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Girlboss Radio

Renting, Investing and Financial Feminism with Tori Dunlap

Girlboss Radio

Girlboss Radio

Entrepreneurship, Business, Careers

4.41.9K Ratings

🗓️ 9 April 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

Ah, money—it's the reason we go to work, chase promotions and ask for raises. For Tori Dunlap (who saved $100K by the time she was 25), money means options. "When I had money—and we're not talking Jeff Bezos money—we're just talking an emergency fund, I could donate to causes I believed in. I could support candidates and legislation that I believed in. I could start a business. I could leave a toxic situation I didn't want to be in anymore. I could take a vacation," says Tori. This is Tori's other belief: "I don't think anything bad happens when women get more money." To that end, the personal finance expert (who has a New York Times best-selling book, Financial Feminist, a hit money podcast and website all centered around helping women figure out their finances), gives real, tangible advice on saving and investing for women ("I don't believe in inspiration p*rn. I don't feel like it does anything," is another one of Tori's trademarks). Today's conversation with Avery is tackles all of your money questions: When to start investing (and when to pay off those student loans), how to pay down debt and the ever-pressing renting-vs-buying debate. We know you'll get a lot out of this episode and leave it feeling better about your financial future. Follow Tori at @HerFirst100K. New episodes of Girlboss Radio drop every Tuesday. Never miss an episode by subscribing here: girlboss.com/pages/girlboss-radio-subscribe. Girlboss’ very first course, Spark Your Career Renaissance, will help you unlock your differentiator to go from stuck to success. Learn more and enroll at course.girlboss.com/courses/spark-your-career-renaissance. Sign up for Girlboss Daily, our must-read morning newsletter, at girlboss.com/newsletter. You'll get A+ career advice, dream job postings, free coffee every Friday and a few emojis (because we’re fun like that), delivered right to your inbox. Looking for your next dream employee? Post your open role on our Girlboss Job Board at jobs.girlboss.com.

Transcript

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0:00.0

Hello, I'm your host Avery. I'm the founder and CEO of Bloom, an HR and

0:11.2

consulting firm and a big believer that work should work for all of us.

0:14.8

As always, I'm joined with Liz, Girl Boss's general manager, and Victoria,

0:18.5

Girl Boss's senior writer who both co-produces this podcast.

0:21.6

Today's guest is Torrey Dunlap, founder of her first 100K, a

0:25.0

money and career platform for Gen Z and millennial women. She's a Seattle-based

0:29.0

money expert, self-made millionaire, New York Times best-selling author of Financial Feminist and

0:34.4

hosts at the number one money podcast for women in the world. Now that's a

0:38.8

jam-packed CB and I'm very excited for this conversation today.

0:42.4

Seriously I was blown away with and I'm very excited for this conversation today.

0:43.0

Seriously, I was blown away when I read this.

0:46.0

So she started a gumball vending machine business at the age of nine.

0:50.0

By the time she was in high school, she had 15 machines and all of the proceeds went to her college fun.

0:55.4

That's pretty iconic. She also became the youngest manager running marketing for a major company

1:00.0

and saved her first 100K by the time she was 25.

1:04.0

Then in 2022, she quit her job and became an entrepreneur full time.

1:09.0

Now, Liz and Avery, I wanted to get your thoughts.

1:11.2

So Fortune recently came out with an article

1:13.6

saying that millennial women are the economy's power players.

1:17.0

Do either of you feel like an economic power player?

1:19.9

I saved 100K before I hit the age of 30 and bought my first home and I've been an entrepreneur since I was 28.

1:27.0

I think that I'm an economic power player, but for different reasons, it has nothing to do with how much money I've saved or what I've bought but more so comes from the fact that I've employed women via my company Bloom for the last six years.

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