Sallie Krawcheck on Death, Sex & Money

I’ve long been an admirer of Sallie Krawcheck. In the early 2000s, during her run as the chief of Sanford C. Bernstein and later Citi Global Wealth Management, she was considered the most powerful woman on Wall Street.

She is now the CEO and Co-Founder of Ellevest, a digital  investment platform for women. She is also the Chair of Ellevate Network, a many-thousand-strong global professional woman’s network; and she is the Chair of the Pax Ellevate Global Women’s Index Fund, which invests in the top-rated companies for advancing women.

I was pleased to recently stumble across her interview on the Death, Sex & Money podcast. I gave it a listen as I waited for my wife to finish an appointment, just before we headed to the gym for an afternoon workout.

Among the many great observations, from someone who has made and lost lots of money, is this nugget which gave me a chuckle. When the interviewer, Anna Sale, asks her what going through a divorce taught her about money, Krawcheck replies, “Have it.” Indeed. Having experienced divorce myself, I can certainly relate to the sentiment! Is there ever a time as an adult when having money doesn’t help?

If you have 30 minutes to burn, perhaps on your morning or evening commute, give it a listen.

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.

2 Comments

  1. I’d agree to James. Have it – for sure. Been there too, unfortunately.

    • The one good thing that came out of it for me was a laser-like focus on learning about personal finance. I vowed to always have – and be in control of my – money. Money may not buy happiness, but it sure makes life easier and not having it doesn’t bring much happiness.

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