374: Why $10K in Savings Is a Game-Changer for Women and Their Wealth Journey

The Clever Girls Know Podcast

Bola Sokunbi

Education, Business, Entrepreneurship, Self-improvement, How To

4.8 • 898 Ratings

🗓️ 24 June 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this podcast episode, Lissa Lumutenga joins us to discuss the importance of aiming to save your first $10,000.

Lissa Lumutenga, CFP®, AFC®, is a personal finance expert, content creator, and founder of Wealth for Women of Color. After a decade working at Google and YouTube, she now focuses on making financial education more accessible and empowering women of color to build wealth.

Her approachable, inclusive way of talking about money has built a strong and engaged community online. Lissa was raised in Salinas, California, by her Filipino immigrant parents and currently resides in Los Angeles. She’s passionate about lifelong learning, sharing knowledge, and helping others create the financial freedom they deserve.

WHAT LISSA DISCUSSED:

The inspiration behind starting Wealth for Women of Color and the mission to empower women of color to build wealth.
The significance of the $10K savings milestone and why it’s such a powerful financial goal.
Mindset shifts and strategies that can help someone save $10K, especially when that goal feels out of reach.
How reaching the $10K mark can boost financial confidence and create a sense of security.
Common financial blocks experienced by women of color and ways to work through them.
How upbringing and cultural background influenced her personal money journey.
Practical tips for building savings without feeling deprived.
Lessons learned from working at Google and YouTube and how they now inform her work in financial education.

AND SO MUCH MORE

HOW TO KEEP UP WITH LISSA:

On her website: https://wealthforwomenofcolor.com/
Via her podcast: https://www.youtube.com/@NetNetPodcast
On YouTube: https://youtube.com/@wealthforwomenofcolor/
On TikTok: https://www.tiktok.com/@wealthforwomenofcolor
On Instagram: https://instagram.com/wealthforwomenofcolor
Free financial coaching: https://Savvyladies.org

❤ Subscribe to the Clever Girl Finance newsletter for weekly motiviation: clevergirlfinance.com/subscribe

❤ Get the best-selling Clever Girl Finance Books: clevergirlfinance.com/books

❤ Get access to 30+ free courses, worksheets, savings challenges, and our favorite banking resources: clevergirlfinance.com/course-packages

❤ Read the Clever Girl Finance Blog: clevergirlfinance.com/blog

❤ Follow us on Instagram: instagram.com/clevergirlfinance

Transcript

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0:00.0	Hello everyone and welcome to the Clever Girls Know podcast. This is Bola Shokombi. I'm the founder and CEO of Clever Girl Finance. The Clever Girls No podcast is a podcast for women offering a space for conversations around personal finance, business, life, and living. I'd love for you to subscribe to this podcast,
0:23.9	and you can do that everywhere you listen to your podcast episodes.
0:26.2	And if you love what you're listening to,
0:30.9	be sure to leave a review so that other amazing women just like you can find this podcast too.
0:36.4	Also, don't forget to stop by Clevergirlfinance.com forward slash subscribe and sign up for our weekly newsletter.
0:39.4	It's a great way to get motivation and accountability sent straight to your inbox as you work
0:44.0	on achieving your financial goals. We also have over 30 plus completely free courses to help you
0:49.8	on your financial journey. And if you haven't already, check out our YouTube channel.
0:54.7	Just search Clever Girl Finance on YouTube.
0:57.9	You can also find us on Instagram at Clever Girl Finance.
1:01.5	Okay, let's get into today's episode.
1:05.2	Hi, Lisa.
1:06.2	Welcome to the Clever Girls No Podcast.
1:08.2	Hello, thank you for having me.
1:10.7	It is so nice to have you on.
1:13.1	You're going to be sharing with us why $10,000 in savings is a game changer for women and their wealth
1:19.0	journey. And I found you on YouTube. You have such an awesome YouTube channel, wealth for women of
1:25.8	color. And I was like, I just have to have you as a guest on the podcast.
1:29.3	So thank you so much for agreeing to be here.
1:31.4	Yes.
1:32.0	But before we dive and please tell everyone who you are and what you do.
1:36.3	Yes, my name is Lisa Lumatanga.
	...

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