Latest / Overwhelmed Working Woman: Boost Productivity, Master Time Management, Overcome Overwhelm & Stop People Pleasing / #152| The Financial Confidence Gap That's Costing You More Than Just Money - And What To Do About It
Transcript
- 0:00Sara Gelsheimer: I think for us it's more of a financial confidence gap than it is a financial knowledge gap.
- 0:10Michelle Gauthier: You're listening to Overwhelmed Working Woman, the podcast that helps you be more calm and more productive by doing less.
- 0:17Michelle Gauthier: I'm your host, Michelle Gauthier, a former Overwhelmed Working Woman and current life coach.
- 0:21Michelle Gauthier: On this show, we unpack the stress and pressure that today's working woman and current life coach.
- 0:23Michelle Gauthier: On this show, we unpack the stress and pressure that today's working woman experiences, and in each episode you'll get a strategy to bring more calm, ease and relaxation to your life.
- 0:34Michelle Gauthier: Hi, friends, today's episode is a must listen if you've ever felt overwhelmed by money and who hasn't felt overwhelmed by money.
- 0:45Michelle Gauthier: My guest, Sara, is a financial planner who speaks our language.
- 0:48Michelle Gauthier: No jargon, no shame, just simple, smart advice for women who want to feel more confident and less stressed about their finances.
- 0:55Michelle Gauthier: When you listen to this episode, you'll learn why money struggles might be more about confidence than actual knowledge and how to shift that mindset.
- 1:04Michelle Gauthier: She's also going to give you three simple ways to simplify your finances, including one that will save you lots of time.
- 1:13Michelle Gauthier: And then, finally, you'll learn how aligning your money habits with your values can help you feel more empowered and intentional in the way that you save and spend money.
- 1:21Michelle Gauthier: So, if you've been avoiding your budget or feeling like you're never going to be good with money.
- 1:25Michelle Gauthier: You are in the right place.
- 1:27Michelle Gauthier: Let's dive in.
- 1:28Michelle Gauthier: So let's say hello to Sara Gelsheimer.
- 1:32Michelle Gauthier: Thank you for joining our podcast today.
- 1:35Sara Gelsheimer: Thank you for having me.
- 1:36Sara Gelsheimer: I'm so excited to be on it.
- 1:37Michelle Gauthier: Yes, and as you know, we talk a lot on this podcast about feeling overwhelmed, the way that we spend our time, and also we've done several episodes around money and how money can be particularly overwhelming for women, for a whole variety of reasons which we're not going to get into on this particular episode.
- 1:57Michelle Gauthier: But the reason why I wanted to reach out to you is because I know that you give talks and are really passionate about women in finance and that you are able to simplify it for us, and so that is what I was hoping that you could do today is tell all the overwhelmed working women who are listening today how to make money as easy as possible.
- 2:19Sara Gelsheimer: Yes, absolutely.
- 2:20Sara Gelsheimer: So.
- 2:20Sara Gelsheimer: This is such a daunting topic, right?
- 2:24Sara Gelsheimer: Money touches so many things in our lives.
- 2:26Sara Gelsheimer: It can be very overwhelming.
- 2:28Sara Gelsheimer: I've heard lots of women say well, I'm not good at math or numbers, and so I think we just have this general anxiety that comes with that and feeling like it's just this huge overwhelming aspect.
- 2:40Sara Gelsheimer: But I wanted to share just three overall areas to really hone in on to make it a little bit more palatable.
- 2:47Michelle Gauthier: A little bit easier, daughter's 14.
- 3:05Michelle Gauthier: I don't feel like that's the story that they get sold anymore, but it definitely was for me.
- 3:07Michelle Gauthier: I think from fifth grade on I was like, oh, I'm just not good at math.
- 3:09Michelle Gauthier: I just decided and you know, the other thing that's driving me crazy right now is the girl math.
- 3:14Michelle Gauthier: Have you seen that on social media?
- 3:17Michelle Gauthier: Like why are we dumbing ourselves down?
- 3:20Michelle Gauthier: Like we can't do actual math Right?
- 3:23Sara Gelsheimer: We're not doing anything for ourselves by that.
- 3:26Michelle Gauthier: Yeah.
