Bootstrapping #Fail: Why the American “Solution” to Systemic Problems Keeps Falling Short | Money With Katie Podcast

This week’s episode holds two complex truths simultaneously: That sometimes, the answer is working harder, and other times, the answer is policy, interdependence, and community. Sure, individual responsibility is important—but when we try to solve complex, collective problems with individual exceptionalism, we create a recipe wherein quality of life for all but a select few worsens over time. 
Our individual wealth accumulation and experience of personal finance do not exist in a vacuum—they exist within the context of the economic policy decisions and cultural norms of our time. 
You can work on your metaphoric swimming and freestyle upstream for as long as you’ve got the energy to do so, but the strength of the current is outside of your control. Usually, we talk about your swimming. Today, we’re talking about the current.
Plus, this episode features an interview with Rebecca Walker, activist and author of Women Talk Money (link Get ready!
To learn more about our sponsor, Vin Social, check out link
Episode transcripts can be found at link
—
Mentioned in the Episode

ChooseFI: link

Beyond the #Girlboss and Fixing the Motherhood Penalty: link

40% of Americans have not traveled outside the US: link

Trick Mirror by Jia Tolentino: link

Organization for Economic Cooperation and Development study: link

Pew Research Center on paid family leave: link

Trey Lockerbie's tweet: link

US households with children ages 3-5 in 2021: link

Joy Borkholder's Crosscut feature: link

The Way We Never Were by Stephanie Coontz: link

Rational Reminder: link

WSJ feature on the wage gap: link

The Whiteness of Wealth by Dorothy A. Brown: link

Rebecca Walker's feature in Oprah Daily: link

—
Follow Along
- Listen to Money with Katie here: link
- Read Money with Katie: link

Follow Money with Katie!
- Instagram: link
- Twitter: link
- TikTok: link
 
Subscribe to Morning Brew
- Sign up for free today: link

Follow The Brew!
- Instagram: link
- Twitter: link
- TikTok: link
Learn more about your ad choices. Visit megaphone.fm/adchoices