A side hustle can provide you with financial security, more opportunities, and peace of mind, all while helping you hit your financial goals faster. It’s no wonder that 34% or 1 in 3 Americans have a side gig. 

Starting a side hustle might have some upfront investment, but be well worth it in the long run. MoneyLion offers a service to help you find personal loan offers to get started. Based on the information you provide, you can get matched with offers for up to $50,000 from our top providers. You can compare rates, terms, and fees from different lenders and choose the best offer for you. 

Whether you’re preparing for the unexpected or you just want to increase your income, a side hustle can help you get where you want to be.

Top 15 side hustles for women

Take a look at these great side hustles for women.

1. Freelance writing or blogging

Freelancing for online publications allows you to contribute your work to various websites, magazines, or blogs. It offers the flexibility to choose assignments that align with your interests and expertise. Whether it’s fashion, technology, health, or any other niche, you can find publications that are looking for fresh and engaging content. 

Freelancing also enables you to work from the comfort of your home, making it a perfect option for those seeking a flexible work-life balance.

Creating your own blog is another fantastic way to share your ideas and perspectives. You have the freedom to monetize your blog through various strategies, such as sponsored content, affiliate marketing, or selling your own products or services. 

If you prefer a more structured approach, offering content creation services to businesses can be a great option. Many companies require high-quality content to improve their online presence and engage with their target audience effectively. 

2. Virtual assistance

Virtual assistance involves providing administrative support services remotely to individuals or businesses. This involves taking care of tasks that busy professionals or entrepreneurs may not have time for or prefer to delegate.

Virtual assistants can handle a wide range of responsibilities, such as managing emails, scheduling appointments, bookkeeping, and social media management.

Managing emails is a common service provided by virtual assistants. They can sort through a busy professional’s inbox, categorize and prioritize emails, reply to straightforward messages, and forward important correspondence. Another critical aspect of virtual assistance is scheduling appointments. 

Virtual assistants can take over the task of coordinating appointments with clients, partners, or stakeholders, ensuring that everyone’s schedule aligns seamlessly. Bookkeeping assistance is also a valuable service provided by virtual assistants. They can help keep track of financial records, organize invoices and receipts, and handle basic financial tasks. 

3. Online tutoring or teaching

Online tutoring or teaching has become increasingly popular, especially with the rise of digital platforms. 

One of the major advantages of online tutoring is the flexibility it offers. As a tutor or teacher, you can set your own schedule and determine the number of hours you want to dedicate to teaching. This is particularly beneficial for those who are looking for a side hustle or want to work from the comfort of their own homes. Online tutoring also allows you to work with students in different time zones, giving you the opportunity to connect with people from diverse cultural backgrounds.

Online tutoring provides a wide range of subjects that you can teach. Whether you are proficient in math, language, science, music, or any other field, there is always a demand for tutors or teachers in that area. Some platforms also allow you to create and sell your own courses, giving you the opportunity to earn passive income through your teaching materials.

4. Handmade crafts and art

Handmade crafts and art offer a unique and personal touch that mass-produced items often lack. If you have a talent for crafts, painting, or any other form of art, you have a golden opportunity to turn your passion into a profitable venture. Platforms like Etsy and local craft fairs provide the perfect platform for showcasing and selling your creations to a wide audience.

When it comes to handmade crafts, the possibilities are endless. From hand-knit scarves and crocheted blankets to personalized jewelry and hand-painted ceramics, there is a market for every type of creation. 

Local craft fairs are also a fantastic avenue for showcasing and selling your creations. The advantage of participating in craft fairs is that you get the chance to interact directly with customers, who can see the quality and craftsmanship of your art firsthand. This is an excellent opportunity to build connections, gather feedback, and take custom orders.

5. Photography

If you have a knack for capturing moments and an eye for detail, photography can be a highly rewarding and creative outlet for you. Whether you prefer to focus on capturing candid moments at special events, creating stunning portraits that reflect the essence of your subjects, or selling your photographs as stock images, there are numerous avenues you can explore to monetize your talent.

One popular option is to offer portrait sessions. People are always on the lookout for professional photographers to capture important milestones in their lives, such as engagements, weddings, and family portraits. Another avenue to explore is event photography. From corporate conferences to music festivals, there is a constant demand for photographers who can capture the essence and atmosphere of these special occasions. 

By networking with event planners and marketing yourself as a skilled event photographer, you can secure bookings for various events, enabling you to enjoy the experience while earning an income doing what you love.

6. Fitness coaching or personal training

Fitness coaching or personal training can be a rewarding career path for those who have a passion for health and wellness. By becoming a certified personal trainer or fitness coach, you have the opportunity to make a positive impact on people’s lives and help them achieve their fitness goals.

As a fitness coach or personal trainer, your main role is to guide and motivate your clients in reaching their health and wellness objectives. You’ll work closely with each client to create personalized workout plans, design nutrition programs, and offer guidance on lifestyle changes. This may involve assessing their current fitness level, setting realistic goals, and tracking their progress over time.

The fitness industry also offers a variety of opportunities for professional growth and advancement. With additional certifications and specialized training, you can cater to specific populations such as athletes, elderly people, or those with chronic conditions. You may also choose to expand your expertise by offering nutritional counseling, group fitness classes, or starting your own fitness business. 

7. Meal planning or cooking services

In today’s fast-paced world, many individuals and families find it challenging to juggle their busy schedules while also preparing healthy and delicious meals. This is where meal planning, cooking, and catering services come to the rescue. 

Meal planning services offer a comprehensive solution. They create customized meal plans tailored to the dietary preferences, nutritional goals, and lifestyle of each client. They take into account factors such as allergies, dietary restrictions, and personal preferences to curate a menu that suits the client’s needs. This not only saves time but also ensures that every meal is well-balanced and packed with essential nutrients.

Catering services, on the other hand, are ideal for special occasions or events where it’s necessary to feed a larger group of people. These services provide a range of predesigned menus or customizable options, allowing clients to select the perfect spread for their gatherings. From corporate events to family parties, catering services offer a hassle-free solution by taking care of the entire meal preparation and presentation.

