Why Women Need a Financial Strategy

by Brittney Castro, CFP®, CRPC®, AAMS® on in Women and Money.

When it comes to planning for the future, everyone needs a financial strategy but for women it is even more critical. Over the years, women have made significant progress in the economy and the workforce and continue to make impressive financial gains. However, with all the success and opportunity for women in the marketplace, a lot more responsibility is added when it comes to money and financial decisions. Women still face many financial challenges and because of these unique challenges they need a clear financial direction to feel more in control of their financial future.

Regardless of what stage of life you are in, starting your career, getting married, buying a home, raising kids, starting a business, approaching retirement or already retired, you need a financial strategy to help you feel more optimistic about your financial future.   Here is another reason why you, as a woman, need a financial strategy:

Reason #9- At some point in their lives, 90% percent of women in the U.S. will be managing money on their own because they’ve been divorced or widowed or have never married.*

If you would like more information on how to become a Financially Wise Woman, please request your copy of the Financially Wise Women FREE EBook or contact me via email at Brttney.Castro@LPL.com.

*Bodnar, Janet, Money Smart Women, Kaplan Publishing, 2006.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. The LPL Financial registered representative associated with this page may only discuss and/or transact securities business with residents of the following states: CA, FL, WI. CA Insurance License #0F33895. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.