Kathy Waite Regina Saskatchewan Fee only financial planning, Canada child benefit
Globe and Mail November 11th 2015
Kathy Waite, a fee-only financial planner in the Regina, Saskatchewan area, says not only
are women like this easy prey for fraudsters but they are also sitting ducks for financial professionals who wish to push their own products on them, even with the best intentions.
Click on the picture above to read the full article in Globe and Mail with my comments . Prevention is better than a cure .
Lets get organized and educate ourselves before it comes to this !
Waite says the best advice for women who find themselves at sea with their finances after the loss of a partner is to just do nothing for a while.
“I always tell them not to rush into any changes,” says Ms. Waite, who runs Your Net Worth Manager, a financial planning service with clients across Saskatchewan and, by remote, across Canada. “I encourage them to ask questions and to get any answers in writing. At the risk of sound self-serving, I would say, go look for someone who doesn’t sell things – someone who will just charge you for the advice and doesn’t have a vested interest in selling a product.”
She advises women to bring a friend – not necessarily a family member – to any financial meetings. She says often professionals will decide that “mom isn’t coping” and turn their focus to the relative.
Ms. Waite says it is easier for women to break finances into smaller goal-oriented chunks, such as living debt free and leaving money for children, rather than swimming against a tide of jargon
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Kathy Waite Fee only Financial Planning Saskatchewan Retirement income and lifestyle specialist and money ninja all round helpful person
Lets uncover your financial independence gap , that gap is where all the opportunity has been hiding.
Show me the money!
Pay down debt , invest in your future all the while enjoying a great lifestyle .
I will make you a beautiful easy to read report to help you stay on track.
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