8. Event planning

Whether it’s a wedding, a birthday party, or a corporate gathering, your expertise is essential in ensuring that everything runs smoothly and according to plan.

One of the most crucial aspects of event planning is the ability to juggle multiple tasks and details simultaneously. From selecting the perfect venue to coordinating caterers, entertainment, and decor, every element must be carefully orchestrated to create a cohesive and unforgettable event.

This calls for excellent time-management and organizational skills as well as the ability to work well under pressure and adapt to unexpected changes. With your meticulous attention to detail, you will be able to anticipate challenges and provide effective solutions, ensuring a seamless and stress-free event for your clients.

9. E-commerce and online store

Starting an online store is an exciting opportunity to turn your passion into a profitable business. With the rise of e-commerce, it has become easier than ever to showcase and sell products that you genuinely love. 

One of the key advantages of starting an online store is the low overhead costs compared to a traditional brick-and-mortar storefront. You can avoid costs such as rent, utilities, and inventory storage, which enables you to focus your resources on acquiring high-quality products and marketing your store. With the right e-commerce platform, you can easily set up your website, create an attractive and user-friendly interface, and start accepting orders within a matter of days.

In addition, starting an online store allows you to leverage the power of social media and digital marketing. You can connect with potential customers through platforms like Facebook and Instagram, using targeted ads and influencer collaborations to increase brand awareness and drive traffic to your website. 

10. Graphic design

Graphic design is an essential component of today’s digital world. From logos to social media graphics and marketing materials, every visual element plays a significant role in the success of a business or brand. If you possess skills in graphic design, you can offer a range of services to help businesses create visually appealing and effective communication materials.

One of the key areas where graphic designers are in high demand is logo design. A logo serves as the face of a brand and is often the first thing customers notice. A well-designed logo can effectively convey the values and personality of a business. With your expertise in graphic design, you can help businesses create unique and memorable logos that leave a lasting impression on their target audience.

Social media graphics also play a vital role in today’s digital marketing landscape. Platforms like Facebook, Instagram, and Twitter heavily rely on visual content to engage users. Businesses need eye-catching and professionally designed graphics to stand out from the competition and build a strong online presence.

In addition to logos and social media graphics, you can offer other services such as designing marketing materials like brochures, flyers, and posters. These materials are widely used for offline marketing campaigns and events.

11. Language tutoring

If you’re fluent in more than one language, offering language tutoring services can be a rewarding and lucrative career choice. As a language tutor, you have the opportunity to share your knowledge and help individuals or groups develop their language skills. Whether it’s teaching basic communication skills or providing advanced language training, your expertise can make a significant impact on your students’ lives.

Language tutoring is an excellent way to help learners improve their language proficiency. With personalized one-on-one sessions or small group classes, you can tailor your teaching approach to the specific needs and goals of your students. By focusing on their individual strengths and weaknesses, you can create a customized learning plan that maximizes their progress.

12. Pet services

If you are a pet lover and want to make a difference in your community, starting a pet services business can be a rewarding venture. Pet services encompass a range of activities that cater to the needs of pet owners, such as pet sitting, dog walking, grooming, and training. These services are in high demand as more people are adopting pets and seeking quality care for their furry friends.

One of the most popular pet services is pet sitting, which involves taking care of pets while their owners are away. Whether it’s a short vacation or a long business trip, pet owners often need someone reliable to look after their pets. Providing a safe and nurturing environment for these beloved companions can alleviate the stress and worry of pet owners, allowing them to enjoy their time away. 

Dog walking is another crucial service for busy pet owners. Many pet owners, especially those who work long hours, struggle to give their dogs the exercise they need. This is where a dog walking service can come to the rescue. Regular walks not only provide physical exercise but also mental stimulation for dogs, promoting their overall well-being. Dog walking services can be tailored to fit the needs and schedules of the owners, ensuring that their pets receive the care and attention they deserve.

Grooming is another aspect of pet care that requires specialized skills. Regular grooming sessions help maintain a pet’s hygiene, prevent skin problems, and keep their coat healthy and shiny. From bathing and brushing to nail trimming and ear cleaning, offering grooming services allows you to pamper pets and make them look their best. 

Training services aim to teach pets basic obedience skills and proper behaviors. Training sessions can cover commands like sit, stay, and come as well as address behavioral issues such as excessive barking or aggression. 

13. Yoga or fitness classes

Becoming a certified yoga instructor or fitness coach can be exciting and rewarding if you’re passionate about yoga or fitness. It’s a great way to help others achieve their health and wellness goals. By obtaining the necessary certifications and training, you can offer classes at local gyms, community centers, or online.

Yoga is a centuries-old practice that focuses on physical postures, breathing techniques, and meditation to improve strength, flexibility, and mental well-being. As a certified yoga instructor, you will have the knowledge and expertise to guide people of all fitness levels through various yoga poses and sequences. 

If you have a strong background in fitness and want to help people reach their fitness goals, becoming a certified fitness coach may be the right path for you. As a fitness coach, you can design and lead exercise classes, focusing on different areas such as cardiovascular endurance, strength training, or flexibility. You will learn about human anatomy, exercise physiology, and nutrition, allowing you to provide well-rounded guidance to your clients.

With the increasing popularity of fitness and wellness, there are ample opportunities to teach yoga or fitness classes. Local gyms and community centers often offer group classes where you can showcase your skills and build a client base. Alternatively, you can leverage the power of technology and offer online classes, reaching a broader audience and providing convenience for those who prefer to exercise from the comfort of their own homes.

14. Life coaching or mentorship

Life coaching or mentorship is a valuable service that can positively impact people looking to achieve their goals and improve various aspects of their lives. By sharing your knowledge and life experiences, you can guide and support others on their personal and professional journeys. As a life coach or mentor, you have the opportunity to make a difference in someone’s life and empower them to reach their full potential.

By drawing from their own life experiences, coaches and mentors offer valuable insights and strategies to help people overcome obstacles, develop new skills, and make informed decisions. They serve as a source of motivation and accountability, encouraging their clients to stay focused and committed to their desired outcomes.

