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mom&daughter financial literacy

Quote Of The Week: Financial Literacy Begins At Home

“Like most of life’s important lessons, financial literacy begins at home.” Frederick P. Gabriel Jr., editor of InvestmentNews, September 9, 2012,  Help your clients’ kids avoid maxing out In a recent article, Gabriel explains how he learned some financial lessons the hard way: “I will be the first to admit that I knew nothing about handling […]

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mother and adult daughter

Parents – At 34, Your Daughters Are Already Behind!

Parents, you undoubtedly want the best for your children. But did you know that by age 34, your daughter may already be losing the race for financial security, so far behind she may never catch up? The sobering reality By age 34, young women are already behind, having accumulated retirement savings worth only 64% of that accumulated by young men. How […]

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money-and-marriage

Quote of the Week: Money #1 Source of Marriage Conflict

Looking back, divorced people identified arguments over money as the #1 “point of conflict” in their marriages, according to Dr. Terri Orbuch, a research professor at University of Michigan, who has been researching couples’ behavior for over twenty-five years. “49% of divorced people from her study said they fought so much over money with their spouse—whether it […]

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mom at home

Majority of Women Say They Are Now “Primary Breadwinner”

A majority of women now classify themselves as the primary breadwinner in the household, according to a new Prudential study. 53% of the women surveyed said they were the primary breadwinners in the household, either because they were single, or they earned more than their spouse. About one-third of women surveyed said they became the higher earner […]

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Warning: Are Spa Parties Dangerous to Your Daughter’s Financial Health?

Are spa parties sabotaging your daughter’s chance of becoming the next Bill Gates or Mark Zuckerberg? If you have young daughters, or spend time with your nieces, grand-daughters, or other young girls, we recommend you read a thought-provoking article penned last week by Chelsea Emery at Reuters. In her article  Spa parties and money-smart daughters, Emery argues […]

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divorce after 50

Quote of the Week: Divorce Rates Surging for Age 50+ Adults

“While the overall divorce rate in the United States has decreased since 1990, it has doubled for those over age 50. Reasons vary: Longer lives mean more years with an incompatible spouse; no kids to use as a reason to stay together; less stigma about splitting; more women working, some outearning their spouses; and a […]

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volunteer

Women & Philanthropy: Changing the Face of Giving

Focus on Women & Philanthropy I had the pleasure of attending the 4th annual “Women & Philanthropy” forum in Washington D.C. earlier this month.  Sponsored by George Washington University, the conference brought together a distinguished panel of women philanthropists, including keynote speaker Nancy Brinker, founder of Susan G. Komen for the Cure. The purpose of the meeting was to discuss the […]

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working-with-aging-parent

Talking to Your Aging Parents About Money Issues

Many of our clients have aging parents and are often concerned about how they will meet the challenges of daily life – managing their finances, caring for their home, getting basic errands done – while still feeling independent and in control. Author Glenn Ruffenach explores some of these issues in his May 7, 2012 SmartMoney article “Talking to Mom About Alzheimer’s […]

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caregiver and mother

Did You Miss Our Luncheon Seminar on Caregiving?

Did you miss the Thursday, April 19 client luncheon we hosted on caregiving featuring special guest Knyvett Lee?  Knyvett is Executive Director/CEO of CareSource, a not-for-profit social services agency in Fort Lauderdale, Florida, and is an expert in care management, guardianship and elder advocacy. Knyvett and I first met about twenty years ago when I was a Trust Officer for a South […]

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Quote of the Week: Caregiving Often Falls to Women

“The average caregiver in 2009 was a 49-year-old woman who had a job outside the home and spent nearly 20 hours per week providing unpaid care to her mother, according to a 2011 AARP Public Policy Institute study.” Emanuella Grinberg, CNN, April 9, 2012, “Caregiving for loved ones the ‘new normal’ for boomers” We hosted a […]

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