Female Voices in Finance: Credible Advice from 3 Female Advisors

Despite growing demands for gender inclusivity, the financial industry is still very much a boy’s club. There are plenty of reasons why this is — everything from lingering prejudices and lack of opportunities to the burden of childcare forcing many women to put their families before their careers. 

But that’s not to imply zero women are making a living in the industry. If you know where to look, you can find credible role models who can inspire other women to become interested in their finances — whether it’s to start using a budget or becoming a registered broker. 

Here are three women who have broken the glass ceiling and the top tips they want to share. 

Suze Orman has been delivering poignant financial advice for more than three decades. For years, she championed the emergency fund as the single most important thing to focus on, and she has only doubled-down on this since the pandemic. 

Originally, Orman recommended saving three to six months of savings in this fund, but now she advocates for a fund of eight to 12 months to reflect the volatile times. 

It’s her top tip because, without it, you’re vulnerable to any unexpected expense—from unplanned household repairs to surprise car breakdowns. 

While you can find an installment loan for help with an emergency, these financial products shouldn’t replace an emergency fund. Consider an installment loan as a short term financial solution to pay off urgent expenses before you focus on rebuilding your savings.

All too often finance can be seen as a black-and-white subject with little room for feelings, but personal finance guru Rachel Cruze thinks this is a giant misconception. She believes that emotions have an enormous sway on your money decisions, so it’s crucial you understand how they can influence your thinking.

Who hasn’t splurged on costly Uber Eats or a new toy when they’ve felt sad or depressed? Or maybe you’re feeling upset over how often you have to use installment loans. This is exactly the kind of emotional response Cruze is talking about. 

Becoming self-aware involves getting the crux of your financial hang-ups — whether they come from childhood, internalized fears, or your dreams. And when you understand the root cause of these behaviours, you can make lasting changes to your money habits. 

Former registered broker and TikTok star Vivian Tu shares her favorite savings tips on social media, but her bio strongly advertises that she is not handing out personal finance advice. 

She started her channel Your Rich BFF to make financial literacy more accessible to Gen Z and young Millennials, but she wants to make sure you understand the pros and cons of using TikTok as your only financial info resource.

She says there’s a lot of “super sketchy” financial advice floating around the Internet that isn’t based on fact but speculation. As a result, she advocates for financial literacy so that young people can understand the need for regulated help from registered advisors and wealth platforms. 

Suze Orman, Rachel Cruze, and Vivian Tu are three female voices in the financial world. They join the small but mighty group of women working to empower other women.  Try their tips on size and see how their unique perspectives can help you build a financially secure future.