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Women & Wealth

Empowering women to overcome scarcity mindsets

We all come to the table with different money baggage, misconceptions, insecurities and beliefs. By the time people meet with a financial advisor, some of these beliefs are deep-seated. The author of this article, Joan Fields, a Private Wealth Advisor, provided tips to help women who find themselves fighting a scarcity or “broke” mindset.

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Woman shopping for clothes, reading price tag

The higher cost of being a woman

Studies show that women have long been paying higher prices for consumer goods made and marketed for them than men. And tariffs may make it worse. While affluent women may be able to absorb the price difference, low-income women can't. This not only affects individual women but the larger economy as a whole.

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Women are redefining philanthropy amid ‘Great Wealth Transfer’

While billionaires like MacKenzie Scott and Melinda French Gates may garner headlines, they aren't the only women giving away their fortunes. See why strategic giving is a driving force for many women to build wealth in the first place.

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Graphic of women at the foot of a staircase with a flag at the peak
  • two thirds

    Women will control an estimated two-thirds of wealth in the US by the end of this decade.

  • one half

    Only half of women—compared to more than two-thirds of men—feel confident about managing investments.

  • It’s time for women to take control of their finances and live the lives they want.

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