Photo of Eric R. Ebbert, CFP®, MBA, CEO Eric R. Ebbert, CFP®, MBA, CEO Oct 06, 2021

Women juggle a lot of roles. For the most part, women are known for their multitasking skills when it comes to managing a home and a career. But according to Financial Times, women are less likely to play the stock market. 

Despite many women’s ability to shoulder the burden of family finances — from budgeting, to paying bills, to even refinancing the home — most are hesitant to put their money to work in stocks, shares or funds

Financial planning tips for women

If you are a woman (and there is a good chance you are if you are reading this article), then financial planning is for you. Financial planning is for everyone. Here are three reasons for you, as a woman, to consider working with a financial advisor:

  1. Build your financial confidence — For many women, the idea of investing in the stock market is overwhelming. Where do you start? What if you lose your hard-earned cash? That is why you should consider working with a financial advisor. They can help you begin your financial planning journey as a woman.
  1. Increase your net worth — You are busy enough with running your life and probably helping to run a few other people’s lives too. So, it’s time to make your money work for you to increase your network. Partnering with a financial advisor as your guide can help you grow your money and increase your net worth.
  1. Map out your future — You have goals. A financial advisor will help you identify your dreams and aspirations and work with you to forge a financial plan to help you get there. Try to start by putting 10% of your income aside for savings and investment opportunities. 

Are you ready to begin your financial planning journey as a woman? Get started today with help from ProVise.

Talk to a ProVise CFP® professional about financial planning for women

At ProVise Management Group, our CERTIFIED FINANCIAL PLANNER™ professionals can get to know you and your current financial circumstances, goals, risk tolerance and personal values to help you develop a plan that works for you. We can also create a written plan for you at a fiduciary standard of care. All our written plans come with an unconditional money-back guarantee. If you are unhappy with your written plan, you can return it to us, and we will refund 100% of the fee paid.

Are you ready to talk to a professional about creating a financial plan that meets the unique financial challenges women face? Contact ProVise today to schedule a complimentary consultation.