5 ways women can maximize their finances | Sandra Pierce | TEDxOshawa

[@oo_eddie_oo4204]

The part where Sandra talked about the differences in how men and women view their financial knowledge was great! We should challenge these perceptions and build our confidence.

[@sandrapierce5382]

We should indeed!! Over the years the women I’ve worked with had the knowledge. It’s all about the confidence. And we women have a tendency to underestimate our abilities.

[@sandrapierce5382]

It’s a perception gap. Women have the capacity for sure

[@DragonPotPie]

It's great to hear that 44% of women are now managing their own investments or working with their spouses. That's a massive improvement on previous generations!

[@sandrapierce5382]

Absolutely. That’s a great positive. But still so much work to do !!

[@johnathanbrayton]

Sandra makes a compelling case for the importance of financial literacy for women. We need to start teaching these skills at a young age.

[@paddywilson-humble3003]

The story about the client who created scholarships for women in engineering was so awesome! Love hearing about people doing good things for others with their money. Not in a fleeting way like "we took a poor family to Disneyland" but to actually create change like that is really wonderful.

[@sandrapierce5382]

I agree. That’s the best of philanthropy!!

[@cooltidbits]

The reference to Mckenzie Scott's philanthropy was a powerful example of what women can achieve with financial independence. We need more role models like her.

[@-GreyMatter-]

The advice to work with a financial advisor and attend meetings with your spouse is solid. Knowledge is power, and being involved in financial decisions is crucial.

[@heartsfeltpodcast]

It was such an honor to have listened to your talk. I'm definitely taking proactive steps towards changing how I think about money. Thank you

[@sandrapierce5382]

That’s the best compliment I could ever get!!!! Thank you. And you can do it!!!!

[@justinberdand]

The concept of the Great Wealth Transfer is fascinating and her advice on creating a financial plan as a roadmap for our future is so relevant!

[@sandrapierce5382]

So glad to hear the financial plan resonated with you. I cannot stress it enough what a critical piece this is to taking charge.

[@paulacharlesstanley]

McKenzie Scott's philanthropy is a powerful example of what women can achieve with financial independence!

[@ma-T-oxic]

This reminds me of how female-led business are not only more profitable but a lot of the time their business is centered around solving some kind of issue. Imagine that mindset backed by all the new wealth. Exciting times ahead for sure.

[@jeffgoldygold]

This is great! I have daughters and I hope I'm doing what I can to make sure they're financially literate and able to make those big choices in the future

[@ThePackHunter]

I loved the Amelia Earhart quote at the end. It's a reminder that taking the first step is often the hardest part, but it's essential for progress.

[@sandrapierce5382]

So glad you like it. It’s my favorite quote. One I call on frequently.

[@adagunesesq]

Loved the suggestion about starting a money conversation over a glass of wine! It sounds so charming haha and I can see how it would lead to a good discussion

[@averagestudent4632]

It's encouraging to see more women taking charge of their finances! Her insights were both motivating and practical, it really makes me want to manage my money better

[@sandrapierce5382]

Reading your comments made my day. I know you can absolutely do this!!!

[@noraandrews8215]

I loved how she highlighted the importance of creating scholarships for women in fields like engineering. It's so crucial to support future generations.

[@sandrapierce5382]

@@noraandrews8215 Thank you. Women supporting women ❤️

[@TheAmendIsNow]

The statistics about women’s charitable donations was interesting! It’s amazing to see how women can make such a positive impact through their financial decisions

[@sandrapierce5382]

It’s such an exciting time. Women can and are making a huge difference in the world through their charitable dollars.

[@milyfetyme]

This is really compelling in terms of how important it is for women to have financial literacy! Definitely something that should be taught from a young age

[@sandrapierce5382]

Thank you. It’s been my focus for 40 years. But we still have a long way to go.

[@morefunallthetime]

I think her story shows the importance of mentorship and the impact it can have on our careers and financial decisions. Those relationships can't be understated

[@sandrapierce5382]

I’m so glad you pointed out the aspect of mentorship. I can stress it enough !!!

[@leah-buttons]

The story about her mom standing up to her dad is a powerful reminder about the importance of financial independence.

[@sandrapierce5382]

Although this happened when I was in my low teens I remember it as if it was yesterday. It was important to me to share. So thank you for commenting on it.

[@shanteydevers]

The discussion on how societal beliefs about women and wealth can change with this transfer of wealth was very powerful. It's exciting to think about the broader impact this could have.

