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Captain
Race the rudders. Race the sails. Race the sails.
Emma Paty
Captain, an unidentified ship is approaching. Over.
Captain
Roger, wait. Is that an enterprise sales solution?
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Farnoosh Torabi
So Money Episode 1795 Survival, Money and Motherhood. What happens when everything falls apart?
You're listening to so Money with award winning money guru, Farnoosh Torabi. Each day get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers and from Farnoosh yourself looking for ways to save on gas or double your double coupons. Sorry, you're in the wrong place. Seeking profound ways to live a richer, happier life. Welcome to SO Money.
Emma Paty
It was so important to me to make this book, to set it in the immediate hours minutes after the earthquake. Because I wanted to show what happens to people when there are no phones, there are no cops, there are no ambulances, there is nobody to help you. There is nobody who knows anything. There is no information. All you have is are humans together.
Farnoosh Torabi
Welcome to so Money everybody. I'm Farnoosh Tarabi. Imagine this. You're nine months pregnant, shopping for a crib at Ikea and suddenly a massive earthquake hits. You got no phone, no keys, no way to reach your family. Just the immediate reality of survival. That's the premise of Tilt, a gripping new novel by Emma Paty that forces us to ask, how does financial precarity shape survival? What happens when class determines who makes it out and who doesn't? I'm talking to award winning journalist and climate crisis storyteller Emma Paty today, whose novel Tilt is as much about disaster as it is about money, resilience and the choices we make when everything changes in an instant. We're unpacking the financial fears that show up in moments of crisis, why money is a survival tool, and the hidden ways that class shapes our disaster response. Plus, Emma shares her own experiences with money and motherhood. Things that she wishes she had known before having children. Let's div.
Emma Paty
Emma Pati, welcome to so Money. Thank you, Farnooche.
I'm so happy to be here.
You're an award winning journalist, a climate crisis storyteller, and now you have a very highly anticipated book called Tilt, which takes readers on a really intense and thought provoking journey through a single day in post earthquake Portland. You write the most amazing nonfiction. I've read a lot of your nonfiction, a lot of your memoir driven storytelling. This is a fictional book, but it's rooted in a lot of truth. Tilt is about a natural disaster that disrupts everyday life. At the center of it is Annie, who is very pregnant. Tell us about the genesis of this book and why you wanted to write something that was a narrative fiction book.
Yeah, definitely. I think that many writers have this where they maybe are more well known in one genre, but they have a lot of love for another genre. I definitely spent many years in my twenties trying to be a poet. There was the playwriting years in my teens, so I don't. It wasn't as much intentional choice to move to fiction as much as just such excitement about story. Whenever I come across a really exciting story, whether in my own mind or finding it out in the world or there is that question of what genre is best to tell it in. Tilt opens with Annie. She's nine months pregnant, shopping for a crib at Ikea. A massive earthquake hits. This specific earthquake is a real earthquake. It's the Cascadia quake, which we are waiting on here in the Pacific Northwest supposedly. And there's a 30% chance that's going to hit in the next 50 years. When it hits, it's going to be the worst natural disaster to ever hit North America. When Annie emerges from the rubble of Ikea, she has no phone, she has no Keys obviously very pregnant and she has to reckon with what she will do to survive.
She has both physical and emotional survival challenges in that moment. And because this is a money show, I'm curious, what are the financial fears, housing, healthcare, savings that are heightened in that moment of crisis? It may seem weird to think about money, but money is survival and it's re. It's a resource. So what is compromise for her in that moment?
