Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

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Place Image Cary Carbonaro, CFP, MBA @CaryCarbonaro Women, the Workplace & Money: How to Take Action Today & Plan for Tomorrow #LCW2016 #WomenInMoney Cary Carbonaro is not a representative of Experian. United Capital is not endorsed, retained nor affiliated with Experian.

Transcript of Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

Page 1: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

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Cary Carbonaro, CFP, MBA

@CaryCarbonaro

Women, the Workplace & Money: How to Take Action Today & Plan for Tomorrow

#LCW2016

#WomenInMoney Cary Carbonaro is not a representative of Experian. United Capital is not endorsed, retained nor affiliated with Experian.

Page 2: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

2 © 2015 Experian Information Solutions, Inc. All rights reserved. | Experian Confidential.

Women have a unique relationship with money

Page 3: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

3 © 2015 Experian Information Solutions, Inc. All rights reserved. | Experian Confidential.

Women make decisions differently

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Compared to their male colleagues, women are LESS

likely to…

Plan for their financial future

Negotiate benefits and compensation

Advocate for a promotion and personal accomplishments

Feel comfortable/confident making financial decisions

Have a backup plan

Page 5: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

5 © 2015 Experian Information Solutions, Inc. All rights reserved. | Experian Confidential.

Compared to their male colleagues, women are MORE

likely to…

Invest conservatively or not all

Save less

Live longer

Have shorter careers

Live in poverty during retirement

Rely on social security

Page 6: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

6 © 2015 Experian Information Solutions, Inc. All rights reserved. | Experian Confidential.

Many studies highlight the gender gap in the workplace

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More studies point to the growing problem of “work/life balance”

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The Money Queen is here to help you do something about it!

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10 things you can start doing today

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Commitment

#1 know your money personality

Fear Happiness

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#2 Know your worth #2 know your net worth

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#3 inflation hurts

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#4 maximize your employee benefits

Experian Sharesave – Employee stock purchase plan

401k – Experian matches 100% of your pre-tax contributions up to 4%

Wellness reimbursement & health screenings

Tuition reimbursement program

Pre-tax commuter & parking benefits

Pet insurance, legal insurance, business travel accident insurance

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#5 know how to improve your credit

Experian Credit Tracker – free for Experian employees!

ProtectMyID – free for Experian employees!

Discounted for family members of Experian employees

Page 15: Women, the Workplace and Money: How to Take Action Today and Plan for Tomorrow ft. Cary Carbonaro

15 © 2015 Experian Information Solutions, Inc. All rights reserved. | Experian Confidential.

#6 know your budget

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#7 be honest

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#8 get a plan

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School

#9 teach your children financial

literacy

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#10 don’t be afraid – start now!

#10 conquer the fear - start now!

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Resources

Digital Resources

www.MoneyQueensGuide.com

www.UnitedCp.com - Retirement Checklist

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© 2015 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used

herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other

product and company names mentioned herein are the trademarks of their respective owners.

No part of this copyrighted work may be reproduced, modified, or distributed in any form or

manner without the prior written permission of Experian. Experian Confidential.

Save the date: March 16 #CreditChat Cary Carbonaro - Experian’s #CreditChat

“Women & Money- How to Build Wealth & Banish Fear”

3:00pm ET

The chat will take place on Twitter and Blab.im.

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Questions? Send in your questions via Twitter or Periscope using #LCW2016

Connect with me!

[email protected]

@CaryCarbonaro

#LCW2016

#WomenInMoney