Surveys show that 68% of households are managed by women, and because women are inherently conscientious, meticulous, cautious, and well-planned, they are better suited to put a financial perspective on their families. However, the reality is more often than not, due to the extreme emotional nature of women, often spend money like water under irrational. And at any time may be stimulated by a variety of shopping endless desire, so most white-collar women’s financial situation is a terrible mess. It’s better to overcome a few major mentalities that may make your financial situation much better than to just commit yourself to saving.
False Mentality #1: Investing money is too dull and boring and not for women
Many things are often judged with preconceptions before they are actually touched. Some female friends either feel that investing in finance is unpredictable, or they are afraid to take the first step for fear of losing their investment. In fact, if you take the first step, even a book or a financial website may lead you to the door of investment and finance, you will find that many things are not as tedious as you think. Women are more attentive than men, have better calculation skills and a better memory, all of which are advantages for women, and by abandoning preconceptions, you will become interested in more fresh areas.
Mistake Mentality #2: Try again and again, but more sense is more wrong
There are also Some women are interested in managing their money, but they can’t figure out how to do it. They buy a bunch of various financial products, and eventually find that they still have a serious deficit. What you should do at this point is to overcome your blindness, find a trusted financial teacher to get you started, choose carefully, avoid repeating mistakes, and often introspect, reflecting on the loopholes and mistakes in the process.
Mistake Mentality #3: Fear of Loss and Gain
Fearing to invest for fear of losing The fear of not investing is a common psychological barrier for women in general. In fact, instead of worrying and fearing, it is better to strengthen your ability and develop your determination and mental preparation to try and accumulate experience. If you don’t take the first step, you will never be able to see how much potential you really have.
Mistake #4: Give yourself excuses: “I don’t have money or time.”
Repeatedly giving yourself the scripture of relief every day: “I don’t have any savings” “I’m too busy at work, I simply don’t have the time”, over time, both mentally and spiritually get paralyzed. In fact, in order to have a position in the home, the days are fast and satisfying, learn to be financially independent and develop the knowledge of investment and financial management should be a mandatory course for women.
There are different ways to manage money, with different focuses at different ages
< strong>1. Women between the ages of 20 and 35
Work is slowly stabilizing, and young, fashionable women are easily “seduced” by the ever-changing trends. “The most important thing is to insist on developing your savings habits consistently, even if the amount is small at the beginning, the security that savings can bring you will definitely be more than the group that feels useless after a few days.
2. Women between the ages of 35 and 45
Most of them have families. And with some savings, you start to think about how to save for your family’s protection, the couple’s fixed expenses and the children’s education expenses, which are dominated by less risky long-term funds, and also supplemented by insurance money management.
3. Women over 45
Women nearing retirement or already retired
They need to take care of their own and their family’s income and expenses and financial planning. Choosing a financial plan that can enjoy the high returns of long-term investments and also meet the needs of short-term liquidity can give you a stable protection and a sense of security in life.
Don’t be discouraged, don’t doubt yourself, overcome your laziness and cowardice, and one day you too can become a wise and confident “white woman.