Friday, January 16, 2009

Handle Your Business Ladies!

Hello Divas!

We must learn to take care of ourselves ladies. A true diva handles her business, from fashion to finance, because no one is more motivated to take care of you – than YOU! Lets be honest diva to diva, we all want to be pampered and taken care of. But ladies, leave the pampering attitude at the spa and learn to handle your business!

If anyone out there doubts the 401k diva, then check out what some of the top finance executives at the nations largest companies had to say. In a U.S. News and World Report blog, these managers make it crystal clear who they think is responsible for managing your 401k money. Here’s a hint, look in the mirror ladies and kiss that beautiful reflection of Y-O-U!

But in case you can't find your mirror right now, here a taste of what they said:

The managers were asked:

a. Who is responsible for choosing the right investments for a 401k? A whopping 79% of the executives said this task is the employee responsiblity.

b. Who is responsible for reallocating assets in a 401k plan. Guess what ladies, 85% of the exec’s said this is an employee responsibility.

And that just the beginning! Listen ladies, I know alot of these companies talk the “we are family” line, but this “family” is not going to hold yor hand and make sure your 401k money is ok. They may offer some help, and if they do you should definitely check it out, but for the most part — you are on your own. Oh wait– now you have ME!!!

It’s your money and its time to learn how to make it work for YOU!

To read the rest of the survey click here.

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