[@sandrapierce5382]

It is exciting isn’t it!! And it’s going to get even more so as time goes on ❤❤

[@shanteydevers]

@@sandrapierce5382 so cool!! looking forward to being a part of that shift 💪🏻

[@breakwideopenwithrhonda]

your superpower is that you’re a woman!! take out a bottle or two of wine 🍷 sit down with your spouse and say let’s have a discussion about money…brilliant …great wealth transfer….will my money last longer than i do? amazing life changing advice ❤

[@markdavis-oi6om]

Not much of a super power after you hit the wall at 28.

[@breakwideopenwithrhonda]

@@markdavis-oi6om hmmm…i’m 53 and my second act is just beginning!!

[@sandrapierce5382]

@@breakwideopenwithrhonda Bravo. You go girl🎉🎉🎉 that’s the perfect attitude.

[@maynardsavery]

Thank you this is such solid advice for financial planning!! I especially appreciated the lack of jargon!

[@marianaattentio]

It's clear that progress is being made but there's still a long way to go. Looking forward to seeing this great wealth transfer.

[@begrace7196]

Her talk on the potential for women to reshape society through their financial power is incredibly inspiring. We have an unprecedented opportunity to make a significant impact, and it's crucial that we seize it.

[@sandrapierce5382]

I hope more women like you feel inspired. It’s an important opportunity

[@jhonusalazar]

Loved the metaphor of having financial advisors being like elite athletes having multiple coaches. I think it shows how important it is to get professional guidance when you're navigating something complicated

[@sandrapierce5382]

So glad that helped to make my point. I find inspiration from elite athletes- and I long ago realized they always have a coach - and few go it alone. Our money should be treated with a similar sense of importance.

[@sandrapierce5382]

Delighted that this point made an impression. I have always found inspiration from elite athletes. We all work hard for our money - it deserves to be treated with the same sense of professionalism. And that one can benefit from working with an expert.

[@bra-nd-on]

She makes some fantastic points and I agree that knowing where you want to go financially and having a clear plan to get there is essential for long-term security.

[@sandrapierce5382]

Thank you for your enthusiasm. Sounds like you’re taking charge of your life👏😍

[@lauratherealdealfinnigan]

Well this is exciting!

[@sandrapierce5382]

That’s what I was going for❤

[@thevictorfirsov]

Her insights are truly transformative. Knowing that women will control $30 trillion by the end of the decade is a pretty good motivator to get involved in financial planning.

[@sandrapierce5382]

Especially women❤❤

[@vivianrylan8506]

I found her suggestions for open communication very useful, especially the idea of discussing finances with your partner over a glass of wine! I can see how that would make the conversation more approachable and less intimidating.

[@sandrapierce5382]

I’m so glad you found that useful. It is challenging if you haven’t been involved but baby steps. You can do it!

[@vivianrylan8506]

@@sandrapierce5382 Absolutely! Sometimes baby steps are the most important steps. Thanks Sandra 😁

[@aileascooper]

Her passion for empowering women in finance is so noble! I love her dedication to narrowing the gender investing gap and the practical tips make financial independence seem achievable for all women

[@sandrapierce5382]

You’ve left me speechless 🥰 your comments are far too generous. But you’ve not only made my day but inspire me to keep on doing what I do. I want all women to feel the confidence in life that being in charge of your financial life gives them.

[@shannelnasir2218]

It's interesting about the housework thing.... for me personally my husband does way more around the house than I do.

[@sadzigrezoh]

I think this is a very important thing for women to hear about, financial independence is a really important part of a well functioning relationship

[@sandrapierce5382]

Exactly!!! Definitely a key ingredient to a good relationship. Thank you for saying so

[@brookes5504]

Yes

[@milesprimrose5990]

Sending to the women in my life, well done Sandra!

[@sandrapierce5382]

You’ve made my day. We have to lift up the women we know who aren’t involved in managing their money.

[@1martinarose1]

I appreciate the step-by-step guide for financial independence. It's not the kind of thing everyone just gets taught ya'know?

[@sandrapierce5382]

You’re absolutely right!!! Not enough young girls are being exposed to the importance of money. And even they get to the stage in their lives when they are starting to earn a living so many of them aren’t motivated to deal with it themselves.

[@drivenbyco]

Sandra, you did an excellent job!

[@sandrapierce5382]

❤❤❤ thank you.

[@gailspordard]

The impact of successful women on the economy is incredible! Very cool to learn about how female spending power can significantly influence economic trends.

