Tonya Rapley


Women of color are reaching great heights in the financial world. They are pathfinders for the younger generation to trend, especially black women. It resonates better when someone who looks like you smash similar goals that you desire to accomplish. Their financial achievement serves as encouragement that if they could meet their objective you sure can!

In a homogeneous industry and the so-called imposter syndrome that serves as a barrier, it is liberating to see female financial gurus break those barriers and stand as mentors for women majoring in finance.

On their social media handles, books, and communities these financial experts give inspiration, resources, and tips for improving money habits and gaining financial freedom.

Here are 11 female financial gurus you need to follow in 2023

  1. Raya Reaves

At her site ‘CityGirlSavings’ a lot of information is shared with women attempting an economic reset on their way to fiscal success.

She learned through her experience of facing eviction the importance of budgeting. From paying off thousands in credit card debt in under a year she quickly got to a million dollars in retirement savings.

Raya Reaves founded her website to empower and educate working-class women to obtain financial independence through money management system, budgeting, expenditure accountability, and debt payoff processes.

From DIY money mastery to individual coaching, you’ll discover several ways to obtain financial liberty with Reaves. There are blog posts, recommended reads, pinned posts, kits, guides, and freebies for you if funds are restricted. If you want further one-on-one guide she’ll develop a budget for you.

Reaves helps women business owners and offers a community for working with other women on your journey to breaking financial challenges for free.

Raya Reaves
Raya Reaves
  1. Lynnette Khalfani-Cox

Lynnette Khalfani-Cox is also known as ‘The Money Coach,’ who you might have seen in major media networks on television, or read her books like Zero Debt, New York Times bestsellers, The Ultimate Guide to Financial Freedom all over America.

She is a co-owner of the Money Coach LLC with her husband which was launched in 2003. Previously, Lynette, the ex-financial news journalist wrote for Associated Press, Wall Street Journal, Philadelphia Inquirer, and other media platforms.

Lynette with her co-founder provides courses and workshops on financial literacy subjects on their website ‘Ask the Money.’

Khalfani-Cox discusses her knowledge of numerous personal monetary topics on her blog and video-based program. The program covers improving credit, paying for college, lowering debt, saving, budgeting, entrepreneurship, securing mortgages,  and wealth generation.

Lynnette Khalfani-Cox
Lynnette Khalfani-Cox

3. Nimi Akinkugbe

She is the Chief Executive Officer and Founder of Bestman Games Ltd. She has 23 years of experience working with Stanbic IBTC Bank Plc.

Nimi is on a mission to empower people with financial security through her online platforms: Money Matters with Nimi, speaking engagements, Monopoly Board Games, her books, television, and radio appearances.

Her channels offers honest financial knowledge of understanding wealth management issues and personal finance that empower men and women to take responsibility for the money matters in their lives.

Female financial guru
Nimi Akinkugbe

4. Tonya Rapley

As a millennial money guru, Tony Rapley commits to matching the common millennial paycheck-to-paycheck process. She is a co-founder of the FinTech app and offers workshops for clients all over America.

Tonya Rapley
Tonya Rapley

5. Sola Adesakin

Sola Adesakin is an established Chartered Accountant with over 17 years of experience in SMEs and Personal finance. She is the CEO and Lead Coach of Smart Stewards.

Sola is a Conference/Seminar Speaker and Personal Finance Coach. Through the Smart Stewards Academy and her blog, she has assisted a lot of people to enjoy wealth and financial liberty.


Female financial guru


6. Jamila Souffrant

Jamila Souffrant is a personal finance expert that urges her followers to enjoy the journey of pursuing financial liberty. She moved from being a guest on Good Morning America (GMA) to feature in the New York Times. She teaches her audience to comprehend how peer pressure, mental health, and even family traditions, impact our financial processes

Jamila Souffrant
Jamila Souffrant

7. Reni Odetoyinbo

Reni is a  content creator, marketing consultant and finance enthusiast based in Toronto, Canada. She shares content centered around  resources around career development, lifestyle and financial literacy on her Youtube channel. After buying her first house at the age of 23, she decided to share her knowledge with others with the goal of helping  them become more financially literate and share tips to help them excel in their careers. From finance to career and lifestyle content, Reni’s aim is to make complex topics, simple.

Financial expert
Reni Odetoyinbo

8. Vanessa Ideh Adekoya

Vanessa has managed to turn YouTube into a lucrative business, and she is now teaching other women how to do it. In April 2020 she joined Youtube and started creating content around trending topics, and in June 2021, the certified financial education instructor (CFEI) and former accountant decided to start from scratch and build a brand-new channel called, Launch To Wealth.

The platform has now evolved into a goldmine, making Vanessa one of the top black Youtubers in the world. In November 2021, she made $23,700 from her YouTube channel in just five months of launching it, and her subscribers increased significantly. The inspiring financial coach has turned her hobby into a career, and she is reaping the fruit of her labour, hard work and tenacity. Vanessa

Vanessa Ideh Interview with Women of Rubies

9. Jennifer Awirigwe

Jennifer Awirigwe is a financial guru who has leveraged the social media space to discover the right community to serve. She is the founder of FinTribe and is also known as Financial Jennifer.

Awirigwe is out to increase the population of financial gurus by providing people with easy-to-understand guides on an individual’s financial management.

Through her online platform – FinTribe, Jennifer established a network for financial literacy for people in Nigeria by enabling them to discover the right information expected to invest wisely.