I'm so glad you asked that. You are the first person to ask. Well, money is really threaded throughout the book. You and I know each other from the finance space and financial interests are core to my life decisions. Was very important to me that the book touch on that. And so it actually opens this opening scene. She's at Ikea and talking to her baby about how she's shopping for a crib she really can't afford and what it means to be buying a crib at Ikea and not West Elm and not the Snu. Right immediately in. In motherhood, we are all so faced with capitalism and economics. Whenever I'm talking to people about motherhood, I always say, beneath every decision about motherhood is actually a decision about money. People don't talk about that. They don't talk in those terms. And yeah, the money is very central to the story. Annie has no money. They're really living paycheck to paycheck in a city, Portland, that has changed so much. And many people from Portland can really no longer afford to live here and are hanging on with their fingernails to a city that has left them behind. And Annie and her husband are people like that. And so she's recounting to her child, here's how much money we have in our savings. Here's everything I have to my name. Here's our credit card. And she says, I have credit cards that I'm going to die before I pay off. And she's holding that at the same time that she's trying to google how toxic the IKEA mattresses are based on price. If I buy the cheapest one, is it gonna kill off my kids brain cells from the first page? Money is really core to this book and class and economic circumstances. It is one of the most central themes. You are the first person to have cold.
I appreciate that in your work so much. Sounds like Annie's already having these existential questions around money. How do you hold in balance? And this is just maybe a personal question for you or you've done some research on this, or maybe through Annie you can tell us the answer. People often say to me, why should I pay off my credit cards if climate change is going to end the Earth anyway? We'll have bigger problems than my credit card debt if we're all melting. And yes, that's true, but you see what I'm saying. People are struggling with the existential and what their responsibilities are today. Trying to hold both in balance is very difficult. And then sometimes the doom and gloom makes it so we justify. What's the point? What's the point in trying to make more money or get out of this hustle like it is what it is.
Yeah, I get that so much. I'm a climate journalist.
So much.
You hear that same response. It is a really large misunderstanding we have about the climate crisis and natural disasters in general. As we saw in LA with fires, with the man tweeting, are there private firefighters that we can hire to save our neighborhood? We'll pay anything. Right. It takes about 1 nanosecond between a disaster and for it to become about money and class and power and resources. When people say that to me, I say, climate change 100% is going to fall along class lines and economic lines. And. And they'll say, yeah, what does it matter? What does it matter when the world's on fire? My money won't matter when the world's on fire. The world is already on fire. The people being most horribly impacted by that are the poorest people. People will say, melting. People are already melting. There are horrific heat waves in the Middle East. There's heat that you cannot survive in places where people have no resources. And I say the same thing when someone says to me, oh, so are all of our kids gonna die because of climate change? And I say, oh, a lot of people's kids are dying right now because of climate change. And I can't enter into a conversation that sort of ignores the reality that sort of the. The poorest people in the world are facing. How do I grapple with it myself? That's a more challenging question. I pay off my credit card. Yes, you should always pay off your credit card.
Control what you can control. I think part of it is like your brain is also trying to hold on to certainty.
Yeah.
There's so much that is not within our control. And you can easily spiral when you think about the future and even what's happening today. Hanging off your credit card could actually be the sanest thing that keeps you marching.
Writing this book, I started to learn about how much community and I wrote this book starting in 2019 through 2020. I was very involved in the protests here. And I became interested in mutual aid. Mutual aid is a way in which a community supports itself outside of government funds. There's obviously more complexity to it than that. But its simplest terms I really started to understand surviving the climate crisis and the way I talk about survival in my book, that there is a power bigger than class and bigger than money. And it really is about community. It's really about knowing your neighbors, building these little hubs of connectivity and resources and camaraderie. And so I think that for me, I think has shifted the conversation a little bit of what mutual funds to invest in that are going to escape the climate crisis and a little bit more of how can I invest more in that kind of community connection. Here in Portland, we have a huge emergency response volunteer team in every single neighborhood. When you stop thinking about investment monetarily, the idea of where to invest to prepare for the climate crisis can become more about those types of connections and.
Relationships and being less external and more internal about investing resources. Portland is a very vulnerable area that that quake you're talking about in 50 years. I think the New Yorker wrote about it. It's one of their most read articles of the decade.
When the Pulitzer. Yeah, the Pulitzer.
It's haunting and I will link it in our show notes for those who want some context. But Portland, I'm curious how other parts of the country, how Portland mirrors what's going on everywhere else where you talk about the inequities, but also the coming togetherness that we can all strive for.
