

Such attacks make it much more likely that an insurance provider must pay out on claims. The increasing costs and prevalence of ransomware and other types of attacks are two reasons for the price jump. Subscribe to her biweekly Resilience Tips and follow her on LinkedIn, Twitter, and Instagram. She helps people strengthen their personal leadership and overcome the impossible through her content, tools, and strategies. Pichi Bellingrath McClure is a resilience expert. By doing so, we change the system for the better - one woman at a time.

Once you can protect yourself through financial security, share that knowledge and empower and protect your mothers, sisters, and daughters. Until that glorious day, we can level the playing field through career advancement, financial literacy, and investing. We have not closed the financial disparity between women and men yet. One day soon, we women will earn equal pay for our great impactful work in society and the world. We will never be able to predict the future, but we can financially prepare and possess security and peace of mind. There’s no time like the present to stand up, be in control, and take charge of your financial future. Once you cross the threshold of financial insecurity and fear, you will be stronger, smarter, and emboldened for any unforeseen situation that comes your way.

The only way to overcome fear is to engage what you fear. No one needs to be an expert, but you need to know the lexicon and basics of finance to know if you’re getting the right advice.įor many women, the thought of managing money is intimidating, even frightening. Fortunately, the upside is that you don't have to be Albert Einstein to learn the tools of financial independence. The brutal reality is that nobody’s going to be more concerned about your money than you. American Association of Individual Investors.
#Financial security free#
Many free tools teach the pillars of personal finance, such as budgeting, saving, investing, and retirement planning. There is a plethora of information available. Financial tools level out the playing field with regards to workplace discrimination and unforeseen emergencies. Financial tools are there for you to learn, master, and apply, so you can build security. These soldiers labor for you when you work, when you have fun, and even when you sleep.įinancial tools are impartial, are blind to gender, sex, and skin color, don’t discriminate, and have no prejudice. You can picture it as if there are financial soldiers working for you around the clock. He supposedly declared that “compound interest is the most powerful force in the universe.” It works 24 hours a day. Historically, you will double your money every seven to ten years.Īlbert Einstein knew that compound interest had the potential to transmute and embolden lives.
#Financial security generator#
Compound interest is a powerful money generator over time, as one makes interest on the principle amount and on all accrued interest. A one-time $5,000 investment earning 7% interest compounded annually will grow to $19,348,42 over a 20-year period. There are also tools to help women investors grow their portfolios. First, we need to be proactive to increase our value to our organizations. How do we level out the playing field? It’s twofold. In short, we have less money to work with from the start to help us recover from an emergency. As women don’t possess as much financial power, we cannot recoup as easily from unforeseen events. Second, life’s bad luck strikes everybody, but for women, it is compounded. First, women lose out on earning an equal salary.