Offering life coaching or mentorship services is a gratifying opportunity to positively impact others’ lives. By sharing your wisdom and experiences, you have the chance to guide people toward achieving their goals, building their self-confidence, and experiencing personal transformation.

15. Closet organization and styling

When it comes to fashion, a well-organized closet can make all the difference. A cluttered wardrobe not only makes it difficult to find specific items but also hinders your ability to put together stylish outfits. That’s where closet organization and styling services come in. By offering these services, you can help clients declutter and curate their wardrobes, creating a space that is functional, visually appealing, and aligned with their personal style.

Closet organization services provide a much-needed solution for those struggling with a chaotic closet. With the help of a professional organizer, clients can sort through their clothes, shoes, and accessories, eliminating items that no longer serve them or fit their style. 

In addition to decluttering, closet styling services take the organization process to the next level by helping clients curate a wardrobe that reflects their personal style. A stylist can assist in identifying key pieces, filling wardrobe gaps, and creating versatile outfit combinations. 

Offering closet organization and styling services is a valuable service for fashion-conscious people who struggle with cluttered and disorganized wardrobes. By helping clients declutter and curate their closets, professionals in this field can transform the physical space and the way clients approach and enjoy getting dressed each day. 

If none of these side hustles work for you, check out a variety of options on the MoneyLion app, like Swagbucks! Find side gigs designed around your time.

It’s time to hustle

Life is unpredictable, so being prepared is crucial, especially since your side hustle could lead you in unexpected directions. It may just serve as a vehicle to hit a few financial goals, or it could end up becoming your full-time career.

Wherever your side hustle leads, it can benefit you in your financial goals and if you use the income right it can protect you for when things don’t go as planned. Get to hustling, and start setting yourself up for a successful financial future.

FAQ

This Labor Day, we’re taking a moment to honor the impact of women on our modern workforce and their contributions to society, which go unrecognized all too often. 

Understanding the role of women in the workforce throughout history

History is full of examples of women who defied social norms to break into the workforce and positions of power. From ancient civilizations to early modern history, there’s an abundance of prominent female entrepreneurs who’ve made significant contributions to their society.

That’s not to say that women haven’t faced their fair share of challenges. Throughout history, women have faced lower wages than men for the same type of work. In some cases, such as during the Industrial Revolution, they even faced harsher working conditions, especially in the garment sector. 

When women remain in traditional roles of homemaking and caretaking, their work also tends to be underappreciated. Work in family businesses, domestic agricultural production, and personal household financial management often are unrecognized. Nevertheless, their contributions remain a crucial cornerstone of our modern society.

Today, women tend to be disproportionately underrepresented and underappreciated in their respective fields. At worst, women can be exposed to sexism in the workplace. But women continue to push forward, pioneering roles traditionally held by men, including lawyers, doctors, and science, technology, engineering, and mathematics (STEM) professionals. 

The resourcefulness and perseverance of women throughout history despite numerous challenges can’t be overemphasized. The power of the female consumption is reshaping industries and markets, and culminating in a $31 trillion dollar economy. Around the world, women make up a staggering 85% of global consumer spending. 

Which is why we’re highlighting prominent female figures who paved the way for other women to enter the modern workforce. 

Milestones for women in the workforce 

1809 – Mary Kies becomes the first woman to receive a patent for a method of weaving straw with silk.

1869 – Arabella Mansfield is granted admission to practice law in Iowa, making her the first woman lawyer.

1872 – Female federal employees are guaranteed equal pay for equal work under the law.

1887 – Susanna Medora Salter becomes the first woman elected mayor of an American town, in Argonia, Kansas.

1889 – Anna Bissell becomes the first-ever U.S. woman CEO, heading Sweeper Co.

1916 – Jeannette Rankin of Montana is the first woman elected to the U.S. House of Representatives.

1932 – Hattie Wyatt Caraway of Arkansas becomes the first woman elected to the U.S. Senate.

1933 – Frances Perkins becomes the first female cabinet member when she’s appointed secretary of labor by President Franklin D. Roosevelt.

1941 – A shortage of workers during World War II opens a large range of high-paying jobs to women. Almost 7 million women enter the workforce, creating the cultural icon Rosie the Riveter.

1963 – Congress passes the Equal Pay Act promising equitable wages for the same work, regardless of the race, color, religion, national origin, or sex of the worker.

1981 – Sandra Day O’Connor becomes the first woman to serve on the U.S. Supreme Court.

1983 – Sally K. Ride becomes the first American woman to be sent into space.

1984 – U.S. Rep. Geraldine Ferraro becomes the first vice president nominee by a major party  by Democratic presidential nominee Walter Mondale. 

1997 – Madeleine Albright becomes the first female secretary of state.

2007 – Nancy Pelosi becomes the first female speaker of the House.

2008 – Nour Al Hassan tackles female entrepreneurship by founding Tarjama, a company that translates over 150 million words in 30 languages and helps Saudi women enhance their skills to obtain better job opportunities. 

2009 – Michelle Obama becomes the first African-American First Lady and creates Let’s Move, which is dedicated to fighting childhood obesity.

2011 – Oprah Winfrey becomes the first African-American multibillionaire.

2013 – The U.S. military removes the ban preventing women from serving in combat positions. 

2016 – Hillary Rodham Clinton secures the Democratic presidential nomination, becoming the first U.S. woman to lead the ticket of a major party.

2017 – Congress has a record number of women, with 104 female House members and 21 female Senators, including the chamber’s first Latina, Nevada Sen. Catherine Cortez Masto.

2018 – Stacey Cunningham becomes the first woman president of the New York Stock Exchange.

2019 –  Esther Duflo wins Nobel Prize in Economic Sciences, making her the second woman and the youngest woman to win the Nobel Prize in Economics.  

2020 – Gitanjali Rao is named TIME’s kid of the year at age 15 for her development of two apps — one to detect lead in drinking water and Kindly, which uses artificial intelligence to detect cyber bullying.

2020 –  New Zealand appoints Nanaia Mahuta as the first indigenous female foreign minister.

2021 –  Kamala Harris is the first woman and first woman of color to be sworn in as vice president of the United States. 

