Jean Chatzky: How to Unlock Wealth and Maximize Your Earnings | Finance | YAPClassic

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Who is Jean Chatzky and what is her background in finance and journalism?

Hala Taha 1:53
I'm so excited for this conversation. I think it's going to be so insightful for my audience. I really love your work. You didn't really start off in finance, which I thought was interesting. And I'd love to get some backstory from you in terms of your journalism background. You were an English major. How did you end up first getting interested in finances?

How did Jean transition from journalism to becoming a financial expert and entrepreneur?

Jean Chatzky 2:14
I got interested, quite honestly, because my own financial life was a bit of a mess. And simultaneously, the journalism job that I got was business adjacent. I started my career as an editorial assistant at a magazine that no longer exists called Working Woman. And got to report some stories on things like business and careers and management trends and investing. And I was interested enough in them to try to get a job in personal finance, business journalism when I left that job, which turned out to be really, really difficult. Because all the big business magazines on the planet, I applied to all of them, thought Working Woman was a joke. And finally, I got a little bit of advice that what I needed was an MBA.
Jean Chatzky 3:17
But I didn't have really any interest in going back to school at that point. So instead, I got a job on Wall Street. I worked in equity research for a couple of years. I learned investing inside and out. And when I came back out, I was able to reenter journalism, join Forbes, from there to Smart Money. And from there, I ended up on the Today Show for 25 years.
Hala Taha 3:40
Amazing. So when I looked at your career journey, it reminded me a lot of my own in terms that you skill stacked to become an entrepreneur. So I call this skill stack entrepreneurship, where basically, you worked for other people, and you gained all these skills over the years, and then you became an entrepreneur, basically putting these skills together.

What is skill stacking and how did it help Jean build her entrepreneurial journey?

Hala Taha 4:01
And then you came out with her money and nobody could do her money better than you because you had all the experiences to put together this unique offering, to put together this awesome website, this awesome podcast. And you had all the background and the skills, the writing, the journalism, the broadcasting, the knowledge of that actual topic. It's a lot like what I did with Yap Media and my podcast network and my social agency. So I'd love for you to just talk to us about that for all these young people listening. Talk about the skills that you acquired over the years and then how you sort of use that in your entrepreneurship journey.
Jean Chatzky 4:35
I was one of the original side giggers, right? I think I had a side hustle before it was called a side hustle. Pretty much always because journalists make very little money, or at least when you're starting out as a journalist, you make very little money. So originally my side hustle was teaching SATs. But as I started to become a stronger writer and a stronger content creator, I was able to

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