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Bad With Money With Gabe Dunn

Financial Trauma: Chloe B. McKenzie

Bad With Money With Gabe Dunn

Gabe Dunn | Diamond MPrint Productions

Business, Careers, Investing, Education

4.62.6K Ratings

🗓️ 19 May 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

Wealth justice activist Chloe B. McKenzie joins Gaby to talk about Gen Z's mental and emotional health, financial trauma, and how to heal from long-term economic violence. Then, a listener gives a review that is a baffling journey from start to finish. If you like the show, leave a review and it might get read on air! Send an email to [email protected] or leave a voicemail at 844-474-4040. Trigger warning: This episode contains discussion of trauma, suicide, and racism. Please take care while listening. Find a transcript of the show here: https://docs.google.com/document/d/1aMK-K5a41g1w__s-xT-u43TeNmKhy6KK_W-8sMEffCg/edit Follow Chloe on Instagram @ChloeBMcKenzie Follow Chloe on Twitter @ChloeBMcKenzie Find Chloe's books, diary and research at www.ChloeBMcKenzie.com The Propublica article by Alec McGillis mentioned: https://www.propublica.org/article/the-lost-year-what-the-pandemic-cost-teenagers Follow Bad With Money on Instagram: @bwmpod Follow Gaby Dunn on Instagram: @gabyroad Shop gabydunn.com/shop for merch! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You guys problems that you are to be concerned with, you don't know how you're supposed to earn it or what to do with it or how to keep it.

0:08.0

You're a freak with a dark shame, both secret but you're not the only one.

0:13.0

Teach your inner financial fears to the blessed sun.

0:16.0

Now your healing has begun. It's back with money with Gabby.

0:22.0

Done.

0:23.0

Worry for Gen Z has been on the forefront of my mind during this year and a half of our global pandemic.

0:29.0

If you listen to my other podcast just between us, then you know that I've been speaking a lot on there about the trauma young people, especially Americans, must be sustaining during this time.

0:40.0

In particular, an article on ProPublica by Alec McGillis called The Lost Year, What the Pandemic Cost Teenagers, struck a real cord with me.

0:50.0

The piece is about the rise in teen suicides and small towns, mostly centered around the cancellation of the high school football season.

0:58.0

It's a very specific group that I think reflects the larger impact this pandemic will have on people in their teens and early 20s.

1:05.0

I was incredibly moved by the piece, so if you can handle it, please check it out.

1:10.0

I've been thinking about this since we first went into lockdown in March 2020.

1:15.0

To be completely frank, if I was a teenager during this time with all of my mental health issues unsorted, for those new to the show, bipolar disorder, largely being the main one, I don't believe I would have made it.

1:27.0

When I read that article, I had already become interested in the concept of financial trauma, and how it might long-term affect Gen Z.

1:39.0

In my research, I found Chloe McKenzie, a wealth justice activist who had written a piece for Amherst College's magazine called The Real Power of Money, where she explored Financial Trauma.

1:51.0

It was the first place I'd seen the term, which I'd been percolating on, used in an official capacity.

1:57.0

McKenzie is also the founder of BlackFem, a radically feminist, nonprofit organization that focuses on giving girls of color the confidence, skills, and resources to build and sustain wealth, according to the organization's website.

2:10.0

McKenzie believes in economic violence.

2:13.0

Another term that after seven seasons of doing this show, I fully agree with the use of.

2:18.0

It is not an exaggeration or hyperbole for young people right now to view their circumstances and situations this way, to name it, to face it as such, to treat it like what it is.

2:30.0

If you are a young person, and today I'm speaking primarily to Gen Z directly and those who know and love them, you are not alone, and your experiences are exactly as bad as you feel they are.

2:42.0

You don't have to downplay it, you don't have to say, well other people have it worse.

...

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