Tuesday, November 20th, 2018

Save Money, Save The World

Published on February 4, 2010 by   ·   5 Comments Pin It
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Yes, we know you’re fabulous, but does your bank account reflect it? It’s annoying that we, women, still earn and save so much less than men. So what are we going to do about it? No one else can fix this gender gap. Not the White House, not Nancy Pelosi, not even Oprah or Suze Orman. We have to recognize our own self-worth and create our own wealth. Here are 6 financial steps every woman should take in 2010 from the ladies who rule our money-spending and saving ways, the coolest daily financial advice –
DailyWorth.com (if you have any interest in
making or saving money to change the world, sign up as

  • DECLARE YOURSELF WORTHY
    You’re awesome. Make sure it’s reflected in your paycheck–you’re not on sale. Learn how to ask for what you want, and you’ll be surprised how often you hear “yes.”
  • CELEBRATE WEALTH
    We know, true wealth is more than just money. But for the sake of this conversation, we’re talking about cash–and lots of it. The kind that can fund charities, allow you to take time off, fund a restful and comfortable retirement AND pay for the college educations of all of your grandkids, should you choose. Many women have ambivalent feelings about earning that sort of personal comfort-wanting it, deserving it, seizing it. Embracing wealth doesn’t have to mean sacrificing your self. Money is a tool that helps to engineer the life you want.
  • GET IN THE SAVING HABIT
    It’s not how much you make (though it helps), it’s how much you save. Make saving a regular habit. You wouldn’t skip paying the electric bill, but talking about electrical bills you could also have a look at Simply Switch who can help you get the cheapest electric bill (that way you save as much as you can). Don’t skip savings! Prevent impulse withdrawals. Set up your savings accounts in a different bank from your checking. Have multiple savings accounts: one for dire emergencies (job loss, injury), one for unexpected expenses (car repairs, lost phones) and others for vacations, gifts, your 40th birthday trip to the Antarctic. Studies show that you’re less likely to spend money specifically earmarked as “savings.”
  • DUMP DEBT
    Debt isn’t just what you owe, for millions of people debt has become a way of life. If you’rein debt, tear apart your brain, soul, psyche (and read a few months’ worth of credit card bills) until you get to the bottom of why you’re spending more than you have. Then, make the tough choices to dig yourself out of that hole and live a profitable life.
  • CHANGE YOUR MIND
    Rid yourself of psychological issues– Chuck the Rescue Fantasy, ditch the Princess Problem, or lose the Life of Noble Poverty.
  • BECOME MONEY SAVVY
    Don’t know the difference between an IRA and a Roth IRA? Don’t know how home equityloans work? It’s time to take your financial education into your own hands, girl!
Sign up for   DailyWorth —   a free, daily email about personal finance, for women, by women.   We LOVE them, and you should too.

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Readers Comments (5)

  1. Chastity says:

    I really can’t thank you enough for putting this up. This was a godsend.

  2. Social comments and analytics for this post…

    This post was mentioned on Twitter by GirlieGirlArmy: Save Money, Save The World. https://girliegirlarmy.com/blog/20100204/save-money-save-the-world/

  3. Hellooooooo

    I am New Here………I am David Hood

    Thanks

  4. Saving Rates says:

    This is a wonderful article. The things given are unanimous and needs to be appreciated by everyone.
    ————–
    marqthompson

  5. your blog is very nice Well, it’s amazing. The miracle has been done. Well done.
    ——————————–

    Savings Account




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