How To Talk To Your 3 Year Old About Divorce If Barack Can, We (Too) Can Do it Women!

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If Barack Can, We (Too) Can Do it Women!

If Barack Obama can defy the terrible odds of being raised by his grandmother instead of a nuclear family, the graduate of Harvard magna cum laude, became a community organizer in Chicago in 1985, serves Illinois as its senator Jr. . from 1996 to 2004, he won his United States. Seated in the Senate from 2005 to 2008, and later defeated, surpassed and raised funds for Hillary Clinton to become the Democratic candidate, and finally won the award of the first black president of the United States of America, then we women we can certainly push our resistance to learn about our money. To compare… well there really is no comparison, period.

Yes, we live in a sexist society still, and for women over 60, who we prefer to call mature women, socialization has been especially aged against women who embrace the knowledge of money.

However, I mention Barack’s achievements because we still live in a racist society, even if it is much less than 40 years ago, and he is living proof that, with determination and perseverance, these systemic chains can really be broken, as and old coats.

The urgency for women to start their search for financial knowledge and investment knowledge is prompted by these statistics:

  • 90% of women will be SOLELY responsible for their money at some point in their lives, maybe for decades.

  • 51% of first marriages end in divorce after both parties suffer a 77% drop in net worth on average, according to the Journal of Sociology’s Marriage & Divorce’s Impact on Wealth report.

  • The average age of a widow is 56; Widowhood causes an average drop of 20% in income.

  • 1/3 of all widows are under the age of 60 and 1/2 of all widows are under the age of 65.

  • 1/3 of women over 75 live in poverty; ie, less than $890/month.

  • The average female lives seven years longer than the average male.

Let’s understand some principles and start a step-by-step plan to track our expenses and evaluate our investments now to determine if we are on track to achieve financial security. We can do it women!®

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