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HerMoney with Jean Chatzky

Ep 422: Media, Money, and Messy Women

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.81.3K Ratings

🗓️ 8 May 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

Money touches everything in our lives. And for women, who have long been documented to earn less than men, save less than men, and invest less than men, the stereotype is often that we’re doing money “wrong.” But it’s getting old. We know that statistically, women are better investors than men are, we fare better during times of recession, and we’re often more thoughtful about our budgets. Yet the stereotypes persist: the “girl math” trend of recent years tried to insinuate that we’re messy and unreliable with numbers, and countless female characters in pop culture (those in Fleabag, Sex and the City, and Girls, to name a few) just can’t seem to get their finances together, no matter how hard they try. We say enough is enough. And we aren’t the only ones. Jo Piazza feels the same way — which is exactly why she flipped the script for the main character in her new novel The Sicilian Inheritance. Listen in to hear her story. In Mailbag, we hear from a listener whose 18-year-old son is looking for the best ways to start to build credit, and we hear from a woman who is about to have her first baby and is being pressured by friends to make big (and expensive!) life changes. Chapters: 00:00:00: Introduction 00:06:32: Portrayal of women in finance and media 00:10:03: Strategies for managing work and family life 00:21:22: Managing the impact of social media 00:25:40: Transition to mailbag segment 00:26:01: Financial advice for young adults and credit cards 00:30:20: Lifestyle changes after having a baby Takeaways: Women are often portrayed as messy and unreliable in finance and media, perpetuating stereotypes that can be damaging and untrue. The influencer culture on social media can create an expectation gap between real life and the curated images and lifestyles portrayed online. Financial influencers should be approached with caution, as not all advice and recommendations may be reliable or suitable for individual situations. There is a need for better regulation and transparency in the influencer industry to protect consumers and ensure ethical practices. 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 [email protected] 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.

0:06.0

Her money is proudly sponsored by Edelman Financial Engines.

0:10.0

Do you have an estate plan yet?

0:12.0

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

0:17.1

care about most.

0:19.0

Learn more about how estate planning fits into your financial plan with a complimentary wealth checkup.

0:25.0

Schedule yours at plan E.F.com slash Her Money or by

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833 304 PLAM. This episode is brought to you by Oracle.

0:39.0

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Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.

1:01.6

Take a free test drive at oracle.com slash Spotify.

1:07.0

Hey everybody, I'm Jean Chatsky. Thanks so much for joining me today on her money

1:12.4

where we talk about how personal

1:15.1

finance and money touches everything in our lives. Often, sadly, that picture

1:22.2

particularly about women is that we are doing it all wrong.

1:27.0

We are under earning, we are under saving, we're not taking control, we're not investing until it's too late. We're not taking enough risk. And never mind that these are often just bold-faced lies. They're often not true. But that is the picture that we get all too often about women

1:47.6

when it comes to money. And it's not just in the world of finance where women are portrayed as being a mess. Modern

1:56.5

media is filled with women like this from Fleabag to Bridget Jones although I

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