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Speech by Federal Reserve Governor Duke on women and money: challenging the myths

Governor Elizabeth A. Duke At the Consumer Credit Counseling Services of Delaware Valley Financially Hers Program, Philadelphia, Pennsylvania – May 1, 2010 – Women and Money: Challenging the Myths

  • “I firmly believe that, first, all women need financial education and,second, that once armed with that education, all women are capable of making good, sound financial decisions that will improve their own financial well-being and that of their families. Over the years, I have observed that, whether leaving home for the first time, starting a new career, seeking higher education, taking time to raise a family, retiring, or facing life alone after a spouse dies, women consistently approach uncertainty with practical planning skills. But oftentimes, they need help finding the information and advice they need to make sound decisions. Your ongoing participation in the Financially Hers program today reflects your commitment to planning for a sound financial future. And I congratulate each of you for your dedication and your accomplishment.”
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