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MONEY WISE: Empower yourself to get the best out of your money.

 30 things females must know before age 30 

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But when that birthday is approaching, it can seem like we're not nearly as far into adulthood as we might hope.

We may think that there is certain knowledge we ought to have at this point in our lives.

If you're approaching this age, or want to start preparing early, here is a list of things that you should know.

And if you're past 30, it's never too later find out what you need to catch up on.

A woman can make it on her own financially, even if she doesn't have to.

Keep your finger on your finances, even if you have a significant other who handles them.

• How to deal with a financial crisis, like suddenly losing your job.
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• How to make a budget and how to stick to it.
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• How to set up an emergency fund and how to keep it full.
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• How to read a bank statement and how to complain when something in it is wrong.
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• How long it will take you to pay off credit cards if you have only been paying the minimum balance.
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• How debt collection and bankruptcy work, even if you're in a good financial place.
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• How to get your taxes done every year without going crazy.
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• How to establish credit in your own name, even if you also share credit cards with a spouse.
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• How much risk you're prepared to tolerate in terms of investments.
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• That you're going to need money for retirement at some point and you'll need strategies to save for it.
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• How you're going to make up for any time you spend out of the work force, at least in terms of retirement.
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• How much having a family costs, even if you don't have children.
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• What legal protection there is, specifically for women, such as maternity leave.
• How to negotiate an increase, even if it feels like you shouldn't ask for more money.
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• How to leave a job you hate, preferably with another one lined up.
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• How to get a copy of your credit report and how to dispute incorrect information on it.
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• What consigning a loan means and when to refuse to do it.
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• How to recognise the signs of identity theft and how to address them.
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• What are the pros and cons of owning a house versus renting an apartment.
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• What your parents' retirement plans are and whether you're going to need to help them.
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• Who is responsible for you and your finances if something makes you incapable of taking care of yourself.
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• How to reach a lawyer, an accountant and an insurance agent, even if you don't routinely need their help.
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• How to negotiate a big purchase (like a car or a house), even when the other side underestimates you.
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• How to sell something you don't need any longer.
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• What it would take for you to start your own business, even if you're not ready to make the leap.
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• What your options for medical insurance are and how to make the most of them, even when they're bad.
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• Where to get financial information and advice that you trust.
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• What your financial priorities are and what is the next step you need to take to reach them.

Comments

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Sat May 25 18:58:28 SAST 2013 ::

May 15, 2012

tpaz

101. Don't depend on men for financial help.
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May 15, 2012

zaco'z

agg please! deal with issues that affect people than this crap that breed women like men...and men like women________________ prior art
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May 15, 2012

NevusAuvius

tpaz
101. Don't depend on men for financial help.
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atleast the goverment will temporarly dissapoint you ka chelete ya modende until you renew the child status
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May 15, 2012

MsKinkyakaKamaSutra

@tpaz
Budget 102

Etsa budget based on your salary and stop opening department sto.re accounts
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May 15, 2012

itsme4sure

do woman even know the meaning of budget?
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May 15, 2012

BiBi

hayi suka sowetan abo how,what, where and who abangaka and no solution,

•How to set up an emergency fund and how to keep it full.
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simple uthatha half of i grocery money and keep it kwi secret account nje qha bese uvuthela u aunty ukuthi uyamosha uma epheka and ask for more kumnumzane
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May 15, 2012

Dandan

wewewe. w.omen de b.ags, s.hoes,c.lothes,h.airstpieces,petrol,f.ingernails,t.oni t.oni aaaaaah what a bill
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May 15, 2012

TKay

and where is the answer to all of these how how...
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May 15, 2012

MsKinkyakaKamaSutra

@itsme4sure
do woman even know the meaning of budget?
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I will speak for myself......... I know

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May 15, 2012

Rakgadi-Tabeya

Nna ke sharp. Vey much financially independent and shame ga ke beche banna, chelete ya ka ke ya ngwanake that's it.
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