With years of experience, CFP, Bridget Grimes repeatedly witnessed female executives and managers fall prey to common financial pitfalls. Despite their high-earning power, she saw women, often with little time to spare, reward themselves with retail therapy, failing to focus on their long-term financial health. Bridget also observed financial advisors failing to account for situational considerations (like, underearning and time away from work) that are specific to women.
Compelled to help women take the reigns of their financial fate and helping them to live the life they deserve, Bridget identified the four common financial derailers women must know. They are:
Prioritizing what you want
Cash Flow Management
How you Manage your Career for the life you want
Having a Plan
During our conversation, Bridget and I discuss the disparity between the salaries of men and women; the shame and anxiety regarding finances; how writing down goals will increase your odds of reaching them; and tips for finding a great CFP.
To change your financial fate, go ahead and purchase Bridget’s book, Corner Office Choices. You can connect with Bridget by visiting: www.wealthchoice.com.
Bridget Grimes, CFP® is the President of WealthChoice, a boutique financial life planning firm for women executives, and Co-Founder of Equita Financial Network, a collaboration of women-led financial planning firms. She is also author of the Best Seller Corner Office Choices: The Executive Woman’s Guide to Financial Freedom. She believes in empowering women through education, collaboration, and support so that they have the confidence to take action for a better life.