- 3:26Sara Gelsheimer: Yes, so interesting.
- 3:27Sara Gelsheimer: You know, part of my spiel I give to women is yes, you can do it.
- 3:32Sara Gelsheimer: If you look at some of the studies on financial literacy, so when a woman is given a financial literacy test where there's an option that says I don't know, they tended to choose that answer a lot.
- 3:45Sara Gelsheimer: But when that option was removed from that test, they actually tended to get the answer right.
- 3:51Sara Gelsheimer: So it's just, I think for us it's more of a financial confidence gap than it is a financial knowledge gap A lot, I think that is so interesting and that makes so much sense.
- 4:03Michelle Gauthier: And you know, like we talk about all the time on this podcast, like that feeling of confidence or that feeling of not confidence whatever the opposite of confidence is is coming from our own thoughts.
- 4:12Michelle Gauthier: So like the thoughts that we're having about money or the beliefs that we have about not being good at math or only being able to do shopping math or girl math or whatever that is.
- 4:22Michelle Gauthier: So I think it's great.
- 4:24Michelle Gauthier: Tell us, before we jump into, what we can do to make it simple, Tell us how you got into this and how you became passionate about this topic.
- 4:32Sara Gelsheimer: Sure.
- 4:33Sara Gelsheimer: So I actually went to college to be a social worker.
- 4:37Sara Gelsheimer: So I was a social work major.
- 4:38Sara Gelsheimer: I took a basic finance course, just for my own knowledge.
- 4:42Sara Gelsheimer: I'm like, well, I'm going to be making money one day, I'll be at not much as a social worker, but I need to know what to do with money.
- 4:49Sara Gelsheimer: So I took this basic finance course and about halfway through the semester my professor pulled me aside and said you know, sarah, you're the only social work major here in the class and you have the top grade in the class.
- 5:02Sara Gelsheimer: Why are you not in finance?
- 5:04Sara Gelsheimer: And I simply said I just have zero interest in sales, like I don't want to sell people, I just want to help people, you know.
- 5:16Sara Gelsheimer: So he is really the one that opened my eyes to this other world of finance the CFP route, so Certified Financial Planner route, where you actually can help people day to day.
- 5:21Sara Gelsheimer: And I actually did like numbers.
- 5:23Sara Gelsheimer: So I was like, oh, this is perfect, I can help people and use my math skills.
- 5:26Sara Gelsheimer: Yes, and so you know, I actually did a dual track.
- 5:30Sara Gelsheimer: I did social work and financial planning, which, by the way, has actually been very helpful to have that social work background in what I do so.
- 5:40Sara Gelsheimer: Yes, after I graduated, I pursued finance and have been in that field ever since, and it's I'm just so grateful for that professor, because it really was the perfect career path for me and I just didn't know I think that's a common misconception is that finance equals sales.
- 5:56Sara Gelsheimer: There's a whole other world of finance that exists.
- 5:58Michelle Gauthier: Yeah, then that yes.
- 6:00Michelle Gauthier: And was there anything in particular that made you interested in women and money?
- 6:08Sara Gelsheimer: So, yes, I, you know, in my first part of my career I was working at a smaller independent firm that was run by two middle aged males, which is pretty typical in this industry, and so when they had clients coming in, I was noticing even when it was a married couple, it was oftentimes just the male coming, which I was, you know, really kind of taken aback by which I was, you know, really kind of taken aback by Fast forward.
- 6:34Sara Gelsheimer: You know, I've been at my current firm for a little over 11 years and we've done a much better job of encouraging both spouses to come to meetings and participate.
- 6:41Sara Gelsheimer: But, you know, especially as I was a newer advisor sitting in on meetings, you know, oftentimes with a male advisor running those meetings, I was observing that, even though she was present at the table, a lot of times she wasn't asking questions, and I think my social work background really helps in terms of being able to read people and I could see on her face like she's confused and she's not asking a question, or she would ask the question like this Well, this is probably a stupid question, but X, y, z, I thought, you know, this is such a shame that women are sitting here in this room, usually with their male husband who's oftentimes running the financial you know household, oftentimes with a male advisor, and she doesn't feel comfortable asking questions.
