Seven Tips For Women's Financial Management

Generally speaking, women earn less than men, but their life expectancy is longer than men's. This shows that they need different things. Conduct financial transactions Plan. Here are 10 suggestions for women to ensure that they can lead a comfortable retirement life.

1. controlling children expenditure There is no doubt that you want your child to lead a good life, but many women usually sacrifice their living security to help their children. If adult children are in financial crisis, what you should do is to find some better solutions, provide them with some feasible suggestions instead of contributing your funds, or at least make sure that the remaining money exceeds your basic expenses before you pay.

2. higher savings target Workplace Low income women are more stressed than ordinary people. The only thing that can be remedied is your savings rate. Kasipa Reto, Miami's financial adviser, proposes to save 10% of your income, while women should increase it to 12.5%.

3. a bigger investment plan, though many women are unwilling to take the risk of investment, they still invest heavily in men. In 2009, about 2/3 of the pension scheme, including men and women, was invested in stocks. But because women live longer than men, women need more equity investments to achieve their goals.

4. Financial Finesse, a financial education institution, points out that women usually place their daily financial management on the list, while men first look at retirement plans. Studies show that only 18% of women are well prepared for retirement plans. Never do the rest of the 82% people. When you are free, you can meet a registered financial planner, let him help you review the basic knowledge of retirement plan or learn the retirement guide, which will be more useful for you in the future.

5. a study of male swaps shows that men's outstanding investment wisdom is not born. On the contrary, women are much more patient and attentive to small things than men. Women's investment matters are often better than men's. So you can arrange for two people to take turns to manage family finances, and suggest that your husband take charge of expenses and budgets, so that you may have different financial benefits.

6. don't give up working research shows that when women get away from their jobs, they will not only lose their income, but also have very valuable work experience. So don't give up your job. Even if there are any special circumstances, you can choose to work part-time or freelance. This is a clever way to keep skills fresh and narrow the professional gap. At least ensure that keep abreast of industry trends and previous colleagues.

7. invest in a stingy way. All investors can benefit from the less, the better, but for women, how to grow revenue on the basis of no risk is the key. Tucker, an investment analyst, said that the conversion from the active managed Equity Fund (average cost rate of 1.4%) to the Pioneer stock index fund (0.2%) seems to be just one percentage point higher, but over 20 years, it will generate more than 20% of the endowment insurance.