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 »  Articles  »  Financial Tips  »  Finance and Women
Finance and Women
By Credit Federal | Published 09/6/2006 | Financial Tips |
Women and Finance

According to a recent survey, which asked women if they feel financially secure, only 10% responded positively. 57% said they felt somewhat secure, while 33% said they did not feel financially secure at all.

Get personal finances under control and pay bills timely. Use our free personal budget software to track expenses so you can stop wasteful spending, and use our free bill reminder calendar so you send in your payments on time. Free desktop software to balance checkbook entries, or use the software as a computer checkbook register.


Times, they are a-changing...
Back in the olden days, men were the primary bread-winners, the bill payers, the insurance buyers, etc. But now, women are increasingly becoming financially independent, some never marrying or re-marrying after divorce, and women live longer than men, often out-living their husbands. Hence, many women rely solely upon their own finances for their futures.

Not only are women stronger in the work force, many earn more than their husbands and contribute a larger percentage to pay household expenses.

Money management...
Women surveyed said the greatest barriers to saving and investing, were lack of knowledge and not enough time to learn due to household and work responsibilities.

Wisdom and independence...
In the survey, women stated their advise to their daughters and granddaughters is to start planning early, to become knowledgeable about investing, and to not become dependent on others for financial security.

To help become more confident, women may want to consider a professional financial advisor, and pursue less aggressive investing to build their confidence.

You've come a long way...
As women become even greater financial sources, investors will certainly want to grab hold of this market, and will employ more professionals who speak the language of women and understand their concerns.

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