The financial system wasn’t designed to fail women. It was designed to exclude them.

Takin' Care of Lady Business Episode 151

The wealth gap isn’t an accident. It’s the result of decades of women being told to leave the money to the men. To stay in their lane. To be grateful, not ambitious.

And we internalized it. The hesitation, the over-saving, the flinching when someone asks what you make. That wasn’t weakness. That was conditioning.

Kimberly Palmer joins me this episode to name it, dismantle it, and give you the tools to stop leaving money on the table.

Her message: stop treating money like it’s someone else’s problem. It’s your power. Start acting like it.

In this episode, you'll learn:

• Why avoiding risk is costing women more than making mistakes

• The real reason money feels overwhelming (and how to fix it fast)

• The first financial move every woman should make—and why most don’t

  
  

Highlights:

(00:00) Meet Kimberly Palmer

(02:00) The girlfriend who wouldn't talk salary

(03:06) Why financial systems feel so overwhelming

(03:36) The fear of making a money mistake

(11:07) The letter Kim's mom wrote that changed everything

(14:00) Why tracking your spending comes first

(15:00) The 50/30/20 budgeting breakdown

(27:10) Why women invest too safely

(33:47) Giving back while making money

(34:50) The worst advice Kim ever got

About Our Guest:

Kimberly Palmer is a personal finance expert at NerdWallet and the author of three books, including her most recent, Smart Mom, Rich Mom. Before building her career around making money less intimidating, she was the friend in her social circle who refused to let money stay a taboo subject, pushing girlfriends to talk salaries, negotiate raises, and face their finances head-on. After watching women freeze up around money decisions not from lack of intelligence, but from decades of being told it wasn't their domain, she made it her mission to change that. Today, she breaks down everything from emergency funds and the 50/30/20 budget rule to the investing risks women are leaving on the table, translating complicated financial systems into language that actually makes you want to act.

Kimberly Palmer’s LinkedIn: https://www.linkedin.com/in/kimberlyspalmer/

Explore NerdWallet: https://www.nerdwallet.com/ Explore Kimberly’s website: https://www.kimberly-palmer.com/

About Jennifer Justice and The Justice Dept.

JJ’s LinkedIn: https://www.linkedin.com/in/jennifer-justice-354a0b99

The Justice Dept: https://www.thejusticedept.com/

JJ’s Instagram: https://www.instagram.com/jenniferjusticel/

Newsletter: https://tkolb-newsletter-a50814.beehiiv.com/

The Justice Dept. is a female-focused advisory, consulting, and law firm advocating for female founders, talent, execs, and brands. We represent bo$$ ladies to make them 💰💰.

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This is a Lady Business LLC Production.