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There are many things you can not control in this world, such as the stock market is always moving to fluctuate. However, for a number of things such as personal cash flow, you actually can control.

The problem is, most people unconsciously sabotage their own bank accounts. As a result, long-term financial security became threatened. So, whatever the financial mistakes commonly done by women?
Do not pay attention
Financial experts have called ‘financial vagueness’ alias financial obscurity. Basically, the condition that means you do not know where did the money. When it feels comfortable life, you probably do not want to get too dizzy financial control. But,
ignorance that can make you do not have a plan to get the things you want in life.

The solution, you need to set a specific goal. Living without a purpose just as the race without a finish point. Most women know the weight and how many pounds of weight dream that should be eliminated, but they do not know how much money it takes to live in the future.

Start by writing a short-term goals and your long-term. Short-term goals such as mortgages, heavy tools, and holidays. While long-term goals such as retirement fund savings. Determine how much funding is needed, and create a monthly savings plan.

Delaying saving

No matter what kind of future economic conditions, those who open accounts pension funds in their twenties, can get the final result more than double those new to open pension fund account in their thirties. So start investing than today.

Also, do not forget to open an account for emergency funds in case something bad happens to you. For example, fired from jobs. Having an emergency fund account means you can still make a living for at least six months to a year ahead. According to Joseph A. Leonard. CEO of Coastal Investment Advisors, financial experts advises you to have savings worth at least nine times salary.

Wrong pay debts

Prioritizing pay your credit card debt. If you have several credit card accounts must be settled, begin by paying a credit card that comes closest to the limit because it is harmful to your credit score. After the amount was reduced to half of the credit limit or smaller, start paying credit card interest rate
highest.

