Latest / Modern Sacred: Women's Work / BONUS Finance Chat with Andrea Kenner: Women, Money, and the Power of Knowledge

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BONUS Finance Chat with Andrea Kenner: Women, Money, and the Power of Knowledge · Modern Sacred: Women's Work

• speaker-0: Hello, everybody. Okay, so we're here. We're doing a little special thing today. We're gonna have a quick convo with my friend Andrea Kenner. Andrea, welcome to the space. speaker-1: Thank you. speaker-0: so Andrea is a financial advisor who works more specifically as often as she can with women. So obviously, we have a lot in common here. There's some overlap. And you were just saying before we started recording, so you are a financial advisor and you're working to do what? speaker-1: I get my C F P so certified financial planner. it's the most distinctive, you know, recognition award you can get. and it you have to be in the industry for at least three years and then it's like a five thousand dollar like price tag to get the certification. So it is serious. It's serious. And then you do trainings, you know, classes and then you take the test. So speaker-0: No. speaker-1: But it's such a distinction and you know, it really anyone who has a CFP is held to like a fiduciary standard. So it's just a really good, I think, refresher for like financial you know, components, you know, and to make sure that you fully understand the process and then also just to show people that yeah, you are committed to the industry as well. speaker-0: I love that it and it feels like it's like this in all industries, that it takes money to work with money, you know? It's funny, but also it's an investment, right? And that investment allows you, you know, broader edification around these things so you can help more people. And that's super cool. Yep. I have to ask you before so what we're gonna do here today, I will say to anyone who is listening, watching, is that We've been wanting to get together to do something for our community for a while and we've been talking through different options. So we're just starting today. We're just jumping in. because from the community I have gathered several questions. Everyone out there in our community, all the women, many of them are very hungry, interested, yearning for some financial knowledge. Right. This is one of those kind of disconnects for us as women, right? That we that you know we're we're still just not in the game. And so I wanted to start before I ask you any of these questions. We've talked about this a little bit personally, but what is it like for you to be a woman in this boys' club? Is that like speaker-1: It speaker-0: great, good, bad, hard? What is it? speaker-1: Great question. I have had struggles at different firms where I was the only woman or you know, one of very, very few. And it does trickle down to like people want to work with people who they can connect with. So I think by not having women in the workplace, you're really short-sighted, you know, and that you can't connect with maybe The wife or the business owner, you may just think of them as the wife, when maybe they have amazing assets or, you know, they they're the primary decision maker, you know. So I think there's a lot of drawbacks by the industry not foc focusing on that. Obviously with the great wealth transfer, women are more in charge of money than men for the first time with inheritances or divorces or their own businesses. So like the industry needs to adapt to that and needs to to prioritize that. Cause I've walked in on, you know, a a push up contest in the office. every office I've been in has that little wrist like pump thing that they they just have for some reason. and it's it can be isolated. Yeah. Yeah. So and even like other senior financial advisors, they want to work with people who they like and they get along, they can, talk to and I don't know anything about sports, so sometimes I feel that disconnect of like I can't connect with you, and in the way that you're used to connecting. So speaker-0: Totally. I will say, knowing you now for a few years, you have a fantastic personality. I could see you being amazing at kind of broadening the speaker-1: Yes, I can connect with anyone, you know, and and I will call out things, you know, that I am passionate about. So but it it takes a c level of confidence to be able to do that, you know. And I think for somebody who's just graduating, maybe trying to get into the industry as your first job or something, that's not gonna happen. You know, it's it's yeah. So so it's it's definitely a concern. I think about 70% of all financial advisors are men. And they're all white men, seventy percent. So it's like i it's hard to connect with with everybody if you have this one silo of this demographic that makes up the majority of the industry. So speaker-0: Definitely. Well, thank you for paving the way. for I I speaker-1: We can fix it. speaker-0: we can fix it. We can. We are. That's what we're talking about and working on. I will say I've never worked with a financial advisor for several reasons. And that not you know, that being one of the top ones is just I I just you know, I can I can feel dismissed by, you know. the older men in my family if I want to talk about money. and and I shouldn't assume that, but there's something just