Sign-up for our newsletter and join us on our mission to save as much money as possible!

The Gender Pay Gap Is Real – Invest Like A Woman

Mekelle Bess
April 23, 2018
Some of the links in this post are from our sponsors, and we might earn a commission if you click on one. We are letting you know because, as our grandmother taught us, an honest penny is better than a stolen dollar. Now, back to filling up your piggy banks.

51% of women say that they are the CFOs of their household. Women today manage everything from the family finances to a career and everything in between. They do it all.

So why is it that women, who make up half the workforce, and who are integral in supporting their families, and who receive more college and graduate degrees than men, still earn a staggering 20% less than men on average?

To add insult to injury, women are falling behind when it comes to investing their hard-earned money.
Only 45% of salaried women participate in a retirement plan, and when it comes to investing, women are less confident than men. In 2017, just 43% of women said they were confident in their investments compared to 56% of men.

Don’t be a statistic. Here’s a closer look at how you can close that gap and invest in your future like a boss.

1. Stash

There are plenty of excuses for not investing, but not having enough money is not one of them anymore. Because with Stash, all it takes is $5 to get started. That’s pretty incredible if you ask me! You don’t have to put away thousands of dollars to start earning and investing today.

Stash is an SEC-registered investment adviser. To get started you just need to sign up for a Stash account and then you’ll get access to over 30 different investment options and personalized guidance along the way.

Connect your bank account and use as little as $5 to make your first investment. You can also buy fractional shares so you can invest what you can afford.

Stash is an excellent tool for women who want to start investing but don’t have thousands of dollars to do it. It’s designed so women like you don’t have to choose between the bills, upcoming soccer dues and investing a little money here and there. You can do it all!

2. Stockpile

Stockpile is an excellent way to buy stock in companies you’re already familiar with. You can buy fractional shares of individual companies with just $5. That means instead of dealing with confusing ETFs, you can buy shares in trusted brands like Amazon, Netflix, and Google. It’s the best way to learn about investing with only a few dollars.

To help new investors begin their portfolio, Stockpile is giving out $5 in free stock when you sign up. Don’t skip this one!

Open a free Stockpile account here to get $5 of free stock.

3. Blooom

When was the last time you checked your 401(k)? You likely haven’t lately because 1) you don’t understand (don’t worry, the confusing jargon and pie charts stump us all) or 2) you have someone else doing it for you (i.e. your husband or a retirement fund manager).

But ok ladies, it’s time to take control of your retirement and know exactly how you’re doing. So Blooom is here to help.

Blooom is a robo-advisor that does the work for you. It stays on top of your 401(k) plan and optimizes your investments every 90 days. It helps you meet your financial goals without all the hard work—and for only $10/month.

Take control of who and what is managing your future retirement. Let Blooom manage your 401(k).

So ladies, don’t wait any longer to step it up and take control of your finances. Manage, invest and secure your financial future with the help of these tools.

A cheat sheet of tools:

Start investing with just $5Stash

Buy stock with big companies Stockpile

Manage your 401(k)Bloooom

Hold on!

We aren’t done helping you make and save money! Swipe for lot’s of ways to connect with us so you never miss a single one of our money tips or tricks. Your wallet will thank you.

In need of some daily motivation to get your finances on track (who isn’t)?

Follow us on Instagram.

Follow on Instagram

Join our community “Let’s Talk About Debt” for support and expert help around all things debt.

Subscribe to our YouTube channel for money saving app reviews brought to you by our editors.