We are all powerless as children, and money looms so powerfully... we don't grow up to claim our financial power until we look money directly in the eye, face our fears, and claim that power back.
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.
If there is anyone dependent on your income - parents, children, relatives - you need life insurance.
Here's what's interesting about women. When it comes to their babies, when it comes to their children, they become these financial warriors like I have never seen before. They will not turn their back on the battlefield.
If you're financially responsible, your children have a much better chance to grow up financially responsible.
What women need to understand is that you cannot save a child if you can't save yourself.
Women are fighters. They will fight and fight and fight to get what they need, especially if they have children.
Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant.
If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.
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