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The Single Ladies Guide to Handling Finances
Many households nowadays are dual income, with both partners working and bringing in money to run the home. Even in single-income households, having a partner can help with budgeting, paying off debts, and planning for the future.
When single, you can only depend on yourself to make decisions and plan for the future.
Handling finances on your own, however, can be challenging and confusing.
Having been there myself, I thought I’d pass on some wisdom I’ve accumulated over the years.
A Guide for Single Ladies to Handle Finances
First things first, balance what you know you need to do for yourself with how you see your future.
For instance, I know one day I want to get married, but all of my decisions today can’t be in preparation for that. I must still make decisions for taking care of me today while setting myself up for the future.
So, where to begin:
Understand your finances first. Know your earnings, understand your options for saving and investing, and create a budget for yourself for your day-to-day expenses.
To touch upon the different areas, you should be thinking about and looking into when building your financial…