By Manisha Thakor
One of the great strengths of women throughout history is the role that we play in creating communities based on knowledge. Women have a long and rich track record of sharing advice on a vast range of topics, including child rearing, business and spirituality.
Yet I’ve noticed that few women share information with each other on personal finance topics, even though it is such a large part of our lives.
Are there money lessons you wish someone shared with you 20 years ago? If so, are there younger women in your life you could share those lessons with today? If this answer is yes, you are in the perfect position to pay it forward. Here are some key areas I recommend talking about with the women in your life:
Henry David Thoreau said, “Goodness is the only investment that never fails.” Life has given you a wealth of financial knowledge – much of it hard won. While your message will vary depending on the age and phase of life of the person you are talking to, you can literally change a woman’s life by sharing your wealth of knowledge and paying it forward.
Manisha Thakor (Harvard MBA, CFA) is founder and CEO of MoneyZen Wealth Management, which provides integrated, holistic financial life planning and investment management for women and families. She is a frequent commenter on issues of financial literacy and co-author of two books on personal finance.
The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons. Past performance does not guarantee future results.
Manisha Thakor is not affiliated with the TIAA-CREF organization.
TIAA-CREF Individual & Institutional Services, LLC, Teachers Personal Investors Services, Inc., and Nuveen Securities, LLC, Members FINRA and SIPC, distribute securities products.
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