Financial Planning Tips for Women

Set financial goals first. Whether saving for a US$10,000 emergency fund or a home, defining goals helps shape a solid financial plan. Make it achievable

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Build a budget that aligns with your income and expenses. Apps like Mint can track spending. The 50/30/20 rule is a great starting point for many

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Consider investing early. Stocks, mutual funds, or real estate can help grow wealth. Even a $100 monthly investment can add up over time

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Prioritize retirement savings. Options like 401(k) plans or IRAs offer tax benefits. Aiming to save at least 15% of income is ideal by age 30

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Create an emergency fund for 3-6 months of expenses. This offers financial security against job loss or unexpected events, a key aspect of planning

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