Solana Beach Financial Advisors: 13 Ways Women Can Become Financially Educated, PART 3

This three-part article series provides a discussion on 13 different ways women can seek to expand their financial knowledge and in doing so, become more educated in their decision-making and successful!

Welcome to the final installment of this three-part article series on the 13 ways women – regardless of marital status or vocation – can advance their financial education and in doing so, achieve greater personal wealth and business success. In Part 2, we explained the following five points:

•    Read financial magazines and newspapers, both local and national.

•    Talk to stock, real estate and business brokers, especially the successful ones because they are generally very enthusiastic about sharing their experience.

•    Speak to other people who have invested in the assets in which you are interested. Learn from their mistakes and heed their advice.

•    Join an investment club for women and if there isn’t one in your area, be the first to start one!

•    Become a CASHFLOW club member and stop wasting your time and brain cells on games like Candy Crush.

Let’s take a look at the five final ways Solana Beach’s female residents can begin to further their financial education…

Become Financially Educated # 9: Get Online!

The Internet is the largest and most easily accessed resource you have for information on finances, investments and assets. Get online and start reading up about any investments you might be interested in. There are YouTube videos, Wikipedia articles, news articles, blogs, discussion forums and many other reading materials that can get you more familiar with the world of finance and investing. This can be a good place to start and can at least help you arrive at some definite questions for your financial advisor.

Become Financially Educated # 10: Take a Drive Around Solana Beach

If you’re thinking of investing, get in your car and take a drive around your own neighborhood. Use your eyes and instincts to get a feel for what is happening in your own backyard or whatever neighborhood, town or city you do live in. What businesses are doing well? Which areas are doing well from a real estate perspective? Solana Beach asset management experts always recommend becoming familiar with your micro-economy and market as it could educate any future decisions you make to invest in property.

Become Financially Educated # 11: Turn on the TV

There are a myriad of television shows that pivot around investments, financial news and other financial topics. Some are a little drier than others, but are still full of the latest facts and figures concerning the stock market and global trade. Then there are those more entertaining reality shows, such as the Dragon’s Den. Listen to the financial report in the mornings while getting dressed and ready for work – this will help you stay informed - and entertain yourself in the evenings with a reality show with a financial theme.

Become Financially Educated # 12: Subscribe to Financial Newsletters

Just about every online news website, channel or station offers readers the option to subscribe. Sign up for a couple of these and have a read through their periodic newsletters to keep a finger on the pulse of what’s happening locally and globally in the world of finance. Take note of any projections and see how reliable their forecasts are as this may help you to make future investment decisions.

Become Financially Educated # 13: The Only Stupid Question is the Unasked Question

There’s no such thing as a stupid question! I always encourage people to ask their financial advisors whatever questions they might have no matter how simple. They are the ones with the education and experience in finance and investment and they certainly don’t expect their clients to know everything about this field.

Remember, the more questions you ask to the Solana Beach financial advisors, the more you’ll learn. Don’t be embarrassed and don’t allow pride to get in the way. You’re in the pursuit for knowledge that will empower you and all of your future financial decisions.