Conventionally women have always trusted men with their financial matters as they themselves do not really like dealing with the money matters. However, now that women are able to take charge of every aspect of their life, they also need to start taking charge of their finances.
For most women saving for the future is usually limited to saving up the little extras in the nooks and corners of their dresser or kitchen and using the same to buy something precious and pricey for their children, spouse or home. However, it’s time that this mind set changes and women start exploring the other financial aspects that include shares, IPOs, fixed and recurring deposits and more.
Heather Weber who is a certified financial advisor extensively works with women to educate them on the needs of saving up for their future. So, here’s a list of specific reasons why financial advisors like Heather state that women must take charge of their finances.
- To ensure that no-one is depriving you of your rights: When you take charge of your finances, you know exactly what to spend and what to save. As a responsible adult you will surely never go beyond your limits and spend till you are broke. Similarly, when you are aware of your finances you can be rest assured that you are not being deprived of a good life style just because someone is feigning to be broke or saving up for the future.
- To be able to get due medical attention: If as a woman you are saving up right, you will surely have enough to meet your medical expenses. You will never really have to depend on others to get the required treatment for any disease that may affect you.
- To be able to enjoy the little pleasures of life: If you do not know the status of your bank accounts you will never be able to plan for future and indulge in the little pleasures of life. You must be aware of the disposable income and the bank balance to be able to promise your child an expensive gift or plan a road trip or beach holiday with your girlfriends.
- To be able to enjoy a carefree retired life: As Heather Weberalso emphasises, women must always do retirement planning well in advance so that they can lead a carefree and secured life even if they do not have any source of income or a spouse to support at that age. Ms. Weber specializes in retirement planning and actively involves in educating women about the importance of retirement planning.
So, as a woman capable of bringing about major changes in the society around, it is important that you secure your own future first. Ms. Weber, who is a certified financial advisor as well as fitness coach has major contributions in bringing about a change in the mind set of women about handling financial matters and future savings. Ms. Weber can also be consulted for complete help around retirement planning and related financial services.