getting your finances organized as a single woman
As a single woman, only you have full control over your finances and you alone are entirely responsible for your financial well-being.
π First and foremost, work on developing your Financial Literacy
β The more you know the better decisions you can make
Know that women have longer life expectancies than men
β Plan for your retirement and savings as early as you can
π Be prepared for unexpected life events
β Do you have insurance if you are unable to work?
β Regularly review your home, health, life and auto insurance policies to ensure you have enough coverage to protect you in all circumstances as your life develops and changes
β Have you assigned someone to be in charge of your finances should you be incapable of managing them?
β Do you have a WILL in place?
π Protect Yourself Against Identity Theft
β Review your bank and brokerage statements regularly for transactions you donβt recognize.
π Determine your net worth and understand how to increase it
β List all of your assets and your liabilities so you know where you stand.
If you do not have someone to hold you accountable, don't abuse the freedom of your single life.
Be responsible and know that the buck stops with YOU!