 Best Cryptocurrency Exchanges The cryptocurrency market can be intimidating for anyone, especially for us as women. If you are a woman interested in cryptocurrency, you have come to the right place to find the best crypto exchange. The thing is, there is tremendous opportunity for females in the crypto space to increase our financial independence by getting involved in the crypto market and digital currencies. Crypto trading is a great opportunity for everyone, especially women. The finance and tech space is traditionally dominated by men. Twice as many men as women are cryptocurrency investors according to CNBC's Invest in You: Next Gen Investor Survey. Systemic barriers like the income gender gap already set us up for having to work harder to get into the cryptocurrency market, since we have less capital to invest with. Make your money work for you with cryptocurrency and finding the best cryptocurrency exchange for you. By taking charge of our education, and learning about finance, investments, bitcoin and blockchain technology, we can level the playing field and increase our wealth and power. We need more women and female entrepreneurs in bitcoin, blockchain technology and crypto. A more diverse group in this space can only make it stronger. Cryptocurrency for women can only grow by us getting more involved. Cryptocurrency can help you, whether you are a single mother, married woman, or one of many other women who just want to learn about cryptocurrency and see what it can do for you. Women in developing countries may be able to open cryptocurrency accounts, even if they have not been successful in opening bank accounts. Cryptocurrency's international reach can help those who may not have access to traditional banking be able to control their assets. Diversifying your investments with the cryptocurrency space can add value to an existing portfolio including mutual funds, New York Stock Exchange and NASDAQ securities and other investments. If this is your first account on a crypto exchange, or anywhere you are opening, congratulations on taking the first step getting started. Let's find the best crypto exchange for you.  What is Cryptocurrency? First of all, what is cryptocurrency, anyway? Do not be embarrassed if you don't know. Cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography and blockchain technology to secure the transactions and to control the creation of new units. Bitcoin, Ethereum, and Litecoin are some examples of cryptocurrency. Crypto is different from banking with traditional institutions because cryptocurrency is decentralized; meaning it's not subject to government or financial institution control. In 2009, when Bitcoin was created, the cryptocurrency could only be bought with fiat currency (U.S. dollars), but now you can buy different types of crypto with other cryptocurrencies as well. You can also use cryptocurrency to purchase goods and services. What is a Cryptocurrency Exchange?A cryptocurrency exchange is an online platform that allows you to buy, sell, or trade cryptocurrencies for other digital assets or traditional currency. Exchanges can be centralized (controlled by one entity) or decentralized (peer-to-peer ). Centralized exchanges are more common and offer a wider range of services, while decentralized exchanges are growing in popularity due to their security and privacy features. When you sign up for an account on a cryptocurrency exchange, you will need to provide your name, email address, and password. You may also need to provide proof of identification and residency. You will also be asked to choose a cryptocurrency wallet in which to store your digital assets. A cryptocurrency wallet is like a bank account where you can store, send, and receive cryptocurrencies. There are many different types of wallets, so it's important to do your research before choosing one. What are the Fees?Most exchanges have a variety of fees, including crypto exchange fees. So How Do We Get Started?Cryptocurrency is a form of virtual currency. You can send crypto assets as a form of payment, and you can hold onto it as an investment vehicle and grow your wealth. If you're interested in cryptocurrency, the first step is to find a cryptocurrency exchange that works for you. Different exchanges have different features, fees, pros, and cons. It can be complicated to get started with cryptocurrency, and often it is best to start small and increase your cryptocurrency investments as you become more familiar with the cryptocurrency space. Best Cryptocurrency Exchanges For WomenIn this blog post, we'll list the best platforms and discuss what their fees are, as well as their pros and cons. We'll also give you a little bit of information about each platform so that you can decide which one is right for you. The Best Cryptocurrency Exchanges Here are are the best cryptocurrency platforms for women:  Coinbase Coinbase is one of the most popular platforms out there and it's no surprise why. It has a user-friendly interface, low fees, and allows you to buy and sell cryptocurrencies. It's based in San Francisco and is backed by trusted investors. Coinbase is easy to use and has a simple, intuitive app. Transaction fees can be high: As Coinbase explains on its website, "When you place an order at the market price that gets filled immediately, you are considered a taker and will pay a fee between 0.04% and 0.50%. When you place an order which is not immediately matched by an existing order, that order is placed on the order book. If another customer places an order that matches yours, you are considered the maker and will pay a fee between 0.00% and 0.50%." Check out Coinbase's pricing tier chart here:  Do you know your credit score? If not, you should find out about your credit health as soon as possible. Your credit score is one of the most important numbers in your life, and it can have a huge impact on your ability to get loans, rent an apartment, and even get a job. It was just 1974 when all women were guaranteed the right to have a credit card in their own name. We have a lot of catching up to do! Did you know that nearly 80% of Americans have poor or no credit history? If you're one of them, you can get higher credit scores and save money! In this blog post, we will discuss 12 simple tips that will help you boost your credit score with good credit habits, build your credit with a solid credit history, and save money!  