As the gender pay gap continues to close there is still some hesitation in women when it comes to being confident in their personal finances. Hilary Hendershott, President & Chief Advisor of Hilary Hendershott Financial joins Your Cheddar to discuss how to get your feet wet in investing.
But first, why are women so intimidated by personal finance? Hendershott says it's because money comes with an emotional attachment. Many women don't feel comfortable talking to their friends about their wealth, but men talk about money all the time! She encourages women to be more open about their finances.
Plus, how to build your wealth as a woman. Hendershott says you should shed old ideas about the social norms that come with money. She also says the three big things you should be saving for are: a car, a house, and financial freedom.
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Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
