Women with fiscal acumen have several traits in common. First, they abide by a realistic budget and regularly save money toward a predetermined goal. They know the difference between returns on various savings’ programs. These women often have a financial planner or accountant. They are not hooked on credit cards. In fact, they may rarely use them and, if they do, they pay them off immediately. Women in good financial health have money set aside for emergencies. They take personal responsibility for their finances and do not turn over decisions to someone else. Fiscally-responsible women have a strategy for the future.
Read the entire article here: Six Traits of Financially Smart Women
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.