Many also have little education or experience in managing their own finances. As a result, a divorce or the death of a spouse can be economically devastating for some women. Others may not achieve the success of which they are capable.
Money management is a growing concern for high school graduates across the nation.
National statistics, however, indicate that girls' school graduates are more likely to be better prepared to meet the financial challenges that lie ahead. Graduates of girls' schools, however, are likely to be better prepared to meet money management challenges, said Monecia H. Naggs, assistant head for development at St. Margaret's School. Girls' schools play a unique role in equipping girls for financial responsibility. Naggs and Broad moderated sessions on the psychology of philanthropy and on teaching girls to be media-savvy consumers, respectively. The event drew more than 500 participants, speakers, exhibitors and reporters to hear presentations from independent school educators and financial professionals.