Single women today are anxious about their finances according to Northwestern Mutual’s 2016 Planning & Progress Study. Financial anxiety runs high among singles — particularly single women — who are more likely than single men or married people of either gender to say they experience a moderate or a lot of anxiety about their personal financial security.
The good news is, financial anxiety could be cured with some basic financial planning. Chantel Bonneau, wealth management advisor for Northwestern Mutual, says women can beat the financial blues — just consider the following:
Bonneau says every woman’s situation is different and one philosophy doesn’t work for all. “Evaluate your own habits and follow an individual plan that you can execute. Maximize the opportunities you have or can create — this will help propel your financial future.”
Interview by Mavian Arocha-Rowe
Photo by Alexandru Zdrobău
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