JWI encourages women, especially young women, to begin their own financial planning as early as possible. We know that proactively planning and saving gives women more choices later on.
Katy Read, a divorced mother of two boys, writes in Salon that she regrets not focusing on the financial implications of her choice to be a stay-at-home mom. Read encourages women to stay in the workforce and build a nest egg; she says that she and her children would have been better off that way. Whether or not you agree with her perspective on being a working mom, her piece provides a lot of food for thought. We are sharing it to encourage all moms – those at home, those at work, those splitting time between – to focus on their financial security. Life is busy for every mother; we all need to make sure we are taking care of ourselves.