6 Things Women Should Know About Money

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thank you kimberlyfor your tips and thoughts and i will show this to my wife right away. as im approaching 60yrs. of age it is time for her to be on top of everything. steven palmer

steven palmer of AZ 8:57PM January 01, 2013

Lisa M of MI - I'm glad you are financially up-to-date but there are millions who are not, across the lifespan, not just 60+ women. Many women shy from understanding their finances because they think it's too "complicated" or they don't "do" math very well or, a la Scarlett O'Hara, they'll think about it tomorrow. Men are not immune to this magical thinking either but at least they are encouraged to know their numbers, so to speak and women often are not. How many women who live with, but are not married to, the men in their lives, have a will, health care proxy, power of attorney, etc.? Not many, I'll bet.

Floretta of NY 2:48PM June 12, 2012

I used the reverse mortgage in order to free up the equity in my home and this has been one of the best decisions I have made (financially). At first I was skeptical as some said the bank would own my home, but all of those negatives things we hear are myths. The program is a government insured one it has allowed me to take out a credit line which now I can borrow against as needed - the best part is I only pay interest on the amount that I actually borrow. I have other savings and investments but you cannot go wrong borrowing at today's low rates and having a way to get cash as needed (no point of liquidatig my other assets). Anyways I usually dont leave comments but I thought I would let everyone know this program really works and it is recommened that you look into it. I used this company here since they compare lenders for me ( 877 700 0534 - reverse mortgage lenders direct )

blanchwilliams of NY 12:42PM June 10, 2012

As a young female professional, I am somewhat offended by the premise of this article. The implication that I would only need to know about money management in the event of my husband's untimely demise and my widowhood feels like a throwback to the 1950s. Women no longer passively sit by while the men finance household operations.

Lisa M of MI 6:15PM June 02, 2012