women http://www.wisebread.com/taxonomy/term/3040/all en-US 7 Money Lessons We Can Learn From Beyoncé http://www.wisebread.com/7-money-lessons-we-can-learn-from-beyonc <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-money-lessons-we-can-learn-from-beyonc" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/beyonce_knowles_000016852365.jpg" alt="Learning lessons about money from Beyonce " title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Beyoncé Knowles is a wealthy person. With a net worth of more than $250 million, she clearly knows a little something about generating and keeping money.</p> <p>Not all <a href="http://www.wisebread.com/the-5-most-money-savvy-rap-stars">celebrities have the financial wits</a> to keep an eye on their cash, but Beyoncé has not only built an empire, she has also protected it. And her lyrics offer great lessons for women looking to become financially independent.</p> <p>Here are seven ways that Beyoncé has offered some sound money lessons.</p> <h2>1. Men Don't Have to Be the Breadwinner</h2> <p>Beyoncé's husband, rapper Jay-Z, is very successful in his own right. But rest assured, she doesn't need his income to get by. And many of her songs convey the idea of women being responsible for their own finances. Consider the song &quot;Flawless:&quot; <em>You can have ambition, but not too much...You should aim to be successful, but not too successful...Otherwise, you will threaten the man...I took some time to live my life...But don't think I'm just his little wife.</em></p> <h2>2. Invest Wisely</h2> <p>Unlike some notoriously spendthrift celebrities, Beyoncé has taken time to think about the future, so she's set financially even if she decides to stop working. &quot;I have a lot of property. I've invested my money and I don't have to make any more, thank God, because I'm set,&quot; she told the UK Mirror in 2009. &quot;I'm now able really to be free and just do things that make me happy.&quot;</p> <h2>3. Beware of the Moocher</h2> <p>Back when she was a member of Destiny's Child, Beyoncé warned against the partner who casually borrows your money and things. Remember &quot;Bills, Bills, Bills?&quot; <em>And now you ask to use my car...Drive it all day and don't fill up the tank...And you have the audacity...To even come and step to me...Ask to hold some money from me...Until you get your check next week. </em></p> <h2>4. Know Your Worth</h2> <p>Beyoncé knows how popular she is. Her most high-profile shows have been at halftime of the Super Bowl, the most watched television event of the year. A few years ago, she dropped a new album on Apple's iTunes without warning and made it impossible to buy just a single song. (The album sold more than 828,000 copies in just three days, setting a record.) Now there's speculation that she will drop her next album exclusively on Tidal, a streaming music service that she partially owns.</p> <h2>5. Diversify Your Skill Set</h2> <p>Do you want to make yourself irreplaceable like Beyoncé? Learn more than one skill. Beyoncé is a great singer and songwriter, but she can also dance better than nearly anyone on the planet and has acted in movies and television shows. What's more, she has fashion lines for adults and kids, and makes millions off of endorsements. Her diversity can serve as a lesson to the rest of us, who might benefit from finding different ways to leverage our skills and talents to make money.</p> <h2>6. Financial Independence Is Satisfying</h2> <p>In her song, &quot;Independent Women, Part 1,&quot; Beyoncé touts the good feeling of building your own wealth. <em>If you're gonna brag make sure it's your money you flaunt</em>, she sings. <em>Depend on no one else to give you what you want.</em></p> <h2>7. Capitalize on Opportunities</h2> <p>Ms. Knowles recently released a sexually-charged song called &quot;Formation,&quot; in which she talks about taking a man to Red Lobster. Red Lobster then saw a 33% spike in revenue after Beyoncé performed it at the Super Bowl. And the uptick may have been even more had the restaurant not been a tad slow in mentioning the song on social media. You never know when an opportunity will present itself. When it does, be prepared to strike.</p> <p><em>Anything else we've learned from Beyonc</em>é<em>? Please share in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/tim-lemke">Tim Lemke</a> of <a href="http://www.wisebread.com/7-money-lessons-we-can-learn-from-beyonc">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/21-things-that-young-adults-absolutely-need-to-know-about-money">21 Things That Young Adults Absolutely Need to Know About Money</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-money-lessons-i-learned-selling-office-supplies">8 Money Lessons I Learned Selling Office Supplies</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-people-who-are-good-with-money-never-say">5 Things People Who Are Good With Money Never Say</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-personal-finance-tips-for-introverts">8 Personal Finance Tips for Introverts</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-celebrities-with-shockingly-low-net-worths">6 Celebrities With Shockingly Low Net Worths</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Life Hacks Entertainment Beyoncé Destiny's Child investing Jay-Z money lessons women Wed, 09 Mar 2016 11:00:06 +0000 Tim Lemke 1666847 at http://www.wisebread.com 4 Common Money Misconceptions About Women http://www.wisebread.com/4-common-money-misconceptions-about-women <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-common-money-misconceptions-about-women" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_cash_000082536961.jpg" alt="Learning common money misconceptions about women" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>In a decade-long Prudential survey that studied the financial experiences of women, research data showed that since the 2008 financial crisis, women have <a href="http://www.prudential.com/media/managed/Womens_Study_Final.pdf">made significant improvements</a> in their financial behavior. Still, many continue to admit a lack of knowledge and understanding of sophisticated financial products.</p> <p>That lack of knowledge causes more than 50% of women to rely on someone else to make financial decisions regarding their future. On the other hand, the study dispels several myths about female financial behavior, casting a more positive light on <a href="http://www.wisebread.com/5-reasons-women-might-retire-with-more-wealth">women's money habits</a>.</p> <p>Here are four common money misconceptions about women.</p> <h2>1. Women Are Impulse Shoppers</h2> <p>One of the most common misconceptions is that women are impulse shoppers. Data from the survey showed that often, the last-minute purchases referred to as impulse buys are made using funds already set aside within a budget. And the majority of respondents (70%) claimed to spend based on need, not wants.</p> <h2>2. Women Don't Know How to Manage Money</h2> <p>Most people don't fully understand money management &mdash; but that's a problem for both sexes, and not unique to women. However, a majority of women distrust the process of turning planning over to a financial professional &mdash; six in 10 prefer the help of family and friends. This differs from men, who often prefer outside sources of help.</p> <h2>3. Women Don't Understand Retirement Planning</h2> <p>Women's understanding of workplace retirement plans and IRAs showed considerable improvement since the 2008 crisis, up from 47% to 72% of respondents. While many women have more to learn about other retirement products such as annuities, a majority of female respondents have seen progress in their understanding of retirement planning.</p> <p>As women increasingly become primary earners or amass significant net worth of their own, their financial behaviors and understanding of money management will undoubtedly continue evolving.</p> <h2>4. Women Don't Make Financial Decisions in Their Households</h2> <p>The belief that women don't make household financial decisions is an entirely outdated and erroneous one, according to the data. The survey showed that 95% of women consider themselves financial decision makers, and 85% of married women say they manage the household's financial decisions themselves, or jointly with their spouse. That means today's women are developing (or in many cases already have) a much more thorough understanding of personal finances and investing than earlier generations.</p> <p><em>Do you cling to any of these money myths about women?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/qiana-chavaia">Qiana Chavaia</a> of <a href="http://www.wisebread.com/4-common-money-misconceptions-about-women">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/does-your-money-management-reflect-who-truly-you-are">Does Your Money Management Reflect Who You Truly Are?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-online-tools-to-manage-your-money-in-under-10-minutes-a-week">5 Online Tools to Manage Your Money in Under 10 Minutes a Week</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-lot-of-people-dont-understand-what-money-really-is-do-you">A Lot of People Don&#039;t Understand What Money Really Is — Do You?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ow-do-you-deal-with-family-members-who-are-bad-at-managing-money">How Do You Deal With Family Members Who Are Bad At Managing Money?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/afraid-of-spending-money-here-are-5-perks-of-your-phobia">Afraid of Spending Money? Here Are 5 Perks of Your Phobia</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance financial decisions impulse shopping misconceptions money management women Mon, 29 Feb 2016 10:30:28 +0000 Qiana Chavaia 1661858 at http://www.wisebread.com 5 Reasons Women Might Retire With More Wealth http://www.wisebread.com/5-reasons-women-might-retire-with-more-wealth <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-reasons-women-might-retire-with-more-wealth" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_money_pink_000007951788.jpg" alt="Learning reasons why women might retire with more wealth" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>We hear a lot about how women might be shortchanged in terms of earnings, but there are also plenty of ways women can excel financially. From potentially stronger savings and investment habits, to longer lifespans, women enjoy some serious wealth-building advantages, as well. Here are five reasons women might retire with more wealth.</p> <h2>1. More Women Are Gaining Higher Education</h2> <p>In fact, women are handily defeating men in the college game. Because women are more likely to <a href="https://www.washingtonpost.com/news/storyline/wp/2014/12/11/women-are-dominating-men-at-college-blame-sexism/">graduate from college</a> than their male counterparts, they enter the workforce in better shape. Sure, women are more likely to enter lower-paid areas of the education and health sectors, but they are also breaking into business and <a href="https://www.washingtonpost.com/news/morning-mix/wp/2015/04/14/study-finds-surprisingly-that-women-are-favored-for-jobs-in-stem/">STEM programs</a> at an increasing rate.</p> <p>While college loan debt can slow down your plans to save, the correlation between college and increased earnings is still present. The trick is to start investing as soon as you begin to see your margin of expendable income widen, ideally before age 30.</p> <h2>2. Women Are Living and Working Longer</h2> <p>That's right: Women typically live longer, and thus have more healthful years during which they may work. That means continuing to work in later years &mdash; when earnings may be higher, and more returns from compound interest on savings enjoyed. It also means a postponed retirement, which allows your investments to grow for longer.</p> <p>Check out this handy guide to <a href="http://www.wisebread.com/how-much-should-you-have-saved-for-retirement-by-30-40-50">reaching your investing goals</a>.</p> <h2>3. Women Are Better Savers at all Income Levels</h2> <p>The road is full of unexpected hurdles to saving, and expensive emergencies are all but inevitable. The good news for female workers is that women are <a href="https://institutional.vanguard.com/iam/pdf/GENDRESP.pdf?cbdForceDomain=true">better at saving</a> than men in general. If that weren't enough, the same study showed that women are also better at managing their 401K accounts than men.</p> <p>It still takes discipline, however, to work this psychology to your advantage. Make specific goals and stick to them.