Nonprofits, or the so-called “third sector” have always been recognized a key contributing segment to the economy and society, and quite rightfully so. As I was trying to build a solid understanding of the nonprofit activity in the women and money space, I came across many laudable groups that were established for and are trying to do amazing things to help women bootstrap themselves to much better financial ground in their lives.

Continue reading “Vision + Chutzpah = a Different Kind of Nonprofit”

 

We have written extensively on this blog about the many ways in which the financial services industry either actively or by omission leaves opportunities on the table to help women manage money better. But there’s a more pernicious enemy to women’s financial progress – themselves. What is surprising is that women also contribute to their own financial problems by subtly sabotaging their interests in at least 7 ways:

Continue reading “The Seven Signs of Financial Self-sabotage”

 

The answers to this age-old question range from the philosophical and comedic to the merely banal. Few offer new insight and even fewer back up those insights with solid facts. Every now and then, a refreshing exception breaks through the clutter.

The Boston Consulting Group conducted an extensive and comprehensive survey across the globe covering 12,000 women across 21 countries spanning diverse socioeconomic classes to get a definitive answer to this question – at least as far as commercial goods go. The results were published in a compelling and engaging book, “Women want more“, by Michael J. Silverstein and Kate Sayre, both of The Boston Consulting Group. The book covers not only financial services, but a multitude of products and services including healthcare, food, apparel, fitness and beauty.

Continue reading “What Do Women Want?”

 

One of my favorite activities is to scout for and look at new offerings in investing, money management and advice to see how I feel as a user. It’s a particularly rewarding exercise to try to back into what it would look like in an idealized state for me personally to engage enthusiastically with it.

Why enthusiastically?  Isn’t it enough to just engage?

Continue reading “A Path of Promise- How to Make Money Fun”

 

Like many other people, I have always been firm in the belief that financial education is one of those obvious good things that everybody needs to have access to. This belief has also resulted in the somewhat unconscious conclusion in my mind that once people have access to financial education, then this must logically lead to better decisions and financial behaviors on their part. So we should all support more financial education and for more people, right?

Continue reading “Motherhood and Apple Pie – but Not Financial Education?”