Tag Archive | Women Use Payday Loans

Tips for Women to Avoid Being Scammed By a Contractor

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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.

Some Reasons Why Women Use Payday Loans More than Men

According to the Pew Charitable Trust report women use payday loans more than men use them. Why is this? There are many reasons that can contribute to women using these loans more than men do. Here are some of those reasons.

One theory about why women use these loans more is that they earn less than men do per hour. Not making as much as a man can cause more financial need for these payday loans for women. Some say that the glass ceiling is keeping them from reaching the financial stability they are looking for meaning they need more help from time to time.

Another reason may be that women are just not as stubborn as men in regards to asking for help. A typical man will not stop to ask for directions, they just keep driving in hopes of finding where they are going. A woman will recognize the need to stop to ask for directions, and do it. The same is true for payday lending, they recognize when they need some help and they go get the help that they need.

Women enjoy celebrating an achievement. Often time this celebration means buying something for ourselves that makes us feel as happy as the achievement does. It is times like this that cause some women to turn to payday lenders to help make that purchase. Or they get the loan to go out to celebrate and not to buy an item.

Women invest their money less than men do. There is a chance when you invest your money that you will see returns on it. Men know this and count on it so then they do not need as many payday loans. If women want to get these returns too, they need to learn how to invest their money wisely. Until they do that there will be payday loans to help them when they need it and cannot make it to their next paycheck.

Studies have shown that when it comes to running household finances more do it than men do. This could be another reason why more women seek out payday loans than men do. If they are the ones who are in charge of the household finances it will more likely than not be the woman who goes to get the payday loan.

There are so very many reasons why more women seek out payday loan more than men do. It could be one reason or a combination of reasons. It does not matter much what the reason is why more women need payday loans than men. No matter what the reason payday lenders whether online or in a storefront location will be there for the women who need them.

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    Are Women Becoming Better At Investing Than Men?

    There was once a time when a woman would be advised to find a husband as means of financial preparedness for the future. Those days are long gone though. Over the past several decades more and more women are entering the workforce and are taking care of themselves financially. While the pay may not be equal quite yet, it is getting close. It seems as though a new trend in investing has emerged; women are becoming better at making investments than men are.

    We all know that men would prefer to not stop and ask directions, whereas women enjoy doing just about everything with other women. This stereotype holds true in many different areas in one’s life, including investing. Researchers have discovered that men prefer to learn about investing on their own, while women prefer groups. This information can be found in detail in the “Handbook of Consumer Finance Research.” This may be giving women the leg up in investing.

    What this research is telling is us is that men like to direct their learning themselves. They prefer to go online and do their research as opposed to women, who prefer to go to seminars and meet with professionals. It seems that it is this difference that is keeping men and women from being equal in the investment world. The biggest difference is simply how men and women learn.

    Confidence can play a part in this as well. Research has shown that as far as men go, they tend to be overly confident when making their investments. Women on the other hand, have a tendency to be under confident. This means that men are more willing to take risks which can pay off, or not. Women do not take as many risks so they have a more steady return on their investments. Men want a big payoff while women do not want to risk everything that they have.

    Most experts agree that in order to be a better investor both men and women need to make sure that they know what their own issues are. No matter if you are a man or a women you should be able to identify if you are an overly confident or under confident investor. Do emotions play a role in your investment decisions? You need to take a look at yourself and decide if it all is logical. Are you afraid to make a particular investment? If you are then you need to ask yourself why and whether or not it is logical to feel this fear. Knowing your limitations, your insecurities, and all that other stuff, you can make better decisions when you are investing your money.

    There is still a little debate about whether or not women are better at investing than men. One thing that is clear is that men and women have different ways to learn about investing, therefore they have different ways they go about making their investments. What will the trend be in the next few years? It is hard to say, but this one may continue for some time to come.

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      Are Women Smarter Than Men When It Comes To Investing?

      There are new studies out that are showing a growing trend in investing; women are doing better than men. Why is this? There are numerous reasons that this could be. Women seem to be making better decisions and receiving the rewards of this when it comes to investing their money.

