This isn't purely a women's issue, of course. Men can just as easily fall into the same traps. But women are more likely to give up careers to raise children, and are more likely to outlive their husbands, says Steven Kaye, a certified financial planner (CFP) based in Watchung, N.J.
1. You fail to go with your gut.
2. You save for your child’s college before your retirement.
3. Your children are beneficiaries on your life insurance policy, even though they’re minors.
4. You believe a will is enough.
5. You buy the wrong kind of life insurance.
6. You fail to keep the beneficiaries on your accounts or your husband’s accounts up to date.
7. You leave the family finances to your husband.
8. You believe a prenuptial agreement protects only him.
9. You discount yourself.
10. You can’t say no.
via lifescript
1. TAKE CHARGE OF THE FINANCES AND HAVE A WORKABLE BUDGET.
2. NO JOINT ANYTHING – ESPECIALLY ACOUNTS.
3. DON’T GIVE UP YOUR POTENTIAL TO EARN MONEY.
4. Mistake: Not Saving for Retirement
5. Mistake: Asking for the House During a Divorce
Via divorce360
1. Mistake: Handing Over the Purse Strings
2. Mistake: Losing Your (Financial) Identity
3. Mistake: Walking Away From Your Career
4. Mistake: Not Saving for Retirement
5. Mistake: Asking for the House During a Divorce
Via smartmoney