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"We can't ditch our fears, but we can be intentional about managing our fear," Sokunbi said during CNBC's Women & Wealth event on Tuesday. Most women are worried about moneyFor women, "financial stress is pretty consistent across all age groups and income," said Lorna Kapusta, head of women and engagement at Fidelity. However, financial stress levels drastically decrease with each additional month of emergency savings set aside, according to Fidelity. Roughly 81% of women with no emergency savings felt a fair amount or a lot of stress. Once women have three months' worth of emergency savings, only 26% report high stress levels, Fidelity found.
Persons: Bola, Bola Sokunbi, Prosper, , Sokunbi, Lorna Kapusta, Kapusta Organizations: Clever Girl Finance, CNBC's, Fidelity Investments, Fidelity Locations: Bola Sokunbi, Northwestern
Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). These are the best personal finance books by women for 2021:If you're lounging around and looking for a good read that can help you get your personal finances in order, we have a list of goodies for you to consider. Below is a compilation of great personal finance books authored by inspiring women. Whatever your income level, this book can help you understand how to stay on track when it comes to your personal finances. It's an effort to prove that personal finance should be simple by fitting the things you need to know about managing money on a few index cards.
To start, if I had followed my mentor's advice and trusted Amazon CEO Jeff Bezos' relentless will to dominate the market, I could have been nearly $40,000 richer today. It wasn't enough for me to have just one handbag, so a few months later, I bought another. I started refocusing my attention on my early retirement plan and, with great difficulty, sold all my handbags through eBay and various consignment stores. Luckily, I was able to sell a few for close to what I paid for — and even more for some. Thanks to Chanel's crazy price increases, I sold that very first handbag for $5,700 (double the amount I originally paid).
I've done just about every side hustle you can imagine, from selling Avon products to my mom's friends to starting an online retail store for bridal accessories. But Onada Photography, the wedding photography business that I started in my early-20s, was my longest-running one. A natural interestGrowing up, my dad was always taking photos of our family. But the idea to turn my hobby into a business came about during a trip to Jamaica for my friend's wedding. I was more than happy to do it, and photos I took turned out better than I expected.
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