inherently like you said, when you see someone that looks like the mold that you're used to being treated a certain way by, it's hard to disconnect. He could be the nicest man in the world with feminist values out of his butt and and I'm just looking at him going, But you don't look like me, right? And there's something I think especially in this moment as we are kind of evolving and growing as a culture, as a species, like to be able to walk into a room and for me to sit down with you, you know, you and I have enough shared experience just by living in female bodies that like I feel like I can more easily just say to you, Should I invest in that group? Because they seem like a bunch of assholes. Yes or no, for a reason that is a lot more aligned than a man would look at me and go, That has nothing to do with anything, And I for me, it does have something to do with it. So I love that. Just creating I think that's where diversity is so key in how we all grow. It's just when we mix it up, we get so much more exposure and richness and comforts too. speaker-1: Yeah so and it's because it's financial advice is kind of like a therapist where like you do have to have a level of comfort with that person because finance can be so personal, especially you know, if you've done anything in the past that you maybe regretted. I know a lot of people who had to dip into their 401ks in like the COVID times and they feel so much shame and I'm like, what were you gonna do? Like not pay rent? Like it was the decision you had to make, you know. Yes. but women feel a lot of shame because we're treated differently. And there's even studies that show that women are given different financial advice than men. by the same advisor, they're just given different advice when the scenarios are really similar. So Yeah. speaker-0: That's wild. And also not at all surprising. I that was my experience growing up is just was just either shame around it for not being good at it, right? Or the kind of like, don't worry your little head about it. You'll get married and that's that's all you have to do. Right. Just like don't get too fat or too ugly so that someone won't marry you. That's all you have to do. I really work on juicing up that fertility. I'm like, that's your stock and trade. And so no worries, right? And and and how sad for them and for me, because that was a limitation for our family, especially in a family like mine where there was more girls than boys. So it puts a lot of pressure on that boy. speaker-1: Yeah, I've got three sisters, so speaker-0: Yep, I have two sisters. So yeah, there's the yeah. So it and also I love that you say short sighted. I mean for God's sake, we're half the world's population. Yep. Like it's just like trying to keep, you know, people of color and women out of science and medicine is like, why? They might have the answer to the problem. Yeah. It seems crazy to me. So I I love that you bring that up. okay. So I could seriously talk to you all day. We've have this problem every time we're in person. I just want to tell you about. So I'm gonna dive in. We have a couple of questions. So I'm gonna start with one that is actually I'm really interested in too. so one of our community members was interested. I boiled this down. Her question was very well articulated, and I'm boiling it down for my own processing sake. But essentially When it comes to investing, right, and I'm putting the cart before the horse here because the next question is gonna take us a step backward, but this one feels important. And for modern sacred especially, when you have values that you're trying to lead your life with and you're looking at investing, right? Like when I look at investing, the little bit that I've played with it over the last few years, it's hard to tell if there's really anything out there that will ever actually make me any money. that isn't just a shithole of shit that's on fire. Right? speaker-1: Yeah. speaker-0: So are there values in investing or is that something that we should just get over and say, this is money, there's no values in money. Just it. speaker-1: So great question. And that is becoming more of a hot topic because the younger generations, as they're getting inheritances and, you know, their own money from businesses and and jobs, we we have different values than the elder generations. And we do care about being a little bit more ethically invested than our predecessors. and the market is actually adapting a bit to compensate for that. So there is a ton of resources for ESG, environmental, social and governance, that will tell you and rank different funds based on how it's rated for weapons, how it's rated for oil, or for, you know, wars, if that's a you know, a component to it. if it's, you know, inclusive for the LGBTQ community, for the environment. I mean, there's a ton of this. speaker-0: Okay. speaker-1: and it is a balance. So my sister, for example, she did not want to be funded in anything related to Israel because of a certain situation, you know, going on. So she said, I do not want to be funded in that. And but I still want to make money. Again, I you still want to make money because money is how you know you can express those values in a lot of different ways. You can be in a charity. You can be, a part of a nonprofit. You need money to still live and do the