April is Financial Literacy Month, and as a career accelerator whose mission is to inspire all women to climb the economic opportunity ladder, making smart money moves is critical.

Rung’s programming includes a financial literacy component that allows all members to tap into working with a financial education expert to set their thriving wage goal.

Alnita Smiley is Rung’s Financial Education Lead and Certified Financial Social Worker. She is sharing Five Financial Tips for Women in honor of Financial Literacy Month.

  1. Remember to PAY YOURSELF FIRST! This may include you contributing to your emergency savings fund or retirement account. We spend money on what we consider worthy, and YOU ARE WORTHY!
  2. Take care of your MENTAL HEALTH, and your FINANCIAL HEALTH will follow. Mental health and money are so deeply connected, and they can positively or negatively impact each other.
  3. Spend at least ONE HOUR A WEEK with your money. This can consist of creating your weekly spending plan, creating a plan to pay off debt, or looking at your three credit reports.
  4. Teach your children about money! To truly BUILD and MAINTAIN generational wealth, we must educate ourselves, our children, and their children! Generational wealth is not built overnight and must be maintained from generation to generation.
  5. Identify your spending triggers and create a plan to counteract them. You can have emotional, situational, physical, or relational spending triggers. For example, a small leak in the boat will cause it to sink.

About Alnita Smiley

Alnita Smiley (She, Her, Hers) is the Financial Education Lead and Certified Financial Social Worker at Rung for Women. She has a passion for learning, teaching, and exploring all things money. Through her work, she discovered that the common thread among all populations was the need for financial education, access to wealth-building tools, and the knowledge and skills needed to build and maintain wealth.

Alnita is honored to assist women and families with building credit, decreasing debt, saving for emergencies/retirement, and more. She’s also seasoned in developing financial education curricula, creating individualized action plans to build credit, and assisting individuals with building a healthy relationship with their money. Her life’s mission is to help women climb the economic ladder of life, end generational poverty, and build generational wealth.