Femme Hive

How to manage your money (Part 1)

Episode Summary

Money. Your money. If you feel like you aren’t doing enough to get your finances in order, you're not alone. With so many experts preaching different investing rules, figuring out how to manage your money can be stressful - especially when you're fairly new to the game. Thankfully, we clear up a lot of financial myths this week with Lesley Chen-Young, the founder and executive director of Common Wealth Coaching. Lesley explains how there is no “one-size-fits-all” strategy for personal finance, and that deciding what’s best for you and your values is an important step to turning your financial goals into reality.

Episode Notes

Money. Your money. If you feel like you aren’t doing enough to get your finances in order, you're not alone. With so many experts preaching different investing rules, figuring out how to manage your money can be stressful - especially when you're new to the game.
Thankfully, we clear up a lot of financial myths this week with Lesley Chen-Young, the founder and executive director of Common Wealth Coaching. Lesley explains how there is no “one-size-fits-all” strategy for personal finance, and that deciding what’s best for you and your values is an important step to turning your financial goals into reality.

Some highlights:

"When we talk to our girlfriends, and our partners, and our families about our romantic lives and our careers and health and everything, for some reason I just think that our financial health and financial well-being has been largely excluded from those conversations."

"Women are really encouraged to spend. It’s quite astonishing actually. The idea of retail therapy, every girl or woman knows about it. The idea of spending correlated to feeling happy is something that is particularly targeted at women. For that reason we have a lot of confidence and know-how of how to spend but when it comes to how to invest or how to budget, or how to invest in ourselves in our career, that’s where women start to feel less confident."

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