Sallie's Opinion

Building Wealth Is a Long Game. Here are Two Ways to Play It.

At Ellevest, we’re all about building women’s wealth. So we think about this pretty much all of the time.

Historically, there have been just a couple of ways to reliably do it.

And it hasn’t been by winning the lottery. Or even by being great at your job. And wealthy, long-forgotten relatives who leave you money have been few and far between.

Instead, to build wealth, you’ve historically had to tap into something that Einstein is said to have called the eighth wonder of the world.

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CO-FOUNDER & CEO

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It’s Giving Tuesday! How do donations fit into your budget?

Yeah, you read that right — you can build your charitable giving into your budget along with everything else. Here’s a quick step-by-step on how to do it (and why).

“Think of money as a joy, not a jail.”

–Elle Raiser @annjan4life when we asked you on IG about your list of 2023 money goals so far. Brb, gonna go cross-stitch and frame this.

Money tip of the week: Student loan repayments paused (again)

ICYMI: The Biden administration has once again extended the pause on student loan repayment, this time while it battles injunctions against its forgiveness program in the courts. (Payments were supposed to go back to normal in January.)

If the courts end up siding with the administration, the forgiveness program will get back on track, and repayments will resume 60 days later. If no decision is made by June 30, 2023, payments will resume 60 days after that (aka the end of August).

Mark your calendar



•	Planning Your Dream Retirement: You have the vision. Learn what you need to make it happen. 🔮️ THURSDAY 1 PM ET: Sign Up
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Busy this month? Check out all upcoming workshop dates and times.

A screenshot of a tweet from Dolly Parton that reads, “Back on that 9 to 5” with a still of Dolly from the film 9 to 5.

Links to get you through the post-holiday week

•	Companies in the S&P 500 gained a net ten new women on their boards last month. A big reason for that? More companies are giving first-time board members a shot. “The addition of less experienced directors has been a key step in widening the pool of women who can serve on boards.”
•	New York officially became the first state in the country to ban cryptocurrency mining, citing its environmental impact.
•	Bigger cereal box, higher price … less cereal inside? If you’ve ever thought about “shrinkflation” — the phenomenon where brands downsize products ever-so-slightly to manipulate consumers and maximize profits — you’ll love this profile of consumer reporter (and expert fine-print-reader) Edgar Dworsky.
•	In case you missed it: Earlier this month, an American Bar Association panel voted to make the LSAT optional for would-be law school applicants. (Individual schools can still require it, though.)
•	“Swiftonomics”? Sure, why not?

Build a better future for you — and a better world for all of us.

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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 past performance is not predictive of future results.

Ellevest, Inc. is a SEC registered investment advisor. Membership fees and additional information can be found at https://www.ellevest.com/.

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What The Elle - 🗺️ The Long Road(s) to Wealth

Building Wealth Is a Long Game. Here are Two Ways to Play It.

It’s Giving Tuesday! How do donations fit into your budget?

“Think of money as a joy, not a jail.”

Money tip of the week: Student loan repayments paused (again)

Mark your calendar

Links to get you through the post-holiday week

Build a better future for you — and a better world for all of us.

This week’s newsletter was brought to you while being legally no fun. Forward it to your friends who are dreading company holiday parties.

Older messages

🍠 Thanks Where Thanks Is Due

💥 Pop! Goes the Bubble

☑️ An Important Note About Tomorrow

⚔️ Let’s Get Down to Business

💊 Go Ahead, Be a Pill About It

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