Empowering women to be financially great with Dava Davin
We’re thrilled and honored to have HousingWire 2020 Woman of Influence Dava Davin on Girlfunds this week. In this episode, she not only shares her amazing insight and wisdom on the home-buying market but also on how to teach kids about finances and the joys of being an empty nester.
Davin founded Portside Real Estate in 2012 in Maine with a passion to make a difference. Now, eight years later, Davin has turned that dream into the fifth-largest real estate company in the state and the largest one that is solely female-owned. During this Girlfunds episode, we discuss everything from Davin’s best financial tip to her No. 1 piece of advice to people starting the home-buying process.
Girlfunds takeaway tip from Dava Davin:
I got some good advice early on. For my first job out of college, I worked for Citicorp, and I went to a lunch-and-learn about 401(k)s. And, for all our Gen Z and Millennials listening, youth has a huge advantage for building wealth. You can really maximize that compound interest. So, what I got out of that for me was that I have to max out my 401(k) no matter what. So, I went without in order to do that. And if that’s not available to everyone, at least contribute to what your company matches if they match it because the match is free money that really compounds over time.
Join the two best friends who met as financial journalists at HousingWire, Brena Nath, a twenty-something forever renter with her husband and two pups, and Sarah Wheeler, an empty nester on her third home, every week for our girls night focused on everything from affording your best friend’s wedding to how to turn your side hustle into your main hustle. Each week, Girlfunds will have a special guest join us as we intertwine finance and friendship. And don’t worry, you don’t have to have your finances all together to join our girls nights. We’re all in this together to learn – women supporting women – and in the words of our producer, so we can all be #confidentqueens.