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The Finance Girlies: Money Conversations for Gen Z and Millennial Women
Welcome to the Finance Girlies, a money podcast for the girlies who’ve never felt seen by traditional finance advice.
This isn’t your typical personal finance show — it’s two Millennial friends talking about money the way it actually shows up in our lives.
We’re your hosts, Emily Batdorf and Cassidy Horton. Between the two of us, we’ve spent more than a decade researching and writing for big publications in the personal finance space.
Now, every Wednesday, we’re sharing our financial knowledge, experience, and hard-won confidence with you. (And when it’s helpful, we bring in trusted experts to help us unpack the more complex topics.)
During each episode of The Finance Girlies, we’ll cover topics like:
- Why you don’t have to feel “ready” before you start investing
- How to be a more conscious consumer when you’re constantly being #influenced
- How your career as a freelancer, entrepreneur, or employee affects your financial reality
- How to handle money conflicts in relationships — and strategies to avoid them altogether
- How your money beliefs directly impact your financial habits and choices
Together, we’ll explore how you relate to money: through conversations with your partner, the paycheck you earn, and how you spend your days. Instead of throwing prescriptive advice at you, we’ll give you helpful reframes, mindset tools, and why-did-nobody-teach-me-this tidbits to help you build financial confidence every day.
If you’ve ever felt like personal financial advice was too dry, impractical, condescending — or just too bro-y — we invite you to pop in an earbud and let out a deep exhale.
The Finance Girlies: Money Conversations for Gen Z and Millennial Women
Q&A: Everything you need to know about Roth IRAs / 12
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The name “Roth IRA” doesn’t scream excitement. (It kinda sounds like a stuffy account you’d open in the 1950s.) But fun fact: Roth IRAs just became a thing in 1998, which is why even older generations are still getting excited about them.
If you’ve been seeing everyone online shouting “Max out your Roth IRA!” and you’re like, Okay, but why?? — this episode is for you.
Today, we’re answering your listener-submitted questions about how Roth IRAs work, who should open one, and how to actually invest the money inside.
Plus, we chat about whether now is a good time to invest (spoiler alert: it probably is).
✨ Episode Highlights ✨
- [00:00] Intro & why we love Roth IRAs
- [02:00] Emily’s aunt gave the most iconic Roth IRA pep talk
- [04:00] What is a Roth IRA? Explain it to me like I’m 5.
- [07:00] Who should open a Roth IRA?
- [09:00] Where can I open a Roth IRA?
- [11:00] Is it a good idea to keep my emergency fund in a Roth IRA?
- [13:00] When should I start being more conservative with my Roth IRA investments?
- [15:00] I have both a Traditional IRA and a Roth IRA—where should I put my money?
- [19:00] I opened a Roth IRA… now how do I actually invest the money inside it?
- [23:00] What are the tax benefits of a Roth IRA vs. a Traditional IRA for freelancers?
- [25:00] Should I still be investing money right now when everything feels chaotic?
- [32:00] Final thoughts & how much your Roth IRA could be worth in retirement
✨ Resources ✨
- IRS list of approved reasons to pull from Roth IRA: https://www.irs.gov/publications/p590b#en_US_2023_publink100089542
- IRS Roth IRA Contribution Limits: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits
- Income limits for Roth IRA contributions: https://www.fidelity.com/learning-center/smart-money/roth-ira-income-limits
- Best brokerages for opening a Roth IRA: Fidelity, Vanguard, Charles Schwab, Ally Invest
- Book recommendation: Financial Feminist by Tori Dunlap (great read on investing & financial activism!)
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