Tag Archive | United States

Money Tips for Women Getting a Divorce

Getting a divorce is difficult. There are a lot of things that need to be taken into consideration. With all that to deal with sometimes women forget to think about money. This is not the time to forget about finances though; it is actually a time to work harder at them.

When getting divorced you should do everything that you can to avoid a lengthy battle in court. This may mean that you have to compromise more than you want to, but it will be worth it. Lengthy court battles are incredibly expensive. You have to pay your lawyer to be there and to do all the work leading up to the court date. This can add up quickly. Instead compromise with you husband and settle the matter as fast as possible to save money on it.

LOL Just divorced. And no, that's not my car.

Look into different mediation firms. The sole purpose of these firms is to bring the two parties together to try and settle things as fast and inexpensive as possible. They try to keep it all out of court. This will help you to save money. Look into the different firms and find the one that is right for you and your situation.

If your husband owns a small business be careful. Unfortunately it is not uncommon for sole proprietors to try to hide money so they do not have to split it with their ex. This is something that is serious and needs to be dealt with properly. If your husband owns his own business then you need to make sure that your lawyer brings in a forensic accountant to make sure all of the money is accounted for and so you get your fair share.

You need to make sure all your insurance gets updated immediately. Do not leave your ex-husband as your beneficiary. Instead have it changed to your children or another family member. All insurances should be updated to show that you are divorced and have your husband’s name taken off.

Get some advice on your taxes. Filing for taxes is different if you are single than it is when you are married. You want to make sure that you are getting the biggest return possible. Find a tax professional to help you with your taxes, do not try to do this on your own, it is okay to get help.

Ladies, when getting divorced think twice before insisting on keeping the family home. Many women say they want to keep the house to help keep some normalcy for their children. If you want the house you need to make sure that you will have the income to take care of the home. This goes beyond the mortgage, you have to pay for maintenance, upkeep, and all that good stuff. So before you try to get the house, think hard about whether or not you can afford to keep it.

Ladies divorce is tough; do not make it harder than it has to be. Money is one thing that you do need to keep in mind when getting a divorce. Do not let everything that is going on cause you to forget about finances and how to protect you and your family financially.

More Women Are Now Lead Breadwinners in Their Households

There was a time when men went to work and women stayed home and took care of the house. That time is long gone. Now more and more women are not only entering the workforce, but are becoming the lead breadwinners in their households.

It has been estimated that 40 percent of all the households in America have women as the lead or only breadwinners. Just 53 years ago in 1960 this was only 11 percent. This is a big increase in half a decade, a sure sign that the times are changing.

These women vary from highly educated women to single mothers who are living barely over the poverty level. There is no real distinction between groups of women who are taking over the role of lead breadwinner in their homes. It is something that is crossing all the lines.

Lathe operator machining parts for transport p...

Lathe operator machining parts for transport planes at the Consolidated Aircraft Corporation plant, Fort Worth, USA (1942). (Photo credit: Wikipedia)

Women are feeling more empowered now than ever. They are taking control of their financial life and showing it by being the lead wage earning or the sole wage earner in their home. Traditional roles have flipped, and some men are staying home to take care of the children and the household now while women go back to work.

This is also showing the next generation of women that they do not need to rely on a man for income. They are able to go out there and make their own way and be able to provide for themselves. It sends a positive message to girls everywhere that they can do it too.

There are some that worry that this will take a toll of some sort on those with a family. While others say with economic times that can be uncertain it is best to get as much income as possible in the event one or both spouses loses their job. This way the family can go on living until a new job is found. There are kids who have lived in home where both parents have gone to work for some time now and they have turned out just fine, so those who are worried may not have much of a reason to.

With more and more women becoming the lead or only breadwinner in their home it will be interesting to see what the next generation of women do in the workforce. More and more will likely strive to do the same. It could mean a whole new take on how we look at women in the workforce and the role they play at home as well. Of course only time will tell this for sure, but it will be interesting to watch as it unfolds.

Will You Work Until You Die?

retirement

retirement (Photo credit: 401(K) 2013)

Retirement is a goal that many Americans have.  For some however, it is a goal that will never be reached.  It seems as though there are more people than ever who are not making it to retirement, they are ending their days working.  About one in eight workers will never make it to retirement.

The United Sates comes in second place with percentage of people never making it to retirement.  That is 18 percent, second only to the UK’s 19 percent.  The global average is 12 percent.  Brazil has the lowest percentage with only five percent of their workers never making it to retirement.

This information is from a report that was released by HSBC after they conducted a global study.  This is not a pretty picture when you look at it as the idea of working until you die is not something anyone wants to do.  The report also went into various reasons why more people are not able to make it to retirement.

Some of the reasons people are working until they die are depressed savings rates which push retirement back, high unemployment rates, low wage growth, not to mention an aging population.  While the ability for people to live longer is great, it is causing it to be more difficult for people to save enough to have enough money to last throughout their entire retirement.  This makes people nervous and has them feeling as though they need to continue working in order to make sure they will have enough for later in life.

There are many who do make it to retirement only to realize that they have not saved enough money and they have to work.  Typically they do not go back to what they were doing before; they find a part time job or even a full time job somewhere else and do something different.  This can be a chance for them to do something that they have always wanted to do, or something that they find more interesting.  Either way they have to work in retirement, and could still be working in this way when they die.

This is also causing retirees to have less to leave to their children when they go.  They do not have the legacy to pass on that they otherwise would like to.  It can leave some of their children rather disappointed because their parents needed that money to get through retirement.  However it is the parent’s money and if they need for retirement then they should be able to use it.

No one wants to work until they die, whether it is at a job they have been at for a few decades or one they work at part time during retirement.  Everyone wants to be able to enjoy their retirement and do whatever they want, unfortunately this is something that more and more people are having trouble doing.  Retirement is not what it used to be, it is changing, who knows what it will be like by the time the younger generation makes it to retirement, by then maybe they will get to have the retirement of their dreams, or maybe retirement will be gone all together, only time will tell.

Personal Safety Tips for Women

Women are often targets of violence because they are considered to be weaker by many criminals.  It is for this reason that women need to know how to take precaution when they are out and about.  Here are some personal safety tips that all women should not only know, but use on a regular basis.

Women at work on bomber, Douglas Aircraft Comp...

When you are out, even if it is just walking from your car to a building you must show that you have confidence.  Most criminals will pick those who seem to be the weakest and that look as though they will not put up much of a fight.  If you show lots of confidence it will show the criminal that you very well might be willing to put up a fight.

Always make sure that you are around of your surroundings.  Take mental notes of what vehicles are where and the people that are around.  Staying aware of your surroundings could help you should someone try and attack you.  You will have noticed where you could run to for help, or you would know if you yelled if someone would be within earshot.

Your purse is very valuable to a criminal; make sure you keep hold of it.  If you are not paying attention a criminal could come up behind you and rip it right off of your shoulder. You have a lot of information in your purse not to mention your money and credit cards. Keep it close and make sure that it is always zipped up or strapped shut so no one can reach in while you are not looking.

Trust your instincts.  If a situation does not feel right, then there could be something wrong.  If you do not feel comfortable enough to enter a situation then do not do it.  There is no reason you should risk your personal safety if you do not absolutely have to.  Find another way into the building, or another way to where you are going, or find someone who can walk with you through the situation, to help keep you safe, such as a male friend.

It is always a good idea to take a self-defense course.  This will teach you the basic of how to defend yourself should a criminal decide to attack you. This could help save you from really getting hurt.  It is not like you are out looking for a fight, but if you ever encounter a situation where you could use self-defense techniques you will be glad you took a course on it.

