I may not be exactly the audience the Wall Street Journal’s money advice for those starting their careers is targeting but, nonetheless, I was interested in what they had to say. Five successful business individuals wrote short pieces sharing their wisdom. I recognized names like former Secretary of the Treasury Hank Paulson and I had heard of the companies that these professionals lead like Land o’Lakes or a subset of Merrill Lynch. There was only one exception – Whitney Wolfe Herd, founder and CEO of Bumble.
Ms. Herd stood out on a few fronts. Not only did I have no idea who she was or what her company did but looking at the drawings of the featured three women and two men suggested that she was the youngest of the group. Most importantly, her advice was of an entirely different type than everyone else’s.
If, like me, you aren’t familiar with Bumble, it is a dating app. Its unique property is that it gives women sole control of the first point of contact. What interested me, however, wasn’t the company but its thirty-year-old founder and CEO’s advice. You could file all the other respondents’ advice under the category of financial literacy. They included concepts like understanding debt, valuing savings and measuring job opportunities by looking at growth potential and skill acquisition as well as salary.