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Using Money for Good

Debra Brennan Tagg highlights how women can make a difference through purposeful financial planning.
BFS Advisory Group

Countless studies have pointed to the disproportionate impact of the global pandemic on women. While the negative effects get most of the attention, the crisis has also been a positive force for change, as women quit their jobs to pursue better opportunities, earn higher pay or start their own companies. A global crisis also catalyzed women to make a difference in the world around them – through their financial plans.

A recent study by UBS Group reported that 80% of women reevaluated what’s most important to them after the pandemic. Respondents emerged with the desire and the opportunity to become changemakers – and are using their money to make a positive impact. The study revealed:

  • 90% of women say they are actively engaged in charitable giving.
  • 94% of women have donated financial resources or volunteered their time in the last 12 months.
  • 7 in 10 women have increased philanthropic support in the previous two years.
  • 73% of women make purchases that align with their values.
  • 69% of women chose a career to align with their values.
  • 87% of women agree that money is a tool to help fulfill their purpose.
  • 92% of women believe that being involved in financial planning can enable them to have more of an impact.

The bottom line? Money – especially in the hands of women – can be a catalyst for change.

Women are clearly making decisions with their money to improve the world around them and are aligning their financial plans with a greater purpose.

As a financial planning firm experienced in advising women – and headed by a female business owner – the team at BFS Advisory Group knows that defining your financial approach is the first step to making a difference in the world.

Are you ready to fulfill your purpose? Take this quiz to reveal your beliefs about and your relationship with money. We’ll score your responses and return a tailored, expert assessment to help you achieve financial well-being and a meaningful life.

BFS Advisory Group | 8201 Preston Road, Suite 400 | Dallas, TX 75225 | (214) 764-1964

Securities and investment advisory services offered through FSC Securities Corporation (FSC), member FINRA/SIPC. Financial planning services offered through BFS Advisory Group, LLC, a registered investment advisor. Insurance is offered by Debra Brennan Tagg as an independent insurance agent. FSC is separately owned and other entities and/or marketing names, products or services referenced here are independent of FSC.

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