How She Does It

It’s crazy to think that it’s only in recent history that women have been able to open a bank account, let alone own a bank. As recently as 1970, women could be turned away by lenders if they didn’t have a male co-signer. There are 4,236 FDIC-insured banks in the United States, and according to Bankrate, there are only 13 women-owned banks – Lead Bank being one of them. In her role as Chief Development Officer at Square, Jackie Reses saw how important access to capital was to small businesses. So, when she left that job, she decided to open a bank. Listen in to hear about Jackie’s career from private equity to building a successful startup and then buying a bank — and why she says being a business owner brings her so much joy. Learn more about your ad choices. Visit megaphone.fm/adchoices

What comes to mind when you think of a poker game? Is it a basement or a casino? Is it filled with smoke? Is it mostly men? If those are the assumptions you made, you’re not far off because of the one hundred million people who play poker, fewer than 10% of them are women. Learning the game of poker isn’t just for fun though, it can teach women key skills in life — making bets on themselves, taking risks at work, and practicing their best poker face in a negotiation. Erin Lydon is the President of Poker Power, a women-led community that uses the game of poker to build confidence, challenge the status quo, learn strategy, and assess risk. Listen in to hear about her career from private banking to poker whiz, the difference between a fish and a shark (in poker, not the aquarium), and how women can use the skills learned in poker to navigate everything from a divorce to a raise. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever thought about what goes into a Broadway production? I mean really thought about it? For one, it can cost upwards of $20M (yes, million) dollars just to put a show together that includes scenery, costumes, lighting, and rehearsals just to name a few expenses. Carmen Pavlovic, co-owner and CEO of Global Creatures has done that many times worldwide and her hit show — Moulin Rouge! The Musical earned her and her team 10 Tony Awards including Best Musical. Listen in to hear about the many years of hard work it took to make the show, including working with 160 composers represented by 30 publishers to license the music alone, and why Carmen reads all the reviews — both good and bad. Learn more about your ad choices. Visit megaphone.fm/adchoices

We know that being a female CEO in the investment management industry is rare, and being a Black woman in the investment industry is even rarer. According to a recent study from McKinsey, only 4% of the financial industry’s C-suite positions are held by Black women. We also know that centering Black women in positions of power is good for the entire economy. Mellody Hobson, President and Co-CEO of Ariel Investments is using her influence as one of America’s most powerful women to create more revenue for minority-owned businesses with Project Black. Listen in to hear about her 32-year career at Ariel, how she went from Intern to Co-CEO, and why she’s passionate about teaching children the value of money young.More money news when you need it! Get the latest and greatest updates on all things investing, budgeting, and making money. Subscribe to the HerMoney newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

It seems that lately, more women than ever are changing careers and finding success in their careers AFTER they turn fifty. While society likes to tell us that our careers (and our looks) have a shelf life, more women than ever are proving that to be completely false. Take comedian and actor Leanne Morgan. Her standup career took off when she was in her 50s — 57 to be exact! She made her comedy career work while also being a mom, doing midnight sets and then waking up at 6 a.m. to do it all over again. Now, her Netflix special, “Leanne Morgan: I'm Every Woman,” is one of the top comedy specials on the platform. Listen in to hear how she went from small-town mom to an international superstar.Join us! Snag all the latest episodes, savvy budgeting tips, investing advice, and even giveaways via the HerMoney Newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

Making it in the restaurant industry is tough. The National Restaurant Association estimates that only 20% of restaurants end up making it and the vast majority of restaurants — about 80% — fail within 5 years of opening. We also know that being a female in the restaurant industry is even tougher. It’s estimated that only 19% of chefs are female. So what does it really take to make it as a female restaurant chef and owner? Esther Choi, chef and owner of Mŏkbar shares how she won her first restaurant space by pitching the concept in an elevator (yes, the literal definition of an elevator pitch). Listen in to hear about her new YouTube show, Heat Eaters, and how she balances her life as a chef, restauranteur, and Food Network personality. Join the HerMoney community! For the latest episode drops and financial news-you-can-use, subscribe to our newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s been a crazy year for interest rates, banks, and mortgage rates. Thankfully, we’ve avoided a recession this year, and about 61% of economists say it's probably not going to happen in the next 12 months. But still, things are a bit scary. And while it’s not nearly as bad, most of us can remember how scary the 2008 financial crisis was. It was the worst economic crisis since the Great Depression in 1929. Sheila Bair, the former Chair of the FDIC helped navigate us through the 2008 economic crisis and rang the warning bells when no one else was listening. She joins us today to talk about why she doesn’t think what happened then would ever repeat itself. We also chat about her new series of books for kids called “Money Tales” and her mission to teach children early to protect their hard-earned cash.More money news when you need it! Get the latest and greatest updates on all things investing, budgeting, and making money. Subscribe to the HerMoney newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sukhinder Singh Cassidy wasn’t born an entrepreneur. When she graduated college she couldn’t seem to land a job, but quickly realized that interviewing at many companies had given her tons of great exposure to different personalities. Fast forward to today, she’s the CEO of Xero and recently sold her THIRD startup, the Boardlist, which helps companies find diverse board talent. Sukhinder shares why she thinks not taking risks is the most dangerous career move of all — and she shares her philosophy on hiring people who have experienced big failures.Join us! Snag all the latest episodes, savvy budgeting tips, investing advice, and even giveaways via the HerMoney Newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

In November 2004, the hit television show “House” premiered and raked in a massive nineteen million viewers by its first season finale. House was a show that broke all the rules of what a prime-time medical show should be. And while many people tuned in to watch Hugh Laurie’s brilliance in the role, they were also glued to the relationship he had with his boss, Dr. Lisa Cuddy, played by the incredible Lisa Edelstein. In addition to playing Dr. House’s closest confidant (among many other iconic roles), Lisa is also an extraordinary artist — she paints stunning photorealistic scenes from her family's past that transport us back to a simpler time. Even more impressive, she only started painting in 2020, and now her paintings are being displayed at art galleries across the country.Listen in to hear more about Lisa Edelstein’s incredible career and why she feels more herself than ever post-menopause. More money news when you need it! Get the latest and greatest updates on all things investing, budgeting and making money. Subscribe to the HerMoney newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices

The holidays are a time when many of us give back — whether we’re volunteering at a food pantry or donating to a cause we believe in — and this year, our donations could be more important than ever. Nearly 5 million fewer people gave to charity in 2022 than in 2019, according to Charities Aid Foundation. Further complicating the picture is that today, there are more than 1.5 million nonprofits in the U.S., making our choice of where to donate seem almost paralyzing. Soraya Alexander, Chief Operating Officer at GoFundMe and President of Classy joins us to help break down how to decide where your donations (and your time) will make the most impact. Join us! Snag all the latest episodes, savvy budgeting tips, investing advice, and even giveaways via the HerMoney Newsletter at Hermoney.com/subscribe! Learn more about your ad choices. Visit megaphone.fm/adchoices