It never feels like a great time to dig into your financial habits, maybe because you fear what you’ll find, what mistakes you’re making (read: not saving or investing enough).
Krawcheck’s got some strong opinions on money management (more than two credit cards? cut ’em up) and staying competitive in the workplace (don't let your skills go dormant), understanding all too well the price women pay for career breaks. The key in bridging the existing pay gap is for women to not only understand what they’re worth and how time off may impact their professional climb and return to work, but to also appreciate how essential honing their skills in the interim is. This can be done by taking classes, volunteering, doing part-time projects, freelancing.
Krawcheck’s advice is valuable whether you’ve just decided to start saving (and investing), just finished paying off your school loans, or just asked your boss for a sabbatical so you can raise a family.