- 7:27Sara Gelsheimer: She has that in the back of her mind, that you know that, oh, I don't, I'm not good at numbers or I don't know, I don't this, and so she doesn't feel comfortable asking questions.
- 7:36Sara Gelsheimer: And so that's when I started our women's initiative here at Playing Corp called Inspire.
- 7:41Sara Gelsheimer: Her was really to just give women educational content written in a way that hopefully resonates with them, and then host women's only events where we can sit in a room and we can be vulnerable and ask those questions that maybe they don't feel comfortable asking when they're sitting in a conference room with their husband and their male advisor.
- 8:00Michelle Gauthier: Yeah, I absolutely love that.
- 8:02Michelle Gauthier: That's so great.
- 8:02Michelle Gauthier: Good for you to take up the cause.
- 8:04Michelle Gauthier: Help women get educated.
- 8:07Michelle Gauthier: That's great, okay.
- 8:08Michelle Gauthier: So back to our original point that we were going to talk about.
- 8:12Michelle Gauthier: Tell us a couple of the things.
- 8:13Michelle Gauthier: I think you said there were three.
- 8:14Michelle Gauthier: Tell us the three things that women can do to just simplify finances for themselves and or make it less overwhelming.
- 8:22Sara Gelsheimer: Sure, these really fall into what I would consider three buckets.
- 8:26Sara Gelsheimer: So investigate, automate, delegate, okay, so do you want me to dive in with the first?
- 8:31Michelle Gauthier: one, yes, please automate, delegate, okay.
- 8:32Sara Gelsheimer: So do you want me dive in with the first?
- 8:33Sara Gelsheimer: Yes, please.
- 8:33Sara Gelsheimer: Okay.
- 8:33Sara Gelsheimer: So the first one investigate.
- 8:34Sara Gelsheimer: So I think it's so important for everyone not just, you know, overwhelmed working women, but everyone to really spend some time digging into your values, your goals.
- 8:45Sara Gelsheimer: I'm a huge fan of making sure that your money is aligned with your values.
- 8:50Sara Gelsheimer: So often people will come to me and say, oh, you know X, y, z is really important, and then we start looking at their finances and they're not saving towards this particular goal or you know they're spending in other places that they had said wasn't important.
- 9:05Sara Gelsheimer: So it's like, okay, well, let's take a step back.
- 9:07Sara Gelsheimer: Let's really deep, dive, deep into what you say is important.
- 9:11Sara Gelsheimer: There's so many great exercises, you know, worksheets out there where you can really fine tune what your values are.
- 9:18Sara Gelsheimer: And then I think it's just important that you take some time to review your bank statements, credit card statements, even your calendar.
- 9:25Sara Gelsheimer: Making sure your time and your money really align with what you say is important is the best first step.
- 9:32Sara Gelsheimer: Really align with what you say is important is the best first step.
- 9:36Sara Gelsheimer: So I love reading studies on, you know, investing and money, and there's a lot of research out there that shows that we feel the same about our future selves as we do strangers.
- 9:45Sara Gelsheimer: So, for example, for us to save today for retirement, for our future self in retirement, it's almost as if we're giving money to a stranger.
- 9:54Sara Gelsheimer: So it can be very hard to forego the now.
- 9:58Sara Gelsheimer: I feel like, especially this day and age, with instant gratification.
- 10:01Sara Gelsheimer: So we have to make a sacrifice now for a future self.
- 10:05Sara Gelsheimer: So the more you can think about OK, let me think about that future self.
- 10:09Sara Gelsheimer: Let me think about Sarah in retirement.
- 10:11Sara Gelsheimer: What am I doing?
- 10:12Sara Gelsheimer: Where am I?
- 10:13Sara Gelsheimer: How do I feel?
- 10:15Sara Gelsheimer: What's really getting me up every day, making me feel worthwhile?
- 10:18Sara Gelsheimer: So I think doing a lot of that can help you, you know, forego the now and actually stay.
- 10:24Sara Gelsheimer: You can, you know, think about what that's going to look like down the road.
- 10:27Michelle Gauthier: I love that I think that's such a great tip for money and life in general.
- 10:34Michelle Gauthier: You know to be able to think about like how do I want to feel in the future and what do I need to do now or not do now in order to get there.