Female Financial Gurus
Jennifer Awirigwe

10. Clarissa the Budget Queen

Clarissa is one of the financial gurus who believe that no matter the money you make you should properly manage it.  She is popularly known by her fans as ‘The Money Coach,’ because she not only teaches but practices as she once paid off $43,000 in credit card debt in a year and 4 months.

Clarissa uses her Instagram account strategically to educate working-class women on how to manage, make, and multiply money so they can enjoy a good living.

Female financial gurus

11. Nicole Hatcher

Nicole Hatcher owns a community called the ‘Frugal Chic Life.’ She is on a mission to achieve financial liberty in over 10 years. She is sharing useful acquired knowledge with others along her journey.

Her mission is focused on debt elimination, spending wisely, investing, saving long-term, and still being ‘chic.’

Nicole offers free YouTube video trainings as well as courses and products on investing, one-on-one coaching, consultation sessions, side hustles, and budgeting. She is one of the amazing female financial gurus amking a difference.

Female Financial Gurus

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Black female authors are breaking boundaries and sterotype beliefs associated with personal finance.

The start of a new year is a great time to invest in yourself, and one of the best ways to do that is to increase your financial literacy. Money is a powerful tool that can be used to create generational wealth, build financial security for you and your family, and avoid the pitfalls of debt that so many of us fall victim to within the black community.

If you’re ready to begin the road to financial success but are unsure where to start, you’re in the right place! In this post, we’re sharing ten books authored by black women that bring a unique perspective to personal finance and provide valuable insights on budgeting, saving money, and investing wisely.

1. The Black Girl’s Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams By Paris Woods

Through a combination of personal stories and actionable advice, Woods provides a roadmap for Black women to gain financial freedom.

This book includes steps for women to take control of their money and build wealth. It also discusses managing money in relationships, increasing net worth, and building generational wealth.

2. Stripped: An African Woman’s Guide to Building  Generational Wealth by Solape Akinpelu


solape Akinpelu Stripped
black female authors

This book  is widely celebrated for its actionable strategies that support African women in building and managing generational wealth. The book serves to answer the burning questions and allay the commonest fears that most African women have when it comes to managing their money and building wealth. It also establishes the need for a mindset reorientation with practical guides and steps to guide African women in trans-generational wealth-building.


3. Get Good with Money by Tiffany the Budgetnista Aliche

This book covers investing, budgeting, debt repayment, and savings providing readers with the knowledge and tools to make informed financial decisions, create a budget, and understand their relationship with money through relatable stories and personal experiences.

black female authors

4. The One Week Budget by Tiffany the Budgetnista Aliche

This book offers a step-by-step plan to help you create a comprehensive budget tailored to your financial goals and needs in just one week.

With a straightforward approach, Aliche outlines the five steps to budgeting success: tracking, cutting, automating, increasing, and protecting. She provides detailed guidance on tracking expenses, cutting costs, automating payments, increasing income, and protecting your finances. The One Week Budget also includes helpful budgeting resources, tips, and exercises to help you stay motivated and on track.

4. We Should All Be Millionaires by Rachel Rodgers

In We Should All Be Millionaires, Rachel Rodgers encourages her readers to pursue financial freedom by making the most of their current resources and taking ownership of their lives.

black female authors

She argues that anyone can become a millionaire, no matter their financial situation, by taking control of their finances and using them to create a better future. Rodgers also outlines the steps to build a successful business, manage debt, and create wealth.

5. The Money Manual: A Practical Money Guide to Help You Succeed on Your Financial Journey By Tonya Rapley

This book is divided into three sections:
Building a Foundation: This section teaches the basics of financial literacy, including budgeting, saving, and planning.

Establishing Goals: This section focuses on creating and executing a plan to reach financial goals.

Taking Action: In the final section, you’ll learn how to make your financial goals a reality, including strategies for investing, debt management, and building wealth.

6. Financial Freedom for Black Women: A Girl’s Guide to Winning with Your Wealth, Career, Business, and Retiring Early —With Real Estate, Cryptocurrency, Side Hustles, Stock Market Investing, & More! by Brandie Brookes

This book addresses the unique challenges Black women face when trying to build wealth. It offers realistic advice on topics such as budgeting, investing, and building credit, as well as strategies for tackling debt and how to build generational wealth.

It also includes inspiring stories of successful Black women who have achieved financial freedom.

7. Clever Girl Finance: Ditch Debt, Save Money, and Build Wealth by Bola Sokunbi

This book is broken into three parts:

Money Mindset: Sokunbi discusses how to develop a positive relationship with money, including how to identify and change negative money thoughts and beliefs.

Get Control of Your Finances: This section focuses on money management, from budgeting and tracking expenses to setting financial goals and building an emergency fund.

Get Rich: This section covers strategies to grow wealth, such as investing, starting a side hustle, and building passive income streams.

Sokunbi also provides actionable advice, inspiring stories, and personal anecdotes to help her readers gain financial freedom.

8. Fearless Finances: A Timeless Guide to Building Wealth by Cassandra Cummings

This book covers budgeting, saving, investing, debt management, insurance, and retirement planning.

Cummings provides clear instructions and strategies to help you make smart financial decisions, overcome your fears around money, build a legacy of wealth, and achieve long-term financial security.

We hope these black female authors will inspire you to take your finances seriously this year.

Source: baucemag.com