• Home
  • Family
    • Pregnancy
    • Breastfeeding
    • Baby
    • Toddler
    • Preschooler
    • Big Kid
    • Teen World
    • Pets
    • Education & Learning
      • Toys
  • Finance
    • Success & Fulfillment
    • Money Mondays
    • Law and Taxation
    • Doing Business in the Philippines
  • Health
    • Beauty & Style
    • Healthy Food
    • Fabulous Fridays
  • Life
    • Love & Relationships
    • Mind & Spirit
    • Beautiful Home
    • My Hometown-Baguio City
    • Travels
  • Privacy Policy
    • Privacy Policy
    • Contact Me!
    • About Me
    • Advertise
    • Facebook
    • Google+
    • Instagram
    • Pinterest
    • Twitter

Mommy Unwired

FREE!HAPPY KIDS FOR LIFE eBOOK!

Give your child confidence & a strong sense of self-esteem!Here is your Special HAPPY KIDS FOR LIFE eBook!

Home » Uncategorized » MONEY MISTAKES EVEN SMART WOMEN MAKE

MONEY MISTAKES EVEN SMART WOMEN MAKE

in Uncategorized on 06/23/14

Click To Download This Post As PDF
Share
Tweet
Pin

I just want to let you know that all opinions are my own and I may earn from qualifying purchases. Regardless, I only recommend products or services I use personally and believe will be good for my readers. Enjoy and feel free to share with your friends!

#MoneyMistakes
freedigitalphotos.net

YOU DON’T ESTABLISH CREDIT IN YOUR OWN NAME

Without a good credit score (a number assigned by the
credit-reporting agencies that reflect your debt and trustworthiness) it costs
much more to obtain a mortgage or loan. 
That’s why it makes sense to get a credit card –  in your name only.  Use it only for absolute essentials and pay
off the entire balance, don’t forget the tuxedo you got at tuxedosonline.com, every single month. 
“If you have credit in your own name and apply for a home loan, some
banks will average a higher score with a lower one so you can get a better
interest rate.

YOU DON’T SAVE ENOUGH FOR RETIREMENT

You can’t  count on
company pensions or Social Security to see you through your golden years.  Starting now, save as much money as you
can (ideally 15% of your salary) in a savings vehicle.

YOU DON’T KNOW A THING ABOUT YOUR FAMILY FINANCES

Talk to your husband to get acquainted with every cent of
savings and debts, plus the account numbers and passwords for the family
retirement, investment, and bank accounts, and how to access the safety-deposit
box.  Make sure your name is on all the
bank accounts.  If it’s not, and
something happens to him, it will be very hard for you to get access to that
money.

YOU PUT YOUR KIDS FIRST

You are not doing children a favor by handing over money
when they request tuition, down payments, car loan, co-signings ad vacation
cash.  You’re teaching them to expect
something for nothing and that they don’t have to work for things.  Soften the blow by giving kids a role in the
family finances early on.

Related

Click To Download This Post As PDF
« Facebook is Down!
A Year Ago, My Hero has Fallen Down and Got a Pair of Angel Wings »

Recent Posts

  • Cancers You Should Know About and How to Protect Yourself
  • Voluntary Assessment and Payment Program (VAPP) of the BIR
  • NOVUHAIR Celebrates 10.10
  • Review: FlexClip Video Maker
  • NOVUHAIR Petite Conversations with Cory Quirino

Popular Posts

  • Trying To Conceive?Try These Healthy Smoothie Recipes For Fertility!
  • Penalties for Late Filing and Payment of Your Income Tax Return in the Philippines
  • BIR responds to complaints on new Official Receipts Regulations
  • {How To File Your BIR Form 1701 Income Tax Return} For Self-Employed Individuals -
  • New Tax Filing & Payment Deadlines in the Philippines

© 2021 MOMMYUNWIRED.COM

This Site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. Certain content that appears on this site comes from Amazon Service LLC. This content is provided 'as is' and is subject to change or removal at any time.