Learn about the 5 mistakes a mother's financial management

Learn about the 5 mistakes a mother's financial management

Financial experts argue that we could have made a mistake in arranging money especially on certain conditions. One of them when we become mothers. As a mother, of course you're going to prioritize children in all forms of expenditure. It is able to trap You made a mistake in arranging household finances. Then, out of the 5 common mistakes made by a mother as well as begin regulating finance better.


1. more worried about College Fund instead of pension funds
As a parent you certainly want what's best for the kids. Including prepare it as best as possible in the face of the world. One way that is considered the most ideal with a decent education. No one denied that the Education Fund is indeed should be prepared early on. But in preparing for a College Fund doesn't mean you also forgot to prepare Your day old funds. It is important for you to keep thinking about the continuation of the old life. Don't think this is selfish. Parents with a planned retirement thus think of the future. So later you will not burden the lives of children.

2. do not take the decision about finances
Many mothers who just set a daily spending and spending money. They did not enter thinking of investing and financial plan family. If you are one of them, started to get involved now! At the very least get a jarring suggestions. Usually strategic, tactical thinking and practical a mother who has trained everyday in regulating finance would be useful.

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3. do not give allowance
You might think is a good thing for the child is not the run. Because the food court is just a waste and make the child be consumerist. There are, however, early child must learn to deal and know with certainty the number must be issued to buy the things she likes. Allowance also helps children learn to manage finances and learn to limit their spend. Important You should be consistent with respect to the amount issued per day for children.

4. Compromise with lower wages
As a MOM, especially with a young child, you must have the time and moves with a high flexibility. Usually, for the sake of flexible working hours, working MOM willingly earned or gets paid less. Whereas the ends, with your income has remained unable to save or invest.

5. Lazy to take care of the House

You should still take care of the House. Especially the purposes of school children such as uniforms, clothes, shoes and textbooks. When you are all negligent, it would be faster. This means you have to spend money to buy a new one. The durability of an item also relies on her treatment. Then, taking care of the House, also a way of frugality. Of course you do not need to intervene directly if there are things that can be delegated to the Assistant to the household. All you need to do is keep watching him as well as ensure that all should be well maintained.
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