On your road to building wealth, you may choose to engage financial professionals for guidance. Seeking out professional advice will include fees and expenses, so use care when selecting the appropriate services. There is a variety of financial professionals to choose from, including financial planners, investment specialists, accountants, attorneys, insurance agents, and bankers. Understanding the roles, expertise, and credentials of these individuals can help you select the most appropriate individual or team for your specific financial needs.
This 4-page fact sheet was written by Brenda C. Williams, Diann Douglas, Martie Gillen, and Lynda Spence, and published by the UF Department of Family Youth and Community Sciences, July 2013.
http://edis.ifas.ufl.edu/fy1370
Tag: Women and Money: Unique Issues series
Women and Money: Unique Issues: Your Money Matters
Couples considering a future together should discuss money before they marry. Discussing money may not be the most romantic gesture, but this is an important conversation to have early in a relationship and to continue to have throughout your marriage.This 4-page fact sheet was written by Diann Douglas and Martie Gillen, and published by the UF Department of Family Youth and Community Sciences, September 2013.
http://edis.ifas.ufl.edu/fy046
Women and Money: Unique Issues: Protecting Your Assets
Protecting your assets is similar to managing your risks. Managing risks means identifying and evaluating instances where you may experience a financial loss and then making a plan for how to deal with the situation. This publication shares some common ways you can protect your assets by purchasing different types of insurance, being aware of identity theft or fraud, and monitoring your credit reports. This 4-page fact sheet was written by Lynda Spence, Martie Gillen, and Diann Douglas, and published by the UF Department of Family Youth and Community Sciences, July 2013.
http://edis.ifas.ufl.edu/fy1375
Women and Money: Unique Issues: Money and the Family (FCS7250/FY1354)
Ask any parent and he or she will tell you — it costs money to raise children. Taking into account inflation, a middle-income family may spend more than $295,000 to raise a child born in 2011 to the age of 17. This is not a small amount of money, so you will need to know the types of expenses required to raise your family. This 5-page fact sheet reviews the costs associated with raising children and gives you tips on how to teach your children about finances. By knowing the costs of raising your family and setting up a budget, you can teach your children money management skills that will help them throughout their lives. Written by Lynda Spence, Martie Gillen, and Diann Douglas, and published by the UF Department of Family Youth and Community Sciences, March 2013.
http://edis.ifas.ufl.edu/fy1354
Women and Money: Unique Issues – Finances in a Divorce (FCS7247/FY1349)
Separation and divorce impact family financial management on multiple levels. Women going through a divorce will have reduced resources and the added expenses of the divorce process. If you are going through a divorce, you should carefully examine the financial factors listed in this publication. Also, you should know that sensible planning may help to lessen the financial stress associated with the transition from marriage to divorce. This 7-page fact sheet was written by Lynda Spence, Martie Gillen, and Diann Douglas, and published by the UF Department of Family Youth and Community Sciences, January 2013.
http://edis.ifas.ufl.edu/fy1349