Dec 9, 2020

According to a recent McKinsey & Co and LeanIn study, 1 in 4 women are considering leaving the workforce or stepping back from their career paths because of the additional demands placed on them due to the pandemic. So, how does this impact our ability to maintain or improve our financial health?  In this episode, I speak to Janice Scholl, host of The Money, Career, & Motherhood Podcast, about how women can take charge of their financial future during difficult times, and the importance of coming together to discuss solutions to the pressing problems facing families today.

Bio:

Janice Scholl has spent her entire career talking about money and business. Through her time as a commercial banker, consultant and mentor to budding entrepreneurs, she helped clients create solid business and financial strategies to help propel their business to success. While working with aspiring female entrepreneurs, Janice noticed that the same four themes kept repeating: ● Many women are uncomfortable with finance, both in their business and in their personal life. ● Women want access to more women mentors and advisors. ● Women often start businesses because they feel the corporate world doesn’t fit their lifestyle. Few are motivated by purely financial reasons. ● Mothers didn’t want money to drive their family decisions. From these themes The Money, Career, & Motherhood Podcast was born. Now Janice spends her time helping mothers gain confidence and understanding about money, career, and business topics as they relate to motherhood and family – the way many women actually think about money. Janice loves helping mothers implement business and financial strategies within their families to help each family member thrive.

Check out The Money, Career & Motherhood podcast at moneycareermotherhood.com

Resources:

Women leaving the workforce during the pandemic:

https://www.cnbc.com/2020/10/02/865000-women-dropped-out-of-the-labor-force-in-september-2020.html

LeanIn and McKinsey's Women in the Workplace report:

https://womenintheworkplace.com/

Women are leaving the workforce at four times the rate of men

https://www.npr.org/sections/coronavirus-live-updates/2020/10/02/919517914/enough-already-multiple-demands-causing-women-to-abandon-workforce

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