September 18, 2025 • 51 mins
In this episode of Chatting with Betsy, host Betsy Wurzel sits down with journalist and author Edith Lynn Hornik-Beer to explore Why Women Took Control of Their Finances. From being denied credit cards and loans to fighting for independence, Edith shares the history, challenges, and resilience that shaped women’s role in money management and investing. ✨ Inside this conversation:
👉 Learn more about Edith: https://essaysforthecuriousmind.com/ 💬 Betsy describes Edith as “full of history and wisdom.” Listen in and discover why women’s financial literacy and empowerment remain essential.
Become a supporter of this podcast: https://www.spreaker.com/podcast/chatting-with-betsy--4211847/support.
💡 At Passionate World Talk Radio, we believe real conversations matter. Stay inspired and keep listening to Chatting with Betsy at www.passionateworldtalkradio.com.
- The spark that inspired Edith’s book To Invest Successfully: Terms You Need At Your Fingertips
- Barriers women faced—credit card denials, workplace restrictions, and financial discrimination across countries
- How cultural milestones like The Pill and All in the Family highlighted women’s struggles for financial equality
- Betsy’s personal stories of building her own credit and independence
- Edith’s experiences as a Swiss-born journalist navigating financial roadblocks across borders
👉 Learn more about Edith: https://essaysforthecuriousmind.com/ 💬 Betsy describes Edith as “full of history and wisdom.” Listen in and discover why women’s financial literacy and empowerment remain essential.
Become a supporter of this podcast: https://www.spreaker.com/podcast/chatting-with-betsy--4211847/support.
💡 At Passionate World Talk Radio, we believe real conversations matter. Stay inspired and keep listening to Chatting with Betsy at www.passionateworldtalkradio.com.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Hello to be one. This is Betsy Worzel. You're a
host of Chinning with Betsy our Passion World Talk Radio Network,
a subsidiary of Global Media Network LLC. Our mantras that educate, enlighten,
and entertain. The views of the guests may not represent
those the hosts of the station. So I'm so excited,
(00:23):
as I always end when I do my show with me, today,
I have Edith Lynn Hornick Bear. That's Bee or And
she is such a treasure and just a wonderful person
to talk to and to listen to. She is going
(00:44):
to talk about her book. She wrote several books, but
she's going to talk about her book. Just got lost
to my NOx. She oh, let me start it all
over again. Edith's work has been publish in notable newspapers
and magazines. She is an authoring a journalist. She was
(01:08):
a winner in twenty seventeen for the Matt Kramer Award
for Excellency Journalism. She's wrote her five books, most recently
The Drinking Woman Revisited and for Teenagers Living with a
parent who abuses alcohol Drugs, both of which have been
(01:29):
proved by physicians in the field. Today, Edith will discuss
her book To Invest Successfully, Terms you Need at your Fingertips.
I just want to encourage everyone. There are so much
to tell about Edith Hornick Bear. I could be here
for an hour. Go on her website, Google her, and
(01:52):
go on her website because there's a wealth of information.
I want to welcome Iithlyn Hornick bearers each with Betsy.
Speaker 2 (02:01):
Welcome well, Betsy.
Speaker 1 (02:03):
Ti.
Speaker 2 (02:03):
It's so great to be able to talk with you
and your audience. And so, uh, you said you were
interested in my book to Invest Successfully Terms you Need
at your finger Tip.
Speaker 1 (02:23):
Yes, that sounds interesting. Yeah, that sounds about your book.
Speaker 2 (02:30):
Now I'll get right into it. You know, writers are
always inspired to write something, usually quite passionately. Sometimes it
happens when they observe something. So I had a very
(02:54):
strange experience. I was waiting in my bank to see
one of the vice presidents when I overheard a talk
between one of the bank employees and a young couple
who was thinking about investing, and they were having a
(03:18):
very hard time explaining to the bank employee why they
wanted to invest what they wanted to invest. And that
made me kind of think, Gee, we need a book
that lets people look up terms that they need to invest.
(03:42):
And that's how this book was born. And of course
it also just awakened a lot of my memories, and
that is ahead.
Speaker 1 (03:58):
That's interesting, Edith, that you know you got motivated write
this book by hearing a conversation because probably most people
don't know terms use in investing. I know, I don't.
I'm not familiar with a lot of terms. Yeah.
Speaker 2 (04:16):
Not only that, but you can always remember all the terms.
So I found when I went to an investment dictionary,
and the Lord knows that a lot of them. I
would look up my words, say I was investing in bonds,
(04:36):
and I looked up what par means. So the dictionary
would tell me what par means, but nothing else. So
what my dictionary does. You can go to the index
and look at the word par, and then the index
(04:57):
will tell you what schacter did signs paus. Well, obviously
it's going to be in bonds. So but then when
you go to that chapter, it gives you all the
out words you need to invest in bonds.
Speaker 1 (05:16):
That's very hopeful because there's a lot of different types
of bonds, aren't there.
Speaker 2 (05:22):
Yes, And it's page just long and you can just
skim through it. You don't have to look up everything,
but if you aren't going to invest in bonds, you
will at least know what you're getting into.
Speaker 1 (05:41):
That's good information. I was wondering, do you have a
chapter in there about like investing in life insurance by
any chance, I know, I just thought of that. Yeah,
ah great, wow.
Speaker 2 (05:56):
Just go to invest and look up insurance and then
it gives you all types of insurance. That is really that's.
Speaker 1 (06:08):
Great, but people need to know all the different kinds
of life insurance policies.
Speaker 2 (06:14):
Well. Also, now with the tech, we've added a little
something to this book. One of it is that you
can if you bind the ebook, there are websites you
(06:36):
can click on and it'll come up and give you
more information. Or if the government has a department that
handles up like Social Security, you can click on that
website and it'll bring you right to that. That's if
(06:59):
you have the e book.
Speaker 1 (07:03):
Okay, And how about your hardestoft copies? Do they have
references resources in the bag? Yes?
Speaker 2 (07:11):
Yes, yes, I'll tell you where you can go. And
then that's a very good question, and Betsy, and it'll
tell you where you can go, and you can open
your computer and get it there.
Speaker 1 (07:27):
That's important. Edith like that is so valuable. I want
the audience to know that it's important to know before
you I'm going to just say, before I would go
to a financial planner or before I would invest, this
is a book I would want to have at my
fingertips so I could have it, study it before I go,
(07:50):
have it with me when I do go to a
financial planner or an investor, and if I don't know
what a word is, don't understand, there's a book right
there to help me. Yeah, yeah, you know, excuse me.
Speaker 2 (08:08):
The first time I wrote this book was back in
the seventies early eighties, when there was no tech as
we know it today, And at that time, Simon Shousta
published it and it was quite popular. But then with
(08:35):
the tech coming up, I decided it needed to be republished.
Speaker 1 (08:43):
Well, that's a great idea because in the early eighties
you didn't have the tech back then that you do today.
I mean, there was no Google, there wasn't computers like
there word, there wasn't smartphones. You had to rely on
looking things up by yourself, go into a library and
(09:04):
looking up this information. So I'm sure your book was
extremely helpful. In the early eighties.