</p> <h2>4. Forgoing Children Could Mean More Savings</h2> <p>On the fence about starting a family? According to the 2014 census, 48% of women between the ages of 18 and 44 <a href="http://www.huffingtonpost.com/2015/04/09/childless-more-women-are-not-having-kids-says-census_n_7032258.html">do not have children</a>. Clearly, women are increasingly waiting to have kids, or deferring the option altogether.</p> <p>Consider that this may mean more money for those women down the line. Delaying kids can mean more time to solidify your career and earnings, amass savings, and reduce debt before the financial pressures of kids arrive. If you are a 20- or 30-something still weighing the options, avoiding the fate of the <a href="http://www.pewsocialtrends.org/2013/01/30/the-sandwich-generation/">sandwich generation</a> might be a deciding factor in postponing or entirely forgoing children.</p> <h2>5. Women Are Less Likely to Make Risky Trades</h2> <p>In addition to being better savers, more educated, and having more working years in which to save, women are also less likely to gamble their savings in poor investments. Women are generally <a href="http://www.nextavenue.org/do-women-and-men-differ-retirement-savers/">more risk averse</a> than men.</p> <p>That said, there is no reason not to learn how to pick more varied investments and take a slightly higher risk (hopefully for greater rewards) every now and then. Try listening to these <a href="http://www.wisebread.com/the-5-best-money-podcasts">great money podcasts</a> to pick up tips and stay up to date with the market.</p> <p>Women enjoy a variety of natural advantages when it comes to earning and managing money. The key is making full use of them to strengthen your financial roadmap.</p> <p><em>Are you taking steps to secure your retirement?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amanda-meadows">Amanda Meadows</a> of <a href="http://www.wisebread.com/5-reasons-women-might-retire-with-more-wealth">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-signs-you-arent-saving-enough-for-retirement">10 Signs You Aren&#039;t Saving Enough for Retirement</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-reasons-why-a-roth-ira-may-be-better-than-your-401k">4 Reasons Why a Roth IRA May be Better Than Your 401(k)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/401k-or-ira-you-need-both">401K or IRA? You Need Both</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-penalty-free-ways-to-withdraw-money-from-your-retirement-account">7 Penalty-Free Ways to Withdraw Money From Your Retirement Account</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-surprising-things-women-should-know-about-retirement-planning">12 Surprising Things Women Should Know About Retirement Planning</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Retirement education gender IRA savings 401k women Thu, 31 Dec 2015 14:00:03 +0000 Amanda Meadows 1629244 at http://www.wisebread.com Best Money Tips: Smart Retirement Strategies for Women http://www.wisebread.com/best-money-tips-smart-retirement-strategies-for-women <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-smart-retirement-strategies-for-women" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/smart_woman_thinking_000080192057.jpg" alt="Woman using smart retirement strategies for women" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found smart retirement strategies for women, DIY cleaning products that you can make for pennies, and lessons we can learn from Jedi Master Yoda.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.kiplinger.com/slideshow/retirement/T037-S001-smart-retirement-strategies-for-women/index.html">9 Smart Retirement Strategies for Women</a> &mdash; If you're a stay-at-home parent with no outside income, you can still open a spousal IRA or Roth IRA as long as your spouse has a paying job. [Kiplinger]</p> <p><a href="http://www.popsugar.com/smart-living/DIY-Cleaning-Products-28901279">Make These 69 DIY Cleaning Products For Pennies</a> &mdash; Stop wasting your dollars on store-bought dish soap! Make your own at home and personalize the scents with essential oils. [PopSugar Smart Living]</p> <p><a href="http://www.dumblittleman.com/2015/12/15-lessons-can-learn-jedi-master-yoda.html">15 Lessons You Can Learn From Jedi Master Yoda</a> &mdash; Yoda teaches that to grow, you need to unlearn what you have learned. Your attitude and perspective need to change if you want to make progress. [Dumb Little Man]</p> <p><a href="http://www.lifehack.org/350330/50-small-things-that-make-up-a-perfect-day">50 Small Things That Make Up A Perfect Day</a> &mdash; When you're having a bad day, doing one of these small things can make it better. [Lifehack]</p> <p><a href="http://www.experian.com/blogs/news/about/achieve-financial-goals/">Creating Financial Goals You&rsquo;ll Actually Achieve</a> &mdash; Join Experian's #CreditChat tomorrow at 3 p.m. EST for a discussion on creating smart financial goals. [Experian]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.csmonitor.com/Business/Saving-Money/2015/1226/After-Christmas-sales-What-to-expect-this-year">After Christmas sales: What to expect this year</a> &mdash; If you hurry, you may still be able to snag great deals on electronics like cameras and audio equipment! [The Monitor]</p> <p><a href="http://adebtfreestressfreelife.com/housekeeping-tips-for-the-domestically-challenged/">Housekeeping Tips for The Domestically Challenged</a> &mdash; Don't compare the state of your home to someone else's. Be kind to yourself and just do the best you can. [A Debt Free Stress Free Life]</p> <p><a href="http://timemanagementninja.com/2015/12/10-things-to-get-done-when-no-one-is-in-the-office/">10 Things to Get Done When No One is in the Office</a> &mdash; Take advantage of a quiet workplace to tackle admin tasks that usually don&rsquo;t get done due to interruptions and higher priorities. [Time Management Ninja]</p> <p><a href="http://productivitytheory.com/how-to-recognize-when-a-coworker-needs-help/">How to Recognize When a Coworker Needs Help</a> &mdash; Don't ignore odd behaviors. Your co-worker may be struggling but not sure how to ask for help. Make it clear you're concerned and want to give support if you can. [Productivity Theory]</p> <p><a href="http://parentingsquad.com/5-ways-to-start-the-new-year-off-right-as-a-family">5 Ways to Start the New Year Off Right as a Family</a> &mdash; Plan fun adventures as a family! They don't have to be expensive trips; try monthly outings to local events, morning hikes, scavenger hunts, or evening plays. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amy-lu">Amy Lu</a> of <a href="http://www.wisebread.com/best-money-tips-smart-retirement-strategies-for-women">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-reasons-women-might-retire-with-more-wealth">5 Reasons Women Might Retire With More Wealth</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-surprising-things-women-should-know-about-retirement-planning">12 Surprising Things Women Should Know About Retirement Planning</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-steps-for-a-womans-financial-self-defense">6 Steps for a Woman&#039;s Financial Self-Defense</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-signs-your-retirement-is-on-track">8 Signs Your Retirement Is on Track</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/retire-for-half-the-cost-in-these-5-countries">Retire for Half the Cost in These 5 Countries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Retirement best money tips retirement strategies women Tue, 29 Dec 2015 20:00:04 +0000 Amy Lu 1629155 at http://www.wisebread.com The 6 Best Makeup Kits You Can DIY for $50 or Less http://www.wisebread.com/the-6-best-makeup-kits-you-can-diy-for-50-or-less <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-6-best-makeup-kits-you-can-diy-for-50-or-less" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_makeup_000072708587.jpg" alt="Woman creating DIY makeup kits for less than $50" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Your skin is not the same today as it was when you were a teenager. Your makeup style and skin care needs will also change at different phases of your life. That means your makeup should change as well.</p> <p>We've created several makeup kits that total $50 or less to help you put your best face forward, at every stage of your life. We've included products that have been selected based on makeup artist recommendations, online reviews, editors' picks, and beauty award recipients. Keep in mind that every person is different and these suggestions are just meant to get you started on the path to finding the perfect makeup kit. (See also: <a href="http://www.wisebread.com/9-keys-to-creating-an-affordable-makeup-kit-youll-love?ref=seealso">9 Keys to Creating an Affordable Makeup Kit You'll Love</a>)</p> <h2>1. Teens and 20s</h2> <p>Now is the time in your life when it's encouraged to go bold. Vibrant eyeshadows, eye-catching lip colors, and big lashes are perfect for your youthful look.</p> <p>At this stage in your life, powder, blush, bronzer, eye shadow, eyeliner, mascara, brow gel or pencil, and lip gloss are all appropriate. You may also want to take advantage of items like acne-fighting concealer, which can cover up acne while preventing future breakouts.</p> <h3>Kit #1 &ndash; Total $47.56</h3> <ul> <li><a href="http://www.amazon.com/gp/product/B002SPWMGU/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002SPWMGU&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=3652TS4GELOM3Z2V" target="_blank">Clinique Acne Solutions Clearing Concealer</a> &ndash; $18.00</li> </ul> <p>Women's Health recommends this to clear and perfect the skin.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00FNGS9RM/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00FNGS9RM&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=M5UE64S4SJOY2LRB" target="_blank">E.L.F. Beauty Book Eye Makeup Palette</a> &ndash; $7.00</li> </ul> <p>Teen Vogue recommends the <a href="http://www.amazon.com/gp/product/B018E7V76Q/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B018E7V76Q&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=FQQSEC6YQBXRHBEL">E.L.F. Little Black Book</a>, but this more affordable palette will do the trick.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B0149AC6V2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B0149AC6V2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=WUESCPQYGDT4SVVX" target="_blank">Almay Amazing Lasting 16 Hour Eye Pencil and One Coat Mascara</a> &ndash; $11.44</li> </ul> <p>Teen Vogue recommends this eye pencil because it's easy to use for beginners and comes with a conditioning mascara.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B002S8Z660/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002S8Z660&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=74V3RCP2T34VEAMR" target="_blank">NYX Auto Eyebrow Pencil</a> &ndash; $4.27</li> </ul> <p>Teen Vogue loves this product because it comes with a self-sharpening eyebrow pencil on one end, and a built-in brush on the other side.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00BKH9HRE/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00BKH9HRE&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=K2CVXQTXI4MHF4KE" target="_blank">NYX Cosmetics Butter Lip Gloss</a> &ndash; $6.85</li> </ul> <p>This is frequently recommended for beginners because it is easy to apply and can produce dramatic results.</p> <h3>Kit #2 &ndash; Total $44.21</h3> <ul> <li><a href="http://www.amazon.com/gp/product/B0017SUE96/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B0017SUE96&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=YFI32BKTN7WQS4W5" target="_blank">Murad Acne Treatment Concealer</a> &ndash; $14.53</li> </ul> <p>Dermatologists frequently recommend this to clear and perfect the skin.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00WACVALE/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00WACVALE&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=LCA2OD7LX2VTSQZI" target="_blank">Milani Baked Powder Blush</a> &ndash; $7.57</li> </ul> <p>Teen Vogue recommends this because it offers great color payoff with each swipe.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00YJJWLVO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00YJJWLVO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=RRTHWXP6ARKJAEJ5" target="_blank">Maybelline New York Eyestudio Lasting Drama Waterproof Gel Eye Pencil</a> &ndash; $5.99</li> </ul> <p>This brings the drama and is frequently recommended for women in their 20s.