- In the second part of UBS's exclusive interview with Tina Brown, the renowned editor and founder of Women in the World spoke about balancing financial decisions with her husband.
- UBS research finds that 56% of women still willingly leave investing and long-term financial decisions to their spouse or partner.*
- "We’d rather talk about anything than what you’re paid, how much you understand your finances, or where we are with our investments," Brown says. "This has to change."
In the second part of our exclusive interview with Tina Brown, we spoke with the renowned editor and founder of Women in the World about the launch of our Women’s Segment research, her husband, family and what money means for women.
In our Women's Segment research, we touch on the fact that, overall, women live longer than men. U.S. Census data from 2017, provided by the nonprofit organization WISER, shows that 80%* of women end up alone, while men usually die while married, or in a partnership.
A year ago when we first spoke, we talked about your husband, Harry, [editor Harold Evans], and the fact that he is 25 years older than you. If we can talk about that a little bit, it could be helpful for clients, or just women in general …
Oh, I see it. I know a lot of women who have depended on their husbands to do it all, and then find themselves at sea about their own finances. I have to admit that my own life has played out that way too, but I certainly try to be engaged enough to know what is happening, certainly more and more now.
It’s a traditional division, unfortunately, that needs to be rectified. Women have to get in control of their finances, or they’re left in a position of ignorance and sometimes very bad investments. There are some women I know who thought they were much better off than they turned out to be. That’s scary.
I know a lot of women who have depended on their husbands to do it all, and then find themselves at sea about their own finances.