Executive Summary: Women have been programmed to think they aren’t good with money so we end up in a – I have to, but I can’t – destructive mental loop. This lack of confidence and resulting inaction can lead to a number of costly mistakes: Failure to do long-term planning Focusing on numbers rather than […]
Personal Finances is often the broad term used for managing your money and planning for the future. As a financial advisor I referred to a snapshot of someone’s various financial components as their Current Financial Situation. In a recent podcast interview on Financial Literacy my guest referred to this as “knowing where you stand”. Regardless […]
Money is a dilemma, isn’t it?! We weren’t taught about it in school. It isn’t a polite discussion topic. And historically it is supposed to be firmly in the male domain. What’s a woman to do! Well – smart women break the “rules”. As advisor Reesa Manning points out in our recent podcast conversation, women […]
Confidence is what turns thoughts into action. Unfortunately, we women sometimes lack it – especially around money. There are various theories. Women are perfectionists and risk adverse – to, it isn’t that women lack confidence – men simply have too much of it! Regardless of the reason there is a documented confidence gap between men and […]
Almost half of all women fear becoming a bag lady according to a 2019 study by the life insurance company Allianz. HALF!! The term “bag lady” was coined in the 1970’s and quickly became a symbol of women’s concern of running out of money, regardless of how much they have. As a financial planner I […]