2022 – Giorgia Meloni becomes the first female prime minister of Italy.

2023  – Women dominated the entertainment industry summer of 2023 with The Barbie Movie, Beyonce, Taylor Swift generating record sales and audience attendance in the billions. The hashtag #billiongirlsummer has been trending for weeks. 

7 ways to support women on Labor Day 

While Labor Day marks the end of summer, it’s also a day of tribute and an opportunity to honor women for playing such a vital role in making a change in the world. Here are seven ways you can support women this Labor Day — both in the workforce and in the larger society. 

1. Shop women-owned businesses 

Buy yourself a new outfit or get someone special in your life a gift. Need a tote for your everyday essentials? Check out Francine Collections. Updating your home? Greener Stock is the perfect resource for natural, nontoxic, and eco-friendly building materials. Looking to learn more about personal finance? MoneyLion’s Bougie on a Budget is your go-to!

2. Acknowledge achievements

Take the time to recognize and celebrate the accomplishments and contributions of women in your workplace or community. Highlight their successes and share their stories to inspire others. Ask your employer to host an event or create a newsletter to highlight the impactful women in your world. 

3. Advocate for flexible work policies

Women tend to become mothers and often play the role of caregivers for their families, which is why it’s important to advocate for flexible work arrangements that accommodate the needs of working moms. Supporting policies like remote work options and flexible hours can make a significant difference in promoting work-life balance and making it easier for women to excel in their careers. 

4. Mentor

Volunteer your time by mentoring a young girl in your area through Big Brothers, Big Sisters. Many girls throughout the U.S. are held back by poverty, teen violence, and poor-performing school systems. You can help influence and mentor young women in your area to see their value and maybe one day be part of creating change throughout the world. 

5. Support women-focused charities and organizations 

Support women in crisis and donate to worldvision.org. Millions of girls are victims of abuse, child marriages, child labor, and human trafficking. By donating, you’re helping to protect these girls by equipping them with skills, education, counseling, medical care, and other programs to help end the cycle of gender-based violence. 

6. Raise awareness

Use Labor Day as an opportunity to educate others about the importance of gender equality and the challenges women still face in the workforce. Share informative articles, resources, and statistics to raise awareness and drive conversations about gender equity. Raise awareness of the challenges women face in the modern workforce and create discussions to find solutions.

7. Be an ally

In today’s society, it’s critical to stand up and speak out against sexism whenever we encounter it. One way to be an ally is to listen to women and their experiences, especially when it comes to understanding their perspectives. Women experience the world differently than men and as a result, face unique challenges and obstacles. By creating an open and respectful atmosphere where everyone feels comfortable to speak their mind, you’ll be able to foster a more empowering environment.

Honor women who got America to where it is today

Let’s continue to honor women who have shown great resilience in getting our nation to where it is today. Women who wouldn’t take no for an answer and saw a world full of opportunity. Women who speak powerful words and take even more powerful action, with a commitment to fighting the good fight for equality. Women, who have the ability to make a difference in this world and truly be the change, be the difference, and be the voice.

FAQ 

Nevertheless, we could all use an extra boost of motivation every now and then, which is where female empowerment quotes come in. While there’s an abundance of inspiring, noteworthy female empowerment quotes on the internet, we took the time to hone in on the top 12. 

Whether you need a pick-me-up or you’re in search of reassurance that you’re on the right path, take a look at our favorite top 12 female empowerment quotes.

1. “Beyond money, beyond income, beyond opportunity—becoming self-made starts with choosing yourself.” — Nely Galán

Nely Galán founded The Adelante Movement, which strives to empower and train Latina and multicultural female entrepreneurs. As the first Latina president of a U.S. TV network, Galán has produced over 700 TV shows in English and Spanish for Telemundo. She won an Emmy Award for her productions and she’s also the accomplished author of the New York Times Best Selling book, “Self Made.” Nely is a true self-made media mogul with a master’s degree and a doctorate in Clinical Psychology with an emphasis on the psychology of money.

2. “Feminism isn’t about making women stronger, women are already strong, it’s about changing the way the world perceives that strength.” — G.D. Anderson

G.D. Anderson is a writer and the founder of The Cova Project, an organization providing support to women living in underdeveloped communities without access to sanitary products. Anderson and her sister, Caille, launched The Cova Project in 2018. Ever since then, they have helped over 4,000 African women gain access to menstrual cups. On top of providing sustainable solutions for women, Anderson also educates girls about menstruation, basic physical health, and personal development.

3. “Chase your dreams. Be true to who God created you to be. And keep working while you wait.” — Dr. Kimberly Clay

Dr. Kimberly Clay is the founder and CEO of Play Like a Girl, a non-profit organization based out of Nashville. Clay works to level the playing field for girls by using sports-related skills to move young women forward in male-dominated industries, like science, technology, engineering, and mathematics, or STEM.

Clay created Play Like a Girl after noticing the gender gap in education and health back when she was doing work in southern U.S. communities. Her work earned her national recognition, including the Daily Point of Light Award, Toyota Everyday Hero, Forbes’ 40 under 40, and more!

4. “Understanding the privilege of being a leader allows you to tap into that center of compassion.” — Stephanie Nadi Olson

Olson grew up as the daughter of a refugee, which made her want to advocate for marginalized groups. She launched her company, We Are Rosie, which is an organization focused on finding better ways to do business with a people-first mindset. Olsen operates from a human-centered approach to marketing all while celebrating diversity and promoting happiness. Olson was also named AdAge Visionary of 2020, one of the World-Changing Women of 2020, and Entrepreneur of the Year in 2019.

5. “As leaders, it is our job to model empathy and adaptability, and to push the boundaries of what we thought possible.” — Irina Novoselsky

A powerhouse CEO, Novoselsky’s most notable accomplishment was when she became the chief executive officer of CareerBuilder. As one of the largest tech companies, CareerBuilder provides HR solutions that help employers find and hire talented job seekers. With her extensive knowledge and skill set, Novoselsky is also on the board of CareerBuilder UK, Oil and GasJobSearch, and iNovitex Acquisition as the president.

