In an MSNBC interview with Morning Joe’s Mika Brzezinski, money expert Suze Orman stated the biggest financial mistake women over 50 make is not knowing where their money is.
Orman explained that women (even those who are working) often hand over control of their finances to a spouse and, instead, choose to focus on family matters. However, if the marriage ends or the spouse dies, women are ill-equipped to take over.
