If you are a single woman over … let’s say 25, proper financial management is going to become an important part of your life. The truth is, rather than sit around hoping that one day you’ll find Mr. Right to help bring you financial stability, you are going to need to start seeking it for yourself; become your own hero, so to speak. Of course, this in no way precludes your getting married, but what if you don’t? What if you get to age 40 still unmarried and also still broke, no house, with student loan, credit card debts and car payments, etc.?
Prevention is always, always better than cure. Besides, I think it would be great if you go into a marriage financially stable so you can complement your husband rather than be a burden to him. Life is hard for both genders these days, and everyone needs to be pulling his or her own weight as far as possible. I also think it’s easier for your potential husband to see you more as an equal partner in the marriage when he doesn’t have to be propping you up.
Personally, I have found that proper financial management involves one very important element: changing your mindset. You know how we as human beings often love the bling, the fancy car, the mansion, the latest gadgets, the designer clothes and shoes? So whether we can afford them or not we often seek out these things. Many of us put ourselves in debt and take on big mortgages we can ill afford, just so we can feel good about what we have, and keep up with our neighbours, our friends, our family, and people we don’t even know.
But you see what is behind most of this? What other people think. If there is one thing I have learnt, it’s not to make my financial decisions to impress anyone else. Trust me, that is one of the most important rules of managing your finances. After you have mastered that, life gets way easier.
So how about you start today by weeding out the mentality that says you need to keep up with the Joneses, and start living within your means? I guarantee you that you will live a more productive and satisfying life that way. Your future will thank you for it.
Daughter of a King