This is National Women’s Week and the Women’s Affairs Bureau of the Ministry of Labour & Social Development is celebrating with a week of events that you should endeavor to participate in.
However, as we celebrate one of the realizations is that despite the inroads made by Bahamian women – they still seem to be complacent when it comes to relationships and money matters.
Bahamian women for the most part seem to still be comfortable having their finances managed by the men in their lives and seem to still think that men are the answer to their financial woes.
This is a grave mistake and I want to say that it is important for you even if you are married to a money management expert who provides for you and doesn't have a sweetheart (as far as you know) on the side to become involve and understand what’s happening with the money in your house because if something happens to him you won't have the slightest idea of what to do.
And if he does turn out to be a devil because of your hands off approach you won’t be able to find all the money which will result in you getting the shorter end of the stick.
So my warning to you is no matter how confusing, complicated or boring you feel money management is, not learning about money and investing is the most devastating things you can do and a sure bet to ruining your future. And whether you believe it or not, no one can manage your money as good as you can.
The good news is that it does not take a lot of effort for you to manage and make your money grow. If you are guilty of this mistake here are eight simple steps to get you on the right track:
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