Stacy Francis, President and CEO of Francis Financial was quoted by The Wall Street Journal on the trending phenomenon of ‘girl math’ that has swept the masses.
Read MoreArticles about emergency funds may have put you to sleep as recently as a year ago. You would have been lucky to find a high-yield savings account paying out 1%-2% at that time.
However, with interest rates soaring, cash investments can post sizable returns, driving some of the highest interest payouts in decades. This is the perfect time to make a case for why building an emergency fund is essential in high- and low-interest rate environments.
Where to keep your emergency cash
An emergency fund is a cash cushion of roughly three to six months of living expenses. If your job is unstable, a family member has significant health issues, or you are solely responsible for all your bills, you should aim for even higher amounts. It is not unheard of to see emergency funds covering a year’s expenses. Having this extra cash buffer will protect the wealth you’ve built so that no situation can jeopardize this and cause your financial world to crumble.
Read MoreToday on Feminine Roadmap, wise financial advice for widows with Stacy Francis. Stacy is a financial advisor, founder of the non-profit Savvy Ladies and champions women to take control of their finances so they can achieve financial security. From a personal experience in her family, she became passionate about helping women to be financially secure after the loss of a spouse. Her advice is straightforward, practical and easy to follow. Stacy encourages women to get their team in place: a state planning attorney, a financial advisor and a grief recovery coach or counselor.
Read MoreBeing able to handle financial assets in a divorce – knowing what the retirement accounts are and how they should be split, is an essential part of the divorce process.
Read MoreNearly a third of marriages today have no primary breadwinner, as women continue to make strides toward greater equality at work and home.
Read MoreGrief doesn’t always have to be directly related to death. In this episode, we speak with Stacy Francis. Why are so many women not engaged with money? It’s 2023 – it’s time for women to make financial decisions independently. 80% of women will end up alone the stats show us. Stay tuned!
Read MoreMoney can be a relationship’s downfall; it can also be the reason couples stay together.
With more Americans feeling financially constrained, 23% of all couples are primarily staying in their current relationships due to financial dependency, according to a new report by LendingTree.
Read MoreCNBC FA Council member Stacy Francis shares her advice for women to start investing as soon as possible.
Read MoreOur guest on the podcast today is Stacy Francis. She is president and chief executive officer of Francis Financial, a fee-only financial advisory firm that focuses on serving women, especially those who have experienced divorce or the loss of a loved one. Francis is a certified financial planner, and she’s also a certified divorce financial analyst, a divorce financial strategist, and a certified estate and trust specialist. She also founded Savvy Ladies, a nonprofit organization that aims to educate and empower women to take control of their finances. To date, Savvy Ladies has helped over 20,000 women through free one-on-one financial counseling, workshops, and retreats. Francis also hosts her own podcast; it’s called Financially Ever After. She earned her bachelor’s degree at Middlebury College.
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