6. “Challenges are gifts that force us to search for a new center of gravity. Don’t fight them. Just find a new way to stand.” — Oprah Winfrey

Oprah is a self-made billionaire and one of the most recognizable, powerful women in today’s society. True to her entrepreneurial spirit, she emphasizes the importance of taking personal responsibility for your life and making the world a better place. As the first African-American woman to own her own production company, Oprah is also an actress, talk show host, and Academy Award nominee. Winfrey’s making strides in many different areas. She’s an advocate for eradicating child abuse, and as such, she played a major part in passing the National Child Protection Act. She does extensive work with after-school assistance programs and funds shelters for women in need.

7. “I’ve always said if you have the attitude, the aptitude, and the interest, you can learn the skill set.” — Beth Paretta

As the first female director for a performance brand, Paretta is a motorsport driver for Fiat Chrysler Automobiles. In her role as CEO and Team Principal of Paretta Autosports, Beth Paretta is on a mission to break through barriers in the racing world. She also works to inspire future generations of female leaders, alongside her friend, Simona de Silvestro, who is an Indycar driver.

8. “You control your own life, your own will is very powerful” – J. K. Rowling

Joanne Rowling, also known as J.K. Rowling, is a world-renowned author, self-made billionaire, and philanthropist. As a single mother living on welfare, she wrote the beloved Harry Potter series in cafes with her baby daughter at her side. Despite her humble origins, she is now one of the wealthiest women in the world and her accomplishments inspire many to overcome their struggles. She is a fierce philanthropist and founder of the Volant Charitable Trust, an organization that helps women and children and combat poverty and social inequality. As a survivor of domestic abuse and sexual assault, she continues to advocate for women and children.

9. “Be courageous. Challenge orthodoxy. Stand up for what you believe in. When you are in your rocking chair talking to your grandchildren many years from now, be sure you have a good story to tell.”  — Amal Clooney

Amal Clooney is a renowned Lebanese-British barrister and one of the top legal experts on international human rights law, public international law, and international criminal law. She’s represented heads of states as well as entire communities before international courts. She has been at the forefront of several precedent-setting human rights cases in recent years, including trials in which ISIS members were convicted for genocide against Yazidis. She has also represented Armenia in a case involving recognition of the Armenian genocide. She has been described as possessing a “brilliant legal mind” and “a rare combination of intellectual depth and pragmatism.” She holds a legal degree from St. Hugh’s College, Oxford University, as well as a master’s in law from New York University School of Law.

10. “I always tell young people to hold on to their dreams. And sometimes, you have to stand up for what you think is right even if you have to stand alone.” — Claudette Colvin

Claudette Colvin pioneered the civil rights movement of 1950. She played a major role in ending bus segregation in the state of Alabama. Claudette Colvin was arrested at the age of 15 for not giving up her seat to a white woman on a crowded bus. She spent many years after that fighting to end segregation, even leading her to stand up for herself in federal court. The court case ended on December 20, 1956, at which point Colvin dedicated her time to helping people in hospitals. She spent the next 35 years as a nurse aid in New York.

11. “There is a moment where you have to choose whether to be silent or stand up.” — Malala Yousafzai

Malala’s story is an incredible one. The youngest Nobel Peace Prize winner to ever live, Malala is an educational activist from Pakistan. She works to hold leaders accountable for the promises they make to girls. She invests so much of her time into fighting for educational opportunities in developing countries, particularly for young girls. Malala raises money for girls through her organization called the Malala Fund.

12. “I am a money magnet. I say it any time I receive money in my life — a penny on the street or a five-figure paycheck.” — Stefanie O’Connell

Stefanie O’Connell is an author and journalist on a mission to teach women how they can live their dreams and manage money successfully. As a young woman, O’Connell wanted to live her dream life but she was experiencing the life of a starving artist, meaning her budget was very small. Her life experiences inspired her to write her book,  “The Broke and Beautiful Life.” She is the host of Real Simple Magazine’s podcast, “Money Confident,” and she co-founded Statement Events and founded Statement Cards.

Inspiring women inspire women

It’s important to take the time to connect with inspiring women and female role models in your community. But it’s also critical to do your part and to work with younger women and girls to inspire them to do their best. Whether you’re accomplished in your career or you’ve just graduated from college, there are many ways you can give back to your community and be a role model for younger girls.

What is Women’s History Month?

Women’s History Month is a celebration recognizing the contributions women have made throughout history. It’s an opportunity to reflect on the women who influenced everything from science to politics, leading to change and progress. March has been the official month of observation since 1987.

Why do we celebrate Women’s History Month?

International Women’s Day preceded Women’s History Month, and the idea was conceived at the Second International Socialist Women’s Conference in 1910. Clara Zetkin, a German activist, proposed Mar 8th as International Women’s Day in 1921. From there the idea of a day celebrating female workers became popular in Europe and then later caught on in America.

In 1978, the Sonoma, California school district organized a weeklong celebration of women’s contributions. This women’s celebration came out of the desire to recognize how women have impacted history, culture, and society. It was a watershed moment for recognizing women in the United States. 

Theme for Women’s History Month for 2022

The National Women’s History Alliance chooses a theme each year for Women’s History Month. 2022’s Women’s History theme is “Providing Healing, Promoting Hope”. This year’s theme is a tribute to the work of caregivers and frontline workers during the COVID-19 pandemic and recognizes the many ways women provided healing and hope throughout history.

Even in ancient times, women were healers that worked to end suffering, while giving hope to a better future. This year’s theme encourages communities to honor local women who are counselors, clerics, artists, teachers, doctors, nurses, and others. These women in particular help ease suffering, restore dignity, and make decisions to improve our personal wellbeing.

Past Women’s History Month themes

2021: Valiant Women of the Vote: Refusing to be Silenced

2020: Valiant Women of the Vote

2019: Visionary Women: Champions of Peace and Nonviolence

2018: Nevertheless She Persisted: Honoring Women Who Fight All  Forms of Discrimination Against Women

2017: Honoring Trailblazing Women in Labor and Business

2016: Working to Form a More Perfect Union – Honoring Women in Public Service and Government

2015: Weaving the Stories of Women’s Lives

The importance of Women’s History Month

Women’s Celebrations are important even beyond recognizing the many contributions women have made to history and society in the United States. It is also a chance to bring awareness to the oppression that modern women face throughout the world.

