Almost 70% of women in the world do not know the right investment. because most women love shopping. They don't even need to buy things, because the nature of women always wants to have what they don't have.

        McKinsey ventures to by 2030, American ladies will control the lion's share of $30 trillion in financial assets owned by baby boomers. Fueling this shift — which rivals the U.S. annual gross domestic product in magnitude — is a 30% increase in married women making household financial decisions compared to just five years ago. Younger ladies seem even more engaged. Concurring to the Boston Consulting Group, a remarkable 70% of female millennials reported taking the reins for all financial choices, result echoed by other current considers.

        Mckinsey also said that most women live longer by about 5 years than men, therefore women must be financially strong. how beautiful it would be if a woman from a young age had prepared an investment for her retirement. because in the future we don't know anything, for sure there will be a lot of unexpected expenses. but if a woman can't anticipate her current budget then they will find it difficult to find funds when they don't have an emergency fund.

        to learn about investment, the admin will give tips on how women can manage money perfectly. among others.......

1. Know Your Number

        Control all your finances, the meaning of the message above is that we have to know the amount of our average expenditure in a month. sometimes women are more free in terms of spending. they are more concerned with lifestyle, parties, holidays without thinking about the expenses that he spends. For that, add up each average monthly expenditure and also uncontrolled expenses so that it can be compared with the previous months. after that compare it with the assets that you get every month, then from there you will be able to better project your expenses each month.

2. Expect the unexpected

        Think of a worst-case scenario in the future to manage all the assets you have, such as a disability or hospitalization due to an illness. it can trigger women to create reserve funds so that they can be allocated properly. because we don't know what the future will be like. For prevention, prepare reserve funds to be used as future asset allocations. although there is a life insurance for those who work in a company, According to the Social Security Administration, a 20-year-old has a 25% chance of becoming disabled before reaching age 67 compared to a 13% chance of dying.
For the selection of insurance as well, you have to look at the policies that they guarantee as well as the price we pay each month. it's better to look for full access to health, because health is more important than everything.

3. Get your financial house in order

        Gather estate-planning records (trusts, wills, etc.) and know which come keen on participate while. Check them every three to five years, or when changes occur such as births, deaths, marriage, or divorce — or as external factors such as rising rates, inflation or tax laws change. Also develop an eldercare plan and communicate it to your children. HBO’s hit show “Succession” is a fabulous reminder of how difficult situations arise and many are not well sited when parents become injured or wiped out. a document is an important thing that must be prepared beforehand.

4.  Build your dream team

        Even if only one of you participates in gatherings with external advisors, make sure the advisor team resonates with both. In BCG’s study, a lot of ladies expressed dissatisfaction with their current wealth advice, with nearly one-third reporting that their relationship manager addressed them in a different way because of their gender. What about one-stop shopping? It may sound convenient, but rarely works in practice. You’ll likely need a separate tax professional, attorney (which type depends on your life stage), financial advisor and insurance specialist — though they should join and coordinate seamlessly on your behalf. And even if you “inherit” a team, you may need changes to create it your own. You have the right to stand up and advocate for yourself, no substance who is session over the table.

5. Fund your favorites

        Make a dream that you can that makes you happy, make sure that dream is your life goal to become a real woman. try to save your funds by thinking that I want to achieve that dream and pursue it. Make your dreams a priority in life.

so this article, admin hope you can learn and apply it in life.