Women on the Verge of a Financial Breakthrough

WOTVFB listener Carin asks: What do I do with all of the retirement accounts I've accumulated from past jobs? Sara tells us the one thing we have to do with those accounts (spoiler alert: it's not consolidating them!) and what part we don't have to freak out about. Caitlin gets validation for her investing strategy of never checking on the market, and Sara wonders who the hell will ever listen to...

What's my number? How much money do I need to put into my retirement account between now and when I stop working? Sara and Caitlin walk through an online retirement calculator to show how to figure that number out, without freaking out. You might need a chocolate milkshake for this one. The good news is that we share the many factors that you can play with to get closer and closer to the amount yo...

How do I actually "get into the market"? Sara tells us how to literally start investing by sharing the first three steps. They're so simple that ANYONE can do them. She pleads with us to stop trying to make perfect decisions with all of the available knowledge - just freaking open an account and get started. Promise that you can refine and update your strategy as you go. We also talk about the haz...

When does it make sense for a "normal" person to check in with a financial advisor? Do you have to be a millionaire or can you be an aspiring thousandaire? And how do you know what questions to ask and if you'll be tricked into shady investments? So many questions, and Sara has so many answers that lead to finding someone you can trust, even if it's just for one meeting to get on track. Do you kno...

It's so tempting to keep our money in things we can touch like cash or gold - we can use them in an emergency so they're safer, right? Sara says we need to think twice about what "safe" means and details the surprisingly complicated logistics of going all out for gold. Caitlin has to interrupt recording to manage a rental and Sara points out that an investment account never calls you on a Saturday...

We're circling back to the basics: stocks, bonds, index funds and tuxedos. Watch out for a lot of grocery shopping metaphors because it turns out the stock market is an *actual* market with shares on the shelves instead of cereal boxes. We talk about the secret to not having to learn anything about individual stocks but still invest and how Monopoly isn't the *worst* way to learn a thing or two ab...

This investing for beginners party is more interesting than you thought, right? Well, just wait til Sara hits you with advice normal people can use from fancy-pants investing guy Warren Buffett. Also, Caitlin asks who the hell he is and why he's so famous anyway. And it wouldn't be a Women on the Verge of a Financial Breakthrough party if we didn't circle back to shame, regret and embarrassment ab...

The "Let's learn about finance and investing!" party is still going over here at Women on the Verge of a Financial Breakthrough! This time, Caitlin and Sara talk about what the hell people are talking about when they tell us to "save" money, how starting small is totally awesome, as long as you're starting at all. Also, Sara gets out her (imaginary) megaphone to tell Women on the Verge that COMPOU...

Talking about money can be awkward, fill us with shame, regret and even panic. So why do it? In this episode Sara and Caitlin talk about what it means to leave that baggage behind and focus on the future, no matter where you're at now. Also, Caitlin reveals the depths of her investing ignorance and Sara explains some basic terms and tells us how to survive a stock market storm at sea. (A metaphor...

Welcome to a party you probably don't want to come to! In the very first episode of Women on the Verge of a Financial Breakthrough , Caitlin and Sara talk about ways to make learning about finance and investing easier and (dare we say?) more fun. Spoiler alert: step by step, with a milkshake chaser. Get ready for the one thing Women on the Verge of a Financial Breakthrough can do TODAY to take the...