It doesn t help that so many women are now pulled out of the workforce because of Covid, said certified financial planner Zaneilia Harris, president of Harris & Harris Wealth Management Group, based in the Washington metro area.
More than 2.3 million women have left the workforce since February 2020, bringing their labor force participation rate down to levels not seen in more than three decades, according to the National Women s Law Center.
Yet, women are outliving men. I don t know if it is a conscious thing, but we don t encourage women to think about money in the way that we often encourage men to, said Heather Zepeda, managing director at Northwestern Mutual in Washington.
Women lag behind men in saving for retirement The Covid pandemic has made it worse
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That doesn t mean you stay on the sidelines when it comes to your finances. Try this 5-Day Money Challenge. Here are five simple steps that you can take now to get a better handle on your money, whether another stimulus check is on its way or not:
Day 1: Calculate your net worth
The first step to taking control of your money is to figure out where you stand right now. Once you get info on all of your accounts, it ll take just a few minutes to calculate your net worth. Looking at your finances in totality is very important because everything is connected, said Zaneilia Harris, a certified financial planner and president of Harris & Harris Wealth Management Group in Upper Marlboro, Maryland.
12 Ways to Project Authenticity in a Virtual World
The ramifications of the pandemic forced many leaders to collaborate virtually with their team and clients. Here s how to project authenticity online.
Newsweek Expert Forum members share industry insights.
Photos courtesy of the individual members
The ramifications of the pandemic unexpectedly forced many organizations to a remote workforce and left leaders having to try alternative approaches to collaboration, including connecting virtually with their team and clients.
Those who had experience leading a remote team long before COVID-19, however, can attest that authenticity and vulnerability go a long way into driving engagement in a primarily virtual world. Here, experts from Newsweek Expert Forum share 12 things leaders and professionals can do to foster connection and project authenticity in a remote environment.