[@sandrapierce5382]

And can influence so much more. Women must not let this opportunity slip through their fingers

[@iamthefootyfan]

Her talk made me realize how important it is to be proactive about financial education. Learning more about investments and financial planning is something I’m definitely going to prioritize.

[@sandrapierce5382]

Then I’ve done my job!!! Bravo to you. 👏👏👏

[@iamthefootyfan]

@@sandrapierce5382 Haha, yes you have! Thanks Sandra! 😁

[@glenbeckernotthatoneeither]

This is such practical advice for financial planning I feel like everyone can benefit from it.

[@sandrapierce5382]

Thank you. Thats my goal. Glad it came across that way.

[@Joyli-sunflower]

1、 Take inventory list assiets and abilities.And ask yourself what's my main money concern. 2、creat financial plan 3、 Consider working with financial adviser. 4、 If your spouse is working with financial adviser Get yourself to next meeting. 5、keep it simple. Think of wealth Along three dimensions. Liquidity. Legacy. Longevity.

[@sandrapierce5382]

Share the message. Please ❤❤❤

[@itsmesamrendall]

This just goes to show the strength and potential women have in shaping the financial landscape.

[@sandrapierce5382]

I absolutely agree 🥂🥂🥂🥂

[@denisgongolev]

I think it's really awesome that this is happening, women have been oppressed for so long and financially abuse has played a huge role in that

[@sandrapierce5382]

Your insights are so dead on!! I’ve long advocated to women if you hand over your financial “power” to a partner you hand over all your power.

[@ThePoetopia]

I love how she highlighted the impact of the Barbie movie and concerts by Taylor Swift and Beyoncé. It's incredible to see women's economic power in action

[@sandrapierce5382]

Thank you. I thought it was a powerful example of what women are doing ❤

[@therealphoebuscommunication]

I though the practical steps at the end were really helpful, thank you!

[@sandrapierce5382]

Thank you!!!

[@randomthought1556]

The story about her parents really hit home. It's sad how many women still feel powerless when it comes to money

[@sandrapierce5382]

I’m so glad that personal story hit home. I realized I had never shared that story ever before!! I hope more women will listen to my talk and be motivated to take that first step.

[@Me-lolahernandez]

The point about women having to do more household chores was a stark reminder of the imbalance we're STILL facing.

[@sandrapierce5382]

It’s remarkable- and not in the best sense of the word--that it’s STILL the situation today. I decided to see if it was the same for me -- it was !!

[@Me-lolahernandez]

@@sandrapierce5382 definitely upsetting and probably a result of how things were for our parents, another cycle that needs to be broken!

[@miatbenjamin]

Thanks Sandra, great talk.

[@sandrapierce5382]

So glad you enjoyed. Getting women to be involved with their money is my life’s mission.

[@harrisonstenson8324]

I agree it's crucial for women to manage their own finances and not be dependent on others, there are some pretty horrendous stories about financial abvse out there

[@sandrapierce5382]

You’re so right. I’ve seen too many sad stories.

[@aaronereid]

This was really interesting to hear about. Definitely sharing with my female friends.

[@sandrapierce5382]

@aaronereid you’ve made my day. My hope in doing this TEDx talk was it would be shared. So thank you !!!!!

[@aaronereid]

@@sandrapierce5382 thanks, they all got something out of it, well done!

[@pierremartinetto]

I hope my wife feels included in our financial choices. Maybe I should have a bottle of wine with her tonight and discuss!

[@rachealbrasner4237]

Thanks for this!

[@sandrapierce5382]

My pleasure!!

[@jeanetteward]

Amelia Earhart's quote is as true today as the day she said it. What an inspiring figure!

[@sandrapierce5382]

It’s one of my favourite. And one I have to remind myself of during those difficult days.

[@marisolroman0-0]

I'm interested about the stats of women being more generous with charitable organisations? Is it measured on participation alone, or sheer dollars?

[@sandrapierce5382]

Most stats are measured by dollars. But participation is priceless although impact isn’t as easily measured. However, both are equally as important.

[@pierrept]

This is great info to be putting out there, financial abuse is no joke and it's normally women who cop it the worst

[@sandrapierce5382]

You’re so right. Sadly.

[@braulio.zamora]

I wish we were taught about this stuff in school.... where I went we had a career advisor we could see from grade ten so why not financial advisors too??

[@Notthefootykevinrooney]

Shocking to hear that 56% of married women still pass on financial planning to their husbands. It's time for women to step up and change this statistic.

