475: Simran (Friends That Invest): The Investment Mistake 70% of Women Make (Do This Instead)
EPISODE SUMMARY
*Note: At the time of this recording, Simran’s business was called Girls That Invest - it has since been renamed to Friends That Invest.
What if your money could give you freedom - not just someday, but starting now?
In this episode, Natalie sits down with Simran Kaur, founder of Friends That Invest, to talk about building real financial security in an uncertain economy.
They cover how to recession-proof your income, avoid common money traps, and start investing with confidence, even if you’re starting from zero. Simran shares the simple system behind her early retirement plan, why passive income is often misunderstood, and how to create your own trust fund so your money works for you.
If you’ve been avoiding your finances or feeling unsure where to start, this episode will help you take your power back.
TIMESTAMPS
00:00 - Simran shares her journey from optometrist to founder of a global investing platform
02:00 - Why she chose a simple business model with one paid offer, and how it changed everything
04:10 - The truth about shiny object syndrome and how to stay focused on what works
06:20 - A real conversation about what’s happening in the economy right now + how to protect yourself
08:30 The two ways to handle your finances during a recession: proactive vs. reactive
11:15 - How to calculate your personal “burn rate” and set up a 6-month emergency fund
13:50 - Avoiding lifestyle creep + how to grow your income without overspending
15:25 - Why the wealthiest people invest more during recessions, and how you can too
18:10 - Simran’s personal plan to retire early and how she’s creating her own trust fund
21:00 - Passive income vs. real passive investing: what actually counts
23:30 - The 4% drawdown rule explained, and why it’s the key to financial independence
25:00 - The mistake 70% of women are making with their money (and how to fix it)
29:50 The easiest way to start investing + Simran’s advice for beginners
RESOURCES + LINKS
Want to start investing or join the next masterclass? Head to https://friendsthatinvest.com/ to sign up for the newsletter, explore resources, and learn more.
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