Breaking money silence is more important than it has ever been before. With inflation rising and increasing interest rates, there are many people suffering—and many of them are suffering in silence. This means instead of receiving the help they require to make better financial decisions during these tough financial times, they feel as though they have to suffer alone. So, how do we start the conversation about money so we can begin to build our wealth? In this episode, Jackie Porter, award-winning CFP, bestselling author, and featured speaker, will be joining the show to share her advice for anyone hoping to help their financial situation regardless of where they are in life.
Listen in as Jackie explains financial racism, including how this shows up in our financial systems. You will learn why women and people of color struggle more with finances, how we can help people of color access more financial opportunities, and the importance of frequently revisiting your budget.
“Having conversations with people you trust [about your finances] is so crucial for your mental health and your ability to build wealth.” – Jackie Porter
This Week on Young Money:
- What Jackie is seeing most people struggle with right now in terms of finances.
- Why it is important to break the stigma about money conversations.
- The benefit of starting the conversation about money with those you trust.
- How money and mindset are tied together.
- What financial racism is and how it shows up in life.
Key takeaways:
- Talk to a professional.
- Speak about money with your friends and family.
- Take action around your finances.
- Don’t feel ashamed to discuss money.
- Revisit your budget.
Connect with Jackie Porter:
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