Homeownership Guidance, Advice and Blogs

As the Director of Affiliate Relations at HomeFree-USA, I’ve always been fascinated with how people handle their money. Like everyone else, I’ve had my financial ups and downs. In fact, it took me 32 months to pay off $32,000 in credit card bills and build up a six-month emergency fund. While that was a very difficult period, I am grateful – and wiser -- for the experience.

Through my personal experiences and working at HomeFree-USA, I’ve gained a ton of insight that I feel compelled to share. You’ll find those lessons here. Feel free to take the thoughts and ideas that resonate with you most and put aside the rest for later. I look forward to sharing my journey.

Grind Like A Girl

Last week was epic for women. Serena Williams is officially the highest paid woman in sports, Kamala Harris and Loretta Sanchez, Black and Latina respectively, won the California primary and are running against each other for Senate.

If elected, Harris would be the second Black woman and Sanchez the first Latina Senator. Politics aside, Hillary Clinton became the first female to enter the general election as a Presidential candidate.

Aside from the common thread of gender, these women have taken part in most or all pathways to success in America. If you’re not already doing these, consider them as increasingly important stepping stones to grinding like a girl:

1) Women are graduating from college at higher rates and are less likely to drop out. Per Fortune Magazine, female grads account for 60% of U.S. Bachelor Degree holders. According to the Center for Education Statistics, black women are the largest share of current college enrollees.

2) Women are business owners. Maybe because we’re still finding it tough to become corporate CEO’s (only 24 of the Fortune 500 companies have female CEO’s), many ladies are turning to entrepreneurship and finding that it suits them well. According to the Census Bureau, Women now own 36% of all businesses in the U.S.

3) For most Americans, homeownership is the cornerstone to wealth building. Single women have outnumbered men in this arena since 1982, with the majority of buyers today being between 45 and 54 years old.

4) Homeownership is key to stabilizing your monthly expenses so you can save and invest more. This is where true wealth building lies, and women are embracing that more than ever. We typically contribute more to our retirement funds, let money sit and grow rather than moving it around, and rely on expert advice. Thatmust be why there are so many female HomeFree-USA members. Smart!

5) Giving is arguably one of the most important things you can do with your time and money. Ms. Harris, Ms. Sanchez and Mrs. Clinton have spent much of their career serving through public office, a job that pays far less than deserved. And Serena consistently pours time and money into education and helping communities deal with violence. In spite of how they give, none of their purses are light.

So for all of you who are wondering how you’re going to get from one day to the next, remember to grind like a girl and you’ll be alright.

And so it is.