Supporting homeownership with Citi leaders

We are teaming up with our sponsor, Citi, to bring you this episode of Girlfunds. We’re excited to have two amazing guests join us from Citi this week: we have Larissa Longchamp and Desireé Rideaux, and each is vice president, strategic markets business development officer.

During the episode, Longchamp and Rideaux talk about their best piece of financial advice, define what community lending is and share some common misconceptions around programs designed to help low-to-moderate-income borrowers. They also discuss how listeners can help bring more awareness to their own peer groups on the realities of buying a home for people who think it’s impossible.

Here are two Girlfunds takeaway tips from the episode, as Longchamp and Rideaux touch on the best piece of money know-how that they’ve ever received:

“The best piece of financial advice that I’ve ever received is to always live below my means and to save for a rainy day. I know that’s such a cliche type of statement, but it’s helped me through my entire adult life,” said Rideaux.

“I have two that [are] tied for best… Look at money as a tool. And when you do that, you see it as something that you can use to get you to where you want to be or to reach a goal. I like that because it takes some of the emotion out of making financial decisions. The second one is to just set individual savings goals and when you save, save in buckets,” said Longchamp.

Join the two best friends who met as financial journalists at HousingWire, Brena Nath, a twenty-something first-time homebuyer with her husband and 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.