Published: August 10,1998
Chances are you`ve earned your own money. It`s very likely that you spend your own money. So why not consider investing your own money?
If you are like many married women – even those employed outside of the home – the majority of your assets may be kept in joint accounts. For today, and perhaps for years to come, that may be an easy and uncomplicated way to arrange your family`s finances. But, what happens if you hit a bump in the road, like divorce or death of your spouse?
According to American Demographics, April 1996, three of four women are single when they die. While that`s an unpleasant statistic, it`s one that needs to be faced realistically. You must prepare for the day when you could be managing your finances on your own – either due to the death of your husband or divorce. This preparation supports the case for having your own investments now.
In addition to a couple of the most important payoffs – being an educated, informed investor and having financial independence – there are some other ways you can benefit from having individual investments.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- College Board names Glenn Boyce as higher education chief
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- Deepwater Horizon Five Years Later — Restoring the Mississippi coast starts with a strong foundation
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Chancery Court’s interpretation of ‘public use’ will guide ruling on Westin money
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)
- THE SPIN CYCLE — Key results from Pew’s social media survey