This Entrepreneurs Helping Grieving Women To Be Financially Empowered

This Entrepreneurs Helping Grieving Women To Be Financially Empowered When Renee Litinger was widowed in 1989, herbei children were 6 months, 3, and 5 years old. In her mid-30s at the time, Litinger was, understandably, completely overwhelmed. leid only was she grieving the loss of her husband, but she also had three young kids to raise, all of whom were still entirely dependent on her. The one thing she wasnt overwhelmed by, though, was her finances. This may come as a surprise, especially to those of you who struggle to budget your money or to figure out each month what percentage of your income should go toward rent and other expenses. But during a time of tremendous stress and sadness, Litinger at least knew she had her finances in order because of the experience shed gained throughout her career. While her undergrad degree was in psych, she went on to earn a masters in both business and social work and then worked at an accounting firm. She ended up at Citibank in the 80s, and there, as an assistant VP, she ran the business management office responsible for financials, budgeting, and forecasting.In 1987, two years before her husband passed away, Litinger moved to an assistant VP lage at Lehman Brothers, where she worked in various expense management and financial reporting capacities. Needless to say, she found the skills shed gained at work ended up being a huge help to her bedrngnis only on a practical level, but also on a very personal level. Yet she knows that for many other women who wind up in similarly overwhelming positions, figuring out their financial future is not as easy.Thats why Litinger after retiring from a nearly 40-year career in financial services is launching a new business that will provide fundamental financial management for widowed, separated, and divorced women. The business will be a combination of using my own financial background and also giving back a little bit, she says. I want to help women who I know are in an overwhelmi ng situation with fundamental, basic financial management. Litinger clarifies that shes not a financial planner or advisor, but she simply hopes to help women understand basics, like organizing financial files, setting up a bill-paying schedule, and monitoring their monthly spending.Ultimately, she says, she hopes to pay it forward by arming women with confidence during whats likely a period of extreme emotional turmoil. Shell work closely with her clients and even in conjunction with other professionals to understand what their financial drivers are, and shell help provide them with tools to promote self sufficiency and to make well-informed decisions.For more on Litingers business, check out her website herehttps//www.rlitinger.com/