Smart Women Finish Rich: Here's How To Break The Generational Curse Of Being Bad With Finances
I think we can all agree that your 20's are a pretty weird time in life.
Sure, your 20's can be described as beautiful, exhilarating, eye-opening time, but another adjective you could add to the equation would still be, “weird". To make things even more complicated, we're asked to take adulting to the next level by having to actually manage our money. For the majority of our lives, all money matters were handled for us and sometimes that's not a good thing.
Believe it or not, generational curses can be passed down through many different avenues, one of them being our finances. As a child, your first role models are your parents. Their ways are your ways and their thoughts are your thoughts. Parents and legal guardians have a responsibility of teaching us how to do many things…how to properly manage finances doesn't always make the cut, though.
I can't recall a time where saving, budgeting, investing, or the importance of great credit was ever talked about in my household. Not because my parents didn't want to talk about it…but because they simply did not know.
According to a 2014 Wells Fargo study, only 50% of millennial women have started saving for retirement versus 61% of millennial men.
Also, only 18% of millennial women feel satisfied with their savings level, compared with 58% of millennial men. We can do better, ladies! You see, it's pretty hard to teach what you don't know. So, I made it my mission to teach other #GIRLBOSSES how to live the financial life of their dreams. Thus, the Smart Women Finish Rich Seminar was born.
If simple conversations about saving and budgeting were never talked about in my household, I could only imagine that other women my age were never taught these basic fundamentals as well. In collaboration with my financial advisor and my credit repair specialist, we teamed up to help break the generational curse of finances within the millennial community.
On September 17th, I made it my mission to enlighten and empower a few women on what it takes to be a #GIRLBOSS living the financial life of her dreams. Mary Hayes (Investment Specialist and my Financial Advisor) kicked off the seminar by outlining the seven steps to living and (most importantly) finishing rich.
Here are four of the seven #MAJORKEYS that smart women who want to finish rich can take away from this seminar:
Learn To EARN
When is the last time you took a class, attended a seminar, or just read a new book on something that you were totally clueless about? According to Forbes, those who invest in their personal development are much more successful than those who don't. It's as simple as attending a webinar or even teaching a class. In addition to that, you must make sure that you're investing in you physical and mental health as well. Self-care is SO important and vital to your success. Take that class you've been procrastinating about or go on that retreat. Learn more to earn more!
Put Your Money Where Your Values Are
What are the intangibles in your life that don't carry a price tag? Is that making a difference in your community? Financial freedom and security? If you don't know what those values are just yet, make a list of what is important to you and why it's important! While you're at it, jot down those goals that you've wanted to accomplish for years (I enjoy vision boards) and make sure that they're ACHIEVABLE. How does one do that? Take action on your goals within 48 hours and be realistic with yourself about what challenges you'll face in pursuit of achieving those goals and how you'll overcome any challenges. Next, share these goals with someone you trust that can help keep you focused! #accountabilityonfleek
Build Your Retirement Basket
I'm declaring that I'll be retired by the time I'm 40. Yep, you read that right, 40! Through saving and investing, I'm determined to meet that goal and work only if I choose too. Now, let's talk about saving, any amount of money saved a month is awesome, but you should be saving at least 15% of your income every month! While we're on the subject, if you begin saving at least $4 a day at the age of 20, by the time you're 65, you would have saved one million dollars! (Just put your Starbucks money aside for a couple of days and watch how it piles up).
If you haven't started saving for that million-dollar nest egg yet, it's never too late to begin. Even if you begin by putting away $10 a day into an investment account at age 50, that will give you a hypothetical growth rate of 10% and you'll have more than $700,000 saved in 25 years. If you don't have the option of investment account (like a 401k) through your employer, you have an option of investing in a SEP IRA (for all of my entrepreneurs out there) or a tax deductible IRA or Roth IRA.
Always, always, ALWAYS make sure that you keep a “Money Airbag" that means at least 3-24 months worth of income for emergencies. Studies show that the average person is only four paychecks away from losing their home. Don't be that person!