For example, the gender wage gap between men and women leaves room for plenty of improvement. According to the World Economic Forum, large gender gaps remain in average income and many emerging jobs are deeply unequal. There is still a lot of work to do with removing barriers in the workplace and society for women. Women’s History Month is a reminder of the sacrifices that women in history made and also the injustices that still persist today.

History of National Women’s History Month

The Santa Rosa, California school was the first group to celebrate Women’s History. Starting in March 1978, the organizers wanted to encourage the contributions of women to society. They selected a week in early March to celebrate women to correspond with March 8th’s International Women’s Day.

Other cities across the country joined Santa Rosa in celebrating Women’s History Week. U.S. President Jimmy Carter declared the week of March 8th as National Women’s History Week in 1980. The week-long event became a month-long one in 1987. That’s when Congress passed a resolution that designated March as Women’s History Month. Since then, Women’s History Month has been held every March.

7 ways to celebrate National Women’s History Month

Looking for ways to celebrate Women’s History Month in 2022? Here are 7 ideas on how you can show your support.

Learn about the history of women’s rights 

This is a great time to brush up on the history of women’s rights. Use this year’s theme of “Providing Healing, Promoting Hope” to find women in history who have provided healing and hope.

Spread awareness on social media

Use your social media platforms to share articles, inspiring quotes, and other women-central content. Spreading the word is an easy way to celebrate and share knowledge in your circles.

Send a thank you to an inspiring woman

National Women’s History celebrates not only significant women in history but also the women in our lives that have made a difference too. Write a note to acknowledge your gratitude to let them know how they’ve made a difference.

Support a women’s nonprofit

To make a measurable difference, support a charity that works with women or girls in need. There are still many disparities that women face today and your contribution will help move the needle.

Shop from women-owned businesses

Women are still the minority of business owners, although the numbers are growing. Show your support to local female leaders, entrepreneurs, and service providers.

Support women artists and authors

Women in the literary and art fields have contributed significant pieces of work throughout history. Recognize their achievements by reading books from women authors or listening to music by empowering women musicians.

Educate yourself on today’s women issues

Women have made a lot of progress, but there are still many obstacles like wage gaps, harassment, and unconscious biases. Learn about these issues so that you can push for change.

Celebrating women of the past, present and future 

Women have a significant impact on our history and Women’s Celebration gives us the chance to recognize their contributions. Despite the progress, there are still disparities that we must acknowledge to overcome those obstacles. Take time to celebrate women in March by supporting one of the ideas shared here. Small actions can snowball into a wider movement that can be of historic significance.

FAQ

Almost 67% of women are investing outside of their retirement accounts, according to Fidelity’s 2021 Women and Investing Study. That’s an increase of 23% from the 44% of women investing in 2018. 

It’s critical for women to start investing, not only for their own financial futures but also for their family’s financial futures. Women who choose to become mothers hold a powerful influence over their children’s education and financial habits, and while investing can be beneficial to everyone, its advantages are even more pronounced for women.  

That said, some women may want to start investing but they may not know how to go about it. Here’s a guide that can help women to start investing and taking more control of their financial futures. 

How to make investing easier 

Investing can seem intimidating at first. While there are plenty of jargon and complex financial terms that we could talk about, it’s best if we simplify the process. One option is to sign up for automated investing services that will personalize your investments according to your selected risk tolerance. This can help you put your money to work effortlessly.

With fully-managed investing, experts will take care of everything. From creating your portfolio and picking individual investments to manage your account on your behalf, fully-managed accounts can be amazing. 

Ideally, you’ll want to look for options without any asset-based management fees or minimums. These will allow you to invest however much you want when you want.

How much should you invest at first? 

How much should you invest? The answer depends on your financial situation. Investing as much as you can is the most beneficial decision, especially if you’re younger and time is on your side. 

Take a look at your personal finances and decide how much you’re comfortable investing on a monthly basis. No matter if it’s $2, $20, or $200, every dollar matters, and staying consistent is key.

When you consistently add to your investment account instead of frequently withdrawing, you’ll start to see the benefits of compound interest, which is the money you will make on your initial investment and the gains on your investment. Check out this compound interest calculator to get a better understanding of how profits make profits!

Remember, women tend to live longer than men, so we’ll need a large nest egg to depend on later in life. Getting started sooner will only be more beneficial in the long run. 

What should you invest in? 

When it comes to investing, you have numerous options. You can choose from stocks, bonds, cryptocurrencies, ETFs, and more. Most investors will have a mixture of different asset types in their portfolios. 

Investing in a mix of stocks and bonds gives you diversified exposure to financial markets. If you want to invest yourself, you can either construct a portfolio out of individual investments or opt for ETFs that bundle a variety of individual investments together. 

Here’s a closer look at the three main investment types! 

Stocks

A share of stock is a single piece of ownership in a corporation. When you buy a share, you buy a tiny piece of a company. Many investment platforms also give you the option to invest in fractional shares, which are an even smaller piece of a share. This allows you to invest in company stocks based on the amount you want to deposit. 

Many corporations pay stockholders a small amount of money, either annually or quarterly, called a dividend. You receive dividends based on the number of stocks you own. 

For example, if a company pays out a $0.10 dividend per share and you own 100 shares of stock, you’ll get $10 from the company each time it pays out dividends. Corporations aren’t required to pay out dividends, and stock values can change quickly. 

Bonds

A bond is a legal contract between a buyer and an entity that borrows money. The U.S. government is one of the largest bond issuers, but corporations can also issue bonds. Bonds are typically safer than stocks because the issuer is obligated to pay you back for the money it borrows. Note: Bonds usually have a much lower average rate of return than stocks.

Exchange-traded funds (ETFs)

An ETF is a pooled investment vehicle that bundles a number of stocks or bonds together. You buy a small percentage of every stock or bond in the fund when you buy an ETF. Also, ETFs are an easy way to diversify — which means you spread your assets around to reduce volatility as you seek gains. 

