Finding ways to improve financial literacy can be especially important for women who wish to gain the tools and strategies necessary to save for their short- and long-term goals.
With inflation continuing to break records and reach 40-year highs, the value of the dollar isn’t going nearly as far as it used to. Many households are being forced to reevaluate their budgets and find ways to cut back spending to keep up with the rising cost of everyday items.
While having coverage can provide death benefit protection, it’s important to review the policy regularly to ensure it continues to meet your current financial needs.
With only one in five women feeling financially healthy versus 29% of men, it’s time the wave of change continues to help more women feel economically empowered. Here are several moves you can make to support your financial health and be better prepared for your future.
Preparing for retirement can already come with uncertainty, especially when you can’t predict how long you will live, what unexpected expenses you will face, or how life may change. Add in economic trends and market volatility, and protecting your hard-earned savings may seem impossible.
Even if you're financially prepared for life as a retiree, following good money management practices is an ongoing commitment and can be critical to helping maintain your financial health throughout retirement.
