In the past, women may have taken a less active role in financial decision making, for a variety of reasons; but today, with more women than ever responsible for their financial well-being–and the financial well-being of their families–it’s critical that women know how to save, invest, and plan for their future.
Did you know that according to the BMO Wealth Institute,
- Women are the primary breadwinner in over 40% of U.S. households.
- Women hold the majority of management, professional and related positions at 52%.
- Women now control 51% or $14 trillion in personal wealth!
- The wealth that women control is expected to grow to $22 trillion by 2020.
It is now more important than ever to take control of your financial future!
10 Steps to Begin Charting a Financial Course:
- Just Begin by asking questions
- Where is my money going?
- Do I spend More than I Make?
- Commit to learning – Commit to the process
- Accept that Rome was not built overnight, so alas neither are you finances
- We are Better Together: Find a Financial Advisor (click here to get started)
- Start Small & Start Simple: Build a Financial Foundation
- Set Goals
- Don’t give up – Accountability!
- Set up Systematic Systems to create Habits
- Confidently Build Your Future with a Financial Plan
- Become a Wise Investor