Helping Women Have a Good Relationship with Money with Carrie Rattle
Though it’s been proven that girls are just as good at math as boys, the cultural assumption that men are better at managing money persists. And in the divorce process, many women (even the smart, capable ones) struggle with financial decisions. So, what are the systemic myths that keep women from having a good relationship with money? And what can we do to change that?
Financial Therapist Carrie Rattle is the Founder and CEO of Behavioral Cents, a coaching practice dedicated to helping professional women build wealth by learning how to get out of debt, save money, or protect their assets during a divorce. A financial executive with 30 years of experience in the banking industry, Carrie teaches women to build money-life balance and align their values with their spending.
On this episode of Divorce Dialogues, Carrie joins Katherine to discuss the five unique hurdles that separate women from a good relationship with money. She introduces us to the princess syndrome, explaining how parents treat girls differently when it comes to finances and what’s problematic about the cultural assumption that men are better with money. Listen in for Carrie’s insight into the not-good-enough messaging women get from the media and learn what we can do to combat the fear, shame and social assumptions that impact a woman’s confidence around money.
What inspired Carrie to focus her work around women and money
Why it’s crucial for divorce professionals to understand where women are coming from when it comes to money
The five hurdles that separate women from a good relationship with money
How parents treat girls differently when it comes to finances
The difference between general financial literacy and connecting how our behaviors translate to expenses
How the princess syndrome impacts young girls and influences their attitude toward money
The problem with our false cultural assumption that men are better at managing money
The not-good-enough message women get from the media and how it impacts their confidence around money
Why investing is a lot less complex than most women think and how Carrie teaches asset allocation
CONNECT WITH CARRIE RATTLE
Call (914) 923-6081
CONNECT WITH KATHERINE MILLER
The Center for Understanding Conflict
The New Yorker’s Guide to Collaborative Divorce by Katherine Miller
Call (914) 738-7765
Sarah Coyne’s Study on Disney Princesses