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B0094GHINS/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B0094GHINS&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=VXJHHW5NYSMXCHXW" target="_blank">Covergirl Clump Crusher Mascara By Lashblast</a> &ndash; $6.65</li> </ul> <p>Teen Vogue recommends this for dramatic results.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B001KYU4Y2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B001KYU4Y2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=J4QRJIRVKYAK6ARC" target="_blank">Maybelline New York Define-A-Brow Eyebrow Pencil</a> &ndash; $5.41</li> </ul> <p>This is frequently raved about online because it's perfect for beginners.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B001Q4ZJVO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B001Q4ZJVO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=P5A7CMTVLFYSCIGS" target="_blank">CoverGirl Outlast Lipstain</a> &ndash; $4.06</li> </ul> <p>Teen Vogue recommends this for women in their teens and 20s.</p> <h2>2. 30s and 40s</h2> <p>At this phase of your life, it's time to trade in the lip gloss, shimmer powder, and dramatic eyeliner for something a little more mature, such as a lip stain, foundation, and smudgeable kohl eyeliner. Find makeup that improves the condition of your skin while helping to perfect it.</p> <p>You also want to continue protecting your skin from the sun's harmful rays with things like BB creams and tinted sunscreens. BB cream will offer a number of benefits, and can serve as your sunscreen, primer, foundation, and concealer in one. The Today Show found that a good eye cream, wrinkle treatment, and tinted moisturizer are also must-haves at this stage of your life.</p> <h3>Kit #1 &ndash; Total $43.77</h3> <ul> <li><a href="http://www.amazon.com/gp/product/B00D6EDGZI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00D6EDGZI&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=PIXHPFNBUS7RXJQA" target="_blank">Pond's Luminous Finish BB Plus Cream with SPF 15</a> &ndash; $8.15</li> </ul> <p>Teen Vogue recommends this for women who want to protect, preserve, and improve the condition of their skin.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B006UETAO2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B006UETAO2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=6VTJELEN5MQTGTNU" target="_blank">Maybelline New York Dream Lumi Touch Highlighting Concealer</a> &ndash; $6.12</li> </ul> <p>Teen Vogue claims noticeable results and simple application.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00L0R5494/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00L0R5494&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=EXJ36SE4QRTCTXO7" target="_blank">Maybelline New York The Nudes Eyeshadow Palette</a> &ndash; $9.49</li> </ul> <p>The Urban Decay Naked palettes are frequently recommended for women of all ages (particularly at this phase of your life); instead of spending your whole budget on one palette, consider this famous dupe.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B004HYRH06/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B004HYRH06&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=PIG6USEIIKTY6PR4" target="_blank">Physicians Formula Eye Booster 2-in-1 Lash Boosting Eyeliner + Serum</a> &ndash; $7.66</li> </ul> <p>This will enhance your lashes and eyes in one.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00EMAM9BC/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00EMAM9BC&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=45Q2UFPPD4AYK22A" target="_blank">CoverGirl Lashblast Mascara</a> &ndash; $6.94</li> </ul> <p>This is frequently recommended because it enhances the volume and fullness of dull or flat lashes.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B008HP2VRU/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B008HP2VRU&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=VUR7XYNKVDL4BKVJ" target="_blank">Revlon ColorBurst Balm Stain</a> &ndash; $5.41</li> </ul> <p>PopSugar and Teen Vogue like this for the right amount of drama, and a number of the Victoria's Secret Angels also swear by them.</p> <h3>Kit #2 &ndash; Total $48.09</h3> <ul> <li><a href="http://www.amazon.com/gp/product/B001MS7HIW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B001MS7HIW&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=OIELI4Z5YFQPKFPB" target="_blank">Neutrogena Cosmetics Healthy Skin Liquid Makeup, SPF 20</a> &ndash; $11.99</li> </ul> <p>Teen Vogue loves this because the blend of antioxidants will help maintain your skin's youthful look, while SPF 20 will protect it from the sun's harmful rays.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B002S8VFHE/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002S8VFHE&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=OBVP2WGBGW2FF3PS" target="_blank">NYX Cosmetics Concealer</a> &ndash; $4.75</li> </ul> <p>This is frequently recommended because it can hydrate dry, aging skin while providing medium coverage.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B007NNTAXK/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B007NNTAXK&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=XZCLOTOCJXA7VIZT" target="_blank">NYX Matte Bronzer</a> &ndash; $9.66</li> </ul> <p>Bronzer will help sculpt and define the face at any age. This one is frequently recommended because it is completely matte and offers no shimmer or shine.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B006UET6YG/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B006UET6YG&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=QLYHPNWEAHFCM6SN" target="_blank">Maybelline 24 Hour Eyeshadow</a> &ndash; $5.64</li> </ul> <p>Allure recommends this for just the right amount of shimmer at any age.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00K8I4320/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00K8I4320&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=47KT5U6Q7WCH7Z7E" target="_blank">Revlon Bold Lacquer Grow Luscious Length+Volume Mascara</a> &ndash; $4.32</li> </ul> <p>Allure recommends this for lashes that are beginning to lose their volume.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00YJJWRKO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00YJJWRKO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=TKBKR73E7AQ6JQ2B" target="_blank">Maybelline New York Eyestudio Brow Define and Fill Duo</a> &ndash; $6.99</li> </ul> <p>This duo is frequently recommended because it offers a wax pencil and filling powder in one.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00B0GOSNI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00B0GOSNI&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=IAEAUMTOFMKDPED3" target="_blank">Maybelline New York Color Sensational Vivids Lipcolor</a> &ndash; $4.74</li> </ul> <p>The Today Show recommends this because it offers the right amount of drama for all ages.</p> <h2>3. 50s+</h2> <p>You may need a bit more coverage for issues like sun damage and signs of aging. Look for moisturizing items that contain SPF and/or antioxidants to protect your skin. Go light on powders or anything that can settle into fine lines. You should also stay away from matte or shimmery eye shadows because they can make skin appear aged and dry. Try dark brown eyeliner over black for a more sophisticated, sultry look. It's also time to trade in any glossy lipsticks for matte. Eyelashes flatten as you age, so you'll also want to invest in a good eyelash curler and lengthening or curling mascara.</p> <p>For the most youthful, flawless looking skin, you'll want to use foundation, concealer, blush, and highlighters. In fact, celebrity makeup artist, Joanna Schlip, said that highlighters are the secret weapon for women ages 40 and over because they can provide dramatic effects that mimic a facelift. The Today Show also recommends a good CC cream and wrinkle treatment at this stage of your life.</p> <h3>Kit #1 &ndash; Total $48.12<strong> </strong></h3> <ul> <li><a href="http://www.amazon.com/gp/product/B00C67EGXM/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00C67EGXM&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=34ODMFRJFUZ5VT62" target="_blank">CoverGirl Plus Olay Eye Rehab Concealer</a> &ndash; $3.88</li> </ul> <p>Better Homes and Gardens recommends this for women over 50 because it covers dark circles without settling into fine lines.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00112AJV6/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00112AJV6&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=77AM4UKY6Y7FIZJX" target="_blank">L'Oreal Paris Visible Lift Line-Minimizing &amp; Tone-Enhancing Makeup</a> &ndash; $4.27</li> </ul> <p>This is frequently lauded because it covers imperfections, hydrates the skin, prevents sun damage, and fights the signs of aging.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00L2OZ9N6/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00L2OZ9N6&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=CLUUGS6N2XKUES47" target="_blank">L'Oreal Paris Visible Lift Blur Blush</a> &ndash; $11.39</li> </ul> <p>Better Homes and Gardens recommends this for women over 50 because it blurs dullness, delivers anti-aging benefits, and visibly lifts the skin.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B017GF5M0E/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B017GF5M0E&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=C7INSIJIVVN6N5MU" target="_blank">Clinique All About Shadow Quad</a> &ndash; $8.99</li> </ul> <p>This can define your eyes without being too matte or shimmery.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00DNK5UR2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00DNK5UR2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=JHEJXM6QOTTYUWYZ" target="_blank">Rimmel Scandaleyes Waterproof Kohl Kajal Liner</a> &ndash; $4.99</li> </ul> <p>This can be smudged for a more subtle look that instantly adds drama and smokiness to the eyes.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00H7ZGGGI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00H7ZGGGI&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=3DQHVFYBKXX7F4FV" target="_blank">Bare Minerals Eye Care Frame &amp; Define Brow Styler</a> &ndash; $9.41</li> </ul> <p>Better Homes and Gardens recommends this for women over 50 because it can help to instantly shape and frame the face and is subtle enough even for sparse brows.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B002LFNOM8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002LFNOM8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=MUAIIVWV6J4ANJQK" target="_blank">Maybelline New York ColorSensational Lipcolor</a> &ndash; $5.19</li> </ul> <p>Better Homes and Gardens suggests this for women over 50 because it is creamy, nourishing, and adds just enough drama.</p> <h3>Kit #2 &ndash; Total $45.90</h3> <ul> <li><a href="http://www.amazon.com/gp/product/B003O7IBUW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B003O7IBUW&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=GETR4YZP6HFK3MVD" target="_blank">Aveeno Positively Radiant CC Cream SPF 30, Medium Tinted Moisturizer</a> &ndash; $13.03</li> </ul> <p>The Today Show recommends this because it will cover up signs of aging while protecting your skin from further sun damage.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B004Y9GY44/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B004Y9GY44&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=AZCEXW55YDJUSRYV" target="_blank">Maybelline New York Instant Age Rewind Eraser Dark Circles Treatment Concealer</a> &ndash; $6.64</li> </ul> <p>This cult classic will fight the signs of aging, erase the appearance of dark circles, puffiness, and fine lines, and conceal blemishes in one step.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B006UETDGC/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B006UETDGC&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=5BBDKDO45ZNABYRW" target="_blank">Maybelline New York Dream Bouncy Blush</a> &ndash; $6.12</li> </ul> <p>This is frequently recommended because the creamy formula is ideal for dry or aging skin.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00112AJ5C/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00112AJ5C&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=OEDYJYWRD7Y4UU5O" target="_blank">CoverGirl Eye Enhancers 1 Kit Shadow</a> &ndash; $5.90</li> </ul> <p>This can enhance the eyes, making them appear more sultry, without adding too much shimmer to your look.