Women own less, save less, carry more debt, and are less financially literate than men. That changes now.
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We asked you to vote on a question you’d like answered. The winner was:
Which is better: An airline credit card or a travel rewards card?
FEATURED EXPERT:
Megan Johnston
Daily Drop travel expert and community manager
This can vary depending on specific circumstances, but if your goal is to travel more and you have a bucket list that is a mile long, then a travel rewards card is the best place to begin. This way, you don’t lock yourself into a single airline that may or may not have availability for your dream flight. When you earn points with a travel rewards card, you get access to transfer partners that allow you to redeem your points with several different airlines or hotels instead of locking you into only one.
This interview has been edited and condensed for clarity. You can read an extended version here.
money win
An inside look at how women are building wealth.
"We hit two of our money goals last year: 1) Investing $100,000, including retirement and taxable brokerage account contributions, and 2) Investing $12,000 in 529 accounts for our two kids. Feels very good!"
— Heather D (CA). Bonus: A 529 plan can boost your kid’s retirement, too. It’s a gift that keeps on giving.
Scored a raise, saved up for a big purchase, or reached another money goal? Tell us about it here. Quotes are edited and condensed for clarity.
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The items celebs and influencers think are worth the big bucks.
Everything old is new — and fashionable — again. Just ask Miaira Jennings. As a DIYer, Jennings excels at giving new life to previously loved items. From fashion to home décor, Jennings chronicles her hacks and how-tos on her Instagram account and YouTube channel. And she credits a lot of her success to one key investment purchase she made nearly a decade ago.
Tell us about the #1 product you’ve invested in.
One of the best investments I've made as a creative entrepreneur was my Canon EOS 70D DSLR Camera. In 2016, I had dreams of starting my own YouTube channel, and purchasing a DSLR was my first step. Eight years of videos and a few hundred thousand followers and subscribers later, I still use my Canon 70D to shoot most of my content.
How much did you spend on it?
$1,132.45 in 2016. (Currently $598 on Amazon.)
Why do you consider it a worthy investment?
Investing in yourself and your creative dreams is always worth it. I've been able to use my DSLR for not only personal content creation, but also for various other streams of income. It's still an essential part of my creative process.
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