Long gone are the days when we put our financial well-being into someone else’s hands. While financial advisors often focus on individuals with significant wealth, the ultimate responsibility for our financial situations lies within ourselves.
It’s crucial that we take ownership and work towards making positive changes in our financial lives. For women, this is especially important as we continue to close wealth gaps and build financial independence.
Personal finance and investing may feel intimidating, but they are essential conversations.
That’s why I’m thrilled to welcome Mabel Nuñez, founder of Girls On The Money, to the podcast today! Mabel is dedicated to helping women prepare for their financial futures and grow wealth through investing.
In this episode, we discuss actionable steps women can take to confidently start their investing journeys and build long-term wealth.
Who is Mabel Nuñez?
Mabel is a first-generation investor whose life changed in 2004 when she took a finance class that introduced her to the world of the stock market.
Inspired by what she learned, Mabel launched Girls on the Money in 2015 to educate and empower women about investing.
Her work has helped foster a thriving community of women who are passionate about building wealth. Mabel holds a Bachelor of Science in Business and an MBA in finance from one of New York City’s top business schools.
Through Girls on the Money, she continues to make investing accessible, relatable, and empowering for women everywhere.
Here’s a glance at this episode:
- [04:05] Mabel shares that no one ever talked to her about investing, so when she took a class to learn more, the trajectory of her life changed.
- [12:25] Emergencies don’t announce that they’re coming. Mabel shares the importance of having a savings account dedicated to emergencies.
- [18:00] Don’t overthink getting started with investing. Mabel discusses hurdles that could stop someone from investing.
- [27:54] If you’re a long-term investor, you can expect your money to grow and compound by 10% per year. There’s no better return.
- [41:12] If you’re buying quality company stock, your portfolio will bounce back. That means you’ll want to be careful with how you react to dips.
“You don’t need to be rich to invest; you just need to start.”
What You’ll Learn in This Episode:
Mabel’s Investing Journey: How a single finance class sparked her passion for investing and changed her life trajectory.
Closing the Knowledge Gap: Why investing is still less discussed among women and how to bridge that gap.
Actionable First Steps: How women can take control of their financial futures starting today.
Overcoming Intimidation: Practical advice for approaching investing with confidence.
Investing Myths Debunked: Why you don’t need a lot of money to start investing—and how small amounts can grow over time.
Common Challenges for Women Investors: Insights from Mabel on the biggest hurdles women face and how to overcome them.
Managing Investments: Tips on how often to review your portfolio and why too much checking can be harmful.
Future of Women’s Wealth: Where women’s financial power is heading in the next two decades and how to seize the opportunities now.
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Resources mentioned in this episode:
Follow Mabel on Instagram
Learn about Raya’s Financial Focus Coaching Program
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Join the City Girl Savings Facebook Group
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