For the average American woman, life is no longer an exercise in tantalizing her family with the smell of pot roast or getting kitchen floors their whitest. She occupies the highest rungs of the professional ladder and excels in every trade. However, many women still turn to their husbands when it comes to planning long-term finances.
According to Suze Orman's 2010 book, Women & Money: Owning the Power To Control Your Destiny, this decision can directly undermine financial security. Any woman who doesn't pursue an active role in her own financial future may find it thrust upon her when her husband is gone, and it's at that time that stakes are highest and the learning curve is steepest. Orman believes that this situation can be avoided if each woman gets her hands dirty and starts educating herself.
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Posted 7 Jan 2010