It pays to pay attention to personal finances, and to have a plan in place to help you live out your golden years in comfort. Save: it’s a good idea to allocate some money to a savings account monthly. Limit debt: keep track of debt you and your partner have accrued. Determine if you’d be held responsible for your spouse’s debt in the event of death or divorce. Plan for retirement: start contributing to a retirement plan as soon as you can, and evaluate increasing your contribution periodically. Plan for the unexpected: life and disability insurance are valuable because they provide income to your family in case of illness or death.
Read full article here: How Women Can Take Control of Their Financial Future