9 Personal Finance Tools and Resources for Women
Whether single, married, or divorced, working full time, or balancing career and family, women have a unique set of challenges.
Take the gender pay gap, for instance. According to a recent Pew Research Center analysis of median hourly earnings of both part- and full-time workers, in 2022, women earned an average of 82 percent of what men earned.
It’s things like this that make women demand better financial advice.
“With managing money, women don’t want advice limited to or reduced to makeup, clothing, grocery shopping, etc. They’re looking for real, practical, and sensible advice on managing their money,” says David Neuwirth, Senior Vice President, Investments at David Lerner Associates.
Luckily, there are tons of personal finance communities for women. These communities focus on a diverse range of topics that help women become smarter with money.
Your Guide to the Top Finance Tools and Resources for Women
To help you search less for the best financial tools and resources for women, we prepared this guide so you can more easily find the best ones for your unique needs.
Click on the name of the tool/resource to open its complete profile. You will find a more detailed description provided by the person behind it, including when it launched, specific topics covered, reader reviews, social media accounts, etc.
If you’re looking for resources tailored toward women, below are 9 of the best tools and resources to explore:
WIFE is a non-profit for women seeking financial freedom.
On their site, you will find specific information that touches on all aspects of a woman’s financial life, from divorce to retirement. In fact, much of WIFE’s most popular content includes some of the toughest topics to write about, such as cheating, widowhood, and changing your name.
WIFE’s tagline is “A man is not a financial plan.” The content provided by WIFE offers important resources (blog posts and articles, money clubs, books) for women to navigate everyday financial challenges.
Geared towards millennials and Gen Z women, Tonya Rapley, the site owner, helps women break the debt cycle and eliminate financial stress.
She created the site because, like so many other women, she understands what it feels like to feel depressed and ashamed about money.
Covering topics such as teaching money management to kids and student loans, the blog does a good job of giving practical advice in easy-to-follow steps.
As one of the web’s go-to resources for women who want to be better with their money, HerMoney’s goal is to ensure that all women see money as a source of freedom and empowerment instead of stress and anxiety.
The online magazine from Jean Chatzky provides daily content, podcasts, and newsletters to help educate women and inspire growth.
Chatzky spent two decades reporting on finance topics.
You will come across in-depth posts on topics ranging from passive income streams to retirement planning.
If you seek career advice or a blog that helps women balance motherhood, work, and life, look no further than Working Mother Magazine.
The blog focuses on mentoring women to find their place both in the workplace and at home.
It has free articles and resources with many topics addressing things such as parenthood for working mothers, the right age to leave kids at home, diversity, and many more!
This financial resource platform features an active educational blog with wide-ranging free resources, including courses, worksheets, and other downloads targeted at women.
You can also buy best-selling books and listen to replays of previous coaching calls from the team at Clever Girl.
Bola Sokunbi, the woman behind the blog, is a Certified Financial Education Instructor, money expert, and four-time best-selling author. She started the site to share her financial expertise.
This blog was created to empower women with the skills and knowledge needed to make better financial decisions.
Run by Clarissa (the budget queen), this site offers plenty of free content via articles and downloads to help with managing money.
The budget queen also offers online courses, ebooks, and one-on-one financial coaching. eBooks cover smart saving, tackling credit card debt, and improving credit scores. Courses include options like how to start a dropshipping company and how to build a budget.
This educational website is filled with both free and paid financial resources for women.
The resources include ebooks and downloads on various topics, including creating budgets that work, building credit, and buying your first home.
The site’s owner, Tiffany Aliche, also works with individuals and small groups and speaks at events, offering her expertise as an educator and financial coach.
This app offers financial education and tools specific to women.
Basic App includes blog posts, social media content, in-app learning, and an active support community where women can find answers and feedback on personal finance matters.
-
Communities on Reddit, Slack, TikTok, or Discord
All your favorite ways to waste time can also be vital gathering places for conversations and knowledge drops about women’s finances.
Women communities have flocked to these apps as places to express and exchange points of view on everything from personal finance to business.
By giving you access to real people with financial experience, each channel provides a unique opportunity to connect with and learn from the pros.
Conclusion
While women often face unique challenges when managing their finances, you don’t have to let those hindrances keep you from achieving your financial goals.
Check out the above financial tools and resources for women to help you manage your finances.
Material contained in this article is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates, Inc. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable– we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.