Tag: personal finance blogger for women

She Makes Cents: Empowering Women on the Path to Financial Success - Top 50 Best Black Personal Finance Blogs & Websites

She Makes Cents Recognized Among Top 50 Best Black Personal Finance Blogs & Websites!

Published on by Danielle YB Vason2 Comments

Hey, fabulous readers of She Makes Cents! We have some exciting news to share with you all. We are thrilled to announce that She Makes Cents, by Danielle YB Vason, has been recognized as one of the Top 50 Best Black Personal Finance Blogs & Websites by Feedspot!

Out of the numerous incredible blogs out there, She Makes Cents has secured a remarkable spot at number 13 on this esteemed list. This recognition is a testament to the dedication, passion, and hard work poured into empowering our readers on their financial journeys.

“To be acknowledged alongside other influential Black voices in the personal finance sphere is truly humbling. I am grateful for our incredible community of goal-setting women for their unwavering support and encouragement” said Danielle.

This achievement reinforces our commitment to providing valuable content, insightful tips, and practical strategies to help you slay your financial goals and embrace the rich life you deserve. We’re here to inspire, motivate, and empower you every step of the way.

We couldn’t have accomplished this without YOU, our amazing readers and supporters. Your engagement, feedback, and stories of success continue to fuel our drive to make a positive impact in the personal finance space. Let’s keep breaking barriers and redefining what it means to thrive financially.

Thank you for being a part of the She Makes Cents journey. Cheers to each one of you and to an even brighter future ahead!

First Time Millennial Home Buyers - Get Your Questions Answered About the Home Buying Process on She Makes Cents

Millennial First Time Homebuyers: Send Me Your Questions

Published on by Danielle YB VasonLeave a comment

Millennials are breaking into the housing market with great force with hopes of attaining one of the biggest stepping-stones to the American Dream- homeownership.   Whether or not the American Dream still exists is questionable, but one thing that is certain is that as the largest active generation in the housing market at 34%, millennials are making lemonade out of lemons and turning the boomerang generation into homeowners.

Millennial First Time Home Buyers | Get Your Questions Answered on She Makes Cents

Buying a house is the largest financial investment that most people make in their lifetime.  Its benefits, especially if the path to homeownership is achieved by establishing better money habits before buying, result in financial rewards throughout the year.

Before buying a home, first-time buyers should save for a down payment, raise one’s credit score, and figure out how much house they can actually afford.  To take the savings benefits one step further, first-time millennial buyers are urged to do a little research of their own to see what tax breaks are available that makes the home buying process a little more affordable.  

Keeping affordability in mind, the housing and financial industries have teamed up to offer resources that make the transition of renting to owning easier for first-time and millennial buyers. By anticipating some of the financial setbacks plaguing millennials, such as staggering student loan debt, the Federal Housing Administration (FHA) have changed the amount allowed to be financed and lowered some of the qualifications to attract young buyers.  I bought my house five days after my 24th birthday with an FHA loan.  This was the best move for me at that time because I was looking for a nice apartment when I came across a property that was priced so well I couldn’t miss out on the opportunity.  I hadn’t saved specifically for a home or better yet a traditional 20% down payment, but I did have enough to put down to secure an FHA loan and become a homeowner by age 24.

Homeownership is affordable, attainable, and provides financial advantages for those who choose this path over renting.  While millennials are changing the narrative of the American Dream, one thing still rings true. Homeownership is still a good way to achieve wealth in the United States and thanks to the financial advantages of homeownership, the dream is so much sweeter. She Makes Cents | Money, Career, & Lifestyle Blog for Goal Setting Millennial Women

Are you thinking about buying your first home and have questions about the homebuying process?  Leave your comment or question below and/or tweet me @shemakescents to have your question answered.