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B001Q8BRE8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B001Q8BRE8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=KEWCYI2M3A2CYMLN" target="_blank">Maybelline New York Express Eyeliner</a> &ndash; $4.72</li> </ul> <p>Harper's Bazaar recommends this for women over 50 because it is creamy and can provide the right amount of intensity.</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00IOV9JGS/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00IOV9JGS&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=NNMQJ4JP4RUCIJPG" target="_blank">L'Oreal Paris Colour Riche Extraordinaire Lip Color</a> &ndash; $9.49</li> </ul> <p>Harper's Bazaar suggests this for women over 50 because it will smooth out fine lines on the lips.</p> <h2>4. The Best Products in Each Category</h2> <p>For more affordable, award-winning cosmetics, read our top picks for the following types of makeup and skin care products:</p> <ul> <li><a href="http://www.wisebread.com/the-5-best-concealers">Concealers</a></li> <li><a href="http://www.wisebread.com/the-5-best-foundations">Foundations</a></li> <li><a href="http://www.wisebread.com/the-5-best-contour-powders">Contour powders</a></li> <li><a href="http://www.wisebread.com/the-5-best-bb-creams">BB creams</a></li> <li><a href="http://www.wisebread.com/the-5-best-cc-creams">CC creams</a></li> <li><a href="http://www.wisebread.com/the-5-best-eyebrow-pencils">Eyebrow pencils</a></li> <li><a href="http://www.wisebread.com/the-5-best-mascaras">Mascaras</a></li> <li><a href="http://www.wisebread.com/the-5-best-false-eyelashes">False eyelashes</a></li> <li><a href="http://www.wisebread.com/the-5-best-lip-liners">Lip liners</a></li> <li><a href="http://www.wisebread.com/the-5-best-primers">Makeup primers</a></li> <li><a href="http://www.wisebread.com/the-5-best-eye-creams">Eye creams</a></li> <li><a href="http://www.wisebread.com/the-5-best-anti-aging-creams">Anti-aging creams</a></li> <li><a href="http://www.wisebread.com/the-5-best-facial-moisturizers">Facial moisturizers</a></li> <li><a href="http://www.wisebread.com/the-5-best-acne-treatments">Acne treatments</a></li> <li><a href="http://www.wisebread.com/the-5-best-face-washes">Face washes</a></li> <li><a href="http://www.wisebread.com/the-5-best-facial-toners">Facial toners</a></li> <li><a href="http://www.wisebread.com/the-5-best-serums">Serums</a></li> <li><a href="http://www.wisebread.com/the-5-best-sunscreens">Sunscreens</a></li> <li><a href="http://www.wisebread.com/the-5-best-self-tanners">Self-tanners</a></li> </ul> <p><em>What other items would you include in an age-appropriate makeup kit for under $50? Please share your thoughts in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-cannon">Andrea Cannon</a> of <a href="http://www.wisebread.com/the-6-best-makeup-kits-you-can-diy-for-50-or-less">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-beauty-tools-that-arent-worth-the-money">7 Beauty Tools That Aren&#039;t Worth the Money</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-great-brand-name-beauty-buys-under-20">10 Great Brand Name Beauty Buys Under $20</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-generic-beauty-buys-better-than-the-expensive-originals">7 Generic Beauty Buys Better Than the Expensive Originals</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-makeup-items-you-should-ditch-today">7 Makeup Items You Should Ditch Today</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-double-uses-for-things-in-your-makeup-drawer">7 Double Uses for Things in Your Makeup Drawer</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Health and Beauty affordable cosmetics kits makeup products women Tue, 29 Dec 2015 18:00:02 +0000 Andrea Cannon 1625939 at http://www.wisebread.com 47 Unique Gift Ideas for Women http://www.wisebread.com/47-unique-gift-ideas-for-women <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/47-unique-gift-ideas-for-women" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_holding_gift_000052221060.jpg" alt="Finding 47 unique gift ideas for women" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Choosing the perfect gift can be difficult, especially when you have someone on your list who &quot;already has everything.&quot; That's why we've found some of the best gift ideas for every woman in your life. (See also: <a href="http://www.wisebread.com/50-unique-gift-ideas-for-men?ref=seealso">50+ Unique Gift Ideas for Men</a>)</p> <h2>1. How to Find Ideas</h2> <p>If she can't think of any gift ideas, or you don't want to ask, then consider the following sneaky ways to figure out what she has her eye on.</p> <h3>Check Her Pinterest Boards</h3> <p>Pinterest comes standard with boards like &quot;Products I Love&quot; and &quot;My Style,&quot; which may contain some gift ideas. However, most women have more than just the standard Pinterest boards, so keep an eye peeled!</p> <h3>Check Her Amazon Wishlist</h3> <p>Amazon wishlists work like gift registries. You can find all of the things she wants in one place and buy them on the spot. If she does not have an Amazon wishlist, ask her to make one. Then, she's guaranteed to get exactly what she wants.</p> <h3>Go Window Shopping</h3> <p>Go shopping together and pay extra attention to what she shows interest in. You may get exact gift ideas, or at least some new general thoughts on what she likes.</p> <h3>Ask Her Friends and Family</h3> <p>When you're stumped for ideas, her friends and family can help. You will also score brownie points for the sentiment.</p> <h2>2. Find Something Meaningful</h2> <p>You don't need to spend a lot of money to give her something meaningful. Some of the best sentimental gift ideas include:</p> <ul> <li>A <a href="http://www.amazon.com/gp/product/1601065477/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=1601065477&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=2U4KPZCEX35P36D7">fill-in-the-blank journal</a>, which is both affordable and a sweet gesture.<br /> &nbsp;</li> <li>Choose a gift that acknowledges a special date, like a <a href="http://www.amazon.com/gp/product/B004S0ETHI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B004S0ETHI&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=6SBDQTH4RQ4FXXHU">birthday girl bathroom set</a>.<br /> &nbsp;</li> <li>Is she a lefty? Give her something to help with everyday tasks, like a simple <a href="http://www.amazon.com/gp/product/B00JVEL1VS/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00JVEL1VS&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=6QGIQANRQY4MH57B">utensil set</a>.<br /> &nbsp;</li> <li><a href="http://www.amazon.com/gp/product/B00ZH418GO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00ZH418GO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=MUP7OBT5WYXC4Q6T">Custom signs</a> and <a href="http://www.familymatrix.com/products.html">family matrix clothing</a> are unique, personalized, and affordable.<br /> &nbsp;</li> <li>Choose a <a href="http://www.amazon.com/gp/product/B00380TQ54/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00380TQ54&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=KNUMM3DFFZTUGGL7">personalized tote</a>, <a href="http://www.amazon.com/gp/product/B001DHJJTM/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001DHJJTM&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=LB5AZZ4XZUKUVIR4">monogrammed mug</a>, or notebook with her initial.<br /> &nbsp;</li> <li><a href="http://www.amazon.com/gp/product/B006Y4MNCO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B006Y4MNCO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=6QU7SN4RS4WWJQPQ">&quot;I love you&quot; bean plant</a>. She'll be reminded of how much you love her as the plant grows.<br /> &nbsp;</li> <li>Baking mixes in a jar are a quick, affordable DIY gift that she can enjoy on a busy night. If you include the recipe, it will be the gift that keeps on giving.</li> </ul> <h2>3. Unique Kitchen Supplies</h2> <p>Regardless of whether she has a nicely-stocked kitchen or is just starting out, the following items are something almost anyone can use (or replace their current one with):</p> <ul> <li><a href="http://www.amazon.com/gp/product/B000KO4EV2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000KO4EV2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=XGCGUJZIEO4NSLMQ">Spice rack</a></li> <li><a href="http://www.amazon.com/gp/product/B00RPVG6NW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00RPVG6NW&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=NWO4V7JT2KT7RY3X">Funny wine glasses</a></li> <li><a href="http://www.amazon.com/gp/product/B00C28P396/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00C28P396&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=YSEZZLOPSRLVMTH4">Apron</a></li> <li><a href="http://www.amazon.com/gp/product/B00NQBUF2S/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NQBUF2S&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=5QPLXNTW665SOAKV">Wine bottle holder</a></li> <li><a href="http://www.amazon.com/gp/product/B001SALF7S/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001SALF7S&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=72KXAC4CK3ONJHIL">Wine purse</a></li> </ul> <h2>4. Coffee Essentials</h2> <p>There are a plethora of gifts to help coffee lovers get more from their daily cup of joe. Some of the best coffee-related gifts include:</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00FMJDJ5C/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00FMJDJ5C&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=ZMHORGMTOSSISIGR">French press</a></li> <li><a href="http://www.amazon.com/gp/product/B005BR7JJM/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B005BR7JJM&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=QXWXDXGJZ35BSO3X">Funny coffee mugs</a></li> <li><a href="http://www.amazon.com/gp/product/B000CO89T8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000CO89T8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=NVC2M67TM4CAY6DY">Mug warmer</a></li> <li><a href="http://www.amazon.com/gp/product/B00NX1O5JK/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NX1O5JK&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=BPVMWOXC7UYKBMVW">Self stirring mug</a></li> <li><a href="http://www.amazon.com/gp/product/B00OPA93P4/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00OPA93P4&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=2XEUAZ2T7K6WTDPX">Cold brew coffee maker</a></li> <li><a href="http://www.amazon.com/gp/product/B010BZXQ68/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B010BZXQ68&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=3AHT6BCFHTO7OGFE">Gourmet coffees</a> and <a href="http://www.amazon.com/gp/product/B003PFWNSE/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B003PFWNSE&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=GUJWHFZTG4BUC7H5">flavored syrups</a></li> </ul> <h2>5. Book Accessories</h2> <p>If she's an avid reader, there are tons of gift ideas you can take advantage of, without having to know her taste in books. Some of the best book-related gifts include:</p> <ul> <li>Gift card to her favorite bookstore</li> <li><a href="http://www.amazon.com/gp/product/B00MUAJRR0/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00MUAJRR0&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=3W4QP3C7XT4IXWUE">Unique bookmark</a></li> <li><a href="http://www.thinkgeek.com/product/1ff5/">Book messenger bag </a></li> <li><a href="http://www.thinkgeek.com/product/1545/">Book pillows</a></li> <li><a href="http://www.amazon.com/gp/product/0547884591/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0547884591&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=NILAJD3OCU4HQ7PR">Four-hour books</a></li> </ul> <h2>6. Appeal to Her Inner Child</h2> <p>To appeal to her free-spirited inner child, consider some of these fun gifts below:</p> <ul> <li><a href="http://www.amazon.com/gp/product/B00BKJ7HCY/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00BKJ7HCY&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=CIOQYO4LBMOWII53">Unicorn slippers</a></li> <li><a href="http://www.amazon.com/gp/product/B00PN22I6O/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00PN22I6O&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=WAHPL7ZSBUHXCYZB">Fun heated pillow warmer</a></li> <li><a href="http://www.amazon.com/gp/product/B00AC8UQVS/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AC8UQVS&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=CA7432AEXGHQFUAZ">Fun heated slippers</a></li> <li><a href="http://www.amazon.com/gp/product/B00CF3TL0A/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00CF3TL0A&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=U4VW4D2MUP6YABWL">Hello Kitty wearable blanket</a></li> <li><a href="http://www.amazon.com/gp/product/B00O71O8XS/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00O71O8XS&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=M3CCY6EM27BGMSZM">Temporary tattoos</a></li> <li><a href="http://www.amazon.com/gp/product/0811870197/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0811870197&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=S3CGM4TAJ35HAAPS">One Line a Day journal</a></li> </ul> <h2>7. Items to Be Careful About</h2> <p>Just as there are gifts that <em>will</em> work for most women, there are also gifts that<em> won't</em> work for most women. Before buying any of these items, make sure to take into account her personal style and taste.