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Most Single Women Don’t Think They’ll Reach Financial Goals
Insights / Most Single Women Don’t Think They’ll Reach Financial Goals: Here’s How They Can | GOBankingRates

Most Single Women Don’t Think They’ll Reach Financial Goals: Here’s How They Can | GOBankingRates

Most Single Women Don’t Think They’ll Reach Financial Goals: Here’s How They Can | GOBankingRates

Kate Yoho, CFP, financial advisor at TBH Advisors, speaks with GOBankingRates’ Gabrielle Olya about why most single women think they can’t reach their financial goals and what they can do to make sure they do. “The first step to set yourself up for single woman success is to lose the debt. If there is a debt cloud over you, there will be anxiety about your finances. If it takes you a year to pay off a small balance that has a 0% rate, you are actually losing money on servicing that debt before the credit card or student loan accruing interest at a much higher rate — sometimes close to 30% for credit cards,” explains Yoho.

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