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Skimm This

Skimm Special, Part 3: COVID, Women, and Their Wallets

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 12 October 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

Over the last few months, most of us have faced some sort of COVID-related lifestyle changes that have disrupted our everyday norms. On today’s Skimm Special, brought to you in partnership with Northwestern Mutual, we’ll hear from a Skimm’r contending with a drop in self-employment income after her counseling job went remote and her office sat empty. Managing new childcare expenses while making a career pivot hasn’t been easy, but she’s not afraid to think outside the box when it comes to making ends meet and still planning for the future. Whether it’s saving for a rainy day or setting competitive rates for our work, Northwestern Mutual financial advisor Nicole Stokes walks us through the value of keeping expenses in check even while aiming for the stars in our careers. On this episode, you’ll hear from:  Kim Wheeler Poitevien, Philadelphia-based counsellor and licensed social worker  Nicole Stokes, Northwestern Mutual financial advisor If you want to add theSkimm to your daily routine, sign-up for our free newsletter the Daily Skimm. It’s everything you need to know to start your day, right in your inbox.  Skimm'd by Ciara Long, Luke Vargas, Justine Davie, and Peter Bonaventure. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's episode is brought to you by Northwestern Mutual.

0:06.0

No matter what your situation is, their financial advisors can guide you through it.

0:10.2

Get matched at Northwesternmutual.com slash the skim.

0:20.0

Welcome to Skim This.

0:21.7

Today we're bringing you the last of three special episodes, where we're talking personal

0:26.1

finance and the pandemic.

0:28.4

For the last couple of weeks, we've been talking about how the coronavirus has been affecting

0:32.6

all our wallets and how it's possible to stay on track financially.

0:36.8

I'm a big believer in aligning your money with your values.

0:40.8

That's Nicole Stokes, a financial advisor with Northwestern Mutual.

0:44.8

She's going to be talking to Kim Wheeler-Pwatt-Vien, a counselor trying to figure out how to plan

0:49.5

for now and her long-term future.

0:51.7

I saw myself like in five years having pretty much maybe five to ten clinicians, only

0:57.7

having a building and running it.

1:00.4

So I'm now looking at what can I do that's virtual that I don't have as much that I'm not

1:07.1

going to lose everything.

1:08.9

Today, we're going to be chatting about self-employment, childcare, and even retirement.

1:14.4

And while all of that might sound intimidating, maybe we just need to ask for help.

1:22.7

A few years ago, Kim Wheeler-Pwatt-Vien started her own business.

1:27.2

She's a counselor and a licensed social worker.

1:29.8

And she managed to do something she dreamed of for years.

1:32.8

I started working for myself probably after I had my second son, so maybe almost three

...

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