- 10:40Michelle Gauthier: I just saw something the other day that said, like being healthy at age 70 started with healthy eating at age 30.
- 10:47Michelle Gauthier: It's kind of like that you know, that same kind of thing.
- 10:51Michelle Gauthier: That's fascinating, though I like that concept a lot.
- 11:14Sara Gelsheimer: XYZ today instead of putting it towards retirement.
- 11:15Sara Gelsheimer: And if I can look at my vision board and see me laying on the beach in retirement?
- 11:17Sara Gelsheimer: You know this presumed picture I have in my head well.
- 11:19Sara Gelsheimer: That makes it a little bit easier to say today yeah, absolutely, I love it.
- 11:24Michelle Gauthier: Okay, great.
- 11:25Michelle Gauthier: So that's good.
- 11:26Michelle Gauthier: That's the first one, right, yes?
- 11:28Michelle Gauthier: And then what's?
- 11:30Sara Gelsheimer: next.
- 11:30Sara Gelsheimer: So next is automate.
- 11:32Sara Gelsheimer: So huge fan of automation, especially for overwhelmed individuals.
- 11:37Sara Gelsheimer: So first of all, setting up bills on autopay, I think, is a huge first step.
- 11:43Sara Gelsheimer: I have heard people say well, what if you know, then I'm not looking at my bills what if there are fees and expenses that were on there that I shouldn't have received?
- 11:52Sara Gelsheimer: Those are all good call outs I also go back to.
- 11:55Sara Gelsheimer: I had someone say oh, I found this $10 charge on my AT&T bill that I disputed.
- 12:00Sara Gelsheimer: I mean, I was on the phone with them for an hour but I got it disputed and I was like, ok, well, is your hour of time worth more than $10?
- 12:09Sara Gelsheimer: And most people like, well, yeah, so you know.
- 12:14Sara Gelsheimer: So, even with that argument, that there may be some fees that you could have argued against, sure, but you also have to value your time in that.
- 12:19Sara Gelsheimer: So the time savings for setting your bills up on auto pay to me outweigh any potential negatives.
- 12:27Sara Gelsheimer: I also am falling in this line of automation.
- 12:33Sara Gelsheimer: I love this idea of reverse budgeting.
- 12:35Sara Gelsheimer: So everyone kind of knows the typical type of budget where you have all your money coming in and you allocate.
- 12:41Sara Gelsheimer: You know this percentage goes towards eating out, this percentage goes towards transportation really flips that on its head and says, okay, let's focus on the savings goals we need to hit.
- 12:53Sara Gelsheimer: So you know, we know we need an emergency fund that can be three to 12 months worth of non-discretionary expenses.
- 13:01Sara Gelsheimer: So let's set that aside.
- 13:02Sara Gelsheimer: That's going to be in a high yield savings, so we want to make sure we're saving to that a little bit each month.
- 13:07Sara Gelsheimer: We also want to be saving for retirement.
- 13:10Sara Gelsheimer: You know good rule of thumb would be 15 to 20 percent of your income going towards retirement.
- 13:16Sara Gelsheimer: So that would be like a 401 or 403.
- 13:18Sara Gelsheimer: So that's an automatic savings.
- 13:21Sara Gelsheimer: Maybe you've got kids going to college and you want to save to your 529.
- 13:24Sara Gelsheimer: Maybe you want to be paying down debt.
- 13:26Sara Gelsheimer: But basically, figure out your different savings goals and then automate those transfers.
- 13:32Sara Gelsheimer: I mean similar to a 401k.
- 13:34Sara Gelsheimer: You know, if you're enrolled in a 401k, that contribution leaves your paycheck and goes straight to the 401k, so that you know you don't even have a chance to spend it or decide whether or not to save it.
- 13:47Sara Gelsheimer: So do that with all of your savings goals and if you know you're hitting all your savings goals, then whatever's left over you can spend however you want.
- 13:56Sara Gelsheimer: You don't need to get down to the nitty gritty details about well, is this going towards eating out or groceries?
- 14:02Sara Gelsheimer: It doesn't matter Whatever.
- 14:04Sara Gelsheimer: Go back to item number one and see what you value and just make sure that it's aligning with the things you want.
