In that sense, it is often said that women who are head of household are the ones who manage the weights they earn better, in addition to saving considerably more than men.
Money is money, but if it will multiply or go like water, it will depend on who handles it.
But what are they doing differently? According to a study by the Development Bank, these would be some actions:
1. They make long-term decisions:
Women who run a family set long-term goals, such as saving for their children’s college or acquiring a loan for a new home. Having a clear objective, it is easier to persevere until it is fulfilled.
2. They want their savings to be in a safe place:
That is, rather than relying on the mattress or a can to store your money, they prefer that you be in a financial institution that ensures you keep your savings protected in the event of theft or any other circumstance that threatens them.
3. They are entrepreneurs:
They need to generate more income for their home so they look for ways to invest and create their own business that allows them to improve their economy. Our money loses value over time, so it is recommended that, like these women, we constantly look for extra sources of income.
4. Pay attention:
Finally, women who are head of household closely monitor their finances, that is, they have an exhaustive control of what goes in and what goes out of the portfolio. For this, having a budget is basic, as it helps to keep track of each expense.
The truth is that just as there is a group that spends better, there is also another group that is not very cautious and usually borrows acquiring financial products that do not suit him and for that it does not matter if it is a man or a woman. One of the best known cases is the bad choice of a plastic, acquiring something that does not go with its profile, as it should be. To avoid this, first compare the market cards and then choose.
The rest of the tips you already know and it’s time to apply them.