Posts

Financial Fluency Episode #26: What’s Hollywood Got To Do, Got To Do With It

Hello, and welcome to today’s episode of Financial Fluency. Today I want to talk about the Hollywood wage gap and why it matters to the rest of us.

You can listen in and read below and Tweet it out hereTweet: via@Jturrell What has Hollywood got to do with your wages? Check it out here: http://ctt.ec/ebUf0+

I recently posted something on my Facebook business page, an article about Gillian Anderson being offered half the salary of David Duchovny for the X Files reboot. This man got onto my site, I think it was that he was an X Files fan, and he really came down hard on me for saying that there was any kind of wage gap at all, much less a wage gap in Hollywood.

According to him

  • It’s all about star power
  • It’s all about box office
  • It’s all about making good decisions on which roles to take in which movies

and that when you really look at it, there is no wage gap in Hollywood or anywhere else.

I thought that was interesting, and I read all of his comments. I left them there for a while until he started swearing at me, and then I decided to delete and block him, but it got me thinking, let’s do some more research, let’s look at what the Hollywood wage gap does mean in Hollywood and for the rest of us.

How Does That Trickle Down into the Rest of the World?

I think of Hollywood as the closest thing the US has to royalty. We don’t have our own aristocracy, but the people in Hollywood, the movie stars, they kind of claim it. They’ve been encroached on a little in the last decade or so by the reality stars, which we think of as watching ourselves, but let’s be honest, most of that is scripted anyway.

The real stars, the big stars, the Hollywood stars, they’re kind of in their own realm in terms of our culture. We look to them for a lot of things, they have a lot of influence and when they speak, people print it and repeat it and Tweet it and put it all over the place.

When they go out, people chase them down and try to take pictures of their babies when they’re trying to hide them, it’s a little crazy how we feel about our Hollywood stars.

I kind of think of it as a bit of an extreme microcosm for the rest of the world.

Hollywood for Women

To start with, it’s really hard to get into for women. I’m sure it’s hard to get into for men too, but for women there are these really difficult standards of beauty to even get into a lot of auditions for any kind of part on any size of screen.

First of all, you usually have to be thin, young and beautiful, but not just thin, you have to be really thin, but also fit with big boobs and often a big butt too, you have to be shaped in a certain way that may require some surgery to achieve for the average person.

You also have to be young, but not just young, sometimes you have to be so young that you miss out on things like high school.

You don’t just have to be beautiful, you have to be the epitome of beauty and that often requires painful orthodontics and surgical procedures to take a normal pretty girl into the Hollywood beauty level.

Beyond that, unless you are Meryl Streep or Dame Judi Dench, most actresses have a very short shelf life and your career can stop really short. Some women do make it to the Driving Miss Daisy age and are able to continue having some significant roles, but a lot of women take significant ‘time out’. It’s really not the lean in or opt out situation now.

And Don’t Even Think of Having a Baby

For one thing, if women get pregnant in Hollywood – I want to do more research on this –I’m wondering how often a real, actual pregnant woman has ever appeared in a film. So often they just take a skinny girl and pop a prosthetic belly on her and call her pregnant in a movie. I kind of feel like Demi Moore in The Seventh Seal may have really been pregnant because they did have the scene that showed her in the bathtub, and it looked like she really was pregnant.

If so, I think that’s awesome because I feel like most women in Hollywood disappear when they’re pregnant. They show up in tabloids of course, because everyone want to see how much weight is she putting on, then as soon as she has the baby, everyone wants to see, ooh, what does her post-baby body look like? If she doesn’t get the weight off immediately, her career could be very adversely affected.

If you decide to actually take some time off to bond with your child, you might miss a career changing opportunity. Just because you were pregnant and had a baby at the wrong moment in your career. You may have just given up that Oscar winning part in a film with the best line you’d ever get to say in your entire life, so there’s a lot of risk to being a woman, and to ageing and to having babies.

I’ve never really heard of a man having to stop filming a movie in order to have a baby. I mean, I hope most husbands will at least go and visit their wife in the hospital, but if they’re on a tight filming schedule, who knows, they might miss it entirely?