Speaker 2 (09:15):
Yeah, well it was. It was extremely popular, sold immediately,
and it actually had a different name. It was called
Investment Terms, which didn't really explain how different it was
(09:39):
this book does.
Speaker 1 (09:43):
So you changed the name from the original, right, well,
I think the title, Yeah, well, I think this title
is more catchy, if you might say, you need it.
Speaker 2 (10:01):
Well, also, it's kind of There are actually quite a
lot of praise about it, and we actually put that
quite a bit in the book. Like one of the
(10:24):
professors of business at Colorado Mountain Cark College says that
he liked the concise and convenient style, that I didn't
make it overly long, that each each word since only
(10:47):
the most important thing.
Speaker 1 (10:52):
So it's to the point. Your book is powerful, informative
and to the point.
Speaker 2 (10:59):
Right, it's right one that's good to know. Yeah. Rob McKinley,
who was used to work for he was a board
direct at the Global Ad Agency, and he said, he said,
(11:24):
she kind of makes me laugh. He said, when I
started investing, I didn't know a put from a butt,
and so he said, he kind of finds it interesting
and now he uses the book and also the CEO
(11:48):
of my bank, the Alpine Bank, in Colorado. She the
one who heads our are one out time bank. They
out time banks all over and this one is in
Steamboat Springs, and she said she bot and she said
(12:12):
she's amazed how much she uses it.
Speaker 1 (12:16):
So it sounds like a very important resource book. And
one of the reasons of my show is to provide
people with resources to make their life easier. And your
book to invest successfully terms you need at your fingertips
(12:40):
is definitely a wonderful resource for people to have because
people do invest, and there's so many different terms. There's
you know, crypto, now there is thick coin. You know
that it's just keeps things just keep changing, you know,
different kinds of insurances. There's a bull market. These are
(13:04):
things are important to note.
Speaker 2 (13:07):
Yeah, but you know, speaking of crypto, I did add
a crypto chapter and the I actually put a warning
at the beginning of the chapter saying this is a
new way of dealing with money and having money and
(13:31):
they should really be careful.
Speaker 1 (13:34):
Mm hmm. Yeah.
Speaker 2 (13:35):
And I also mentioned that as I'm writing this chapter,
I am sure that new words will come up concerning crypto.
But I also have places where they can get more
information for the crypto.
Speaker 1 (13:59):
Yeah, and important. There's well the scams going on with that.
Speaker 2 (14:04):
Yeah, you have to be very careful. But I also
have at the end of the book further reading, and
I have books that I suggest for each type of investment.
So okay, yeah, those books are the vocabulary. They will
(14:29):
commit the reader to get in depth information about each
type of investment.
Speaker 1 (14:40):
Okay, so your book also less books for people to
read for further information.
Speaker 2 (14:48):
Yeah. Yeah, at the end of the book, I have
further reading and tell them what books to go to.
It started out as a dictionary for each type of investment,
(15:10):
but then I decided at the end of the book
to also give them further reading if they wanted.
Speaker 1 (15:23):
That's a very important right I. I also like to
talk about women.
Speaker 2 (15:34):
Back.
Speaker 1 (15:35):
I'm gonna say probably since you know the beginning of
time when there were banks, they weren't allowed to take
to take out alone, right, they didn't. It was hard
to get for a woman to get credit. And then
it was very hard for single women. You had to
(15:58):
have a husband, I think.
Speaker 2 (16:01):
Right, right, he had a brother who took care of
r you know, say that the father always arranged to
take care of her. But the thing is, it's funny
that you mention that because I got divorced in the
late seventies and there were still things women couldn't do
(16:27):
very easily, like I wanted to once by week options
and when I called the company, uh, the man who
was talking to me said, does your husband know you're
doing this? I just hung up on him and I
(16:49):
never pret the yes.
Speaker 1 (16:53):
It was yeah, it was hard.
Speaker 2 (16:59):
Yes, Now it was a strange thing. I had read
in the newspaper that's three or four lines that the
Soviet Union today Russia was having a terrible wheat market,
that the harvest was not going to be sufficient to
(17:22):
feed the country. So I said to myself, well, they're
going to have to buy wheat, and wheat is going
to go up like crazy, and it did, and I
never had the options.
Speaker 1 (17:38):
Wow, that's that's a shame, but that's how it was.
I remember when I was single, I think it was
like seventy eight, seventy nine, I wanted to apply for
a credit card an master charge, and I felt the
application never heard a response, and it wasn't until I
(17:59):
got married that I was able to get a credit
card because they based it on my husband's credit, like
I was the co user but it took a while
for me to earn I guess what you would call
credit or credibility, to show that I pay my credit
(18:20):
cards off, for me to establish my own credit. And
could you talk about that, Edith, How important it is
for women to establish their own credit.
Speaker 2 (18:31):
Very important, absolutely, because if something goes wrong in your life,
you have to depend upon yourself. And actually what happened
was that the general government sent past the law. It's
called e c A and it obviously stands for a
(18:59):
lot of let me give you the Existact the name
of that law. It's an ancient law now so happened anymore.
But anyhow, they had to pass a law which said
(19:24):
that everybody had the right to a credit card if
they have the money. And I am just looking up
the exact name. We don't need it anymore, but it
is the eve.
Speaker 1 (19:47):
She oh a.
Speaker 2 (19:58):
The had an Opportunity Act, no wonder I didn't memory,
and that was passed in nineteen seventy four because there
was such a problem, and it was called the Credit
Opportunity Act that makes it unlawful for any credit or
(20:22):
creditor to discriminate against any application. And then at the
race color, religion, national origin, sex and law, and marital status.
(20:43):
In other words, your husband couldn't stop you from doing that.
Speaker 1 (20:48):
Well, that's that's interesting the year nineteen seventy four, because
I think back then women were starting to go into
the workforce more and more in the early the mid seventies. Yes, yes, yes,
and you know they wanted credit. Matter of fact, this
makes me this conversation reminds me of all of the
(21:11):
Family episode which I used to love to leatch all
in the Family when Archie was out of work and
Edith wanted a loan or she wanted to buy a TV.
She wanted to buy something. The bank wouldn't give her
a loan because she was a woman, and that that
episode was about she couldn't get it without Archie being there.
(21:36):
I think she makes she wanted a surprise. Maybe it
wasn't at work. I think she wanted to surprise him
with the TV set for his birthday or anniversary and
she couldn't get it. And I remember, well, I brought
my first car in nineteen seventy nine. I had to
have my father co sign even though I was twenty
(21:58):
twenty one. My father had a coach sign, so it
was really difficult for women. You know, if you were
divorced back then, to go get credit and have credit
in your name had to be very difficult.
Speaker 2 (22:20):
So well, I was fortunates. I had a sealthy savings savement,
so that was always back me up. What is though,
I find interesting, and a lot of people are not
(22:40):
aware of it, that women started to go to college
during the Second World War. Because what happened is family
usually saves up money for the sun to go to college,
and if there was enough left space, the daughters, but
(23:02):
the son always had first did on that. So what
happened during the Second World War, First of all, the
young boys were away, so the daughters went the sent
to college and sometimes unfortunately they died, they got killed,
(23:27):
so that money went to the daughters, to the daughter
to go to college. But what was even more helpful
to women was that when the gi Bill of Rights came,
it liberated that savings account for the daughters to go
to college. Oh and that kind of helped them to
(23:55):
get jobs because they could study specific for to such
a work. Yes, and that helped change.
