I just noticed this post by the Career Contessa.

And I thought Kathleen made a lot of good points.

First off, she points out that you can and should give yourself a raise without working more.


By investing.

As Kathleen writes “For every dollar you put in a 401(k), mutual fund, or stock, you’re planning long-term—watching your money grow while you’re off growing your career. “

While this seems like a pretty commonsense thing to do, apparently research shows that females aren’t investing at the same rate men are. Even though also statistically female investors earn higher returns than men… pretty strange right?

As a female who has always been interested in investing, it struck me as odd that there is such a thing as an “investor” gap between the genders.

We all need to live our best life after retirement and we need to make sure we have the funds to do so!

As Kathleen points out and I’ve personally experienced, the best way to invest is to get a good mixture of stocks, bonds, and cash.  It’s also best to find a financial advisor so you can make sure to invest wisely and spread your funds appropriately amongst these options.

Now in Kathleen’s article she mentions finding a female advisor and recommends using an advisor geared towards women’s needs.  Frankly, I don’t think that’s particularly necessary.  And you definitely shouldn’t wait to find a female advisor to start prioritizing your financial goals.

So what’s a girl to do instead?

Research the best local advisors and make an appointment to go talk with one. Or, if you’re in college see if there are any free campus resources available for you.

And-never think that just because you’re young you have time to spare before you start planning your retirement!