• Economic gloom hits men harder than women
• Microfinance provides a gateway
• International Women's Day and the global financial crisis
• Women entrepreneurs to dispel micro myth
• Investing in the women of the future: girls
• Matchmakers find business booming on Wall Street
• PepsiCo sees $650 million in snacks for women
• Stanford's charm short-lived for women investors
• Women better at money matters than men: survey
• Small loans offer glimmer of hope to poor women: UN
• How tiny loans are empowering poverty-stricken women in Africa
• Microfinance the weapon of choice
• Women will account for 53% of UK millionaires by 2020
• A girl needs cash
• Add an article

A girl needs cash

Women make up approximately 52 percent of the population.

Many have balanced professional careers with the challenging demands of family and home. Many women also are involved in volunteer efforts within their communities, and are active in a variety of professional associations.

Women are faced with special issues when it comes to financial management. For instance, women generally live longer than men and therefore need to save more for retirement. They tend to earn less than their male counterparts, which means they may have limited contributions to their individual retirement accounts over the years, and may have received fewer employer contributions to their company-sponsored retirement plans. Furthermore, the average age of widowhood for women is a surprisingly young 55. Whether a widowed woman has been dependent on her partner or a joint breadwinner over the years, widowhood is an emotionally charged that brings with it many financial decisions. Women require insightful and accurate information to help them manage and grow their hard-earned money.

Women invest consistently, and tend to follow a long-term approach to investing. They are typically patient, and prefer to stay with the investments they research and purchase, riding out the ups and downs of the market, rather than jumping in and out of investments too quickly.

More than half of all US women are financially independent and half are in charge of their families' daily financial decisions.

The affluence and influence of women is growing, often fuelled by their own individual enterprises. Inheritance and marriage are no longer the lead sources of female wealth.

Whats your opinion?