How many stocks, bonds, and/or ETFs should you buy — and which types? That depends on how comfortable you are with risk and how long you plan to invest before withdrawing. If you want to take on greater risk to pursue higher gains and invest for a couple of years, you’ll likely opt for mainly stocks. On the other hand, you’ll likely choose bonds if you’re not as comfortable with risk and need to be more cautious about preserving your money in the short term. 

How long should you keep your investment account?

The amount of time you’ll need to keep your investment account open depends on the type of account you have and the goals you’re trying to reach. For example, if you have a Roth or a traditional individual retirement account (IRA), you cannot withdraw your funds before you reach retirement age. Early withdrawals can incur penalties or other fines.

Most other types of brokerage accounts don’t have a limit or time frame for withdrawals. In other words, you can withdraw at any time! That doesn’t mean you’ll want to withdraw your investments as soon as you see a return. 

Withdrawals incur capital gains taxes, and you’ll end up paying more if you’ve only held your investments for the short run. Investors with a long-term strategy not only pay fewer capital gains tax, but they also reap other benefits. A long-term investment strategy gives your money more time to grow, and it’ll be more likely to ride out market volatility. 

How can you minimize investments? 

If your employer offers a matching 401(k) plan, participating can help you maximize your investments. You also don’t want to forget to maximize the money deposited into your own IRA every year to add to your long-term savings and investments.

Can you borrow against your investments? 

Yes. Oftentimes, banks may allow you to take out a line of credit against the money in your investment portfolio. When you agree to borrow against your assets, your bank gets a lien on your assets that they can use to claim your investments if you don’t pay back what you owe.

If you decide to withdraw money from your retirement accounts early, you may have to pay a 10% early withdrawal penalty. This is why you might be better off letting your investments grow over time – or diversify into a non-retirement brokerage account for more flexibility. 

Close the investing gap

Investing can seem complicated, but it doesn’t have to be! It’s also important not to let the unknown discourage you. Remember that investing can bring about many benefits, and it’s a key way to build wealth. Keep doing the research and discovering advantageous brokerage accounts to help you get started!

Thankfully, it appears that women are already off to a good start. Women tend to be strong savers. In fact, a 2017 Fidelity survey found that women saved an average of 9% of their annual paychecks, compared to an average of 8.6% by men. 

Women are also, on average, better investors than men. The same 2017 Fidelity report found that women’s portfolios performed better than men’s by 40 basis points or 0.4% in total. 

Nevertheless, there is a ton of work that needs to be done. This is why we’ve compiled a list of the top money management tips geared towards women. No matter what your goals are, here’s how to take charge of your finances and free up funds to invest in your future! 

1. Take charge of your budget 

One of the secrets to financial wellbeing isn’t really a secret at all – it’s the age-old piece of advice that involves creating and sticking to a budget. 

No matter if you’re a man or woman, everyone should be analyzing how much money they have coming in and where that money is going. Developing a budget will help you become more aware of your spending habits and ultimately save you money down the line. 

If you share household expenses with your partner, sit down with them to discuss long-term financial goals like investing and retirement. Most importantly, don’t be afraid to take charge and share what you’ve learned to improve your household budget!

2. Take your career into your own hands 

Always look for opportunities to hone your craft and increase your pay at work. Special training, certifications, seminars, and continued education will give you a competitive edge. Be on the lookout for ways to improve your skills and be an asset to your employer.  With more education and experience, you’ll be eligible for better-paying jobs. And if you feel like you’re contributing a ton of value at work, don’t be afraid to ask for a raise. 

3. Look for remote work 

Are you a stay-at-home mom?  Finding the balance between being home with your kids and earning income is possible thanks to remote work opportunities. Take advantage of the ever-growing culture of online remote work. Working remotely gives you the ability to create your own schedule and monetize your skills.

Start by honing in on your existing talents or skills. You could write, create graphic illustrations, tutor, consult individuals or companies, or even become a virtual assistant! Sites like Fiverr, Upwork, and Indeed post hundreds of remote work opportunities daily. They’re a great starting point for searching for remote work opportunities. 

4. Start a side hustle 

Aside from remote work opportunities, it may also be worthwhile to explore side hustles. Maybe you have an entrepreneurial passion you’re looking to develop or you simply just want to earn some extra cash on the weekends. Side hustles can be a great way to hone in your skills and boost your earnings potential simultaneously. 

5. Invest early

Learning how to invest early on gives you an edge when it comes to securing your financial future. Setting money aside for retirement and having your money work for you sounds easy enough right?  

Knowing where to begin is another story. We recommend looking into various no-fee or low-fee brokerage accounts and investment platforms. You may want to explore a mixture of stocks, bonds, and ETFs. 

In fact, low-cost ETFs can be a great way to get started investing because they are typically well-diversified. In fact, famed billionaire investor Warren Buffet has been a long-time fan of index ETF investing for its diversified approach and long-term gain potential. He’s even gone on the record suggesting investors buy  an S&P 500 low-cost index fund; “Keep buying it through thick and thin, and especially through thin.”

6. Stay on top of your credit score 

Not only does having a high credit score directly affect your credit limit, but it gives you major buying power as well. When looking to buy a car, lease a rental, or get a mortgage – having a stellar credit score keeps your interest rates lower, credit limits higher, and can help you land a sweeter deal. Plus, with a higher credit score, you’re also less likely to need a co-signer on any loans or leases. 

7. Talk to other women about finance

Networking and sharing knowledge is critical in any field – but especially when it comes to money management. Find ways to discuss and share ideas with people who are also taking charge of their financial futures. You may learn advice, share career opportunities, or at the very least –  meet interesting people.

You can find Facebook or local meetup groups with other women in your area to discuss financial strategies and career moves. Speaking with others about successes, failures and growth is a great way to keep you motivated and inspired. Cultivate a tribe of like-minded individuals to surround yourself with. 

8. Follow female finance leaders

Uplift and support other women on their financial journey. You’ll feel empowered and connected to find that others are in your shoes or have already been through the trenches. Listening to podcasts or reading books from women who are paving the way in the financial world is a game-changer. The knowledge you’ll gain from the daily input of podcasts and books is priceless!  

