Everyone's Talkin' Money

Scared of Investing? Listen to This

4 snips
Feb 25, 2025
In this enlightening discussion, Dr. Tonya M. Evans, author of Digital Money Demystified and a leading voice on women's wealth, dismantles the common fears surrounding investing and finances. She reveals how childhood experiences and societal narratives shape financial anxieties, especially for women. Listeners learn essential strategies for overcoming these barriers and the basics of cryptocurrency as a transformative tool. Dr. Evans inspires a mindset shift to empower women to embrace investing and seize wealth-building opportunities.
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ANECDOTE

Early Money Memories

  • Dr. Tonya Evans' earliest money memories involve playing Mancala with her grandmother and winning pennies.
  • She also recalls seeing unpaid bills and sensing her mother's financial stress.
ANECDOTE

Debt and Education

  • Dr. Evans' first credit card was an Amex in college, leading to a "buy now, pay later" habit.
  • She spent her 30s undoing bad financial decisions and realized her education didn't include personal finance.
INSIGHT

Underlying Spending Patterns

  • Women, especially women of color, often feel pressure to overspend, justifying it with hard work or past deprivation.
  • Family can also encourage this spending, sometimes projecting their unfulfilled desires.
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