Liz Johnson //May 24, 2012//
Not all that long ago, when many of the Baby Boomers were children, women in the workforce were still in the minority, more of an exception than the rule.However, a trend in the 21st century now shows women increasingly becoming the primary breadwinner of their households. Women 50 and older reportedly hold more than three-fourths of the nation’s financial wealth and nearly four in 10 working wives out-earn their husbands.
With these statistics in mind, and because we are often at the financial hub of the family – whether we want to be or not – it’s more important than ever for us as women to play an active role in managing our finances. Here are a few suggestions to help you get on the right track:
For additional resources, including budgeting tools and calculators, visit www.schwabmoneywise.com. For a listing of free workshops that are available in your area, visit http://www.schwab.com/public/schwab/resource_center/workshops_videos/branch_workshops