Ladies, do you know how financially powerful you are? According to a 2015 study, women control approximately 51% of all personal wealth in the U.S ¹. With 54% of women being the primary breadwinners of their households, almost 49% are also the financial decision-makers for their families ². As female economic power grows, it creates an opportunity for women to paint an inspiring financial picture and to use their economic power to help improve their financial health.
Here are a few tips to help women on the path to achieving financial wellness:
Commit to your financial goals – Set goals and create a strategy to achieve success. Track your progress and revise, if needed. If you make mistakes along the way, learn from them, do better and move forward with your strategy.
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Be consistent – Don’t deviate from your strategy. Every step you take gets you one step closer to reaching your goals.
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There is no such thing as a small goal – Every financial goal you set is important. Do what’s right for you.
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Talk with a financial professional – If you’re unsure what to do, talk with a financial professional. They can offer guidance and a fresh perspective.
Make every effort to be financially fit. Use your power and give yourself the gift of financial wellness. Looking for more guidance ? Contact Lisa Barclay, Financial Professional, Prudential Advisors. www.prudential.com/advisor/lisa-barclay
Prudential Advisors is a brand name of The Prudential Insurance Company of America and its subsidiaries. 1030502-00002-00
1. Business Insider, 2015, Women now control more than half of US Personal Wealth.
2. Prudential, The Cut & The Allianz Women, Money and Power Study: Empowered and underserved. Last accessed May 2019.