There are many women who get attacked by criminals all the time all throughout the United States.  You do not want to be a statistic, you want to be safe.  Being safe means taking an active role in learning how to defend yourself.  Do not risk your personal safety for anything, nothing is worth that.

Tips for Women to Avoid Being Scammed By a Contractor

general contractors in richmond virginia

general contractors(Photo credit: Crown Molding)

It is fair to say that most contractors are honest. It is also fair to say that there are dishonest people out there who pretend to be contractors, and if they think they can get away with scamming a woman they will definitely try. There are things that women can do to protect themselves from getting scammed by a contractor.

Before you hire any contractor it is recommended that you get four references. These will be other people that they have done work for. Then you will be able to contact these people and get their take on how the contractor is. They will let you know if they liked the work that was done or not. Be careful however, if they are a true scammer they may give you numbers for people who are in on the scam with them so do not rely on this alone.

You should also check with the Better Business Bureau. They will be able to provide you with a rating for the contractor. They will also be able to provide you with the reasons for why they gave that contractor the rating that they gave them. If they contractor you were thinking of using is unknown to the Better Business Bureau, then you should take that as a good sign that they are not a real contractor but rather a scammer.

Once you have selected a contractor that you think you would like to hire it is a good idea to check their contractors’ license. You need to make sure that it is up to date and not a fake. You can do this by checking their license and local operating permits. If you do not do this not only can you get scammed but you could end up with work that is not done right, and that is not up to code costing you more money down the road.

If you are a woman who lives a loan you should invite someone over before the contractor comes over. This should preferably be a male friend or family member. You do not want your contractor to know that you live alone. Even if they are a real contractor and not a scammer they may decide to scam you at least a little simply because you are a woman who lives alone. It is just best to have a male friend or family member be there with you each time, preferably the same one each time.

Ladies, while you should not assume the worst in everyone you should always prepare for the worst. This is just being smart and protecting yourself from getting scammed. Make sure that you use a local contractor who is trusted not someone who travels. When it comes to contractors a woman cannot be too careful when picking the right one.

Ways Women Can Protect Themselves When Alone

Ways Women Can Protect Themselves When AloneWomen who are alone are more likely to be targeted by a criminal than anyone else. They typically appear more vulnerable than men, or even a woman who is with another woman. There are things that a woman can do to help protect herself when alone.

It is a good idea to go out and get a small bottle of pepper spray that can be attached to your key chain. Having pepper spray attached to your key chain means that you will have it out and ready as you are walking to your vehicle. If a criminal does come up to you as you are walking to your car, you will be prepared.

If you do not know self defense techniques or you have read about them and would like to practice them, sign up for a self defense class. These classes not only show you how to defend yourself but they will allow you to practice them as well. You will get the chance to practice these moves in a safe controlled environment so that if you should ever need to use them you will be prepared.

Most of us have cell phones these days. If you do not have one, you should seriously consider getting one. There are phones that you can get for a reasonable cost and that do not even have monthly plans. You do not have to spend a lot to have a phone, especially if you only have it for emergencies. Keep your phone out when walking alone, if you feel uncomfortable call someone. Sometimes all it takes to feel better is someone on the other end of the line. If a criminal sees you on the phone they will be less likely to approach you as they will be heard on the phone and that person could hang up and call the police right away.

If you are going to be going somewhere you are not familiar with or going to meet with someone you do not know very well you should let someone know. Even if you are going on a date with someone you should let someone know where you will be and when you should be home. This way, if you do not show up when expected and that person tries to call you and cannot get a hold of you, they know to contact the police. Many people think that if they are just going on a date it is not a big deal even if they have never met the individual in person, only online. The truth is you do not know what that person is going to be like until you get to know them, do not risk it, stay safe.

Women are considered the weaker sex and therefore are targeted by criminals. This is never more true than when they are alone. There are ways that you as a woman can protect yourself. Do not wait until you have been made a victim. Take action today to protect yourself.