Acceptable Money Secrets? | 8 Minute Money

Today is a little homage to Georgette Mosbacher's book, It Takes Money, Honey
Direct Quotes and 3 Hot tips Especially for Girls
"It's time for every woman to wake up: You Cannot Rely on Anyone to Take Care of You but You. No One."
1. Do not wait for a catastrophe to strike before taking an active role in understanding your financial affairs and managing your money.
2. The benefit of designing and keeping to a budget is not just financial. You'll experience a huge psychological boost from gaining control over your life and your finances....It's enormously freeing when you finally get your spending under control.
3. In addition to your family emergency fund, you must keep some money of your own tucked away in a safe place, private stash of cash that absolutely no one else knows about.
This channel is about building your confidence with money. And finding a balance with both our finances and our physical health--the two are intertwined.
Money success doesn't come overnight, and it's a journey that builds with consistent effort. I don't need you to focus on being a webinerinfluencer, in fact, if what you're starting with is a 9-5 and an employer sponsored retirement plan, we can work from there. If you're an entrepreneur, and you are responsible for your own saving and investing plan, we can work with that too.
The real secret is a huge slice of solid knowledge, topped with correct principles, and two huge sides of attention and intention.
#money #retirement #investing #saving #fear #worry #hope #daveramsey #daveramseybabysteps #grahamstephan #women #womenempowerment #personalfinance #personaldevelopment

[@trishmunroe]

Is there a situation where you could have benefitted from having a "secret stash"? Do you agree with this tip?