Investing Advice from the Most Powerful Woman on Wall Street

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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...

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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