Here are a few of our favorite women-centered podcasts and books. 

• Clever Girl Finance by Bola Sokunbi
• The Fairer Cents Podcast hosted by Tanja Hester and Kara Perez
• Millennial Money Podcast hosted by Shannah Compton Game
• The Financial Confessions by Chelsea Fagan
• On My Own Two Feet: A Modern Girl’s Guide to Personal Finance by Manisha Thakor and Sharon Kedar

Own your financial future

More and more women are stepping into their power and taking control over their financial journey.  After all, when you create a plan for your finances, you’re giving your money a purpose. And as you continue your financial journey, remember that consistency is key. Whether it’s investing or budgeting or even your side hustle, you won’t see results overnight. But with the right amount of dedication and commitment, you will see progress. 

With inflation levels rising at some of the fastest pace not seen in years, it’s fair to assume that if you’re not getting a raise, you could actually be losing money. Even small bumps in your salary can make a big difference, and there’s no harm in asking! 

Plus, we’re in the midst of a tight labor market, which means companies are facing more competition when it comes to hiring. You can use these factors to your advantage when it comes to securing a better salary.

Unfortunately, many women can be afraid to ask for a salary boost or negotiate better terms. Although it may not be the most comfortable conversation you’ll have, it is an important one. 

Plus, being prepared and doing the research beforehand can help you feel more confident and get you the results you’re aiming for. Here are some top tips for how women can negotiate a better salary. 

Prepare your negotiation skills

Before you go to an interview or a promotion meeting, be prepared. Try rehearsing what you want to say before the big day until you can deliver your case. The more you practice, the less nervous you’ll feel. 

Summarize your accomplishments to demonstrate your value and support your request for additional compensation. Follow up by highlighting what you want to do for the company in the future. You’ll want to wait until the end of a meeting or until you’ve secured a job offer before you really begin salary negotiations. 

Know your worth

You will have a better chance at fair compensation if you research the going rate in your market. An experienced hiring manager will have the upper hand if you enter a salary negotiation without knowing your market value.

Check out online sites such as Glassdoor, Indeed, LinkedIn, and PayScale, or talk to peers and recruiters in related fields to come up with a number. Remember to build in a little buffer space above your desired number since employers will try to negotiate down.

Don’t give the first number

Negotiation tactic number one: don’t be the first one to mention numbers. Wait for your boss or interviewer to put an offer on the table first. If you decide on a number, say $50,000 per year and the budget is $60,000 per year, then you would have sold yourself short by an extra $10,000 per year. 

If possible, try to ask what their budget is first. And if you are pressed to give a number, you’re better off giving a range rather than an exact figure. 

Avoid sharing current salary

If the interviewer asks about your current or previous pay, avoid sharing information. Recruiters may use this number to make an offer, so you may end up with a lower offer if you name a price right away. 

Instead of giving a number, refocus the conversation back to discussing how much the market is willing to pay for your skills. A potential reply could be, “I’d prefer to focus on the value I can add to the company, not my current salary.” 

The recruiter’s response could help you assess whether the employer is bargain hunting or would be unable to afford your desired compensation.

Use finesse in your words

Always start on a positive note during negotiations. Start by telling your boss or interviewer how much you look forward to growing with the company in the future. If you feel awkward about doing this, practice with friends or family members and ask for constructive criticism to make sure you don’t come off arrogant and demanding. 

You want to create the impression that you’re receptive and confident, so you have to choose your words with care. Mentally prepare to show gratitude and enthusiasm even if the offer is lower than what you expected because sulking will leave a bad impression. 

Negotiate in benefits

The money on your paycheck does not reflect your whole salary. Ask your interviewer or boss what other benefits are negotiable aside from the base pay. Think work flexibility, career development, incentives and bonuses, company-supported work-life balance, higher education reimbursement, health-related perks, childcare, insurances, 401(k) match, and stock options when trying to find the perfect job. These extras are valuable options that could make up for lower base pay.

Be prepared for pushback

During the negotiation process, you may get what you want on your first try but it’s normal to face rejection. If your boss says no, be prepared to explain why you deserve a specific salary and back it up with market research, your past performance, and how your value adds to the company’s goals, productivity, and revenue.

While lobbying for higher compensation, don’t forget to pay attention to what your manager is saying. Understanding management’s position helps you find a solution that benefits both sides. However, be prepared to walk away if you can’t get an acceptable offer.

Evaluate offer

Got an offer? Congratulations! If needed, ask for 24 to 48 hours to review the offer. Use this time to evaluate whether you should accept the counteroffer or not.

Don’t expect the new offer to tick off all the boxes, but consider whether you are willing to live with the trade-offs. If the terms don’t align with your personal goals, turn down the offer politely.

Revisit yearly

Negotiating compensation should not be a one-time thing. Revisit your responsibilities, salary, performance, and market compensation every year. If you are a valuable asset and you’ve taken on responsibilities that led to higher company earnings, fight for a higher salary. 

And with living expenses rapidly increasing, it’s only appropriate to ask your employer to boost your wages. Keep in mind that if you don’t receive a raise and inflation goes up considerably, you’ve actually received a salary cut since the real value of money has decreased. 

Don’t be afraid to take leave your company 

Finding a company you want to stay with for the long haul can be great. However, don’t feel obligated to remain attached to a job if you’re not receiving your worth in return. Some companies will actually pay outside hires more than the people they promote internally. 

This is why it’s so important to regularly check the average salary for your line of work and how much your competitors are paying people in similar positions. If you feel like you have been given the short end of the stick, don’t be afraid to seek out another offer from another firm. 

And if you’re smart, which you are, you’ll use a new, better offer as leverage during negotiations with your current employer. 

Secure the pay that reflects your value

When your salary no longer makes sense according to your value, it’s time to talk about pay with your boss or hiring manager. Sharp negotiation skills help women close the gender pay gap and receive fair wages. Addressing this disparity is an important step towards empowering women.

Women likely feel confident taking charge of family finances as breadwinners brandishing solid money habits. Earning a higher salary provides a strong foundation, and investing wisely can help your savings grow.