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:
When should I leave a tip, and when shouldn't I?
FEATURED EXPERT:
Elaine Swann
Author and etiquette expert
It depends on the type of service that you are receiving. For example, you would not leave a tip for professional services (think: your attorney, life coach, or dentist). Although they are providing a service, they're not in a service-based industry where tips are customary. You should always leave a tip for workers like Uber drivers, food delivery people, and your housekeeper. When traveling internationally, be sure to check the guidelines for tipping in different countries, because some cultures frown upon tipping. Travel websites are a great place to start with this research because they try to stay up-to-date. I also like specialty blogs or Facebook groups about particular countries.
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 paid off my 2020 Jeep Gladiator. Now that extra money is going toward paying down my mortgage!”
— Robin S (CA). Nothing beats the smell of a new car, except the debt-free scent of a paid-off car.
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.
5-minute money tip
Mind your money manners.
According to a 2023 Bank of America survey, 71% of people believe there are unwritten rules and cultural norms around money. Navigating potential financial faux pas can be tricky, so we teamed up with Bank of America to answer five of the biggest financial etiquette questions their survey uncovered. Consider it your guide to making financial conversations a little less awkward, and a lot more productive. Read it here.*
*PS: This is a sponsored post.
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investment piece
The items celebs and influencers think are worth the big bucks.
Annika Hansteen-Izora is a designer, creative director, speaker, and author of the book “Tenderness: A Black Queer Meditation on Softness and Rage.” She also explores the intersection of creativity, spirituality, and the Internet age in her newsletter. Below, she shares how a recent jewelry purchase from the brand Automic Gold has become a signature piece that anchors her to her creative self and connects her to the future.
Tell us about an investment purchase you’ve made.
I purchased my first solid gold necklace, complete with a locket. It's the first piece of fine jewelry I've ever owned.
How much did you spend on it?
$700.
Why do you consider it a good investment?
My personal style is a big part of my artistic expression, and this necklace feels like I've found my signature piece. I'm excited to pass it along as a family heirloom.
Answers are edited and condensed for clarity.
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