Ellevest

If you’re ready to start investing in a way that aligns with your values, visit www.ellevest.com.

Ellevest was founded to help women build their financial power and take action with it. To highlight that the path laid out for them by corporate America and the traditional financial industry isn’t the only one they can go down. To normalize women making their own calls on their finances and their future … and heck, their midlife crises. Link to read Sallie Krawcheck's LinkedIn newsletter: https://lnkd.in/enaFqBhr

In 2003, writer Shawn Tully coined the acronym HENRY for those he deemed “America’s most ambitious, productive people” — who made six figures, but didn’t feel like they had their feet on solid financial ground. High Earner, Not Rich Yet. Now, over 21 years later, HENRYs are a defining feature of the millennial generation. Recent Census data finds that a nearly record-breaking 14.4% of US households bring in over $200,000 a year.  But 60% of millennials making over $100,000 say they’re living paycheck to paycheck. A 2023 study found that millennials reported needing upwards of $525,000 a year to be happy. There are lots of reasons this happens. There’s a higher cost of living. There’s lifestyle inflation. There are taxes. And there’s also the fact that only 54% of millennials are invested in the stock market. But there are, in fact, three things you can do to potentially maximize the impact of your high or not-high-enough salary: 1. Invest in a diversified investment portfolio. 2. Plan for retirement.  3. Get a financial plan from a certified expert who really gets you and your goals. Ultimately, one of the best ways to start feeling richer is to make your money work harder for you — no matter what your income looks like. Of course, that’s what our financial planners are here to help you do. Book at a complimentary consultation here: https://lnkd.in/eqHNePVB 

One reason we built Ellevest is to help women turn the worst day of their life into (what in hindsight was) the beginning of a great phase of their life. Learn how our empathetic, all-women team of financial experts can help you approach financial planning post-divorce: https://lnkd.in/eetGKVEa

In the coming decades, we’re about to witness a significant financial shift known as the Great Wealth Transfer. This transfer will result in women gaining control over tens of trillions of dollars in the United States. Now more than ever, it’s crucial for women to take charge of our financial futures. Ready to get started? Visit us at www.ellevest.com.

“I wish that damn thing would close.” Check out Ellevest CEO Sallie Krawcheck’s hot take on the wage gap, plus AI, the old boys club, burnout, and more.

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Boys are taught to take risks and “go big” while girls are taught to play it safe and stick to the rulebook. The finance industry is no different. We built Ellevest to flip that narrative on its head.⁠ (ICYMI: The iconic Michelle Wie West was on Fallon Tonight talking about her documentary — which Ellevest helped produce.)⁠ ⁠ Learn more about Ellevest’s offerings at: www.ellevest.com.

I’ll take “things women have been saying since the dawn of time” for 500, Alex.⁠ ⁠ And that intense cognitive labor can cause something called “mom brain.” Author Eve Rodsky says it’s the “toxic stress” of managing a household and holding down a job at the same time.⁠ ⁠ Source: The Atlantic

Some hiring tips from CEO Sallie Krawcheck: