Financial Planning

Women Must Tend to Manage Their Money

Car? Estate? Trip? Wealth?................................. = PLANNING

Nowadays, women must understand about the importance of financial management!

There is the rule of “Gender Equality” nowadays, so I believe that there has many woman working harder in the society to become an economic independence of modern women. They are no women are longer stay at home to do the housekeeping work or take care of children only but will take good care of both of their house working and also society work. I believe that the women nowadays will do better than the man.

In our country, the president of the National Bank named Zeti and Malaysia’s Hong Leong Bank Managing Director and Chief Executive Officer named Chia Yao Yi Wen are the best role model of the economic independence of women.

Therefore, the opportunities of economic independence woman to accumulate wealth will increasingly in the continuously time. However, the woman who has wealth nowadays does not know how to manage their money and even do not have any other planning. They will only manage their salary like the traditional ways which is save the money in their saving account. They are lack of confidence in the investment management, so the majority of women will stay in the more conservative situation.

For those women who are single might think that such planning has been enough for their daily expenses. But when they face to the unexpected situations, such unplanned savings tend to make you feel unprepared. In the other ways, try to think about if you want to organize a family, does the unplanned savings could work it out or enough for spending it?

Assumptions, your University has graduated about 22 years old, and you work during the 7 to 8 years of spending every monthly salary with unplanned savings. The unplanned saving will let you face with trouble once you have to rising of children and other. Just because of all the expenses such as medical expenses, educational costs, living expenses, home expenses and other are use the only savings account to solve it. At that time, you will perhaps find that asset for the value and the importance of family security was too late.

As a modern woman, you must have a good planning for your future.  Remember! Youth is your capital! No one will hope that they still have to continue work when they are getting older.

Therefore, you must carry out some activities to absorb some financial knowledge or consult professional advice from financial experts.

Achieve your goal by start changing and planning T.O.D.A.Y ~