Chris Anderson: I think there are so many independent contractors, 1099 workers, Uber and Lyft drivers who are in the same sort of situation. The first thing is getting really good at billing. And creating automated systems that automatically send your clients reminders to pay you. "I would kill for someone to pay me every single time within 30 days of me billing them," he says.
We hardly ever talk openly about our money. Today’s guest Wendy De La Rosa thinks that’s a costly mistake. She is a behavioral scientist who helps people understand and rewire their relationship with money. A former private equity investor at Goldman Sachs, Wendy is now an Assistant Professor of Marketing at the Wharton School and the co-founder of Common Cents Lab, which works to improve financial well-being for low- to moderate-income people. In this episode, Wendy shares actionable insights on how to prepare and invest in your financial future, explains why the emotional aspect of decision-making impacts how we spend or save, and breaks down why financial insecurity should not be a source of shame -- and why the issue of wealth inequality cannot be solved merely by budgeting.