[@sandrapierce5382]

My reaction exactly when I saw the stats. Well said. We need to change this statistic 👏👏👏

[@giacomots]

I've always talked with my wife about money. She's the one who is much smarter and responsible with it 😂😂

[@mathewgee6259]

Sending this to my older sister... I feel like she lets her husband have full control of their money and it's just never sat well with me

[@sandrapierce5382]

You’re a great sister. It’s frightening to me when women just hand over their power. I recently met a women in her mid 40 who guiltily shared she had no idea what her husband made and she blindly signed documents without even knowing what she was signing. We all need to help other women see the importance of being an informed partner

[@GreatoMatic]

What is considered an average we will receive in the great wealth transfer.

[@just-4-meImworthit]

It's strange to think we already have the capability for this but just not the confidence, and probably only because historically women have been left out of these conversations

[@williammathews1648]

Honestly neither me or my spouse really think about money.

[@sandynharris]

Okay the bit about women doing two more hours A DAY than their husbands was wild to me! It's no wonder they feel like they don't have time for financial planning but also like... that's a lot of housework!!

[@sandrapierce5382]

It is!!! I started timing what I do when I get home. It shocked me as well 😂😂

[@alaskabaked]

sending to sister

[@sandrapierce5382]

Thank you!!! My number one goal in doing this TEDx talk was to have it be shared!!!❤❤

[@mikehweaver]

While the idea of a great wealth transfer is intriguing, I'm skeptical about the actual impact it will have on society. Will women really use this newfound power to make significant changes?

[@sandrapierce5382]

That’s the Million Dollar question for sure. I’m saying yes.

[@l_u_vlesson]

That Barbie movie slapped!

[@t-bonebranson]

Man that's a lot of money. How do they even work that out ?

[@lovelanguagecoach]

My wife knows she's my superpower

[@sandrapierce5382]

I love this. Bravo‼️‼️‼️

[@KozomoBlur]

I wonder if there'll be a transfer of power as well as wealth

[@sandrapierce5382]

Good question. I’m on the side that says yes!! Money is power. And with money you have influence. Look at Melinda French Gates - one of the most influential figures in global giving -she’s focusing her wealth championing women.

[@miatharlow]

It's frustrating that even in 2024, 56% of married women leave financial planning to their husbands. We need more financial education for women.

[@sandrapierce5382]

Trust me I share your frustration. After 40 years dedicated myself to empowering women when it comes to their finances I am saddened to see the number still so high. Which leads me to believe it’s more than financial literacy. That I hope will be my next Talk. Women are smart. They can do this.

[@careytmoore]

There is no way my wealth is going to last as long as I do. 😭

[@jessicamahmed]

Does the 2 extra hours that women put in around the home outweigh the extra hours that the men put in at work?

[@sandrapierce5382]

The comparison is couples who work pretty much the same work hours.

[@ashmillen]

sending to all the women I know.....

[@sandrapierce5382]

Thank you for sharing.

[@katiaromanow]

Why do we have to wait till these husbands pass? We should have access to at least half of their net worth the moment we marry.

[@the-cookie_monster]

Finance has always been such a mans world... I wonder if that's because past a certain point it doesn't really matter so much? Women are content to have what they need to be comfortable. I think it's a very masculine way of thinking to need more, more more....

[@urdadiam]

Yeah this is cool and all but I don't think this really addresses the systemic issues that keep women from taking control of their finances. It's not just about confidence or having the time it's also societal norms and expectations.

[@sandrapierce5382]

You’re absolutely right. It’s impossible in 10 minutes to go as deeply as I would have like. I hope I at least got people talking. The reasons why women aren’t in charge of their own investments are complex, multifaceted and not entirely understood. I am working on a keynote speech that I plan on going much deeper.

[@nikolaihlazarev]

I guess it's still impressive to give $16 billion dollars away, but didn't she receive $38 billion in the divorce? How much money does one need?

[@sandrapierce5382]

She’s only been divorced for a few years and her intention is to give most of her wealth away. That $16 billion is just the beginning. But it takes time to give away massive amounts of $$$

[@QuickShareMcDare]

I would love to see this same talk given by a man, addressing other men, he would get destroyed in the comments.

[@rusticsettings]

Man I'm glad I don't have kids. I'd barely spend two hours a week on cleaning let alone a day.

[@sandrapierce5382]

Now that’s funny. 😂😂

[@rusticsettings]

@@sandrapierce5382

[@sofiatclara]

I think both genders need a lot of education on how to maximise their finances.

[@sandrapierce5382]

Bingo!!!! I couldn’t agree more.

[@sofiatclara]

@@sandrapierce5382 truth.... well done Sandra great talk