Top 10 Money Tips for Women

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PappyStu
October 29, 2009

Top 10 Money Tips for Women 1. Listen to Your Gut Women are compassionate toward those in need. Instead of going with their gut, they sometimes overlook the obvious and make an emotional money mi...

Top 10 Money Tips for Women

1. Listen to Your Gut

Women are compassionate toward those in need. Instead of going with their gut, they sometimes overlook the obvious and make an emotional money mistake.

2. NEVER Co-Sign for ANYONE

If a friend or family member asks for you to co-sign on a loan, it's probably best to say no.

3. Save Yourself First

If you don't have enough to save for your child's college fund and your retirement, your retirement takes precedence.

4. Don't Hand Over Finances to Your Husband or Partner

Suze says women often hand over their family financial matters to their partner because they are either scared, lazy or following an old-fashioned role.

5. Don't Put Yourself on Sale

Don't treat yourself like you're on sale. If you're reluctant to put a real value on what you do, then it diminishes who you are. As Suze explains, women tend to devalue what they do.

6. Protect Your Assets: Get a Pre-Nuptial Agreement

The basic rule is that you are jointly entitled to assets accrued during a marriage and you are on the hook for debts accrued during the marriage. Anything you bring into the marriage is not automatically shared. Protect your assets.

7. No Blame, No Shame

Two of the heaviest weights women carry (invisible twin obstacles of the past) are the burden of shame and the tendency to blame.

8. Take Care of Your Money

Women nurture people and things that are important to them. So take care of your money the way you do your husband/partner, family, friends, pets, plants and clothes. Cherish money like all of the other irreplaceable items in your life.

9. Don't Make Your Underage Children Life-Insurance Beneficiaries -- It's a No-No!

Life insurance companies will not make a payout to children under 18 years of age. Suze suggests you create a trust account and name the trust as the beneficiary of your life insurance policy.

10. Own the Power to Control Your Own Destiny

Give to yourself as much as you give of yourself. Power comes from who you are, not what you have, and the transformation starts with how you allow others to treat you. Do what's right, rather than what's easy.

Category: Howto & Style

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21stCenturyCat (3 weeks ago) Show Hide

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A pre-nup... well as she's the one earning more money than me then perhaps she will have to worry about that one! ;)

PappyStu (3 weeks ago) Show Hide

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uh oh he he he he

battlebauble (4 weeks ago) Show Hide

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Hi Pappy! Watching you make this vid was an invaluable education in the craft. The use of the high contrast is genius. I am particularily moved by your use of the 'Gaze', a Kubrickian cinematic device, the characters( the female eyes and yours) are peircing the veil of conscious life in a search for truth. The response is insanity or an enlightenment of the deeper darkness, and perhaps a greater understanding of the archetypal forces at work in this reality. It is much more than a list! LOL!

PappyStu (3 weeks ago) Show Hide

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Just goofing around with the software... Thanks Compadre!!!