Get Your Credit Reports Tip 1: Get your credit reports. The first step to improving your credit score is understanding where you stand currently. You can get a free credit report from AnnualCreditReport.com. By law, you are entitled to free annual credit reports from each of the three major credit bureaus. Your Equifax credit report, Experian credit report, and TransUnion credit report will show you the information these credit bureaus have on you, including any credit card accounts and your credit score. Make sure to check your credit report for any errors and dispute them immediately. Understand what goes into your credit score calculation. Your credit score is determined by five main factors: payment history (35%), amount of debt owed (30%), length of credit history (15%), new credit accounts opened (ten percent), and type of credit used (ten percent). It's important to review this report carefully to identify any errors or areas of improvement. You can also get a free credit score from several different websites, such as CreditKarma.com or Quizzle.com. These scores are not the same as your credit report, but they will give you a general idea of where you stand. Start Establishing Credit and Building Credit Tip 2: Start using credit cards to build credit. Credit cards are one of the best ways to build credit, and if you use them responsibly, they can help improve your credit score in a short period of time. Make sure to always pay your credit card bills on time and keep your balances low. It is best if you can be making on time payments and pay the balances in full each month. Even if you use your credit card once a month to go out to dinner, paying even a low balance in full every month will start to build up your credit history. Credit history accounts for 15% of your FICO ® Score. The longer, the better. So if you are new to credit or rebuilding credit, start building a good credit history now. Your credit scores improve if you have different types of credit, such as auto loans, credit cards, student loans, and so on. Debt-to-income ratio (DTI) Expand While this isn't directly part of how your credit score is calculated, your debt-to-income ratio (DTI) helps determine if you can comfortably afford to make your payments. What you definitely do not want to do is run up your credit limit. How much you owe makes of 30% of your score. It's better to keep balances low. If you plan to carry a balance on your credit card, try to stay below a 30% utilization rate of your credit limit. Get A Secured Credit Card Tip 3: Get a secured credit card. Secured credit cards are a great way to start building credit and establish credit if you’re just starting out or have had some trouble with debt in the past and have poor credit. With a secured card account, you put down a security deposit that serves as your credit limit. Secured credit cards are a great way to prove that you can manage debt responsibly, make on time payments, and eventually transition to an unsecured card. 12/12/2021 0 Comments Five Things That Will Make You Wealthy The key to achieving a goal is reducing a problem to simple steps. Here are the five steps to achieving wealth.
1. Focus on Increasing Income, Not Your Bills First Lady Eleanor Roosevelt said, “Great minds discuss ideas, average minds discuss events, small minds discuss people.” Be a great mind and discuss ideas. I know, you have a mountain of bills so it’s hard to brainstorm how you will generate more income. You must free your mind and create the space to think. Where do you think of your best ideas? In the shower? While driving? Sitting listening to music? Create those experiences so you can let your brain flow. Do you have a great business idea but just need to wrap your head around it and take action steps? Create that time to make that happen. Too busy worrying about your bills to do that? Keep reading. 2. Start Using a Budget You need a written plan for every dollar you have. Simply, calculate how much money is coming in and what you spend your money on. Figure out your needs vs. wants. Prioritize saving for an emergency fund. If the last two unprecedented years have taught us anything, it is to expect the unexpected. Have 3 to 6 months of savings for expenses in case of a job loss, medical emergency, or other change in life situation. Budget to make payments toward debt or pay off debt completely. Lastly, incorporate fun: Like an extreme diet, an austere budget where you can’t do anything go anywhere, or celebrate life’s milestones is not sustainable. . Eventually it becomes too restrictive and you will binge, or in this case, spend too much. Include a category for entertainment, with funds for travel and holidays. Your “Fun” budget category may be small, but don’t totally eliminate it. Revisit your budget often and fine tune to cut corners. Reward yourself when you meet debt payments and savings milestones. Get in touch with us at info@fundssavvy.com and we will send you our free budget worksheet that easily helps you organize your budget in minutes. 