Love Interest Only

Also let’s say you want to be an actress and you go to Hollywood. You go young, you’re fit, you’re thin, you’re beautiful and you’re all ready for it. Often you start out as just being eye candy, a love interest, maybe a sexy villainess, if you’re lucky, because that has a little bit more oomph to it, but there are very few actresses that ever get the chance to accept an Oscar worthy speaking role in a film.

The Bechdal Test – is this test that you can put films through to see if there are any speaking lines for a woman that don’t involve her being a love interest for a man.

There are several criteria here in order to pass the test, and I believe one of them is having a woman having a conversation with a man that is nothing to do with romance, and women doing things besides shopping. A lot of films don’t pass that test and are very male-focused, the female characters don’t get very many lines and they don’t get very good lines.

It’s not that easy to suddenly come out of nowhere and become a Jennifer Lawrence or a Patricia Arquette or a Reece Witherspoon or a Sandra Bullock. These women who have climbed these heights to where now, when they finally say

I’m being paid unfairly, we are all being paid unfairly, we have all always been paid unfairly.

They can make those demands now, they can command an audience, they can be heard, but that’s the very, very elite few out of Hollywood.

A lot of women can’t get there, a lot of women knew that before, Bette Davis knew that, tons of women knew that, that they were being treated unfairly and paid unfairly, but there wasn’t much they could do about it back then, they just didn’t have the clout in Hollywood to demand more, they didn’t have what it took to demand to be paid equally.

Basically if you’re a woman in Hollywood, it’s hard to become a female movie star and you have to deal with a lot of sexist crap to get there. While you’re trying to hone your craft, find a few decent female roles that exist, if you have a baby and you gain some weight, you may have lost that once in a lifetime opportunity, it may change the trajectory of your whole career.

If you make it through all of that crap and actually have a decent career where you maybe have won some awards, some accolades, maybe even an Oscar if you have box office draw, you can negotiate a decent salary, give or take a few million dollars.

Still even at that level, even when you are Jennifer Lawrence, who has more star power and more box office draw than some of her costars in American Hustle, even then for the elite of the elite, it is still the standard to be paid less than your male costars who have less star power than you do.

That’s the reality of what all of these things have shown us, the women coming forward and speaking out against unequal pay in Hollywood.

What’s a Few Million?

When I said Jennifer Lawrence got three million and her costar got six million, the troll on my Facebook page said, she got three million dollars, cry me a river, oh, boohoo, she’s a millionaire, who cares?

Yes, she has plenty of money, but that’s not the point. How many men get paid half of what their female costar gets paid? How many men have to stop and even think about that? How many men have to worry that a woman is being paid more than them?

So What? What Does It Mean For Us?

Wage Gap What that means for the rest of us, how that trickles down into reality for those of us at these much lower levels of fame and glory and riches, is that could mean working in some retail job, some factory, some Walmart somewhere here in America, there could be a white man making 30 thousand dollars a year for his job to support his family while the Hispanic woman next to him maybe makes 15 thousand dollars for working exactly the same job.

We see all these statistics saying that women make 70 cents on the dollar. That’s white women, white women to white men. White women make 70 cents on the dollar to white men. If you’re Hispanic, African American, if you are gay, transsexual, all of these things take you down a few ticks.

A Hispanic woman supporting two or three children, if she’s the primary breadwinner for her family and she’s making 15 thousand dollars while that white man next to her is making 30 thousand dollars to support his two or three kids, that puts her family in poverty and his family not in poverty, that’s the difference it can make.

So sure, the difference between three million and six million, what’s the big deal, it’s not like she’s starving.

  • The difference between 15 and 30 thousand dollars a year, that’s a really big deal.
  • That’s not being able to pay for gas to put in your car and feed your children.
  • That’s not being to pay for healthcare.
  • That’s needing welfare assistance to feed your children and put diapers on your baby.

It’s a big deal, and I think that it’s worth looking at. Tweet that

What I like about the Hollywood wage gap is that it’s bringing attention to something that the Hispanic woman making 15 thousand dollars isn’t going to feel safe standing up and complaining about. She’s not going to go and tell her boss that she wants to be paid the same as the guy next to her. She’s afraid she’ll lose her job. That’s the whole thing with the Lily Ledbetter case and so many cases where it comes up when women realize they’re being paid far less than a male coworker who’s doing basically the same job.

