{"id":1593,"date":"2019-06-14T10:07:17","date_gmt":"2019-06-14T15:07:17","guid":{"rendered":"https:\/\/briofp.com\/?p=1593"},"modified":"2019-06-17T10:10:07","modified_gmt":"2019-06-17T15:10:07","slug":"are-you-a-clueless-spouse-when-it-comes-to-finances","status":"publish","type":"post","link":"https:\/\/briofp.com\/are-you-a-clueless-spouse-when-it-comes-to-finances\/","title":{"rendered":"Are You A Clueless Spouse When It Comes To Finances?"},"content":{"rendered":"

\"\"In my work helping single women make sense of their money and their taxes, I frequently talk to women who used to be married, but are not now.<\/strong><\/p>\n

If you are a married woman, the odds are high you will not be married in the future.<\/strong><\/p>\n

Longer lifespans for women and increasing rates of divorce among those over 50 mean that many married women will inevitably become widows or divorcees. Eighty per cent of women will end up solely responsible for their finances, often for a decade or more.<\/strong><\/p>\n

Some are ready for this responsibility – many are not.<\/strong><\/p>\n

I have spoken to widows who haven’t seen a bill in decades.<\/strong> Divorcees who lived in nice houses, drove nice cars, went on lavish trips who were shocked to find out their actual wealth was minimal.<\/strong><\/p>\n

Recently UBS surveyed hundreds of divorced and widowed women about the financial challenges they faced on their own. You can read more about the survey here<\/a><\/strong>. (I do not have any affiliation with UBS)<\/p>\n

A full 98% of the surveyed widows and divorcees encourage other women to take a more active role in finances.<\/strong><\/p>\n

Some statistics:<\/p>\n