These days, the majority of women assume they will be part of the paid labor force in some capacity. But men and women still grow up with different messages about what that involvement should be, and the financial ramifications of those choices.
In today’s episode, we welcome Jennifer Barrett, who is the Head of Content at Fidelity, and the author of the book Think Like a Breadwinner. In her book, Jennifer argues that few women grow up thinking that their family’s standard of living will depend on them. This can lead to being less careful about negotiating initial salaries, and investing for retirement later and in lower dollar amounts. She talks about how she learned to think like a breadwinner, and how other women can too, whether they ever wind up being breadwinners in their families or not.
In the Q&A section we tackle a very on-topic question: A woman who has been her family’s sole breadwinner for years while the kids were little would like her husband to go back to work. She asks our advice on the right strategy for talking about this. See what you think about our answer!
Our Patreon community requested Jennifer as a guest and we obliged! If you’d like to join the Patreon community, and participate in our monthly online gatherings, we’d love to have you; you can sign up here.