Cash Edict: Every Woman Should Know These by 30 Surprisingly many women, no matter how independent they claim to be, still rely on men to take care of their finances. They allow their husbands, fathers, boyfriends, brothers, or even just their male bank manager to make financial decisions for them. This lack of control is alarming, and can seriously affect their financial stability, not just now, but later in life. Although money is something few of us like talking about, these 6 steps can help women take back control of their own money: 1. Open Your Bank and Credit Card Statements It's all too easy to have a vague idea of what goes in, what comes out, and when you pay the bills. However, a regular health check of your account, including cancelling unnecessary payments, is essential, as is keeping an eye open for any transactions that you didn't carry out. 2. Track Your Finances With so many apps available such as online banking and budgeting tools, there's really no excuse for not staying on top of every penny you're spending. Get into the habit of recording every coffee, newspaper, and travel ticket; you'll feel more cogent 3. Save the Change Many bank accounts have a tool whereby you can set your account to round up payments and put the balance into a savings account. If you're one of the "I can't afford to save" brigades, you'll be surprised to find several hundred dollars put aside at the end of each year without even noticing. Think of it as the 21st century equivalent of a change jar! 4. Take Advantage of Pension If you have access to a workplace pension, take advantage of it, even if retirement may seem a very long way off. 5. Don't Make False Economies Buying cheap means replacing often. Quality lasts, so if you have to make major household or personal purchases, don't skimp as it will be more expensive in the long run. 6. Don't Be Afraid of Finances The only reason men are traditionally in charge of women’s finances is from a historic lack of women actually having their own disposable cash.

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Page 1: Cash Edict: Every Woman Should Know These by 30

It's all too easy to have a vague idea of what goes in, what comes out, and whenyou pay the bills. However, a regular health check of your account, includingcancelling unnecessary payments, is essential, as is keeping an eye open for anytransactions that you didn't carry out.

2. Track Your FinancesWith so many apps available such as online banking and budgeting tools, there'sreally no excuse for not staying on top of every penny you're spending. Get into thehabit of recording every coffee, newspaper, and travel ticket; you'll feel morecogent

3. Save the ChangeMany bank accounts have a tool whereby you can set your account to round uppayments and put the balance into a savings account. If you're one of the "I can'tafford to save" brigades, you'll be surprised to find several hundred dollars putaside at the end of each year without even noticing. Think of it as the 21st centuryequivalent of a change jar!

4. Take Advantage of PensionIf you have access to a workplace pension, take advantage of it, even if retirementmay seem a very long way off.

5. Don't Make False EconomiesBuying cheap means replacing often. Quality lasts, so if you have to make majorhousehold or personal purchases, don't skimp as it will be more expensive in thelong run.

6. Don't Be Afraid of FinancesThe only reason men are traditionally in charge of women’s finances is from ahistoric lack of women actually having their own disposable cash.

http://blog.cashinasnap.com/4-cognitive-effects-financial-trouble/