Credit, Credit And More Credit
If you're not familiar with your credit score, you should be! Credit is borrowed money that allows you to purchase things and the likelihood that you will pay back those loans to purchase more things. In other words, your credit score is your adult report card. Credit scores range from 300-850. Four different factors make up you credit score: payment history, length of credit history, debt-to-credit ratio, new credit inquiries and diversity of credit. If you do not know your credit score, you can pull your FREE (yes, free!) credit report from mycreditreport.com. Some free credit check sites that I frequent are Credit Karma, Credit.com, and my personal favorite: creditscorecard.com.
Whether you're a pro with your finances or in the beginning stages, it's never too late to educate yourself on the importance of having your financial house in order to break the generational curse of bad finances and create a legacy through building wealth. With all of the resources out here, there's no excuse for repeating past mistakes.
Now, let's get this money #GIRLBOSS!
Danielle D. Hughes is a social entrepreneur, journalist and youth advocate. When she's not writing or covering news, you'll find her at church, spending time with loved ones, or enjoying a great read! Keep up with her: @danielledhughes or hughesdanielled@gmail.com.
Originally published October 20, 2016
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Reset Your Relationship: How To Start 2025 Strong With Your Partner
As the calendar turns and a new year unfolds, many of us are laser-focused on our career goals, fitness resolutions, and vision boards that outline the journey to our best selves. But amidst all the planning and self-improvement, have you made room for another important part of your life? Your relationship.
It's easy for couples to fall into a routine, going through the motions and letting their connection sit on autopilot. While comfort is natural in a long-term relationship, it’s important to remember: that what you don’t nurture, eventually fades. So, why not make 2025 the year you reset your relationship? Here’s how to start the year with a renewed bond, reigniting the spark that brought you together.
Step 1: Schedule Your Reset Meeting
The first step to hitting the reset button is a State of the Union meeting with your partner. This is your chance to take a pulse on the relationship, discuss what's working, and identify areas that need attention. It’s all about creating space to reflect, without distractions.
Grab a pen and paper (or open a shared note on your phone) and come prepared to share your top 2-3 desires for your relationship.
What do you both want to feel more of in 2025? Maybe it’s feeling more appreciated, or perhaps you want to reignite the passion you had when you first started dating. Whatever it is, get clear about it, and make sure both of you are on the same page.
This isn’t just about listing your own wants, it’s also about discussing ways to nurture each other’s needs. Relationship goals should be focused on fostering deeper intimacy, trust, and mutual respect. Use this time to check in, not only with each other but with your individual feelings and expectations. Set the foundation for a fulfilling year ahead.
Step 2: Set A Date (Or Multiple!)
Having the meeting is only the first step. Now, it’s time to take action. One of the simplest ways to breathe new life into a relationship is by reintroducing consistent, intentional time spent together. For many couples, life gets busy, and date nights fall by the wayside. But dating doesn’t stop when you say "I do"—in fact, it’s even more essential.
During your reset meeting, lock in a regular date night that works for both of your schedules. This could be a weekly dinner date or an every-other-week adventure—whatever keeps things fresh. The goal is consistency. It’s easy to push date nights aside when life gets hectic, but if you set a specific date each week or month, you’re making your relationship a priority.
If you’re unsure what to do for your date nights, don’t worry! The key is creating new experiences together. This is what sparks excitement and brings you closer as a couple. Whether it’s cooking a new recipe together, trying a dance class, or exploring a nearby town, it’s about creating shared memories that build your connection.
Step 3: Find an Accountability Partner
Just like you might have a personal trainer to help you crush your fitness goals, an accountability partner for your relationship can do wonders for keeping both of you on track. Consider hiring a marriage coach or therapist—someone who can meet you where you are and guide you in strengthening your relationship.
When selecting a professional, it’s important to choose someone who truly wants the best for your marriage and can provide actionable advice.
Don’t be afraid to set high standards for your relationship, and seek guidance on how to keep it thriving for the long haul. In your reset meeting, discuss your commitment to growth, and be honest about areas where you may need support.
