I would like to thank YWCA Cass Clay and Thrivent Financial for Lutherans for hosting the Empowering your Financial Future event tonight. Many times when we think of the YWCA we think of the work they do with the womenâ€™s shelter. But part of their mission statement is Empowering Women and that means all women.
It was a great presentation with information for women to think about their finances and resources if they have questions. Surveys show that today in many families the women write the checks and pay the bills, but may not know about the families financial situations. They pay the bills, but rely on their husbands to take care of the finances.
It is important for women to be financially savvy. The number one reason for impoverishment of women is loss of their husbandâ€™s benefits because of death or divorce.