Women Ask Yourself: What do I Know about my Family's Finances?
Every woman should ask herself “Do I know enough about our family finances to be able to step in and take over?” If the answer isn't a resounding "YES", reading Becoming a Money Wi$e Woman: Getting Your Financial House in Order is a must.
(PRWEB) November 1, 2005 -- Every woman should ask herself “Do I know enough about our family finances to be able to step in and take over?” If the answer is “no”, reading Becoming a Money Wi$e Woman: Getting Your Financial House in Order is a must. Women face challenges that affect their financial future.
Women are out of the workforce approximately 15 years taking care of their families, which results in lost promotions, lower paychecks and pensions. It takes five years to make up for every year a woman’s out of the workforce.
The average caregiver loses $659,000 over a lifetime in reduced salary and benefits.
Approximately 50% of first marriages end in divorce and the statistics are even higher for second marriages – 60%. Women live an average of 7 – 10 years longer than men.
58% of marriages end in the husband’s death. Average age of widowhood is 58.
According to author, Marcia Brixey “Women often feel selfish putting themselves first, especially when it comes to their finances. But, it’s not selfish for women to make an investment in themselves now. It will give them a better quality of life – both financially and personally – in the years ahead.” Becoming a Money Wi$e Woman has the information, tools, charts and resources for women to build a sturdy financial house. The book is also filled with the stories of women who have had their share of financial challenges, which will inspire readers.
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