Financial Feminist – 113. Supporting Families through Building Ethical Products with Shazi Visram

Intro

In this episode of the Financial Feminist podcast, host Tori Dunlap interviews Shazi Visram, an entrepreneur committed to bettering the world through socially, financially, and environmentally enlightened business. They discuss the importance of investing in families, supporting small business owners, and creating sustainable products. Shazi shares her personal money memories and offers tips for setting kids up for financial success. Tune in to learn how investing in ethical companies can align with your personal values and bring a sense of fulfillment.

Main Takeaways

Investing in Families

• Investing in families is one of the best investments we can make.
• Lack of support for families is a societal issue with drastic repercussions.
• Supporting families leads to economic benefits for everyone.

Building Ethical Products

• Shazi emphasizes the importance of investing in sustainable companies with values that align with ours.
• Creating socially responsible products that support families holistically.
• Supporting small business owners who prioritize quality products and service.

Financial Success for Kids

• Tips for setting kids up for financial success.
• Small business owners can help their kids start investing sooner.
• Importance of privilege in accessing higher quality products for kids.

Entrepreneurship Journey

• Shazi shares her personal money memory of seeing a family excited about earning extra cash while on the road and enjoying a special dessert at a restaurant.
• Background growing up in a motel and being a black sheep influenced entrepreneurship journey.
• Being different can be awesome and lead to success.

Supporting Families and Maternal Health

• Investing in maternal and infant health has a high ROI socially and financially.
• Paternity leave is important for dads to connect with their new babies.
• Good maternal leave policy can reduce turnover and increase employee loyalty.

Investing in Ethical Companies

• Investing in ethical companies aligns with personal values and can bring a sense of fulfillment.
• Supporting B Corp companies is a way to use consumer power to shift towards more sustainable and socially responsible businesses.
• Robo-investing options like Wealthfront and Betterment make it easy for individuals to invest in the stock market with low fees and clear understanding of returns and risks.

Education and Financial Decisions

• Financial decisions change when you have children and it’s not just about you.
• Education is key to success and not everyone has access to it.
• We need to challenge ourselves and invest in our children’s education to set them up for success.

Healthybaby.com

• Healthybaby.com is a platform for health and connectedness for every new family, offering information and products for new parents and a chance to win $10,000 for a 529 college savings plan.
• Healthybaby.com is all about creating clean and healthy environments for families.

Summary

Investing in Families and Ethical Products

Investing in families is not only a compassionate choice but also a smart investment. Lack of support for families has far-reaching consequences for society. Shazi Visram, an entrepreneur committed to bettering the world, emphasizes the importance of investing in sustainable companies that align with our values. By creating socially responsible products that support families holistically, we can contribute to both economic and environmental benefits for everyone. Supporting small business owners who prioritize quality products and service is also crucial in this endeavor.

Financial Success for Kids and Entrepreneurship Journey

Setting kids up for financial success starts at a young age. Small business owners can play a role in helping their kids start investing sooner and teaching them valuable financial skills. Shazi shares her personal money memory of witnessing a family’s excitement about earning extra cash and enjoying a special dessert. Her background growing up in a motel and being a black sheep influenced her entrepreneurship journey, highlighting the power of embracing uniqueness and doing things your own way.

Supporting Families and Maternal Health

Investing in maternal and infant health has a high social and financial return on investment. Paternity leave is essential for fathers to connect with their new babies, and good maternal leave policies can reduce turnover and increase employee loyalty. Shazi emphasizes the importance of supporting families, not just moms but dads too, by providing resources and guidance for daily life decisions. Creating a clean and healthy environment for children, including access to quality products, is essential for their development.

Investing in Ethical Companies and Education

Investing in ethical companies that align with our personal values can bring a sense of fulfillment. Supporting B Corp companies, which prioritize social and environmental impact, is a way to use consumer power to shift towards a more sustainable and socially responsible business landscape. Robo-investing platforms like Wealthfront and Betterment make it easier for individuals to invest in the stock market with low fees and clear understanding of returns and risks. Education plays a crucial role in success, and it’s important to challenge ourselves to invest in our children’s education and create new stories for their future.

Healthybaby.com and Conclusion

Healthybaby.com is a platform that promotes health and connectedness for every new family. It offers information, products, and a chance to win $10,000 for a 529 college savings plan. By supporting Healthybaby.com and other initiatives that prioritize clean and healthy environments for families, we can contribute to the well-being of future generations. In conclusion, investing in families, ethical companies, and education is not only financially rewarding but also socially and environmentally impactful. By making conscious choices, we can create a better world for ourselves and our children.

Conclusion

Investing in families and supporting ethical companies are not only financially rewarding but also socially and environmentally impactful choices. Shazi Visram, an entrepreneur committed to bettering the world, shares insights on creating sustainable products and setting kids up for financial success. She emphasizes the importance of supporting small business owners and investing in maternal and infant health. By challenging ourselves to invest in education and embracing uniqueness, we can create a better future for ourselves and our children. Remember, every choice we make has the power to shape the world we live in.