</p> <h3>Perfume</h3> <p>Most people are very particular about their perfume or cologne, so it isn't always a simple thing to buy. A <a href="http://www.amazon.com/gp/product/B00ZYR38P8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00ZYR38P8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=H4AORTEGAIVA25OA">perfume sample kit</a>, on the other hand, is a great way for her to find a new favorite scent.</p> <h3>Cosmetics</h3> <p>Unless you know her exact shade and favorite formulas, it's not usually a good idea to buy a woman makeup or skin care products she hasn't specifically asked for. Think about getting her a nice <a href="http://www.amazon.com/gp/product/B00DUJEWDE/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00DUJEWDE&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=5GQODZQUGCKY53V4">cosmetics storage display case</a> instead.</p> <h3>Jewelry</h3> <p>It can be difficult (and costly) to buy her jewelry. Instead, think about buying her a nice new <a href="http://www.amazon.com/gp/product/B00NJBMIZW/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NJBMIZW&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=VMOSE55N7RMP6OOT">jewelry box</a>, or maybe a <a href="http://www.amazon.com/gp/product/B00CHEYKCQ/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00CHEYKCQ&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=Q7QFTIU2TWT23TGK">decorative jewelry stand</a> or <a href="http://www.amazon.com/gp/product/B002CK4YP8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B002CK4YP8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=K76JL3VJJ6LZ426C">keepsake box</a>. If you still want to buy her jewelry of some sort, try something unique, like a <a href="http://www.amazon.com/gp/product/B00AKNK1VK/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00AKNK1VK&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=ODUDTRUWCOJ3ZVBT">pearl necklace</a> where she harvests the pearl, or a <a href="http://www.uncommongoods.com/product/birth-month-flower-necklace">birth month flower pendant</a>.</p> <h3>Clothing</h3> <p>Unless you know her size and personal style, it can be a risk to guess what clothing and accessories she might like. If you really want to buy her something to wear, consider a <a href="http://www.amazon.com/gp/product/B009K6Z0HI/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B009K6Z0HI&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=4ZJUIEXFF52YZX73">kimono robe</a> or some <a href="http://www.amazon.com/gp/product/B00NCATGB4/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00NCATGB4&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=ZCNEKE3J2UB2HOQG">comfy socks</a> she can cuddle up with.</p> <h2>5. When All Else Fails</h2> <p>Still stumped? When nothing seems like the right fit for her, there are some generic ideas that nearly anyone will love. You can still customize the gift and show her that you put plenty of thought into it.</p> <h3>Gift Cards</h3> <p>As long as you choose a gift card to one of her favorite stores and wrap it in a fun way, she'll be thrilled.</p> <h3>An Experience</h3> <p>Instead of giving a gift this year, think about giving her a tour, massage, spa service, cooking class, dance class, or art class. She'll be able to learn a new craft or hone her skills.</p> <h3>Bathroom Essentials</h3> <p>Choose a relaxing bathroom set, <a href="http://www.amazon.com/gp/product/B0089FIKC8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B0089FIKC8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=HDCBNWTPJGXK3G2P">manicure must-haves</a>, or an <a href="http://www.amazon.com/gp/product/B004EDWMBO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B004EDWMBO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=PKQLLOTS6O3VCDX2">essential beauty kit</a>.</p> <h3>Subscription Boxes</h3> <p>You can choose from food, beauty, and clothing subscriptions, among others. You can also choose from pre-made boxes, or surprise her with one customized to her preferences. You can send her one box or sign her up for ongoing subscriptions so she receives another the following month. (See also: <a href="http://www.wisebread.com/the-10-best-monthly-subscription-box-services?ref=seealso">The 10 Best Monthly Subscription Boxes</a>)</p> <p><em>Do you have other unique gift ideas for the woman who has everything? Please share your thoughts in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-cannon">Andrea Cannon</a> of <a href="http://www.wisebread.com/47-unique-gift-ideas-for-women">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-can-totally-regift-and-7-things-you-shouldnt">10 Things You Can Totally Regift — And 7 Things You Shouldn&#039;t</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-last-minute-gifts-for-book-lovers">11 Last Minute Gifts for Book Lovers</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-ways-to-get-the-most-out-of-gift-cards">4 Ways to Get the Most Out of Gift Cards</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-last-minute-gifts-that-keep-on-giving">25 Last Minute Gifts That Keep on Giving</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-gifts-everybody-gets-but-nobody-wants">10 Gifts Everybody Gets, But Nobody Wants</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping gift giving gift guides Holidays presents women Mon, 14 Dec 2015 10:01:02 +0000 Andrea Cannon 1619298 at http://www.wisebread.com 5 Times Trying to Negotiate Can Backfire http://www.wisebread.com/5-times-trying-to-negotiate-can-backfire <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-times-trying-to-negotiate-can-backfire" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/employee_meeting_work_000048989622.jpg" alt="Woman trying to negotiate and realizing it backfired" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>When it comes to negotiating, the worst that can happen is that they'll say no &mdash; right? Not necessarily. Read on for our roundup of instances when negotiating can actually backfire.</p> <h2>1. When Your Negotiation Lacks Specifics</h2> <p>Whatever you're negotiating &mdash; be it an upgrade on a vacation package, better working conditions, or a pay raise &mdash; be sure that your end goal isn't so abstract that it can't be measured. Say you're on the phone with customer service for a boutique hotel that double-booked the room you had been planning to stay in on an upcoming holiday. And there are no more left with the ocean view you had wanted. You've been wronged, however innocently, and now you've got leverage. But what do you hope to get out of it? You need to be able to clearly define your negotiation goals.</p> <p>Telling customer service that you expect to be compensated for the error lacks specifics. Compensation might mean that the downgraded room you end up with comes with a bottle of champagne and free room service. It might mean a welcome drink in the lobby. It could be an upgrade to the honeymoon suite. Or a night on the house. If you don't specify what fair compensation means to you, you risk being disappointed. When negotiating, your ask should always be clear and measurable.</p> <h2>2. When You Set the Bar Too Low</h2> <p>Fear of failure is one of humankind's biggest self-imposed roadblocks. Sometimes, it haunts our negotiations. If we ask for what we think we can get rather than what we really want, we risk settling for the easier, less controversial negotiation. Setting goals we're confident we can obtain can be helpful. You should never negotiate for something that's downright outlandish.</p> <p>But when we go in the other direction and set the bar too low, we don't give our dreams a fair shot. So don't make this rookie mistake. Instead, set goals that are slightly out of reach, but not so far out that you can't achieve them. This is good advice for life as well as negotiations.</p> <h2>3. When You're Smiling</h2> <p>A new study examines how the <a href="https://www.psychologicalscience.org/index.php/news/minds-business/an-ill-timed-smile-can-hurt-you-in-negotiations.html">interpretation of facial expressions</a> can impact the outcome of business negotiations. And it's nothing to smile at. &quot;If you come to an agreement in a negotiation and you are really happy, it may not be a good idea to show how happy you are because it might lead the other person to think that you did better than they did,&quot; said Peter Carnevale, professor of management and organization at the University of Southern California's Marshall School of Business. &quot;A smile at the wrong time can discourage cooperation.&quot;</p> <h2>4. When You're a Woman</h2> <p>Research shows that initiating negotiations when female can backfire. Sad, but true. A 2007 study found that employers are less likely to hire <a href="https://www.cfa.harvard.edu/cfawis/bowles.pdf">women who ask for raises</a>. Why? Because go-getting women, in some instances, are perceived as demanding and lacking in team spirit. Even when a woman is successful in negotiating a pay raise, it can have negative impacts for her <a href="http://www2.tku.edu.tw/~tfstnet/upload/file/2013020516594546966.pdf">long-term earnings</a>, namely due to the fact that some employers will begin to view her as aggressive, according to research published in 2011. But that doesn't mean women should be less keen on negotiating and demanding what they deserve. To the contrary, they should proactively seek the best terms possible.</p> <p>Here's feminist businesswoman Sheryl Sandberg's take: Gender biases are rampant in the workplace, but don't give in to them, even if that means you risk taking on negative consequences. &quot;Every woman I know, particularly the senior ones, has been <a href="http://www.theguardian.com/lifeandstyle/2014/apr/05/sheryl-sandberg-facebook-bossy-interview">called too aggressive</a> at work,&quot; Sandberg said. &quot;We know in gender blind studies that men are more aggressive in their offices than women. We know that. Yet we're busy telling all the women that they're too aggressive. That's the issue.&quot;</p> <h2>5. When You're Looking to Settle Your Credit Card Debt</h2> <p>Settling your credit card debt for less than what you owe is likely to <a href="http://www.kiplinger.com/article/credit/T017-C000-S002-if-i-negotiate-a-payoff-will-it-hurt-my-score.html">hurt your credit score</a> quite a bit. If your credit score is intact, you might want to think twice before opening up negotiations. If your credit card issuer agrees to close your account in exchange for a lump sum, your credit score wouldn't suffer. But that's not standard protocol. Common practice is for the issuer to report the number of days your account was delinquent as well as the fact that your debt was settled for less than the full amount.</p> <p><em>When has negotiating backfired for you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/5-times-trying-to-negotiate-can-backfire">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-retailers-where-you-can-negotiate-a-lower-price">11 Retailers Where You Can Negotiate a Lower Price</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-these-8-questions-to-get-a-better-price">Ask These 8 Questions to Get a Better Price</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-negotiating-skills-everyone-should-master">8 Negotiating Skills Everyone Should Master</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-money-lessons-we-can-learn-from-beyonc">7 Money Lessons We Can Learn From Beyoncé</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/fight-your-speeding-ticket-save-yourself-some-dough">Fight Your Speeding Ticket, Save Yourself Some Dough</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Life Hacks bargaining demands negotiating women Mon, 31 Aug 2015 09:00:34 +0000 Brittany Lyte 1541941 at http://www.wisebread.com 7 Careers That Pay Women More Than Men http://www.wisebread.com/7-careers-that-pay-women-more-than-men <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-careers-that-pay-women-more-than-men" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/chef_preparing_pastries_000020498947.jpg" alt="Female chef in career where she&#039;s earning just as much as men" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The good news is that as the <a href="http://www.bls.gov/spotlight/2011/women/pdf/women_bls_spotlight.pdf">gender pay gap</a> continues to narrow, women are out-earning men in new and surprising fields, helping reverse the stereotype of men as the breadwinners. Clearly, we've got a long way to go to achieve equality in the workplace. But we're making strides. Read on for our <a href="http://www.wisebread.com/10-high-paying-careers-with-low-educational-barriers">roundup of the careers</a> where women are bringing home the bacon. A few of them just might surprise you.