4 ways women can own their financial power

It’s true that there continue to be barriers for women, particularly women of color, but generally speaking, we have more choices today than ever before. In fact, we have so many choices that it can often lead to a tremendous amount of second-guessing and anxiety.

Regardless of your certainty (or lack thereof) of your life choices so far and the future you’re embarking upon, there are some financial moves that you can make in the meantime that will keep your options open as you navigate this time of tremendous opportunity for young women.

Eliminate Debt ASAP

In the three years it took me to get to a zero-balance, I limited pretty much anything optional in life. But it was worth it;  being debt-free allowed me to leave a marriage I hated and later, to leave a job I hated.

Get Confident About Investing

One thing to know is that there are as many investing philosophies and strategies out there as there are make-up tutorials on YouTube. The key to confidence and success is choosing the one that resonates most with you and sticking with it.

Stockpile Savings in a Health Savings Account (HSA)

If you are planning to have kids one day, this becomes doubly as powerful, even for guys . Maternity care is expensive, kids go to the doctor a lot, and you never know when an emergency appendectomy will have you headed to the ER. Why not start saving today to help offset those things when life will most likely be even more expensive than it is today?

Take Care of Yourself But Don’t Be Too Type A About It

If I had a dollar for every stressed-out looking but perfectly sculpted adorable young woman I saw at the yoga studio I frequent, I’d be able to afford the unlimited membership . One thing we’ve done well as a society is instilled the importance of good health in young women.

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