Women are afraid of losing their jobs, they’re afraid of not being able to feed their children. I’m not saying men aren’t too, all of this is a problem for everyone, but it’s the fact that it’s so across the board. Just thinking back to the troll on my Facebook page too, he was so angry at me for making this an issue about sexism. He felt that it absolutely wasn’t, he even made the comment that if all you people could just stop complaining and unite with us, then everything would be fine.

It was very much this idea that ‘you people’, and I thought of who he meant by ‘you people’, and to me he meant us women, us people who are not straight white men, basically, that we really shouldn’t complain because it makes things harder for him and it makes him uncomfortable. It makes him realize that there are problems, there are inequities, and the truth is, women have only been earning money for a short time, relative to how long men have been in charge of money, of earning, of supporting families.

A Bit of History

Women came into the workforce in mass after World War Two, and not to say women didn’t work before that, certainly they did, in agricultural societies, in all kinds of ways, women have always worked, but we did not get paid. We were unpaid labor, often basically slave labor, let’s be honest about it. The way women were bought and traded and the whole history that has gone on with women in the world economically as well as African Americans, as well as native Americans, as well as all different ethnicities, and people who basically are not the predominant controlling ruling class.

I’ve given a lot of thought to the arguments of my troll, and him thinking that Jennifer Lawrence should not complain that she only made half of what a costar made. I totally disagree.

If women in the spotlight, women who actually have the power to complain and to say, this isn’t right, and to have people listen and print it and talk about and argue about it, if they aren’t doing it, who will? Who’s going to come out and say, this isn’t right? Who’s going to say that the ERA needs to be passed? Thank god for Meryl Streep coming out and saying, it is time, we need to pass the ERA.

If you don’t know what the ERA is, it’s the Equal Rights Amendment that would actually give women true equal protection under the Constitution, because we don’t have it. All men are created equal, but women are not in there, still to this day.

*Pats Horse*

So I’ve got up on my feminist high horse a little today, I may have ruffled a few feathers, but I think this stuff’s important. It’s important for us to talk about how we got where we are, why women have a difficult time with money:

  • With their personal finances
  • With negotiating salaries
  • With making more
  • With wanting to make more
  • With the guilt and the shame around wanting more

It’s time for us to talk about these things, and to really think about them and look into it.

I hope you enjoyed this episode. It was a bit of a rant more than a guide or tips on anything, but I felt like it was important to talk about.

I think that what goes in Hollywood, in some ways it seems so far away from the rest of us in real life, but at the same time it is kind of a reflection, an extreme reflection, to be sure, but it’s a reflection of what our culture values. It’s what we pay for, it’s what we want to watch. Hollywood is really our tastes. Hollywood responds to box office money. If we pay to see something, then that’s what they give us more of. More on voting with your purse here.

If we want more women in strong roles, we need to go see films that have women in strong roles. We need to show them that those films can be successful. Women need to go to the movies more to influence Hollywood. I know that sounds like a crazy thing for me to be saying, women, get out, go to the movies, go watch films that have strong female characters that make a difference and that make sense to us and that touch us. The stories we tell each other, why is Hollywood so successful?

It’s telling us stories, it’s sharing our things. It’s such a deep human need for us to tell and to hear stories. We want to know about each other, we want connection. Movies give us connection in a way that we don’t always find in our own personal lives, and sure, it’s manufactured, sure, it’s tugging on the heartstrings, but it shows us what we value, and we pay for what we value.

Let’s not let men be the only ones who influence what Hollywood thinks America and the world wants to see in our movies.


If you enjoyed this episode you can subscribe to Financial Fluency here on iTunes and listen every week. If you like what you hear, please also leave an awesome iTunes review


Let’s Keep the Conversation Going

If you’re enjoying the podcasts and something has lit a fire for you, carry on the conversation over on the Financial Fluency Facebook Group.

See you there!

Jen x

Financial Fluency Episode #25: Creating Passive Income with Sylvie McCracken

I’ve known Sylvie McCracken for a little while and she was one of the first ever Periscopers I followed!

As an entrepreneur it can be hard to think that the buck stops with you. The effect on your income of a child being off school, or something like breaking a leg can be huge. Sylvie understands this and believes that passive income is something which ALL of us entrepreneurs should have as a kind of insurance.

We talked about outsourcing, health, what iTunes meant for passive income and more.

