TEN THINGS WOMEN SHOULD KNOW ABOUT THEIR FINANCES

Women now make up roughly half of the country’s wealth holders and represent over $14 trillion in wealth. The next step for this affluent group is acquiring knowledge on how to deal with this wealth. Over the next few weeks, we’ll be posting 10 tips from Wells Fargo that will help you with what you need to know.

If you haven’t already done so, sign up for the WISE breakfast forum on Feb. 3 titled “The Power of Her Money” with Cara Peck, Wells Fargo Executive Vice President, Head of Retail Intermediary Sales Asset Management Group. Sign up today at http://www.wise-investors.org/

1. PUT MONEY IN YOUR NAME. Every woman needs a pot of money to call her own. You should be able to purchase a gift without your partner knowing what it costs. Other times, you may need access to cash, when joint accounts can be frozen. Make sure your credit history remains active as well. Your rating can lapse in as little as six months.  

- Compliments of Wells Fargo

For more financial articles and tips, go to http://wise-investors.org