Goal Setting: Achieving Your Financial Resolutions This Year
Author: Aaron May, Advertising Coordinator

2016 Year End Tax Planning
Author: Amelia N. Proctor, CPA, Senior Vice President, Trust Business Development Officer

All About IRAs
Author: Curtis Hinshaw, TBT Financial Services, Guest Blogger

And Now for Something Completely Different
Author: Kimberly Spinks

Thinking Forward: A New Way to Look at Personal Finance
Author: Aaron May, Advertising Coordinator

Women and Work: Why Salary, Benefits, and Work-Life Balance Count
Author: Amy Proctor

Women and Estate Planning Basics
Author: Mitzi Bjork, Financial Advisor

Elder Abuse & Senior Scams: What You Need to Know
Author: Kristen Ishihara

Determining the Need for Long-Term Care Insurance (LTCI): How Much Is Enough?
Author: Jerry Martin, Financial Advisor

Women: Planning for the Financial Impact of Children
Author: Amy Proctor

Converting Savings to Retirement Income
Author: Curtis Hinshaw, TBT Financial Services, Guest Blogger

Student Board of Directors Experience
Author: Bethany Simmons

Raising Money Smart Kids
Author: Tammy Gage, Community Relations Officer

Banking on the Future of Texas Communities
Author: Rogers Pope, Jr, Vice Chairman and Chief Executive Officer

Spring Cleaning for Your Personal Finances
Author: Aaron May, Advertising Coordinator

Women's History in Banking
Author: Tawny Browning

Staying Connected Through Social Media
Author: Sherry Gibbon, Vice President, Community Relations and OMNI Manager

Did you ever think that you would be able to ‘Pay’ with a watch?
Author: Sheri Parish

Wide Angle Lens
Author: Kimberly Spinks

12 Resolutions for 2016
Author: Amy Proctor


How We See It

Charlotte Anderson

Charlotte Anderson

March 16, 2012

Women: Get Involved in Your Financial Life
By: Charlotte Anderson, Financial Advisor - TBT Financial Services

Many women investors feel ignored or intimidated by the financial planning process, but that shouldn’t keep you sidelined, especially since the stakes are so high. These decisions could have an impact on your quality of life for decades. In fact, 90% of all women will have sole control of their finances at some point in their lives. You need to be intimately involved in any decisions that affect your money, and that starts with taking a proactive role.

  1. Work with a financial advisor who can address the unique needs of female investors. For example, you may need to save more because women tend to live longer and are more likely to have careers interrupted by caring for children or aging parents.
  2. Get and stay organized. Take inventory of all existing accounts and benefits, including current and future income. Get a true handle on how much money you have in various places, then develop a will and keep it up to date.
  3. Become literate about long-term financial planning. Your advisor will be an excellent resource to help you understand risk, diversification, asset allocation and other terms that will put financial planning into context.
  4. Participate and plan. Be honest with your financial advisor about what your goals are for yourself and your family. Be open to new investment ideas and ask questions until you’re satisfied with the answers.
  5. Keep up with your portfolio. Know what you own and monitor its growth to maintain an asset allocation designed to help reach your goals. That will put you in a position to make changes or ask relevant questions in a
    timely manner.

I have heard so many times, “my husband takes care of all that.”  Don’t you think you should know what “all that” is so you can be prepared should something happen to him?  Whether it be divorce or death, face it ladies, most of us are going to be in charge of our own finances at some point in our lives!!  Don’t wait until a time of sorrow and stress to educate yourself.


About TBT

Who We Are Join Our Team People Who Make a Difference TBT Spirit of Giving Contact Us Site-Map

Helpful Links FDIC Consumer News FAQs

Consumer Protection

Fraud Protection Center FDIC Update Privacy / Security Disclosures
Member of FDICAn Equal Housing Lender
Powered by Encore Multimedia.