This week’s money mood: Stronger together

Truth: The business of major league sports was designed for men, by men. We all know it. So it’s no wonder that women athletes have historically suffered from a chronic lack of investment. For decades, women’s sports have been forced to work within entrenched business models copied and pasted from men’s leagues — without the funds or sustained commitments that made those leagues the profitable, longstanding institutions they’ve become today.

But those entrenched business models have not fared well lately, particularly since the onset of the COVID-19 pandemic. 2021 has shaped up to be a groundbreaking year for athletes and sports-industry innovation across the board, and unsurprisingly, the driving force behind that shift? Women. From better protections against exploitation and pay disparities to creating entirely new revenue models, women are reimagining the sports industry in big ways.

Here are three major reasons we should all be investing in — attending, watching, supporting — women’s sports right now.

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Cheering for you (and women athletes!),

— The Ellevest Team

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Your goals will thank you later

We believe having a coach in your corner is so important that we’re offering 10% off our most popular sessions. You cheer on your fave athletes — let us cheer for you.

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Text quote from Naomi Osaka that reads, “The intention was never to inspire revolt, but rather to look critically at our workplace and ask if we can do better.”

How to navigate a career transition

Believe it or not, women+ rarely want to go through the tedious career change process just for more money. There’s usually a deeper reason why we want to leave.

MAKE MOVES >

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New: Emergency fund calculator

This downloadable worksheet can help you set a savings goal (and make a plan to get there).

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$$$ win of the week

“I'm officially a first-time homeowner! After years of saving and months of shopping in a hot market, I was able to purchase my first house.”

— Corinna, an Elle Raiser from Seattle, WA

Share your recent wins. We want to celebrate you, too. Getting ready to buy a house someday? We’ve got you covered.

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This week’s newsletter was brought to you while marvelling at the strength of women athletes at the Olympics. Forward it to your friends with a could use a little inspo.

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*The “Olympics” promotion is available for those who purchase select sessions on or before 11:59 PM ET on August 8, 2021 (the “Promotional Period”). Customers who purchase one of these select sessions before the end of the Promotional Period will receive a 10% discount on the retail price of their purchase. Store and coaching terms apply. See shop.ellevest.com/policies/terms-of-service.

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 Ellevest 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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💸 Money Cheat Sheet: Get the Ball Rolling (

This week’s money mood: Stronger together

Your goals will thank you later

How to navigate a career transition

New: Emergency fund calculator

$$$ win of the week

Ready to level the playing field?

This week’s newsletter was brought to you while marvelling at the strength of women athletes at the Olympics. Forward it to your friends with a could use a little inspo.

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