- 14:11Michelle Gauthier: Yes, yes, okay, that makes sense.
- 14:18Michelle Gauthier: I love it.
- 14:18Michelle Gauthier: I really lucked out myself in that when I got my first job, the CFO was like, yeah, you should definitely contribute 10% to retirement.
- 14:22Michelle Gauthier: I was like I don't even know what that is and I don't have very much money right now.
- 14:25Michelle Gauthier: But okay, I'll just do it, thank goodness, because then I just kept doing that forever and ever and exactly to your point.
- 14:33Michelle Gauthier: It was just totally automated.
- 14:34Michelle Gauthier: I never questioned it, I never had it, you know so to think about those savings as like they're just gone, and then you can just live after that on what you've got.
- 14:45Sara Gelsheimer: Yeah, so many 401k companies are trying to make it an automatic enrollment.
- 14:49Sara Gelsheimer: Are trying to make it an automatic enrollment.
- 14:51Sara Gelsheimer: So when you get you know, when you first start a job, it's you are automatically enrolled unless you opt out, which takes friction and we don't like friction right.
- 15:00Sara Gelsheimer: Like we don't want to have to go in and do anything you know, and so you know it's just greater chance of success when it's just automatically happening for you.
- 15:10Sara Gelsheimer: So I think you know, really harnessing that to your advantage and doing that in all these different savings buckets can be so beneficial yeah that's a great point.
- 15:20Michelle Gauthier: And.
- 15:20Sara Gelsheimer: I mean companies know automation is the key right.
- 15:23Sara Gelsheimer: They know we don't like friction and we don't want to mess up something that's already in place.
- 15:28Sara Gelsheimer: So, as you're looking at your budget, I would say, like, on the reverse side, you know so many companies now do subscription services because, again, that's, people don't ever cancel them, so they're golden when they get you to sign up.
- 15:42Sara Gelsheimer: So, as you're looking at your budget, that's always a great place to it's to check all those recurring, you know debits out of the account for your subscriptions and make sure you're actually taking advantage of the things you're paying for every month.
- 15:54Michelle Gauthier: Unautomate them.
- 15:55Michelle Gauthier: I just recently did that and I was like, ok, we have three subscriptions to Apple Music, even though I have the family one that all three of us could just use.
- 16:05Michelle Gauthier: How long have I been paying that?
- 16:08Michelle Gauthier: It's amazing how much money you can waste if you do that Right For sure.
- 16:13Michelle Gauthier: Yes, oh, my gosh, ok.
- 16:15Michelle Gauthier: So then your last suggested step is called delegate, which I love because we're always talking about delegating things on this show.
- 16:23Michelle Gauthier: So tell us about delegating as it as it pertains to money.
- 16:27Sara Gelsheimer: Yes, I am a huge fan of using financial resources for delegation, and that can be.
- 16:34Sara Gelsheimer: It can be hard to do, and you have to balance that with also saving right.
- 16:39Sara Gelsheimer: You know, I know you.
- 16:40Sara Gelsheimer: If you're not.
- 16:41Sara Gelsheimer: If you're spending money now on something that you're delegating, that means you're not saving it for something else.
- 16:46Sara Gelsheimer: However, I'm a big believer that if you can offload the things that you really hate doing, things that don't bring you joy they really just bother you If you can get those off your plate, you're going to be so much more efficient, effective in all the different areas.
- 17:02Sara Gelsheimer: I think it's one of those investments that comes back to you tenfold.
- 17:05Sara Gelsheimer: Yeah.
- 17:06Sara Gelsheimer: So whether it's investing in like, for example, I get my groceries delivered and it does cost a little bit more, but I have three small children and I can assure you that no one would be happy if I had to take all three kids to go grocery shopping every week.
- 17:21Sara Gelsheimer: Yeah, so I have my groceries delivered to my door every week and it is so great.
- 17:27Sara Gelsheimer: Another one I you know had heard from one of my mentors was you really need to outsource house cleaning?
- 17:34Sara Gelsheimer: And I had a mother who was a social worker.
- 17:37Sara Gelsheimer: She was a single mom.
