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The Money with Katie Show

Rich Girl Roundup: How Do I Get Friends & Family Comfortable Investing?

The Money with Katie Show

Money with Katie

Investing, How To, Self-improvement, Business, Education

4.8 • 1.3K Ratings

šŸ—“ļø 31 July 2023

ā±ļø 17 minutes

šŸ§¾ļø Download transcript

Summary

Got friends or family interested in investing but don't know where to start or are scared of the risk? Katie and Henah chat through the hesitations they each experienced on their investing journeys, how their own friends empowered them to start, and how they mitigated risk as much as possible. And a reminder, as always: This is not financial advice, and past performance is not indicative of future returns. Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on our Instagram (@moneywithkatie). New episodes every week. — Mentioned in the Episode: How Money Anxiety Can Help Build Wealth: https://podcast.moneywithkatie.com/how-your-money-anxiety-might-actually-help-build-wealth/ S&P Has Never Lost Money Over 30-Year Periods: https://fourpillarfreedom.com/heres-how-the-sp-500-has-performed-since-1928 Rationality by Steven Pinker: https://bookshop.org/a/90396/9780525562016 The Starter Home Myth: https://www.youtube.com/watch?v=hZl_UpgMsPs — Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram - https://www.instagram.com/moneywithkatie Twitter - https://twitter.com/moneywithkatie TikTok - https://www.tiktok.com/@moneywithkatie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Rich Girl Roundup!

0:06.0

People will have a fear of flying.

0:08.0

Hi, hello, it's me.

0:09.0

Hi, me.

0:10.0

I still fly, but I don't like it.

0:12.0

I'll sit there the whole time being like, I gotta stay awake

0:14.0

because I'm keeping the plane in the air with my mind.

0:20.0

Welcome back Rich Girls and Boys to the Rich Girl Roundup

0:23.0

weekly discussion of the Money with Katie Show.

0:26.0

I'm your host, Katie Gatti Tossan

0:28.0

and every Monday, Hanna and I are gonna do a nice little money dialogue.

0:33.0

Here's a quick message from the sponsors of this segment.

0:43.0

All right, before we get into it, this week's upcoming main episode

0:46.0

is actually a follow-up on a previous Rich Girl Roundup

0:49.0

on all things elder care and all things related to finances

0:54.0

with aging parents.

0:55.0

So we brought Kim Davis, the fiscal feminist, back onto the show

0:58.0

because we definitely needed an expert to weigh in on this one

1:01.0

and I'm really excited about how it turned out.

1:04.0

I think you're gonna get a ton of value from this one,

1:06.0

but okay, on to the roundup.

1:08.0

Hanna, how's it going?

...

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