Ralph Nader to Federal Reserve Chair Janet Yellen: “Get economics advice from your husband”

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  • #2492

    Cara, somehow I missed Nader’s comments to Yellen when thy happened. While I found the comments shocking, they are really not that surprising. Last week one of my friends was complaining that the man she hired to replace her floors kept emailing and deferring to her husband even though she was the one making the decisions, the one paying for the project, and her husband kept redirecting the contractor’s questions back to her. I once had a doctor share more about a medical condition I was dealing with with my husband than with me. When I confronted the doctor his reaction was one of surprise. He felt I didn’t need to be bothered with the details. Crazy!

    The good news is that slowly shifts are being made. I was in Starbucks last week grading papers and a man was meeting with his financial advisor at a table near to me. While I wasn’t listening to what they were talking about, snippets of their conversation floated my way. He was clearly looking for and taking financial advice from a woman. More and larger shifts are needed, but that meeting stood out to me.

    I really appreciate the community that SUM180 is building. We as women need to straightforward financial advice and we need to continue to have conversations about money and investments.

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