Ladies,Things Mamma didn't tell us about Money

Of love and money

It is good to fall for “potential” in a partner but love and poverty are not very good friends. Know your man’s plans for the future, his current debt and earning power. Not to judge him by, but so you are not in for nasty surprises. Know exactly what you are getting yourself into.

Do not be fooled, unless there is tons of love most men will be insecure if you are more educated or paid than they. If you are more educated and he earns more though, that’s often fine. Apparently it’s the cash count that matters. Do not turn a blind eye to this – it will affect your relationship, guaranteed!Listen carefully…. Ideally big fish, live in big ponds and play with their fellow big fish. If,  for some reason,  Cupid plays tricks and you fall for smaller fish be prepared for a fair amount of ego-rubbing, sucking up, apologising for who you are and plain stooping to try and make sure he feels alright.

Its okay for women to own assets too. By assets i dont mean booty, i dont mean microwave, car or electric frying pan either. Work hard, earn hard, buy wise, get assets that appreciate in value and do not cost you more to retain than they bring in.

Dream big. Get an education. Here I do not just mean diplomas, degrees and PhDs. Do your research on whatever field interests you and has potential of earning you a living, get to know it well before you venture into it so that you prepare for potential challenges.

If you would be okay to live off your man’s money then its only fair that he also has some of yours…Yes, it is.

If in a marriage, declare all your income and assets just make sure that you retain overall control of it and that the name of the papers is yours.

So Mr Man bought you a car/house/farm. Nice…If your name aint on the paperwork then its only on loan to you, it aint yours.

Cash smarts…

The easiest way to make money is to marry a man with lots of it! The only way  to really enjoy money, however, is to earn it yourself…

Every woman needs a rainy day fund. Money only you know you have. Mama used to stash hers in an empty buscuit jar behind the cupboard – its wiser to deposit yours in an account that earns healthy interest. Trust me, you will need it some day, a rainy day will come….

Pay your dues to God. If you are not tithing, it is pointless to save or invest because 

all that will come up to nothing. Give to God what is Gods’.

You are a conduit of blessing to others so GIVE, GIVE, GIVE. If you pass it on, more will be given.

There is no such thing as passive income. If aint out there making the money, it will not ever just come your way by itself.

Never owe more than 20% of your income, here I am talking about guaranteed income and not money that may or may not come. Pay your debtors on time – in full. A good credit record is priceless.

Do not fear credit. No one ever got rich just by saving from their already meagre earnings. You need to get out of the boat in order to walk on water.

Learn to invest wisely. Learn to speak the language so that people do not take advantage of you, it is still in many ways a men’s world. Learn to hold your own.

Never co-sign on people’s loans or lend to people you know will most likely give you trouble in paying back, especially if these people are relatives!!! (Read that twice!)

Do not be ashamed of how you or your man earn your living

source: {PFimbiYangu}