Category: Financial Empowerment

When youths get close to aging out of foster care, it’s important to plan for emancipation. Aging out of foster care — or emancipating — is the termination of court jurisdiction over youths formally in foster care. U.S. federal law requires a transition plan to be established six months before a youth’s 18th birthday, but… Continue reading Financial Empowerment for Youth Who Age Out of Foster Care

You may think you don’t need a financial advisor if you’re not rich, but the truth is that, depending on your situation, having one may benefit you. For many people, the expert advice and guidance they receive from working with one of these professionals far outweigh the costs. Learn whether you could benefit from a financial… Continue reading Do You Need a Financial Advisor If You Aren’t Rich? See What the Experts Say

In an unpredictable economy marked by ongoing layoffs and inflation, women across all generations may feel as though reaching their financial goals is a journey riddled with roadblocks. No matter the kinds of goals women have, generations they belong to or personal situations they are in, women can reach these goals and achieve financial freedom. Some steps… Continue reading 6 Steps Women Can Take Toward Their Financial Goals in 2023

A recent GOBankingRates survey of over 1,000 women found that an alarmingly high percentage of women — 57% — are not investing. The survey also found that the most common investment vehicle among women is a workplace retirement plan, such as a 401(k) or 403(b), but only 17% are taking advantage of these accounts. Find… Continue reading Fewer Than 1 in 5 Women Is Saving in a Workplace Retirement Account: Why That’s a Mistake