22 Aug Taking control of your financial future
Many women today are balancing several priorities: career, family, friends and other obligations. Often, investing gets lost in the shuffle, meaning women may not be ensuring that the money they’ve worked so hard to earn is working hard for them.
Our research in the U.S. found that only 4% of women spearhead their family’s investment strategy. Among affluent women, 80% consider themselves “beginner investors,” compared with 50% of men. One would think it might be different for younger women. It’s not. Only one in eight Gen Y women (born 1978–1988) call themselves the primary decision maker when it comes to personal finance. Only 9% are confident about managing investments, and yet 90% of women will have to manage their finances on their own at some point in their life. They may leave the workforce to raise young children or care for a sick family member, become divorced or find themselves widowed.
So how can women take control of their financial future?
To continuing reading the steps to controlling your financial future in this article by Fidelity Investments, CLICK HERE. If you have any questions or comments be sure to contact Harry or David.