Certainly, the financial problems often becomes the main cause of the destruction of relationships. In a dispute that occurred in the family, money often becomes the trigger. The location of the problem, among them due to lack of communication, and lack of proper financial planning.
Barton Goldsmith, psychotherapist and author of Emotional Fitness for Intimacy, said the financial problems become the number one cause of divorce. “If you do not master the language of compromise, is easy once the relationship is disturbed,” he said.
To be able to plan finances well, you would need first to discuss about finances with your partner, parent, or child. What should be considered?
1. Journal of expenditure.
You and your partner need to discuss the financial outlay. For what your money is used, this is the main issue.
According to Goldsmith, each couple must discuss this issue, even if you feel fine finance and control. The purpose of the financial control of them regularly so that you can analyze whether to make changes in priorities.
How to undergo this kind of financial control is to keep a journal of personal and household expenditure. You and your partner need to make this journal respectively. Benefits, at the end of the month you and your partner can evaluate the financial condition. This journal helps you to stay within a stable financial condition. At the same time can also see, whether there should be a reduced expenditure or increase savings.
2. The division of tasks.
Living in pairs need compromise and cooperation. Included in the shared role in financial matters. Conflict is inevitable in the presence of a clear division of tasks. That way, you can avoid the unpleasant situation that a source of dispute. Like, one party feels burdened because they have to take care of everything alone.
How, make a list of obligations related to household needs. Start buying gas for cooking until the electric bill. Share the role of who pays what. To undergo this task, perform monthly meeting. When talking about money, you can not underestimate.
3. Pension fund.
You and your partner may have already occurred or even already has a pension fund from the company. Has this pension fund, however well planned and capable of meeting the needs both of you later?
Talk about this pension fund with a partner. If you feel the need to invest together to prepare for retirement, looking for solutions together. If you do need the help of financial planning, financial planners start looking for services that you agree with the couple. Uncertain economic conditions require that you and your partner ready for any situation.
“Engagement with the financial planner provides another advantage, because it can provide more objective advice, ‘clear Goldsmith.
4. Investment plan.
Variety of investment options may be tempting for you and your partner, is associated with more optimal financial planning for the future.
The right time to talk about investing is when the end of the year, said Goldsmith. At the time this is the one usually re-evaluate their financial condition. To select investments, make sure you and your partner are equipped with appropriate information. With the right information, you can measure investment risk and financial capability.
To unify the views about investment, you and your partner need to have the same perspective. That any financial plan that will be made or executed, the sustainability of the relationship above all else. So make sure you and your partner is fully forward the relationship of any disagreements or concerns to invest.
5. Buying gadgets for children.
Increasingly sophisticated technology. More and more products are offered and seductive, even for children. Mobile, iPad, and others, it was as a premiere and not a tertiary needs anymore. As a parent you need to discuss the nature of the consumer to children. Shopping stuff like this certainly was not financial concerns?
Parents need to give an understanding to the child about the priority needs. What is important and not to have them. That way kids can pick their needs.
Be open, because the children also need to understand the parents’ financial condition. Give a copy to the child’s household budget. Children learn about financial management of these ways.
6. Credit cards for kids.
Children under 18 years, while in junior high or high school, may require a credit card. But if you feel the need to give credit cards to children, teach how to use a wise first. Just lend your credit card, then evaluate what your child is using it.
By Jennifer Austin Leigh, PsyD, a psychologist and family counselor in Ney York, parents need to provide restrictions. Begin the use of credit with a small limit. If the child is capable of accountable, add higher.
“If parents give high credit limit from the beginning, you are being taught to the child’s failure,” said Leigh. Give a complete understanding about credit cards, from how to use, responsibilities, and risks.
7. Children’s education expenses.
You and your partner need to discuss the cost of education since the child was born, said Kalman A. Chany, founder of Campus Consultants. Start saving or consider a number of financial planning related to children’s education expenses.
First step, do the investment. Choose the type of investment that is most comfortable and fit your abilities. If you do not feel confident with the decision together with a partner, find a financial planner to help you make the decision.
Involve your child as well as will discuss the cost of college. By college, children are better able to understand the parents’ financial condition. Encourage children to talk about the family’s financial situation, and discuss options following university costs. Discussion of this important open like parents do with children, in order to create mutual agreement.
8. Help finance the parents.
Your parents may have set up pension funds, but whether it has been self-sufficient in old age? Not a few children, though already married, keep a financial contribution to her parents. Research from the Pew Research Center in Washington DC showed 30 percent of children in adolescence contribute to the financial parents.
As a child, you can discuss a financial contribution to parents with other siblings. Generally, parents do not want to bother their children and are reluctant to discuss its financial difficulties. We recommend that you ask the oldest brother to convey the family’s financial plan to help parents. If you are married, the financial contribution for the parents also need to be agreed with the couple.
9. Health insurance for parents.
Do not wait until parents aged 50-60 years, then you consider to make health insurance for them. Prepare health insurance for parents as soon as possible, so you have no reservations when a parent when ill.
Expand the appropriate information before selecting a long-term health insurance products. Give understanding to parents about the benefits of this insurance. Because they do not necessarily feel the need to purchase an insurance product, or because it did not want to bother her. Give examples of cases of family or friends who struggle to pay health costs without insurance. Then ask your parents to talk about the choice of insurance products that you find out in advance.
10. Financial guardian.
In an emergency, who can you trust to take care of your finances? Likewise with your parents. When he was growing older, to whom financial decisions will be delivered?
Talk to your parents about this family’s financial guardian. If you feel more just to hire a lawyer, make a family agreement. Or if you feel comfortable with family, point to one of the most trusted to manage the family finances.
This talk is not about heritage. However, more to the preparation of the financial management of the family is more restrained. By talking about since the beginning, you and your family to walk on mutual agreement about the family finances, with more comfortable and well planned.

Stereotypes that developed long ago stated, more men than women incapable of managing finances. Women are notoriously difficult to control the spending appetite, especially if there is a tempting offer of a discount.

But, in some ways, the weather actually has some advantages in managing money, which is not owned by a man. What are they?

More careful
Most of the financial affairs in many households are handled by the wives, ranging from making a budget, pay bills and much more. That means, you most know how much funding is needed or how to adjust the budget.

To be thriftier, take responsibility for deciding the purchase of any necessary and reasonable, and what does not.

Care details
Investor women spend 40 percent more than men to check for stock investors. They also give more attention to the general operations of the company they invest the money. The result is a group of women investors to dredge the results to 7 percent more per year than male investors group.

In the midst of economic conditions that are not too stable, detailed research and careful is the best way to succeed.

