Investing Tips for the Millennial woman

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Our 20s are hard, but being in your 30s presents a whole new set of challenges. Women in their 30s are expected to achieve more and therefore, they find themselves going down life paths differently. The great thing is, your 30s bring a greater level of self-awareness and since rethinking about the future tends to take a centre stage for most, this is the perfect time to choose the best investment opportunities. 

We’ve all heard the stereotypes: Women are shopaholics racking up credit card charges to add one more pair of shoes to an already overflowing closet, while men bring home the bacon and are savvy investors that understand how to manage money and take advantage of opportunities. These clichéd images have overtime been reinforced by the media and popular culture.

When it comes to investing, a number of studies have revealed that men and women invest differently. Gender differences in investment approach, perspective and experience can enhance long-term investing success. Women have been classified as being less confident, not keen on investing in the stock market and massive spenders. Whilst on the other hand, the same women can be seen as being more open to seeking guidance, more patient and a trend has been seen on millennial women who are investing more than their predecessor. Well, to the millennial women in their 30s who are seeking to change the narrative this year and START, here are a few tips on investing:

Before going big on investment:

1. Educate Yourself

Before diving into strategies that claim to give you a better financial future, carve out some time to learn about money management and investments.

2. Set Clear Financial Goals

If you don’t have a set goal to work towards, it can be hard to find the passion or drive to save. Whether it’s a house you’ve been eyeing or your retirement, carefully defining these goals and figuring out how much you’ll need to save can help you craft a better plan for getting there. 

3. Make a budget and stick to it. 

The first step is to gather all your bills and pay remains, then plan your budget for the month according to your income and your expenses. 

4. Save for Retirement:  

Let’s get real, we are all getting old, why not start saving now so that we are not drowned in worry later!

5. Avoid Consumer Debt

Some debt like mortgages and student loans are OK to take on if they fit in with your overall budget. In a consumer-driven society, it’s incredibly easy to live beyond your means; a good rule of thumb is to try and save at least 15% of your income  and always spend less than you make.

6. Use Missteps to Help You Learn and Grow

As the famous saying goes, experience is the best teacher. Instead of being ashamed of past financial missteps, learn from them and make better decisions.

7. Put Your Savings on Autopilot

Have your savings contributions automatically deducted from your paycheck and/or direct deposit into an investment account. If you put money aside before you even see it, you’ll tend to not miss it.

8. Always Take Free Money:

You should never turn down free money—your nest egg will grow faster, if your employers march a percentage of your benefit contribution, take it up sis!

9. Don’t Let the Financial World Intimidate You

A good percentage of personal finance is not financial education, but financial behaviour. If you can modify your behaviour with your finances, you can modify your financial future. 

Contrary to popular belief you don’t need to be a financial expert to start investing, budgeting or preparing for emergencies. All you really need to do is work on building a solid plan and committing to it. As the American poet Carl Sandburg said, “Money is power, freedom, a cushion, the root of all evil, the sum of blessings.”

Have an investmentfull year! 

Winner Ezekiel: Millennials Need to Give Themselves a Chance

Winner Ezekiel is a certified speaker, author and business trainer who is really passionate about helping millennial entrepreneurs build influence, grow their business and multiply their income.

She got on this path when she lost her dad at age 17. It was a really trying period for her family and she realized how bad it was to be so dependent on someone because her dad was their strong foundation.

It took a while for her family to bounce back and so she decided to help other people, especially millennial’s, be truly independent whether it be from a husband, a job, a wife or anything that can rock their foundation once it’s gone.

What are the top 3 tips millennial’s going into business need, to get started effectively?

Any Millennial that aspires to go into business must first be very sure about what exactly they want to do. It is important to not just start a business because it is the “thing” that is happening everywhere. You need to start with a ‘WHY’.

Secondly, you need to be well grounded in your field of interest. This includes thoroughly carrying out research on that area of interest in order to understand it well.

Finally, getting a coach is quite important. Coaches are your short-cut to business growth and success. Get someone that has done what you want to do and get associated with them as soon as possible.

What do you wish more millennials knew about the changing marketplace?

The marketplace is changing every single day, week, month and year. It’s very important for millennial’s to always follow the trends in order to build a profitable business. They shouldn’t just take the old route of marketing their business but should focus on automating and installing profitable funnels that work.

They can also make more sales through building personal brands that connect with their audience. This could be through funnels and systems that help them connect or offering incentives that build their audience. It is important to build a community of people who can grow your business.

Getting a coach is important. Coaches are your short-cut to business growth and success Click To Tweet

Are there challenges you encounter while dealing with millennial’s?

