Clever Girl Finance gives women financial education that helps them build wealth and manage money. The program is inspired by motherhood and personal experiences with building wealth, saving money, and investing. She believes women can be financially independent and has a passion about helping them succeed. Click here to learn more about financial Education for Girls.
Clever Girl Finance
Clever Girl Finance can be a great resource for women who want to learn about financial education. The website offers simple and digestible courses, one-on-one mentorship, and a supportive community. It is possible to learn how to build wealth and make money for 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, a certified financial education instructor and author, created this website. Bola Sokunbi draws on her own experiences to help women manage their money. She teaches them how to negotiate salary, invest, and save. She shares the stories of real women who have used her method to attain financial security.
Bola Sokounbi
When you are saving for your future, you need to have a plan. Sokunbi consulted a financial adviser after she had made some savings. She wanted to discuss her financial future and set financial goals. She began saving fifteen years ago when she accepted her first corporate job after college. Within three years, she had saved $100,000.
Bola was not always as disciplined. She was a New York City tech consultant at one point. She made a point to save forty to fifty percent of her paycheck. Her mother's business acumen inspired her. Because of this, she was able launch her own business.
Girl Scout Cookie Program
Girl Scout Cookie Program is a great way to help girls learn how to be financially and entrepreneurial. Girls can run their own mini-business, which gives them experience in managing a budget and money management. It is a great way to teach girls good decision-making skills and how to build relationships.
Citizens Bank recently donated $7,000 to the Girl Scouts of the Green and White Mountains. This generous donation supports Citizens Bank's efforts to promote financial literacy and Financial Literacy Month. 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
Toyota Financial Services and the Girl Scouts of the United States of America have partnered to create the Driving My Financial Future program. Girl Scouts provide fun, experiential learning opportunities for girls of all ages, and Toyota provides financial education for underserved populations. Both organizations share a commitment towards financial education and environmental awareness. Toyota Financial Services is also part of the Go Green Campaign. They will donate $5 each time a paperless billing transaction is made to GSUSA.
Driving My Financial Future for financial girls was created to empower 26,000 financially disadvantaged girls throughout the country. According to a survey, 90 percent of girls say that it's important to learn about personal finance, and 68 percent would like to learn how to save money. But, even though they want to, girls still feel that they lack financial confidence to make smart financial decisions.
FAQ
What is risk-management in investment management?
Risk management is the art of managing risks through the assessment and mitigation of potential losses. It involves monitoring and controlling risk.
Risk management is an integral part of any investment strategy. The purpose of risk management, is to minimize loss and maximize return.
The key elements of risk management are;
-
Identifying the risk factors
-
Measuring and monitoring the risk
-
Controlling the Risk
-
How to manage risk
What is estate planning?
Estate planning is the process of creating an estate plan that includes documents like wills, trusts and powers of attorney. These documents will ensure that your assets are managed after your death.
What is a Financial Planner? How can they help with wealth management?
A financial planner will help you develop a financial plan. They can look at your current situation, identify areas of weakness, and suggest ways to improve your finances.
Financial planners, who are qualified professionals, can help you to create a sound financial strategy. They can help you determine how much to save each month and which investments will yield the best returns.
Most financial planners receive a fee based upon the value of their advice. However, there are some planners who offer free services to clients who meet specific criteria.
How does wealth management work?
Wealth Management is a process where you work with a professional who helps you set goals, allocate resources, and monitor progress towards achieving them.
Wealth managers can help you reach your goals and plan for the future so that you are not caught off guard by unanticipated events.
You can also avoid costly errors by using them.
Statistics
- 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)
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
- According to Indeed, the average salary for a wealth manager in the United States in 2022 was $79,395.6 (investopedia.com)
- These rates generally reside somewhere around 1% of AUM annually, though rates usually drop as you invest more with the firm. (yahoo.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 called investing. It is important that you understand that investing doesn't guarantee a profit. However, it can increase your chances of earning profits. There are many different ways to invest savings. You can invest your savings in stocks, mutual funds, gold, commodities, real estate, bonds, stock, ETFs, or other exchange traded funds. These methods will be discussed below.
Stock Market
The stock market is one of the most popular ways to invest your savings because it allows you to buy shares of companies whose products and services you would otherwise purchase. Buying stocks also offers diversification which helps protect against financial loss. In the event that oil prices fall dramatically, you may be able to sell shares in your energy company and purchase shares in a company making something else.
Mutual Fund
A mutual funds is a fund that combines money from several individuals or institutions and invests in securities. They are professional managed pools of equity or debt securities, or hybrid securities. A mutual fund's investment objectives are often determined by the board of directors.
Gold
Gold has been known to preserve value over long periods and is considered a safe haven during economic uncertainty. Some countries use it as their currency. The increased demand for gold from investors who want to protect themselves from inflation has caused the prices of gold to rise significantly over recent years. The price of gold tends to rise and fall based on supply and demand fundamentals.
Real Estate
Real estate includes land and buildings. You own all rights and property when you purchase real estate. For additional income, you can rent out a portion of your home. You might use your home to secure loans. The home may also be used to obtain tax benefits. But before you buy any type real estate, consider these factors: location, condition, age, condition, etc.
Commodity
Commodities can be described as raw materials such as metals, grains and agricultural products. These items are more valuable than ever so commodity-related investments are a good idea. Investors looking to capitalize on this trend need the ability to analyze charts and graphs to identify trends and determine which entry point is best for their portfolios.
Bonds
BONDS ARE LOANS between governments and corporations. A bond is a loan that both parties agree to repay at a specified date. In exchange for interest payments, the principal is paid back. Bond prices move up when interest rates go down and vice versa. A bond is purchased by an investor to generate interest while the borrower waits to repay the principal.
Stocks
STOCKS INVOLVE SHARES OF OWNERSHIP IN A CORPORATION. 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 are cash distributions paid out 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. Unlike traditional mutual funds, ETFs trade like stocks on public exchanges. The iShares Core S&P 500 eTF, NYSEARCA SPY, is designed to follow the performance Standard & Poor's 500 Index. This means that if SPY is purchased, your portfolio will reflect the S&P 500 performance.
Venture Capital
Venture capital is private financing venture capitalists provide entrepreneurs to help them start new businesses. Venture capitalists finance startups with low to no revenue and high risks of failure. Venture capitalists typically invest in companies at early stages, like those that are just starting out.