Bloomberg Businessweek
An Action Plan for Women to Manage Their Money
Mar 27, 2025
Join journalist Alison Kosik, author of "What’s Up With Women and Money?", as she shares insights on boosting women’s financial literacy and tackling past financial challenges. She emphasizes the urgent need for women to engage with their finances actively. Andrew Collins, CEO of Sentient Jet, provides a fascinating look at the luxury private aviation sector amid economic uncertainty, discussing safety, service standards, and market dynamics that are reshaping the travel experience. It’s a powerful conversation about empowerment and opportunity!
27:57
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Women face significant career trajectory disparities compared to men, underscoring the need for involvement in fast-growing sectors to improve financial outcomes.
- Alison Kossick highlights the crucial importance of empowering women to actively engage in financial decision-making, addressing cultural barriers to financial confidence.
Deep dives
Gender Disparities in Career Advancement
Recent research highlights a significant disparity in career trajectories between men and women, revealing that women spend less time in the workforce compared to their male counterparts. Specifically, women average 8.6 years in their careers, while men clock in at around 10 years. This discrepancy results in women making career choices that often land them in declining industries, leading to substantial lifetime earnings losses estimated at $500,000. These findings underscore the importance of women selecting careers in fast-growing sectors and committing to longer tenures in their chosen fields.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
