You’ve probably heard about the gender pay gap. But women aren’t just dealing with the effects of getting paid less. Women also face what’s known as the ambition penalty. Research shows that ambitious women face financial and relationship consequences when they ask for more.

Let’s talk about it.

I’m Stacy Johnson. As usual, my co-host will be financial journalist Miranda Marquit. Listening in and sometimes contributing is producer and novice investor Aaron Freeman. Today’s special guest is Stefanie O’Connell Rodriguez, founder of the Too Ambitious newsletter, addressing gender, money, and power.

We dig into some of the realities that contribute to the gender pay gap.
Harvard Business Review: Women Ask for Raises as Often as Men, But Are Less Likely to Get Them.
Stop Punishing Women for Being Ambitious: Our guest Stefanie wrote an op-ed about this subject.
Research on the impact of Covid from Deloitte: COVID-19 and gender equality.
Check out our Money Talks Article on how lower wages for women result in lower retirement savings.
It's not all bad when it comes to money. There are some places where women out-earn their husbands.
Unfortunately, it's not just about money. It can be hard for women to maintain their relationships when they make more money.
Miranda reflects on the issue of making more during the time she was married.

You&rsquo;ve probably heard about the gender pay gap. But women aren&rsquo;t just dealing with the effects of getting paid less. Women also face what&rsquo;s known as the ambition penalty. Research shows that ambitious women face financial and relationship consequences when they ask for more.
Let&rsquo;s talk about it.
I&rsquo;m Stacy Johnson. As usual, my co-host will be financial journalist <a href="https://www.moneytalksnews.com/author/mirandamarquit/">Miranda Marquit</a>. Listening in and sometimes contributing is producer and novice investor <a href="https://www.moneytalksnews.com/author/aaronfreeman/">Aaron Freeman</a>. Today&rsquo;s special guest is <a href="https://stefanieoconnell.com/">Stefanie O&rsquo;Connell Rodriguez</a>, founder of the <a href="https://ambition.bulletin.com/">Too Ambitious</a> newsletter, addressing gender, money, and power.
We dig into some of the realities that contribute to the gender pay gap.
<ul>
<li>Harvard Business Review: <a href="https://hbr.org/2018/06/research-women-ask-for-raises-as-often-as-men-but-are-less-likely-to-get-them">Women Ask for Raises as Often as Men, But Are Less Likely to Get Them.</a></li>
<li><a href="https://www.bloomberg.com/opinion/articles/2021-05-24/gender-equality-how-the-ambition-penalty-keeps-women-from-building-wealth">Stop Punishing Women for Being Ambitious: </a>Our guest Stefanie wrote an op-ed about this subject.</li>
<li>Research on the impact of Covid from Deloitte:<a href="https://www2.deloitte.com/us/en/insights/economy/impact-of-covid-on-women.html"> COVID-19 and gender equality.</a></li>
<li>Check out our Money Talks Article on how <a href="https://www.moneytalksnews.com/lower-wages-for-women-add-up-to-lost-retirement-savings/">lower wages for women result in lower retirement savings.</a></li>
<li>It's not all bad when it comes to money. There are some <a href="https://www.moneytalksnews.com/slideshows/15-cities-where-women-outearn-their-husbands/">places where women out-earn their husbands.</a></li>
<li>Unfortunately, it's not just about money. It can be <a href="https://www.npr.org/2015/02/08/384695833/what-happens-when-wives-earn-more-than-husbands">hard for women to maintain their relationships when they make more money</a>.</li>
<li>Miranda <a href="https://mirandamarquit.com/when-women-earn-more-can-this-destroy-your-marriage/">reflects on the issue of making more during the time she was married</a>.</li>
</ul>

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Money Talks News: The Podcast

Women and Money: Is the “Ambition Penalty” Costing You?

https://api.omny.fm/orgs/67ee9ddc-11a3-4cec-841d-ac9a015d5b41/clips/9594d122-f7bc-46cc-9945-ae84015a8113/transcript

Transcript