Overall, the study reports that women lag behind men in money management skills and investing - the very basics of financial fitness. Sadly, only 16% of women report that they have
Well the only good thing about a stock market decline is that we owe LESS taxes on the earnings...ahem, I mean on the lack-of-earnings. In fact, it gets better. We can (and should) take up to $3,000 of losses over and above those which offset our capital gains, as a tax loss.
Many women fear becoming a bag lady in this troubled economy and are searching for ways to spend less to better ensure their money lasts as long as they do.Because we cannot control the economy or the stock and bond markets' rise or fall, we may be tempted to live our lives as if this current state of contraction would last our lifetimes. Surely it will not.