How Any Woman Can Become Rich - Part 3

Dr. Mary E. Waters
 


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It is important to consult with a financial advisor to get information on how to invest your money. You want to know how to make your money work for you, instead of you working for it. When it comes to investing money, you should not hesitate to seek advice from professionals in this area. The financial advisor will encourage you to put some of what you earn into a savings account. He may want you to invest in a 401(k) or money market account. He may even suggest investing in stocks and bonds. Some may suggest that you invest in real estate. The financial advisor can inform you of the best interest rates so that you will know what to invest in and more importantly, why to invest.

A financial advisor can help you to lower the risk of losing your money because of poor investment choices. To avoid this negative experience, you may start with a small low risk investment. As a woman, you want to be an educated financial consumer and invest in the right thing, at the right time. The goal is to get your money to work for you so that you can put more money into your own pocket.

Many women are afraid of getting involved in any type of investments because of the myth that women do not know as much as men, when it comes to investing money. Women are so afraid of making a mistake in this area. The fear of financial failure (bankruptcy) keep many women from having anything to do with investing their own money. They cannot handle anyone saying, “I told you, and you don’t know what you’re doing. ” Many women already suffer from low self-esteem, and they do not need anything else to bring them down. For this and other reasons, they stay away from financial matters including investments.

To solve the problem, some women still feel comfortable living in the old days when their grandparents and great-grandparents would put their money under the mattress. To this group, I would say, “Wake up girlfriends, it’s a new age. ” To the women of those times, putting money under the mattress was a way of making certain they would have quick access to their money. The problem with this system is that it did not allow the money to do anything for the person. Money cannot multiple laying under the mattress. Today, the banks have insurance that will guarantee replacement of any lost or stolen money from their establishment. So, once you put your money in the bank, you do not have to worry about losing it. In addition, once you make a wise investment, you can expect a better return on your money.

It is important to learn as much as you can about handling your financial matters and investing your money, because you want to get the most out of your money. You should be striving to be at the point where you can use the extra cash from your investments to pay bills, take vacations r live off the interest. You have seen others realize their dreams to become financially successful and so can you. If you follow the principles of making and investing money, over a period of time, you are bound to get rich.

Are you interested in starting a business?

To the new and experienced entrepreneurs, getting help with your small business is very crucial to your success. Getting the right help will cause you to avoid costly mistakes, and it can also help you to save a lot of time, money and energy. You will need to get the right help to form the legal structure of the business, financial, management, procurement/certification, marketing, pricing products, preparing a business plan, and more. If you are a business owner who is wondering if you can take your business to new heights, contact Dr. Waters at tina. waters@waienterprises.com.

Are you looking to super charge your business? Did you know that you can start a legitimate business with little or no money? Sign up for Dr. Mary E. Waters’ free “Easy Business" bi-monthly ezine at http://www.drmewaters.com

It has many tips and techniques to help make your dream of becoming a successful business owner to become a reality. Plus, each month one lucky subscriber receives a free 30 minute on demand business consulting session!

Dr. Mary E. Waters is an author, speaker, business consultant. She is the author of “Easy Business for Women with Little or No Money. ” She strives on helping people to start their own business with little or no money. For many years, she has been helping people make their dreams of becoming a successful business owner come true!

Business URL: http://www.waienterprises.com
Personal URL: http://www.drmewaters.com

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