things that you want, or to spend your money on ethical companies, you know, just like purchasing, not not necessarily investing, but even just spending your money with these companies. So money, you know, is evil, but like money is how you can then have the liberty to then spend in alliance, you know, with your values. So there's a thin, thin line, and that's why it's so important to look at the performance. of how these companies have done and then how they're rated. And so maybe you're okay if they, are as environmental because your big piece is maybe weapons. so there's a site called weaponsfree dot com. and there's a lot of different sites for what particular like you're looking for, but even weapons free, it has all the categories. oil, environmental, women, gay c the gay community. They have it and you can rank it. They'll rank it from, A plus to, D. So you can see, well, what's the performance of that? Because I'll tell you the ones that are the most most ethical, there is an issue with profitability. Like there there genuinely is. But I was able to, you know, through a lot of research find some companies, you know, that weren't invested, for example, my sister in Israel, but still had a really good performance. and the issue is you just it's a lot of research, you have to do to find out what exactly it's invested in, in accordance specifically with what you're trying to avoid or to invest in. So but there's so many more resources. I will caution you though, going to a specific like investment company, like group. sometimes the fees are really high as well because they're they're doing that research or it's taking extra effort so they charge you more for it. So there's a very thin balance like thin balance to fees, performance, and then the whatever ethics you would like to follow. It's a lot of research, you know, but it is worth it and it's it's very interesting to find out how things are invested, what they're invested in. so if you do care about that, there is middle grounds that you can say, Well, I'm I'm okay if they have weapons or I'm okay, with this but this is really the the deal breaker for me. speaker-0: It feels like it feels interesting to me. And then also I you know, it almost it's like you're having to kind of rank what's like the least bad. And especially if you're trying to diversify, right? I mean I've tried to find I don't I don't have a group. I just do my own through a fidelity account and we have our four one K that's managed by the children's hospital team that my husband works for and I know just by glancing at it, it is not values led. It speaker-1: Yeah. speaker-0: it is led by allowing us to retire in our mid sixties. And, you know, that's a totally different thing. So for me, I do investing on the side with an account that I'm gonna give to our son one day. And I'm like, okay, can we invest in like some green energy or can we invest in this European company that's doing, you know, energy infrastructure. That's kind of fascinating to me. But then you look and you're like, also energy infrastructure is based on kind of more traditional energy sources. And traditional energy sources are not environmentally friendly typically. And so you know, it's like trying to hit that balance. But I guess there's always like the lesser evils and then, you know, maybe investing in some things for values and you kinda balance it. speaker-1: I I think yeah, it's never gonna be perfect. It's it's never going to. and I've yet to see a single ESG fund in a retirement plan because they do have a a responsibility to have smart investments, you know. So yeah. That will, you know, get you to retirement. So I get it. But I I I think maybe that will change in the next ten years. Maybe we'll see more of that. with index funds, not necessarily, in those specific companies, but as a, a broader index. But yeah, it's a it's a thin line and it really is just taking the time and sitting down and saying, like, am I comfortable with this decision? Will this really, you know, you know, help me express that value? Or is this just a shell to get the money that then I can go to my local community or local business and then express the value that way, speaker-0: I like that. Yeah. Yeah. That is, that's taking this is what I always talk about in design. You know, if you want to design something sustainably, it's not gonna be perfect. Yeah. Right. But then you gotta rank where's your largest impact and how does that align with your highest value? And then we kind of sort and adjust and that's where you start to design from. Mm-hmm. And I I think that's that's kind of life, right? There's just there isn't there is no holy grail here. speaker-1: No. But I think it it is gonna more stuff is gonna be coming out, because the people who are in charge of the money are saying we or the new money are saying we care about this stuff. So to be competitive, they're gonna have to put out more ESG stuff, more more knowledge or resources about what you know is in their fund or whatever. if you know that's the piece that's missing is no, we're sustainable. Then you need to make it more clear what you're invested in, because sometimes it's not clear. yeah. So I think that's gonna be a big shift is people are going to be marketing their investment. It's kind of like how Oreos are gluten free, but they don't