Yeah, it's really interesting. So Portland is very vulnerable to this earthquake, but Portland is actually considered a climate haven. There's a few places in the US identified as places that are going to fare very well over the next 50, 100 years. And Portland is one of them. I would say that something, you know, Portland gets a bad reputation for being a little bit performative. Right? Like, we're very big on our bumper stickers here. We're very big on doing and saying the right thing. And I totally understand the eye roll of that. And I have rolled my eyes at that. I've lived in Portland a long time. I grew up here. And so I have rolled my eyes at that as Portland became Portlandy. That wasn't the Portland I grew up in where people were saying and doing the right thing, but port there became something a little bit different. But you know what? I have really reconciled with Portland and I've really come back around to, I think C is a really strong sense of civic duty. Sometimes what frustrates me about Portland is a lot of activism here can feel kind of small fries. What I see happening in New York can be a lot better organized, larger scale, more ambitious. Then I come back to Portland and I can feel like frustrating while we're all sitting in a circle crocheting for climate peace. What are we doing? But I really started to have an appreciation for that type of real small scale local support. And I think what we saw with, I'm going to say Hurricane Milton that hit North Carolina, or was it Hurricane Harvey?
We have to get to hurricane.
I think what we saw with the hurricane that hit North Carolina, like we saw that there are sometimes long periods of time where there is no national response and all you have are your neighbors and each other. When we're talking about activism, we need to be talking global, ambitious, large scale. When we're talking about ways that I think that communities can start to prepare, we need to be thinking more localized and we need to be thinking more small scale and we need to be thinking immediate. And it was so important to me to make this book, to set it in the immediate hours, minutes after the earthquake, because I wanted to show what happens to people when there are no phones, there are no cops, there are no ambulances, There is nobody to help you. There is nobody who knows anything. There is no information. All you have are humans together. That to me not only is incredibly interesting, but it's incredibly realistic. This is exactly what we see over and over again every time there's a natural disaster or even sometimes a non natural disaster. There's a reason that I chose to set my book in the hours after the earthquake. It opens up minutes before the earthquake and it goes that first. And I really wanted to show what happens when there are no phones, no cops, no ambulances, no hospitals, no information. There is nothing but humans all together trying to figure out what's going on, trying to survive. That not only is very interesting to me to write about and learn about how humans act in disaster, how humans act in the worst of times, it also is very realistic to every natural disaster that we see on tv, right? We just see this over and over again. There is this gap before there's an official response. Nobody knows what's going on. All you have is yourself and the people around you. There's been so much focus on the yourself part of that, right? There's been so much like GI Joe, Indiana Jones focus, I wanted to subvert that. The idea for me was about a retelling of that story, subvert that and show what happens when you're not Indiana Jones. You're nine months pregnant, exhausted, scared out of your mind. What happened then? And for me, that was about communal connection.
Farnoosh Torabi
We will hear more from my guest Emma Paty about how disaster, climate change and financial survival intersect. But first, a quick break.
Susie
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Emma Paty
In writing my book, A Healthy State of Panic, although not fiction, I tried to make it very story driven and having kind of an arc to the book, the narrative. And I read this incredible book on how to do that and I can't remember the title. Now the takeaway for me was when you're starting out developing a book, it really helps to think of how you would answer this question. What if this happens in my book and then this happens in my book. So what was the what if of til? Like what if a woman who's about to give birth falls into the rubble of IKEA at this massive predicted earthquake in Portland? But what if that happens too? What were the two things you were holding in balance? I want to give readers almost like a trailer to tilt.
Yes, in a world. Now I'm very curious what book that was. If you remember the book, I will find it.
I'll definitely find it.
