Women in Business & Saving
Dorri Scott & Beth Napper, co-founders of “High Worth n’ High Heels” , a networking and finance forum designed to empower men and women of color, share their tips for saving and investing money .

Every woman should have at least 6 months worth of expenses saved in a bank account that is easily accessible. Expenses include: Rent/Mortgage, Car Note, Utilities, and Tuition.

If you have children consider a 529 Savings Plan. The 529 Savings Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.

For those of you looking for ways to invest your money in stocks, bonds or mutual funds, Beth Napper suggests you start researching the market. Morningstar.com is a good place to start. Once you’re comfortable with how the market works, think about hiring a financial advisor. There are a number of resources for those looking to work with a FA including, cfpnet.org

Above all else the ladies of High Worth n’ High Heels encourage women of all ages to begin taking steps to securing the future now. It’s never too late to build the wealth you deserve.

If you want more information on High Worth -n- High Heels contact them at highworth1@gmail.com.