Women Issues - The Financial Risks Faced By Women

Many women risk being too financially dependent on others. Getting a job and earning money is not the solution to this risk. Women need to be clear with their partners as to who makes the financial decisions. They also have to play an active role in taking financial decisions. She must know what happens to the money she contributes to the household and how the retirement money is being invested. She should track the money allocated to savings, debt payment, and the net worth of her movable and immovable assets. This knowledge can be very useful especially when something unforeseen happens. Knowing where you money is or if you have enough money solves financial problems faster and saves both you and your partner a lot of needless stress and frustration. Being financially independent to a degree also helps you attain financial independence, so it is important for every woman to find out how much she is financially worth, as well as the net worth of her assets and liabilities.

When this question was asked to many women on a survey, the answer usually was "my husband takes care of it" or