First, let us establish that there are two types of savings: short term and long term.
Short Term. This is for easy access to cash that is needed right away. You should use this money for repairs on vehicles, appliances, or other unexpected emergencies like insurance deductibles. You should have at least two or three paychecks [...]
women and money's archives
How Much Should I Have In Savings?
Posted by James in Friday, July 4th 2008 under: control finances, money, saving money, women and money Tags: cash, emergencies, savings
Easy Way to Pay - Pay Bills Online and On Time
Posted by James in Thursday, July 3rd 2008 under: control finances, money, women and money Tags: bills, money, online, pay
If you are not already taking advantage of online bill paying, then you need to re-evaluate this and start doing it. Here are the reasons why:
Convenience. Long gone are the days of sitting down and writing out individual checks for every payment you make. You save money by not having to buy checks as often, [...]
Do women really have different financial needs than men?
Posted by Debbie in Sunday, June 22nd 2008 under: female finance, happiness, money, saving money, women and money Tags: female finance needs, financial health, how to budget, women and money
Yes they do. Women should follow the general principles of financial planning, but they do face unique challenges that mean their financial needs differ. First, women live longer than men(7 years is the average) so they need 20%more retirement. Women also tend to take time off to raise children; approximately 11 years more. That means [...]
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