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| Stat Of The Day |
| 77% |
That’s the percentage of Gen Z’ers who say they’d prefer not to work fully remote. According to a new poll, they’re much more likely than older generations to want to see their coworkers IRL. One thing everyone can agree on? Hybrid work offers the best of both worlds. |
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Want To Build Wealth? Start With This Free Class
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The world feels turbulent—economically, politically, environmentally – and while uncertainty looms, women are standing at a powerful threshold. In the next 20 years, trillions in wealth will shift into women’s hands. The question isn’t if that change is coming. The question is: Will you be ready?
Join us Monday, August 4, at 7:30 PM ET to step into a new kind of financial power—one where you’re not at the whim of a financial advisor or money manager.
Too often, women hear, “Don’t worry, we’ll handle it for you.” But that’s not real control. That’s dependence—sometimes with hidden fees and low transparency.
InvestingFixx is where this pattern ends. It’s a live, expert-led investing class specifically for women created by personal finance expert (and HerMoney CEO) Jean Chatzky and professional investor and CNBC panelist Karen Finerman. In this class, you will: |
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Learn exactly how investing works (in plain English) |
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Watch real investments get made in our model portfolio (not pooled funds – what you do with your money is entirely up to you) |
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Ask your questions, cast votes on potential investments and understand the “why” |
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Understand what you need to do to meet your financial goals |
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Build confidence in a smart, supportive community |
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No jargon. No judgment. No experience required |
During Monday’s FREE new-member kickoff, Jean and our InvestingFixx team will walk you through the basics, explain how the class works, and help set the stage before our live session starts at 8 PM ET.
You don’t need to be optimistic about the stock market. You just need to understand it. Join us Monday night on Zoom. Come for the new member intro. Stay for the class. |
| ✨RESERVE YOUR SPOT HERE✨ |
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| The Future Is Local – And It’s Female |
This week, we’re diving into politics – but not the messy kind in D.C. We’re going local. Because local elections shape our neighborhoods, schools, budgets, and rights. And right now, women are stepping up in a big way.
On the latest HerMoney Podcast, Jean Chatzky sits down with Amanda Litman, co-founder of Run for Something and author of "When We're In Charge,” along with HerMoney’s own managing editor – and first female Mayor of Watertown, NY – Sarah Pierce (yes, she holds both jobs at the same time!). They get candid about what it takes to run for office, how young women are redefining leadership and why local government might be the most powerful place to start.
One of the major roadblocks for women? Thinking they need political experience to jump in. Not true, says Litman. “Nobody is born a politician in the same way nobody's born an artist or a musician. The way you become one is by doing the thing,” she shares. “You become a politician by putting your name on the ballot, running for office, talking to voters, being on the ground, connecting with people, and hopefully winning.”
Another myth? Moms are too busy to run. Pierce proves otherwise, pointing out that roles like hers can actually work because they allow for flexibility. “The position of Mayor in my city is part-time, and one of the benefits of that is it's very flexible, which is conducive to having other things going on, namely a career, and raising my daughter,” she shares. |
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| Things That Save You Money |
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Amazon, you big tease. While prices may have dipped for Prime Day, the company has since hiked them on 1,200 essentials, while rivals like Walmart are slashing theirs. Here’s what to watch out for. |
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It’s the summer of the heatwave. Before cranking your air conditioner down, check out what HVAC pros say is the perfect temp to keep things cool (and your energy bill in check) during hot weather. |
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And, speaking of heat, did you know you don’t always need to waste energy preheating your oven…even if a recipe insists? For dishes like macaroni and cheese, warming up leftovers, and baked potatoes, you can skip the wait and go straight to cooking. That said, there are some dishes where preheating is a must. |
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| This Week In Your Wallet |
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You set it, forget it and let time do the heavy lifting. As Hayden Field writes for HerMoney, by saving a little at a time and investing in low-risk, market-tracking funds, your money can grow exponentially throughout the years. Even if you’re juggling other financial priorities, like debt or student loans, it’s worth revisiting your budget to see what you can set aside now, because every bit counts. For example, if a 25-year-old invests $200 a month with a 6% return, they’d have over $393,000 by age 65 – but waiting until 35 cuts that amount nearly in half to $201,000.
💰P.S. Ready to put compound interest to work? Getting started with investing is easier than you think. Check out a few of our favorite beginner-friendly apps that can help you take the first step in just minutes.
The one-page résumé rule is out the window – thanks to AI. As The Wall Street Journal reports, longer résumés can actually boost your chances of getting past the bots. Why? More space = more keywords…and those are exactly what AI screeners are looking for. The trick is making yourself “discoverable” without going overboard. “A person will probably look at your résumé if you get past the bot,” notes the WSJ. “Recruiters say they’re generally willing to read multiple pages from an experienced candidate who made it through the AI screen, but four or five is pushing it.” One job-seeker profiled in the piece used Microsoft Copilot (an AI tool) to whip up a three-page version of his résumé tailored to a financial services role – and got the job.
Worried about the future of Social Security? You aren’t alone. A new AARP survey shows just 36% of Americans are confident in the future of the retirement trust fund, down from 43% in 2020. Another survey, from the Alliance for Lifetime Income, found that 58% of older Americans fear cuts because of recent headlines about potential changes to the program. As USA Today reports, new federal projections released in June show the combined Social Security trust funds will run short in 2034 – one year earlier than previously reported. Meanwhile, the Old-Age and Survivors Insurance Trust Fund, which pays benefits to retirees and their families, is fully funded only until 2033. “And I think that’s close enough in the viewfinder for even older people to think, ‘Holy moly, what’s going to happen to me?’” HerMoney CEO Jean Chatzky tells USA Today. |
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| Ask Jean |
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| Q: |
I am swimming in paperwork and am unsure as to what I must hold onto. Specifically, I’m wondering about financial statements. If I can access these items online, should I still keep paper copies? If so, how long? I am on a decluttering mission! |
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Let’s Marie Kondo this, shall we? The short answer: No, you really don’t need to hold onto paper copies of your financial statements. Experts we spoke with say it’s smart to keep the most recent version of your monthly statement – whether paper or electronic – but beyond that, feel free to ditch the rest.
There are a couple of documents you’ll want to keep for an extended period, though. “For investment and bank accounts, hold on to the year-end statement until you’ve filed your tax return; after that, electronic archives are usually sufficient, unless you own investments purchased before 2012 (when institutions weren’t required to track your cost basis),” says Patrick Huey, Owner and Principal Advisor with Victory Financial Planning. “In that case, keep records showing what you paid—they may be the only proof if you sell later.” |
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| Submit your questions to Jean here. |
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