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Tuesday, 22 June 2021

Focusing on women for Financial Literacy Month

Credit: KTXL
Duration: 03:38s 0 shares 2 views
Focusing on women for Financial Literacy Month
Focusing on women for Financial Literacy Month
Mae Fesai interviews financial expert Cindy Couyoumijian

OF APRIL HAPPY APRIL FOOL'SDAY EVERYONE, THE NYCES THEREYOU GO AND PLAY YOUR PRANKS INYOUR JOKES.

TODAY WE'LL CHECKBACK IN WITH ADAM FOR KNOW,JACK YOU MAD ABOUT THE REALLYWARM TEMPERATURES ARE GOING TOSEE TODAY.

WE'RE KICKING OFFFINANCIAL LITERACY MONTH WITHA DISCUSSION ABOUT THE NEEDFOR MORE FEMALE VOICES INBANKS, INVESTING FIRMS AND THEFINANCE SECTOR, LET'S GET TOSUNDAY CAN YOU IMAGINE IS ANAUTHOR AND FOUNDER OF THESYNERGY FINANCIAL.

HERE'S TALKABOUT BUILDING THAT FUTUREGOOD MORNING.

THANKS SO MUCHFOR BEING WITH US.

GOODMORNING.

THANK YOU SO MUCH FORHAVING ME TODAY, LET'S GETWOMEN JUMP STARTED IN A CAREERIN FINANCE IF THEY'RE ALREADYNOT IN THE FINANCIAL INDUSTRYWHICH WERE PRETTY MUCH SEEINGSO LET'S START WITH THAT WHYARE THERE NOT SO MANY WOMENJOINING THE FINANCE INDUSTRY.I THINK YOU IN MYGENERATION BEING A BABY BOOMERA LOT OF WOMEN.

REALLY DIDN'TSCIENCE WOMEN ALWAYS THOUGHTYOU KNOW MEN TAKE YOUR THEFINE AND FINANCES AT HOME.

WHYSHOULD I BE IS ENGAGED THAT INEED NOT NECESSARILY NEED TOBE.

SO BUT THINGS ARE CHANGINGWOMEN ARE GETTING MOREENGAGED.

THEY MUST BE AWAREWOMEN INCOME EQUALITY AND IREALLY THINK THE BOTTOM LINEYEARS WOMEN NEED TO GET MOREINVOLVED IN THEIR FINANCES,NOT WALKING BEHIND THEIRHUSBANDS.

NOW WALKING IN FRONTOF THEIR HUSBANDS TO LOCKINSIDE THEIR HUSBANDS ANDBEING AS ENGAGED AS THEY ARE.SO THEY CAN GET INVOLVED INTHE FINANCIAL DECISION-MAKINGWOMEN ARE GOING HAVE TO DEALWITH IN THE NEXT 10 YEARSTHEY'RE GOING TO DOMINATE 2THIRDS OF THE WEALTH IN THISCOUNTRY SO IT'S IMPORTANT THATWHEN WE GET A QUICK TODAY.I LIKE WHAT YOU SAID INWORKING SIDE BY SIDE WITHTHEIR HUSBANDS OR THEIRPARTNERS BECAUSE AS OF RIGHTNOW STATISTICS SHOW ONLY 20%OF WOMEN ARE IN THE FINANCIALINDUSTRY, BUT STATISTICS ALSOSHOW MORE WOMEN IN FINANCEINCREASING FEMALEREPRESENTATION IS MORESTABILITY FOR BANKS.

SO WHATSHOULD WOMEN DO IF THEY WANTTO START GETTING INTO THISFIELD, PARTICULARLY JUST INTHEIR OWN HOMES AND STARTINVESTING.ABSOLUTELY SO I THINK THEFIRST PART IS WOMEN NEED TOGET ENGAGED.

AND THEY NEEDTAKE TIME IN THE PROBLEM WITHWOMEN WOMEN RUN THE HOUSEHOLDTHEY WORK NOW AND I THINK TIMEIS THAT THEIR BIGGESTDISADVANTAGE.

SO WHERE DO YOUTIME A DAILY HABIT GETYOURSELF INTO READING 5 TO 10MINUTES A DAY ABOUT DIFFERENTFINANCIAL.

THE CONCEPTS FINDFINANCIAL ADVICE IS THAT'SKNOW A LOT OF WOMEN WANT TOWORK WITH WOMEN AT LEAST THENEW YORK TIMES LAST YEAR WROTEAN ARTICLE WE NEED MORE WOMENIN THE FINANCIAL SERVICEINDUSTRY.

ONE OUT OF 5 AREWOMEN.

MEN SOMETIMES HAVE AHARD TIME RELATING TO WOMEN SOWE REALLY WANT WOMEN.

THIS ISA SHOUT OUT FOR WOMEN TO GETINVOLVED GET ENGAGED GET INTHE FIELD IN TAKE THOSEACTIONS STEPS ONE STEP AT ATIME DON'T GET OVERWHELMEDBECAUSE WOMEN YOU'RE GOING TOHAVE TO DEAL WITH DISABILITYDIVORCE AND DEATH THE 3 D'S ICALL IT, YOU KNOW WE MUST GETENGAGED, DEALING WITH IT WOULDBE OVERWHELMING IF WE WAIT TOA LIFE CHANGE HAPPENS CREATEMORE STABILITY, NOT ONLY FORTHEMSELVES, BUT THAT FOR THEIRFAMILIES AS WE'VE SEEN OVERTHIS PAST YEAR.IN AN EVER CHANGING WORLDIN CREATING SOME STABILITY INAN UNCERTAINTY.

IN THEUNCERTAINTY OF THE FUTURE EVENIN THE ABSOLUTE LEE, YOU KNOWWITH THE NATIONAL FINANCIALLITERACY MONTH.

I HAVE ACONTRIBUTION COMING ONTUESDAY.REDEFINING FINANCIALLITERACY AND I THOUGHT IT WASIMPORTANT BECAUSE OVER THEDON'T KNOW BASIC FINANCIALCONCEPTS WE'VE GOT TO GETSTARTED IN ON THE RIGHT FOOTCINDY QIU PM MID JAN SORRY BYBUT YOUR NAME RIGHT THERE ON

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