Many times women are so engrossed with raising a family, managing their home, building their careers and other issues that they fail to spend time in personal financial planning until later in their lives (late 30s or 40s). Some leave the crucial activity of financial planning to their spouse and run into trouble when there is a breakdown in the relationship. Others are caught in a web of debts and unsustainable spending habits. How can a women become more financially smart and money management savvy? How can she achieve financial freedom? How can she live debt free? How can she enjoy her retirement free of money problems?

Below are five useful tips on money management for women.

Set Financial Goals
The first step for any woman committed to securing her financial future is to set clear financial goals. The goals will outline her target earning, savings and investments over the course of a period of time. It will also allow her to monitor her progress and make improvements wherever.

Start Financial Planning Early
Every woman needs to be smart about her finances early in other to achieve financial independence and enjoy a life free of money worries. To achieve this she will need to start a culture of careful savings, investments and retirement planning early in her life.

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http://www.knowledgecentreng.com/2012/05/women-and-money-managing-your-money-as.html

Very important.

Next year. . . I PLAN TO STICK TO MY BUDGET. . . I will ONLY carry cash. . . .NO MORE CREDIT OR BANK CARDS!