Top 10 Money Tips for Women

  1. Don't rely on someone else, like a husband or boyfriend, for your financial security. Educate yourself about money management and investing. See Ovecoming the Financial Gender Gap.

     

  2. Set goals - it's key to financial success. See Building a Balanced Financial Plan and Setting Financial Goals.

     

  3. Don't use money to make yourself feel good. That type of high is fleeting. Instead, do things that promote self-respect and creativity so you don't have to seek those feelings through spending money. See The Urge to Splurge and The Psychology of Spending Money.

     

  4. Spend less than you earn - it's the secret to creating wealth. See Budgeting 101.

     

  5. Get an education. People with college degrees make on average significantly more money than those who don't have degrees.

     

  6. Build an emergency fund. Without one, losing your job or incurring a large unexpected bill could force you to take on heavy credit card debt, and could put you into a financial hole that will be difficult if not impossible to dig your way out of.

     

  7. Be involved in the day-to-day management of your family's finances, and talk about money with your spouse.

     

  8. Don't take on your partner's or spouse's debt when you marry.

     

  9. Don't let the fear of losing money, fear of failure, or fear of the unknown stop you from investing. 

     

  10. Learn from your money mistakes. Don't let them hobble you.

Via about.com

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