Guide you to financial success
Woman are faced with more financial decisions than ever before. If you're one of the many running a household, working your way up a career ladder, or starting or growing a business, this book can help guide you to financial success.
getting started
Looking ahead is crucial to your financial success.
What’s the biggest difference between being dependent on someone else and being on your own? For many women, it’s taking financial responsibility for themselves and perhaps for dependents as well. Being financially responsible usually means earning enough money to support yourself. That may be something you experience for the first time as a young woman ready to move into a home of your own. But financial independence isn’t as much an age issue as you may think. If you’re widowed in your 40s or 60s, divorced or separated in your 30s or 50s, you may also be just starting out on your journey to personal financial security. Whether you’re living on your own for the first time, have just gotten married, or made some other change, you may be facing the challenge of making your money stretch far enough to cover your needs.
As a general rule, separating your needs and wants is one of the best ways to create a workable budget. But don’t think of a budget as a rigid spending plan. Its real value is serving as a guideline for managing your money.
A World of Questions
As you take responsibility for managing your own finances, you’re likely to have a number of questions about the decisions you have to make:
How do I pick a bank?
Are all credit cards the same?
Why is it important to have a good credit history
Should I pay off my education loans now?
Do I need health or life insurance?
Should I be saving for retirement?
building your career
steady employment creates a path to valuable benefits
Building your career can mean getting a new job, moving up in the company where you are currently employed, or even starting a business of your own. Setting goals for yourself in the workplace, and taking steps to meet those goals, can increase the amount of satisfaction you get from your job. As you take on more responsibility, you also become more valuable to your employer.
Although the most concrete way your employer can reward your work is to give you promotions and salary increases, you stand to gain in other ways if you’re dedicated to your job. Here are just a few of the possible advantages available to you:
Expertise in your field
Upward mobility in the workplace
Job security
An extensive benefits package, including insurance and retirement plans