Speaker 1 (24:10):
There was you know, we I'm a baby bloomer, but
the younger generation they may not realize how difficult it
was back then for women. I mean, in my mom,
she was born in nineteen thirty, she lived at home
till she got married. And back then, you know, most
(24:33):
women got married pretty much out of high school. You know,
my mom was. My mom was twenty two when she
got married, and she was considered like a spinster at
that time because because she wasn't married. I mean, that's young.
You know, today we'd say, oh, yeah, you know, that's
(24:54):
that's young to get married. But she you know, went
to work. But back then it was you know, you
went to high school when it didn't go to college
because they figured why waste the money, you're gonna get
married and didn't have a family, and then that education
is you know, I'm not gonna be put to use.
(25:14):
But I'm sure glad that thinks have changed since they needed.
Speaker 2 (25:20):
Yeah, well there wasn't other aspect to her too, though.
The wealthy families did send girls during those years to college,
but they went to find an mrs. Yes, yeah, that's true,
(25:47):
that is true. Yeah, so most of them, you know,
we're sent to find a suitable husband to college.
Speaker 1 (26:02):
Yes, and you know it's I'll go ahead, is.
Speaker 2 (26:08):
Now I was just say, it's changing a lot of
dormitory so changing to their co ed the kids said,
don't always stay in dormitories. They rent an apartment. It's
it's all different today, and and yes, good, that's different.
Speaker 1 (26:28):
Yes it is very much different. When my sister went
to college, her dorm was co ed. They it was mixed.
And you know, back then, as my mom was growing up,
and even when I was growing up in the sixties
and seventies, you know, it was the mentality that you
(26:50):
needed a man to validate your worth. You know that
it was not okay to be a single woman. Uh,
that you needed, you know, a man in your life.
That's not so today. We don't need a guy to
validate our worth and we know our worth or hope,
(27:12):
I hope people young women know their worth. But I
did it. Really when I was younger, Edith, I was
naive because that's how I was brought up. I also
got married at twenty two, and no looking back, that
(27:34):
is too young. Now women getting married in their thirties
and even later, or not get married at all, living together.
Speaker 2 (27:43):
What really changed everything. I really feel that medicine does
not get enough credit. So liberating women because takes a pill.
That changed everything. Yes, I mean when I went to college,
(28:07):
I went to college and Boston, and Boston did not
permit contraceptives. You had to go out of the state
to get it. And so really, you know, my talents
(28:27):
were worried if I might get pregnant and have an
unwanted pregnancy. And that all changed with the pill. Of course,
now some states, I understand, are protesting the pill.
Speaker 1 (28:55):
Well, there was in mind of a story Loretta Lynne,
the famous country singer, she had a song called the Pill,
which they didn't allow on a lot of country stations
back then. Came out probably in the early seventies, and
you know, the song is about she's free now she's
(29:16):
not going to get she's done having baby because she
had a lot of kids. She started young too having children.
And this song was very controversial at that time. But yes,
you're right now, the pill liberated women and size abortion
(29:37):
at that like in the row versus way was one
in the early seventies of seventy three, maybe them around there.
Speaker 2 (29:49):
Tell you something. Women always had abortions even yeah, when
it was legal, and there were ye who did it.
You just have to connection.
Speaker 1 (30:02):
Now that's true. My grandmother told me the story Edith
her sister. She was married, but she had gotten pregnant
again because she didn't want the kid, and she had
you know, and you're talking like in the thirties, maybe
it was the forties. She had it. Well, it was illegal,
and she found a doctor and had an abortion, and
(30:25):
that was, you know, way back.
Speaker 2 (30:29):
My mother in law told me that she had I mean,
I know, she had three children and they all were boys,
and obviously I'm married one of them. And she told
me that she had three more pregnancies and she said
(30:53):
I didn't we couldn't afford six children. And she had
sweet abortions. Now, I asked her, how did you do it?
She said, my doctor did it. He put down that
the procedure was something that had to do with my
bladder and he was fixing it.
Speaker 1 (31:19):
Wow.
Speaker 2 (31:20):
I had another cousin who actually never wanted to have children,
and she had a surgery to remove whatever they had
to remove so she couldn't get pregnant. And she she
(31:43):
told me that that surgery was called appendicytis. She also
had an appandix taken out. But yes, wow, yeah, they
did what she wanted.
Speaker 1 (32:03):
Yeah, Yeah, there was also homemade remedies too. My mom
told me about that. I don't know what they were,
but they did not always work, right, Yeah, that's true.
When my mom they came pregnant with my younger brother.
(32:29):
You know, my mom already had the three of us
in the fifties and here comes my brother. You know,
he was born in sixty three.
Speaker 2 (32:36):
My father.
Speaker 1 (32:38):
Well, my mother told me also that she tried to
abort the pregnancy. She tried homemade remedies that you know.
I didn't ask her what they were, but it didn't work,
and my brother was born. I'm sure she's glad that
he was because he was her favorite. So my brother
(33:01):
brought her much joy and three granddaughters. So it's you know,
just you're right, medicine, women or more independent now than
I relying on a man for income. Uh, they're not.
(33:24):
You know, they're in a relationship and hopefully they realize
that they are being abused to get out. They're not
putting up with a lot of stuff that women did,
you know, way back when, because you didn't get divorced, right, yes,
(33:45):
which yes.
Speaker 2 (33:47):
It's great. Yeah, but I've heard horror stories. I mean,
I know.
Speaker 3 (33:59):
I had a friend and She told me that one
of her Fitch partners was very unhappily married and her
parents did not want her to get divorced, so when.
Speaker 2 (34:13):
They passed away, they left all the money to him.
So she said, oh my goodness, Yeah, that's.
Speaker 1 (34:27):
That is because like the women were properties, you know,
way back when they were considered the property, didn't.
Speaker 2 (34:37):
Trust her what it was, and they felt that the
husband was to a boat. But still it's and I
understand that that was quite prominent that it was done. Wow. Yeah,
(35:04):
the girl was considered you know, a bad girl for
wanting to get divorced.
Speaker 1 (35:10):
Oh yeah, yeah, because that wasn't even heard as you know. Yeah,
just to tell the younger women who are listening to
this that, you know, way back when women put out
with abuse because they didn't have really options. There was
no shelters back then. There wasn't any place they could go.
(35:33):
Maybe if their family they could go to, but a
lot of times not their parents might have said no,
you're married now, and they were considered their husband's property. So,
as the saying goes, it's come a long way, baby, right, Well,
(35:57):
so and so, and I think it's especially important either
for women to know how to invest so they can
have savings, had their own money, their own income, and
if they want, they choose to desire to keep that
(36:20):
separate from their husband's income, then that's you know, their prerogatives.
Speaker 2 (36:29):
Yeah, well I kept I told my husband to be
said I was going to be a writer and I
would only get married if he that was okay with him,
and it was. But as I succeeded, he felt very uncomfortable.
(36:55):
And if I have given up writing, I think my
marriage would have succeeded. But I didn't want to do that.