Okay. I'm so curious. I love books about craft and writing. Definitely. The idea came to me when I was 9 months pregnant shopping for a crib at IKEA. Literally we share different circumstances and different career circumstances, but for me, I had this experience of being very pregnant shopping for a crib at Ikea and the building started to shake and I thought, oh my God, it's the big earthquake. Which was one of my big fears. And it was like a truck driving by that had a bunch of furniture in it. There's a concept called compressional waves, which essentially is that right before an earthquake, about a minute before, there will be this kind of jolt, you know what that is. You have basically one minute to run and get somewhere safe. And then the shaking began. Knowing that I was a big earthquake nerd. I'm so pregnant, and I'm at Ikea, and I feel this thing. I was like, am I gonna just start running crazy through the crowd? I was too embarrassed and too unsure. I didn't pass my own survival test. When the building stopped shaking, the book had arrived in my mind, fully formed at that point. This is the book I'm gonna write. And I wrote, I had my kid a few weeks later, and when he was about eight weeks old, I wrote the first chapter of the book that is essentially the first chapter as it is now.
Oh, my gosh, I can't wait to read all of it. It's called, by the way, the book that I was referring to is called Story Genius. Yes, I have this, but I have Lisa Cron. Lisa Cron. I want to shift gears a little bit to talk about motherhood with you and money and get your perspectives. You wrote a Vogue article on your prenatal depression that resonated with so many parents. How did that experience shape your views on the emotional and financial stress of starting a family?
I wish someone had told me when I was pregnant to think less about everything. I was thinking about birth, what kind of a parent I was going to be, my pregnancy health screen time. I was obsessed with screen time. And just think about childcare and who was going to pay for that childcare and how the cost of childcare was even going to get talked about within the home and within the marriage and with two working people. Nobody told me that I had an entire nine months of being pregnant completely. Didn't even think about childcare or perceive it as an issue. And then I was in for a very rude awakening. I think when I was pregnant, I was really scared that my career was over. When I speak to my friends that it's common.
It definitely feels. And I'm now going 10 years back. I think things have. And you're a recent mom, so I'm.
Surprised to hear that. Six years.
Mint Mobile Voice
Six years.
Emma Paty
Okay. Things are changing fast a little bit. But still, this is before, like, you could be a content creator and you could be working at home all the time. Before the pandemic. The pandemic changed a lot of the kind of relationship that we have, the culture that we have around work and parenting, for sure. Especially because men started increasingly being a part of that conversation and advocating. So that was, it's always the case.
Right.
You need everybody to be in, in on the cause. But I remember to your point, feeling like I had to preemptively take care of so much before I, I, I had gotten a book deal also around the time that I became pregnant. And I was nervous to tell my publisher because I just assumed that they were going to write me off. Like, oh, she's never gonna market this book. What a waste of money we just gave her. I felt like I had to go give that announcement along with my checklist of things that I was going to take care of because Farnoosh is still accountable. I was worried that everyone was going to write me off for sure. Whether that was true or not, it was just what I thought.
Totally. I had the, yeah, very similar experience. I didn't tell any of my editors I was pregnant. I think I pretended I was on vacation. I turned in a story in the New York Times when My kid was 7 days old. For my second kiddo, I had a call with one of my editors two hours before going into labor. I've always felt a lot of pressure and that is a trap. Right, because it helps us individually, but it sets the bar that then hurts other people. Like I, I want to say that out loud. I'm not trying to give myself accolades for doing these things. I, I'm really trying to highlight this, the intense amount of pressure and scarcity. When I was pregnant, I felt like I will never have another career accomplishment probably in my life. I had come from a long line of women who had given up their dreams, specifically dreams of becoming writers to have kids. My mom, when my mom got pregnant, she tells a story that she worked as a journalist at a paper in San Diego and she and another journalist went and said, can we split a full time reporter job? Can we'll each do half and you only have to pay us half? Can we just split it so that we can each be part time moms and be part time reporters? The editor said no and they both became stay at home moms. It's sad to think how little it would have taken to keep so many people in the workforce able to pursue their dreams and share their talent with the world and how much inflexibility there was. Yeah, I think that was my state of mind around money and around career. I'm a money person. I'm A spreadsheeter. I did a lot of spreadsheeting. I don't know that I reckoned with the amount of privilege and financial context that goes into having exactly the birth you want at exactly the birth center you want. Getting acupuncture a few times a week. I didn't understand that you wanna have a successful breastfeeding journey that might involve private lactation. You're spending thousands of dollars. It might involve a delayed return to work. I actually thought that nursing or not nursing was a choice for some people. It is a quote unquote choice. But beneath that choice is just. It's just money realities, and we don't talk about that stuff. And I paid thousands of dollars in private lactation and I got a night doula. We spent so much money, money we really didn't have to spend. Only then, in hindsight, being able to talk about how positive my postpartum experience was, how positive my birth was, how positive my breastfeeding experience was, did I connect the dots between how much. That was really just about an enormous amount of money.
