No matter how good you are at managing your money, there’s always room for improvement. It’s not for the faint of heart, but it is necessary. With that in mind, we rounded up the best financial websites and blogs for women. With these on-the-money sites (sorry) handily saved in your bookmarks, you’ll be well on your way to upping your net worth and creating a better life for yourself.
One of the best things you can do for your future is to take the time to plan for it financially. That’s where LearnVest comes in. LearnVest was founded in 2010 by Harvard graduate and Financially Fearless author Alexa von Tobel. Von Tobel had a view that everyone, not just the wealthy, had the right to access financial planning tools and advisors. LearnVest offers both. When you sign up, you receive instant access to budgeting tools and classes. You’ll also be paired with a dedicated financial planner who will look at your current financial status – debts, assets, everything – and help you create an actionable, step-by-step plan for improving your situation. Better yet, LearnVest moves with you; as your situation improves and your goals change, so will LearnVest.
Taking an honest look at your financial status can make you feel vulnerable. So when you set out to correct your path, you want to know you’re dealing with an expert. That’s one reason to head to DailyWorth, which was launched by Amanda Steinberg in 2009. At the time, Steinberg was earning six figures as a computer programmer, but her net worth was low due to her extravagant lifestyle. Frustrated, Steinberg launched DailyWorth, a media site that empowers women to manage their money better. Users get free access to content written by financial experts – from planners to coaches. While improving her own net worth, Steinberg has improved the lives of millions of women. Better yet, Steinberg is just getting started. WorthFM, an Oprah-approved savings and investment platform, is set to launch soon.
Studies have found that millennials face a more uncertain financial future than previous generations. Wise Bread knows this, and wants to help guide its millennial readers to become more money-conscious; to live large without sacrificing their financial independence. With that said, Wise Bread’s founders, Will Chen, Lynn Truong, and Gregory Go, know there is no one-size-fits-all solution for millennials. As such, the site sources its content from a diverse pool of bloggers. One day, you might find an article by a credit card expert on how to save more money. The next, you might find an item by a lifestyle editor on how fitness can improve your finances. The cherry on top? An active community forum where you can discuss the ins and outs of your financial situation with like-minded users.
Alexa von Tobel, founder and CEO of LearnVest.
[email protected] / Money Up
When it comes to changing your financial situation, it’s common to feel downbeat. You crunch the numbers, but there doesn’t seem to be a way forward. At that moment, you should turn to Forbes magazine’s [email protected] / Money Up site. The sub-site is jam-packed with stories of real women making real changes to their finances. To say the site is motivating would be an understatement. In particular, a series called The Salary Chronicles will inspire you to take a closer look at your worth. One article in the series outlines how an investment consultant negotiated herself a $10k raise. Another item cautions against rushing into salary negotiations by telling the story of a woman who ended up with $15k less than she wanted. All in all, the site is a solid read for anyone in need of real-life motivation.
I Will Teach You to Be Rich
The title of Ramit Sethi’s personal finance site, I Will Teach You to Be Rich, is certainly appealing. (Fun fact: Sethi has a New York Times best-selling book of the same name.) But it’s also a strong promise. So, does it live up to its name? All signs say yes. Sethi aims to go beyond cliché-ridden advice such as “Skip your morning latte” and “Keep a budget.” Instead, the website is packed with tips that work. For example, Sethi outlines how to negotiate a raise at work; land a paying client if you’re self-employed; lower your credit card’s interest rate, and earn money on the side. The site is specifically aimed at the millennial generation and is written in a non-judgmental, friendly tone that will make you feel as though you can accomplish anything. And why not?
Sallie Krawcheck, founder and CEO of Ellevest.
Ellevest founder and CEO Sallie Krawcheck is a former Wall Street CEO who quickly realised the investing industry has historically been “by men, for men.” So Krawcheck set out to change the game. In 2015, she launched Ellevest, an investing platform for women. Ellevest is different in many ways, not least of which is the fact that it has no minimum balance. Everyone is welcome. Ellevest will customise a financial plan for you that details how to reach each of your financial goals. If you like what you see, you simply add funds to your account, then sit back and watch Ellevest work its magic. Another fundamental difference? Ellevest takes women’s unique experiences – salary curves, career breaks, the gender pay gap – into account and helps you invest accordingly.
NY Times Your Money
It is tricky enough to keep up with your finances, without having to factor in this ever-changing world. Happily, the New York Times Your Money sub-site is here to help. The website offers a balanced mix of news and how-tos. On the news side, you’ll be able to keep up to date with all the goings-on in the money world. Think filing dates, policy changes, and so on. On the how-tos side, there is a plethora of in-depth guides and quick, easy reads to keep you informed. In particular, pay attention to the “Special Section” articles. These are comprehensive reads on topics such as the psychology of money, retirement, and managing wealth.
Forbes / Millennial Money
If you relish the thought of taking a mixed-media approach to your money, Forbes magazine’s Millennial Money sub-site is a must-visit. The website has a suite of tools and content to choose from, depending on where you want to start. We’d recommend starting with the 30 Day Money Challenge. Each day, readers can click through to a new challenge. The challenges amount to small daily wins that over time will result in meaningful change to the way you view your finances. Millennial Money also hosts a fortnightly podcast, Two Inboxes, with Forbes staff writer Molly Ford Beck at the helm. Two Inboxes talks about managing the “side hustle” life, giving you step-by-step instructions on how to bring in extra money while working a full-time job. All in all, Millennial Money lives up to its name by being the perfect hub for any Gen Y reader.