These days most people are responsible for their own retirement savings. High schools don’t have required classes on 401(k)’s and Independent Retirement Accounts (IRA’s). And colleges usually don’t teach anything either.
We as women encounter stereotypes when it comes to money and finances. Financial literacy is defined as being able to understand and use personal finance fundamentals to have a healthy relationship with money. If we don’t have this education that goes with financial literacy, we limit the opportunities and restrict us from growing.
With the summer months people are planning vacations, paying for summer camps for the kids, or getting ready to send your child to college for their freshman year. Summer is full of fun! But, amidst all that fun comes how to pay for it all. It can be easy to mentally check out on your money goals.
Some consumers may not be familiar with the elementary structure of an annuity. Purchasing an annuity is an investment in the future. Annuities can provide protection and build generational wealth and secure financial stability.
