Women Educating Women

When it comes to the best personal finance books, there are a lot of different opinions out there.

Don't you wish you had a best friend who was a money expert and would tell it like it is when it comes to things like personal finance, financial independence, building wealth, budgeting, how to save, and building your credit?
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You probably want the friend who is kind, but doesn't sugar coat things. You know, the one who won't let you leave the house in an ill-fitting dress and fixes your lipstick before a group photo?

The 10 Best Banks to Open an Account: Why They Are the Best

So you want to know which is the best bank to open an account.

Whether you are opening a checking account or savings account, money market account, or other account, we know you want to choose the best bank for you.

Banking Mindset

First of all, let's get in the right mindset. The bank is not doing you a favor by "allowing" you to open an account with them.
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Banks make money by...

Are you looking for ways to save on your taxes this year? If so, you're in luck! In this blog post, we will discuss the 10 best tax tips to help you save money on your tax bill.

Know the Tax Code

Whether you are self-employed or just trying to get a tax refund, these tax tips will help you reduce your tax liability and keep more money in your bank account. Read on for some simple tax advice to save you money.

#1 Deduct Your Business Expenses
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If you are self-employed, you can deduct business expenses from your taxable income.
This can include things like office supplies, advertising costs, and travel expenses. Be sure to keep track of all of your business expenses so that you can claim them on your tax return.

If you're looking to change your financial situation, it's important to start with your mindset. A positive money mindset is key to manifesting wealth and success.

You need to believe that you are capable of great things. You need to ignore your doubters and haters. You need to construct a clear plan and execute, despite people telling you you can't.

We need to find reasons we can make it, not reasons we can't.

These books embrace this mindset.

The Best Money Mindset Books

In this blog post, we'll list five of the best money mindset books for you to read.

Rich Dad, Poor Dad

We're going to start with our number one pick, the grandaddy, or rather, the daddy, of all personal finance books: Rich Dad, Poor Dad by Robert Kiyosaki.

Rich Dad, Poor Dad is really the closest you can get to a literal manual for the positive money mindset. Rich Dad, Poor Dad is packed with financial advice.

Rich Dad, Poor Dad makes many lists of top personal finance books, and there is good reason why.
Rich Dad, Poor Dad teaches us that the key to financial freedom and escaping the rat race is financial education and financial intelligence.

Gaining financial intelligence means you need to pursue financial education through books, seminars, courses, videos, podcasts, webinars, or any other medium to constantly improve your financial literacy and financial IQ.
Rich Dad Poor Dad says that we are always learning and need to constantly study and improve.

Rich Dad Mentality

Kiyosaki tells the story of his "rich dad" (his friend's dad) and his "poor dad" (his dad). 

"What Is An NFT?"

This is not a stupid question. Guess what, a lot of people don't know what NFTs are and you are in the right place, because we are going to explain NFTs to you.

Congratulations for taking this step on your personal finance journey.

NFT stands for Non-Fungible Token

NFT stands for non-fungible token.

What does that even mean?
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"What Is Cryptocurrency?"

This is not a dumb question.

First things first: the image above is deceiving. When you buy cryptocurrency, you will not receive an actual coin as shown above.

According to a recent report from Gemini (that is a cryptocurrency exchange) 26% of current crypto holders in the United States are women.

By educating ourselves about cryptocurrency, women can have the confidence to penetrate this industry and get more involved in the crypto world.

So, in Plain English, What Actually Is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units.

​So you are thinking about your retirement plan, retirement savings, and what retirement account to open.

Congratulations to you!

You have already taken step one in a retirement plan: thinking about investing your money for your future and doing research by coming to FundsSavvy.com.

When it comes to saving for retirement, there are a lot of options to choose from. Two of the most popular are the Traditional and Roth IRAs.

So, which is better? In this blog post, we will discuss the difference between Traditional and Roth IRAs and help you decide which is best for you!

What is the Difference Between a Roth IRA and Traditional IRA?

The biggest difference between Traditional and Roth IRAs ... 

Some Personal Finance Books are Classics for a Reason...

If you're looking for ways to improve your personal finances and overall financial independence, you may want to start by reading some personal finance books. There are a lot of great books out there on the topics of financial life: getting out of debt, budgeting, money management: what you should spend your money on and what you should not spend your money on, investing, and principles of building wealth. It can be tough to know which ones are worth your time.

That's why we've put together a list of the 10 best personal finance books, based on our own personal experience and the recommendations of experts.

These best personal finance books can help you learn how to save money, invest wisely, develop total financial independence, and much more.

​Keep reading to find out more!

How to Start Investing in the Stock Market

Are you interested in learning how to invest in the stock market for beginners? If so, you have come to the right place! In this blog post, we will discuss 10 simple steps that will help you get started.

We will also walk you through and guide you on how to open a brokerage account, what types of trades you should research, different account options, and how to create a strong economic future for yourself and your family.

Step 1: Decide What You Want to Accomplish

Step one is deciding what you want to accomplish. What is your end game? Lay out your goals and write them down.

Before you start investing in stocks, you need to decide what you want to achieve.

Are you looking to grow your money over time? Are you looking for a short-term investment that will provide a quick return?

Do you want to save for retirement, buy a house or car, or just play around with market data and try your hand at investing in the market?

Perhaps you just want to invest your money, let it sit there and never look back, until it is time to retire.
Your goals will help determine the type of investments you should make. 

Step 2: Understand the Risks Involved
All investments involve some level of risk, and stock investments are no exception.
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The Best Mutual Funds For Beginner Investors: A Guide to Stock Market Investing
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Are you looking to invest in the stock market but don't know where to start? If so, you're not alone.

Many people are intimidated by the thought of investing, especially in stocks, stock funds, bond mutual funds, or other securities. Maybe you have floated the idea of investing in cryptocurrency, but want something more traditional to start.

With a little knowledge and guidance, anyone can become a successful investor.
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In this blog post, we will discuss what to look for when trying to find the best mutual funds for you as a beginner investor.

First of All, What is a Mutual Fund?

Mutual funds are a great way for beginner investors to get started in the stock market. A mutual fund is a group of stocks, bonds, and other securities that are packaged together and offered to investors.

How Can I Buy a Mutual Fund?

You can buy a mutual fund by opening a brokerage account right on your phone or online. 

What Happens When You Invest in a Mutual Fund?

When you invest in a mutual fund, your money is pooled with other investors and used to buy shares of different stocks, bonds, and other securities.

This gives you exposure to a variety of assets, including stocks, bonds, and other securities without purchasing each one individually.

What Are the Benefits of Investing in Mutual Funds?

One of the benefits of mutual funds is that they are managed by investment professionals. This means that you don't have to do the research or legwork to find the best stocks and other securities to invest in. The mutual fund manager will do this for you.

By investing in a mutual fund, you are essentially giving a professional manager all of your eggs from your Investment Easter Egg Hunt, and the expert, or fund manager, is dividing those into many different baskets for you, so you don't have the notorious "all of your eggs in one basket" syndrome.
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If one basket tips over or a mystery bunny decides to swipe some candy, you are diversified and still have a ton of treats.
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Which Mutual Fund or Funds Should I Choose?