I learned a lot of great things at Saturday’s Worth It! The Money Conference for Women. The presenters discussed everything from investing to entrepreneurship but I think one of my biggest takeaways came during Karen Lee’s keynote presentation. She said a few simple words that resonated with me and almost every woman in the room: “A man is not a plan.”
Many of us started thinking about our weddings and future husbands from a very young age. Marriage is the focal point of the Disney movies that little girls watch endlessly and the episodes of Say Yes to the Dress that we DVR as adults. I have several amazing friends who are smart, beautiful and independent who are still hoping that they’ll get married to someone who will take care of them and their finances. I don’t think there’s anything wrong with marriage or marrying someone who’s a good provider, but it’s a shame that there are many well-educated, single women who aren’t learning how to take control of their finances.
While the search for the guy of our dreams continues, why not invest in ourselves and learn how to properly manage our money? Investing, saving, planning for retirement and purchasing real estate are things we shouldn’t put off because we’re single. We need to prepare for our futures whether or not a man is in the picture. Books like Women & Money: Owning the Power to Control Your Destiny and websites like the Women’s Institute for Financial Education (where you can order a free “A Man is Not a Financial Plan” bumper sticker) do a great job of demystifying personal finance for women.
Ladies, what encourages you to take control of your money or what’s holding you back?