And it's it's very often the ego thing mm hmm
that men feel inferior if their wives make more money
(37:21):
or if their wives are more successful. But that is
changing too, because today there are fathers who stay at
home so the whites can work.
Speaker 1 (37:37):
Yes, yeah, everyone has to do what they need to do. Yeah,
for their situation.
Speaker 2 (37:45):
Yeah, and actually some mega really quite good at this.
Speaker 1 (37:55):
Yes, some better than the women. Right, Yeah, there's yeah,
there's you know, ever works for a person's situation. Everyone's
situation is different. You could your husband. Someone says they
might have a job where they could work from home,
and they could work from home while doing childcare. Especially
(38:19):
you know, they don't.
Speaker 2 (38:23):
Even have to work. I have I have a friend
who who had had a very successful career with magazines,
and she had to travel a lot. So her husband
took care of the children and he didn't work at all,
(38:44):
And then when the children were grown and he could work,
she had to remind him. She says, you know, you
could get a job.
Speaker 1 (39:00):
I heard it suggested. You can tell me what your
opinion is on the theist that women do keep some
money a separate if they are married, or maybe they
have a joint account with their significant other, that they
keep some money separate in case they do have an emergency,
in case they do have to lead their partner or
(39:21):
a husband, Yeah, to put some money away. What do
you think of that?
Speaker 2 (39:29):
I don't know why I have to kind of think
through that.
Speaker 1 (39:34):
I never did it.
Speaker 2 (39:37):
I know my son and his wife they keep their
money in one pot, but they have a very good merite.
So back for.
Speaker 1 (39:52):
Yeah, I never heard of doing that. You know, when
I got married forty six years well now forty five
years ago, it would have been so that's something I
never thought of. I mean, I didn't hear about that
until either my husband was really sick or he might
have died, but I never heard of that. I wasn't
(40:13):
even thought of back then, you know, like got married
in nineteen eighty.
Speaker 2 (40:19):
Yeah, But I want to tell you something. I was
born in Switzerland, actually, and when when I got married,
and I didn't get married in Switzerland. I got married
in the United States, and I grew up in the
United States. But I am the Swiss are very loyal
(40:43):
to anyone who's born in Switzerland, so once the Swiss
always is Swiss, even if you become another citizen, if
you take on another citizenship. But when I got married,
there was a Swiss law that unless you had a
(41:04):
serious prenuptial agreement, you could not inherit money. Your husband
was in charge of your inheritance. So I got married
in the United States so we didn't have to worry
about that. But then as my father got older, my
(41:29):
mother passed first. As my father got older, he saw
that I was not happily married, and he kind of
foresaw that I probably would not say in the marriage.
So when he passed away and I went to the
(41:52):
various banks where I had inherited money, banker said to me,
your father was here before he passed on, and he
made but in our notes that you are an American
(42:13):
citizen and are to be treated as an American citizen.
And that is the only way I had an inheritance.
Speaker 1 (42:25):
Well, that's that is that is history. It is yeah
that you know, you wouldn't have been able to have
inherited your father's money. He wanted you to have that.
He didn't do that. So that was great that your
father did that.
Speaker 2 (42:45):
Yeah, he did, he did, and so but that was.
Speaker 1 (42:56):
For these American thanks or Swiss thanks with banks.
Speaker 2 (43:02):
My parents went back to Switzerland they liked in their
old age, and they died in Switzerland, and I was
buried in Switzerland. So obviously he had his money there
m h. And so he handled it hell so that
(43:28):
he wasn't sure how it would happen when he died,
so he made sure that they knew that I was
an American citizen.
Speaker 1 (43:42):
That was very good planning on your father's part, and
that shows how much he loved and cared for you either.
Speaker 2 (43:52):
Well, yeah, but he also was ahead of his time.
He you know, there was no question but that I
would go to college, and my brother too. There was
no question that I could have a career and the
(44:16):
college I went to is interesting. There was a mister
Simmons who was men used to have custom made trousers,
and mister Simmons had them made that men could buy
(44:39):
them in the stores. And trousers used to be around,
you know, not a crease on the side, and when
they began to make them in quantity, they put a
crease in because it was easier on each side. And
so known as a man who put a crease in
(45:02):
men's trousers. Anyhow, he had a load of money and
he also had a good heart. He saw that women
were underpaid, that women really got not good jobs, and
(45:22):
he felt that there was a college needed, not like
Wellesley or Ratcliffe which is big on liberal arts, but
one where you had liberal arts and also a career,
studied for a career. And so Simmons today, Simmons University
(45:46):
today is the only university that has a business school
only open to women. Well Simmons was started in MIT
and then it was moved to its own property. But
(46:09):
the MIT is kind of their brother college. But I
loved that school because I was able to. I took
quite a bit of business because I had not met
(46:29):
my husband yet. But I had a gut feeling that
someday I might have to support myself. So I did
not take writing. I took business, and then I also
took Liberal Arts. So the Liberal Arts was wonderful, and
(46:51):
the business I tolerated and it really made a difference
in my life.
Speaker 1 (47:01):
I did not know that about Simmons University.
Speaker 2 (47:05):
Yeah, yeah, well it has evolved. For example, today they
have a communications center where you learn everything about writing
and how to be a freelance writer, how to write books,
and how to use tech in writing. And you know,
(47:28):
it just has wrong. But how it started I thought
was interesting. Yes, yeah, that is interesting.
Speaker 1 (47:38):
I didn't know that. Why. Yeah, I feel like you're
are a history book, Edith, and I so enjoyed talking
to you. And the time goes by so fast. Where
can people purchase your book to invest successfully? Terms you
(47:58):
need at your fingertips.
Speaker 2 (48:01):
Obviously, Amazon, Bond, Nobles, you can just go online. I
do have a website, yes, I'll ask about this, and
it's called Books and Essays for the Curious Mind. And
(48:25):
there you can see all my books and where to
buy them. And it's called focus an Essays for the
Curious Mind. Let me tell you quickly about the essays
I've written, essays for The New York Times, the Denver Post,
and on and on, and some of those essays are
(48:47):
in that website. But then if you click on books,
it shows you all the books you can buy.
Speaker 1 (48:56):
Excellent. And I know your work is extensive. That's I
would could I could talk about your work, all that
you've done for probably more than an hour. That's why
I like to encourage the audience to go on Google,
look you up, go on your website because there's so
(49:16):
much information. Edith Lynn Hornick Beer is a wonderful resource
of information and has done much to contribute to society.
And thank you Edith for spending time with me today.
Speaker 2 (49:36):
Thank you.
Speaker 1 (49:37):
You are welcome. You're welcome. My pleasure, the honor and
pleasure to have you on Edith and spending time with me.
You are the pleasure to talk to and I learned
information from you, and that's why I have interesting guests
(50:01):
of my show so we can learn and.
Speaker 2 (50:07):
Your shows too.
Speaker 1 (50:10):
Thank you, Thank you so much. All the information about
Edith Lynn Horneck Fear that's spelled b e e R
will be in the blog that Jeanie White, who's the
station manager as she writes and produces the show. And
I want to thank Lillian Caldwell, who's CEO of Passion
World Talk Gradio Network, who makes this all possible. And
(50:32):
I want to thank you the listeners. Thank you for
listening sharing the show. If you know the ready subscribe
to Chatting with Betsy, please do so with for free.
