February 12, 2013

Mrs. Moneypenny, Financial Times columnist, visits SWIM

By Sarah Foote, Editor of News@Sloan

Dr. Heather McGregor, also known as Mrs. Moneypenny, entrepreneur, pilot, columnist for the Financial Times, and author of the new book Mrs. Moneypenny’s Careers Advice for Ambitious Women visited the Sloan Women in Management club (SWIM) last Thursday afternoon.

Moneypenny offered career advice and tips to the club’s members in an hour-long talk. She told students in attendance to take control of every aspect of their careers from managing human and social capital (networking) to learning to say “no,” learning to delegate, and building teams. She advised SWIM members to spend time learning and understanding their own financial literacy.

“You should spend at least an hour a month, if not an hour a week, on your own personal finances. If you are not doing an hour working on your own money, you are not doing enough,” Moneypenny noted. “Know exactly what it costs you to live. Every woman should have a personal financial finish line—that is understand how much money you will need to earn to pay down all your debt, and have enough to retire. Not enough of us do this.”

Moneypenny also advised students to have a third dimension to their lives – to do something more than work and run a home. This will also develop your human capital and social capital, she said.