Introduction
As a working mother, I’m intrigued in investing and growing my money, but I don’t always have extra money to do so. There is always something, my money has to go to, whether it is for my kids, household, medical reasons, or life emergencies. In 2024, I came across Cassandra Cummings Founder of Stocks and Stilettos Society Breakfast Club interview. I was immediately drawn in by her life story, finance experience, and how articulate she is, so I joined her free facebook group The Stocks & Stilettos Society- a group of over 100,000 women investors from novice to advanced/experienced investors. I immediately began learning and researching within the group and got hooked. The summer of 2024, Cassandra Cummings hosted a free 5-day Stock Summer Camp and when I say the information provided was so valuable, I couldn’t believe it was free. During this 5-day course, Cassandra Cummings shared beginner friendly investment strategies, even how to find the money when you may not have it.
For the purpose of this blog post, I decided I’m going to start my $500 emergency fund journey using one of Cassandra Cummings’s microinvesting advice by using Acorns the Invest Spare Change (connect debit cards and with purchases will be rounded up to the whole dollar amount and that excess amount that was rounded up goes to my investment account; for example: a purchase of $4.45, the purchase will be rounded up to $5.00 and the excess of $0.55 will go to my investment account) with the multiplier of moderately aggressive to aggressive method in order to 10x my investment. I also decided to invest in VOO for S&P 500 exposure and Acorns chose other stocks and bond options for me with the Bronze plan. Shoutout to Cassandra Cummings and the miraculous work you do in the investment industry for women!
In this blog post series, I will be taking you through my journey of investing my spare change with Acorns with a goal to transfer my earnings to my newly funded emergency fund of at least $500. My plan is to provide monthly updates of my account value and encourage you to start your journey to save towards an emergency fund or other purposes. (FYI: My investment journey with Acorns began 8/23/2024)
Let’s Engage
What interests you to begin investing?
Conclusion
Let us pray: Lord thank you for bringing this amazing mother on this blog post. I’m excited to be a part of this investing for beginner journey with this fellow mother and Queen. We got this and I trust that you got us Lord. In Jesus name, Amen!
Contact Information That May Interest You
I would love to continue our conversation. If you’re up to it, I invite you to chat with me further and let’s talk about financial planning options for you and your family.
Booking link: https://calendly.com/speakgenwealth/45min
Join the Speak Gen Wealth community Email Newsletter where I share news about nonprofits organizations I give back to and my signature referral program:
My name is “Kim”berly Jones, a financial advisor for working mothers who specializes in indexed universal life, term life insurance, and annuities. Learn more about my brand’s mission, vision, and values at: www.speakgenwealth.com
