Head to The Social Media Accounts of These Women Financial Experts to Get the Best Financial Advice Ever!
The COVID-19 pandemic had played a major impact on families the world over, leaving them without jobs, child care, and in-person schooling. Most of the juggling office work and home duties have landed squarely on the shoulders of women. The major challenges that moms face daily deserve a lot of attention, especially when it involves money. At least 25% of women say their family’s financial situation has gone from bad to worse in the pandemic. This is in comparison to 18% of men, a recent poll by the Washington Post-ABC News poll finds.
However, thanks to a growing online community of personal finance experts, the chatter around money, motherhood, and more is changing, causing a lot of family wealth changes. Follow these financial experts who are the best conversation starters on finances, women, and moms, for that matter.
Farnoosh Torabi is a personal finance expert hosting the So Money podcast. She is all about financial empowerment for women, and her social media accounts bear privy to the fact. She has candid money conversations with established entrepreneurs, authors, and celebrities. In one of her episodes, she had an interesting conversation with Catherine Alford about how moms can utilize their existing skills and become adept money managers.
Torabi should know what she is talking about, being the chief breadwinner in her family. She has penned down all her experiences in her book When She Makes More: 10 Rules for Breadwinning Women. Being a mom to young kids, she also talks about some pertinent topics like not giving her son an allowance. Also, how to converse about money with your kids. You learn from Torabi that money conversations change from age to age and are a continued effort.
Anna N’Jie-Konte, is a business owner, wife, and mother of three and is a vociferous speaker about the economic empowerment of women and minorities in America. She has been the brainchild of a financial advisory firm, Dare to Dream Financial Planning. It helps communities of color to invest. She has also been a host of the First-Gen Realness podcast.
Konte regularly gives financial advice to help build generational wealth and help people of color free themselves from systemic oppression. She has been pretty voluble on the gender investing gap, the racial wealth gap, and investing. While she counts herself to be incredibly proud of the sacrifices made by her parents, mom in particular, which has helped her achieve her American dream.
Rita-Soledad Fernández Paulino
Rita-Soledad Fernández Paulino is Wealth Para Todos’s creator, a former math teacher, and is now a personal finance enthusiast. After taking a medical leave in March 2019, she started building financial knowledge by reading books, listening to various podcasts, and watching YouTube videos.
Since then, Soledad has managed her finances like a true blue financial manager. She has been able to pay off $20,000 in student loan debt, built an emergency fund, and made numerous retirement accounts. She is based in Los Angeles and resides there with her husband and two kids and now is making her way to become a certified financial planner.
Soledad wants to ensure everyone has access to a professional who understands their money challenges and goals. She aims to ensure more people of color and those belonging to the LGBTQ can receive financial advice. Soledad recently shared on NextAdvisor how calculating her Financial Independence, Retire Early (FIRE), has helped her achieve financial freedom. She found herself at a receiving end because of the COVID-19 pandemic. But later, she found her financial footing and is now work-operational.
Shang Saavedra is a personal finance influencer at Save My Cents. She comes from a farmer’s family that survived the Cultural Revolution in China. Later she sought a degree in economics from Harvard University and got an MBA degree from Chicago.
She has been able to manage several things thanks to her financial prowess. From developing consumer strategies for Fortune 500 companies to growing her income into seven figures, she has gone from strength to strength. She has also begun her financial platform, Save My Cents. However, her primary aim is to help people achieve FIRE and get an abundant mindset.
These inspirational women have certainly shown how you can be a mom, an entrepreneur, a money manager, and an incredible money advisor too!
More in Financial Advice
Save Money on Gasoline by Implementing These Tricks Today
We, humans, are highly dependent on gasoline. The average gasoline consumption in 2020 based on a report of 36 countries was...March 18, 2022
Here’s Why Only the People with Deep Pockets Can Afford Lobsters at Restaurants
Dirt cheap is a concept of the past now. With the rise in inflation, a middle-class person is facing a new...March 16, 2022
Here’s How You Can Move Towards a Greener Tomorrow As A Yacht Owner Or Manufacturer
Yacht builders have a lot of pressure from organizations worldwide to become more eco-friendly. This has forced the yachting industry to...March 14, 2022
Here’s How You Can Survive Real-World Budgeting
Adulthood is considered by many as one of the most enjoyable and exciting times in an individual’s life. Getting out of...March 10, 2022
Money-saving Tips That’ll Guarantee an Awesome Vacation!
When you’re vacationing, the last thing you need to stress over is your budget – regardless of whether or not you are...March 9, 2022
The Most Expensive Restaurants in Los Angeles Area
If you’re a foodie who is avidly on the lookout for new restaurants to try, Los Angeles is the perfect place for...March 7, 2022
Here’s Why You Need to Invest in a Fitness Franchise Right Now
Coronavirus has certainly turned life on its head for a lot of us. One thing is certain – now is the right...March 4, 2022
Here Are Top Eco-Friendly Business Ventures That You Can Start with Minimal Investment
There is a paradigm shift in consumers’ interest and perception of organizations. The focus is now shifting from just the products...March 2, 2022
This Is The Most Expensive Street In The World! (Hint: It’s In Midtown Manhattan)
Manhattan is said to be the hub of the wealthy! However, the Billionaire’s Row, an enclave around 57th Street, is where...February 28, 2022