Using Power to Create Financial Success - Ep.22

There are many academic and non-academic studies that talk about the power that women have over money.  A recent 2013 study that showed that 40% of households with children under the age of 18 were headed by breadwinning women.  That's four times higher than the number of breadwinning women who headed their households in 1960.  Along with earning more, women are taking control of their family's finances.  In marriages where the wife brings home a bigger paycheck, the woman is twice as likely as her husband to make the financial decisions.  This is good because when we take over the finances, we are developing essential skills that will be relevant for our entire life.  At Financially Empowering Women, our goal is to help you acquire knowledge and develop your financial skills.  While the skills are similar for both men and women, we know that women often approach finances differently than men and today’s guest agrees. Sharon Lechter, CPA, CGMA, is an international expert on money and entrepreneurship as well as a respected author, philanthropist, educator, and international speaker.  She is the founder and CEO of Pay Your Family First, a financial education organization.  She served both Presidents Bush and Obama on the first President’s Advisory Council on Financial Literacy.  In 2013, she led an initiative to change the laws related to financial literacy education requirements for high school graduation in Arizona.  Consistently recognized for her tireless work for women, she was honored with the Positively Powerful Women award for Philanthropic Leadership, selected by the Phoenix Business Journal as one of its 25 Dynamic Women in Business, and awarded 2013 Woman of the Year by the National Bank of Arizona.  Connect with Sharon: Website: http://www.sharonlechter.com/ More info on the book: www.sharonlechter.com/women Facebook: https://www.facebook.com/AuthorSharonLechter Twitter: https://twitter.com/sharonlechter

An episode of the Financially Empowering Women podcast, hosted by Baron Financial Group, titled "Using Power to Create Financial Success - Ep.22" was published on May 20, 2015 and runs 47 minutes.

May 20, 2015 ·47m · Financially Empowering Women

Summary

There are many academic and non-academic studies that talk about the power that women have over money.  A recent 2013 study that showed that 40% of households with children under the age of 18 were headed by breadwinning women.  That's four times higher than the number of breadwinning women who headed their households in 1960.  Along with earning more, women are taking control of their family's finances.  In marriages where the wife brings home a bigger paycheck, the woman is twice as likely as her husband to make the financial decisions.  This is good because when we take over the finances, we are developing essential skills that will be relevant for our entire life.  At Financially Empowering Women, our goal is to help you acquire knowledge and develop your financial skills.  While the skills are similar for both men and women, we know that women often approach finances differently than men and today’s guest agrees. Sharon Lechter, CPA, CGMA, is an international expert on money and entrepreneurship as well as a respected author, philanthropist, educator, and international speaker.  She is the founder and CEO of Pay Your Family First, a financial education organization.  She served both Presidents Bush and Obama on the first President’s Advisory Council on Financial Literacy.  In 2013, she led an initiative to change the laws related to financial literacy education requirements for high school graduation in Arizona.  Consistently recognized for her tireless work for women, she was honored with the Positively Powerful Women award for Philanthropic Leadership, selected by the Phoenix Business Journal as one of its 25 Dynamic Women in Business, and awarded 2013 Woman of the Year by the National Bank of Arizona.  Connect with Sharon: Website: http://www.sharonlechter.com/ More info on the book: www.sharonlechter.com/women Facebook: https://www.facebook.com/AuthorSharonLechter Twitter: https://twitter.com/sharonlechter

Episode Description