How to Make Your Money Work as Hard as You Do

According to Fidelity Investments' recent Financial Sentiment Survey, the pandemic continues to cause historic levels of stress, especially for women. The survey showed that 79% of women suffer from stress due to money and job security, up from 67% last fall.

However, there's good news, too. Seven in ten women believe they'll be better off financially in 2021 than in 2020 and are ready to take control of their money.

To discuss the Fidelity study and actionable tips to make your money work harder (regardless of gender), I interviewed Lorna Kapusta. Lorna is the Head of Women Investors & Customer Engagement at Fidelity Investments. Her job is to empower women, regardless of their career or financial situation, to become more actively involved in their finances.

On the Money Girl podcast, Lorna and I cover a variety of topics, including:

• Critical findings from the recent Fidelity survey.
• How to create a simple money plan that alleviates financial stress.
• Exactly what to do with your money based on its purpose.
• How to make your money reach its full potential without being too risky--even if you're afraid of investing.
• Tips for creating a solid financial foundation.

[Listen to the interview using the embedded audio player or on Apple Podcasts, SoundCloud, Stitcher, and Spotify]

4 Ways to Help Your Money Work as Hard as You Do

Here are four tips to help your money work harder"

Tip #1: Reset your financial foundation

Having a clear picture of your overall financial situation and establishing an emergency safety net is a game-changer. It's critical to review your saving and spending, so you know exactly where your money goes and what to plan for. 

A recent Fidelity survey found that more than half of women said they need at least six months of emergency savings to sleep...

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