“There is a special place in hell for women who don’t help other women.”
– Madeleine Albright, Former U.S. Secretary of State
I am a chartered financial planner and chartered accountant and have worked in the financial sector ever since leaving university. So obviously I like numbers and understand finance.
But I come across so many very intelligent women who have a bit of a mental block when it comes to finance and whenever finances are mentioned they say “ Oh no, I don’t do maths”.
But provided something is explained in a down to earth, non jargon manner there’s no reason why anyone shouldn’t understand a few of the basics.
I give a number of talks to local women’s networking groups entitled “A man is not a financial plan”, because I firmly believe that all women whether married, single or divorced need to take financial responsibility and plan for their future.
However, before you can take financial responsibility you need to understand a few of the basics. That’s what this guide will give you.
The aim is to show you that once finances are explained there’s nothing over complicated about it.
Research from Scottish Widows shows that 2/3 of women over age 50 have inadequate pensions. Research from the Office for National Statistics (ONS) shows that at the age of 56 the average male pension pot is six times the size of the average female pension pot.
The statistics show that the majority of women are not preparing themselves financially, and are severely at risk of facing poverty in later life if they don’t start to plan for their future.
I hope that this guide can go some way to correcting some of the statistics and more women can start planning for their future and stop being so scared of their finances.
Following on from the wonderful quote from Madeleine Albright above, if you know a women who needs help with her finances please do pass on these tips. The consequences of not doing so could be severe!
You can download this guide for free here:
7 Tips For Women To Improve Their Finances
