In the third episode of Fair Shares, a podcast from the Washington Post Creative Group and MassMutual about helping smart women plan a better financial future, host Bola Sokunbi — a financial education instructor and the CEO of Clever Girl Finance — joins a mother getting back on her feet while also prioritizing her family.
Sokunbi talks with Asia, who was shaken emotionally and financially in 2020 by the first days of lockdown.Three months after moving to New York for a new job in executive events, she was laid off and suddenly found herself in charge of taking care of her son at home. Without a rainy day fund saved to cover expenses, Asia unexpectedly had to take her family finances into her own hands. Sokunbi helps Asia work through this abrupt transition — and provides her with actionable tips to re-find her footing, including ways to keep funding her retirement while also building up an emergency savings account.
Show notes:
- Learn more about 401(k)and retirement strategies here: https://www.massmutual.com/cm/what-is-a-401k.
- Just like Asia, you can start saving for your future. Learn more about the difference between an IRA and a Roth IRA here: https://www.massmutual.com/retirement/individual-retirement-accounts.
- Learn about annual retirement contribution limits here: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits.
- Learn more about how working with a financial professional can help you reach your goals here: https://financialprofessionals.massmutual.com/.