Clever Girl Finance is a financial education program that empowers women to learn how to manage their money, build wealth, and manage it. The program uses lessons from motherhood and the author's own experiences building wealth and saving money. She is passionate about helping women reach financial independence and has a passion to help them. Click here to read more about financial literacy for girls.
Clever Girl Finance
Clever Girl Finance is a resource for women who are interested in financial education. This website provides easy-to-understand courses, mentorship and support from other members. You can learn how you can build wealth and put aside money to pursue your dreams. Clever Girl Finance has the right tools to help you make financial decisions that will benefit you, whether you're just starting up or making significant financial changes.
Bola Sokunbi (author, certified financial education instructor) created this website. Her goal is to empower women to be financially secure. She draws upon her personal experiences to teach women how to manage their money, including salary negotiation, investing, and saving. She also shares stories about real women who are using her system to achieve financial security.
Bola Sokounbi
A plan is essential when saving for your future. Sokunbi visited a financial planner after having saved money. She wanted help with her financial planning and goals. After graduating college, she started saving fifteen years ago. She had saved $100,000 in three years.
Bola was not always so disciplined. Bola was working in New York City as a tech consultant at one time. She set a goal to save between 40 and 50 percent of her monthly salary. She was inspired by her mother's business acumen. It was her mother's business skills that inspired her to start her own company.
Girl Scout Cookie Program
Girl Scout Cookie Program offers a fantastic way to encourage girls to become entrepreneurs and learn financial management skills. By allowing girls to run a mini business, the program provides an opportunity for girls to gain experience with balancing a budget and learning about money management. It's a great way for girls to learn how to make decisions and to build relationships.
Citizens Bank recently donated $7,000 towards the Girl Scouts of the Green-White Mountains. This generous donation is in support of the bank's financial literacy efforts and promotes financial literacy. The Bank's Community Outreach volunteers shared their knowledge and experience of personal finance with the girls at the S.M.A.R.T. Cookie expo.
Driving My Financial Future Program
Toyota Financial Services is partnering with Girl Scouts of the United States of America to offer the Driving My Financial Future Program. Toyota provides financial education for the underserved population through Girl Scouts. Both organizations share a common commitment to financial education and environmental awareness. In addition, Toyota Financial Services is part of the Go Green Campaign and will donate $5 to GSUSA for every paperless billing transaction.
Driving My Financial Future for financial girls was created to empower 26,000 financially disadvantaged girls throughout the country. A survey found that 90% of girls believe it is important to learn more about personal finance and that 68 percent want to learn how to manage their money. Despite their desire to learn about financial matters, however, many girls don't have the financial confidence they need to make financial decisions.
FAQ
Where To Start Your Search For A Wealth Management Service
You should look for a service that can manage wealth.
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Can demonstrate a track record of success
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Is the company based locally
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Consultations are free
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Offers support throughout the year
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There is a clear pricing structure
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Good reputation
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It is easy and simple to contact
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Support available 24/7
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A variety of products are available
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Charges low fees
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Does not charge hidden fees
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Doesn't require large upfront deposits
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A clear plan for your finances
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Transparent approach to managing money
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This makes it easy to ask questions
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Does your current situation require a solid understanding
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Understands your goals and objectives
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Would you be open to working with me regularly?
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Works within your budget
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Does a thorough understanding of local markets
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You are available to receive advice regarding how to change your portfolio
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Is willing to help you set realistic expectations
How to beat inflation with savings
Inflation refers to the increase in prices for goods and services caused by increases in demand and decreases of supply. Since the Industrial Revolution, when people started saving money, inflation was a problem. The government manages inflation by increasing interest rates and printing more currency (inflation). However, there are ways to beat inflation without having to save your money.
For instance, foreign markets are a good option as they don't suffer from inflation. You can also invest in precious metals. Since their prices rise even when the dollar falls, silver and gold are "real" investments. Investors who are worried about inflation will also benefit from precious metals.
What are some of the benefits of having a financial planner?
A financial plan will give you a roadmap to follow. You won’t be left guessing about what’s next.
It provides peace of mind by knowing that there is a plan in case something unexpected happens.
Financial planning will help you to manage your debt better. If you have a good understanding of your debts, you'll know exactly how much you owe and what you can afford to pay back.
Your financial plan will protect your assets and prevent them from being taken.
Statistics
- If you are working with a private firm owned by an advisor, any advisory fees (generally around 1%) would go to the advisor. (nerdwallet.com)
- As previously mentioned, according to a 2017 study, stocks were found to be a highly successful investment, with the rate of return averaging around seven percent. (fortunebuilders.com)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
External Links
How To
How To Invest Your Savings To Make Money
You can generate capital returns by investing your savings in different investments, such as stocks, mutual funds and bonds, real estate, commodities and gold, or other assets. This is what we call investing. It is important to realize that investing does no guarantee a profit. But it does increase the chance of making profits. There are many ways you can invest your savings. There are many options for investing your savings, including buying stocks, mutual funds, Gold, Commodities, Real Estate, Bonds, Stocks, ETFs (Exchange Traded Funds), and bonds. These methods are discussed below:
Stock Market
Stock market investing is one of the most popular options for saving money. It allows you to purchase shares in companies that sell products and services similar to those you might otherwise buy. Also, buying stocks can provide diversification that helps to protect against financial losses. You can, for instance, sell shares in an oil company to buy shares in one that makes other products.
Mutual Fund
A mutual fund refers to a group of individuals or institutions that invest in securities. They are professionally managed pools with equity, debt or hybrid securities. The investment objectives of mutual funds are usually set by their board of Directors.
Gold
Gold is a valuable asset that can hold its value over time. It is also considered a safe haven for economic uncertainty. Some countries use it as their currency. Due to the increased demand from investors for protection against inflation, gold prices rose significantly over the past few years. The supply-demand fundamentals affect the price of gold.
Real Estate
Real estate includes land and buildings. When you buy realty, you become the owner of all rights associated with it. For additional income, you can rent out a portion of your home. You could use your home as collateral in a loan application. The home could even be used to receive tax benefits. Before buying any type property, it is important to consider the following things: location, condition and age.
Commodity
Commodities are raw materials, such as metals, grain, and agricultural goods. Commodity-related investments will increase in value as these commodities rise in price. Investors who want to capitalize on this trend need to learn how to analyze charts and graphs, identify trends, and determine the best entry point for their portfolios.
Bonds
BONDS ARE LOANS between governments and corporations. A bond is a loan agreement where the principal will be repaid by one party in return for interest payments. When interest rates drop, bond prices rise and vice versa. A bond is bought by an investor to earn interest and wait for the borrower's repayment of the principal.
Stocks
STOCKS INVOLVE SHARES OF OWNERSHIP IN A COMMUNITY. Shares represent a fractional portion of ownership in a business. If you have 100 shares of XYZ Corp. you are a shareholder and can vote on company matters. Dividends are also paid out to shareholders when the company makes profits. Dividends can be described as cash distributions that are paid to shareholders.
ETFs
An Exchange Traded Fund (ETF), is a security which tracks an index of stocks or bonds, currencies, commodities or other asset classes. ETFs are traded on public exchanges like traditional mutual funds. For example, the iShares Core S&P 500 ETF (NYSEARCA: SPY) is designed to track the performance of the Standard & Poor's 500 Index. Your portfolio will automatically reflect the performance S&P 500 if SPY shares are purchased.
Venture Capital
Venture capital is private funding that venture capitalists provide to entrepreneurs in order to help them start new companies. Venture capitalists offer financing for startups that have low or no revenues and are at high risk of failing. They invest in early stage companies, such those just starting out, and are often very profitable.