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Saturday, May 26, 2007

11 Ways Women Can Find Greater Wealth


  1. Don't Jeopardize your Future to Please Others Now: according to Suze Orman, jeapordizing financial security to help friends and family isn't only done by middle-income moms looking for ways to finance a wedding. There are many women who have admitted getting into financial trouble because of spending on others. Women must push aside the idea that to satisfy others they have to suffer. Taking care of yourself financially now will ensure your ability to take care of yourself and the people you love in the long run.
  2. Don't Worry About What People Think: Orman says women face social pressure to take care of others not only at home but also in the corporate world. We are motivated by fear, fear of what others will think if we can't afford certain things.
  3. Figure Out Your Life And Your Career Will Follow: Don't focus on the paycheque, Figure out what you love to do and pursue that, because It follows that when you do what you love, you will work more and the money will eventually come.
  4. Don't Take The Easy Way Out: You may want to avoid confrontation but this will only leave you with more responsibility and pressure that you don't need.
  5. Wish Others Well - Including The Competition: Don't be soo quick to think that just because another woman is successful it means there is less room for you. Why can't more than one person be successful at what they do. Take a different approach and welcome other women's success and wish them well.
  6. Let The Dogs Yap: Ormans Advice, "Ladies, walk yourselves through all the opposition, all the negativity. Ladies, walk yourselved through all the competition and all those who say it can't be done. Take your power and keep on Walking.
  7. Put money in your home and make a plan to pay off your mortgage as soon as possible
  8. Take advantage of your 401(K) or RRSP
  9. Come up with a little something on the side, if you've done everything you can set up a side account and invest in stocks, mutual funds, or bonds
  10. Keep credit cards in check
  11. Watch your spending

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