In this TGIF (Two Girls Investing Friday) episode, Jess & Colleen catch up on Jess’s music studio recording process. They then explain private equity by contrasting private vs. public companies, using examples like Dragon’s Den and startup investors, and describe how everyday investors can access private equity indirectly by buying publicly traded private equity firms or ETFs that hold them, noting higher potential returns but higher risk and suggesting it as a small, advanced allocation. They answer a question about investing as a single mom by emphasizing a strong foundation including an emergency fund and paying off high-interest debt, and discuss budgeting and portfolio planning using percentages, plus using credit score tracking as a way to gamify debt payoff and motivation.

00:00 Welcome to TGIF

00:34 Studio Recording Recap ...