Top 5 Women’s Mistakes in Personal Finance Management

Buying an apartment, because a friend bought the same, cosmetics instead of paying off a loan and other indisputable decisions
Both men and women can make annoying mistakes in managing personal finances. And yet there are mistakes that are peculiar primarily to women.

Small goals prevail over large ones
The small “joys of life” in the female mind often outweigh the really important financial goals. When drawing up a personal financial plan, it happens that the client has a high income, but there are not enough free funds to achieve the desired financial goals. And even after tax, investment, credit optimization, the set goals are still impossible to achieve in the desired time and in full. We have to resort to a thorough analysis of expenses – this is where it turns out what a lot of money a woman spends on the “interface” (clothes, cosmetics, procedures, etc.). Continue reading →