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Marketplace All-in-One

How to negotiate

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 18 April 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

How do you get what you want and the pay you deserve? Host Yanely Espinal talks with career coach and personal finance writer Mandi Woodruff-Santos about the ins and outs of negotiation and how to start building these skills long before your first job offer. 


Think you’re financially inclined? Dig deeper into negotiation:




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Thanks for listening to this episode of “Financially Inclined”! We’d love to hear what you learned from it or any questions you’d like us to answer in a future episode. You can shoot us an email at [email protected] or tell us using this online form.


This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up today for a Greenlight account.

Transcript

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0:00.0

Hey, parents and teens. This episode of Financially Inclined is presented in partnership with Greenlight, the debit card and money app for teens. Negotiations are an everyday part of life. It's a skill that is often used for job offers, but teens can also negotiate around everything from chores to how to divvy up a big group project.

0:26.9

With Greenlight, teens can practice negotiating their goals and managing their money with confidence all in one app.

0:30.3

Start negotiating your financial future today.

0:34.1

Get $10 by signing up at greenlight.com slash inclined. What's up everybody? I'm Janelli Espinal, and this is financially inclined.

0:38.9

What's up everybody?

0:42.8

I'm Janelli Espinal, and this is financially inclined for Marketplace.

0:46.1

We're sharing money lessons for living life your own way. Growing up, I found negotiating so intimidating. I always thought the price you see is the price you pay.

1:04.4

Or when you get a job offer, you should just be grateful for it. But now I know it doesn't have to be that way. Today, I'm talking with

1:13.1

writer, podcaster, and career coach Mandy Woodruff Santos about the ins and outs of negotiation.

1:20.8

Mandy is an expert negotiator who helps her clients advocate for themselves in their careers

1:25.9

and beyond. So I know she'll have great tips to share.

1:30.8

All right? Let's get into it. Okay, tell us, like, why is it that so many people think, and you

1:36.4

probably agree, that negotiation is one of the most important skills that you could have?

1:40.5

Well, first of all, I think that kids from a young age are taught to be quiet, be respectful, remind their manners, etc.

1:46.7

And that can really, like, dampen their self-advocacy muscle.

1:50.5

And I have to help heal those childhood wounds of the women that I work with every day so that they can be brilliant negotiators.

1:59.8

And I think it also starts by removing the stigma

2:02.6

of negotiation. Even that word just feels like a briefcase is somehow involved. It's just not at all.

2:09.9

It really is about, okay, what do I need from a situation and what does the other person need

2:14.6

from a situation? And how can we meet in the middle? And that's a really crucial, I think, skills to be learning ASAP.

2:21.6

Yeah, I like that you said, like, is any situation?

2:23.9

Because I do feel like every time I hear negotiation,

...

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