- 17:39Sara Gelsheimer: She had dinner cooked every night.
- 17:42Sara Gelsheimer: I mean never outsourced anything, and you know.
- 17:45Sara Gelsheimer: So I had a hard time really accepting that I could do something like that, like actually you know enlist help, accepting that I could do something like that, like actually you know enlist help.
- 17:55Sara Gelsheimer: And so I think you know a lot of us who saw parents doing those types of things may have a harder time actually letting go.
- 18:01Sara Gelsheimer: But I'm so glad I did.
- 18:02Sara Gelsheimer: I'm so glad I get to spend my weekends with my kids as opposed to cleaning my toilets.
- 18:07Michelle Gauthier: And it's giving someone else an opportunity right?
- 18:09Michelle Gauthier: Yeah, absolutely Absolutely.
- 18:11Michelle Gauthier: But that's so important to recognize that you had your own backstory that formed a belief that was I should be able to do everything because my mom did or I'm making that up, but you know something to that effect and that you can choose again to be like, oh, do I want to accept that programming that I just happened to receive, or do I want to create a new way to think about this for myself?
- 18:34Michelle Gauthier: So that's awesome.
- 18:36Sara Gelsheimer: Yeah, yeah, it's definitely.
- 18:38Sara Gelsheimer: It can be a challenge, but delegating those tasks out are so important and really, you know, from a financial perspective to of course I'm biased, but I do think you know outsourcing your financial you know life can be super helpful as well.
- 18:56Sara Gelsheimer: I mean, I work with clients often who are fully capable of doing this on their own, but they want to spend their time doing things that they enjoy more than dealing with their financial situation.
- 19:08Sara Gelsheimer: And I just caught a mistake on a client's tax return yesterday that they're going to get an $8,000 refund, and so we often can bring up things that clients don't even know or, yes, outages they've never heard of.
- 19:21Sara Gelsheimer: And so I think it's another area where the cost sure it's an upfront cost or an ongoing cost, but that the return, you know, more than pays for itself.
- 19:31Michelle Gauthier: Yes, yes, and I think that's so true with money and you know many other services where it's not that we would be unable to figure it out, but but why?
- 19:41Michelle Gauthier: That's what I think.
- 19:42Michelle Gauthier: But why, when I'm on a call with my financial advisor, who's a female, and my accountant, who also is, and they're talking back and forth to figure things out, and I'm I'm listening because I'm interested and I want to understand it, but they come up with all kinds of strategies and things that I would not even know about, nor do I even.
- 20:02Michelle Gauthier: Really I want to understand that, what they're doing, but I don't want to research and learn about them.
- 20:08Michelle Gauthier: And no, that is not my sweet spot.
- 20:11Michelle Gauthier: And yeah, it has definitely been worth the money, that's for sure.
- 20:14Michelle Gauthier: Like I've made way more money than I would have ever made on my own, you know, without their advice.
- 20:20Sara Gelsheimer: Yeah, absolutely.
- 20:21Sara Gelsheimer: I feel like that's a great adage you don't have to know how the watch works, you just need to know how to tell time.
- 20:26Sara Gelsheimer: So, in your example, like you want to understand how to tell time, right, but they understand the complexities, the intricacies of those different areas, so there's no reason for you to try to dive deep into those.
- 20:39Michelle Gauthier: Yeah, exactly Like somebody else is doing that.
- 20:41Sara Gelsheimer: That's right, I love it.
- 20:42Michelle Gauthier: I love it.
- 20:43Michelle Gauthier: That's so great.
- 20:44Michelle Gauthier: Okay, well, two more questions to wrap up, which are questions I ask everybody who is a guest on the show.
- 20:49Michelle Gauthier: Is what is something that you personally do when you feel overwhelmed, to help yourself feel better?
- 20:56Sara Gelsheimer: So I have done a lot in terms of breathing and meditation, so I try to do those things in the moment, but in terms of actual like things to do, that make me feel better when I'm overwhelmed.
- 21:09Sara Gelsheimer: You know, we're in Q4 right now, which is a difficult, a lot to do in Q4 work, and so there are times where my task list is so long and I feel like I need to do all these things today, and when I actually like look at the calendar and say, ok, I'm going to put this over here, I'm going to put this a couple of days out, when I actually kind of do time blocking, which I don't do day to day.
