Women and Wealth

Print
PDF

The Gender Gap in Financial Well-Being

Let's Get Acquainted

male-female-divideAs women, we see, perhaps in sharper focus, what women do to provide emotional, spiritual, and financial support for those they care for. Women often take lower paying positions in business in order to have more time with their children. Sometimes savings are sacrificed in order to pay for education and childcare. As their parents age, more often, they become the primary caretaker of the family.

When it comes to finances, women often put others before themselves when they address the equation. While the altruism in this is commendable, it has led to a great disparity in financial well-being between women and men. In Financial Finesse's most recent Gender Gap in Wellness report the key findings were:

Print
PDF

Divorce after 50? – Be Prepared Emotionally and Financially

Written by Robin Young, CFP® on 13 May 2017.

Let's Get Acquainted

Woman-YogaRecent studies have shown that one in four divorces are being filed by spouses over the age of 50. This shift has become a cause for concern for scholars and financial professionals because they are seeing the impact that it can have on these generations both emotionally and financially.

When nearing or in retirement a divorce can put a significant burden on assets and finances since there is little or no time to recuperate the losses incurred due to a divorce settlement.

Print
PDF

Mind the Gap: Overcoming an Income Gap in Relationships

Written by Robin Young, CFP® on 10 March 2017.

Let's Get Acquainted

mind the gap copyNavigating relationship challenges when you have accumulated or earn more than your spouse or significant other.

Historically, fiscally unequal relationships have tipped toward the man having or making more than the woman in a relationship. In many cases, this also meant that men had more decision making power in relationships. But a rising trend since the late 20th century has been fiscally unequal relationships where the table is turned.

Print
PDF

When it Comes to Decisions, Emotions Lead

Written by Robin Young, CFP® on 08 February 2017.

Let's Get Acquainted

Yes-no-maybeHave you ever made a financial decision and felt one way about it at the time but felt differently about it a few days, weeks or months down the road? In a research study published in the Harvard University Annual Review of Psychology, this type of a flip-flop is common and scientifically supported as part of the human condition.

Print
PDF

Envisioning Your Future

Written by Robin Young, CFP® on 12 January 2017.

Let's Get Acquainted

Pilot Your LifeSuccess, Well-Being and Prosperity in the coming year

As we embark on a new year, many of us make resolutions in the effort to improve something about our circumstances or lives. Though some resolutions are kept, many of us find that, come March or so, we have modified or altogether done away with the resolution; then, come 2018, rinse and repeat.