The Kiplinger has some really fascinating perspectives to share in this piece. It’s called Flying Solo: 5 Financial Strategies Every Single Woman Should Know.
In it, Derenda King shares some excellent points. Here’s one that’s particularly thought-provoking:
Another area of personal finance that many single women (and men) ignore or postpone is getting their affairs in order. Why? They assume that estate planning is for married couples because couples have spouses who rely on each other or because couples need to make contingency plans for the care of their minor children. But, to assume that single women do not need to have an estate plan in place is false.
To learn more about Derenda King’s article, take a look at this link to the Kiplinger.