A man is not a plan: our special report shows why it pays for black women to master their finances.IF YOU GO TO WIFE.ORG, THE WEBSITE FOR THE WOMEN'S INSTITUTE FOR Financial Education, you'll find a bevy bevy a flock of birds. of financial advice and an opportunity to get a free bumper sticker bumper sticker n. A sticker bearing a printed message for display on a vehicle's bumper. bumper sticker n → Aufkleber m with the slogan: "A man is not a plan." Some may think it's feminist jingoism jingoism (jĭng`gōĭzəm), advocacy of a policy of aggressive nationalism. The term was first used in connection with certain British politicians who sought to bring England into the Russo-Turkish War (1877–78) on the side of the . However, the maxim means much more. It's a clarion call clarion call Noun strong encouragement to do something for women to develop a solid plan to secure their financial future and not to leave that responsibility to their husbands or significant others. Whether you're married, single, or divorced, the responsibility for your financial life rests with you. Look no further than the starts to confirm the Website's edict A decree or law of major import promulgated by a king, queen, or other sovereign of a government. An edict can be distinguished from a public proclamation in that an edict puts a new statute into effect whereas a public proclamation is no more than a declaration of a law . According to WIFE.org, women live longer than their male counterparts (those who reached 65 in 2000 are expected to live another 19.2 years versus 15.8 years for men), and on average, women spend 11.5 ears out of the workforce during their lifetime, which accounts for a huge loss of income and retirement savings. And situation is even more challenging for African American African American Multiculture A person having origins in any of the black racial groups of Africa. See Race. women. A Heinz Foundation study showed that half of all minority women had no money saved for retirement, with most hampered by inadequate income levels, lack of access to financial experts, and fear of losing money due to an inability to properly manage their resources. Of course, not all black women face such dire circumstances. In fact, a good number are sophisticated investors. But most--especially in these uncertain times--need to fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. their portfolios as well as map out a long-term strategy. That's why our editors developed this comprehensive package--to show you how to save, spend, and invest your money for maximum advantage. Because every woman's situation is not the same, we provide specific, step-by-step advice to women who manage the following households: * Single * Single parent * Married With Children * Divorced * Widowed * Retired Read the following 12 pages to find out how you can map your individual path to financial freedom. |
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