Time is Money, Know the Basics
Financial Rules for Women to Live By
In this episode, herdacious host Lorelei chats with Nickelle Leist Resnik about understanding the financial basics. Nickelle walks us through investment strategies women can practice in order to cultivate economic insurance and secure our fiscal futures. As we learn how to manage our money, Nickelle shares ways to protect ourselves through minimizing prospects of financial stress in light of unprecedented events, while encouraging financial freedom to pursue personal desires wisely.
Host: Lorelei Gonzalez
Co-host: Nickelle Leist Resnik
Nickelle Leist Resnik is the Austin leader of Rethink Wealth and registered security representative for Park Avenue Securities. Nickelle’s passion lies in helping women find financial confidence through the transparency of options, sharing her own story, and eliminating the fear of facing finances with education. Nickelle served as the NAFIA National Young Advisor Chair, the NAIFA California Young Advisor Chair, and the NAIFA Austin, TX program Chair.
Things you will learn in this episode (chapter markers available):
- The Big Three Rules 1:20
- One size does not fit all: importance of financial advisors 6:30
- Be your own insurance 7:00
- Allocating your assets 15:00
- Access your money now 17:55
- Eliminating debt 19:20
- Good vs. bad debt 22:05
- Guide to mortgages 24:00
- Femme fact: Marilyn Monroe 26:45
Resources recommended by the co-host:
- 7 Easy Ways to Improve Your Finances This Week - ReThink Wealth blog
- Financial Empowerment for Women - ReThink Wealth article
- The Complete 401(k) Picture - The Living Balance Sheet
Link to show transcript here.
Looking for additional resources on this topic? Check out our webinar "How to Not Die Broke" | Kara Perez
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Disclaimer: While we appreciate our sponsors' support in making this show possible, herdacious content is curated with integrity and honesty. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Rethink Wealth is not an affiliate or subsidiary of PAS or Guardian.
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