And so back to Annie, who you inspired. She's the heroine of the book. What is the message that you hope she delivers to the readers? What is the inspirational hope, the message that you want through her to be delivered to your readers and particularly your women readers?
Yeah, so actually, the core message, I think, is really not gender specific. This comes back to your question about the what ifs. I was interested in this idea of these shock points, these moments in our life where we're jolted out of reality and you have this opportunity to change your life. And so, yes, like the what if is that, oh, what if this pregnant lady's at IKEA when the earthquake happens? But the what if also is like, what if she's really disappointed about where her life has ended up? What if the earthquake gives her this chance to reimagine everything she understands about her career as an artist, her financial precarity, her role as a mother, about her connection with her community, with other people, about her marriage. And so for me, the message I'm hoping to leave with people is that idea of, if that was you, if your whole life got turned on its head tomorrow, what would you change? That split second of I can't believe I never did this, or whatever the thing is, it's time to leave my job, whatever that thing is that pops when you have that kind of life or death scare. And so, yeah, that's really the core message of the book.
The book is called Tilt, which is so perfect. Such a perfect. Did you. Did that title just come to you also as you came up with the story in ikea?
The title was actually quite a fight, and I did not come up with it. My editor, who is just a remarkable person, a really visionary editor, she's also a publisher. She's the head of her own imprint, Mary Sue Rucci, she came up with the title for me. I had another title. I really didn't like it.
What was it? Can you tell us what was the title?
Oh, yes. It was announced when they bought the. The title was Animal Sounds. I was interested in the way that people often say, oh, when you give birth, you're gonna start making crazy sounds like animal sounds. I was really interested in this idea of moving to some more primal place, but it just wasn't the right title. And I kept saying, it's not the right title. Is that the right title? And I would send over new titles and they would be like, oh, Emma, these are awful. I think at one point I suggested Shake, and they were like, oh, no, Emma, that's so bad. Totally fair. I was desperate. And then my agent, my editor, I guess one night got on the phone together, cracked a beer, and just hammered this thing out and came up with. With Tilt. And it really is the perfect title. And I've had early readers email me and say, oh, it's incredible how much the word tilt shows up in the book. That was intentional, right? And then I have to say, like, no, the book was completely finished.
The title was always there under your nose.
Yes. The title came out moments before it went to press.
Wow. I love it. Everybody pick up the book. It's called Tilt. And I'm gonna put it out in the universe, as I'm sure many people have, including you and your publishers. But like Reese Witherspoon, can you turn this into a movie or a series or a hbo Max, Like, I want to see Annie in the Ikea.
I'll put it out there. I'm right there with you.
Farnoosh Torabi
Thanks so much to Emma Paty for joining us. Her book again is called Tilt. If you love what you're listening to, please leave us a review in the Apple Podcast review section. It is the number one way to highlight this show and let everyone else know. This is the show. This is the podcast to get your financial inspiration. Thanks for tuning in, everyone. I hope your day is so money.
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So Money with Farnoosh Torabi
Episode 1795: Survival, Motherhood and Money. What Happens When All Falls Apart?
Release Date: March 3, 2025
In Episode 1795 of So Money with Farnoosh Torabi, host Farnoosh Torabi delves deep into the intertwining themes of survival, motherhood, and financial stability during times of crisis. The episode features a compelling conversation with Emma Paty, an award-winning journalist and author of the gripping novel "Tilt." This novel explores the harrowing journey of Annie, a nine-months-pregnant woman navigating a post-earthquake Portland, where financial precarity and survival instincts collide.