3. Live Below Your Means You do not need to spend to impress anyone else. If you love a luxury item and you are buying it because you want it and like it, (and have budgeted for it) that is a good reason. It’s a losing battle to purchase items or participate in costly activities just to “keep up.” Trust me, I’ve made this mistake. You go eat at a restaurant your friends want to try and halfway through the meal you realize, “I don’t even like this place or this food.” Buy classic quality items that last, not fast fashion that is in and out in a week. Stack your activities. Go for a stroll with a friend instead of dinner: workout, walk the dog, catch up; hanging out costs nothing. 4. Get Out of Debt and Automate Payments You need to get out of debt, but you also can’t constantly be thinking about it. If your mind is consumed with thinking about your bills and what you owe, you will feel like you are washing a never-ending pile of dishes you can never complete. Start an automatic debt repayment plan and revisit it every three months to see if you can increase payments. This will allow you to focus your mental energy on ways to turn your passion into your 9-5 or how to grow your side hustle. 5. Be Generous You get what you give. Practice gratitude daily. Don’t be stagnant with your generosity. Even if you are able to donate a dollar per month to a worthy charity, you are making a difference. If you can tip extra to the delivery person who battles inclement weather to bring you your dinner, you’re making a difference. Keep the flow of money going by doing exactly that. Keep it flowing. 11/12/2021 0 Comments Which Debt Should I Pay Off First? So you want to start or accelerate paying off debts, and you have a student loan, credit card debt, car payments, mortgage … the list seems to go on. It may seem impossible to get your total debt under control, but as you look at each debt one by one, it may not seem so overwhelming. Now, close your eyes and imagine all your credit card balances are zero. How does that feel? Let’s start your plan on what to pay off first.
1.Any past due bills Keep your good credit rating intact or get back on the right track. First, pay off any past due bills that are or could eventually jeopardize your credit rating. 2.Pay off the debt with the highest interest rate Line up your credit cards and literally tape each one to a piece of paper. Write out the APRs next to each one. You want to eliminate the debt with the highest interest rate first. There’s personal preference options when it comes to paying off debt. Snowball method List your debts from smallest to largest balance (regardless of interest rate). Make minimum payments on all of your debts, except the smallest. Pay as much money as you can toward the smallest debt until it is paid off, then move onto the next smallest and so on and so on until all debts are paid off. Psychologically, it may be encouraging for you too see those smaller debts paid off. Avalanche method Make minimum payments on all debt, then use extra funds to pay off debt with the highest interest rate. 3. But, hey, neither of these methods is going to work unless you stop racking up debt. Stop charging! Let’s get to the heart of the problem. Why do you keep racking up credit card debt? Take a good look at your last three statements on each credit card and see what you are spending money on. Could you switch up dinner plans with friends for a hike and picnic or head to a museum? Are you traveling a bit more than your budget allows at this time? Perhaps you need to be more selective with the trips. Are you making impulse purchases to satisfy an emotional need? Once you pay off the credit card debt, it is important to create new habits that don’t rack up more debt and send you back to square one. 4. Save money on automatic charges See if there are payments you can eliminate or reduce. Go through your monthly statements and cut out any subscriptions you aren’t using. Are you really watching all those cable channels? Check out your insurance rates and cell phone bills. Shop around for more competitive rates and see if you can cut costs there. Make a list when you are grocery shopping so you don’t aimlessly pick out items that end up spoiling and getting thrown in the trash. 5. Automate your debt payments so you can focus on generating more income “What you think about, you bring about,” right? You don’t want to be thinking about your debt. Your energy is better focused on how you can generate more income and improve your life overall. Financial independence leads to freedom and options, and that’s really what getting control of your debt is all about anyway, right? 3/29/2021 Should I Ask My Coworkers About Salary? The subject of salary is a tricky one, especially if you want to find out what your coworkers make.
Is it appropriate to ask someone you work with what their salary is? FundsSavvy was interviewed for a GoBankingRates article on this. Check out the full article here.  The pandemic brought many changes, correct? Maybe your dog is now your coworker. You bought a whole rack of new sweaters for all your Zoom meetings. Maybe you took advantage of all that time social distancing to embark on some self-improvement with online classes. Perhaps you incurred medical expenses. There may also be significant changes to the way you are doing your taxes.
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