When Lori Sokol was growing up in public-housing projects in Brooklyn, her parents wanted her to marry a millionaire so she wouldn’t have to work. They also discouraged her from pursuing an education.
Ms. Sokol, who is the executive director of Women’s eNews, a nonprofit digital news service that covers women’s issues, refused to listen.
She eventually obtained her doctorate degree and became a successful entrepreneur and writer despite the limits her parents placed on her.
Ms. Sokol also realized early on that she had to become a financially independent woman, partly because her parents wouldn’t have the means to assist her.
“I always had to find a way to pay my bills,” she says in this Secrets of Wealthy Women podcast with Veronica Dagher.
Today, she encourages women to be financially savvy and to help other women whenever they can.
In our hit podcast series, successful women from all walks of life share their financial and career tips to help empower women and improve their financial savvy. Subscribe now so you don’t miss coming episodes with broadcaster Meredith Vieira and entrepreneur Jennifer Hyman.
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Check out our past episodes with Ayesha Curry, Sheryl Palmer, Mary Higgins Clark, Kelley Brooke and Gloria Feldt, Sarah LaFleur and Lesley Jane Seymour.
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