On this week’s 51%, we kick off our series on women in business. Financial advisors Kathleen Godfrey and Gretchen Meyer offer up some Investing 101, and Judy Herbst of Savvy Ladies stresses the importance of building financial independence.
You’re listening to 51%, a WAMC production dedicated to women’s issues and experiences. Thanks for tuning in, I’m Jesse King.
Today we’re launching our Women in Business series. Over the next few weeks, we’ll be hearing from a host of women financial experts, entrepreneurs, and volunteers. To kick things off, we’re talking financial literacy and investing. As a somewhat-recent college grad myself, this is an area that I have been particularly intrigued, confused, and intimidated by over the past few years – and I figure I can’t be the only one. I feel it’s important to note that, for many people living paycheck to paycheck, getting to set aside fund for the future is a privilege in and of itself – but the tools we’ll discuss today are helpful for everyone.
Our first guest today is Gretchen Meyer, owner and president of Gretchen Meyer Financial in Latham, New York. Meyer says she never initially thought she’d go into financial planning, particularly because her first experiences with money were stressful and unstable. As a kid, money became scarce when her parents took a risk and quit their jobs to open a small business, which, ultimately, proved unsuccessful. Meyer credits a theater scholarship with allowing her to attend Boston University, and it was there that she ultimately met her first husband.
“To me, he represented more, like, financial security. He was in…
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