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Despite Strides, Women Still Tripped Up by Confidence Gap
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In releasing its poll results, the law center called for a number of government initiatives including increasing the tax credit for low-earning families and providing health coverage for all families.
Prudential and Allianz want women to hire financial professionals to help manage their money. Prudential says a financial adviser "may be the extra nudge some women need to get started."
I agree that our government needs to do more. And yes, a financial adviser can help you develop a good financial plan.
But really, ladies, more of us need to stop fearing all things financial or doubting we can manage this stuff. We certainly cannot always wait on a government program. And if Prince Charming does come along, he may have his own financial challenges. Heck, his horse is likely to be leased.
To take control, start this way:
· Write down your financial goals. What do you want to do with the bacon you're making?
· Figure out just where your money is going. Yes, that means doing a budget.
· Get a will. You should have one even if you are single. Surely you've accumulated some things that could be helpful to others.



