Women and Finances: Getting Started Budgeting and Investing

Plan your budget and savings with care!

Sometimes women can be hesitant to jump into financial planning or investments, but usually that tentativeness can be cleared up with education and knowledge. Here at MomVesting, we believe that women can (and do!) succeed at financial planning and investments; women are smart, able and willing to tackle these topics head on with a little know-how.

This is where MomVesting comes in: we want to help! The following are some of the first steps that can help you take control of your finances and explore investing to build long-term wealth.

Women and Finances:

• Do you think women and finances don't mix? Our facts about women and finances prove otherwise!
• Still not convinced? Here are some great reasons why women should not be afraid of money and making it work for them!
• Women need a financial retirement plan – see some thought-provoking statistics.
• Worried about failing? Don't be. Failing can be a first start to financial success.
• Create financial goals for yourself to keep you on track.

Taking Control of Your Finances and Budgets:

• Learn how to avoid impulse buys – see how sales gimmicks are designed to suck us in (pun intended).
• You've heard the phrase, "Pay yourself first," right? See why!
• Are your financial papers under control? Create a financial organizational binder, and they will be!
• Need help creating a budget? Here are tips for a basic budget and advanced budgeting techniques.
• If you are a mother or deal with children, we have lots of ideas for helping kids understand finances.

Getting Started Investing:

• Find the financial terms confusing? Check out the financial glossary for clarification and more information.
• Are you ready to invest? Here's what you need to know to make sure.
• Saving money isn't everything – investing and making your money work for you is exciting!
• Here are four types of investments to consider when getting started.
• See an introduction to the five main ways to invest: bonds, capital gains, dividends, mutual funds and stocks.
• A woman's natural talent for investing: why women can do it just as well as the guys!
• When you're ready for more in-depth information, check out these books about investing that we recommend.

Saving Money – Ways to Free Up Money for Investing:

• Decorating your home on a budget. Your house can look good without spending a lot.
• Sometimes smaller is better. Living in a small home can sometimes be a blessing and save you money.
• The little things add up. Small savings can create big opportunities.
• Why being debt-free is not enough. Women need more than just freedom from debt to be successful financially, and here's why.