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HerMoney with Jean Chatzky

Ep 387: How Your Generation Affects Your Financial Decisions with Jean Twenge

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 6 September 2023

⏱️ 47 minutes

🧾️ Download transcript

Summary

Every single one of us is part of a certain generational grouping, and we may love or loathe the stereotypes that come with each. While we may agree with some of them, there are others that are insulting (or just plain wrong). No one knows this better than Dr. Jean Twenge, psychologist and author of “Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents―and What They Mean for America's Future.” Twenge hopes that by understanding the research — and generations other than our own — we’ll be better able to understand one another. In Mailbag, we dive into how much to save for a newborn's college education, and how to retire early. In our money tip of the week, all of the factors to consider if you’re thinking about picking up a side gig for extra cash.  More money news when you need it! Get the latest and greatest updates on all things investing, budgeting, and making money. Subscribe to the HerMoney newsletter at Hermoney.com/subscribe! The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact advertising@airwavemedia.com if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. 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.

0:06.3

Her money is proudly sponsored by Edelman Financial Engines.

0:10.0

Do you have an estate plan yet?

0:12.2

It's so important to make sure your hard-earned money goes to the people and charities you

0:17.2

care about most.

0:19.0

Learn more about how a state planning fits into your financial plan with a complimentary

0:24.1

wealth check-up.

0:25.7

Schedule yours at planefe.com slash her money.

0:30.4

Or by calling 833-304-PLAM.

0:37.0

This episode is brought to you by London Business School.

0:40.1

Looking to accelerate your business or understand the opportunities in AI or ESG, are you thinking

0:45.6

about taking the plunge into entrepreneurship?

0:48.2

Or about what leadership skills will take you to the next level?

0:51.3

To listen to the latest insights and discussion from LBS faculty, subject experts and industry

0:56.9

insiders, look for podcasts from London Business School.

1:00.2

Navigate the now and be prepared for what's next with London Business School.

1:10.3

Media and incomes are actually at all time highs for younger adults and that's almost

1:15.0

all due to women's incomes going up.

1:17.2

Women's incomes, depending on education level, are either stable or down.

1:21.6

But women's incomes have gone way, way up.

1:24.2

Hey everyone, it's Jane Chatsky, thanks so much for joining me today on her money.

1:34.1

So every single one of us is part of a certain generational grouping and we may love or we

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