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Ask Sallie: Is it Really Possible to Feel Good About Money? (Video)

By Sallie Krawcheck

Not-so-fun fact: 61% of women would rather talk about their own death than talk about money. So ... is it actually possible to ever feel good about money? Here’s what Sallie has to say.


Sallie’s answer:

Today, for so many of us, money doesn’t mean empowerment, and independence, and confidence, and freedom, and all this stuff that you read about. Sadly, for so many women, money is about loneliness, and “do I have enough,” and “will I end up as a bag lady,” and insecurity. And it’s our #1 source of stress.

But our research shows that when we take action around money — when we get on the other side of it, when we invest, when we’re taking that action, when we’re saving — the other side of it feels so great.

It’s a little like before you work out. You’re like, “No, it’s going to be terrible.” And then after you do it, you feel so good. (Except it doesn’t take as long, and you don’t sweat, and it doesn’t hurt.)


Disclosures

© 2019 Ellevest, Inc. All Rights Reserved.

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities, and should not be considered specific legal, investment, or tax advice. The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

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Sallie Krawcheck

Sallie Krawcheck is the Co-Founder & CEO of Ellevest. Her life’s mission is to help women to reach their financial and professional goals.