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:
How do I align my values with my spending?
FEATURED EXPERT:
Judy Esber
Money coach and founder of Hear Me Finance
Give yourself grace on this journey, and don’t expect to figure it all out right away. When we do something that doesn't feel in alignment with our values, we tend to shame ourselves. This will stress you out and lead to more emotional spending. Instead of taking that approach, think of this as an experiment. Ask yourself: “What can I learn from this?” For example, maybe you bought something that people said was going to change your life, but you never used it and it didn’t live up to the hype. What was it about that purchase that was not in alignment? When you process that, you're giving yourself data to figure out what’s in alignment when it comes to your spending and your values.
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.
“I was able to finally buy The Big House and move my parents in. It's actually a reasonable home, but definitely an upgrade for me”
— Nichole B (PA). Looking to level up to a new home, too? Here are some tips to help you financially prepare for making The Big Move.
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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investment piece
The items celebs and influencers think are worth the big bucks.
The right cup of coffee can make or break your day. Which is something that Elisa Marshall — the cofounder of Maman, a group of French-style bakeries, cafes, and event spaces across the Northeast US and Canada — knows from experience. Below, she tells us about a beloved kitchen appliance that helps her bring cafe vibes into her home.
Tell us about a purchase you’ve made that felt like an investment.
My Terra Kaffe TK-01 Super Automatic Espresso Machine. We use it on a daily basis, and it has become one of our most loved appliances. It delivers the closest to cafe-style coffee that you can have at home and is super easy to use.
How much did you spend on it?
$895, but they often have great promos and discounts.
Why do you consider it a good investment?
As a self-proclaimed coffee connoisseur, this has been a great investment in many ways. Being a mom of two little ones and a business owner means that morning energy and coffee are priceless to me. This machine not only saves me the cost of buying coffee every morning, but it saves me time, too. It produces amazing cafe-quality espresso beverages in less than 60 seconds and prevents me from having to walk to Maman every morning to get my morning fix.
Answers are edited and condensed for clarity.
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