Single women have plenty of company. In America, more than 66 million women are not wed. They are divorcees, widows and women who haven't married. Their financial issues have long been overlooked.
Unmarried women must manage finances for present and future needs. Unlike dual-earning couples, these women often survive on one income, which is often less than men typically earn. In addition like many women overall, single women often lack the financial schooling needed to ensure their money lasts through their life.
Although some media portray the single woman as fancy free, reveling in the latest fashions or lounging at a chic beach resort, single woman's reality may be different. Unlike dual earning couples, you typically survive on one income and may scrimp on extras to cover your food, housing and transportation costs. Indeed over a woman's lifetime, you may have pay as much as a million dollars than married couples pay on taxes, health care and various other services. At least at times you may have a little cash for the Caribbean cruises.
Joining us for our discussion on Money and Women is Jill Gianola , who is in Columbus Ohio. Jill is a published author, teacher, speaker, and nationally known financial planner, has seen first-hand how women who are equipped with the know how to make smart financial choices have changed their lives. Founder of Gianola Financial Planning, Jill's work has been recognized by such publications as Mutual Fund magazine, which named her one of the top 100 planners in the US and Money Magazine, which featured her advice in "Secrets of America's Top Advisors" She is the Co-author of Single Women and Money: How To Live Well On Your Income. Welcome back to Mastering Your Money, Jill Gianola