I'm on Spotify, Spreaker, Amazon Music to name a few.
If you have Alexa, you could program Alexa to hear
Chatting with Betsy and share the show because I want
(50:53):
to help as many people as possible, and I have
wonderful guests on that are experts in their fields, in
their areas, and you don't want to miss my shows.
And if you want to follow me, I am on
Facebook bets Worzel w r z e L. And thank
(51:16):
you again for listening. And as I always say at
the end of my show and a world where you
can be anything, please be kind, shine your life right
because we need it now more than ever before. This
is Betsy Worzel. You're a host of Chatting with Betsy
and pastor Roll Talk Radio Network, a subsidiary of Global
(51:38):
Media Network LLC. Be safe everyone, Bye bye now
Hello to be one. This is Betsy Worzel. You're a
host of Chinning with Betsy our Passion World Talk Radio Network,
a subsidiary of Global Media Network LLC. Our mantras that educate, enlighten,
and entertain. The views of the guests may not represent
those the hosts of the station. So I'm so excited,
(00:23):
as I always end when I do my show with me, today,
I have Edith Lynn Hornick Bear. That's Bee or And
she is such a treasure and just a wonderful person
to talk to and to listen to. She is going
(00:44):
to talk about her book. She wrote several books, but
she's going to talk about her book. Just got lost
to my NOx. She oh, let me start it all
over again. Edith's work has been publish in notable newspapers
and magazines. She is an authoring a journalist. She was
(01:08):
a winner in twenty seventeen for the Matt Kramer Award
for Excellency Journalism. She's wrote her five books, most recently
The Drinking Woman Revisited and for Teenagers Living with a
parent who abuses alcohol Drugs, both of which have been
(01:29):
proved by physicians in the field. Today, Edith will discuss
her book To Invest Successfully, Terms you Need at your Fingertips.
I just want to encourage everyone. There are so much
to tell about Edith Hornick Bear. I could be here
for an hour. Go on her website, Google her, and
(01:52):
go on her website because there's a wealth of information.
I want to welcome Iithlyn Hornick bearers each with Betsy.
Speaker 2 (02:01):
Welcome well, Betsy.
Speaker 1 (02:03):
Ti.
Speaker 2 (02:03):
It's so great to be able to talk with you
and your audience. And so, uh, you said you were
interested in my book to Invest Successfully Terms you Need
at your finger Tip.
Speaker 1 (02:23):
Yes, that sounds interesting. Yeah, that sounds about your book.
Speaker 2 (02:30):
Now I'll get right into it. You know, writers are
always inspired to write something, usually quite passionately. Sometimes it
happens when they observe something. So I had a very
(02:54):
strange experience. I was waiting in my bank to see
one of the vice presidents when I overheard a talk
between one of the bank employees and a young couple
who was thinking about investing, and they were having a
(03:18):
very hard time explaining to the bank employee why they
wanted to invest what they wanted to invest. And that
made me kind of think, Gee, we need a book
that lets people look up terms that they need to invest.
(03:42):
And that's how this book was born. And of course
it also just awakened a lot of my memories, and
that is ahead.
Speaker 1 (03:58):
That's interesting, Edith, that you know you got motivated write
this book by hearing a conversation because probably most people
don't know terms use in investing. I know, I don't.
I'm not familiar with a lot of terms. Yeah.
Speaker 2 (04:16):
Not only that, but you can always remember all the terms.
So I found when I went to an investment dictionary,
and the Lord knows that a lot of them. I
would look up my words, say I was investing in bonds,
(04:36):
and I looked up what par means. So the dictionary
would tell me what par means, but nothing else. So
what my dictionary does. You can go to the index
and look at the word par, and then the index
(04:57):
will tell you what schacter did signs paus. Well, obviously
it's going to be in bonds. So but then when
you go to that chapter, it gives you all the
out words you need to invest in bonds.
Speaker 1 (05:16):
That's very hopeful because there's a lot of different types
of bonds, aren't there.
Speaker 2 (05:22):
Yes, And it's page just long and you can just
skim through it. You don't have to look up everything,
but if you aren't going to invest in bonds, you
will at least know what you're getting into.
Speaker 1 (05:41):
That's good information. I was wondering, do you have a
chapter in there about like investing in life insurance by
any chance, I know, I just thought of that. Yeah,
ah great, wow.
Speaker 2 (05:56):
Just go to invest and look up insurance and then
it gives you all types of insurance. That is really that's.
Speaker 1 (06:08):
Great, but people need to know all the different kinds
of life insurance policies.
Speaker 2 (06:14):
Well. Also, now with the tech, we've added a little
something to this book. One of it is that you
can if you bind the ebook, there are websites you
(06:36):
can click on and it'll come up and give you
more information. Or if the government has a department that
handles up like Social Security, you can click on that
website and it'll bring you right to that. That's if
(06:59):
you have the e book.
Speaker 1 (07:03):
Okay, And how about your hardestoft copies? Do they have
references resources in the bag? Yes?
Speaker 2 (07:11):
Yes, yes, I'll tell you where you can go. And
then that's a very good question, and Betsy, and it'll
tell you where you can go, and you can open
your computer and get it there.
Speaker 1 (07:27):
That's important. Edith like that is so valuable. I want
the audience to know that it's important to know before
you I'm going to just say, before I would go
to a financial planner or before I would invest, this
is a book I would want to have at my
fingertips so I could have it, study it before I go,
(07:50):
have it with me when I do go to a
financial planner or an investor, and if I don't know
what a word is, don't understand, there's a book right
there to help me. Yeah, yeah, you know, excuse me.
Speaker 2 (08:08):
The first time I wrote this book was back in
the seventies early eighties, when there was no tech as
we know it today, And at that time, Simon Shousta
published it and it was quite popular. But then with
(08:35):
the tech coming up, I decided it needed to be republished.
Speaker 1 (08:43):
Well, that's a great idea because in the early eighties
you didn't have the tech back then that you do today.
I mean, there was no Google, there wasn't computers like
there word, there wasn't smartphones. You had to rely on
looking things up by yourself, go into a library and
(09:04):
looking up this information. So I'm sure your book was
extremely helpful. In the early eighties.
Speaker 2 (09:15):
Yeah, well it was. It was extremely popular, sold immediately,
and it actually had a different name. It was called
Investment Terms, which didn't really explain how different it was
(09:39):
this book does.
Speaker 1 (09:43):
So you changed the name from the original, right, well,
I think the title, Yeah, well, I think this title
is more catchy, if you might say, you need it.
Speaker 2 (10:01):
Well, also, it's kind of There are actually quite a
lot of praise about it, and we actually put that
quite a bit in the book. Like one of the
(10:24):
professors of business at Colorado Mountain Cark College says that
he liked the concise and convenient style, that I didn't
make it overly long, that each each word since only
(10:47):
the most important thing.
Speaker 1 (10:52):
So it's to the point. Your book is powerful, informative
and to the point.