market them as as gluten or a vegan, vegan, vegan. They're vegan they're vegan. But they don't market them as vegan 'cause they don't wanna buy, but then there is like a vegan Oreo, you know, out there 'cause they wanted to brand it that way. So I think we're gonna see a lot more of like they're going to be branding it as ESG or focusing on that if there's not an ESG component. So speaker-0: So then you can it 'cause there's always I I have friends who are like, I just made thousands in this, you know, in silver and mining this and I'm like, so you sent children into dark scary caves where they died to collect your your and then you made that I'm like, is that I mean, that's not perpetrated by you, but then it's like, and then my head explodes and then I just can't speaker-1: It's what we're investing in is how businesses make money and how they stay in business is what we invest in. So yeah. speaker-0: So just continuing to just play the game but play with intention, right? That's what I speaker-1: So yeah. And investments don't have to be for, you know, forever. Yeah, we tend to want a more buy and hold long-term strategy. But if you find out, hey, I I was invested in this and this no longer aligns, like you can change, you can update that. I think a lot of people think, you know, I have to be in this forever, or you know, if you find out something that you're invested in doesn't align with you, you can fix that. You know? So Yes. I think that's important. Even if you make a mistake or even if you invest in something, you know, that you didn't mean to, you can allocate your money elsewhere. speaker-0: Amazing. That's such a great point. It's not forever. You can always sell and buy different. Yep. That's perfect. Okay. Awesome. All right. So then I think, you know, you and I were talking about this before we started recording. We'll probably come back into this space and have some regular s conversations. So maybe one of those can be more. I know we talked about like building a toolkit, right? So maybe we can kind of put that to the side. Could you maybe just talk very briefly about the 'Cause I I said the cart before the horse, right? Values and investing. But there are a lot of folks that are in my sphere and in the modern sacred sphere who are even by folks I mean women who are have been alienated from this this industry and do feel completely ill equipped. I know for myself I did I did a Dow Janes, I did a year with the Dow Janes and I learned some real basics on kind of finance, you know, for myself because I really felt completely uneducated and I have a fucking master's degree. I'm like, how could I be highly educated and not know how to do this? This is insane. so I think we can, you know, hopefully have that conversation to maybe build a toolkit at some point. But would you talk just about like if I'm a woman in my thirties, forties, fifties and I I feel really disconnected from investing. And that has always been for men or for my husband or just part of my four one K done by my job. What's like the most primer thing? Like you know, if I wanted to just get started, do I have to have a ton of money? Can I start with a little bit? You know, where's the best place? Like, should it be in an EFT? Should it be in, you know, a a spax or whatever. what what is that? Can you just give us a speaker-1: So great question again. so I think to start with, it is not our fault that we don't know these things, nor is it like a problem that we don't we're not experts in finance. It's not our job. We didn't have to be, you know, an expert in finance. We're already an expert in our field, whatever it is. So I I hear a ton whenever I do a presentation or a seminar of I know this is a stupid question, but and it's like it's never a stupid question. schools do not educate us, you know, properly about taxes or finances or anything like that. girls in particular are told and taught to save, not to invest. boys are more likely to be taught to invest. So we are so good at like checking accounts and savings accounts and stuff like we got that. but there is a bit of a confidence gap for investing because of how we were raised. boys were even given double the amount of allowance that girls are, you know. So that stems from the parents, you know. and we do carry emotional or money trauma from our parents. For example, my parents taught me that credit cards were evil and you know, they were really bad because they saw what happened where everyone racked up all this debt and then couldn't pay it off and whatever. But really credit cards when used properly is a great way to build credit. And if you don't have that credit could impact other components of your life, like getting a house, getting a car. So, it's it's it is it can be evil and can be really scary. but in inherently is is not. so I think women from, you know, the the very baseline, We have been put at a disadvantage because we almost are believe or told that we can't do it or that it's too difficult, like you said, I don't know. but again, it's it's not us not being capable of understanding it. It's it's society has put that, on us. So I would recommend the very first, you know, thing to do if you're starting out, you're feeling, you know, because I have a lot of people who come to me and say, I need to to tackle my finances now because I've had