Marriage isn’t a set-it-and-forget-it endeavor—it’s an ongoing process. Regular check-ins with a professional can help keep your relationship in tip-top shape and “divorce-proof” by addressing issues before they become insurmountable.
Step 4: Try Something New Together
Stale routines can easily make a relationship feel monotonous. Spice things up by trying something new! Couples that explore new activities and create new memories together have stronger, more fulfilling bonds.
My husband and I host one of the top luxury marriage retreats, A Weekend For Love, designed to help couples experience new things together. From couples' workshops to outdoor adventures, the retreat provides a platform to rediscover each other and reconnect on a deeper level.
The element of surprise can reignite your connection. It’s exciting, fresh, and shows your partner that you’re committed to growing together. This doesn’t have to be a huge commitment—it could be as simple as trying a new hobby or planning an impromptu weekend getaway.
Your Relationship Should Be A Priority
As you start the year with personal goals in mind, don’t forget the importance of nurturing your relationship. It’s easy to get caught up in work, fitness, and family obligations, but your bond with your partner deserves to be at the top of your list. Resetting your relationship offers an opportunity to reignite that spark and remind each other why you fell in love in the first place.
In 2025, make a commitment to prioritize your partnership, to nurture it daily, and to invest in its growth. Take time to celebrate each other’s victories, support one another’s dreams, and build a foundation of love and respect. When you start the year with a clear focus on your relationship, you’re setting it up for success.
So, before you start mapping out your new workout plan or work goals, do yourself a favor: put your relationship at the top of that list. Your love story deserves a fresh start, too.
Happy New Year, and here’s to a love-filled 2025!
Couples, if you are ready to do the work and invest in your relationship register for A Weekend For Love: Heart Retreat Feb 21-23, 2025.
Featured image by zamrznutitonovi/Getty Images
Alaska Wasn’t On My Bucket List, But My Glacier Adventure Made Me A Believer
We all have bucket list destinations at the top of our lists. I visited one of those at the top of 2024: Japan! But what happens when you get an opportunity to go someplace that wasn’t on it? For me, that was Alaska. Now, I’d submitted my short film to the Anchorage International Film Festival, genuinely thinking it would be a long shot to get in with a short film about fibroids and Black women’s health.
However, to my surprise, I received an email that read: “It’s with great excitement that we announce your film, Super High: A Period Piece, has been selected for the 24th Anchorage International Film Festival.” After looking at the flight distance from Atlanta to Anchorage—a solid 10 hours one way— I’d decided this would be one I wouldn’t attend.
That was until there was a follow-up email that shared that the festival was sponsoring two excursions for filmmakers: A Northern Lights Tour and A Glacier Hike.
With that, I knew I had to make the trip to the 49th state! I flew Delta, which offered the shortest layovers—just 50 minutes each way. For a more comfortable flight on the longer legs that were about six hours between my layover city and Anchorage, I upgraded to first class with an in-app discount for $256 (the regular price of a first-class ticket runs about $2,100), which was so worth it for additional space and service for the six-hour trek.
Courtesy of Bianca Lambert
"So What’s Alaska Like? Did You Have To Wear a Snowsuit? What’s the Food Like?"
These are among the major questions I’ve gotten. Anchorage reminds me less of a bustling major city and more of a small town with an easygoing feel. When I arrived, they’d just had snow a few days before, so it was cold, and the streets were slick. So, I was so happy I’d invested in a pair of snow boots. For my first few days, the locals said it was warm. Warm to them being 20s at night and mid-30s during the day.
However, by the time I left, fresh snow was on the ground, and temps were well into the single digits—and it felt like it. Oh, the sun doesn’t rise until 10:30 a.m., and it sets around 4 p.m. That was among the most challenging things to experience because I felt like I never really woke up. So, between the lack of sun and the four-hour time difference, I felt tired the whole time I was there.
As for food, I didn’t explore a ton because I was so cold. But I found two gems! First was Whiskey and Ramen. If you enjoy ramen and exceptional service, this is a must-visit. I’d make a trip back just for their Wagyu ramen and their special take on an old fashion!
