Women and Money, "Taking Control of your Finances". (1402 hits)
Taking Control of your Finances
It is critical that women of today educate themselves on the basics of personal financial management. Gone are the days of depending on your spouse to handle all the financial decisions in your household. There are many reasons that women need to take control of their finances.
Recent statistics state that women will outlive men by approximately 7 or more years. On average women still earn less than men and the possibility of a future pension for retirement is out of the question for most women due to work leave of absences for child rearing and care of an elderly parent.
At some point in our lives women will be responsible for handling the finances, due to a divorce or death of a spouse. Up to fifty per cent of marriages end up in divorce and women may not realize the financial impact of these circumstances and how it can severely affect the quality of their life and children.
Ask yourself, are you prepared to handle the family finances should you end up alone? If not, this is the time to become financially savvy. Women need not be intimidated in the world of finance today. By learning the basics of managing money you will be empowered to analyze your current situation and begin to make changes to enhance your future. If you are still living paycheck to paycheck and are unsure of your financial and retirement goals Enrichment Financial Coaching can help. Now is the time to assess where you and your family stand financially. There are several books, articles, and internet sites that can help to educate you on the subject of financial management for women but this can be overwhelming to most beginners. And when people are overwhelmed they procrastinate instead of plan. Enrichment Financial Coaching takes the time to address your financial concerns by providing one on one coaching, guidance and inspiration that will empower you to make the best financial decisions possible to reach your financial goals.
Taking small baby steps in the learning process is better than doing nothing at all. Our workshops and coaching provide educational experiences that will strengthen your morale and give you the confidence you need to make informed decisions about your money.
...Ask yourself, are you prepared to handle the family finances should you end up alone? If not, this is the time to become financially savvy...
I think it is just a good idea to know how to handle finances regardless, because two heads are better than one any day any time.
Thursday, September 25th 2008 at 6:22PM
Jen Fad