Some of them are not ready to give themselves a chance. They always want to seek the opinions of their friends or their spouse before they can make a decision that can most likely change their lives.

Yet when they do seek this information, some millennial’s fail to take action on it because of reasons such as laziness or quitting too soon.

What is your top tip for changing mindsets and escaping limiting beliefs?

My top tip for changing mindsets and escaping a limiting mindset is very practical. First, get a book or diary, write out all the limiting beliefs that you have heard or you have told yourself. Then after that, write out 3 reasons why they are not true.

Read these reasons to yourself every morning and every night and visualize it and believe it. You get anything you want by following this process and you transform your life as far as your mind is fixated on that particular outcome.

How can young millennial women balance not being too forward?

Research has shown that women have more successful businesses than men. This is because while men have sight, women have insight.

It’s so common for a woman to shy away from putting herself out there because of what society will say or what her family will say. But the thing is, women have the innate potential to be more powerful than they take credit for. My single mother raised her children single-handedly with what she made.

Every woman should gradually but surely forget about what society will say and just put themselves out there. It could be through joining a trending conversation about women, lending their thoughts on problems in the society.

As women embrace this process, balance is being created and women get more confident and empowered to contribute more to the society instead of shying away from it.

Do you have any tips for millennials you would like to share with She Leads Africa? Let us know more here.

Nomvelo Chalumbira: There are endless possibilities available to millennials now than there previously were

‘Lazy…entitled…’? Enough with the name calling!

Because some bold young ladies are challenging the way some describe millennials, and Africa is already celebrating their work!

Nomvelo Chalumbira, 23, recently graduated from Wits University where she studied journalism and is currently interning at Reuters Africa.

She is also the co-founder of Melenial Media, a digital-content platform created by two young black women, for young black women, with the aim of empowering them and supporting the great work they are doing in different spheres of society.  

What started as a blog is growing into a great media brand, and with a prestigious award already on their shelf, we thought we should get into the psyche of this aspiring media mogul, and also asked her to share some of her work with us.

What made you decide to start early, co-founding Melenial Media while still studying?

I wasn’t entirely sure what I wanted to do after university and felt that my degree had not prepared me for the job market, but I was always interested in media, and after doing a blog with my friends for a year, I wanted to start something that represented me and other black millennial women.

My passion was to be a part of the change of the media landscape in South Africa and not rely on building a career at already-established media companies.

In my third year, my current partner and I saw a huge gap in the market of voices of millennial women of color, and thus Melenial Media was founded.

There is no set path to success Click To Tweet







Millennials have been called many (not so great) names, such as ‘the Me, Me, Me Generation”, as expressed in an article by a reputable magazine. What are your thoughts about this?

Times are very different and things are being done very differently. Many traditional industries have been disrupted and altered to suit the needs of the current generation.

For instance, the media industry is becoming more digital and fast-paced. We must all keep up with the new.

As an article in the Atlantic put it very well, “every generation has been a me, me, me generation”, so what is new?

How did you go from blogging to having an award winning media brand? What drives you as an entrepreneur?

It hasn’t been easy! Building a business has taught me discipline and perseverance, especially juggling studying full-time and doing Melenial. But, I absolutely love what I do and having the privilege to do what I love every day is a great blessing.

That has helped me get through the tough times, knowing that the reward is sweeter than the sweat. We try our best to be consistent and put out the best content.

Entrepreneurship is challenging but I have a great family support system. What’s even more exciting is being able to be a part of the advancement and empowerment of black women.

Please share some of your photojournalism work with us:


More Than a Barcode: Like identity, our sense of place is fluid; it changes as the place changes and as we change. One’s sense of place becomes part of their identity, and one’s identity affects the ways we define and experience a place. Therefore in the construction of identities, part of what one does is to instill place with meaning by attaching memories and experiences to the place.


Serene yet Strong: Mammy Setshogo fulfilling her regular duties of looking after and running a tavern household in Soweto. Here she is washing the household’s clothes and she looks serene, regal, strong and beautiful whilst doing a mundane chore.




How does Melenial Media aim to empower millennials and change such narratives about them?

Melenial Media showcases a diverse range of women doing great things in their respective fields. We are breaking down the stereotype and notion that there is one type of black woman.

The content you find on our site is interesting, fresh and relatable – not only to millennials but to any generation. We showcase that there is no set path to success.

Melenial Media shows that anything is possible if you believe enough in your vision.

We are breaking down the stereotype and notion that there is one type of black woman - @nomvelo_c Click To Tweet

From the work you have done so far with millennials, what potential do you think they have to make Africa even greater?

There are endless possibilities available to Millennials than there previously were. This makes the potential to do great things even greater.

