Only 23% of women take charge of such long-term financial planning decisions. Something has to change.

Most women are already involved in all the other aspects of property buying, mainly choosing which schools to send the children to, the aesthetic look of the house and neighbourhood, and even surveying the neighbours they’ll be living with.

​

But when polled, a recent UBS Global Wealth Management study showed that only 23% of women take charge of such long-term financial planning decisions and 58% of them defer to the men in their lives to make such decisions. Only a small handful make decisions equally.

​

In the same study, the families who do make decisions together report that the women involved have higher confidence in their financial future, make fewer mistakes, and are less stressed about their finances. All important factors that determine a healthy family relationship dynamic.

​

Another great reason why women should be involved in dollars and cents when planning, is that they tend to be better investors. They spend more time researching and tend to take on appropriate amounts of risk when investing – both good measures of successful investing. And when a family’s residential property makes up 60+% of the family’s net worth, more time deciding and being prudent in determining risk should be the way forward.

​

So how should you get involved? Read the Opinion below to find out ⬇️

​

https://seedly.sg/opinions/why-women-should-tak...?