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One of the easiest ways to manage your money better this year is to hit the follow button on some finance influencers. Without having to do much work at all, you’ll get a regular dose of personal finance know-how in your social media feed, email inbox or your queue of podcasts.
We talked to some of our favorite Black financial pros about the Great Resignation, buying a house in a competitive housing market and whether investing in crypto is a good idea.
1. Bola Sokunbi
We asked Bola Sokunbi (founder of Clever Girl Finance) what advice she’d give to job hunters:
“While you look for work, even though your income might be limited right now, one thing you have control over is crafting a financial plan for savings, debt repayment, investing, etc. You can also spend this time while you look for work to focus on budgeting and managing the money and resources you have available to you now. Don’t be afraid or ashamed to work below your skill set or for less pay for a temporary period of time, if you need to have income coming in right away.”
2. Dasha Kennedy
Dasha Kennedy (The Broke Black Girl) said people should embrace remote opportunities, whether that’s freelance work or networking online:
“Don’t underestimate your ability to use the skills you’ve learned from your previous employer to earn income as a freelancer.
“If you are still seeking full-time employment, continue to network remotely. I believe that the future of work is going to be virtual. The current employment climate has forced many companies to find talent in unconventional ways such as social media, virtual events and online job fairs.
“There’s currently a wave of people using their transferable skills to switch careers and go into well-paying, remote-based positions that are the complete opposite of their previous [jobs]. Right now is the perfect time to know when to pivot.”
More: If your job doesn’t give you purposeful work, you owe it to yourself to join the ‘Great Reshuffle’
3. Mandi Woodruff-Santos
We asked Mandi Woodruff-Santos (of MandiMoney) on what to consider before changing jobs:
“Just because the Great Resignation is happening and …….