You can listen in below and Tweet it out hereTweet: I'm listening to @jturrell talk passive income - join me here: http://ctt.ec/H2Efw+

Favourite Quotes!

This has got to be a business. Aint nobody got time for hobbies right now – Sylvie on getting into blogging

It’s addictive – I want to outsource everything – Sylvie on outsourcing

Have them organize your child’s party with a pony! – Jen on the first steps into outsourcing

When the internet decides to break, it’s all hands on deck. So I have three coders. – Sylvie

Passive income seems like the golden goose – Jen

I think of passive income as like insurance for entrepreneurs – Sylvie

We were kind of luddites – Jen on finally getting her music on iTunes

Links:

Fancy Hands


Sylvie McCracken Sylvie McCracken helps passionate entrepreneurs create passive income with ebooks, so they can enjoy more freedom in business and life.

After a decade in the entertainment industry, Sylvie started her first business in the nutrition and health industry. After passing the 6 figure mark in 18 months with ebooks, she set out to teach other entrepreneurs how to do the same with a big focus onefficiency.

Sylvie’s past and current clients range from bloggers to medical professionals. Find her at SylvieMcCracken.com


If you enjoyed this episode you can subscribe to Financial Fluency here on iTunes and listen every week. If you like what you hear, please also leave an awesome iTunes review


Let’s Keep the Conversation Going

If you’re enjoying the podcasts and something has lit a fire for you, carry on the conversation over on the Financial Fluency Facebook Group.

See you there!

Jen x

Financial Fluency Episode #22: Dragon Wings and Unicorn Horns

Today I want to talk to you about the internet and our money, and I want to tell you a true story from my own life. It may sound a little extreme, but it could happen to any of us, and it’s a story of dragon wings and unicorn horns.

You can listen in or read below and Tweet it out hereTweet: Wanna know the effect of dragon wings and unicorn horns on your finances? Listen in here: http://ctt.ec/wb3fd+ via @jturrell

This Is What Started Me Thinking

My story starts with a new study that I read on statista.com that says that Americans are now averaging 11 plus hours a day hooked up to and actively using the internet. When we think about the fact that there are some people who have no internet access in the US, it’s kind of mind boggling how much time some of us spend on the internet.

What happens when we’re spending all of that time on the internet?

  • We surf
  • We Google
  • We search
  • We follow links
  • We Pinterest
  • We scroll
  • We go from one thing to another

and you know what we’re doing all of that time? We are giving internet marketers a ton of information about us.

They know what we like, what we don’t like, what we click on, what we click away from, when we leave sites, what makes us go to sites. They track all of this data, and it teaches them a whole lot about us.

My Story

My story is about two of the animals that we own. If you’ve been listening for very long you probably know that I have two kids with autism, and that we also run a ranch and a record label as well as me doing this. Between having the ranch and the fact that my husband as a child was not able to have any animals, and that my kids love animals, we kind of have a bit of a menagerie.

Because we have the ranch, when Talullah was diagnosed with autism in 2010, we looked into a lot of different kinds of therapies. Pretty much anything that claimed it could provide reasonably scientifically proven results in the positive direction for kids with autism we at least looked at. There was one point where I was looking into equine therapy, and I mean to say nothing against genuinely talented and trained and skilled equine therapists, it was just the person we found – we live in rural Arizona – probably wasn’t a therapist at all.

She had a fantastic course and her horse was awesome with Lu, but the woman was very strange, and when I left there, my takeaway was that the horse was great, the woman was weird and I don’t really want her working with my daughter.

Because we had a ranch, we kind of looked at the cost of equine therapy and driving a long distance to get this, and of statistical evidence of the effectiveness of equine therapy. In the end we decided that what we really wanted to do was find a bomb proof pony and buy it for her, as that would be a lot cheaper than going to some of these not totally reputable people who are claiming to be equine therapists.

Again, nothing against real equine therapists, this was just a very odd situation.

We eventually bought her an Amish pony named Cinnamon, who had a baby named Nutmeg, and she was fantastic, she’s a lovely little pony. So far, so straightforward.

Another animal in our house is a bearded dragon, which is a type of lizard.

My husband called me from the pet store shortly before my oldest daughter’s eighth birthday and told me that he wanted to get her a lizard and bring it home. I said, if you take care of it, sure, we can get it.

