4 Money Lessons Every Woman Should Know By Michael Deane Women are becoming more financially savvy and becoming business leaders faster than ever, encouraging other women to learn about businesses and finances.  It’s no secret that women still earn less money than men even when they do the exact same work. For every dollar a man makes, a woman earns 80 cents. The difference amounts to thousands of dollars annually. Research revealed that in 2018, women earned 85% of what men earned. Since they earn less and live longer than men on average, women need to be extra smart about money. Lesser lifetime earnings mean having to get creative with income in order to manage to pay the bills, save for retirement, and afford certain wants.  For most of us, financial independence is having a stable job. However, having a steady income is not sufficient. You need to learn how to manage it, save, and grow your income. Here are some important money lessons that every woman should know.  Always Have an Emergency Fund It is not uncommon for people to be stuck at a bad job, a bad apartment, or an otherwise bad situation that they could get out of if they had some money set aside. Well, that is what the emergency fund is for. Samantha Barry, editor-in-chief of Glamour, agrees that this is perhaps the most valuable money lesson there is.  You could lose your job or fall ill and need extra money. If you don’t have an emergency fund set aside, you will likely fall into debt. No one knows what the future holds and unpredicted situations are always a possibility. Having a fallback fund, some [...]

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