How Your Money Can Make a Difference with Felecia Froe

Can money be invested to make a difference? Can we work to close the gender-wealth gap through investing? 

Our guest in this episode, Felecia Froe MD, tells us from experience that there are a lot of ways to make a difference with money. Founder of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing, Felecia tells us about some of the projects she’s invested in. She also tells us about her own journey: from MD to impact investor. 

If you are looking for ways on how to bridge the wealth gap and how to invest while helping the community at the same time, this episode is for you! 

Enjoy listening! 

What we learned from Felecia Froe in this episode:

• What does “true wealth” mean to Felecia?
• Money With Mission — an investment company that provides opportunity to take control of your finances by building wealth that outlives you. 
• What is Tulsa’s Project Oasis grocery store? (... a look at its noble purpose in the community.)
• Why is there a financial-gap between men and women? (... let’s hear Felecia’s thoughts and her solution on how we can bridge the gap.) 
• When it comes to the true wealth factor, are there significant differences in wealth between men and women? (... let’s hear what Felecia has to say.)
• Battle of confidence: what’s the difference between men and women’s confidence? 
• What can men do to help women bridge the wealth gap?

Success Quotes:

“Women are better or have more experience in building community and that collaboration, or at least cooperation kind of community work.” -Felecia Froe

“Mistakes are the way you learn.” -Felecia Froe

“Questions are the way to learn anything, if you have no idea where to start.” -Felecia Froe

“Working together to build the things that we need in this world to make it the place that it should be.” -Felecia Froe

Timestamp:

00:00 - Intro

00:59 - Felecia shares a little of her career journey.

02:34 - What does “true wealth” mean to Felecia? 

06:47 - Money With Mission — Felecia talks about the birth of her noble investment company. 

09:30 - How does Money With Mission operate and help people? 

13:52 - Grocery store in the desert — Felecia talks about their latest project “FreshRX food as medicine program”. 

17:50 -  Felecia shares her experience of being an MD while in the investment space and being a woman of color.

22:08 - Felecia talks about her chapter in the book “Ignite the Hunger in You: How to Develop Your Greatness and Ignite Humanity”. 

23:32 - How can we manage the imbalance in equity-gap? Felecia shares an interesting advice to women to help them build more financial abundance and true wealth.

27:47 - Financial gap — Felecia provides her insights about the imbalance of this among men and women. 

30:39 - Is there a wealth disparity in terms of the true wealth factor?

32:29 - Felecia offers her thoughts about men and women confidence.

34:48 - How should men help women to bridge the gap in financial wealth? 

36:44 - Felecia shares her final thoughts about women and health, and ways to connect with her. 

Resource(s):

Ignite the Hunger in You: How to Develop Your Greatness and Ignite Humanity: https://www.amazon.com/Ignite-Hunger-You-Greatness-Humanity/dp/1792341768 

Connect with Felecia Froe:

Website: https://moneywithmission.com/

LinkedIn: https://www.linkedin.com/in/moneywithmission/ 

Connect with us:

Jonathan DeYoe - Money Philosopher LinkedIn: https://www.linkedin.com/in/jonathandeyoe/

Terrie Schauer, PhD - Author of Mindful Landlord LinkedIn: https://www.linkedin.com/in/terrieschauer/