As a woman, you have financial needs that are unique to your situation in life. Perhaps you would like to buy your first home. Maybe you need to start saving for your child's college education. Or you might be concerned about planning for retirement. Whatever your circumstances may be, it's important to have a clear understanding of your overall financial position.
You probably recognize the importance of having adequate health insurance for yourself and your family. But are you aware of all your options, and do you understand them well enough to make the right choices? If not, a crash course in the most common sources of health insurance may be helpful.
It's easy to see how inflation affects your daily life. Gas prices are higher. Electric bills are steeper. Wallets are thinner. But what inflation does to your investments isn't always as obvious. Let's say your money is earning 4% and inflation is running between 3% and 4% (its historical average). That means your so-called "real return"--the stated return minus inflation--is only 1% at best. After you subtract any account fees, taxes, and other expenses, you could actually end up with a negative number. What can you do to keep from losing the race against inflation? One way is to buy investments that are designed to keep pace automatically.