With an audience of over 1 million subscribers and the ear of major financial institutions, my next guest for Profit. Power. Pursuit., Amanda Steinberg, might seem to have it all. But her financial education company, DailyWorth, has continued to evolve and explore new opportunities, like the newly launched WorthFM.
WorthFM is a digital investing platform targeted to women. The face of financial management is changing. While women have long been the check book balancers and monthly budget keepers, men have continued to manage big picture financial decisions like investing, retirement planning, and asset management.
WorthFM aims to help women achieve greater autonomy when it comes to their nest eggs.
Why? It’s a road Amanda has been down herself.
When she originally started DailyWorth, it was because she had a realization about just how much she didn’t know about money, its role in our lives, and how to protect herself for the future. Amanda changed her own money story (she always thought of herself as a spender, not a saver) and then set about learning everything she could about how to put her money to work for her.
Of course, there’s a lot to learn about money and financial management. Amanda suggests you start with a goal of clarity.
You can’t make good decisions or even apply what you learn until you have financial clarity about how much money is coming in and just how that money is going out.
This is an important episode of Profit. Power. Pursuit. because, as business owners, we can put so much emphasis on earning more while ignoring the imperative to be good stewards of our wealth. Good financial habits should be a trait of all entrepreneurs, not just the frugal or the super wealthy.
I spoke with Amanda about her personal money story, the opportunities in the financial management market, why she’s chosen to partner on this new venture, and the unconventional financial advice book she’s writing.
Click here to take the MoneyType quiz Amanda mentions in the episode.