With information, access, and opportunities available at our fingertips, millennials are creating their own opportunities and path.

Africa is a wealthy goldmine of opportunities and it’s all about seizing the moment and just going for it. And that is exactly what millennials are doing. They are not afraid to take a chance and create their own realities that suit them.

Africa is a wealthy goldmine of opportunities and it’s all about seizing the moment and just going for it. Click To Tweet

You won the ‘2016 Top Youth Culture Blog in Africa’ award in such a short space of time. What does the award mean to you and Melenial Media?

It was a humbling milestone to have reached in such a short time. It has made us realize that we are creating a sustainable business that is making a difference and contributing positively to society.

What we have created is something quite relevant in the current South African media landscape. We have started something unique, which I am extremely proud of.

...anything is possible if you believe enough in your vision. Click To Tweet

Got an article or a story to share with us? Share your story with us here.

Soila Kenya: My experience surviving as a Millennial in the workplace

Millennial. Ugh, I hate that word.

But you know what? It’s what I am. I am a person coming to young adulthood in the early 21st century. However, the reason I feel ashamed to be related to this group is all the media-bashing toward us.

In fact, in 2013, Time Magazine ran a cover story entitled ‘Millennials: The Me Me Me Generation’, and if you Google “millennials”, you will come across several negative articles citing our failings.

Well, in the last quarter of 2017, I got a job at Code for Africa, a non-profit organization.

Admittedly, I work with a young group of people, but nevertheless, work is work and at the end of the day I had to deliver results.

Here are a few things I learned about meeting work expectations, even while being the part of the ‘lazy’ ‘self-centered’ generation.

It’s time to drop the negative connotations associated with the millennial generation Click To Tweet

Get rid of distractions

The world is going paperless. And so it is at work, you will be on your laptop throughout. But not only will you have access to your email accounts and work-related Google docs, but also Twitter, Facebook, Instagram, and the bottomless pit called Google search engine.

It is difficult to get anything done within the work day if you cannot regulate your usage of these time-consuming apps. From my experience, it is best to close all tabs except those ones you are using to get your work done and refrain from opening any leisure related apps with your laptop.

Instead, set a goal to only use your phone for social media, as it is way more obvious for everyone to tell you are not concentrating on your work if you are tapping away on your phone.


Work in small bursts of focused concentration

This goes hand in hand with distractions. To ease you into the idea of concentrating solely on work, work in small bursts of 20 – 30 minutes.

Pick a small task and aim to finish it within that time. Then reward yourself with a check-up on your WhatsApp or use the time to go grab a cup of coffee. Then pick another task and repeat.

At midday, take an hour off your desk and go grab lunch preferably outside your work building. I found that you get a rejuvenating boost once you are away from your work for a while and will get more done when you come back as your mind is refreshed.


Respect co-workers

We all have different personalities and as millennials, you are already walking in with several perceptions hanging over your head like Damocles’ sword.

Try and keep an open mind and ignore all past stereotypes that may or may not exist.

Remember, you’re all there to get the job done. Focus on that. Give proper respect to all your colleagues and you will slowly earn it back too. People respect other people who are cordial and are focused on their common goals.

Always think of ways you can be helpful and do all your assignments with as much detail as possible. The trick is to be consistently reliable.


Set a daily routine

A routine will help your body adjust to your schedule and therefore, you’ll be able to get more done. Have a standard wake-up time, which should be early enough to give you enough free time to do some light exercise.

Working out in the morning is the best option as it clears your mind and instills the discipline that will seep into all sectors of your life. Whether it’s a busy week at work or not, stick to this schedule. This will lend to your overall amount of energy throughout the day.


Ask when not sure about something

There’s a time to pretend you know how to get the job done then go figure it out later. This is not it.

Under tight deadlines and situations where you are working with others, let go of your pride/ego/millennial ‘wokeness’ and simply ask for help on how to carry out certain tasks.

You’ll get it done quickly without wasting time asking Uncle Google.

Whether you’re an intern, a fellow, a full-time working employee and you happen to fall into the millennial bracket, it’s time to drop the negative connotations associated with the generation and prove that we can work just as good as anyone else.

If you’d like to share your story with She Leads Africa, let us know more about you and your story here

Why 20 somethings ought to experiment


If you’re in your twenties, you’ve been deemed a “millennial”, and likely to be underemployed, over-educated, entitled, not-so-recent college grad possibly living (or soon to be) with your parents.

Whether or not you subscribe to the mainstream definition of a “millennial”, the one defining attribute virtually all twenty-somethings have is that we’re constantly seeking to transform the world around us because we’ve been thrust into an unpredictable, and sometimes unforgiving, economic environment.

