Girls that Invest - Michelle Flanagan

START WELL™ Podcast: Episode 9 - Girls that Invest

Our Resident Book Reviewer Michelle Flanagan helps us discuss and unpack the popular book Girls that Invest In this episode of the START WELL™ Podcast, we delve into the world of investment through a unique lens: that of women taking charge of their financial futures. Our guest Michelle Flanagan, Principal Adviser at The Wealth Designers, steps in as our resident book reviewer (coming up The Psychology of Money and Rich Dad, Poor Dad).

Michelle graciously offers her insights and expertise by reviewing this hugely popular book. She recommends this book for its plethora of valuable lessons, contemporary references (like TikTok) that connect to a younger audience, and its strong call to action to just get started on the path to financial empowerment. Michelle likes the book's robust action plan at the end of each chapter and addressing potential challenges her readers may face from those around them when beginning their financial empowerment journey.

Michelle liked how the author, Simran, uses interesting analogies to help the reader understand concepts such as likening investing to skin care. A concept that particularly stood out to Michelle was how Simran, articulates the impact of stagnant wages effectively amounting to a pay cut due to inflation. Michelle appreciates the directness with which Simran addresses such crucial concepts. It's worth noting that while the book isn't solely focused on investing, it plays a vital role in empowering women to strengthen their overall financial position.

Michelle has given this book a 5/5 in relation to how impactful it would be for a young person or a parent wanting to share a book with their kids.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).