

1:13.8

involve some voices that you may or may not have heard before, but we are going to kick

1:19.3

it off with Bridget Madrian. And I first came in contact with Bridget Madrian and I first came in contact with Bridget. It must have been a good decade ago, maybe 15 years ago. I'm always on the lookout for academic researchers who are really, really smart, particularly

1:40.2

about money and who have insight into what it takes to get people who are human to do the

1:49.2

right things as far as our money is concerned.

1:53.3

And I don't remember exactly who it was.

1:56.1

It was one of your colleagues who I was on the phone with him

2:00.4

and I said, all right, who else do I talk to?

2:02.2

Because that's always the last question when you're a reporter who else should I talk to and he said give

2:07.8

Bridget a call Bridget is the Aetna professor of Public Policy and Corporate Management

2:12.9

at the Harvard Kennedy School.

2:15.2

Before coming to Harvard in 2006,

...

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