Introducing Penny League, investing made social for womenhttps://forms.gle/B7Hkh79BTvZ6Fdg89
Hello Elphas! My co-founder @BeckySP and I are excited to present to you Penny League! Last summer, I realized that as a 30 year old woman, I knew very little about my money and what it was doing in my various accounts. I had defaulted to letting my partner manage everything (including selling my Twilio stock...), and the idea of resetting my 401K password was sending me into a shame spiral (“f*ck I have no idea how much money is in there… how much do I even have for retirement…”). Was I alone in this? I didn’t even know since I never spoke about money or investing with any of my friends.It’s weird because we know SO much about our friends - when their periods are due, what they ate for breakfast, the argument they just had with their partner... but most women we spoke to had NO IDEA what their friends did with their money. For men, these conversations are as casual as a chat in the line at Starbucks - and low and behold, their money grows. Many of us are taught to save and budget, but saving and budgeting only do so much. Until we, as women, start talking about money and investing, we’ll never grow our wealth the way we need it to -- to live out our dreams, take big risks, or finally quit that job and start our startup. If you resonate in any way and are interested to hear more from us then we’d love you to sign-up to our waitlist www.pennyleague.com and follow us on Instagram https://www.instagram.com/thepennyleague/. We'll be sending cut-the-crap content and pairing women up with others to talk money in a safe and welcoming space. Our first product aims to break the taboo women face in talking about money. We built a Google form (link above) where you can anonymously share what you do with your money. In return, we’ll show you the profiles of other women sharing what they know, what they confess to not knowing, how they invest (or don’t!) and what they’d spend $100k on. We promise you this will be fun, insightful, and informative. We know there can be a nervous energy in doing something like this but getting through that feeling is the first step in financial empowerment. We hope you’ll join!
CONGRATS @reena !
This all resonates. I started my career in education so I was contributing to a pension. I left after 8 years and was like where & how will I find that money? What is rolling something? How much do I even have? It didn't help that my salary in the school district meant I was living month-to-month, so I was very behind on savings. Anyhoo, long story short, I would have loved a community to lean on and I am so happy you're building it!
@reena Congratulations on your launch! This looks awesome and definitely resonates. Wishing you success!