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I am working on designing a website for women. Below is my banner and context on the home page. Hopefully soon I will be launching this site. Feedback????



Welcome to Power Women!
This website is dedicated to women in search of Financial Freedom. Whether you want to get out of debt, save or invest more money, buy your first home, start your own business, go back to school, travel more often, buy a new Gucci bag without feeling guilty...this is the group you want to join! As single women, we have to make ends meet with just one income. Many of us enjoy the finer things in life, but we don't know how to obtain them without digging ourselves into credit card hell! Let's talk about MONEY....let's talk about how to save, how to spend, how to budget! Most importantly...let's encourage each other through learning and sharing i

           

The Consequences Can Be Serious
1. Almost 1 in 4 women are broke within two months of their husband's death.
2. Over 75% of all women are widowed at an average age of 56.

3. 53% of women are not covered by a pension compared to only 22% of men.
4. A staggering 87% of the poverty stricken elderly are women.

The statistics are disturbing, but it's never too late to start taking control of your financial future. Here are three steps to reach financial freedom.

Assessing Financial Health
1.   An assessment of your financial health involves four essential elements. First, you need to determine where you stand financially before making major financial decisions. Second, organizing your financial records and statements is critical prior to embarking on an investment plan. Third, determining your cash flow will show how and where you spend your money. And fourth, calculating your net worth will provide you with a complete financial picture and help you make smart financial decisions in the future.

Why Financial Needs Are Different
It may be difficult to believe that women's financial needs are all that different from men's. However, while the general principles of financial planning apply to both genders, women face unique challenges that translate to different financial needs. Consider the following facts:
1. Women live longer than men (approximately 7 years), so they need to save 20% more for retirement.
2. On average, women earn 25% less than men.

JOB = J-Just O-Over B-Broke

Recession forces some to file early for Social Security
Social Security is the sole source of income for 42 percent of single women over the age of 62, and older single women fall into poverty at a higher rate than most demographic groups in the country. The poverty rate for elderly single women is 23 percent, compared with just 5 percent for married retired people.