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Sharon Lechter: how money works for women and why financial education is key
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Sharon Lechter: how money works for women and why financial education is key

Welcome to our #233 weekly newsletter.

“For women taking control of their financial future”

-Jana Hlistova


From The Purse


In this week’s newsletter, we profile the legendary Sharon Lechter who we interviewed on The Purse Podcast.

Sharon is responsible for building the world’s largest personal finance brand.

Few may know that she is the co-author of Rich Dad Poor Dad (with Robert Kiyosaki), and she ran the organisation for 10 years.

She is a force of nature…at 70 years of age: she is not done yet.

We talk about her journey, women and money, financial education for kids, investing in crypto and much more.

You can listen to the full interview here.

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And you can review the news in brief so you stay on top of global financial, economic and investing trends.

I hope you enjoy this week’s newsletter.

Until next week,

Jana


Sharon Lechter: how money works for women and why financial education is key


Sharon Lecher built the world's largest personal finance brand, Rich Dad Poor Dad.

Sharon co-authored Rich Dad Poor Dad, which has sold over 40m copies since it was published in 1997 (globally).

She ran the organisation for 10 years: 15 books, 110 countries in 51 languages... In her own words: ‘money was flowing, and we were making millions of dollars a month…”

But she had to leave the organisation as she no longer aligned with her business partner, Robert Kiyosaki.

Sharon’s most challenging “money lesson” was actually about life: her happiness and personal growth was more important than her bank account.

And this is why she believes that it is “…really important for women to stand in their own power and not allow yourself to be in a situation that is not supportive and not conducive to growth.”

After she left the organisation, Sharon was asked to reinvigorate one of the world's biggest personal development brands, Think and Grow Rich, by the Napoleon Hill Foundation.

Her best-selling books with the Foundation include Three Feet from Gold, Outwitting the Devil, Think and Grow Rich for Women and Success and Something Greater.

Sharon also got a call from President Bush.

And she was invited to join the Presidential Advisory Council for both President Bush and President Obama to advise on financial literacy.

This led to passing the Credit Card Act in 2009, which includes a clause that prevents credit card companies from soliciting kids on university campuses.

Her own ‘definiteness of purpose’ came after her eldest son returned from his first term at university with credit card bills.

It was then that Sharon decided to dedicate the rest of her career to providing financial literacy for kids.

She’s as passionate about it today as she was in 1992.

And as Sharon often says: she is not done yet…

Listen to the full interview with Sharon Lechter.

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News in Brief


Financial news

Crypto: bitcoin, ethereum, DeFi & NFTs


The Purse Podcast


We cover the following in this conversation:

  • The importance of financial education

  • Women's relationship with money

  • What are the three biggest financial challenges for women?

  • What is the money mindset?

  • How money works for women

  • Building financial resilience

  • Creating multiple streams of income

  • Investing in crypto and digital assets

  • More+

Please enjoy! Listen on Apple Podcasts and Spotify+


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We’d love to hear from you. Get in touch with Jana via the The Purse website or tweet @jointhepurse and janicka. We do no provide investment advice. Please do your own research or speak to a financial adviser.

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