So he brought it home, and it wasn’t all that big to start with, but they live for 15 years and they can grow to be two and a half feet long, not counting the tail. So this is a pretty big commitment, to be honest.

Bearded Dragon

Our Miss Salty Salty Pascal

While I wasn’t a super fan to begin with, there’s something really zen about a lizard that will just sit on your shoulder and hang on your shirt, and you can walk around doing things during your day. I got to where I would sit and hang out with it for a little bit of each day and just get used to it. At first we called it Mr Salty Salty Pascal, but then after a few months I looked up on the internet how to determine the sex of a bearded dragon and we discovered it’s a Miss Salty Salty Pascal.

As she grew and got too big for the first terrarium and then the second terrarium – she’s now on her third – we realized that she wasn’t getting enough exercise now she’s so big. Pretty much her tail takes up a lot of the space in there, so as she turns around, she has this long train of a tail behind her.

And so we come to the part about what exactly we are telling the internet

This is where the story starts. I started looking online for leashes for lizards. Did you know such a thing existed? Because you can’t really put anything round a lizard’s neck I wanted a harness and a leash for our bearded dragon so we could take it out in the backyard with the dogs penned up, so it could run around in the grass.

I had this joyful image of the giant lizard frolicking in the backyard

In my mind we’d put the leash on so I could walk around with it, the kids could walk around with it, and it wouldn’t get hurt because it had this nice harness on.

bearded dragon harness

Salty, showing off her harness

I started Googling, I started clicking on links, I went from one thing to another, and I did finally purchase a very small, cute, modest harness with a leash attached. It’s mainly like a bit of rope and a little piece of leather with some leg holes cut in it.

However, because I did all this clicking and searching, for days afterwards I got a crazy amount of not just lizard stuff, but dragon stuff, dungeons and dragons stuff, how to train your dragon stuff. Then it seemed to hone in on the fact it was an actual living bearded dragon, and I started getting these amazing handmade translucent wings for your bearded dragon that attach onto a harness.

Bearded dragon wings

Copyright Wyrmcraft

The truth is, if I’d seen this before I bought the harness, I might have done it because I think my kids would love it so much. Every now and then it comes back somewhere in a feed of some kind and I click on it. It’s in Etsy, someone makes these, you can find there here. I have it saved because it was such a surprise.

I discovered a whole world of clothing and costumes for your bearded dragon.

So this is what the internet learned about me, that I own a bearded dragon and I’m willing to spend money on accessories.

And Then THIS Happened…

Copyright WishPony.com

Copyright WishPony.com

In the midst of this somewhere, I came across a handmade unicorn horn that you can attach onto a bridle for your horse, and like I said, we have a pony, super calm, easy going, a favorite at birthday parties, all the kids ride her, she’s super sweet. My kids would so love to have a unicorn that I had this moment of just picturing the next birthday party. What if I quietly buy this horn and hide it until the next birthday party? When we bring Cinnamon out for the birthday party ride, she has a horn, oh my gosh! Maybe I could spray some glitter in her hair?

So I start going down this fantasy land of like, what would I have loved at my six year old birthday party? I would have loved to have a unicorn that everyone could ride with glitter in its hair.

I’m sure you see where this is going. These are kind of extreme examples, because dragon wings and unicorn horns are not things that most people put on their shopping list, but they ended up in my searches. I will admit that in the end, thanks to the amazing photography on the unicorn horn website of the little girl in rapturous ecstasy when she sees the horse come out with this unicorn horn on, I bought a unicorn horn.

Did I need a unicorn horn? No, I did not (who does?!). It’s going to be a very special thing for a birthday party.

And, That is How it Works

My point is, this is how internet marketers get us to buy things. We click on something, we’re interested, and the day I was looking for the dragon harness and leash, I didn’t have to buy it that day, I was interested and I was curious about the options. I tried using a harness for a hamster and that didn’t work, so I was like, okay, I need something that’s specifically built for a bearded dragon.

What I ended up coming to was these exotic and quite expensive handmade beautiful translucent dragon wings that you could see through to the bone structure in the wings. They had a little hook on the finger part of the wing at the top, so it was basically like bat wings made for the bearded dragon. If your bearded dragon is at the center of your world, then this is awesome.