Speaker 2 (10:59):
Right, it's right one that's good to know. Yeah. Rob McKinley,
who was used to work for he was a board
direct at the Global Ad Agency, and he said, he said,
(11:24):
she kind of makes me laugh. He said, when I
started investing, I didn't know a put from a butt,
and so he said, he kind of finds it interesting
and now he uses the book and also the CEO
(11:48):
of my bank, the Alpine Bank, in Colorado. She the
one who heads our are one out time bank. They
out time banks all over and this one is in
Steamboat Springs, and she said she bot and she said
(12:12):
she's amazed how much she uses it.
Speaker 1 (12:16):
So it sounds like a very important resource book. And
one of the reasons of my show is to provide
people with resources to make their life easier. And your
book to invest successfully terms you need at your fingertips
(12:40):
is definitely a wonderful resource for people to have because
people do invest, and there's so many different terms. There's
you know, crypto, now there is thick coin. You know
that it's just keeps things just keep changing, you know,
different kinds of insurances. There's a bull market. These are
(13:04):
things are important to note.
Speaker 2 (13:07):
Yeah, but you know, speaking of crypto, I did add
a crypto chapter and the I actually put a warning
at the beginning of the chapter saying this is a
new way of dealing with money and having money and
(13:31):
they should really be careful.
Speaker 1 (13:34):
Mm hmm. Yeah.
Speaker 2 (13:35):
And I also mentioned that as I'm writing this chapter,
I am sure that new words will come up concerning crypto.
But I also have places where they can get more
information for the crypto.
Speaker 1 (13:59):
Yeah, and important. There's well the scams going on with that.
Speaker 2 (14:04):
Yeah, you have to be very careful. But I also
have at the end of the book further reading, and
I have books that I suggest for each type of investment.
So okay, yeah, those books are the vocabulary. They will
(14:29):
commit the reader to get in depth information about each
type of investment.
Speaker 1 (14:40):
Okay, so your book also less books for people to
read for further information.
Speaker 2 (14:48):
Yeah. Yeah, at the end of the book, I have
further reading and tell them what books to go to.
It started out as a dictionary for each type of investment,
(15:10):
but then I decided at the end of the book
to also give them further reading if they wanted.
Speaker 1 (15:23):
That's a very important right I. I also like to
talk about women.
Speaker 2 (15:34):
Back.
Speaker 1 (15:35):
I'm gonna say probably since you know the beginning of
time when there were banks, they weren't allowed to take
to take out alone, right, they didn't. It was hard
to get for a woman to get credit. And then
it was very hard for single women. You had to
(15:58):
have a husband, I think.
Speaker 2 (16:01):
Right, right, he had a brother who took care of
r you know, say that the father always arranged to
take care of her. But the thing is, it's funny
that you mention that because I got divorced in the
late seventies and there were still things women couldn't do
(16:27):
very easily, like I wanted to once by week options
and when I called the company, uh, the man who
was talking to me said, does your husband know you're
doing this? I just hung up on him and I
(16:49):
never pret the yes.
Speaker 1 (16:53):
It was yeah, it was hard.
Speaker 2 (16:59):
Yes, Now it was a strange thing. I had read
in the newspaper that's three or four lines that the
Soviet Union today Russia was having a terrible wheat market,
that the harvest was not going to be sufficient to
(17:22):
feed the country. So I said to myself, well, they're
going to have to buy wheat, and wheat is going
to go up like crazy, and it did, and I
never had the options.
Speaker 1 (17:38):
Wow, that's that's a shame, but that's how it was.
I remember when I was single, I think it was
like seventy eight, seventy nine, I wanted to apply for
a credit card an master charge, and I felt the
application never heard a response, and it wasn't until I
(17:59):
got married that I was able to get a credit
card because they based it on my husband's credit, like
I was the co user but it took a while
for me to earn I guess what you would call
credit or credibility, to show that I pay my credit
(18:20):
cards off, for me to establish my own credit. And
could you talk about that, Edith, How important it is
for women to establish their own credit.
Speaker 2 (18:31):
Very important, absolutely, because if something goes wrong in your life,
you have to depend upon yourself. And actually what happened
was that the general government sent past the law. It's
called e c A and it obviously stands for a
(18:59):
lot of let me give you the Existact the name
of that law. It's an ancient law now so happened anymore.
But anyhow, they had to pass a law which said
(19:24):
that everybody had the right to a credit card if
they have the money. And I am just looking up
the exact name. We don't need it anymore, but it
is the eve.
Speaker 1 (19:47):
She oh a.
Speaker 2 (19:58):
The had an Opportunity Act, no wonder I didn't memory,
and that was passed in nineteen seventy four because there
was such a problem, and it was called the Credit
Opportunity Act that makes it unlawful for any credit or
(20:22):
creditor to discriminate against any application. And then at the
race color, religion, national origin, sex and law, and marital status.
(20:43):
In other words, your husband couldn't stop you from doing that.
Speaker 1 (20:48):
Well, that's that's interesting the year nineteen seventy four, because
I think back then women were starting to go into
the workforce more and more in the early the mid seventies. Yes, yes, yes,
and you know they wanted credit. Matter of fact, this
makes me this conversation reminds me of all of the
(21:11):
Family episode which I used to love to leatch all
in the Family when Archie was out of work and
Edith wanted a loan or she wanted to buy a TV.
She wanted to buy something. The bank wouldn't give her
a loan because she was a woman, and that that
episode was about she couldn't get it without Archie being there.
(21:36):
I think she makes she wanted a surprise. Maybe it
wasn't at work. I think she wanted to surprise him
with the TV set for his birthday or anniversary and
she couldn't get it. And I remember, well, I brought
my first car in nineteen seventy nine. I had to
have my father co sign even though I was twenty
(21:58):
twenty one. My father had a coach sign, so it
was really difficult for women. You know, if you were
divorced back then, to go get credit and have credit
in your name had to be very difficult.
Speaker 2 (22:20):
So well, I was fortunates. I had a sealthy savings savement,
so that was always back me up. What is though,
I find interesting, and a lot of people are not
(22:40):
aware of it, that women started to go to college
during the Second World War. Because what happened is family
usually saves up money for the sun to go to college,
and if there was enough left space, the daughters, but
(23:02):
the son always had first did on that. So what
happened during the Second World War, First of all, the
young boys were away, so the daughters went the sent
to college and sometimes unfortunately they died, they got killed,
(23:27):
so that money went to the daughters, to the daughter
to go to college. But what was even more helpful
to women was that when the gi Bill of Rights came,
it liberated that savings account for the daughters to go
to college. Oh and that kind of helped them to
(23:55):
get jobs because they could study specific for to such
a work. Yes, and that helped change.
Speaker 1 (24:10):
There was you know, we I'm a baby bloomer, but
the younger generation they may not realize how difficult it
was back then for women. I mean, in my mom,
she was born in nineteen thirty, she lived at home
till she got married. And back then, you know, most
(24:33):
women got married pretty much out of high school. You know,
my mom was. My mom was twenty two when she
got married, and she was considered like a spinster at
that time because because she wasn't married. I mean, that's young.
You know, today we'd say, oh, yeah, you know, that's
(24:54):
that's young to get married. But she you know, went
to work. But back then it was you know, you
went to high school when it didn't go to college
because they figured why waste the money, you're gonna get
married and didn't have a family, and then that education
is you know, I'm not gonna be put to use.
