Over my years as a wealth advisor, I’ve found that women and men ultimately have the same objectives when planning their finances — to grow and preserve their wealth as much as possible and sustain it for future generations. I always have seen that good communication and planning play a critical role in successfully reaching financial goals.
Discussions about finances can be uncomfortable. But money should not be an impolite topic. When it’s treated this way, more often than not, it means women are less informed about the family’s wealth, especially since men are still the predominant bread-winners.