At Women and Money Inc. we recommend the following:
Money is an emotional subject it either makes us happy, sad or fearful. Try to think about money as your friend, not your enemy. Track your spending every week make time to go over your finances and understand where your money is going. It will help you to decide to keep spending the way you are or to alter your spending patterns.
Trust your self that you know what is best for you. Spend time researching items before buying them. This is especially true if you are making a “big ticket” purchase.
If you are in debt get help early. It may mean the difference between keeping your assets or losing them. Contact a Government Licensed agency like Solutions Credit Counselling Service Inc. if you need help with debt, money management or if you re looking for financial planning contact a Certified Financial Planner.
If you are single you are in complete control of your budget. If you have a partner and or kids you will want to include them in your decisions.
Set personal and family financial goals and make plans that include everyone in the family. Get everyone interested in the family finances.
Who is teaching your kids about money? YOU ARE. Set a good example and your kids will grow up to do the same. You will be glad you did!