Financial planning made less intimidating at Women's Wealth Center

KEEPING FAMILIES SAFE -- Women are the breadwinners or co-breadwinners in two-thirds of American households. But for many women, financial planning can be intimidating. However, it's important to do so, especially in the event of divorce or death.

Deborah Linz explains how some women are taking control of their future in her Keeping Families Safe report.

Kathy Anderson is a single mom who runs her own Pilates studio. After she divorced she says she didn't come out of the divorce with much financial security. She said most financial planners made her feel intimidated so she sought the guidance of Senior Wealth Manager Carrie Bray with Buckingham Financial Group.

Anderson says, "I wasn't embarrassed because maybe I didn't have as much money as some people have."

Bray says the goals of the Women's Wealth Center is to make women more comfortable with investing.

"This space has softer colors, small round tables, cloth chairs, just had that feminine touch that I hope would ease that anxiety level," Bray said.

Bray says the Women's Wealth Center offers a holistic approach to help women confidently plan the next phase of their life -- from financial planning and investments to tax planning and insurance.

There's a kids media area to keep kids occupied while mom is planning for the future. The center also offers a variety of workshops and classes to help women grow professionally and personally. It helps women deal with stress, weight loss, death of a loved one or divorce.

For Anderson and many other women, feeling safe and financially secure as they age is vital and women helping women is a bonus.

"I just wanted to talk with a woman that I felt safe with," Anderson said.

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