{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F66c543a8-bfa3-49f8-a05f-63393778f2e9","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Think Like A Breadwinner with Jennifer Barrett","description":"Today on the show, we welcome Jennifer Barrett. She is the author of \u201cThink Like A Breadwinner\u201d - a wealth building manifesto for women who want to earn more and worry less.\nA financial journalist first, Jennifer then moved to the management track, working for Newsweek, New York Times, Hearst, NBC, CNBC. Now she works at Acorns - an app to help people save more money.\nWe talked about how she worked at DailyWorth - one of the first sites to focus on reaching women with money knowledge. And now thankfully, there are many sites that are trying to reach women.\nJennifer stresses how important it is for women to find your people. Female leaders and female managers who feel like they\u2019re the only in their company need to seek out other women and organizations to support and inspire them.\nChief is a female only network Jennifer joined that is expanding all over the country. There are more similar groups - Luminary, The Riveter, Hey Mama, AllBright, Dreamers and Doers being a few.\nJennifer shares more about the Acorns App. It\u2019s the spare change investing app. When you use your debit card, they round up the purchases and invest the change. It makes investing so much easier.\nJennifer\u2019s book, \u201cThink Like A Breadwinner\u201d, was written from her own experience living in New York in a one bedroom apartment with her husband and toddler. She had been at Newsweek for 7 years and hadn\u2019t negotiated her salary during that time.\nEven though she thought of herself as independent, Jennifer realized she wasn\u2019t truly independent, she was just treading water. She knew she needed to be more proactive.\nAfter further reflection, Jennifer realized if she had been raised like a man who expected to be the breadwinner, she would have made very different choices. Then she asked herself, going forward, what kind of choices would she make if she was thinking like a breadwinner.\nJennifer talks about how with each paycheck, use it as an opportunity to be less dependent on the next paycheck. Every time you have money coming in, ask yourself what is the most I can take out of this check to put towards my future, to start growing that money. One day you will be less dependent and not live paycheck to paycheck.\nIt was also important for Jennifer to start negotiating like a breadwinner. She shares how it was difficult at first and how important and helpful a female network can be in this situation.\nPreviously to being in management, Jennifer thought what they\u2019re offering is what they can afford. She learned that there is usually budgeted ranges for salaries with the expectation that a candidate will negotiate.\nParents talk to their daughters differently than they talk to their sons. Parents talk to their daughters about budgeting and shopping smartly, clipping coupons. They talk to their sons about building credit, investing wisely and all the skills you need to be a successful breadwinner and provider.\nEven though Jennifer had great role models in her parents, they didn\u2019t have conversations about money. She also didn\u2019t have any conversations with school counselors or advisors. When Jennifer got a job she began a cycle of overspending and then earning more.\nWith her own children, Jennifer has taught them about pricing, investing and they have open conversations about money too.\nThe definition for success Jennifer gives is being able to have the life and the impact she wants to have and to support the people and the causes she cares about.\nThe 3 words that come to mind for her when she thinks about the word money are freedom, power and impact.\nJennifer\u2019s website -\nwww.jenniferbarrett.com\nJennifer on Instagram -\nwww.instagram.com/jbarrettnyc\nThe educational arm for Acorns.com -\nwww.grow.acorns.com","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/cb9182bc-c4fa-4106-b9f9-9282a6fba7a8/1868473-1559255497785-12f9a39ef7823.jpg"}