- ORIGINAL NEWS
How women can step out of their comfort zone to build wealth: ‘Be intentional’ managing fear, expert says
- SUMMARY
Women often feel fear when it comes to money, but it’s important to be intentional about managing it.
Financial success involves saving, investing, paying down debt, and stepping out of your comfort zone.
Women in particular tend to feel stressed about money, with 93% experiencing stress and being more likely to live paycheck to paycheck.
However, financial stress decreases with emergency savings.
Having a savings cushion gives you peace of mind and empowers you to pursue the life you want.
Consistency is key, regardless of your financial situation.
Start with the basics and make gradual progress towards your goals.
- NEWS SENTIMENT CHECK
- Overall sentiment:
positive
Positive
“Achieving financial success requires adhering to the basic principles of saving and investing and paying down debt, she advises.”
““Having that financial freedom means living life on your own terms,” Clever Girl Finance’s Sokunbi said. “You can walk away from circumstances or jobs that no longer serve you.”
Negative
“When it comes to managing money, women commonly use the word “fear” to describe what stands between them and the life they want.”
“According to Northwestern Mutual’s 2023 Planning and Progress Study, it’s often women who feel financially insecure.”