From a cultural perspective, millennials crave spontaneity and thrive off adventure. We love to connect and are incredibly collaborative. We seek authenticity in all forms, aiming for a world more compassionate, innovative, and sustainable. As such, we invest deeply in our personal and intellectual development.

Any college grad knows they’ll be scavenging for jobs and internships at one of the bleakest times in economic history. So, the question is how how do you navigate this treacherous, foreign landscape known as the job market.

Well, I’ve got the solution for you.

Recently, numerous developmental programs are popping up to bridge the gap between what millennials have to offer and what top companies desire from prospective new employees. Say hello to your new best friend, Experiential Learning. Experiential learning enables young millennials to acquire marketable knowledge from direct, hands-on experiences outside of the typical academic structure.

It can manifest itself in many ways: internships, mentorships, service learning, scholarly research, job shadowing, international excursions, and other creative, professional work experiences. A well-established, supportive experiential learning program can enrich academic inquiry through promoting career discovery, sociocultural awareness, interdisciplinary learning, leadership, and other professional skills. HINT: these skills are currently hot commodities in the job hunt and can get you that much closer to that dream job.

A few tips on how to optimize these experimental programs:

Tip #1 To know yourself is to know all else

It’s imperative to possess a level of introspection with every cause or initiative you tackle. Be thoughtful, be passionate when reflecting on personal or professional experiences that have shaped your  life. Translate these experiences into key reasons why you’re committing to a developmental experience program.

Introspection isn’t just about positive reinforcement, so don’t go easy on yourself. You also need to be your best and worst critic. Truly know yourself!  Know where you stand in life currently, know where you want to be in the future, and know what it will take to make it happen. Do not be a dreamer but a doer. Once you’ve got a handle on who you are as an individual, you’ll simultaneously realize what your life’s mission is.

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Tip #2 – Stay Classy. Stay Polished. Stay on top (of the resume pile)

Now that you “know yourself”,  put it all on paper. Here’s a quick note on drafting applications for experimental programs or direct jobs/internships because no one likes a bland application. Even a standard, lukewarm application will get you axed from further consideration. Remember, hiring committees are looking to select a group of talented, qualified individuals. So, your application should stand out in a loud crowd.

Most top companies boast offer rates between 1-15% these days. Yep, it really is that hard! Hiring committees initially try to “clear the applicant pool”, meaning they try to find quick easy ways to reject applicants. Avoid being thrown into the reject pile by following standard application instructions for these positions. It may seem simple, but things like numerous grammatical errors, lack of company knowledge, or lack of drive and interest are magnified in an application. Don’t be “that” person.

A good resume will highlight brief education, work experience, leadership, and any skills or interests if you have them. Normally, it won’t go over one-page. A great resume won’t just have all these elements, but will also quantify them. How do you quantify? You speak to your accomplishments and challenges by providing measurable results. So, quantify, quantify, quantify!

Tip #3 – Don’t do all the talking. Have others do it for you!

The best evidence of your work ethic and character won’t come from you. Let’s face it, if it did, we’d all give ourselves amazing recommendations. What will be most compelling will be the commentary coming from those who know you on a personal and professional level. Do you have advisors, former supervisors, professors, or connected friends? If not, you probably want to get on that ASAP!

These people will account for a significant amount of the knowledge and guidance you gain along your career journey. Additionally, experiential learning programs, jobs, internships, and graduate schools will require that you have two to three reference from these types of individuals. Having a tight circle of knowledgeable mentor figures can further your own narrative in your application.

Armed with these tips, it is important to note that there are organizations and institutions there to help you along the way. These accelerators’ mission is to help you lift off; use them.

These 16 programs are helpful for everyone, especially for racial and social economically diverse students.

Pre-MBA programs

1. Harvard Business School Summer Venture in Management Program

2. Yale School of Management, Global Pre-MBA Leadership Program

3. Dartmouth Tuck Business Bridge Program

4. Stanford Graduate School of Business, Summer Institute of General Management

Career development – Business


6. Management Leadership for Tomorrow (MLT)

7. Sponsors for Educational Opportunity (SEO), Internship Placement in Finance industry

Career Development – Media and Entertainment

8. Howard Foundation

9. Emma Bowen Foundation

Career development – Technology


11. CODE 2040

12. Black Girls Can Code

Career development – Government and Public Service

13. The Congressional Black Caucus Foundation

14. The Charles B. Rangel International affairs Program

15. Public Policy and International Affairs Program (PPIA),

16. She Leads Africa (SLA), SheHive and SLA Courses

There you have it! Now, you’re officially prepared to take ownership of your own career, at least in your 20s.