During your next night out (or Zoom call in) with your friends, break open the wine and talk about investments. It might sound weird at first, but that’s what Divya Gugnani, CEO and co-founder of Wander Beauty, advises women to start doing. 



a woman sitting at a table


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“Every time my husband goes out for a guy’s dinner, why do they discuss investments, why are they talking about the stock market, why are they talking about real estate?” Gugnani asks. It’s because it works. “They come home and they share ideas, and their wealth compounds,” she says.

It’s time women do the same.



a woman sitting at a table: Divya Gugnani attends Food & Wine Classic in June 2011 in Aspen, Colorado.


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Divya Gugnani attends Food & Wine Classic in June 2011 in Aspen, Colorado.

“We need to socialize the idea that it’s OK for us to talk about money. We need to share and build and help each other grow,” Gugnani said during a recent webinar as part of U.S. Bank’s Women & Wealth Summit.

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About 52% of women say they talk about money with friends, compared to 61% of men, according to U.S. Bank’s online survey of 3,000 people last year. 

Men build wealth, in part, because they are sharing their financial ideas and insights with a network of others, says Gugnani, who started her career at Goldman Sachs. They help, teach and support each other, she adds. 

Women can and should be doing the same thing, Gugnani says. Start with your own circle of friends and move past the taboos and hang-ups you may have about talking about money and finances in general. “Make this an OK thing to talk about at a girl’s dinner,” she says.  

“It’s about learning how to become financially fluent, financially literate,” she says.

When it comes to money advice, Gugnani says her No. 1 recommendation is

How bad are things at easyJet? Well, the backward-looking numbers are dreadful, obviously. An airline that has previously always made annual profits now expects a “headline” loss of £815m-£845m in the financial year to September, even before counting the whack from bad fuel hedges and redundancy and restructuring costs.



a man standing in front of a plane: Photograph: Peter Cziborra/Reuters


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Photograph: Peter Cziborra/Reuters

Yet it’s the forward-looking indicators that matter now, and easyJet is sending confused signals. The only simple part to understand was the familiar call by the chief executive, Johan Lundgren, for the government to “step up with a bespoke package of measures” for the aviation industry. He has a point: it’s shocking that it was only this week that ministers announced a “travel task force” to construct a decent Covid-testing system at airports.



a man standing in front of a plane: Johan Lundgren, CEO of easyJet. He has a point with his now familiar calls for government assistance.


© Photograph: Peter Cziborra/Reuters
Johan Lundgren, CEO of easyJet. He has a point with his now familiar calls for government assistance.

But what about easyJet’s direct financial strain? The airline said it will fly at only 25% capacity in the current quarter, but when does that become a crisis? Does easyJet mean it could soon want more financial aid from the state, on top of the £600m already secured from the big-company coronavirus borrowing facility? It’s hard to tell.

If Rishi Sunak, the chancellor, scanned easyJet’s trading update, he would be forgiven for concluding there’s little to worry about. Removing costs has put easyJet in a position “to emerge from the pandemic in an even more competitive position”, the statement declared. While £700m of cash was burned in the last quarter and net debt reached £1.1bn, there was £2.3bn of liquidity at the end of last month.

Behind the scenes, one suspects the message is starker about financial risks if quarantine rules remain at their current settings for months on