</p> <h2>1. Construction Worker</h2> <p>Though they hold only about 3% of the jobs, female construction laborers, construction supervisors, and maintenance painters <a href="http://www.forbes.com/sites/jennagoudreau/2011/03/14/jobs-where-women-earn-more-than-men/">earn more money</a> than their male counterparts, according to a Forbes analysis of median weekly earnings for full-time workers.</p> <h2>2. Car and Airplane Mechanic</h2> <p>Forbes also found that female car and airplane mechanics earn slightly more than their male colleagues. Caren Goldberg, a management professor at American University, has an inkling as to why: &quot;Researchers have found that both sexes fare better when they are in the minority,&quot; she said. &quot;Women who choose male-dominated jobs are likely perceived as 'atypical' or less consistent with the stereotypes associated with women, which are also associated with lower-paying jobs.&quot;</p> <h2>3. Bartender Helper</h2> <p>There is perhaps no higher paid bartender than the attractive woman who treats her patrons like old friends. Female bartender helpers earn, on average, about $2,000 more per year than men who pour drinks and collect empty glasses. That works out to $40 a week in extra cash.</p> <h2>4. Teacher's Assistant</h2> <p>Women account for 92% of the nation's teacher assistants, earning a median salary of $474 a week, compared to men's $453. Teacher assistants work under a teacher's supervision to give students additional attention and instruction, a role that's projected to grow 9% &mdash; <a href="http://www.bls.gov/ooh/education-training-and-library/teacher-assistants.htm">100,000 more jobs</a> &mdash; by 2022. If you like to travel or want to be home to raise the kids, the job comes with perks: About 4 in 10 teacher assistants work part time and get summers off.</p> <h2>5. Nutritionist</h2> <p>Women also earn more than men in higher paying jobs like nutritionists, as well as fields in the life, physical, and social sciences. The median pay for nutritionists of both genders is $55,240 per year &mdash; with women earning slightly more than men. Nutritionist jobs are in demand, with a faster than average, <a href="http://www.bls.gov/ooh/healthcare/dietitians-and-nutritionists.htm">21% job growth rate</a> through 2022.</p> <h2>6. Baker</h2> <p>Baking also helps women bring home the bigger slice of bread. Female bakers earn 104% more than male bakers, taking home $18 more than men in median weekly earnings. Employment researcher Laurence Shatkin tells Forbes that baking is essentially a production job with odd hours, and women may have more flexibility to work higher-paying night or early-morning shifts.</p> <h2>7. Computer Programmer</h2> <p>Female computer programmers earn a median of $62,000 a year, and those in the top 10% of the field make a salary of $111,000. Other perks include standard 40-hour work weeks and often, the option of telecommuting. Another bonus: To start, computer programmers usually need <a href="http://www.bls.gov/ooh/computer-and-information-technology/computer-programmers.htm">no work experience</a> and no specialized certification beyond a bachelor's or associate's degree. That bodes well for women who want a well-paying career but don't want to shell out the money it takes to become a doctor or attorney.</p> <p><em>Do any of these careers interest you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/7-careers-that-pay-women-more-than-men">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-certifications-that-add-big-to-your-salary">7 Certifications That Add Big $$ to Your Salary</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/crime-scene-cleaner-and-4-other-trades-that-pay-surprisingly-well">Crime Scene Cleaner and 4 Other Trades That Pay Surprisingly Well</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/didnt-get-the-raise-ask-for-this-instead">Didn&#039;t Get the Raise? Ask for This, Instead</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/protect-future-earnings-by-negotiating-the-right-starting-salary">Protect Future Earnings by Negotiating the Right Starting Salary</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-essential-facts-women-should-know-before-asking-for-a-raise">5 Essential Facts Women Should Know Before Asking for a Raise</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building income jobs salary wage gap women workforce Wed, 01 Jul 2015 11:00:16 +0000 Brittany Lyte 1469519 at http://www.wisebread.com 5 Essential Facts Women Should Know Before Asking for a Raise http://www.wisebread.com/5-essential-facts-women-should-know-before-asking-for-a-raise <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-essential-facts-women-should-know-before-asking-for-a-raise" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/coworkers_shared_workspace_000064256655.jpg" alt="Woman learning what&#039;s needed before asking for a raise" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>American women earn 77 cents for every dollar earned by men. And one way to close that gender-gap is to ask.</p> <p>In more than a century since the Equal Pay Act of 1963 (when women earned 59 cents for every dollar earned by men), little progress has been made to enforce equal pay. Asking for timely pay raises is a step in the right direction. It's something women can do to spearhead change and eradicate income inequality.</p> <h2>1. Don't Wait for Annual Raises</h2> <p>Don't rely on an annual 5% to 10% pay raise. Annual pay raises are discretionary and may be based on your annual review, where HR evaluates your performance and contributions to the company. Depending on your company's review process, some of your achievements could get overlooked. Instead, go to your employer directly with a list of your accomplishments and ask for the salary you want.</p> <h2>2. Ask Because You Deserve it, Not Because You Need It</h2> <p>Understandably, there are times when we all need more money. But, what's going on in your personal life does not warrant asking for a pay increase. Only ask for raises based on value to the company, not personal need. This means that asking directly after you've made one or two significant contributions to the company is a good idea. Talk up your achievements and state your goals for the company in the future.</p> <h2>3. Know Your Worth</h2> <p>Take an assessment of your worth. Find out what others in your industry who have been on the job for as long as you have earn. Investigate some of their contributions. And what are some of the skill-sets they acquired along the way that your employer deems valuable? Do they go that extra step? If so, what are they doing?</p> <h2>4. Relax and Don't Become Emotional</h2> <p>Exude confidence. Go into the conversation with a clear and level head. Don't expect personal relationships to play a role in your employer's decision of whether you deserve a raise or not. It's strictly business and you should be too.</p> <h2>5. Be Prepared for &quot;No&quot;</h2> <p>Timing is a key consideration. If your company simply can't afford to boost your pay, you won't be getting a raise. Before you ask, be sure the company is reaching its performance goals (this information is often divulged during sales meetings or published as highlights in newsletters).</p> <p>If your proposed pay raise is still poorly received and you know you're worth it, be prepared to <a href="http://www.wisebread.com/great-ways-to-improve-your-resume-today">give your resume a facelift</a>. It might be possible for you to exceed your salary expectation. Often small companies and start-ups will pay more to acquire and retain talented highly qualified individuals, but may offer less job security. So, look on the bright side. You can <a href="http://www.wisebread.com/7-ways-to-actually-take-all-your-vacation-days-this-year">take your vacation days</a> and <a href="http://www.wisebread.com/7-job-search-stunts-to-get-you-noticed-by-employers">start your job search</a>.</p> <p><em>Have you asked for a raise? How'd it go?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/qiana-chavaia">Qiana Chavaia</a> of <a href="http://www.wisebread.com/5-essential-facts-women-should-know-before-asking-for-a-raise">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/crime-scene-cleaner-and-4-other-trades-that-pay-surprisingly-well">Crime Scene Cleaner and 4 Other Trades That Pay Surprisingly Well</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-good-reasons-to-become-a-contractor">8 Good Reasons to Become a Contractor</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-careers-that-pay-women-more-than-men">7 Careers That Pay Women More Than Men</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-unexpected-costs-of-a-higher-paying-job-offer">4 Unexpected Costs of a Higher-Paying Job Offer</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-important-signs-that-your-job-sucks">10 Important Signs That Your Job Sucks</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building employment raises salary women Fri, 29 May 2015 09:00:15 +0000 Qiana Chavaia 1433873 at http://www.wisebread.com 5 Essential Things Women Should Know About Investing http://www.wisebread.com/5-essential-things-women-should-know-about-investing <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-essential-things-women-should-know-about-investing" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/women_investors_000054398090.jpg" alt="Things women should know about investing" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>When it comes to investment decision-making, women wield greater economic power than ever before. They now comprise nearly half the workforce and half of all household breadwinners &mdash; but their financial literacy levels still trail. Here are five important ways women are still behind &mdash; and how to catch up.</p> <h2>1. Women Earn Less Than Men</h2> <p>A growing number of women are primary breadwinners, yet women earn just 77 cents for every dollar earned by their male colleagues working in the same positions, despite having equal qualifications. The &quot;gender-gap&quot; is even wider for African-Americans, who earn just 64 cents on the dollar, and Latino women earning 56 cents for every dollar earned by men.</p> <p>To tackle this pressing issue, in 2009 President Obama enacted the <a href="http://www.lillyledbetter.com/">Lilly Ledbetter Equal Pay Act</a>. Another initiative taken under the Obama Administration is the <a href="https://www.whitehouse.gov/sites/default/files/equalpay/equal_pay_task_force_progress_report_june_2013_new.pdf">Equal Pay Task Force</a>, which is comprised of several federal agencies, including the U.S. Equal Employment Opportunity Commission, the Department of Justice, the Department of Labor, and the Office of Personnel Management.</p> <h2>2. Women Live Longer and Save Less For Retirement Than Men</h2> <p>The average female life expectancy in the United States is age 81 &mdash; about four years more than men. Yet according to a recent study, women save 40% less for retirement than their male counterparts. &quot;This is especially concerning because women live longer than men, and thus need more retirement savings. In addition to a longer average lifespan, women are more likely to have work disruptions for caregiving that hinder their capacity to save. Therefore, they need to capitalize on savings opportunities while they are working,&quot; says Cecilia Shiner, senior analyst.</p> <h2>3. Women Are Less Likely to Receive Retirement Benefits</h2> <p>Of the 62 million working women, the U.S. Dept. of Labor says only about 45% contribute to a retirement plan, because many are likely working in part-time jobs due to family obligations and do not meet the qualifications to contribute. Women who find themselves in this position should <a href="http://www.wisebread.com/how-to-set-up-an-ira-to-build-wealth">open an Individual Retirement Account</a> (IRA) and max-out the contribution limit for every year they are employed.