Ep 136: Finding Roommates & Funding Businesses With Elien Becque

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 21 November 2018

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Finding roommates and funding businesses are no easy feats. Ask Elien Becque. She's the founder and CEO of RoomZoom, a roommate matching web app designed to take the stress, financial risk and guesswork out of finding a roommate. We’ve covered the trend of more couples cohabitating before marriage to save money, but we haven’t discussed a similar trend of more Americans — in non-romantic relationships — choosing to room together for the same reason. Elien is our new guide for how to find the perfect match. She also gets real on the highs and lows of running an early-stage company — her entrepreneurial story is both refreshing and relatable. In Mailbag, Kelly and I talk Venmo and answer your questions on retirement: saving strategies with a pension, saving strategies without a pension and whether or not it's OK to use them for paying off the mortgage. Plus: It's Open Enrollment time. Are you set for next year? We discuss health care in Thrive. Something easier than choosing a health care plan? Subscribing to our free weekly newsletters! Just text "HERMONEY" to 888-111 to subscribe. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to an airwave media podcast.
0:04.0	Her money is made possible.
0:07.0	Her money is made possible by Fidelity Investments.
0:14.0	Together, we're encouraging you to always be in the front seat when it comes to your money.
0:18.0	Discover how at Fidelity.com slash front seat.
0:37.0	Her money comes to you through PRX. Hey everybody it's Gene Chatsky. Welcome to her money.
0:39.0	Thanks so much for joining me today.
0:42.0	So on today's show we've got an entrepreneurial story that
0:46.7	will not only help you if you are in the throes of trying to launch your own business but may also help you with your own life.
0:57.0	On the show before we have talked about the trend of more couples than ever before cohabitating before
1:05.3	marriage instead of marriage to save money, but we haven't talked about the
1:10.3	fact that there are more Americans overall in non-romantic relationships choosing
1:17.3	to room together for the very same reason.
1:20.8	More Americans than ever are living in what's called doubled up households and that's
1:26.5	a term that demographers use to describe homes that include additional adults, people other than the householder, other than the partner,
1:37.0	and we are talking about people who live with roommates or with their parents.
1:42.0	So according to the Census Bureau,
1:43.4	a little bit of data for you.
1:45.2	In 2015, about a quarter of Americans
1:49.0	between the ages of 18 and 34 lived with roommates and that's up 23% from the decade before.
1:57.9	Even more because you know I love the data a Pew Research Center analysis found nearly 32%. So one third of the
2:06.6	overall American population lived in a shared household in 2017 and again that is a big jump from a couple of decades ago.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jean Chatzky Her Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jean Chatzky Her Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.