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Practical Money-Saving Tips for the Financial Feminist

July 17, 2023

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Do you ever wish you were taught more about how to handle your finances in grade school?! Me too… but it’s better late than never to get educated, and today we are going to learn what our teachers didn’t tell us by my guest today: an internationally-recognized money and career expert, and podcast host!

After saving $100,000 at age 25, Tori Dunlap quit her corporate job in marketing and founded Her First $100K to fight financial inequality by giving women actionable resources to better their money.

Since then, she has helped over 3 MILLION women negotiate salary, pay off debt, build savings, and invest. Yea… she’s the real deal!

Author of the instant New York Times bestselling book “Financial Feminist”; host of the #1 Business Podcast, Financial Feminist; a Forbes 30 Under 30 honoree; and co-creator of Treasury, an investing education platform that has over $40M invested (featured on New York Times Business front page), Tori’s work has been featured on Good Morning America, the Today Show, the New York Times, CNN, BBC and more. 

Tori now travels the world writing and speaking about personal finance, online businesses, and confidence for women and I’m honored to have her on the show today to teach us how we can overcome our money fears, practical tips for saving and investing, and exactly what financial feminism means to her.

Money Provides Options

Something I love about Tori is her passion for empowering women to feel financially confident. She adamantly challenges the notion that women are frivolous spenders responsible for the wealth gap, and consistently emphasizes that women CAN be financially savvy!

Tori believes that financial empowerment for women goes beyond personal finance. It encompasses the power to travel, leave toxic jobs, donate to important causes, and ultimately change the world. She encourages women to view money as a tool for creating the life they desire, rather than being controlled by it.

Throughout the podcast, Tori emphasizes the importance of finding a supportive community that shares similar goals and aspirations as your options expand along with your wealth. As women’s goals grow bigger, it becomes essential to surround oneself with individuals who understand and can navigate the challenges that come with success.

Money is Not Inherently “Bad”

People often believe that financial success will automatically lead to their happiness. Tori argues that this is not always the case and that money alone does not guarantee fulfillment.

Tori believes that the pursuit of wealth is not a bad thing, as it provides individuals with options and opportunities. She envisions a world where money is not a barrier for marginalized groups, and where financial stability and success are accessible to everyone.

Tori encourages women, people of color, and members of marginalized communities to unabashedly pursue wealth and use it as a tool for positive change.

Tori’s Financial Literacy Tips

Financial literacy is essential to understand your numbers and take control of your financial situation. Here are Tori’s best financial literacy tips for the financial feminist:

  1. Be aware of both personal and business expenses. By tracking and analyzing these expenses, we can identify areas where we can cut back and save money. Tori encourages us to determine the minimum amount of money we need to sustain our lifestyle, as this can help us prioritize spending and make smarter financial choices.
  2. Manage money with strategic planning. In our conversation, Tori also highlights the significance of knowing and understanding the ebbs and flows of business. By having experience and making strategic decisions, we as business owners can anticipate our monthly, quarterly, and yearly earnings, which allows us to plan ahead and make necessary adjustments to ensure financial stability. Tori mentions that she knows roughly how much her business will make in the future, not because she can see into the future, but because she understands the patterns and trends of her business.
  3. Have a business emergency fund. Tori teaches that just as we have personal emergency funds for unexpected expenses, businesses should have reserves to cover rough months or unexpected events. By setting aside money from more profitable months, we as business owners can ensure the sustainability of their operations and mitigate financial risks.
  4. Diversify income for financial security. Tori believes that relying on a single source of income is too close to zero for comfort and can leave individuals vulnerable to financial instability. She started with a single stream of income and gradually expanded to multiple revenue streams, which allowed her to become a millionaire by age 27!
  5. Put your money to work. Tori is a BIG fan of investing, and encourages us to consider options such as Roth IRAs and 401Ks to grow their wealth over time. By investing wisely, we can generate passive income and build a strong financial foundation for the future. (Can I get an Amen?!)

If you loved this episode with Tori Dunlap as much as I did, connect with her on Instagram and her website. Next, join Stock Market School, and soon you’ll be on your way to making your first 100k!


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  1. Olivia says:

    I think Dunlap’s work with “Her First $100K” is an excellent resource for women who want to take control of their finances and achieve financial independence. thanks for sharing this .

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