What Are The Top Female Financial Influencers Preaching About Right Now?

By Lyle Solomon

Even though men have historically dominated the finance sector, more women are speaking up and becoming go-to sources for financial information and empowerment.

As they carve careers as legitimate personal finance experts, they are blogging, podcasting, writing books, and accumulating substantial social media followings.

Additionally, they are assisting countless other women in improving their financial literacy.

Here’s what some of the top female financial influencers are preaching about now.

Suze Orman

Suze Orman is best known for her CNBC program of the same name, which she hosted from 2002 to 2015. She has penned 10 best-selling books and uses her humble, working-class upbringing to motivate readers to take charge of their money and amass wealth. Orman has also written for various magazines, including Forbes, and earned two Emmy awards.

What she is preaching now

“You’re never powerful in life until

you’re powerful over your own money.”

Nothing can be more adept than this. Leading an extraordinary financial life is impossible unless we become good money managers. We feel helpless and depend on credit cards to do our shopping. As a result, credit cards or instead creditors get the power to control your life.                                       

Lynnette Khalfani-CoxCo-Owner of The Money Coach LLC.

The Money Coach LLC, a financial education business, is co-owned by Lynnette Khalfani-Cox and her husband. The company was founded in 2003. She is a New York Times bestseller. Khalfani-Cox has previously written for publications, including The Wall Street Journal.

In a recent article published in CNBC, Khalfani-Cox is preaching about how she achieved a perfect 850 credit score after years of good credit behavior. Previously she had an 800 FICO score and was quite happy with it. However, she aimed for more and finally got it.

According to her, there are a few tips to attain that perfect 850 credit score, and here are a few of them.

Reduce the amount of debt you have.

Your credit utilization ratio, which accounts for 30% of your credit score, is how much of your available credit you utilize. Your credit score will rise the more credit you have available. The majority of experts advise keeping your utilization rate under 10%.

When she started working on getting herself out of debt, she realized how much she wanted to improve her credit rating. She once had a $100,000 debt that took three years to pay off in the earliest years of her life.

Once her credit card obligations were eventually paid off, her credit score increased by almost 100 points.

It is better to negotiate credit card debt and pay it off rather than gradually let your credit score plummet.

Pay all of your bills promptly.

Simply making on-time payments every month is one of the simplest methods to improve your credit.

Your ability to consistently make minimum debt payments on time, whether for a credit card, personal loan, or auto loan, accounts for 35% of your FICO credit score.

Michelle SingletaryPersonal finance columnist for The Washington Post

The “Color of Money,” a syndicated column for the Washington Post that has received a Pulitzer nomination, is written by Michelle Singletary. She also regularly appears on TV news programs and is the author of four books on personal finance.

Recently Michelle was found preaching about the financial benefits of recession in her latest article in the Washington Post. She claims that savings rates are up, unemployment is still low, housing prices may come down, bond inflation rates may go up, and so on.

Nicole LapinBusiness reporter and author

Nicole Lapin is a former news anchor for CNN, CNBC, and Bloomberg who now works as a financial analyst. Her tweets empower women financially by fusing humor and personal finance advice. She also wrote the New York Times bestsellers Rich Bitch and Boss Bitch.

In a recent interview, she was preaching about saving money. The first healthy saving habit is creating a savings plan. You can send the money to your savings account and forget it. Determine an amount and set it aside each month in an automatic savings plan. These savings accounts have high-interest rates. Each time you deposit an amount, you earn interest.

Christine BenzDirector of personal finance at Morningstar

One of the nation’s most significant investment education companies, Morningstar, has Christine Benz as its director of personal finance. Her tweets primarily cover news and studies related to retirement and income disparity. ’30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances’ is another book by her.

Christine Benz is preaching about how to balance various financial objectives and steer clear of mistakes when paying for college.

According to her, the crucial term is balance. Like so many other aspects of life, saving for college should be balanced with other significant financial objectives, with retirement savings being the primary one. Retirement savings must be prioritized because you have fewer options than paying for education.

The public university in-state tuition is $9,000, and out-of-state tuition is $19,000. Some well-regarded public colleges charge significantly more than that. Private school tuition has also skyrocketed, with the average cost hovering around $38,000 and many elite private colleges costing upwards of $60,000.

Jill SchlesingerCBS News business analyst

Jill Schlesinger’s tweets break down economic trends and demonstrate how they apply to personal finance. She is the author of “The Dumb Things Smart People Do With Their Money: Thirteen Ways to Right Your Financial Wrongs” and the widely syndicated column “Jill on Money.”

In a recent interview, Jill spoke about the financial challenges Americans face today, inflation reports, and how they affect consumers financially.

These are the women who are on the forefront of the financial literacy and influencer world. I highly recommend following them and keep up to date with their expertise.

Lyle Solomon has extensive legal experience, in-depth knowledge, and experience in consumer finance and writing. He has been a member of the California State Bar since 2003. He graduated from the University of the Pacific’s McGeorge School of Law in Sacramento, California, in 1998 and currently works for the Oak View Law Group in California as a principal attorney. You can follow him on Linkedin and Twitter.