Join Lynn Kitchen on Fridays for the “Money Talks” for Women “LIVE” Podcast, “Let’s Talk Money”
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Watch Episode 7, “Let’s Talk Money” (Airdate: March 3rd, 2023)
In this episode live with Lynn on Fridays “Let’s Talk Money”
Money Worries: Do You Have Them?
I experienced firsthand how much women worry about money during my first career as a professional investment advisor.
As part of my “getting to know you” questions, I would often ask new clients what their biggest money fear was. It was always interesting to me that the most common response from women, even those with substantial wealth, was the fear that they would outlive their money.
Not having enough money to sustain a long lifespan was the #1 worry.
Recently, I found a Gallup Survey from 2000 that corroborated this and I think it applies to 2023. It validates the work I am doing at “Money Talks For Women” to support women to become more money savvy.
Women’s Most Pressing Concerns
The survey asked American women the following question: “Thinking about your own life — what is the biggest challenge you personally face in your daily life today?”**
The results show that women have a wide variety of issues that challenge them as they go about their daily lives, but that several — particularly economic issues and family concerns — dominate. Additionally, these concerns vary significantly, particularly by age and life situation.
The Top Seven Concerns Are:
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