      There is a report from Prudential that says that women “do not fully understand many of the increasingly sophisticated financial products that are available.” This does not seem to be true now though. Over the past decade just about every financial company has released a report that makes women look like they have no idea what they are doing when it comes to investments. They make it seem as though women would prefer to have someone else deal with their finances.

      There was a new report released from TD Ameritrade, surveyed four thousand men and women across the United States, the United Kingdom, and Canada. What this survey shows is that ninety percent of women feel that they are confident when it comes to investing, and that they feel level-headed when it comes to managing their portfolio. This would be in contradiction to previous surveys and reports that have been previously released.

      Another thing that this report shows is that women prefer to be educated before investing and they are managing their portfolios online. This report shows a clear link between women who manage their portfolio online and those who are confident about their investments. Investing online seems to be empowering women investors everywhere.

      Keep in mind that all surveys have limitations though. They do not canvas everyone and there may be data that is different than it otherwise would be had everyone been canvassed. The TD Ameritrade survey was done across three countries, only surveying four thousand men and women. There are many people that this survey did not cover.

      It does seem that this is becoming a more popular trend. There may be women out there who have never even thought about managing their portfolio and investing online. The more women hear about it and do research on it the more women seem to be doing it. Women everywhere are becoming more educated in the financial world and therefore are able to make better decisions and do things that will help them along.

      Women may or may not be smarter than men when it comes to investing. More women are making smarter moves though and getting educated and get online. It seems that the more women get online to deal with investments the better they are doing with managing their portfolio and making these investments. So ladies get online, see what is there that will work for you and get going on your investing.

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        Is It Okay for Women to Get Payday Loans to Go Shopping?

        A newer trend in for women is to get payday loans to go shopping. Some of these women are considered shopaholics. Is it okay to get a payday loan just because you want to go shopping?

        The situation does matter. For example if you have to go to a work charity function, but do not have the clothes to wear and do not have the money until you get paid then it may be okay. There are times like this that cannot be helped and therefore the woman obtaining the payday loan does need to shop with that money, because they need something to wear to the even that they have to go to for work.

        If a woman is getting a payday loan to go shopping at the grocery store so that she and or her and her family can eat then it should be considered to be okay. Sometime, especially if you have kids or a single mother, you run out of food before payday. You cannot starve, you have to eat, and this is one way that you can do so.

        There are some women however take out payday loans so they can shop just to shop. They are not out looking for something that they want or need, the just want to shop. These women are what people call a shopaholic. They are addicted to shopping and want to shop no matter what it costs them. In this situation it should not be considered okay to get a payday loan to shop.

        Are you in need of school supplies for your child but have no money at the moment? This is another time where it should be considered okay to get a payday loan so that you can go shopping. You do not want to compromise your child’s education over some school supplies.

        Do you love to buy things for others? There are a lot of people out there who feel better when they give gifts to others. This is another example of when you should not get a payday loan to shop is to buy gifts for others when it is not needed. Even if it is for a birthday or holiday you should not overextend yourself financially.

        More and more women all across the world are taking out payday loans so that they can go shopping. There are times where this is okay; it keeps you going until you get paid again. There are times however that one should just not take out a payday loan to go shopping, especially when it is for something that you do not want or need.

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          Is the Glass Ceiling Sending Women to Payday Lenders?

          Almost everyone knows what the glass ceiling is and almost everyone knows what a payday loan is. What do these two things have in common? Women; studies show that women use payday lenders more than men, and there is a new theory out as to what is really behind this new trend. This theory suggests that women use payday lenders more than men because the glass ceiling is sending them to the lenders.

          While there are many factors that could factor into the equation as a whole such as age, parental status, and of course income. Many think that wage discrimination is at work, keeping women’s wages down, causing them to need payday loans more than men. Some do argue though, that every generation is seeing women as a whole making wages closer and closer to men’s wages. So is this new theory sound, or do we need to start at square one again?