Unselfish
For the men, money is the measure personal success to satisfy his ego. But, for most women, money is a means to an end his life. That’s why men are generally beginning to invest in their 20s and 30s, while women are more influenced by personal moments, such as the presence of children, divorce, or death of a husband, a trigger to do something more with the money. For acquiring maximum results, do not wait until there is something to start investing.

The financial crisis also could happen to you if not able to manage money well. Although the job is still safe or even macro economic conditions are still under control, your inability to organize, manage, financial planning, and discipline yourself to be a source of personal financial crisis.

This condition can be avoided even if you lose jobs, businesses do not run smoothly, or macro-economic conditions worse. Owns and runs a financial planning solution. Planning, strategy, and discipline, this is the key to face the temptations that many consumers and make the consumer.

Saving and pension funds into just a way to save some of your financial condition of the crisis. By having a savings or reserves, you can also secure despite crisis of whack. At least you can still survive and be able to make a living despite the crisis hit, due to job loss for example.

However, savings of Indonesia was never sufficient to get through the crisis. Research Citi Indonesia mentions, one in five people of Indonesia (20 percent) who have savings sufficient to declare his savings just four weeks. On average, Indonesian people have a savings account which is only sufficient for 11 weeks.

Though financial planners often asserted, you should have a reserve fund of at least three months of earnings. Some have a measure not of income, but expenditure. That is, your bank account should be filled in the amount of money sufficient for three months if you lose your livelihood.

Planning for retirement funds into other requirements you must meet. The goal is that you can still live comfortably during a crisis or when no longer productive to make money.

Science plan and manage these finances can be obtained in many ways. Following the seminar, workshop, looking for references from the books, and various articles to be some way.

What is learned?
* Begin to understand how to control your money, such as making financial decisions carefully to choose the adviser or financial planner right.

* Next, how to develop your money by investing. Begin to learn to recognize risks and find the most appropriate strategy for you, as well as selecting investment products that can optimize your money.

* Knowledge of the understanding and use of credit you also need to have in order not easy to get caught up in credit card debt.

* Financial planning is also needed for families, including children. For example, children’s education savings.

* Setting up the pension fund becomes an important requirement. Approximately 24 percent of Indonesia has yet to start retirement plans (research Citi Indonesia). The good news, 38 percent have started saving, but do not know the needs of pension funds, and 26 percent have had good planning for retirement funds. You belonged to which?

* If a healthy financial condition, you can bequeath assets you have with the right to survival of the next generation. You certainly want your children to live in peace right? Even the science of managing legacy fund can you learn.

An understanding of financial planning will not produce results if not implemented with a strong commitment. Self-discipline is the key to your success to get a more healthy financial condition.

If you and your husband is currently thought to plan for the child’s education funds or retirement funds, how what you choose? Saving or investing?
For example, college tuition plans one child in a period of 18 years. Because college costs are always rising due to inflation, you need to set aside Rp 3.5 to Rp 6 million per month in savings. This fee shall be excluded from your income and the husband, outside of other routine expenditures. Try calculations, if you and your husband have this capability?

Saving money will not be enough because of inflation. The solution is an investment with long-term risk, over 10 years. Saving can be done for short-term needs, four years. For example the preparation of kindergarten schools. But when it comes to higher education, it takes a bigger budget, taking into account the inflation rate every year.

Cost inflation rate of kindergarten education could reach 20 percent per year. Inflation rate colleges rose an average of 15 percent per year. Although there are schools that low inflation rates, but remained high entrance fee.

Inflation became the main consideration why investment makes out a financial solution. This also applies to the preparation of the pension fund. Because if you rely on savings for retirement 25-35 years, it is necessary to USD 75 million – USD 135 million per month. This amount is too large for savings, right? It was no ordinary employee salary was sufficient.

If aged 25 years, by investing USD 587 000 per month you prepare for retirement easier. For the age of 35 years, you can invest USD 2 million per month. Both have the same target investment return of 25 percent per year.
Investing is risky, but risk can not invest more than the investment itself. Risk can not be 100 percent avoided but can be arranged. Investment is to be measured, from its purpose, risks, and investment results. Therefore the purpose you want to invest becomes important. Set a goal now, make financial planning, and select the right investment, if you do not want your money worthless in the future.