(25:14):
But I'm sure glad that thinks have changed since they needed.
Speaker 2 (25:20):
Yeah, well there wasn't other aspect to her too, though.
The wealthy families did send girls during those years to college,
but they went to find an mrs. Yes, yeah, that's true,
(25:47):
that is true. Yeah, so most of them, you know,
we're sent to find a suitable husband to college.
Speaker 1 (26:02):
Yes, and you know it's I'll go ahead, is.
Speaker 2 (26:08):
Now I was just say, it's changing a lot of
dormitory so changing to their co ed the kids said,
don't always stay in dormitories. They rent an apartment. It's
it's all different today, and and yes, good, that's different.
Speaker 1 (26:28):
Yes it is very much different. When my sister went
to college, her dorm was co ed. They it was mixed.
And you know, back then, as my mom was growing up,
and even when I was growing up in the sixties
and seventies, you know, it was the mentality that you
(26:50):
needed a man to validate your worth. You know that
it was not okay to be a single woman. Uh,
that you needed, you know, a man in your life.
That's not so today. We don't need a guy to
validate our worth and we know our worth or hope,
(27:12):
I hope people young women know their worth. But I
did it. Really when I was younger, Edith, I was
naive because that's how I was brought up. I also
got married at twenty two, and no looking back, that
(27:34):
is too young. Now women getting married in their thirties
and even later, or not get married at all, living together.
Speaker 2 (27:43):
What really changed everything. I really feel that medicine does
not get enough credit. So liberating women because takes a pill.
That changed everything. Yes, I mean when I went to college,
(28:07):
I went to college and Boston, and Boston did not
permit contraceptives. You had to go out of the state
to get it. And so really, you know, my talents
(28:27):
were worried if I might get pregnant and have an
unwanted pregnancy. And that all changed with the pill. Of course,
now some states, I understand, are protesting the pill.
Speaker 1 (28:55):
Well, there was in mind of a story Loretta Lynne,
the famous country singer, she had a song called the Pill,
which they didn't allow on a lot of country stations
back then. Came out probably in the early seventies, and
you know, the song is about she's free now she's
(29:16):
not going to get she's done having baby because she
had a lot of kids. She started young too having children.
And this song was very controversial at that time. But yes,
you're right now, the pill liberated women and size abortion
(29:37):
at that like in the row versus way was one
in the early seventies of seventy three, maybe them around there.
Speaker 2 (29:49):
Tell you something. Women always had abortions even yeah, when
it was legal, and there were ye who did it.
You just have to connection.
Speaker 1 (30:02):
Now that's true. My grandmother told me the story Edith
her sister. She was married, but she had gotten pregnant
again because she didn't want the kid, and she had
you know, and you're talking like in the thirties, maybe
it was the forties. She had it. Well, it was illegal,
and she found a doctor and had an abortion, and
(30:25):
that was, you know, way back.
Speaker 2 (30:29):
My mother in law told me that she had I mean,
I know, she had three children and they all were boys,
and obviously I'm married one of them. And she told
me that she had three more pregnancies and she said
(30:53):
I didn't we couldn't afford six children. And she had
sweet abortions. Now, I asked her, how did you do it?
She said, my doctor did it. He put down that
the procedure was something that had to do with my
bladder and he was fixing it.
Speaker 1 (31:19):
Wow.
Speaker 2 (31:20):
I had another cousin who actually never wanted to have children,
and she had a surgery to remove whatever they had
to remove so she couldn't get pregnant. And she she
(31:43):
told me that that surgery was called appendicytis. She also
had an appandix taken out. But yes, wow, yeah, they
did what she wanted.
Speaker 1 (32:03):
Yeah, Yeah, there was also homemade remedies too. My mom
told me about that. I don't know what they were,
but they did not always work, right, Yeah, that's true.
When my mom they came pregnant with my younger brother.
(32:29):
You know, my mom already had the three of us
in the fifties and here comes my brother. You know,
he was born in sixty three.
Speaker 2 (32:36):
My father.
Speaker 1 (32:38):
Well, my mother told me also that she tried to
abort the pregnancy. She tried homemade remedies that you know.
I didn't ask her what they were, but it didn't work,
and my brother was born. I'm sure she's glad that
he was because he was her favorite. So my brother
(33:01):
brought her much joy and three granddaughters. So it's you know,
just you're right, medicine, women or more independent now than
I relying on a man for income. Uh, they're not.
(33:24):
You know, they're in a relationship and hopefully they realize
that they are being abused to get out. They're not
putting up with a lot of stuff that women did,
you know, way back when, because you didn't get divorced, right, yes,
(33:45):
which yes.
Speaker 2 (33:47):
It's great. Yeah, but I've heard horror stories. I mean,
I know.
Speaker 3 (33:59):
I had a friend and She told me that one
of her Fitch partners was very unhappily married and her
parents did not want her to get divorced, so when.
Speaker 2 (34:13):
They passed away, they left all the money to him.
So she said, oh my goodness, Yeah, that's.
Speaker 1 (34:27):
That is because like the women were properties, you know,
way back when they were considered the property, didn't.
Speaker 2 (34:37):
Trust her what it was, and they felt that the
husband was to a boat. But still it's and I
understand that that was quite prominent that it was done. Wow. Yeah,
(35:04):
the girl was considered you know, a bad girl for
wanting to get divorced.
Speaker 1 (35:10):
Oh yeah, yeah, because that wasn't even heard as you know. Yeah,
just to tell the younger women who are listening to
this that, you know, way back when women put out
with abuse because they didn't have really options. There was
no shelters back then. There wasn't any place they could go.
(35:33):
Maybe if their family they could go to, but a
lot of times not their parents might have said no,
you're married now, and they were considered their husband's property. So,
as the saying goes, it's come a long way, baby, right, Well,
(35:57):
so and so, and I think it's especially important either
for women to know how to invest so they can
have savings, had their own money, their own income, and
if they want, they choose to desire to keep that
(36:20):
separate from their husband's income, then that's you know, their prerogatives.
Speaker 2 (36:29):
Yeah, well I kept I told my husband to be
said I was going to be a writer and I
would only get married if he that was okay with him,
and it was. But as I succeeded, he felt very uncomfortable.
(36:55):
And if I have given up writing, I think my
marriage would have succeeded. But I didn't want to do that.
And it's it's very often the ego thing mm hmm
that men feel inferior if their wives make more money
(37:21):
or if their wives are more successful. But that is
changing too, because today there are fathers who stay at
home so the whites can work.
Speaker 1 (37:37):
Yes, yeah, everyone has to do what they need to do. Yeah,
for their situation.
Speaker 2 (37:45):
Yeah, and actually some mega really quite good at this.
Speaker 1 (37:55):
Yes, some better than the women. Right, Yeah, there's yeah,
there's you know, ever works for a person's situation. Everyone's
situation is different. You could your husband. Someone says they
might have a job where they could work from home,
and they could work from home while doing childcare. Especially
(38:19):
you know, they don't.
Speaker 2 (38:23):
Even have to work. I have I have a friend
who who had had a very successful career with magazines,
and she had to travel a lot. So her husband
took care of the children and he didn't work at all,
(38:44):
And then when the children were grown and he could work,
she had to remind him. She says, you know, you
could get a job.