</p> <h2>4. Women Lack Confidence in Their Ability to Invest</h2> <p>As a 2014&ndash;2015 Prudential Financial research study shows, women have not improved their <a href="http://www.prudential.com/media/managed/wm/media/Pru_Women_Study_2014.pdf?src=Newsroom&amp;pg=WomenStudy2014">understanding of insurance</a> and financial products over the last decade despite the 2008 financial crisis. However, the same study reported that women are becoming more confident in terms of managing their day-to-day finances (i.e. budgeting and saving). This is extremely significant because it's the first step towards having the discretionary income needed to invest.</p> <h2>5. Women Invest Differently and Are More Risk Averse</h2> <p>Women <a href="http://www.wisebread.com/the-4-best-investments-for-lazy-investors">invest more</a> conservatively than men. A Barclays Wealth Insights study found that men were more likely to consider themselves financial risk-takers and were more willing to choose high-risk investments in order to achieve higher returns. Even when other approaches would have achieved higher gains, women pursued a steadier course and had more stable returns.</p> <p><em>What do you wish you knew more about investing?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/qiana-chavaia">Qiana Chavaia</a> of <a href="http://www.wisebread.com/5-essential-things-women-should-know-about-investing">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-money-moves-to-make-as-soon-as-you-conquer-debt">7 Money Moves to Make as Soon as You Conquer Debt</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-only-8-rules-of-investing-you-need-to-know">The Only 8 Rules of Investing You Need to Know</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/best-online-sites-for-building-wealth">Best Online Sites for Building Wealth</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/whats-the-right-percentage-of-cash-for-your-portfolio">What&#039;s the Right Percentage of Cash for Your Portfolio?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/should-you-pay-down-debt-first-or-invest">Should You Pay Down Debt First or Invest?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Investment 401(k)s finances retirement women Fri, 22 May 2015 11:00:21 +0000 Qiana Chavaia 1429695 at http://www.wisebread.com 12 Surprising Things Women Should Know About Retirement Planning http://www.wisebread.com/12-surprising-things-women-should-know-about-retirement-planning <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/12-surprising-things-women-should-know-about-retirement-planning" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/retirement_000014649650.jpg" alt="Woman considering her retirement as homeless person" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>One of my longstanding fears is that my retirement will see me living on the street, homeless and destitute. As it turns out, my fear is far from unique. In fact, it even has a name: Bag Lady Syndrome. According to a poll by Allianz Life Insurance, 49% of American women fear <a href="https://www.allianzlife.com/retirement-and-planning-tools/women-money-and-power/bag-lady">ending up a bag lady</a>, even those who make six figure salaries. In fact, according to a recent survey of workers by the Transamerica Center for Retirement Studies, only 14% of women are very confident in their ability to retire comfortably.</p> <p>Yes. I have heard the news: Women continue to make huge strides in school and in the workplace. But I also know the reality. Women are at a much greater risk of financial insecurity in later life than men for a number of reasons.</p> <h2>1. Longevity Does Not Work in Women's Favor</h2> <p>The women in my family generally live to be close to 100. While most people are impressed by my genetics, I find longevity to be an expensive double-edged sword. How am I going to pay for a 30-year retirement? The average American woman lives six years longer than the average man, which is why 70% of Social Security beneficiaries over age 85 are women. There are <a href="https://www.americanprogress.org/issues/women/report/2008/10/08/5103/the-straight-facts-on-women-in-poverty/">50% more elderly women</a> living in poverty than men.</p> <h2>2. 54% of Women Don't Plan to Retire, Ever</h2> <p>Like Mrs. Hughes on Downton Abbey, over half of all American women plan on working until they drop dead.</p> <h2>3. Almost Half of All Women Plan to Work Through Retirement</h2> <p>Shuffleboard and sensible shoes are not everyone's dream retirement. Roughly 49% of women plan on continuing to work during retirement. While work is pleasurable for many women, and delaying retirement is a great way to shore up savings, the job market for 70- year-olds isn't great. Planning to simply not retire is not a viable retirement strategy.</p> <h2>4. Baby Boomers Are Still Living the Dream</h2> <p>Like every other gen X-er on the planet, I figured out in college that I would spend my life paying for someone else's social security, since it's a benefit that I doubt I will ever enjoy. However, this bitter worldview is generational. To wit: 26% of baby boomers (born 1946-1964) don't have a backup plan if they are <a href="http://money.usnews.com/money/personal-finance/mutual-funds/articles/2013/10/08/boomers-forced-to-retire-face-unexpected-challenges">forced into retirement</a> sooner than expected due to health problems or job loss.</p> <h2>5. Time Off for Caregiving Negatively Impacts Retirement</h2> <p>Millennials, get ready to be poor when you are old. Even if your baby boomer parents put away enough money for retirement, you might still have to supplement their care. A recently published study by the Employment Benefit Research Institute calculates that female baby boomers on the verge of retirement have a <a href="http://www.ebri.org/publications/ib/index.cfm?fa=ibDisp&amp;content_id=5487">savings shortfall</a> of nearly $63,000, while male boomers have a deficit of $34,000.</p> <p>What's worse, 58% of women don't plan to take time out of the workforce to act as a caregiver for a child or an aging parent, which is odd considering that 80% of American women give birth at some point during their child bearing years. In fact, the average woman spends <a href="http://boston.cbslocal.com/2014/09/29/bag-lady-syndrome/">17 years raising children</a> and 18 years caring for aging relatives (including her spouse).</p> <p>Of the 22% of the female population who <em>aren't </em>living in denial of the time suck that is parenting or childcare, 67% believe that taking time off work to care for children or aging parents will hurt their ability to save for retirement. (See also: <a href="http://www.wisebread.com/the-9-people-in-your-life-who-are-keeping-you-poor?ref=seealso">9 People in Your Life Who Are Keeping You Poor</a>)</p> <p>While women who take off time to be caregivers lose out on matching funds and cannot contribute to a 401(k), a survey by the asset management firm BlackRock shows that women can <a href="http://www.cnbc.com/id/102473846#.">close the savings gap</a> when they return to the workforce. However, they miss out on the magic that is compound interest during years spent being caretakers.</p> <h2>6. The Majority of Women Expect to Self-Fund Retirement</h2> <p>Only 5% of women expect a company-funded pension to be the primary source of retirement, because less than a third of women will receive any kind of pension at all. Roughly 27% expect to rely on social security, while 59% of women expect to self-fund their retirement through a 401(k) or other savings and investments.</p> <h2>7. Part-Time Work Is Women's Work</h2> <p>Due to childcare responsibilities, women are much more likely than men to <a href="http://www.nytimes.com/2014/08/21/upshot/how-a-part-time-pay-penalty-hits-working-mothers.html?abt=0002&amp;abg=0">work part-time</a>. Not only does this translate into a much smaller paycheck, most part-time jobs do not include benefits such as health care.</p> <h2>8. Women Are Less Likely to Be Offered a Retirement Plan</h2> <p>Also, because part-time workers of either gender are less likely to be included in 401(k)-style retirement plans through work, fewer women are offered retirement benefits.</p> <p>This is compounded by the fact that women who take time out from their careers to raise children or care for aging relatives are not eligible for retirement plans and miss out on matching contributions.</p> <h2>9. Women's Annual Contributions to 401(k)-Style Plans Lag Behind Men</h2> <p>This falls into the &quot;No Duh&quot; category of financial factoids. Women's annual contributions to retirement plans lag behind men's because women make less money on average, and have to take off more time for childcare.</p> <h2>10. Fewer Women Take Advantage of Retirement Plans Than Men</h2> <p>What is preposterous, however, is that even when women are <a href="https://www.transamericacenter.org/docs/default-source/resources/women-and-retirement/tcrs2015_sr_womens_retirement_outlook.pdf">offered retirement plans</a>, only 77% participate, compared to 82% of men!</p> <h2>11. Women Think They Will Only Need $800,000 to Retire Comfortably</h2> <p>Statistically, women live longer than men, and therefore have a longer retirement. This should correspond with higher estimates for retirement savings needs. However, it does not. The median estimated retirement savings need for women is $800,000, compared to the $1,000,000 median men need to feel financially secure in retirement. Why is there this discrepancy?</p> <h2>12. Women Are Guessing Their Retirement Savings Needs</h2> <p>Alas, the main reason that women are low-balling their savings is because 57% are just <a href="http://womenmoneyandsuccessmag.com/resources/statistics">guessing their retirement needs</a>. Only 8% of women in the Transamerica Study used a calculator to run numbers.</p> <p>While this is depressing news, women of every age can take steps to improve their retirement readiness.</p> <h3>Develop a Retirement Strategy and Put It on Paper</h3> <p>Use a retirement calculator to figure out how much you will need to save each year &mdash; including both employer-sponsored plans and outside savings.</p> <h3>Plan Your Parenthood</h3> <p>Can you actually afford to have children? If you already have children, carefully consider any and all options to help mitigate the impact on your long-term financial security. Can you move in with family to help save on childcare costs?</p> <h3>Seek Retirement Benefits</h3> <p>If you employer doesn't offer you a retirement plan, it doesn't hurt to ask for one or seek out an employer who does.</p> <h3>Participate in Company Plans</h3> <p>Regardless of how little money is left over from each paycheck, workers with 401(k) plans should try to maximize the amount of money they put away, especially if the employer matches funds. Women (and men) who don't participate in matching 401(k) plans are literally refusing free money.</p> <h3>Educate Yourself About Retirement Investing</h3> <p>If you can, seek professional guidance. Learn about ways to stretch savings, including when to withdraw money from retirement accounts with minimal penalties.</p> <h3>Have a Backup Plan</h3> <p>Do you have disability insurance or life insurance? Identify possible cost-cutting or money-making lifestyle changes such as moving into a smaller home or living with roommates.</p> <h3>Actually Do the Math</h3> <p>Use a retirement calculator to estimate your retirement savings needs and do everything in your power to achieve that goal.</p> <h3>Share Your Knowledge and Plans</h3> <p>Talk to your family and close friends about your retirement plans. Managing financial and time expectations should be part of everyone's retirement strategy.