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Look to Mom for Financial Advice

mom knows best

mom knows bestAs 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.