How women can take control of their money and grow their wealth investinyou (In partnership with acorns.)
Women are more educated and successful than ever. Yet, when it comes to their money, they still tend to stand on the sidelines, according to financial experts."We still abdicate our money decisions to other people," said certified financial planner Stacy Francis, president and CEO of Francis Financial., 59% of widows and divorcees said they wish they had been more involved in long-term financial decisions and 74% don't consider themselves very knowledgeable about investing.
"It's not that many generations ago that we were still taught that we had no power in terms of money and that we had no control over our own money," said Dr. Kate Levinson, psychologist and author of ""There is still a lot of internal resistance, biological resistance and in society, as well, to women stepping up and owning their power [and] taking control over their finances," she added.
So, find your people and talk about it — and realize that wherever you are with your financial knowledge, no one is going to judge you, advises Francis.One of the things you can do is start a book club, and instead of fiction works, focus on non-fiction books that have something to do with money."It works out really well if you do it over cosmos," said Francis.
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