Houston, TX (PRWEB) October 15, 2012
Across the world, women have made major strides in recent years; a new article from Biz Community notes that in many parts of the world women now have the same educational opportunities as men, and women are also increasingly emerging as the breadwinners, or co-breadwinners, within their families. Despite these encouraging trends, the article says many women are still not involved in their household financial planning. Given that women play such an important role in generating income—to say nothing of the fact that many women will outlive the men in their families—the article exhorts women to empower themselves via sound, long-term financial strategizing. The article and its exhortations have won the attention of NEXT Financial Group.
NEXT Financial Group is a broker-dealer based in Houston, but serves clients across the United States. NEXT employs a wide and diverse team of independent financial Representatives, who share a passion for providing financial planning services to people from all walks of life. NEXT has responded to the Biz Community article with a new statement to the press.
“Financial independence is imperative for everyone, including for women,” says Barry Knight, President of NEXT Financial Group. “In a lot of cases, women are misdirected by society to believe they should depend upon men to help keep their financial situation stable; however, I strongly disagree. In today’s market, with more women entering the work force in high numbers, with even higher paying positions, the security of their financial future lies within themselves. Financial advisors across the country can help them plan and budget accordingly to create the future they foresee, without a man determining their route.”
Just as the NEXT Financial Group statement encourages women to strategize about their financial futures, the Biz Community article offers some practical guidelines. The first piece of advice offered by the article is for women to take an active role in forming a budget. This budget should include all monthly expenses, including housing, utilities, food, and even fuel or transportation costs, weighed against household income.
In addition to these more basic tips, the article also provides long-term financial planning advice, including a few words about retirement planning. Biz Community notes that when women leave retirement planning to the husband, they may find themselves largely unfamiliar with the family’s long-term financial situation. Should the husband pass away before the wife, this could ultimately be a dire problem. The article encourages women to be active in retirement planning, and to begin the process as early as possible, while also making sure to keep informed about long-term investments and retirement accounts.
NEXT Financial Group Inc. Member FINRA/ SPIC is a broker-dealer based in Houston, Texas, serving the needs of financial services representatives throughout the country. The company prides itself in helping business owners enjoy success and financial independence. The company was founded in 1999, and is currently led by President Barry Knight. More information about the company can be found online at http://www.nextfinancial.com. NEXT Financial Group Inc. is located at 2500 Wilcrest Drive, Houston, TX 77042. For more information, call 888-876-6398.