Savvy Money Blog
I want to learn about…
Learn from our Experts.
Get $avvy financial tips. Read an article today!
Credit Card Finance Charge Calculator
Understand Your Credit Card Monthly Payment Understanding Your Credit Cards What is credit? Credit is the immediate use of products, services, or money in exchange for the promise to pay in the future. We can access credit using credit cards, charge cards, retail...
Top 8 Divorce & Money Questions Asked on the Helpline
Giving women quality financial guidance for women, during and after divorce. Savvy Ladies Helpline Volunteer Donna Cates CDFA®, CRPC® shares her insights on some of the most frequently asked divorce & money questions we get on the Savvy Ladies Helpline. Q: I am so...
Divorce mistakes to avoid to achieve financial well-being for women and their children
Learn the top financial mistakes women need to avoid when going through a divorce Savvy Ladies Helpline Volunteers share their answers to some of the divorce financial questions they receive from women who are seeking answers on how to proceed and plan for a divorce...
Do You Need a Financial Planner or an Investment Manager?
by Manisha Thakor If the terms “financial planner” and “investment manager” seem interchangeable to you, you’re not alone. Many people — even financial professionals — have a hard time differentiating. To truly maximize your financial well being, it’s important to...
The Cost of Divorce: Expert Tips for Planning and Paying for Your Separation
The Cost of Divorce: Expert Tips for Planning and Paying for Your Separation By: Lisa Zeiderman Divorce doesn’t only bring emotional distress. It also brings financial implications that could drastically affect an individual’s life. Among those are how much their...
Home Sharing to Cut Housing Costs
By Marge Schiller, CFP® Is your cost of housing too large a portion of your income today? Are you having trouble finding an affordable rental in your community? Or is your current home more space than you really need but you like it? If your answer is “Yes” to any of...
Savvy Ladies Celebrates 20 Years of Financial Empowerment at the Nasdaq MarketSite
On Monday, April 3, 2023, Savvy Ladies kicked off Financial Literacy Month with the first-ever Building Connection Breakfast, an event celebrating the 20th anniversary of the organization. The breakfast, hosted at the Nasdaq MarketSite–an iconic Times Square...
Major Changes Brought by the Secure Act 2.0 and How it will Affect Your Retirement Savings
By Jonathan Bird, CFP® The SECURE 2.0 Act is here to make a difference in the US retirement system, bringing forth a range of modifications to strengthen the retirement system and enhance financial preparedness for all Americans. SECURE 2.0 became law on December 29,...
Top Financial Questions from Black and African American Women, Answered
Jennifer Jonassaint, a Savvy Ladies Helpline Volunteer answers women’s financial questions submitted to the Free Financial Helpline In 2022, Black women earned 70% as much as White men, compared to a ratio of 83% for White women. The combination of racial wealth...
Tax Advice for New Businesses
Are you planning to become a small business owner this year? Tax advisor Alicyn McLeod, CPA, CFP® and tax attorney Matthew E. Foreman share all you need to know about taxes. Originally live-streamed on February 21, 2023.
Financial Abuse Is on the Rise: What It Is and What to Do About It
By Stacy Francis, CFP®, CDFA®, CES™ While financial abuse affects both men and women, women are more frequently the victims. According to the Bureau of Justice Statistics, 85% of domestic violence victims are women, and unfortunately, the number of incidents is...
How to Get Started on Saving and Investing
This guide is grounded in real questions from real women: it’s based on insights from a 2023 Ask the Expert session in which Savvy Ladies volunteers Ravi Patel, Ross Krause CFP®, MBA, MSA and Evan Press, CFP® answered saving and investing questions from the Dress for...
How to Pay Off Credit Card Debt
Overwhelmed by credit card debt? Read the advice from Savvy Ladies founder Stacy Francis, CFP®, CDFA below and create your own roadmap to get out of it! Want to learn more about credit card debt management? Take a free debt management course here! By Stacy Francis,...
Top 6 Tips for Improving Your Credit Score
By Stacy Francis, CFP®, CDFA According to myFICO, it’s important to note that repairing bad credit is a bit like losing weight: It takes time, and there is no quick fix. In fact, out of all of the ways to improve a credit score, quick-fix efforts are the most likely...
Financial Tips for the New Year
The Dress for Success community shared their top financial concerns as we head into 2023. Our Savvy Ladies Helpline Volunteers teamed up to help guide and answer their financial questions in a special Ask the Expert session. Savvy Volunteers Ravi Patel and Ross Krause...
What You Need to Know About Credit
By Stacy Francis, CFP®, CDFA You sit down in your mortgage broker’s office because you can’t stand the news. Your credit is so bad you will not be able to secure a loan to buy the dream home you just bid on. Can you imagine? After months of taking time off work to run...
Different Types of Debt: Which Should I Pay Off First?
By Stacy Francis, CFP®, CDFA At a recent get-together at my parents house, one of their friends was excited to tell me his company had given him a substantial bonus – one that far exceeded his expectations. Thrilled to have a financial expert at the party, he asked...
Budgeting for Beginners: Your Savvy Guide to Creating a Budget
Setting up a solid budget and staying on top of it is the key to taking control of your finances. We know this task can feel daunting. That's why we've created a guide with easy to follow steps you can take to start managing your cash flow, even if you're new to...
The Current State of the Economy and How to Protect Your Finances
During two recent free Savvy Ladies sessions, volunteers Richard Ibarra, CFP,APMA, CRPC and Keri Lai financial advisor, both from Ameriprise Financial Services LLC, as well as Amy Irvine from The Rooted Planning Group and Michelle McKinnon, Wealth Advisor at Klingman...
Financial Tips if You Plan on Joining the Great Resignation
By Sebastian Francis The Great Resignation, also known as "The Big Quit," is a recent trend of many workers retiring early or simply quitting their jobs to look for new ones. According to a US Labor Department Government report, over 20 million people resigned from...
Savvy Ladies Helpline Experts Answer Top Financial Questions for the Dress for Success Community
In the latest “Ask an Expert” virtual session for the Dress for Success community, tax law expert and Savvy Ladies Helpline Volunteer Matthew E. Foreman shed light on some of the most commonly asked personal finance questions. Missed the streaming? Read all the...