And, for coffee, I thoroughly enjoyed That Feeling Co. The coffee was great, and being surrounded by plants helped to perk up my spirits.
The Northern Lights
Iceland is one of the most popular places to see the Northern Lights, so I was very excited to know that Alaska also gets to see the Aurora Borealis light show. Typically, many people visit Fairbanks to see them, but there are tours offered in Anchorage too! When prepping for the late-night tour, we’d heard that the night we were heading out to see the lights, the cloud coverage likely meant we wouldn’t be able to see them. Bummer. I know. So, we could sit the tour out or still try. But, in my mind, I was like, why would I come all the way to Alaska not to try?
So, at about 9:30 p.m., we piled into vans and headed out to chase the Northern Lights. We traveled about an hour and a half from Anchorage, and when we stepped out of the van, it was cold and pitch black. And unfortunately, after a couple of hours in the cold, those clouds in the sky never parted for us. I know that when we see the posts of people who do get to see Mother Nature do her thing, we don’t have all of the context of the science, which is Aurora Borealis.
Sometimes, the weather just doesn’t do what we earthlings would like, which can lead to disappointment. However, our guide did give a recommendation. When you book a trip to see the lights, give yourself four to five days to see them. Don’t bank on one day because, at the end of the day, this is science.
Courtesy of Bianca Lambert
Now, On to the Glacier!
Just six hours after returning from the Northern Lights tour, we were up for the glacier tour because they were back-to-back! I was exhausted and so excited. If someone had told me I’d hike on a glacier, I would have given them a mean side-eye. I mean, where on earth does one climb a glacier? Let me share a few destinations with you, just in case you want to plan an icy adventure: Switzerland, Norway, Iceland, Chile, Argentina, and Alaska.
Aside from the fact the Matanuska Glacier is 22,000 years old, it’s the largest glacier accessible by car in the United States—27 miles long and four miles wide, making it one of the easier ones to see IRL. As a girlie with generalized anxiety disorder, I get anxious about doing this kind of thing because I know that to see these world wonders is usually a mountainous trek.
This one was two hours long, one-way, up snow-capped, windy, mountainous terrain. However, my therapist always reminds me to push myself to do what scares me (as long as it’s for a reason, of course). I held my breath for the journey there and back! And white-knuckled it from time to time, too.
Courtesy of Bianca Lambert
Once we got there, we were surrounded by fresh, fluffy snow, and it was COLD! In the negative cold. I was thankful, I’d over-prepared. If you even go on a glacier tour, I recommend a few things: Balaclava, heavy-weight gloves, cashmere socks, snow boots, and lots of layers.
Here’s what I wore. My first layer was Ann Taylor leggings and a Wolford Turtleneck. Then, I layered a cashmere turtleneck and cashmere joggers. A COACH down vest, which I’d recommend anyone own just for winter, in general, because it’s SO warm! For my feet, I wore Ann Taylor cashmere socks (I love these because they’re affordable and so warm) and Adidas Adifom Superstar Winter Boot and topped all of that with a Brandon Blackwood ankle-length parka. I know BB is known for his accessories, but the brand’s outwear is truly amazing and worth the investment. After two hours on the ice, I felt great!
If you’re open to adventure travel, I highly recommend putting a glacier tour on your list of things to do. There are a few reasons. First, standing on an ice age-old massive piece of glacier was my 2024 version of touching some grass. I was reminded that I’m a speck on this spinning rock and need to spend more time grounded in that fact as I move through the world. I looked to the sky and thought of how proud my ancestors would be, even though I know they’d be telling me to get my butt home and off a dog on a glacier!
Secondly, I gained an ever-large appreciation for Mother Nature as I learned that glaciers are the world's largest reservoir of freshwater, containing around 69% of the world's freshwater. Again, another fact that helped me gain perspective. Lastly, it’s just fun and stunningly beautiful!
After this, I’m looking forward to my next cold-weather adventure! Iceland and Argentina are at the top of the list!
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Featured image courtesy of Bianca Lambert