Money expert Dani Parthum asserts that women can enjoy managing finances.

Overview of "The Boss: Power is Female" Podcast - Money expert Dani Parthum asserts that women can enjoy managing finances.

In the "The Boss" podcast episode focused on "Women and Finances," renowned financial guru Dani Parthum discusses essential money-related topics with editor Laura Csapo at stern. Dani, who's a trained journalist, economist, and financial coach under the alias "Geldfrau" since 2017, shares invaluable advice for women to achieve financial independence.

Dani proclaims that handling your money casually for decades is a "mistake." With her brand "Geldfrau," she advises women on taking their finances seriously. She offers practical suggestions for beginning the journey towards understanding your money. This includes scrutinizing which insurance coverage is crucial and unnecessary, as well as considering if a shared account with a partner aligns with your goals. Dani believes that "money is a negotiable subject."

Retirement savings: "I want to enjoy my golden years"

The podcast touches upon the widening pension gap and the required amount of money needed for a comfortable retirement. Unfortunately, many will experience financial difficulties during their later years. In addition, Dani emphasizes that small contributions will not result in significant wealth accumulation. She shares the amount of money that should be saved monthly based on your age, resulting in a startling realization for many listeners. For her, retirement savings are top priority, as she states, "I desire to live a comfortable life in my golden years."

At the "The Boss - Women in Power," distinguished women engage in heartfelt conversations, hosted by Simone Menne, a board member at BMW, Deutsche Post DHL, and Henkel, along with female executives from various industries. "The Boss" episodes air every two weeks on Wednesdays on stern.de, on stern's YouTube channel, on RTL+, and across other popular podcast platforms.

*Note from the editorial team: stern is a subsidiary of RTL Deutschland.

Read also:

1. Dani Parthum, known as "Geldfrau," advocates for women to prioritize financial independence, learnt from her experience as a financial coach.
2. The podcast episode "Women and Finances" on "The Boss" delves into the pension gap issue, highlighting the need for substantial retirement provision to avoid financial struggles in later life.
3. In the ongoing series "The Boss - Women in Power," Simone Menne engages in discussions about empowerment with influential women from various industries, including Germany's BMW, Deutsche Post DHL, and Henkel boards.
4. Despite Germany being financially prosperous, a considerable pension gap persists, emphasizing the necessity for women to seek professional coaching, like Dani Parthum, for personalized and effective retirement provision strategies.

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