          Some say that the reason that they gap between men and women’s wages is that more and more women are leaving the home in order to pursue careers and advanced education. Even with all that at the Democratic National Convention this year Michelle Obama even alluded to the glass ceiling as a way to call attention to the wage gap that we still have.

          While there still may be wage discrimination in the workforce, there is still one place women can go to be treated equal; a payday lender. Payday lenders do not care if you are a man or a woman; they are just trying to help the people in their communities to get the help that they need. They have four requirements that you have to meet in order and none of them have anything to do with sex. You must be at least eighteen, you must have a job, you must have a checking account, and you must be a resident of the United States.

          Equal wage rights have come a long way; they still have a long way to go though. The gap in wages between men and women has decreased and it seems that it may continue to decrease; no one really knows when the wages will be equal. It could take a year or two or it can take decades the point is no one knows for sure. People are going to continue to work for equal wages until they do not have a need to do so anymore.

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            Some Things That Women Need to Know About Money

            When it comes to money there are certain things that women need to know about money. Do you think you know what it is that you need to know? If you think you know all you should, or even if you think you could use some more tips, you should know these things.

            First of all you really do need to know your money. You need to know what you have coming in and what you have going out. This is where a budget can really help any women of any age. If you are unsure of how to start a budget ask your friends and family how they made theirs. They may have a few tips for you that you never would have thought of on your own.

            If you are married most experts agree that you need to have a joint account with your spouse. There are many women out there that do not understand why it is that experts say they should have a joint account. One big reason for this is that if something were to happen to your spouse and they died you would have instant access to money while everything gets worked out. If you do not have a joint account with your spouse, if something were to happen, you might have a much harder time accessing the money that you need.

            One tip that many women can benefit from is to wait before making a big purchase. If you wait before making a big purchase you can take the time to think about whether or not you can really afford to make this purchase. Impulse purchases of any kind can be trouble for us women. This is one reason that waiting to make the purchase is such a good idea. It will also help you to decide whether this purchase is something that you need and not just something that you want. Take at least one night to think about it. If possible take a week. The more time you have to think and make the best decision for you the better then decision will be.

            Have you started getting your finances ready for retirement? It does not matter how old you are you ladies you need to make sure you are preparing for retirement. Most of the time this involves a retirement savings account, this is not all you should be doing though. You should also be investing your money. The best way to invest is to keep your portfolio diversified.

            All women should be able to tell when they will benefit from professional help. No woman should be embarrassed to admit that they need professional help with their finances. There are women all across this country that have turned to financial advisors to get the financial help that they need, and generally women are better off for doing this. These professional financial advisors are full of the information that women today need. Any question about your finances that you could have, these financial advisors can answer.

            Seek out financial education. There are many places that you can do this. The more educated you are in the area of finances the better off you will be. Financial education is the key to having your finances in a place that you want them to be.

            Women today need to be careful with their money. They need to make sure that they are in control of their finances. Women need to take charge of their finances and know and understand how their family finances work. Get educated. The more education you get about your finances the better off you and your finances will be.

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              The Importance of Financial Literacy for Women

              It does not matter who you are, financial literacy is important, however it seem that is may be more important for women. Studies have shown that when it comes to women and finances, we know a lot less than we should, and a lot less than men do. It is important for women to increase their financial literacy not just so they can catch up with men, but for their own financial future.

              The FINRA Investor Education Foundation released a study that shows us that women who have a low financial literacy level spend more on credit cards every year than women who have a high financial literacy level. This means that they are paying more in interest than other women are. This interest can add up quickly and cause financial problems for those who get in over their head.

              This survey also shows us something else. It shows that those who have higher financial literacy levels are better at managing credit cards. This is a good reason for any women to gain more financial literacy.

              According to this survey women are six percent more points more likely to end up being charged a late fee than men are. This can have something to do with not having a high enough financial literacy level. If you have a higher financial literacy level, then you understand why you should do everything possible to avoid late fees.

              Women also seem to be less likely to pay their credit card balances in full. This can cause interest to add up. Most of us know that interest can add up very quickly if not dealt with in a timely manner. Those who are more financially literate understand why it is important to try and pay off the whole balance.

