Save Money

3 Major Financial Challenges Women Face And The Steps To Overcome Them

3 Major Financial Challenges Women Face And The Steps To Overcome Them

Unfortunately, many women defer investing to their husband or never invest at all.

I’ve seen the scary results of women not taking an active role in the family finances.

When I worked at a financial planning firm, we had a client pass away.

His wife came into the office for a meeting so she could be caught up on their accounts.

This was the first time we were ever meeting her. Up until now, she simply let her husband handle the investing.

Now she was alone and completely clueless as to their investment plan, her investments, and even account balances.

How I Do A Monthly Financial Checkup

How I Do A Monthly Financial Checkup

Do you know where you stand financially?  At the end of every month I sit down for 30 mins and complete a financial checkup.  A financial checkup is a layout of all my income and expenses for the month along with an analysis of how I spent my money in the previous month along with any outstanding debt balances and a status update of where I stand when it comes to my financial goals, so the balance in my savings, sinking funds and investment accounts (including retirement).