{"podcast":{"title":"The Clever Girls Know Podcast With Bola Sokunbi","slug":"the-clever-girls-know-podcast-with-bola-sokunbi-432533","podcast_index_feed_id":432533,"rss_url":"https://feeds.libsyn.com/540737/rss","website_url":"https://sites.libsyn.com/540737","image_url":"https://static.libsyn.com/p/assets/1/0/4/2/1042ba3069c8336ed959afa2a1bf1c87/iTunes__Soundcloud_header_2.png","author":"Bola Sokunbi","episode_count":444,"summary":"The Clever Girls Know Podcast is your go-to space for real, relatable conversations about money, business, and building wealth — without shame, without judgment, and without confusion. I'm Bola Sokunbi, founder of Clever Girl Finance, and I created this podcast to help you take control of your finances, build confidence, and create lasting wealth with practical strategies that actually work in real life. I share actionable tips and interview incredible guests who are navigating real life and real money decisions, just like you. Whether you're building wealth, working toward financial independence, investing, saving, or paying off debt, you'll find the guidance and motivation you need to keep going. Ready to take the next step? Start building real wealth with my book Clever Girl Millionaire: https://clevergirlfinance.com/books You can also access 30+ completely free courses and resources at https://clevergirlfinance.com","last_synced_at":"2026-07-28T20:19:35.688666+00:00","page_url":"https://stenobird.com/podcast/the-clever-girls-know-podcast-with-bola-sokunbi-432533"},"episode":{"title":"409: How I Lost 40% of My Retirement Savings (A Huge Money Mistake)","slug":"409-how-i-lost-40-of-my-retirement-savings-a-huge-money-mistake","published_at":"2026-03-19T10:00:00+00:00","page_url":"https://stenobird.com/podcast/the-clever-girls-know-podcast-with-bola-sokunbi-432533/409-how-i-lost-40-of-my-retirement-savings-a-huge-money-mistake","show_page_url":"https://stenobird.com/podcast/the-clever-girls-know-podcast-with-bola-sokunbi-432533","url":"https://265c1263-ce5d-4444-bdf8-234b60e3afc6.libsyn.com/409-how-i-lost-40-of-my-retirement-savings-a-huge-money-mistake","audio_url":"https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/265c1263-ce5d-4444-bdf8-234b60e3afc6/409_How_I_Lost_40_percent_of_My_Retirement_Savings_A_Huge_Money_Mistake.mp3?dest-id=4659407","summary":"New Book - Clever Girl Millionaire; A Guide to Redefining What's Possible, Turning Ambitions into Actions, and Dreams into Millions - Available to order now Let me share a money mistake that still stings to talk about. Before building Clever Girl Finance, writing books, and becoming a millionaire, I made a mistake that cost me 40% of my retirement savings overnight. Yes, 40%! I'm sharing the story of how I accidentally triggered taxes and penalties on my 401(k) after leaving a job, the lesson I learned the hard way, and what I would do differently today. If you're changing jobs or thinking about cashing out a 401(k), this is something you need to understand before making a move. What I share: The 401(k) rollover mistake that cost me thousands Why cashing out your retirement account can be extremely expensive The difference between a 401(k) rollover and a payout How to avoid early withdrawal penalties and taxes What to do with your 401(k) when leaving a job Money mistakes happen to everyone, even financial experts. What matters most is how you learn from them and rebuild. I share this story in Chapter 6 of my new book Clever Girl Millionaire, where I talk about real-life financial mistakes, lessons learned, and how resilience plays a role in building long-term wealth. If you've ever made a financial mistake, know this: your story isn't over. You can learn, recover, and keep building. More Clever Girl Finance Resources: 👋 New to Clever Girl Finance? Start here: https://clevergirlfinance.com/start-here ❤ Subscribe to the Clever Girl Finance newsletter for weekly motivation! clevergirlfinance.com/subscribe ❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books ❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking…","meta_description":"New Book - Clever Girl Millionaire; A Guide to Redefining What's Possible, Turning Ambitions into Actions, and Dreams into Millions - Available to order n…","key_points":[],"chapters":[],"topics":[],"duration_seconds":637,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-clever-girls-know-podcast-with-bola-sokunbi-432533/episodes/409-how-i-lost-40-of-my-retirement-savings-a-huge-money-mistake/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-clever-girls-know-podcast-with-bola-sokunbi-432533/409-how-i-lost-40-of-my-retirement-savings-a-huge-money-mistake.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}