Look to Mom for Financial Advice

As we honor mothers this weekend, take time to get some advice from mom.  First, women are better savers…according to Fidelity women save 8.3% of their salary while men save 7.9%.  That little difference can add up to thousands and thousands of dollars over time.  Second, according to a recent Betterment study, women signed onto their accounts 45% less frequently and changed their allocations 20% less often than men.  Keep on saving every chance you can and keep it simple, sage advice from the women in your life.