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Notes from America with Kai Wright

Money Shame, and How To Overcome It Through Financial Literacy

Notes from America with Kai Wright

WNYC Studios

News Commentary, Politics, History, News

4.41.5K Ratings

🗓️ 4 May 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

The world of finance can be confusing for people who weren’t born into it – more often, that’s people of color. Berna Anat is a “Financial Hype Woman” on a mission to fix that.

The freelance writer-turned-financial education content creator is deeply skeptical of capitalism and dedicated to empowering first-generation Americans and people of color to thrive in the system.

Anat shares the lessons she’s learned in her book, "Money Out Loud: All the Financial Stuff No One Taught Us." It investigates our relationship with money, debt, and a new way forward. Amid the world’s ongoing economic anxiety, host Kai Wright turns to Anat for a money talk. Together, they invite listeners to share their money stories.

Companion listening for this episode:

How Black People Remade Mississippi (2/16/2023)

Who are the rightful owners of this country’s staggering wealth? Down in the Mississippi Delta, the Lester Family made a space for themselves and claimed their land–and they didn’t need “40 Acres and a mule” to do it.

“Notes from America” airs live on Sunday evenings at 6pm ET. The podcast episodes are lightly edited from our live broadcasts. To catch all the action, tune into the show on Sunday nights via the stream on notesfromamerica.org or on WNYC’s YouTube channel.

We want to hear from you! Connect with us on Instagram and Twitter @noteswithkai or email us at notes@wnyc.org.

Transcript

Click on a timestamp to play from that location

0:00.0

Would you consider yourselves good with money?

0:04.4

I don't have that much money, so I guess it's hard to be bad with it when you have

0:08.9

limited.

0:09.9

I think I'm pretty good with money because I have managed my own finances from a young

0:14.8

age, so I think I'm pretty like vigilant about my spending and have a good handle on where

0:19.2

my finances are at.

0:20.8

I can definitely be better with money.

0:24.6

This was not something that I was doing on a regular schedule, and I'm learning that

0:30.1

it's important to do that now.

0:31.5

I would say that I'm all right with money.

0:33.2

I think I was taught from a very young age on how to manage my money, but mostly in a

0:38.1

way of almost stuffing money in the mattress, and so I definitely think that I could be better

0:43.1

at investing, especially because there's such a big gap between men and women in terms

0:47.6

of taking risks, so there's a big wealth gap there.

0:54.6

It's Notes from America, I'm Kai Wright, welcome to the show.

1:15.7

And shout out to our new family tuning in from Houston Public Media, glad to have you

1:20.3

in the conversation.

1:22.3

Hannah Annette is both deeply skeptical of capitalism and dedicated to helping people

1:28.4

thrive within it, particularly people who come from backgrounds like her own.

1:33.5

Berna, like me, and maybe like you too, grew up in a home in which money only really came

1:39.5

up when it was a problem.

1:41.0

She didn't think much about it until she looked up as a young woman and found herself deeply

...

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