5 Awesome Curated Resources for Financial Wellness
Financial independence is crucial for women as it empowers you to make informed decisions, shape their destinies, and achieve their life goals. Taking control of one's finances provides a sense of autonomy and security, allowing women to navigate life's uncertainties with confidence.
Studies consistently show that financial stress can adversely affect mental and physical well-being. Women who take control of their financial lives often experience reduced stress levels, leading to improved overall health. Chronic financial strain has been linked to conditions like high blood pressure, insomnia, and even cardiovascular diseases.
Financial stability enables women to access better healthcare, nutritious food, and engage in stress-relieving activities. By prioritizing financial health, women can break the cycle of stress-related health issues, fostering a holistic well-being that positively influences both their present and future physical health.
So how’s it going? Well, not great
A survey by GoBankingRates about the financial health of women last year was a good new/bad news update. While they found that women have lower rates of debt, 57% of them aren’t investing.
In 2022 Ellevest, a financial and wealth management platform designed specifically for women, launched their Women’s Financial Health Index. It takes into account factors such as the pay gap, access to paid family leave, representation in Congress and as CEOs in the Fortune 500 as well as economic factors such as consumer confidence and inflation. On a scale of 1 to 10, they determine a rating for the current time period. As of May of 2023, it was a 3.5. Ouch. .
Ready to own your financial wellness? Dive into our curated list of 5 awesome financial wellness resources!
They have an online magazine that takes an honest and actionable approach to thinking about your financial health. Even better, they are an easy to use and inexpensive online investing platform design for women as well as wealth management services.. The founder, Sallie Krawcheck, is a powerhouse in the financial industry and is a 3 time CEO of some of the top financial institutions.
We also highly suggest you follow Sallie and Ellevest on LinkedIn and other social channels
Sallie Krawcheck Linkedin Instagram
Free courses, great articles and a great podcast - what’s not to love?
Clever Girl Finance is a financial education platform empowering women to take control of their finances. Offering a range of resources, including courses, articles, and a supportive community, Clever Girl Finance focuses on financial literacy, goal setting, and wealth-building strategies. With a mission to break down financial barriers and promote financial independence, the platform inspires and guides women on their journey to financial success. Visit clevergirlfinance.com for valuable insights and tools to achieve financial empowerment.
Want advice and coaching or an awesome library of resources? They have a podcast and a newsletter too.
HerMoney was founded by Jean Chatzky. A former financial and personal finance reporter, she started HerMoney with an eye to creating resources specifically for women. We particularly love how they divide up their content - Earn, Save, Invest, Protect Borrow, Connect and Enjoy.
HerMoney.com is a comprehensive financial resource tailored to women, providing expert advice and insights on money matters. Covering topics such as budgeting, investing, and career growth, the platform aims to bridge the gender wealth gap by fostering financial confidence and independence. With a wealth of articles, podcasts, and tools, HerMoney.com offers a supportive community for women to navigate their unique financial journeys and build a secure future. Explore HerMoney.com for empowering financial guidance and inspiration.
The Budgetnista, founded by Tiffany Aliche, is a financial education platform empowering individuals to achieve financial wellness. Offering a plethora of resources, including courses, challenges, and a supportive community, The Budgetnista focuses on budgeting, saving, and investing for a secure future. Tiffany's accessible and engaging approach makes complex financial concepts easy to understand, guiding people on a journey towards financial freedom and empowerment.
A nonprofit founded in 1988 continues to be a leader and excellent resource empowering women’s financial independence. Wife.org was founded by Candace Bahr and Ginita Wall, to be a pioneering online resource dedicated to women's financial journey. Providing expert advice, articles, and tools, Wife.org educates women on key financial aspects, including budgeting, investing, and divorce planning. Recognizing the importance of financial literacy for women's independence, the platform equips its audience with the knowledge and tools needed to navigate various life stages confidently. Explore Wife.org for valuable insights and resources shaping women's financial futures.