Entries by Cynthia Fick

Money talk before marriage: 5 things to know about your spouse’s finances – by Cynthia Fick, Founder and President of Financial Life Planners

Before tying the knot, it’s essential to get to know your future spouse financially as well as romantically. Here are five things everyone should do, says financial planner Cynthia Fick, before combing finances. Assess each other’s money habits: “It’s OK that you are different,” Fick says. “But you want to figure out if you are […]

Study: Women save half as much as men – by Cynthia Fick, Founder and President of Financial Life Planners

PHOENIX (KPHO/KTVK) – Statistics show women are less prepared to retire than their male counterparts. A recent BMO Harris Bank study shows women, on average, only save about half as much as men do. And unmarried women are the least likely group to save for retirement. “Within a day, I lost all my retirement,” said Deborah […]

Financial Well-Being: The Sisterhood of Money – by Cynthia Fick, Founder and President of Financial Life Planners

Cynthia Fick is a financial planner who decided to approach her business and her clients in a creative way, recognizing that the way women think about money, and about how much or little of it we feel we “deserve,” can make all the difference. One of the exercises she believes in is insisting that people first […]

How Money Wise Are You?
 – – by Cynthia Fick, Founder and President of Financial Life Planners

Women control half of the wealth in the United States, yet studies have shown that many of them are convinced they are lacking when it comes to understanding finances. Too often, in their eyes they aren’t capable of making prudent investment decisions. But that’s simply not true, says Cynthia Fick, author of the book “The […]

Women and the Nation’s Wealth – by Cynthia Fick, Founder and President of Financial Life Planners

Over half of the wealth in the United States now lies in the hands of its women. In fact, we are the single largest economic force in the country. How are we doing? Even though we handle 75% of the family finances and earn 50% of the income in the majority of households, only 25% of us feel […]

What Have We Learned from “hot stock”? – by Cynthia Fick, Founder and President of Financial Life Planners

It’s common knowledge among professional investors that once everyone’s talking about a “hot stock” (e.g. Apple) it’s typically the kiss of death. By the time a stock is the talk of the town, smart money has already pulled out. There may be signs of an overall market strengthening, but it’s not time to jump back in with a […]

Making Money in Volatile Markets – – by Cynthia Fick, Founder and President of Financial Life Planners

Based on historical trends of the Dow Jones Industrial Average going back to the late 1800s, our current volatile market could continue another 7-8 years. Once you have laid the foundation of safer money assets in your portfolio, how do you build the growth portion of your assets as you move toward retirement? Historically, nothing […]