Many women relate to their Bumble account similar to how they relate to their bank account, or so it seems. They don’t want to look at it and are even afraid of logging into it. It touches on core wounds around worthiness and value; they’d rather do something else. In the same vein, lots of people have misunderstandings when it comes to investing. They think it’s only for rich people or really risky. But it doesn’t have to be. My caller today, Laura, wants to know how to start investing her money. And while she’s based in Europe, anyone in the world can benefit from our conversation because a lot about your relationship with money doesn’t change regardless of where you live. In addition, you'll discover some similarities between how investing works in the U.S. and other countries. So in this episode of the Love Life Connection podcast, you’ll learn where to start investing, the difference between retirement accounts and investment funds you can choose, and how to start building your own portfolio. I’ll teach you how to prepare for retirement (and where you can get free money) and use concrete examples to see how investing can work over time. 13:27 - Laura’s beliefs around investing and the type of investments I do and don’t recommend 16:57 - The difference between a pension and a retirement account 19:05 - Why employee retirement benefits are the best deal for most people 21:33 - The difference between a ROTH and a SIPP account 24:50 - What to look for in terms of financial limits on your accounts 27:19 - Why you should ditch the stock shopping idea and go for an index fund instead 30:34 - How index funds are different from (and better than) mutual funds and how to choose one 34:11 - Should you build your own portfolio or let someone else do it? 36:45 - How to access index funds and the disadvantage of setting up a 401(k) at work 40:16 - Quickly recapping the call with Laura 41:13 - Why I buy individual stocks sometimes, even though I don’t typically recommend it 43:21 - My #1 recommended investment bank and the importance of low fees I hope you enjoyed this episode! Find me on Instagram or email me with your feedback. I look forward to hearing from you! After you listen to Run Your Money: How To Start Investing with Laura, here are your next steps: Listen to episode 350. Sign up for the Run Your Money workshop. Open up an account with Vanguard. If you are interested in being coached on the Love Live Connection, sign up for my wait list ​here​. Finally, If you get value from the Love Life Connection, please rate & review it on Apple Podcasts. It only takes a sec to impact our ranking + it’ll help other women find our community!