Are You Afraid To Take Risks? Identifying And Addressing Financial Fear In Women

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financial planning risks

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Financial empowerment is new to us

With regard to men carrying the burden of managing all of the finances for their entire households and women having no role in that process, Dr. Scott says, “It wasn’t really until we got to this generation that we saw how it negatively impacts men and women.” Now, women are experiencing odd growing pains. They know they have the power to manage finances in their homes but may not have those female role models who did the same. Even if they had one, and their mothers were financially progressive, they likely don’t have several generations of such role models. Their grandmothers, for example, likely didn’t deal with the household finances.

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