Finance and Financial Planning, Money Advice and Financial Strategies Articles For Women
Smart money advice and financial strategies for women. Our guide to money and smart financial strategies for women with articles and advice which provide expert knowledge on matters of finance.
Long-Term Care Insurance
No one likes the thought of spending their last years in a nursing home it often especially difficult to find money today from our stressed budget to pay for it. It is also difficult to find the money to pay for long-term care insurance (LTC) yet the potential burden of paying for long-term care is simply too great to ignore. Unfortunately, another one of the consequences of the disappointing stock market returns in recent years is the necessity to review our insurance coverage.
Some people who thought they could pay for long term care with out-of-pocket investments now realize they may need to re-think that decision. Even if you’re too young to consider long-term care insurance for yourself, it’s an important conversation to have with your parents.
Organizations Like A Debt Reduction Law Center Help Avoid Fraud And Often Encourage People Who Have Successfully Recovered From Their Debt To Look Into Investing
Carefully-chosen investments have a high potential of generating valuable returns, which can push people back to good financial footing in turn. Not all investments result into good, however. The profitability of an investment mostly relies on how an investor handles and chooses his investments.
It would appear that in just over a hundred years we have come full circle with regards to deficits in our state pension
The Old Age Pensions Act was passed in August 1908 and the first payments were made on the 1st January 1909 when the maximum payment was five shillings for a single man or woman. Payment was only eligible if you earned an income of less than twelve shillings a week and the pension could even be reduced if a person had too much furniture.
The pension was denied altogether if a person had been to prison in the previous ten years, was habitually drunk, had not worked when able to or was generally regarded as a bad character.
Women are the world's largest market
Were you aware that... financial service companies are the leading industry in marketing to women for a very good reason: their livelihood depends on knowing where the money is, and where it’s going.
However there are still a few investment, insurance and banking professionals who are surprised to learn that women are today's largest and fastest-growing market opportunity in financial services.
They bring home the majority of the income in most households, they initiate most couples’ decisions to seek out a financial advisor, and they do the lion’s share of the research to decide which professionals will get a chance at the business. The amazing punchline? Women investors are almost never prospected! Getting savvy on these and other gender secrets will help you secure your share of women’s widening wallets.