Financial planning is an essential part of any successful life. But the reality is that not all women are comfortable discussing money. That’s where financial services companies come in. These businesses exist to provide people with guidance and products that will help them achieve their financial goals. And because they understand that not all women are the same, they have created some of the world’s most badass financial services written by women. In this blog post, we will take a look at 10 of these services and why they are so great for female consumers. From investment advice to insurance recommendations, read on to learn more about what these services can do for you.
https://swiftinstantlending.com/pages/project_financing.php Financial Services Written By Women That will Make You Money There are a lot of financial services out there written by women that will make you money. Here are some of the best: The first financial service is called Acorns. Acorns is a app that lets you invest your spare change, so you can grow your money over time. You get to choose how much money you want to save each month, and it happens automatically. Plus, if you hit certain milestones—like saving $5,000 in three months—you can get bonus rewards including cash and discounts on Acorns products. Another great option is Wealthfront. Wealthfront is a high-end investment service that also offers retirement planning and other features. You can set up automatic transfers from your checking or savings account into your Wealthfront account, which will help you save more money over time. Plus, if you don’t need the money in your account right away, you can always withdraw it without penalty. Finally, OFWGKTA (Our First Wives Get Kicked Outta Home) is a financial services company that helps women entrepreneurs start their own businesses. Their team of advisors will help you figure out what kind of business to start and provide resources like financing and marketing advice. And if things go wrong during your startup journey, their support system exists to help pick up the pieces. 10 Tips for Keeping Your Finances in Order When You Retire When you retire, you may feel a sense of freedom and excitement. However, retirement can also be a time when your finances can become chaotic. To help keep your finances in order during retirement, follow these tips: 1. Start saving early. If you want to have enough money saved up for retirement, start saving as soon as possible. A good way to do this is to create a budget and set aside money each month into your savings account. 2. Make use of tax breaks when they available. Taxation may be one of the biggest financial burdens you will face during retirement, so make use of any tax breaks that are available to you. For example, if you are in the 25% or lower income tax bracket, consider taking advantage of various deductions and credits available to you. 3. Make wise investment choices. When making investment choices for your retirement portfolio, consider factors such as risk tolerance and long-term goals. investing in stocks may be risky but could provide high returns over time if the market goes up; alternatively, investing in CDs or fixed-income securities could provide stability and modest returns over a longer period of time. 4. Get help from professionals when necessary. If you find yourself facing financial difficulty during retirement, don't hesitate to reach out for help from professionals such as certified public accountants (CPA), fiduciary advisors or financial planners who can assist with creating a budget and making sound investment decisions 10 Scary Stats About Retirement that Will Make You Apprehensive Retirement planning is one of the most important things you'll do in your lifetime, and there are a lot of scary stats about retirement that will make you apprehensive. 1. According to a study by Mercury Analytics, women are more likely than men to delay or forgo retirement altogether – and this trend is only getting worse! In fact, as of 2018, only 47% of women plan to retire at age 65 or older, compared to 60% of men. This means that there are going to be many more seniors who are scrambling to save for their retirement once they reach age 65. 2. Women also tend to have less money saved up for retirement than men do. As of 2018, the median woman had just $25,000 saved for retirement, while the median man had over $100,000 saved up – even though women spend more years in retirement than men do! This means that if you’re a woman looking to retire on your own terms (and not live out your days in a nursing home), you’ll need to start saving significantly more money for retirement than your male counterparts do early on in your career. 3. Women are also much more likely than men to take Social Security Disability Insurance (SSDI) when they retire – which can drastically reduce their income during their retirement years. In fact, as of 2013, almost one-third (31%) of female retirees received SSDI benefits compared to just 16% of 10 Types of retirement accounts that you need to know about There are many types of retirement accounts that you may be able to access, but it's important to know about them so you can make the best decision for your needs. You have probably heard of traditional retirement accounts like 401(k)s and IRAs, but did you know that there are also Roth IRA accounts? These are great options if you don't want to pay taxes on the money when you withdraw it. DHPs (dental plans) also offer retirement savings options for people who work in the dental field. Many companies offer matching contributions, so you can get a lot of value from your dental insurance plan even if you only have a small amount saved up. If you're not sure which type of retirement account is right for you, speak with a financial advisor or contact your employer's human resources department. They may be able to help guide you in the right direction. 10 Pieces of Advice from Financial Advisors on How to Prepare for Retirement When it comes to retirement planning, there’s a lot of advice out there. But which pieces of advice are the most badass? Here are five financial services written by women that will help you on your way to a happy retirement: 1. Save early and often: One of the most important things you can do for your retirement is to start saving early and make sure you keep building up your savings over time. Earning more money each year from your salary will help you save more money overall. And if you have access to employer sponsored 401(k) plans, take advantage of them! 2. Review your expenses regularly: Another thing you can do to save for retirement is review your expenses and see where you can cut back. Are there any areas where you’re spending a lot of money that don’t really matter? Can you find cheaper supplements or medications? Cutting back on your expenses can help put more money away towards retirement each month. 3. Make smart investments: If saving isn’t an option, another way to increase your chances of having a successful retirement is to make smart investments. Investments like mutual funds or individual stocks can give you the opportunity to make some good returns while preserving some of your investment capital in case something catastrophic happens (like a market crash). And if investing doesn’t sound like your thing, consider taking out a loan and investing in property instead! 4. Talk to a financial 10 Warning Signs That You Aren’t Saving Enough for Retirement There are plenty of warning signs that you aren’t saving enough for retirement. Here are five to watch for: 1. You’re not taking advantage of compound interest. Compound interest is the magical force that helps your money grow over time. If you don’t start saving now, your money will only grow at a measly rate if you leave it in a savings account. Investing your money can help get it growing much faster. 2. You have debt obligations that are eating up a lot of your income. If you want to retire comfortably, you need enough saved up to cover at least 20% of your income in retirement. Too often, people sacrifice their own retirement dreams in order to pay off their debts and live like they’re still working. 3. You’re not contributing enough towards your 401(k) or other employer-sponsored retirement plan. The average person onlycontributes about 12% of their income towards their 401(k). That's less than what's needed to keep your money invested for growth and allow yourself room to grow during retirement (24%). 4. You're not taking advantage of Roth IRA contributions available to high-income earners too often overlook Roth IRA contributions because they think they won't save as much as traditional IRA contributions due to the added taxes when withdrawn later on Roth IRA contributions are made with after-tax dollars so there is no tax penalty when withdrawn later on Age Conclusion If you're looking for an empowering read on the topic of finance, look no further than these ten badass women who have written about it. From personal finance bloggers to investment bankers and more, these women are shining examples of what is possible when you put your mind to something and work hard. While there are many great resources out there that can teach you everything from investing basics to creating a diversified portfolio, reading pieces written by women who have experienced it all firsthand is invaluable in understanding the full spectrum of financial planning options available to you. Thanks for taking the time to read our list!
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