- 21:32Sara Gelsheimer: But when I get overwhelmed and actually put those things on the calendar and realize I don't have to do them all today, that can make me feel a lot better.
- 21:41Michelle Gauthier: That's a great great idea, because when you feel like you have to do it all today makes you feel overwhelmed, and then, when you're overwhelmed, most people just can't think straight on anything, so it's kind of pointless.
- 21:51Michelle Gauthier: Okay, that's a great one.
- 21:52Michelle Gauthier: And then the second question is what is something that you do regularly in order to do less or save time?
- 22:00Sara Gelsheimer: I love killing two birds with one stone in any way, shape or form that I can.
- 22:05Sara Gelsheimer: So you know, as a busy working mom of three kids, I don't have a ton of time to get in extra steps.
- 22:14Sara Gelsheimer: So I have a walking pad at work that I try to use anytime I'm, you know, in a webinar or you know, doing some mindless stuff I have to get done.
- 22:24Sara Gelsheimer: I can walk while I do it, which is really helpful.
- 22:26Sara Gelsheimer: And when I'm walking, like at home, if I do get a chance to go out and walk, that's when I listen to podcasts such as this and other forms of learning, because I'm like, oh, I might as well walk and get some educational content in at the same time, or listening to podcasts while I drive.
- 22:42Sara Gelsheimer: So yes do those two things at once is very helpful for me.
- 22:46Michelle Gauthier: Okay, good, good, that is a good time saver.
- 22:48Michelle Gauthier: How is your walking pad?
- 22:51Michelle Gauthier: I've seen those before and I've wondered.
- 22:53Sara Gelsheimer: Best purchase I've made in 2023.
- 22:55Sara Gelsheimer: I got it last year and it is.
- 22:57Sara Gelsheimer: I mean it's nothing fancy.
- 22:58Sara Gelsheimer: I mean I think it was on sale at Amazon for 200 bucks and yeah, I've gotten so many steps in that I wouldn't have otherwise.
- 23:08Michelle Gauthier: So, yes, highly recommend, oh that's good to know, because I've wondered about that before.
- 23:13Michelle Gauthier: Especially this is funny, Like this is definitely a thought I have, but I was like $150, $200.
- 23:19Michelle Gauthier: How good can that be?
- 23:20Michelle Gauthier: Is it going to fall apart, you know, like as compared to a treadmill?
- 23:24Michelle Gauthier: That's what.
- 23:24Michelle Gauthier: I'm comparing it to you know, which is like a $5,000 investment.
- 23:28Michelle Gauthier: Unless you get the Peloton one, then I think it's like $12,000.
- 23:34Michelle Gauthier: Yeah, okay, cool, that's good to know.
- 23:35Michelle Gauthier: Well, if people want to know more about you or your work, where can they find you?
- 23:40Sara Gelsheimer: So you can follow me on LinkedIn.
- 23:42Sara Gelsheimer: I try to share a lot of helpful content as well as information about our women's initiative, the newsletter and things like that.
- 23:50Sara Gelsheimer: So inspire her or my LinkedIn would be great.
- 23:54Michelle Gauthier: Okay, okay, perfect, and I'll put both of those in the show notes.
- 23:58Michelle Gauthier: Well, thank you so much for being on today.
- 24:00Michelle Gauthier: It was fun to talk to you.
- 24:01Michelle Gauthier: I feel like if someone can make talking about money fun and interesting, then that is a real win.
- 24:08Michelle Gauthier: And you have done that and you have helped us see how we can be so much more calm in our approach to money by taking those steps.
- 24:12Michelle Gauthier: So you have done that and you have helped us see how we can be so much more calm in our approach to money by taking those steps.
- 24:15Michelle Gauthier: So thank you so much.
- 24:17Sara Gelsheimer: Thanks so much for having me.
- 24:23Michelle Gauthier: Thank you for listening to the Overwhelmed Working Woman podcast.
- 24:26Michelle Gauthier: If you want to learn more about my work, head over to my website at michellegauthier.
- 24:30Michelle Gauthier: com.
- 24:32Michelle Gauthier: See you next week.