Off the Fence with Karen Covy: Mastering Decision Making, Divorce & More

The Money Mistakes Most Women Make Without Realizing It


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What if the biggest threat to your financial future isn't market crashes or economic downturns, but simply not being part of the conversation? In her 25 years of working within the financial services industry, Dr. Barbara Provost discovered that women’s financial needs (including the need for a financial education) were being largely ignored. As a result, women were making money mistakes they didn't need to make. She and her daughter Maggie Nielsen are now on a mission to change that. 

Together, they operate Purse Strings, an organization designed to provide women with clear, practical financial education and connect them with vetted professionals who understand their unique challenges. Whether it’s preparing for retirement, navigating divorce, or recovering from unexpected loss, Dr. Provost and Maggie focus on helping women make confident, informed financial decisions during major life transitions and beyond.

In this podcast episode, we dive deeply into the most common and costly financial mistakes women make - like staying out of financial conversations, undervaluing their contributions, or trusting advisors who don’t engage with them. We also talk about simple, practical steps you can take to start regaining control of your financial future, and to build the right support team who will help you do that.

If you’re feeling uncertain about your finances (especially if you’re facing a divorce!) this podcast episode is a great first step toward building the secure financial future you dream about.

About Dr. Barbara & Maggie

Dr. Barbara Provost and Maggie Nielsen are a dynamic mother-daughter duo committed to empowering women with the tools they need to make confident financial decisions. As a consultant, educator, and entrepreneur, Barbara connects women with trusted financial professionals to help them plan for a future full of choices. Maggie, with her curious mindset and passion for personal growth, inspires others through motivational talks and equips women with the financial knowledge they need to thrive. Together, they are dedicated to helping women build lives free from financial stress thanks to the support of their community of trusted professionals.

Connect with Dr. Barbara & Maggie

You can connect with Dr. Barbara & Maggie on LinkedIn at Purse Strings and on Facebook at Purse Strings. And follow them on YouTube at Purse Strings and on Instagram at Purse Strings.  To find out more about their work visit their website at Purse Strings and listen to their podcast Women and Money: The Shit We Don't Talk About.  Grab your free Divorce Prep Guide.


Karen Covy is a Divorce Coach and Consultant, Lawyer, Author, and Speaker who is dedicated to helping people make the best decisions possible for themselves, their families, and their future - especially in stressful times. You can check out Karen's videos on YouTube.

You can connect with Karen on LinkedIn, Facebook, Instagram, Twitter, and on her own website at karencovy.com.


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Off the Fence with Karen Covy: Mastering Decision Making, Divorce & MoreBy Karen Covy

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