Financial tips help students avoid credit card debt
News from Tulsa World:


Related Story: Student loan debt averages more than $ 25,000



It’s a Michael Kors watch, priced at $ 195. That’s a steep price for a watch when you’re a college student, so Wilson – acting on her mom’s advice – mapped out a plan to make the purchase.

Now that she’s begun a fall internship at WPX Energy Inc., she was able to save up and buy it last month with cash.

That’s because of one financial lesson she’s already learned – you’re happiest when you don’t owe anyone money.

“I wouldn’t say it was easy,” said Wilson, a junior management major at the University of Tulsa. “There were definitely other things that could have been prioritized. I definitely slept on it for a long time. It was more of a waiting game, and I just waited.

“I love it. The only time I take it off is to shower. I’ve gotten a lot of compliments on it. One day I hope to invest in a gold one.”

Wilson has learned what many other college studen…………… continues on Tulsa World

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What Women Want From A Financial Advisor
News from San Francisco Chronicle:

In the traditional financial services sector, women have been categorically ignored. Advertising speaks to the men, with insurance spots telling men how to provide for their families and brokerage ads showing off their cool tools and apps. Women remain an underserved group of investors. If you are a smart advisor, though, you will embrace female clients, as they are the main money managers in most families. They also outlive their male counterparts, on average, and have longer investment horizons. But how does managing women investors differ from serving men?

Women in Finance
In 2010, CAIM LLC surveyed over 500 American women for their study, entitled What Women Want: Understanding The Modern Female Investor. The study recognized that women in North America directly control 33% of all wealth on the continent and influence much of the rest. Women are also more likely than men to seek financial advice. Women in lower income households reported that they were more concerned with basic financial products, such as insurance and college savings, whereas higher-wealth respondents sought more help with…………… continues on San Francisco Chronicle

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