💸 Money Cheat Sheet: 19 Pieces of Great Advice

This week’s money mood: Words of wisdom️

If you’re a regular reader of this newsletter (heyyy!), you’ll remember that a few weeks ago, we asked women over 50 from the Ellevest community to give us their #1 piece of money advice for other women.

Well, I am literally 0% surprised to tell you that they 👏 delivered 👏 … and the result is below for you to read and use. I hope it inspires you as much as it inspired me. And thank you to everyone who submitted advice — you’re all MVPs.

Warm and fuzzy,

Deedi Brown, she/her
Senior Editor

Two chat bubbles with a stack of cash and bar graphs inside floating above a cup of coffee and glass of water. Illustration.

19 pieces of money advice from women over 50

Because one of the most powerful ways women can break down money taboos and help one another reach our financial goals is by talking. about. money.

READ THE TIPS >

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This networking email course is introvert-friendly

Look, we get it — networking can feel tedious. But it can help you unlock a wealth of career wisdom. We’ll give you the scripts and strategies to start.

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Money move of the week

The bad news: There are still some big unknowns about how, exactly, the Biden admin’s plan for student loan forgiveness and income-driven repayments is going to work. The good news: You can sign up for email updates directly from the Department of Education.

▶️ Press play on these retirement insights

Franziska Williams retired on her own terms — and was able to invest in her daughters’ business. She shared how she made her retirement dream come to life in this video series.

WATCH IT NOW >

Journal moment: Time machine not included

Remember when you got your first allowance, your first birthday check, or your first paycheck? You’ve learned — and unlearned — a lot about money since then. Here are some questions to explore in a money journal that will help you reflect on how your money attitudes have changed:

What’s your first memory with money?
What’s one big money mistake you made when you were younger?
What’s one big money lesson you wish you could tell that younger version of you?
How has your financial confidence changed since then?

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Break up with debt

Next Thursday at 12:30 PM ET. Learn two different ways to start paying off what you owe.

Small $$ win of the week

“A HUGE money win! I was just promoted to a Salesforce Admin (from Jr Admin) and was given a whopping 30% raise. From $80k to $105k!!! On top of that, I'm in our bonus program at 10% and will get an extra paycheck every quarter. As a fifth-gen Latina, this is a huge money win … and SO. MUCH. MONEY! I love my job and this is just the icing on the cake that is this year.”

— Analissa, an Elle Raiser from Austin, TX

We’re not crying, you’re crying. Tell us about your latest win (big or small!) here.

🗂 For your tab collection


•	Black winemakers comprise one percent of one percent of all winemakers, which makes Robin McBride and her sister Andréa McBride John outliers in their field. One big lesson they've learned? “Bias is a business killer.”
•	Student loan scams are a tale as old as time. Planet Money offers some tips for avoiding them — and what to do if you’ve fallen for one.
•	As climate disasters become part of the “new normal,” it’s becoming increasingly critical to stay prepared — not just physically but financially. Here’s how you can stay ready.
•	The existence of systemic sexism in the art world comes as no surprise, but this number really puts it into perspective: The gender gap rings in at $192 billion. That’s billion with a b.
•	Fuzzy feelings warning: Oprah wrote an open thank you letter to Serena Williams, and there’s a high chance of tears ahead.

Psst: Ellevest members get free workshops, resources, and more.

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This week’s newsletter was brought to you while thinking about all the great women artists. Forward it to your friends who love to make things.

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DISCLOSURES

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

Information was obtained from third-party sources, which we believe to be reliable but not guaranteed for accuracy or completeness.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

As of 8/15/2022, Ellevest Membership fees can be found here. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

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💸 Money Cheat Sheet: 19 Pieces of Great Advice

This week’s money mood: Words of wisdom️

19 pieces of money advice from women over 50

This networking email course is introvert-friendly

Money move of the week

▶️ Press play on these retirement insights

Journal moment: Time machine not included

Break up with debt

Small $$ win of the week

🗂 For your tab collection

Psst: Ellevest members get free workshops, resources, and more.

This week’s newsletter was brought to you while thinking about all the great women artists. Forward it to your friends who love to make things.

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🎒 Opinionated: Memes, Tweets, and Reads, Oh My!

💸 Money Cheat Sheet: What’s an F-You Fund?

🙃 Opinionated: Oh Hey, Double Standards

💸 Money Cheat Sheet: Summer Scaries

🎾 Opinionated: Can We Talk About Serena?

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💸 Money Cheat Sheet: 19 Pieces of Great Advice

This week’s money mood: Words of wisdom️

19 pieces of money advice from women over 50

This networking email course is introvert-friendly

Money move of the week

▶️ Press play on these retirement insights

Journal moment: Time machine not included

Break up with debt

Small $$ win of the week

🗂 For your tab collection

Psst: Ellevest members get *free* workshops, resources, and more.

This week’s newsletter was brought to you while thinking about all the great women artists. Forward it to your friends who love to make things.

Older messages

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Psst: Ellevest members get free workshops, resources, and more.