66. Untangling the gender wealth gap with Kristine Beese

While there has been rising awareness of the gender wage gap over the past few years, another important gender issue - the wealth gap between men and women – often goes unacknowledged.

In 2020, for every 1 dollar men had in Net Wealth, women had only 32 cents.

Financial plans are an option, but they are expensive and out of reach for many women. More importantly, most plans are created without taking the life trajectory of women into account. That is where Untangle Money comes in! Led by Kristine Beese, Untangle Money creates financial plans for women and helps them figure out how to optimize their finances in line with their life goals and personal plans. Untangle Money is a tool that Beese hopes to get into the hands of a million Canadian women in the next four years.

In this conversation, Beese talks about how the magnitude of the gender wealth gap became real for her, the company's unique women-centric approach, and the struggles and joys of building a venture that isn’t all about the money.

The Entrepreneur Podcast is sponsored by Connie Clerici, QS ’08, and Closing the Gap Healthcare Group, Inc.