Whether they’re big or small, we all can make mistakes with money occasionally.
But did you know there are some mistakes that women make more often than men do? I know it’s hard to believe ladies but true, here they are;
1. Women are more likely than men to want to financially bail someone out when that person is in trouble.
2. Women are also more likely to engage in retail therapy or shopping to make themselves feel better, and that can sometimes lead to overspending. Even if you saved 40% you still spent 60% more than you had planned!
3. Here is one that I see that might surprise you; women are more likely to financially support their children ahead of paying off their own debts. I have seen women and men get over their heads helping out their kids.
Having a plan is the key, do you have one?