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International Women’s Day nearly escaped my awareness this year. As it turns out, I wasn’t the only one not in the spirit: About a week earlier, the “for women, by women” investing platform Ellevest announced it would be selling and transferring its roboadvisory accounts to Betterment this April. Ellevest explained in the fine print that […]
There are a few notable examples of overlap between traditional personal finance advice and economic justice movements. Take, for example, last Friday’s “Economic Blackout,” organized by a group called The People’s Union. The Blackout challenged Americans to avoid shopping at megacorporations like Target or Amazon for a single day (Friday, February 28), an idea which […]
A cherished milestone of modern American adulthood is rewatching the 1990 classic Home Alone through Zillow-pilled eyes for the first time, witnessing the wings on either side of the McCallister house, and realizing, woah, those people were rich. So much so that a fun New York Times piece set out to determine just how rich, […]
In 2021, I earned more in a month than I had earned in all of 2018. I was 26. Given all the buzz about oligarchy this year, I’ve been reflecting on the psychological experience of sudden material abundance: Becoming wealthier made me realize how much easier life is when your access to money is practically […]
As a pathologically ambitious college junior a few months into my first real internship, a generous, well-regarded full-time employee on my team pulled me aside after my #grindset and I handed in an assignment early. You’re doing a great job, she whispered, but I’m going to let you in on something: Don’t work so fast. […]
When we first moved to California, our next-door neighbors—a very kind Gen X couple—knocked on our door and invited us over for dinner. In the following weeks, they’d pop over to check in, periodically lending a tool or an extra set of hands. One day while I was stuck in traffic coming back from San […]
I rarely go physically grocery shopping anymore, opting instead for the convenience of delivery orders of roughly five days’ worth of meal-making materials at a time. But this past Saturday, I decided to take the entire day off (¡escándalo!)—so why not take the time to drive across town and peruse the produce in person? Before […]
The other day, I saw this chart floating around Twitter: This was rage-bait, and baby, I was hooked, lined, and sunk. It was accompanied by the claim that Jeff Bezos paid a 23% effective tax rate* on $4 billion in reported income between 2014 and 2018. Having just forked over multiple six figures in taxes […]
Last July, we moved into a new rental house, and despite our excitement about landing in NorCal, leaving Colorado was an exhausting move. By our first day in the new house, my nerves were fraying at the edges. And that’s when I heard it: Beep beep beep. Beeeeeeep, beeeeep, beeeeeep. Beep beep beep. My husband […]
I’ve written at length (both last week and at the end of 2022) about the realizations that helped me become financially savvy. But I’ve never shared the experience that occurred before those initial W-2 paychecks started coming. I faced a post-grad experience that will be familiar to most young people: Securing an internship after graduation—rather […]
The moment a crisp $20 hit my palm growing up, I took it as a cue to coerce a friend’s older sister to chauffeur me to the mall so I could raid the disheveled sale rack at Hollister. I was a spender, not a saver, and my frugal parents were nervous. Their “waste not, want […]
Imagine a group of kids: some short, some tall, some gangly, some sturdy, each with a varying level of athletic ability. Some are coordinated and quick on their feet, while others resemble me as a child (read: running on wobbly knees and timid in the face of physical threat, destined instead for drama club). There […]
When I first began making the rounds on the amateur podcast circuit as “Money with Katie,” I heard the same question posed with almost comic repetition: “Why do you think women lack financial confidence?” Oh, gee, Eric, I don’t know—maybe because we’ve been told our entire lives that we’re bad at math and our male […]
“Even with men doing more parenting than before, the majority of women are still left facing the well-rehearsed motherhood-versus-career dichotomy. But it’s not a dichotomy; it’s a socially organized choice masquerading as a natural one.”—Laura Kipnis A few weeks ago, I betrayed my better judgment and found myself wandering innocently into the comments section of […]
Ever since that cursed Shein brand trip last summer in which American influencers toured the company’s Guangzhou factories and marveled aloud at how “not-sweaty” the workers were, the center of the Venn diagram between sustainability and personal finance came into full focus. For most people, financial health is contingent upon managing consumption habits—producing more income […]
A few weeks ago, I received an email from a listener who was grappling with the hollow trappings of prestige. She described graduating from an MBA program and starting a fancy management consulting job. She felt like she had really made it—for a little while. “Even though information about how management consulting sucks is widely […]
In the fall of my senior year at my all-girl Catholic high school, we went on a mandated retreat. It was hosted at St. Anne Convent in Melbourne, Kentucky, the location where they shot the movie Rain Man, something they inexplicably reminded us throughout the weekend. The weekend-long retreat was designed to manufacture vulnerability: We’d […]