Annika Sorenstam is one of the best female pro golfers that the world has ever seen.

She also is a woman, like many of us, who started out with very little money, made some, and had to learn first how to budget it, and then how to invest it. She shares how she manages her money and advocates for other female professional golfers, on and off the green. 

Chapters:

00:00 The Parallels Between Sports and Personal Finance

03:19 Discipline and Preparation for Success

07:41 Applying Discipline to Financial Life

10:33 Savings and Investment Strategies

18:16 Off-Course Development for Young Women in Golf

26:27 Transitioning from Sports to Life After

35:33 The Benefits of Playing Golf

Takeaways:

• Discipline, preparation, and building on small habits over time are key to achieving success in both sports and personal finance.
• Having sponsors like Gainbridge is crucial for supporting initiatives that empower women in sports.
• Learning the game of golf has numerous benefits, including inclusivity, physical and mental challenges, and social connections.

Have a question for us? Write to us at mailbag@hermoney.com. While you’re at it, join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Interested in learning more about investing alongside hundreds of other women? Join us every other Monday night on Zoom and learn more at investingfixx.com.

Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here.

The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

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