6 financial tips most women should consider

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6 financial tips most women should consider

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While it is common cause that women lag behind their male counterparts in wealth-building for a number of reasons, there are some significant steps they can take to ensure financial security.

Know your workplace worth, and ask Employees with the confidence to negotiate a higher package are deemed to be more valuable to the business and all-round better performers, which positively affects their self-esteem and confidence. In the book Women Don’t Ask (Babock and Laschever, 2007), the authors found that while 57% of men negotiated their starting salaries upwards, 93% of women accepted their first offer. Most employers would pay a candidate less than they’re worth if they aren’t prepared to negotiate salaries upwards. Don’t rely on anyone else for security In marriage, ensure that you and your spouse shoulder your...


 


 


 

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