Wendy, what is one thing that has helped you to be a better human? This is a good question. One of these life lessons that really was seared into my mind and I wish I had known it earlier. My mom looked at me with such disappointment. She said, if you're not willing to stand up for justice, then what are you willing? Like what do you stand for? And she didn't scream,. but it was just like the sense of disappointment of like, how dare you think that you live in this world by yourself? Because you don't, right?"
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.