In this episode of the Climb Podcast, I had the pleasure of welcoming Nadia Vanderhall, a multi-hyphenate financial planner and educator with over a decade of experience in the financial services industry. As the founder of the Brands and Bands Strategy Group, Nadia has made significant strides in promoting financial literacy, particularly among women of color. Her impressive background includes collaborations with major companies like Facebook, Google, and the National Urban League, and her insights have been featured in prominent media outlets such as Bloomberg and the Washington Post. We kicked off our conversation by diving into the critical topic of wealth gaps, particularly focusing on the disparities faced by women of color. I shared some staggering statistics about median wealth among different racial groups, highlighting the challenges that Black and Hispanic families face compared to their white counterparts. Nadia emphasized the importance of understanding not just the wealth gap but also the concept of intergenerational wealth, which encompasses the financial responsibilities that extend beyond immediate family to include extended relatives and community members. As we transitioned into the segment "Somebody Should Have Told Me," we discussed the lessons that many of us wish we had learned earlier in our financial journeys. Nadia shared her own experiences, reflecting on the importance of budgeting and the need for an emergency fund. She pointed out that many people, especially those from marginalized communities, often lack the financial education necessary to navigate their new income levels effectively. We also touched on the significance of understanding how to manage money as one's financial situation evolves. In our "Truth Is" segment, we tackled common misconceptions about money management. Nadia highlighted the necessity of having an emergency fund, especially in today's volatile economy, where layoffs and unexpected expenses can arise at any moment. She stressed that understanding one's financial habits and the true cost of living is crucial for effective budgeting and saving. Finally, in the "Another Rung Climbed" segment, Nadia shared three key takeaways for our listeners. She encouraged everyone to recognize their current financial season and to be flexible in their financial planning. She also emphasized the importance of accountability in managing finances and understanding one's personal money story, which can significantly influence financial behavior. This episode is packed with valuable insights and practical advice for women of color looking to navigate their financial journeys and climb the ladder of success. Nadia's expertise and relatable anecdotes make this conversation not only informative but also empowering. I encourage you to listen closely and take notes, as there are many gems to be found in our discussion. Don't forget to check out Nadia's work at the Brands and Bands Strategy Group (The Brands And Bands — The Brands + Bands The Brands And Brands Strategy Group - Financial Planning + Education) and subscribe to her newsletter for ongoing financial education and tips. Keep climbing and building your wealth!