Perhaps as a child, you were raised to not talk about religion, politics or money, especially at the dinner table. But if we can’t discuss these issues with the people who are closest to us, then we can’t expect to progress individually, or as a society—a society that requires constructive conversation to facilitate change. As a nation, we have struggled with money since the beginning of written history, but only in very recent history has it become acceptable to discuss money in the larger discourse.
And, I say, it’s about time.
However, conventional financial wisdom—which appears old and outdated related to the financial issues people face today—still takes the forefront in most financial conversations. The same tips about saving, investing and retirement—largely focused on how men managed money in prior generations—have been recycled to the point that they have become firmly entrenched in our culture.
Although we do find that some of the longstanding wisdom is indeed valuable, in many cases, it does not sufficiently address the realities countless women face regarding money. Financial constraints relating to gender pay gaps, longer life-spans, family priorities, and the feminization of poverty, in general, have a momentous impact at the intersection of women and money. Therefore, my goal with this monthly series is to address some of the larger societal and systemic financial issues women face and to provide alternatives to the conventional wisdom, via practical tips and additional knowledge or perspective—actual strategies and ideas, so you can act progressively relating to financial concepts, investments, debt and more.
I hope you will join me, and I hope this series leaves you ever more knowledgeable and confident about your finances.