Unleashing the Financial Badass in You: Chats with Sarah Kelsey, from the OneUp Project
BY ROXY ALLNUTT
Sweat less about your savings.
18 JUN - 2023
It's no shocker that money is one of the major stress inducers for Gen Z and Millennials.
Today, we've got a special treat for you—an exclusive interview with the incredible Sarah Kelsey, the finance podcaster who tells it like it is. We had a chance to chat about the real challenges women face regarding money and, more importantly, how to kick those challenges to the curb and take control of our financial lives. Sarah's no stranger to the struggles of managing money. She's been there, done that, and decided to share her own journey through her kickass podcast, the OneUp Project. But she didn't stop at her own experiences. Sarah has soaked up stories and insights from everyone around her, all — the highs, lows, and everything in between.
So, let's cut to the chase. What are the key obstacles women commonly encounter in the world of finance?
“Representation is a biggie, especially for minorities. The pay gap between genders is significant, but when you add ethnicity into the mix, it becomes even more glaring. Sarah believes in the power of seeing role models who genuinely want to make a difference.
But here's the good news—financial empowerment is within reach for all of us. Sarah breaks it down into three practical steps. First, know why financial literacy matters and set your goals. Second, invest in yourself and your future. Finally, keep a close eye on your money and understand where it's going. Simple, right?
In this digital age, we have an abundance of resources at our fingertips. Sarah recommends engaging with podcasts (including her own, of course), as well as checking out awesome platforms like Girls That Invest, Beyond the Curve, and Maori Millionaire. Find the voices that resonate with you and join the community!”
Could you share a bit about your own personal experience with managing money and how it has shaped your understanding of financial literacy?
“I suppose my biggest advantage has been having this podcast which I started to open up discussions around money based on my own personal struggles. So my main introduction to managing money comes through the experiences of those around me. Which luckily didn’t just involve my inner circle and family, I was able to see a wide variety of situations and resources available to help and make a more informed decision about finances for myself. I want everyone to have that same experience.”
"There’s a huge pay gap between men and women but an even bigger ethnic gap."
We often hear about the unique challenges women face when it comes to finances. In your opinion, what are some key obstacles women commonly encounter, and why do you think these challenges exist?
“The most obvious in my mind is representation, especially for minorities. There’s a huge pay gap between men and women but an even bigger ethnic gap. I really do believe in the power of “seeing to believe” either in yourself or in companies to authentically want to help people. I think it’s just the natural evolution of people being marginalised who now are fighting for change and I hope it only improves as time goes on.”
Sarah Kelsey
It’s no secret that finances is crucial for everyone, regardless of gender. What are some practical steps or strategies you recommend for women who want to enhance their financial knowledge and take control of their financial futures?
“I always say opening up that kōrero or sharing the journey is a great place to start. But beyond that I keep things simple 1. Know why this is important and what your goals are 2. Prioritise investing (both in yourself and your financial future) 3 know where your money is going - expense track, understand what is happening with those $’s. I understand in a cost of living crisis budgeting isn’t always the answer but at least making sure you’re aware of where every $ is going, the moment you can make a change, you have the know how to do it.”
We live in a digital age with a wide range of resources available at our fingertips. Can you suggest any online platforms, apps, or tools that can help women improve their knowledge in an engaging and accessible way
“Of course I’m biased and would say podcasts but there are many excellent female led ventures these days. E.g Girls that invest, beyond the curve and Maori millionaire are three incredible NZ brands each with courses I know a lot of work and thought would go into. When you start engaging in the community itself, you will find the relatable voices that suit your experience and stage of life!”
Money can often be a sensitive topic, and discussing it openly can sometimes feel uncomfortable. How can we encourage more open conversations about finances, particularly among women, and create a supportive environment for learning and sharing experiences?
“Super good question. I think continue to engage in the community with women who are already open about finances so you can jump straight in rather than convincing anyone. But use “fishing” questions with closer friends/family e.g “do you invest/ are you interested in investing?” If they aren’t keen to go any further then try the next person and so on. But every time you hear the conversation brought up, do your best to support the person asking the question! As we all know, it isn’t easy.”
Sarah Kelsey's insights and recommendations serve as a beacon of hope and empowerment for women in their quest to navigate the world of finance, break barriers, and take control of their financial lives. By embracing open conversations, leveraging available resources, and supporting one another, women can pave the way to a more inclusive and prosperous financial future.
RELATED STORIES
GIVEAWAY
SUBSCRIBE
Subscribe to Chatty Chum's mailing list to receive the latest in beauty and lifestyle news, giveaways and the launch of our Editor's Collection boxes.