a divorce or someone's died or whatever. and they do feel it's out of control. You feel like you don't know what to do. So I would say the very first piece you need to know is where you're at with everything. so savings account, your retirement accounts, what's it invested in? Cause that's a big piece. You may have said it and then forgot it, or it's not in something that's really working for you. so readdressing where is all the money I have and where like What is it in? what is it invested in? Including anything negative, credit card debt, student loans, anything like that. We have a tendency to just be like, if I don't look at it, it's not there. It'll go away. And it yeah, it doesn't. It doesn't magically. and then I think the the piece to really kind of help this is what does that all mean? So what whatever I'm putting away for retirement, what does that mean? Does that mean I can retire early or I can spend X amount on retirement? What does that mean? For the credit card bill, when can I pay that off? if I'm paying this amount of dollar, what does that mean for when that'll be done or my student loans when that'll be done? Because we may be on track, amazing. We can retire early and spend a million dollars. But if we don't know, if we don't have those numbers in front of us, the most, you know, set up person could still feel that unease of I don't know what's gonna happen. So I think that's really the piece to help people feel more confident. Even if again it's if there's bad debt, even if you just have that plan though, you already feel more in control of even if it's bad debt you need to pay down and it's gonna take you a while. Having that control does make you feel more empowered to then be able to tackle that. speaker-0: Yes. Yes. So then knowing the full picture. Yeah. And is there a time I've heard before you wanna eradicate the bad debt as much of it as you can? Yeah. Before investing, because the cost of the bad debt outweighs the gain of the investment, right? Does that mean don't do it at all or Do less? Is there a split percentage? I'm gonna pay out I'm gonna be focused seventy five percent on bad debt, twenty five on investing. Do you have a strategy for that? speaker-1: So good question and it is not a black or white answer, 'cause it's very personal. So for example, if you had a student loan debt and it's, you know, four percent, you you got a really good rate. you could probably get more in the market, you know, by not being even that risky. but you could you could beat that in the market. So it then numbers wise would make sense to invest. But if that student loan is keeping you up at night and you are, concerned about that or whatever, emotions, you know, then you will pay that off because that's the priority for you. From like a credit card standpoint, with debt, yeah, pay that off first. It it rarely makes sense for financially to be invested with the with the credit card debt is so high, the interest rates. Plus the emotional having that debt carrying, dragging you on. So that's rarely gonna be to keep the credit card debt and invest. But if it's yeah, like even a mortgage, we get all the time the question of I get, you know, an inheritance from my parents. Should I use that money to pay down the debt? Our first question is what's your interest rate for your mortgage? If it's and we have some great ones, like two threes. I'm like, you can be two three in like a high yield savings account, you know, like not even invested. So Well in those cases, we might say, Yes, you can pay off a portion of extra payment, but it probably makes more sense to put that in the market, because that's such a good interest rate. You can beat that easily in the market. Now when we're six or seven percent mortgages, that's when it's like, you know, maybe pay it down, you know, because we can't necessarily guarantee that. So but again It's so tied into emotion. There's nothing more personal than finance. You know, because seriously. Money drives everything we do. It drives the decisions, the choices, you know, in our life. And if you've ever not had the money, it becomes your life. It becomes absolutely everything. So there's for that one, it's probably makes sense to pay off the debt. But again, if it's emotional and it's it's bothering you even if it's a lower, you know, interest rate than than pay it off first. So speaker-0: Okay. All right. That's great. So then okay, last thing I'm gonna ask for today. when I think there's we're in a moment right now in our country where, you know, obviously there's a lot of like tension in politics and, you know, it does feel like there's a lot of bad news, a lot of, you know, just yeah, kind of just the same old the someone said this really great the other day, but it was like a a Frodo, the little what was that? The Lord of the Rings, where the eye of Sauron is is upon us again or something like that. And I was like, it's so funny. But the I think about they talk about diversity and investments, right? And in a moment like this, it feels like a hard moment to not see our economy going over a cliff right now or Just it mean you talk about student loans, right? There's a lot of intense stuff happening with student loans. People are feeling the crush, right? So then this feels like a hard moment to invest in this country because it feels