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.

Topics Covered

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

Behavioral Cents: https://www.behavioralcents.com/

Email [email protected]

Call (914) 923-6081

Stopping Overshopping

Connect with Katherine Miller

The Center for Understanding Conflict: http://understandinginconflict.org/

Miller Law Group: https://westchesterfamilylaw.com/

Katherine on LinkedIn: linkedin.com/in/kemiller1

The New Yorker’s Guide to Collaborative Divorce by Katherine Miller: https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246

Email: [email protected]

Call (914) 738-7765

Resources

Sarah Coyne’s Study on Disney Princesses: http://commons.princeton.edu/wp-content/uploads/sites/87/2019/01/Coyne-et-al.-2016-Pretty-as-a-Princess-Longitudinal-Effects-of-Enga.pdf

Geena Davis Institute of Gender in Media: https://seejane.org/