Financial Facts and Myths Regarding Women and Money!

Federal Reserve Governor, Elizabeth A. Duke spoke recently on the topic of Women and Money:  Challenging the Myths.  I found the article outlining her speech on Wall Street Cheat Sheet (read entire article here:  http://wallstcheatsheet.com/breaking-news/4-biggest-myths-regarding-women-and-money-with-federal-reserve-governor-elizabeth-duke.html/ ). 

While I don’t agree with all of her Financial Facts About Women (I think we’ve closed the gaps on some of them), her 4 Biggest Myths sort of hit home.  I discuss these myths with many of the women I work with through the estate and financial planning processes. 

By the time we get into the planning phase, we are able to set the appropriate goals, and take control of their finances, separating facts from myths to give them a sense of comfort about their financial futures. 

Seek as much information as possible, and speak with trusted and reliable advisors before making these important decisions.  Knowing and understanding the facts surrounding what most women will face later in life (divorce, widowhood, longer life expectancy, etc.), it’s important to be pro-active in our own financial futures.

I hope you take the time to read Ms. Duke’s entire speech and work on your plan to be sure it is up-to-date and fits your current and future needs. 

Have questions, want to share your experience, please enter your comments below!

Patricia Annino is a sought after speaker and nationally recognized authority on women and estate planning.  She educates and empowers women to value themselves and their contributions in order to ACCOMPLISH GREAT THINGS in the world – and in so doing PROTECT THEMSELVES, those they love, and the organizations they care about.  Annino recently announced the release of an updated version of her successful book, Women and Money: A Practical Guide to Estate Planning to include recent changes in the laws that govern how we protect our assets during and beyond our lifetime.  Annino’s book is an exhortation, resource and trusted companion for women in all facets of life.  To purchase the book visit:  http://amzn.to/hOHuEV or for more about Annino, visit: www.patriciaannino.com

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