insecure. Yep. in the investment world, w are you seeing that a lot? Like are you all choosing a lot more kind of global portfolios, like, you know, looking at you know the East right and what's going on in in those kind of economies, looking at, you know, the old money in Europe and, you know, what's happening on the other side of the world or is this a moment to kind of just, you know, do what we've always been told to be doing like, you know, hold hold on and just go for the long game, right? Well what is that? What's the feeling in the investment world right now? speaker-1: Yeah, I could answer this for an hour. this question is it's it's so speaker-0: There's a lot going on. speaker-1: a couple components of of where we're at right now. market sentiment, how the market is feeling, and then how we're feeling about the market as well. So the market obviously last week was a bad week, you know, we got spooked by the AI spending, you know, and the expenditures and everything, it's it's scary. Those are big numbers, and and is the infrastructure going to support it long term? Like who knows? So but what we're seeing is even when it's really volatile, you know, the past few months, it bounces right back up. We're already back up one percent, you know, today. So it's been very like just up and down, but very small periods of time. So it's not like a month it's down, you know, it's like a day or a week and then it bounces back up. So we're not seeing as deep of a cliff like you said. that's gonna happen. Now the other component is inflation. It's we're kind of like in a K-shaped economy. So like the rich are just getting, you know, they have the money to as interest rates go higher, they can, I'll get more, you know, interest. But if you have a credit card or you don't have as much income, you are going to be digging yourself even further, you know, because interest rates have hiked. So that I think we're gonna see a little bit less spending, you know, from that kind of avenue. As we get closer to the election, I think we're gonna see a lot more volatility. And there always is a little dip after the election. But because we just empis anticipate from history that we're going to swing back Democratic, the market likes it when there's gridlock, you know, in the government. Because there's not as many rules that are gonna be brought out or laws or anything. So the market knows what to expect. They like it when big decisions can't happen. because then they know the rules that they're playing by. So I think we're gonna see kind of a s like a stagnation or just a slow growth, you know, through the end of the year after the election, again that there's a little dip and then it'll kind of shake out. And there's not going to be a big, big cliff. I think The next piece that we're really going to see, barring another geopolitical whatever, is really going to be in the 2030s when our social programs are running out of money. that's gonna impact taxes, and then benefits or you know what you just to solve that, who knows? But that's where I think spending is really going to tighten up and we're going to be in like a slump, you know, from an economic standpoint, because Somebody's gonna have to fix the, the the Medicare, Medicaid, Social Security, deficit. And the only real way I see that happening is either cutting benefits or raising, you know, the taxes. And cutting benefits to people who already have those benefits and are on a fixed income is gonna be catastrophic. So most likely it's gonna be a combo of pushing back, you know, benefits for like, you know, the younger generations. So that they have to wait longer and then also increasing taxes. So I think there's definitely gonna be some some shakers, you know. and nobody wants to do it 'cause it's like a political mess to be like, let's speaker-0: You don't want to be that guy. speaker-1: gonna wait until the last second when we like no money left in you know, social security is when they're gonna be like, you know. Whoop Yeah. So I think that's when we're gonna see a lot more of the need to diversify a little bit differently. And that might be, more fixed income, more and maybe even an annuity or bonds, government bonds, whatever. but I think that's we're gonna see more diversification. I think the kind of consensus is that we're not gonna have a cliff, you know, at least this this decade, you know, until the twenty thirties. because Okay. Yeah. And even with the AI AI fears when the people, when like us, when we're worried about the market, we're not sure, we make less stupid decisions. We're not as like, the market will never fail. We're kind of anxious about the market. So it actually makes us more stable investors. because we're not just gonna like put all of our eggs in a basket or like short something that we shouldn't be short, you know, like we just we make less decisions that are risky. So if something bad has happened, we're not, in the two thousands, the early two thousands. So speaker-0: Right. We're not all getting balloon mortgages and living above our means. We've been we've been hurt by that in the past. learned learned a lesson. Who knows how long that will stick, but okay, okay. So then I would say d is there a foreign place that you are investing a lot that's like really interesting that we should know about or just the kind of