Surveys consistently show that women lag behind men in retirement savings. One of the big contributing factors is that women still earn less than men on average.
Here's the thing though, even if the deck is stacked against us, women can and should be able to outpace their male counterparts when it comes to savings.
The secret: Smarter choices. We need to make every penny count.
And we're here to help. We've compiled this list of apps that can help you save more and invest your hard-earned money smarter. Take a look…
Borrow up to $50k to finally crush your debtDebt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you never make progress because of the interest.
Solution: A personal loan.
Yes … it seems counterintuitive. But a personal loan could help you get out of credit card and other debt faster,* without any drastic life changes. With help from Personal Loan Pro, you could consolidate your debt (with potentially way less interest) in one simple monthly payment.
If your credit is over 600 and you earn $30k+ per year, get started while rates are still low. It won’t affect your credit score to check your rate, and you could borrow up to $50,000 to pay off your debt ASAP.
Invest in famous art (even if you’re not a millionaire)
With the stock market as volatile as ever, Bloomberg asked investment experts where they'd invest $100,000 right now. They favored alternative investments, which included art.
After all, the ultra-wealthy, from the Rockefellers to Jeff Bezos have collected art.
And for good reasons:
- Blue-chip art prices have appreciated 13.6% annualized (1995-2021)
- Some billionaire collectors allocate 10–30% of their portfolios to art
- Low correlation to stocks historically, according to Citi
Thanks to Masterworks, the fintech unicorn from NYC, you can invest in art without needing millions. By offering shares of investments in works by artists like Warhol, Basquiat, and Picasso, everyone can be a bona fide art investor.
In fact, their $7.4M Banksy offering "Exit Through The Gift Shop" sold out in less than 3 hours.
Cancel your car insurance
We've got bad news. You could be wasting $500 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there's something much better.
This new tool from FinanceBuzz can tell you if you're overpaying for your car insurance in just a few clicks. On average, we find around $500 a year in savings for drivers. And once you try it out, you'll never have to look for affordable insurance again because we find you the lowest rates that other companies can't match.
Oh, and it's also free. And come on — you can't tell us you don't want to save up to $500. To find out if you're losing up to $500 or more a year, just enter your zip code here, answer a few questions and see if you're overpaying. It takes less than 2 minutes.