Women in today's workforce have steadily grown to be the breadwinners in their household which creates unique financial planning challenges. Looking for a female perspective on the matter, we asked a couple of female financial planners who use GuideVine to provide their insights and experience on how women can approach their financial planning.
Understanding the cyclical nature of the market and your risk tolerance are key when putting together an investment strategy that can weather market turbulence. Incorporating core principles like an emergency fund and understanding tax planning will help create a solid plan for the future.
When beginning your financial planning don't be intimidated by the mechanics of of how different investment types and principles function. Start with the basics by knowing your budget, goals-based saving and investing, as well as understand the interest rates you are paying on debt.
It’s not just your perception that rents are high. The top 10 real estate markets in the United States now demand mortgage-like payments from renters. But is buying and all the financial commitment it entails worth jumping into, just to avoid further rent increases?
Many people consider buying a house as their first stop on the path to financial security. But overspending on housing, overestimating ownership investment benefits and misunderstanding how home equity functions can seriously determine if buying a house is a sound financial decision..