traditional It still it still works. Just that general kind of diversity speaker-1: works that I I do love having an international component. I do think it is important to have whatever depends for every person, but you know, we have portfolios that has anything from like 10 to 20% international because it is okay it's the the whole and yes, US companies are invested globally, of course, nothing is just US based, you know. but I think it is important to have that diversification just like you said, you just don't know and and I think it's important to yeah, have have that. So, you know, God forbid if if these really heavily US based companies something happens, you know, maybe there's an increase somewhere else, you know, that we can take advantage of. So it's all about yes. You have a diversification. If one thing falls, not everything is falling. So and then if one thing rises, maybe you're missing out on the growth. on another sector, but that's okay, because we're really trying to stop the bottom from falling out, so speaker-0: Always. That's speaker-1: Yeah. speaker-0: kind of like a main goal. my gosh. speaker-1: Yeah. speaker-0: Okay. Well, you're amazing. Total goddess. your finance knowledge and savvy is super cool. And I'm really grateful to you for sharing. I feel like I have a million more questions, so I'm hoping I can coax you back into this space as much as possible. Yeah. But thanks for just having this little conversation and you know, kind of just for me it's always about like sparking the awareness and the interest and this feels like a great kind of just like, right, remember, we weren't given all this information, but it is available. You can go out and find it. So I would say to end, is there one resource that you would point women towards if they wanna just continue this process? aside from obviously just tracking you down and working with speaker-1: So I would look like it depends. So if you're just looking for what to invest in, you know, Morningstar is a great website for looking at the performance, how they're rated, what they're invested in. I really Morningstar is amazing for kind of, you know, understanding it. if you're trying to see how like the markets are doing and like what's going on with the markets and how did, you know, all the different inflation reports, you know, affect whatever. I just go to Google Finance, the little snippet. and it will obviously update in real time and then say like, hey, why is this happening? Okay. Yeah, because there's different newsletters you can do and like daily things that'll text you or whatever, but it really depends on yeah, what you're trying to focus on. if you're just trying to understand the concepts, I always like I know this is like silly, but like for like AI to just Take me through a scenario. if I don't love AI for making financial decisions, but I love it for explaining financial concepts. if you're really struggling with a concept and you just don't, I just, hey, give me this scenario and walk it through me. You know, because I'm just not, I'm not understanding. Or like I need to see it in a in a situation, you know. So that's yes, what I like AI for. I don't like AI is telling me, invest in this, or like Do this. I don't love that, but I love it for explaining things 'cause you can just tell it I don't get it. Or use this scenario or whatever. So I like that tool just for research purposes, not for decision making. speaker-0: I love it. Yes. why not utilize it for what it seems best at? Aggregating information and disseminating it in a very digestible way. Okay. So using AI, getting that breakdown, you know, just that just the information is why not use it. Okay. Amazing. speaker-1: I learned through scenarios, seeing it's really helpful for me. So speaker-0: Yes. Okay, Andrea, you're awesome. Thank you, thank you. and I I'm gonna f we're gonna get you back here. We're gonna work on a beginner's like a toolkit. I know we talked about that. That's gonna be so fun. And hopefully just be able to get you back in this space regularly to have the conversation of like, what the heck is going on here? I'd speaker-1: Yeah. Yeah. speaker-0: love to because again stuff. That's huge, right? That's an ongoing conversation. What happens, geopolitically there's so much going on and the next t two years are gonna be big and there's elections happening all over right now that are having an impact. So there's a lot to talk about. speaker-1: Yeah, it's crazy. yeah, I'd love too. I love what you're doing and and bringing w women together in a safe, supportive environment. I think is is so important to keep those spaces, and cultivate them. So speaker-0: That is how we feel and we are loving doing it because man, you get in those safe spaces and it turns out it feels really good. speaker-1: Yeah, it does. speaker-0: Amazing. All right. Well, until next time and thank y'all for joining us for this little special edition. and we're gonna we're gonna all bring our we're gonna combine our powers and we're just gonna keep on rising above. We'll be back here in ten years and we'll be talking about the maturing matriarchy fund that and it's paying dividends and everyone is in in perfect state. Perfect condition. It's gonna be amazing. So I love it. Love it. All right everyone. Thanks so much for joining us and until next time.