Lower your stress, boost your savings

Lower your stress, boost your savings

"I've been poor, and I've been rich,” Mae West famously said. “Rich is better."? No doubt! But women also face some unique financial challenges, including having less money in savings on average than men and navigating the gender pay gap.? More specifically, as a recent study showed,?

  • 40% of women are not saving enough for emergencies,?
  • 33% percent are not following a budget, and?
  • 24% have accumulated too much bad debt.?

Of course, you can find plenty of suggestions about how to improve your finances online. But this Financial Literacy Month, we want to dive beneath the surface to understand how women can develop a better relationship with money and its close cousin, negotiation. We spoke with two inspiring experts, author Meg Myers Morgan and Bank of America’s Angela Antonio. We also have two great conversations from our podcast archives with financial gurus, Tiffany Aliche and Suze Orman. May they help lower your stress and boost your savings!?

-Lisa B.


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How to Like—and Master—Negotiation?

Negotiation can be a provoking word, especially for women, as Meg Myers Morgan, Ph.D., said in a recent talk at the 2024 National Conference for Women.?

But Morgan is on a campaign to reclaim negotiation as a way to simply ask for what you want in the workplace, at home, or anywhere else. That begins, she says, by dispelling some common myths, including that negotiation is about conflict, being manipulative, and a zero-sum game.?

To each of those, Morgan says nope.?

  • Negotiation is not about conflict; it’s about collaboration.?
  • Negotiation is not about being manipulative; it’s about leveraging your worth for something you value.?
  • Negotiation is not a zero-sum game; it is always about a win-win result.?

So, how has she learned about the true art of negotiation??

Yes, she has worked with hundreds of people to negotiate higher salaries, better work schedules, and stronger professional relationships. She’s written the book Everything Is Negotiable. She’s an associate professor at the University of Oklahoma and received her executive and leadership coaching certification from Columbia University.?

But the real story begins with watching her daughters. Check out the conversation here.


Want to Improve Your Finances? Look to Your Network of Women ?

Angela Antonio, who just celebrated her 30th anniversary working for Bank of America, says her greatest passion is helping women succeed financially.? ? She joined us recently for a conversation about what can get in the way, including discomfort about talking about money and the habit of putting others first.? ? But there are positive signs of change—and a powerful asset we can tap into when it’s time to advocate for more pay, a promotion, or whatever you need: Your network of women friends.? To learn more about how to work this—plus practical tips for getting better at personal finance—check out the conversation here .?


Tiffany Aliche (The “Budgetnista”) on How to Get Good With Your Money ? Aliche is a former teacher who has become a personal finance educator and best-selling author. She discusses budgeting, investing, saving plans, and more on our Women Amplified?podcast. Listen here.

Suze Orman on How to Create a Financial Roadmap for a Lasting Legacy The New York Times has called Orman America’s favorite financial advisor. She’s funny, direct, and extremely knowledgeable. She joined us on Women Amplified. Listen here.


Massachusetts Conference for Women Registration Opens Wed. May 15th

Tickets for the December 12, 2024 Conference will go on sale May 15th at 12:00 PM ET.

Mark your calendar for a registration announcement reminder | More info


Career Connections Program—New Content!

If you haven't logged in to the FREE Career Connections Program platform since April 1st, you're missing out on new expert advice to help you level up your career — or find a new one. Learn about boosting confidence, returning to the workforce, managing up, and more. LEARN MORE

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