5 Ways Women Can Start Investing to Build Lasting Wealth

by Patricia Stallworth 0 Comments

Video Transcript:

It’s no secret—women face some unique challenges when it comes to building wealth. From pay inequities to longer lifespans to caregiving responsibilities, the deck can feel stacked against us. That’s why having an investment strategy isn’t optional—it’s essential for creating lasting wealth.

Hi, I’m Patricia Stallworth, a certified financial planner and educator. Here are 5 ways women can start investing to build lasting wealth:

#1: Start as early as you can—but no matter when you start, or how much you have to invest, the key is to stay consistent.
#2: Max out tax-advantaged accounts like 401(k)s, IRAs, and HSAs. And if you’re a business owner, don’t overlook SEP-IRAs and Solo 401(k)s.
#3: Fill in your knowledge gaps. The more you understand, the more confident you’ll feel making smart investment decisions.
#4: Build a financial plan. Your goals and risk tolerance should drive your investment choices, not the latest market trend.
#5: Talk about money—especially investing. The 2024 Her Money Mindset survey found that simply talking about investing increases awareness and participation.

Investing can feel intimidating, but the most important step is the first one. If you’d like guidance getting started, let’s chat—Here’s the link to schedule a complimentary call.