Investing Advice from the Most Powerful Woman on Wall Street

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 31 January 2023

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

#17: I talk to Sallie Krawcheck, former head of Bank of America's Global Wealth and Investment Management division, current CEO of Ellevest, and arguably the most powerful woman on Wall Street. She teaches us how to make planning your finances simple and we discuss investing, credit card debt, and building wealth. Most importantly, Sallie shares her tips to succeed financially, especially when being a woman in today’s world. Learn more about Ellevest here. To apply for the Senior Podcast Producer position at Erika Taught Me: https://erikakullberg.com/producer-application Special thanks to our partners: Webull (free stocks) - erikataughtme.com/invest Aura - erikataughtme.com/aura Bilt Rewards - erikataughtme.com/bilt Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erikakullberg.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ For more information, go to⁠ https://www.erikataughtme.com/⁠. Get on my personal finance & investing course priority waitlist here. https://erikakullberg.com/3DMoney Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erikakullberg.com/MasteringYT ⁠Get more of my free resources.⁠

Transcript

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0:00.0	Men, what men get wrong when it comes to investing,
0:03.1	is they tend to fall in love with stocks.
0:06.2	They hold them for too long.
0:08.2	They tend to freak out during tough markets,
0:11.8	more than women do.
0:13.1	For women, our mistake is we don't do it soon enough
0:16.1	and we don't do it often enough
0:17.4	and we don't do enough of it.
0:18.8	Once we do it, we're really good at it
0:21.1	because we leave it.
0:22.3	Financial planning doesn't have to be really, really hard.
0:25.4	And so we get this garbage that goes in your head,
0:27.9	you don't have to know how.
0:29.6	What you need to do is you need to commit to yourself
0:34.4	that you will do it and make a habit of it.
0:36.9	Some of the questions we've gone through,
0:38.1	why don't women invest?
0:39.2	If we could change the conversation around money
0:41.4	for women and have us throw those messages out
0:46.9	our ears from our brain, I think we make real headway.
0:50.7	Today I'm interviewing Sally Crotchek,
0:52.5	who's the co-founder of a FinTech company called Elevest.
	...

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