              Financial education should start in the home. The earlier it starts the better off the person will be. Women need to make sure that they are financially literate so they can pass on what they know to their children. Women seem to need to work harder to become financially literate than men do. If a woman works hard, she can be just as financially literate as a man, if not more so. It is not about a competition on who is more financially literate, it is about making sure that one’s financial future can be the best possible, and that you can pass all that information you have down to the next generation.

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                Common Money Mistakes that Women Make

                Most of us have a time or two where we make a financial mistake. Knowing what these mistakes are can help up to watch for them and then avoid them. Here are some of the most common money mistakes that women make. Knowing these can help you to notice more in your life.

                Women are empathetic and emotional, it is just the way we are. This can cause us financial trouble though. If we see someone in need we are more likely than men to help them out. If we do not have the finances to do this though, we should say no. However, most of us do not say no, we do what we can for that person even if it means we will be short on money. Doing this is a nice thing to do, but it comes at the cost of your financial security. It may be hard, but if you do not have the money to help someone, you have to learn to tell them no.

                How many of you ladies have heard the term, retail therapy? Chances are that most of you have. It is something that almost all of us do. We are upset about something; we go shopping for something that makes us feel better. This is a bad idea. If you have money in your budget to go shopping that is fine, provided that you stick to that amount and do not go over your budgeted amount. Instead of doing retail therapy, women should find other outlets for their problems, ones that do not cost money, such as going for a walk or writing in a diary. Spending money when you are emotional can cause you to spend more than you want.

                Another money mistake that women who are married or in a relationship make is letting the other person handle all the money. If you are unsure of how your finances work, you could end up in trouble if you suddenly need to take over. This could happen for various reasons, you could split from your significant other, or they could die, or they could get sick. The reason that you would have to take over does not matter. If you do not know how to run your finances you are in financial trouble.

                If you are in a relationship where you share money or are married, you need to talk about money with your significant other. Couples that do not talk about money tend to spend more than they can actually afford to. In the interest of saving money, sticking to a budget, and working for a better financial future, you must talk about money. This is a money mistake that is made all too often.

                When it comes to money women like to think they have it all under control. Some do however there are many who do not. Knowing the most common money mistakes can help you to stop making them, and find other that you make that you should stop. If it is a habit it may be hard to change it, but your financial future depends on you making those changes.

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                  Government Report on Women and Finances

                  The government has put out a comprehensive report called Women in America. This report shows that women are still struggling when it comes to personal finances. While women are doing better now than in previous decades, they still have a long way to go.

                  Most people know that women tend to live longer than men. Did you know that women are more likely to experience major health problems? It is true. These medical problems can hinder a woman’s ability to work. Many women also skip out on purchasing the care that they need because of the cost. If a woman is unable to work and cannot afford the cost of care, things can get really bad for that woman.

                  The earnings gap between women and men has been narrowing over the past few decades. That said there is still a significant gap between what a woman makes for a particular job and what a man makes for that same job. There is hope that in the coming years, the gap will continue to decline and eventually disappear all together.

                  With each decade that passes more and more women are graduating from high school and college. This is helping the earning gap close, but there are still some degrees such as engineering that few women go into. Some experts speculate that this can have an effect on the earning gap between men and women.

                  Women are getting married and having families later in life. Some feel that this could be due to women getting their degrees and having careers. Even though many women are having families later in life, more women than men are living in poverty today. The worst in disparity though is single mother families. They are having the hardest time trying to make it.

                  This report also shows us that more women than men are working part time in order to be able to take care of their families. It also shows us that more men than women are willing to work outside of the home. This may be in part due to women taking the main role in raising a family. There are many women who prefer to leave their careers behind in order to take care of a family.

                  What does all of this tell us? It tells us that women tend to live longer than men, but make less money than men. This puts most women in a difficult position at some point or another in their life. Women need to recognize these patterns and plan accordingly. If you are a woman who has a family or are planning on having one someday, you will need to figure out the best way to go about it financially.

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