Common Money Mistakes Women Make

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Marilyn Bergen takes center stage at the Portland Women's Show to teach women how to manage their finances and take fiscal responsibility for their future.

When women find themselves alone, through divorce or death of a spouse, they often are confused about and unprepared to manage their finances. With up to fifty percent of marriages ending in divorce, and women outliving men sometimes by a margin of as much as ten years (according to an article by Harvard Medical School Scolars (http://www.healthfully.org), women will often find themselves needing to manage their finances alone.

Marilyn Bergen, CFP and co-president of CMC Advisers helps women sort out their finances. “Too often, a widow will come to my firm in confusion about her financial position because she left money management up to her husband,” says Bergen. "Many women fail to comprehend the importance of being fiscally responsible and knowlegable about their own finances." Giving financial tips on the main stage at the Portland Women’s Show Saturday October 9 at the Oregon Convention Center, Portland, Oregon, Bergen will be dispensing sage advice through her seminar titled “Creative Solutions for Common Money Mistakes.”

Statistically women are more likely to live alone for significant periods of time. When women rely on someone else to make financial decisions, they are unprepared and unskilled when they find themselves alone. Marilyn Bergen teaches the fundamentals of financial planning and guides women through steps to gain confidence and become accomplished at taking charge of money and investment decisions. Bergen offers these tips:
1.    Don’t make emotional investments. Use solid intelligent and seek expert guided decisions.
2.    Diversification is the key to success. Have at least five different asset allocation categories included in a long-term portfolio.
3.    Postpone credit purchases.
4.    Keep personal debt ratio below twenty percent of income.

Marilyn Bergen has been successfully serving clients in the financial services industry since 1982. Her background and experience form a solid base to assist clients in planning a secure financial future. A fee-only certified financial planner, she provides investment management and financial planning to individuals and businesses.
Ms. Bergen is a past president of the Oregon Society of the Institute of Certified Financial Planners. She has served on the Pass Score Committee for the CFP Board of Standards. Other memberships and affiliations include the Estate Planning Council of Portland and the Financial Planning Association. Ms. Bergen is also past president of Network of Business and Professional Women.

The October 1996 issue of Worth magazine listed Ms. Bergen as one of the top 200 financial advisers in the country. Worth magazine listed her again in the October 1997, September 1998, October 1999, September 2001 and the July/August 2002 issues as one of the top financial advisers in the country. The July 1998, November 1999, August 2000, December 2002 and November 2004 issues of Medical Economics named Ms. Bergen as one of "The 150 Best Financial Advisers For Doctors."
Ms. Bergen received her BS degree from California State University at Sacramento and MS degree from Portland State University. Advanced professional education includes certificates in financial, estate and tax planning. Find out more about CMC Advisers at http://www.cmcadvisers.com

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|Diane Dennis
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