The strengths that translate
| |  | | May 9, 2025 | | | | | | | | Why Moms Should Be Successful Investors | By Lora Shinn
Most of us moms would rank patience, discipline and consistency as among the most important traits of a good mother. We know that the terrible twos eventually end, screentime is earned, and dinner and bedtime routines are important.
But guess where else these qualities shine? When we're investing our money.
Those were the three strengths valued most by 1,200 women investors Charles Schwab surveyed earlier this year. - Patience helps them wait for their investments to grow.
- Discipline enables them to stick to a plan and avoid emotional or impulsive decisions.
- Consistency ensures they invest money regularly to build their portfolio over time.
Of course, the survey didn't differentiate between mothers and non-mothers, so there's no reason to think these strengths are exclusive to parents. But you have to wonder how much motherhood might prepare women for investing their money, and conversely, how much investing might prime them to be good moms. | | | | | | |   | | The Fed's May Statement: No Preemptive Moves | By looking at the Federal Reserve's May meeting statement, you'd think not much had happened since the prior meeting.
The statement noted that economic activity expanded at a solid pace, the unemployment rate had stabilized at a low level, and inflation remained somewhat elevated.
With no official update to the central bank's official economic projections, arguably the most important update in the statement was the declaration that uncertainty on the outlook had increased further, and the risks of higher unemployment and higher inflation (aka stagflation) have risen.
For now, it appears investors think labor market and growth concerns will take precedence over inflation. Here's what that could mean.
Read more | | | | | | | | 63 points | That's how much credit scores fell, on average, among federal student loan borrowers who defaulted on their loans this year, according to a new analysis by the credit bureau TransUnion.
A default impacted borrowers with better credit scores far more than those with lower scores, the analysis showed. On average, "superprime" borrowers lost 175 points, and "subprime" borrowers, 42 points.
This year is the first time since the pandemic that falling behind on federal student loan payments counts against someone's credit score. And this week the Education Department resumed debt collection efforts against defaulted borrowers. (Note: Typically default status is assigned once a borrower is 270 days overdue on payments, but the Education Department said collections are resuming on borrowers who are 360 days overdue.)
Check out SoFi's student debt guide to keep up with the latest on federal student loans. | | | | | |  | | GOP lawmakers want to overhaul the federal student loan system. Will more people use private student loans if it passes? (Yahoo Finance) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
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