More than half of all divorced women fear they will end up a “bag lady.” Even high net-worth women are concerned they’ll run out of money and won’t be able to support themselves or their families. I get it: I’ve been there. Living through my own divorce — and advising the numerous women with whom I’ve worked — I’ve seen how all too often, given the financial and emotional … [Read more...] about Five BIG Money Mistakes Women Make in Divorce
For the first year after the divorce was final, my auto-response to just about every question that flew out of the mouths of my three sons was “YES!” It was an automatic, rapid-fire and knee-jerk reaction to each and every query. Yes, I will be your room mom! Yes, I will be the team mom! Yes, we can still go on vacations, live in our super-sized house, drive our … [Read more...] about The Two-Letter Word Every Mom Should Learn to Say
The last thing I expected as I headed up the freeway from San Diego to Los Angeles was a money trap. Traffic? Yes. Frustration and delays? Naturally. But a money trap? Never. Halfway there I had a choice: jump on a wide-open toll road or sit in a sea of traffic only to arrive at my appointment sweaty and swearing. It was an easy but costly decision: my $6.50 toll quickly turned … [Read more...] about Four Money Traps Every Mom Should Know
Seems like every time I turn around one survey after another is asking me about my income. Even my church seems to care how much money I make! I find it amusing that not once in the past 43 years have I ever been asked how much money I save. And – at the end of the day – isn’t that a more relevant number? It’s time to stop thinking only about the amount … [Read more...] about Put Your Money To Work!