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TFW you have a money coach in your corner

As a Person Who Writes Things, I’m a big believer in the idea that you can learn plenty about money on your own, given the right things to read (ahem). Even enough to do the thing and really start practicing financial self-care.

But sometimes you just want a person to talk to about it all. Someone who can answer your questions. Someone to reassure you that yes, you understood your 401(k) right, or yes, your plan to pay off debt is a good one, or yes, you can absolutely take control of your spending. Someone who can help you make a plan for your money in accordance with your actual, unique-to-you life so that you can get pumped about all those goals you’re going to hit.

I can tell you from personal experience: The financial planners (aka money coaches) here at Ellevest are incredible — at their jobs, and as people. And they’re cheering for you hard.

So am I.

Deedi Brown, she/her
Senior Content Manager

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How to prep for your first money coaching session

Here are some things to ask, whether you booked a session for a specific purpose, to work through a big money decision, or just for a financial check-up.

READ THE THING >

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How to ask your employer to pick up the tab

Does your employer offer a financial wellness or learning stipend? That rocks. We made you a template to help you request a money coaching session.

DOWNLOAD IT >

Calendar reminder: Wednesday is tax day

Because of the coronavirus, tax day was pushed back this year — it’s July 15th. That’s the last day to file your taxes, if you haven’t yet, and to max out your 2019 IRA if that’s something you were planning to do.

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Book a session to build an IRL budget

You and your coach will create a full spending plan together. They’ll follow up with a specific (but realistic) one-page budget plan for paying your bills, spending, saving, investing, and non-monthly expenses. Aka everything.

DO THE THING >

An image showing two text bubbles. The first says, “I have some debt I want to tackle.” The second says, “Let’s make a plan!”

Book a session to make a plan to pay off debt

You’ll work with a financial planner to discover ways to approach your debt that feel right. They’ll follow up with a realistic plan, including a prioritized list of debts to pay and a calendar for the next three months to get you started.

GET STARTED >

Small $$ win of the week

Shout out to @cynnaminbun89, who recently had a convo about money with their fiancé ... and agreed on some prenup terms. 👏

Have a small $$ win you want to tell us about? Do it here.

Join Ellevest and get special discounts on all 1:1 coaching sessions.

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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.

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.

Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Save Account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.

Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.

Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. 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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Who You Gonna Call (With Money Questions)?

TFW you have a money coach in your corner

How to prep for your first money coaching session

How to ask your employer to pick up the tab

Calendar reminder: Wednesday is tax day

Book a session to build an IRL budget

Book a session to make a plan to pay off debt

Small $$ win of the week

Join Ellevest and get special discounts on all 1:1 coaching sessions.

This newsletter was brought to you while learning more about school district borders and racial segregation. Forward it to a friend who always comes through with great links in the group text.

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