There are so many outfits, costumes and accessories for the bearded dragons, but even for the horse, again, just buying the basics for a horse gets pretty expensive, not to mention when you start adding on things like custom made unicorn horns.

The nice thing about the horn is that it’s soft and made of fabric, but it has form to it, and the way it attaches is very secure. If the horse shakes its head and does bump somebody, it’s not going to impale them or injure them.
So basically I got suckered into buying a unicorn horn, I’m just going to admit it here.

We ALL do it, Even Me!

On this show I have never held myself up as any kind of financial guru of any kind. Tess Wicks tried to call me that on her show, Words and Money, and I absolutely refused it. I’m facilitating conversations, I’m your comrade at arms, I’m here with you to talk about it, I’m here to talk about mistakes I make as well as things we all do and how we can improve things, so buying a unicorn horn probably was not the wisest purchase of the moment.

I did resist the wings for now, but I may revisit that when she’s a foot bigger!

That’s what I wanted to talk to you about, because when we spend so much time online, and especially time that we spend clicking on things, we’re really allowing people to seduce us into buying these things that we never knew existed before. I now think about these things relatively frequently, both the fact that I bought a unicorn horn, and I haven’t yet bought the dragon wings. How happy would it make the kids? Is that worth the cost? It’s not exorbitantly priced, but it’s handmade, so this is something someone spent some time on.

Even in our regular life, just looking at regular things, think about all the times you’ve clicked on something on Amazon and decide not to get it and go away. Next thing you know in your Facebook feed you’re getting ads for that thing. People are really learning a lot about us with all the time we spend on the internet, so we need to be kind of thoughtful and aware, because online marketers are so slick, and so good at persuasion.

They look at all of these behavioral psychology tactics and what causes people to take certain actions like clicking the ‘buy’ button without going and investigating if there are any better options or prices elsewhere. They really like to hook us in on the emotions, things like the little girl looking up ecstatically at this unicorn with the horn on it, and they’re good at making the buy that we make at the end of our decision making process almost like a kneejerk reaction.

We go through this process, they show us these different things, maybe we don’t buy it the first time, then they show us some more ads, maybe we click to learn more, maybe we join a mailing list here or there, and then we start getting some emails about these things. Slowly, slowly, with each step, the marketers are convincing us of what they want us to do.

And We Can All Use These Techniques

If you are an online business person, this is great to learn from, and I actually totally recommend Bushra Azhar’s Persuasion Revolution. She has a fantastic free group, she also has some paid groups, a membership site and then some courses too, but she really looks at this from a very kind and gentle perspective of, the big guys are already doing this, the man, the corporations, the people who have control of the most money are already using these interesting psychological persuasive techniques.

Why don’t we use them too, but for good?

We can learn how to talk to people in the language that makes them feel the emotions that we want them to feel, in order to get into the mood to buy these things.

Hopefully we do it in terms of things that will actually serve a greater purpose for them, things that will actually help them better their lives, make good decisions, get rid of bad habits, start paying more attention to the things that are most important to them in their lives, those kind of things. It’s important for the people that don’t have these bigger agendas and are honest business people to have some of these skills as well.

That’s the two sides of the coin. One is protect yourself and try to have some awareness of how your time online is affecting people’s ability to sell things to you that you may not want and may not really need, and on the other hand, if you are a small business owner and if you are a freelancer or an entrepreneur, how are these sales funnel tactics and email marketing and pay per click affecting your customers? How are the big corporations – who may or may not be your competition – using these sorts of tools and skills to affect people who may be your customers, who may be able to benefit from service you have?


If you enjoyed this episode you can subscribe to Financial Fluency here on iTunes and listen every week. If you like what you hear, please also leave an awesome iTunes review

I’m doing two episodes now every week, one solo and one interview.

I also have the fantastic Mastering Money Matters group, a monthly membership group where you can join and we talk about all the different pieces week by week of getting our money systems set up and how we look at, think about and value money and all areas of our lives.

It’s a very supportive and private group just for women and it’s a safe place to hang out and talk. It’s kind of the extension of the interviews I’ve been doing with mainly entrepreneurs on this show, and it’s where we can talk about the things we may not want to broadcast out to a broader audience.


Let’s Keep the Conversation Going

If you’re enjoying the podcasts and something has lit a fire for you, carry on the conversation over on the Financial Fluency Facebook Group.

See you there!

Jen x