Dr. Judith Gerhart, CFP
Certified Divorce Financial Analyst 
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Financial Tables for One
November 25, 2008
With the combination of later marriage, divorce, widowhood and longevity, almost 90 percent of women will end up managing their finances alone at some point in their lives, according to the Department of Labor.
Regardless of upbringing, income, marital or motherhood status, women need a strong base of financial knowledge to prepare them for that responsibility. Because the large majority of women will be on their own financially at some time in their lives, financial education is never wasted. Knowledge gives women confidence that if confronted with being suddenly single, they can handle it.
For women who have little or no experience in managing money, taking small steps can prevent feeling overwhelmed. Reading websites, magazines and books about financial topics or taking a community college course can provide a great foundation. Professional financial advisors can help as well. As the saying goes, there’s no such thing as a stupid question. Women shouldn’t be intimidated. Most professionals welcome the opportunity to share their knowledge and educate clients.
Posted by Judith Gerhart on November 25, 2008 | Permalink | Post a comment
Topics: Divorce, Finance, Tips |
