Healing Black Women
Menu

WELCOME TO our blog

If you would like to be a 2025 Guest Contributor, send your article less than 700 words to [email protected]. Focus areas include: mental health, physical health, financial wellness, self-care, stress management for black women. Word document or PDF only. Subject to approval by Editor.

Journey To Financial Wellness

5/14/2021

1 Comment

 

Cyntria Oliver, MBA

Financial Wellness Associate 

Picture
​What does it mean to have financial wellness? Financial stability? Financial freedom? Every one has their own ideas about each of the phrases. Get your financial house in order!!! 
I can remember growing up, I wanted to be rich.  I built a timeline of when and how I was going to reach my goal to become rich.  I did not understand the concept of anything involving finance. I knew I wanted my own money.
 
Before my freshman year in college, my parents gave me $1500 and told me not to spend it all in one place.  I thought “wow, I have my own money to do what I want!”  What my parents didn’t tell me was that I would encounter a large amount of debt my first year in college. Student loans, credit cards, etc. I was in debt before graduating college.  At 18, I had no idea what I was setting myself up for in the future.
 
It wasn’t until after I graduated college that I realized that the debt I created could and would affect all that I was hoping to accomplish.  After college I went back home, with hopes of moving out on my own and starting a full time job. My credit score was in the 300’s! 
 
Not having a real plan, I began to take inventory of the debt I created.  I started with the smallest debt, progressed to the largest and made arrangements to pay off my debt.  After 6 months, I could finally feel good about my situation and made plans to move out of my parent’s house into my own apartment; however, plans changed.
 
I was expecting the birth of my daughter and had to make some financial adjustments quick.  I started saving as much money as I possibly could, putting away $25-$50 each pay period. After a short period of time and through perseverance, I had enough money saved for the deposit requirement and moved into my own apartment.  Before my daughter was born, I started a 401k plan with my current employer.  Saving money for my future and my daughter’s future was and still is very important to me. 
 
It is never too late to start building wealth for the time of retirement.  The four principles that I used to get me started me toward financial freedom are listed below.
  1. Create a budget
  2. Pay your bills using online bill pay
  3. Sell what you don’t use or wear
  4. Set-up an online savings account.

As you continue on the journey to financial freedom and stability, always remember there may be obstacles which occur in your life that is out of your control, but continue to follow your plan that you have established. 
Picture

​Cyntria Oliver, MBA 

​A wife of 10yrs to the love of my life, and proud mother to an 18yr old daughter. A proud member of Zeta Phi Beta Sorority, Inc., in which I have dedicated my time and financial expertise to the Financial Secretary role for my local chapter. As well as my current role as the chapter Parliamentarian. I have worked in the financial industry for over 17 years and have held several roles; from Licensed Banker to Branch Manager to Women’s Business Advocate, just to name a few. My goal/aspiration is to become financially free from all debt and create wealth for my family and all those I encounter; leaving behind a legacy for my daughter to continue. I love spending time with close friends and family

1 Comment
liana link
12/31/2024 01:29:42 am

thanks for info.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    Healing Black Women

    is a safe space designed to encourage and promote all forms of wellness and healing for black women. 

    Category 

    All
    Financial Wellness
    Grief
    Guest Articles
    Mental Health
    Personal Stories
    Physical & Holistic Health
    Relationships
    Self Care

The content for Healing Black Women is not intended to be a substitute for professional medical advice, diagnosis, or treatment, and does not constitute medical or other professional advice. In addition, the views and opinions expressed in panel discussions are those of the panelists and do not necessarily reflect the official policy or position of Healing Black Women, Healing Black Women's Founder, or Healing Black Women's Contributors. See full disclaimer HERE
Picture
Site powered by CD GLOBAL CONTRACTING LLC
  • Home
  • THE TEAM
  • WATCH CONFERENCE
  • 2025 GROUPS
  • HBW PODCAST
  • BLOG ARTICLES
    • MENTAL HEALTH
    • SELF CARE
    • PHYSICAL & HOLISTIC
    • FINANCIAL HEALTH
    • RELATIONSHIPS
    • GRIEF
  • REQUEST SPEAKER
  • AWARD WINNERS
  • VIDEOS/PANELS
    • INTERVIEWS
    • LGBTQ+
    • LIFE COACHING
    • MENTAL HEALTH
    • SPIRITUAL WELLNESS
  • CONTACT US
  • Home
  • THE TEAM
  • WATCH CONFERENCE
  • 2025 GROUPS
  • HBW PODCAST
  • BLOG ARTICLES
    • MENTAL HEALTH
    • SELF CARE
    • PHYSICAL & HOLISTIC
    • FINANCIAL HEALTH
    • RELATIONSHIPS
    • GRIEF
  • REQUEST SPEAKER
  • AWARD WINNERS
  • VIDEOS/PANELS
    • INTERVIEWS
    • LGBTQ+
    • LIFE COACHING
    • MENTAL HEALTH
    • SPIRITUAL WELLNESS
  • CONTACT US