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Financial planning offers many unique challenges for women. For instance, women in traditional relationships are likely to outlive their male counterparts. Have you considered how you would pay for things such as:
While it is unpleasant to think about such things, it is important to have a plan in place should unforeseen events occur. But where do you start?
The first step is to educate yourself about financial topics—from the most basic to the more complex—so that you can understand what options are best suited to your individual needs.
Source: Barbara A. Kay, MA, LPC, RCC, and Anthony J. DiLeonardi, RCC, The $14 Trillion Woman, 2009.