Last Thursday, the Phillip & Patricia Frost Museum of Science transformed into a hub of financial empowerment as women gathered to strengthen their investment knowledge and confidence. The May 8 event addressed a critical gap in financial literacy, responding to statistics showing only 55% of women feel confident about their investing abilities.
Attendees enjoyed an evening filled with interactive sessions focused on strategic financial planning, retirement preparation, travel funding, and family security. The elegant setting provided not only valuable educational content but also networking opportunities complemented by gourmet refreshments.
I caught up with panelist Angela Yee to ask about a piece of advice she’d give for aligning financial choices with personal goals. “There is a myriad of different approaches you can take when setting personal goals, and one thing I learned about aligning those with financial choices is that it’s best to consult with an expert planner or advisor. There are ways we can protect our assets, mitigate risks, and adapt to the rollercoaster of the economy when we have guidance. I have always done my own research, and that will never stop, but working with someone who is licensed to help your money grow and present tools you may not be aware of will make you exponentially more likely to achieve your goals,” she replied.
I also asked Sarah Daya, Executive Director of Wealth Planning and Advice at J.P. Morgan Wealth Management: If someone could take just one step today to improve their financial strategy, what would she recommend?
“Create a plan. You may already have an idea of your goals in the short and long term. Maybe you want to go on a big vacation next year, save towards purchasing a home in the next five years and also build your retirement fund for down the line. But have you mapped out how you’re going to get there? Building a plan for your goals is a crucial first step in helping you achieve them.
Everyone’s financial situation is different, which is why your plan should be built around your specific goals and preferences and updated as life’s circumstances evolve. A plan can give you a roadmap for working towards your goals and help keep you on track along the way.
With J.P. Morgan Wealth Plan, our free digital money coach in the Chase app or Chase.com, you can set different goals and create a plan for working towards them. Wealth Plan gives you a full view of your finances across all of your accounts, provides step-by-step guidance as you work toward your goals and shows you how different choices today can impact your financial future. You can also schedule to meet with a J.P. Morgan advisor right in the app.”
While adding, “It’s also important to be an informed investor. Education is key when it comes to investing, which is why we host local events in the community, like this one in Miami, to help people learn how they can take control of their financial future. On our educational content hub at chase.com/theknow, you can find a library of free articles covering a wide range of personal finance topics, from the basics of investing to market insights from our strategists.”
The Frost Museum’s stunning waterfront location offered Instagram-worthy backdrops throughout the evening, combining financial education with Miami’s vibrant cultural scene. As financial confidence continues to be a crucial topic for women investors, events like this demonstrate a growing commitment to closing the knowledge gap in personal finance education.