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3 Financial Things Every Young Woman Should Do

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If you are a young woman professional, or you know one, these are the three financial actions that should be taken ASAP. http://scrpbx.in/3-thingswomen

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3 Financial Things Every Young Woman Should Do
1. Create The No Compromise Fund Save at least 20% of your take home pay. The No Compromise Fund that lets you live the way you want to. This fund should be enough to see you through 6 months of no income.
2. Create the Family Fund True financial independence is when your family can depend on you, to get through their financial troubles. What you can do: Save 10-15% of your salary towards a Family Fund. Move your savings to a debt mutual fund, for better returns as well as security.
3. Create a Dream Fund After taking care of your priorities, save for your dreams! What you can do: Save at least 5% of your salary. You could also allocate your annual bonus or any other windfall of money towards this dream fund. Choose equity funds or debt funds to turn your dreams into reality!

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3 Financial Things Every Young Woman Should Do

  • 2. 1. Create The No Compromise Fund Save at least 20% of your take home pay. The No Compromise Fund that lets you live the way you want to. This fund should be enough to see you through 6 months of no income.
  • 3. 2. Create the Family Fund True financial independence is when your family can depend on you, to get through their financial troubles. What you can do: Save 10-15% of your salary towards a Family Fund. Move your savings to a debt mutual fund, for better returns as well as security.
  • 4. 3. Create a Dream Fund After taking care of your priorities, save for your dreams! What you can do: Save at least 5% of your salary. You could also allocate your annual bonus or any other windfall of money towards this dream fund. Choose equity funds or debt funds to turn your dreams into reality!