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Stat Of The Day
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582%
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Orange you glad for Taylor Swift? Brands sure are. The singer’s new album (dropping Friday!) features her so-called “Portofino Orange Glitter” color and companies are cashing in on the glow. Pinterest reports a surge in orange-inspired searches since the album’s announcement last month – with searches for “orange blouses” up 582%.
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You Asked, We Listened 🙌
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Attention, HerMoney Podcast fans: For years, you’ve told us you’ve wanted more – more mailbags, more behind-the-scenes, more time with the team. And now, we’re making it happen.
We’re launching a brand-new subscriber-only space with:
🎙 Exclusive bonus episodes (including deep-dive mailbags with Jean & Kathryn)
🎙 Ad-free listening across the entire feed
🎙 A chance to help shape what comes next
We’re not opening the doors just yet — but it’s coming very soon. And when it does, you’ll be able to join as one of our very first members to help us kick off this exciting new chapter.
👉 Keep an eye on your podcast feed + socials for details!
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This Week In Your Wallet
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Could Amazon owe you $51? Maybe. The company will refund millions of customers as part of a $2.5 billion settlement over claims that it made canceling Prime too confusing. As CNN reports, anyone who signed up between June 23, 2019, and June 23, 2025, may be eligible for a refund of up to $51. Some customers will receive automatic payments, and then anyone eligible to submit a claim will be notified by email or mail. A website with details on the claims process is expected to be available soon, according to CNN.
It’s officially lights out in Washington. Lawmakers failed to agree on a funding plan, triggering a government shutdown. While that sounds like reason to panic – don’t. Most everyday benefits – like Medicare, Medicaid, Social Security and SNAP – will continue. But there are ripple effects. Federal workers will largely go without paychecks, and with many agency employees furloughed, it could take longer and be more difficult to get assistance from federal agencies. For example, processing new Social Security applications could be delayed, as NBC reports.
One of the biggest reasons women say they aren’t investing is that they don’t know where to start. This week, on HerMoney.com, we’ve got your cheat sheet: 10 answers to the most common questions new investors ask. We’re starting simple with the difference between “stocks” and “shares.” Shares are the ownership certificates of a specific company. For example, you might say you have 50 shares of Facebook. Owning stock, on the other hand, is a more general term, meaning you own a number of shares in a company or multiple companies. If you own shares of Facebook and Google, you own tech stock. “But really, this is just semantics,” writes Karen Carr. “People often use the terms interchangeably.”
👩🏫 What if your investing teachers were HerMoney CEO Jean Chatzky and CNBC’s Karen Finerman? With InvestingFixx, they are. InvestingFixx is HerMoney’s investing club built just for women. We meet twice per month to help you grow your money and your confidence. The best part? Your first month is totally free. Come see what we’re all about!
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Things That Save You Money
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Ask Jean
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| Q: |
Without giving a lot of unnecessary background, I am finally about to begin a career where I can start retirement planning. Do you have any favorite resources that can break it down for me?
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| A: |
First off, congrats. Now, here are some steps I’d recommend you take ASAP:
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Plan to save at least 10% of your income (15% if you can) for retirement. Automate it so you force yourself to save, not spend.
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Use a 401(k) if you have access to one. Set up automatic payroll deduction contributions, if you haven’t already. Aim to capture any and all matching dollars your employer offers. They = free $.
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An individual retirement account (IRA) is your other key to sheltering more of your savings from the IRS. The main types are the traditional IRA and the Roth IRA.
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If you’re not sure where to put the money in your retirement accounts, a target date fund that lines up with the date you expect to retire-ish can be a good all-in-one solution.
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For many people, a financial professional can be invaluable when it comes to putting together a retirement savings plan. Here’s some advice on how to find a good match.
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Remember – investing in the stock market is your best bet to outpace inflation.
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For more, check out our retirement articles on HerMoney.com. Or binge the HerMoney Podcast – especially our retirement-focused episodes. They’re among our most popular…and for good reason!
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Submit your questions to Jean here.
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