Speaker 1 (39:00):
I heard it suggested. You can tell me what your
opinion is on the theist that women do keep some
money a separate if they are married, or maybe they
have a joint account with their significant other, that they
keep some money separate in case they do have an emergency,
in case they do have to lead their partner or
(39:21):
a husband, Yeah, to put some money away. What do
you think of that?
Speaker 2 (39:29):
I don't know why I have to kind of think
through that.
Speaker 1 (39:34):
I never did it.
Speaker 2 (39:37):
I know my son and his wife they keep their
money in one pot, but they have a very good merite.
So back for.
Speaker 1 (39:52):
Yeah, I never heard of doing that. You know, when
I got married forty six years well now forty five
years ago, it would have been so that's something I
never thought of. I mean, I didn't hear about that
until either my husband was really sick or he might
have died, but I never heard of that. I wasn't
(40:13):
even thought of back then, you know, like got married
in nineteen eighty.
Speaker 2 (40:19):
Yeah, But I want to tell you something. I was
born in Switzerland, actually, and when when I got married,
and I didn't get married in Switzerland. I got married
in the United States, and I grew up in the
United States. But I am the Swiss are very loyal
(40:43):
to anyone who's born in Switzerland, so once the Swiss
always is Swiss, even if you become another citizen, if
you take on another citizenship. But when I got married,
there was a Swiss law that unless you had a
(41:04):
serious prenuptial agreement, you could not inherit money. Your husband
was in charge of your inheritance. So I got married
in the United States so we didn't have to worry
about that. But then as my father got older, my
(41:29):
mother passed first. As my father got older, he saw
that I was not happily married, and he kind of
foresaw that I probably would not say in the marriage.
So when he passed away and I went to the
(41:52):
various banks where I had inherited money, banker said to me,
your father was here before he passed on, and he
made but in our notes that you are an American
(42:13):
citizen and are to be treated as an American citizen.
And that is the only way I had an inheritance.
Speaker 1 (42:25):
Well, that's that is that is history. It is yeah
that you know, you wouldn't have been able to have
inherited your father's money. He wanted you to have that.
He didn't do that. So that was great that your
father did that.
Speaker 2 (42:45):
Yeah, he did, he did, and so but that was.
Speaker 1 (42:56):
For these American thanks or Swiss thanks with banks.
Speaker 2 (43:02):
My parents went back to Switzerland they liked in their
old age, and they died in Switzerland, and I was
buried in Switzerland. So obviously he had his money there
m h. And so he handled it hell so that
(43:28):
he wasn't sure how it would happen when he died,
so he made sure that they knew that I was
an American citizen.
Speaker 1 (43:42):
That was very good planning on your father's part, and
that shows how much he loved and cared for you either.
Speaker 2 (43:52):
Well, yeah, but he also was ahead of his time.
He you know, there was no question but that I
would go to college, and my brother too. There was
no question that I could have a career and the
(44:16):
college I went to is interesting. There was a mister
Simmons who was men used to have custom made trousers,
and mister Simmons had them made that men could buy
(44:39):
them in the stores. And trousers used to be around,
you know, not a crease on the side, and when
they began to make them in quantity, they put a
crease in because it was easier on each side. And
so known as a man who put a crease in
(45:02):
men's trousers. Anyhow, he had a load of money and
he also had a good heart. He saw that women
were underpaid, that women really got not good jobs, and
(45:22):
he felt that there was a college needed, not like
Wellesley or Ratcliffe which is big on liberal arts, but
one where you had liberal arts and also a career,
studied for a career. And so Simmons today, Simmons University
(45:46):
today is the only university that has a business school
only open to women. Well Simmons was started in MIT
and then it was moved to its own property. But
(46:09):
the MIT is kind of their brother college. But I
loved that school because I was able to. I took
quite a bit of business because I had not met
(46:29):
my husband yet. But I had a gut feeling that
someday I might have to support myself. So I did
not take writing. I took business, and then I also
took Liberal Arts. So the Liberal Arts was wonderful, and
(46:51):
the business I tolerated and it really made a difference
in my life.
Speaker 1 (47:01):
I did not know that about Simmons University.
Speaker 2 (47:05):
Yeah, yeah, well it has evolved. For example, today they
have a communications center where you learn everything about writing
and how to be a freelance writer, how to write books,
and how to use tech in writing. And you know,
(47:28):
it just has wrong. But how it started I thought
was interesting. Yes, yeah, that is interesting.
Speaker 1 (47:38):
I didn't know that. Why. Yeah, I feel like you're
are a history book, Edith, and I so enjoyed talking
to you. And the time goes by so fast. Where
can people purchase your book to invest successfully? Terms you
(47:58):
need at your fingertips.
Speaker 2 (48:01):
Obviously, Amazon, Bond, Nobles, you can just go online. I
do have a website, yes, I'll ask about this, and
it's called Books and Essays for the Curious Mind. And
(48:25):
there you can see all my books and where to
buy them. And it's called focus an Essays for the
Curious Mind. Let me tell you quickly about the essays
I've written, essays for The New York Times, the Denver Post,
and on and on, and some of those essays are
(48:47):
in that website. But then if you click on books,
it shows you all the books you can buy.
Speaker 1 (48:56):
Excellent. And I know your work is extensive. That's I
would could I could talk about your work, all that
you've done for probably more than an hour. That's why
I like to encourage the audience to go on Google,
look you up, go on your website because there's so
(49:16):
much information. Edith Lynn Hornick Beer is a wonderful resource
of information and has done much to contribute to society.
And thank you Edith for spending time with me today.
Speaker 2 (49:36):
Thank you.
Speaker 1 (49:37):
You are welcome. You're welcome. My pleasure, the honor and
pleasure to have you on Edith and spending time with me.
You are the pleasure to talk to and I learned
information from you, and that's why I have interesting guests
(50:01):
of my show so we can learn and.
Speaker 2 (50:07):
Your shows too.
Speaker 1 (50:10):
Thank you, Thank you so much. All the information about
Edith Lynn Horneck Fear that's spelled b e e R
will be in the blog that Jeanie White, who's the
station manager as she writes and produces the show. And
I want to thank Lillian Caldwell, who's CEO of Passion
World Talk Gradio Network, who makes this all possible. And
(50:32):
I want to thank you the listeners. Thank you for
listening sharing the show. If you know the ready subscribe
to Chatting with Betsy, please do so with for free.
I'm on Spotify, Spreaker, Amazon Music to name a few.
If you have Alexa, you could program Alexa to hear
Chatting with Betsy and share the show because I want
(50:53):
to help as many people as possible, and I have
wonderful guests on that are experts in their fields, in
their areas, and you don't want to miss my shows.
And if you want to follow me, I am on
Facebook bets Worzel w r z e L. And thank
(51:16):
you again for listening. And as I always say at
the end of my show and a world where you
can be anything, please be kind, shine your life right
because we need it now more than ever before. This
is Betsy Worzel. You're a host of Chatting with Betsy
and pastor Roll Talk Radio Network, a subsidiary of Global
(51:38):
Media Network LLC. Be safe everyone, Bye bye now
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