[02:10] Farnoosh Torabi:
"Imagine this. You're nine months pregnant, shopping for a crib at Ikea and suddenly a massive earthquake hits. You got no phone, no keys, no way to reach your family. Just the immediate reality of survival."
Emma Paty's "Tilt" sets this intense scenario as its premise, offering readers a narrative that intertwines disaster with the intricate dynamics of money and resilience. Through Annie's story, Paty examines how financial stability—or the lack thereof—plays a pivotal role in survival during catastrophic events.
[04:22] Emma Paty:
"Tilt opens with Annie. She's nine months pregnant, shopping for a crib at Ikea. A massive earthquake hits—specifically, the Cascadia quake, which has a 30% chance of occurring in the Pacific Northwest within the next 50 years. When Annie emerges from the rubble, she's devoid of resources: no phone, no keys, no information—only the immediate need to survive."
A central theme of "Tilt" is the role of money as a survival tool. The novel doesn't shy away from depicting the harsh realities of financial instability during disasters.
[05:55] Emma Paty:
"Money is really threaded throughout the book. In motherhood, we are all so faced with capitalism and economics. Beneath every decision about motherhood is actually a decision about money. People don't talk about that. They talk in different terms."
Annie's financial struggles—living paycheck to paycheck in an increasingly unaffordable Portland—highlight the disparities that emerge during crises. Her reflections on credit card debt and limited savings underscore how economic status can determine one's ability to survive and recover.
[07:33] Emma Paty:
"People are struggling with the existential and what their responsibilities are today. Trying to hold both in balance is very difficult. And then sometimes the doom and gloom makes it so we justify. What's the point? What's the point in trying to make more money or get out of this hustle like it is what it is."
Paty emphasizes that financial fears, such as housing, healthcare, and savings, are magnified in moments of crisis. These anxieties are not just about money but also about the uncertainty and lack of control that disasters bring.
The episode delves into how starting and raising a family intersects with financial pressures, especially in unstable times.
[21:35] Emma Paty:
"I wish someone had told me when I was pregnant to think less about everything. I was thinking about birth, what kind of a parent I was going to be, my pregnancy health, childcare, and more. Beneath the choices of motherhood are just money realities, and we don't talk about that stuff."
Paty's personal experiences with prenatal depression and the financial strains of parenting illuminate the hidden costs and stresses that often go unspoken. Her candid discussion reveals how financial instability can overshadow the joys and challenges of motherhood, shaping personal and professional decisions.
Beyond individual financial strategies, "Tilt" emphasizes the importance of community and mutual aid in survival scenarios.
[10:05] Emma Paty:
"Surviving the climate crisis is about community. It's about knowing your neighbors, building these little hubs of connectivity and resources and camaraderie."
In the face of disaster, the novel portrays how mutual aid and community support become lifelines. Paty illustrates that financial resources alone are insufficient; the bonds and support systems within communities play a crucial role in collective survival and resilience.
[11:18] Emma Paty:
"When you stop thinking about investment monetarily, the idea of where to invest to prepare for the climate crisis can become more about those types of connections."
Paty's insights highlight a shift from individualistic financial planning to a more community-centric approach, advocating for investments in relationships and local support networks as foundational to enduring crises.
Emma Paty conveys a powerful message of resilience and reassessment of priorities in the face of upheaval.
[26:11] Emma Paty:
"If your whole life got turned on its head tomorrow, what would you change? That's the core message of the book."
Through Annie's transformation post-disaster, Paty encourages readers to reflect on their own lives and consider what truly matters. The novel serves as a catalyst for personal and collective introspection, urging individuals to prioritize meaningful connections and community support over relentless financial pursuits.
Episode 1795 of So Money with Farnoosh Torabi offers a profound exploration of how financial stability, motherhood, and community intertwine during times of crisis. Through Emma Paty's "Tilt," listeners gain valuable insights into the critical role of money in survival, the emotional and financial stresses of parenthood, and the indispensable power of community support systems. This episode not only provides financial strategies but also invites listeners to contemplate deeper societal and personal values in the face of adversity.
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