Investing Advice from the Most Powerful Woman on Wall Street

New to the Erika Taught Me podcast? Start here: Barbara Corcoran (Shark Tank) on success:    • How Barbara Corcoran turned $1,000 into $6...   What Financial Experts Won't Tell You About Money -    • What Financial Experts Won't Tell You Abou...   Ryan Serhant on Creating a Millionaire Mindset -    • Ryan Serhant: What I CHANGED to become a M...   Asking The $100,000,000 Man How To Get Rich | Alex Hormozi -    • Asking The $100,000,000 Man How To Get Ric...   Ep 17 - I talk to Sallie Krawcheck, former head of Bank of America's Global Wealth and Investment Management division, current CEO of Ellevest, and arguably the most powerful woman on Wall Street. She teaches us how to make planning your finances simple and we discuss investing, credit card debt, and building wealth. Most importantly, Sallie shares her tips to succeed financially, especially when being a woman in today’s world. Learn more about Ellevest here. https://www.ellevest.com/ Join my free 5-Day Investing Challenge to learn how to make your first $10,000 with investing even as a beginner: https://erika.com/investing-challenge... Thanks for tuning in and come back every Tuesday for a brand-new episode! Prefer to listen on the go? Listen wherever you get your podcasts. https://www.erikataughtme.com/follow Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠: https://erika.com/review (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. Connect with me on Instagram at / erikankullberg and / erikataughtme For more information, go to https://www.erikataughtme.com/ Join Erika Kullberg Insiders, my private personal finance community using this 7-day free trial: https://erika.com/eki/free-trial Join my free 5-Day Savings Challenge to save $1,000 in a month -- without penny pinching or changing your lifestyle: https://erika.com/savings-challenge Read all my latest articles at Erika.com: https://erika.com/home Get on my personal finance & investing course priority waitlist here. https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it. https://erika.com/mastering-YT For more of my free resources: https://erika.com/all-links Timestamps: 00:00 - Intro 01:04 - Reasons people get wrong when it comes to investing 05:39 - What to do when you want to start investing 08:31 - Formula if you want to pick your own ETFs 09:41 - Sallie's advice to people that are scared of investing 13:16 - What if I don't have enough money to invest? 19:20 - Why is Sallie so passionate about helping people? 21:59 - Gender pay gap, wealth gap and investing gap 25:14 - How should people go about making more money? 31:00 - Financial Literacy and how to work on it 41:49 - Sallie's biggest money mistake 43:31 - Sallie's best money moves she's made 49:45 - The worst financial advice 59:17 - What is different about Ellevest? 01:01:10 - Sallie Taught Me