</p> <p><em>Are you afraid of becoming a bag lady? What is your strategy to keep this paranoid fantasy from becoming a reality? </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/max-wong">Max Wong</a> of <a href="http://www.wisebread.com/12-surprising-things-women-should-know-about-retirement-planning">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-facts-millennials-should-know-about-retirement-planning">5 Facts Millennials Should Know About Retirement Planning</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-not-to-put-money-in-your-401-k">When NOT to put money in your 401(k)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-to-boost-your-odds-of-retiring-early">5 Ways to Boost Your Odds of Retiring Early</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-despair-over-small-retirement-savings">Don&#039;t Despair Over Small Retirement Savings</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-reasons-why-your-retirement-cost-calculations-may-be-wrong">8 Reasons Why Your Retirement Cost Calculations May Be Wrong</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Retirement 401(k) bag lady syndrome poverty savings women Mon, 30 Mar 2015 11:00:08 +0000 Max Wong 1359519 at http://www.wisebread.com Best Money Tips: Gifts for Women That Won't Break the Bank http://www.wisebread.com/best-money-tips-gifts-for-women-that-wont-break-the-bank <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-gifts-for-women-that-wont-break-the-bank" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/gift-1935269-small.jpg" alt="gift" title="gift" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread&#39;s <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some stellar articles on gifts for women that won&#39;t break the bank, donating without spending money, and plugging personal finance leaks.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.savvysugar.com/Cheap-Christmas-Gifts-Women-32491647">77 Gifts For Women That Won&#39;t Break the Bank</a> &mdash; Consider giving the lady in your life a lip balm set or a French press. [PopSugar Smart Living]</p> <p><a href="http://www.stretcher.com/stories/13/13nov18e.cfm">5 Ways to Donate Without Spending Money</a> &mdash; To donate without spending money, donate your unwanted goods. [TheDollarStretcher.com]</p> <p><a href="http://moneyning.com/frugality/how-to-plug-your-personal-finance-leaks/">How to Plug Your Personal Finance Leaks</a> &mdash; Did you know you can save up to $90 per year on stamps by paying your bills online? [MoneyNing]</p> <p><a href="http://www.consumerismcommentary.com/money-systems-extreme-calendaring/">Money Systems That Lead to Success: Extreme Calendaring</a> &mdash; Extreme calendaring can help you with your money by enabling you to make sure you don&#39;t miss a bill payment. [Consumerism Commentary]</p> <p><a href="http://everythingfinanceblog.com/save-bucks-go-eat.html">How To Save A Few Bucks When You Go Out To Eat</a> &mdash; Sharing a dish can help you save when you go out to eat. [Everything Finance]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.frugalconfessions.com/holidays/11-fun-inexpensive-thanksgiving-black-friday-traditions.php">11 Fun and Inexpensive Thanksgiving and Black Friday Traditions</a> &mdash; This Thanksgiving, consider starting the tradition of hosting a Thanksgiving Day Brunch! [Frugal Confessions]</p> <p><a href="http://www.americandebtproject.com/2013/11/afford-retirement-account/">How To Afford a Retirement Account</a> &mdash; Comparing your long term goals with your current spending can help you afford a retirement account. [American Debt Project]</p> <p><a href="http://frugalportland.com/planning-for-retirement-managing-expectations/">Planning for Retirement: Managing Expectations</a> &mdash; To manage your expectations in retirement, take your time if possible. [Frugal Portland]</p> <p><a href="http://www.carefulcents.com/online-tools-apps-for-freelancers/">10 Must-Have Online Tools and Apps For Freelancers</a> &mdash; If you are a freelancer, look into SignEasy and DropBox. [Careful Cents]</p> <p><a href="http://parentingsquad.com/5-ways-to-help-children-this-holiday-season">5 Ways to Help Children This Holiday Season</a> &mdash; Help children this holiday season by volunteering at a local children&#39;s hospital. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-gifts-for-women-that-wont-break-the-bank">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-great-gifts-for-5-or-less">25 Great Gifts for $5 or Less</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-art-of-the-group-gift">The Art of the Group Gift</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/avoid-these-5-common-holiday-budget-pitfalls">Avoid These 5 Common Holiday Budget Pitfalls</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/13-holiday-season-costs-everyone-always-forgets-about">13 Holiday-Season Costs Everyone Always Forgets About</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-smart-ways-to-save-on-fathers-day">3 Smart Ways to Save on Father&#039;s Day</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping best money tips gifts Holidays women Wed, 20 Nov 2013 11:00:09 +0000 Ashley Jacobs 1098611 at http://www.wisebread.com Can You Have It All? 4 Tips for Doing More With Your Time http://www.wisebread.com/can-you-have-it-all-4-tips-for-doing-more-with-your-time <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/can-you-have-it-all-4-tips-for-doing-more-with-your-time" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/6829351053_c7b122feea_z.jpg" alt="A smiling woman sits at a desk, walls and computer monitor festooned with stick" title="busy woman" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>I recently started a demanding job as a first year associate at a large law firm. During law school, I attended numerous presentations focused on women in the law, and the issue of time and work-life balance always came up. Soon-to-be women attorneys wanted to know how to have it all. (See also: <a href="http://www.wisebread.com/the-secret-to-time-management-and-work-life-balance">The Secret to Time Management and Work-Life Balance</a>)</p> <p>There were many answers, but a few pieces of advice stood out. Such as, &quot;You can have it all. You just can't have it all all of the time.&quot;</p> <p>One woman spoke for awhile about how some weeks you'll be really focused on work and neglect your family; other weeks you'll be more family centered, other times you'll exercise and eat well, sometimes you'll neglect your health. The point was, if you wanted a balanced life, you weren't going to get it on a daily or weekly basis, but in the end, if you were conscious about your time, it would all even out.</p> <p>Another very prominent and highly ranked woman attorney gave some unusual advice after speaking about how to stay sane with the many demands placed on you by work and home and other activities.</p> <p>Here's another: &quot;Just make sure you devote one hour a week to something that's just for you.&quot;</p> <p>This shocked me. Just one hour a week to myself? I was used to an hour or two a day. I thought there was no way I would be that busy.</p> <p>And then work started. And I was that busy. I walked around for months feeling like there just wasn't enough time. As a newish mom (my son is now 16 months old) I felt constant guilt at not being able to play with him more. When I was home with my son, I felt that I could be more &quot;productive&quot; with my time. I gave up on the one nonprofit I was interested in volunteering with because monthly meetings seemed like too much of a time commitment. I couldn't figure out how others &quot;had it all.&quot;</p> <h2>What Would You Do With Another Fifteen Minutes?</h2> <p>And then I read a book that completely changed my perspective. The book is called &quot;<a href="http://www.amazon.com/gp/product/B0043RT8EU/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B0043RT8EU&amp;linkCode=as2&amp;tag=wisbre03-20" target="_blank">168 Hours: You Have More Time than You Think</a>&quot; by Laura Vanderkam.</p> <p>In the first chapter Vanderkam quotes a Real Simple magazine story in which women were asked what they would do with an extra 15 minutes a day. The readers said things like: take a bath, read a book, play the piano. I found myself wondering what I would do with an extra 15 minutes a day.</p> <p>With those brief examples out of the way, Vanderkam pretty much says (but more kindly): &quot;Quit complaining. Suck it up. There are people out there doing a heck of a lot more than you do with your day and they still have 15 minutes a day to take a bath, read, AND play the piano.&quot;</p> <p>The book goes on to profile people who do amazing things with their work, and still have time for their friends, families, and themselves. Their examples help readers figure out how to do the same.</p> <p>I highly recommend the book, but if you don't have time, here are the four biggest takeaways.</p> <h2>1. Realize That You Have More Time Than You Think</h2> <p>There are people who do a lot with their time while still having plenty of time to relax. The first step to becoming one of these people is stop complaining about how little time you have. Instead of lamenting your lack of time, take steps to recognize where your hours go.</p> <h2>2. Track Your Time for a Week</h2> <p>There's a <a href="http://lauravanderkam.com/books/168-hours/manage-your-time/" target="_blank">free download on Vanderkamp's website</a> that allows you to track your time for a week. When I did this I realized that a lot of my non-work time was spent &quot;transitioning&quot; between activities, <a href="http://www.wisebread.com/20-ways-to-get-dinner-on-the-table-faster">getting ready for dinner</a>, cleaning up after dinner, getting ready for bed, etc. I also realized how much more time I had on weekends that I could use more productively.</p> <h2>3. Match Your Time With Your Priorities</h2> <p>See if where you're spending your time lines up with your goals, priorities, and core competencies. If not, find ways to change it. (Vanderkamp offers a number of useful tips for freeing up time spent at work, on household chores, etc.)</p> <h2>4. Change Your Attitude</h2> <p>Instead of saying, &quot;I don't have time for that&quot; say, &quot;That isn't a priority for me.&quot; This will help you free up a lot of time on things that aren't actually important. Then, <a href="http://www.wisebread.com/simple-living-determining-your-priorities">if something is a priority for you</a>, figure out how to actually prioritize it.</p> <p>While these tips seem simple, they actually make a world of difference in how much time you have in your week and how you feel about your time.</p> <p>The book assumes that you have the energy and motivation for spending your time as you would want. If you already realize you have enough time but you lack energy, I would recommend another book, &quot;<a href="http://www.amazon.com/gp/product/0743226755/ref=as_li_ss_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0743226755&amp;linkCode=as2&amp;tag=wisbre03-20" target="_blank">The Power of Full Engagement</a>.&quot;</p> <p><em>Do you feel like you have enough time each week to do what you want? Can you have it all?</em></p> <p><em>This post is part of </em><a href="http://womensmoneyweek.com/" target="_blank"><em>Women's Money Week 2013</em></a><em>.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/elizabeth-lang">Elizabeth Lang</a> of <a href="http://www.wisebread.com/can-you-have-it-all-4-tips-for-doing-more-with-your-time">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-personal-productivity-ruleswhat-are-yours">My Personal Productivity Rules...What Are Yours?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-smart-things-to-do-during-your-commute-even-if-you-drive">10 Smart Things to Do During Your Commute (Even If You Drive!)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-easy-organizing-changes-you-can-make-today">25 Easy Organizing Changes You Can Make Today</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-time-management-skills-that-will-help-your-kid-win-at-school">10 Time-Management Skills That Will Help Your Kid Win at School</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-secret-to-time-management-and-work-life-balance">The Secret to Time Management and Work-Life Balance</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Productivity time management women work-life balance Tue, 05 Mar 2013 20:03:31 +0000 Elizabeth Lang 968124 at http://www.wisebread.com Ask the Readers: What Are the Best Gifts for Women? http://www.wisebread.com/ask-the-readers-what-are-the-best-gifts-for-women <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/ask-the-readers-what-are-the-best-gifts-for-women" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4214258173_7c4f9c9fe5_z-1.jpg" alt="What Are the Best Gifts for Women?" title="What Are the Best Gifts for Women?" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>Congratulations to </em><a href="http://www.wisebread.com/ask-the-readers-what-are-the-best-gifts-for-women#comment-554383"><em>Monique</em></a><em>, Marybeth, and Lynda for winning this week's contest!</em></p> <p><em>Editor's Note: For the next few weeks, we will be doing a gift giving series on Ask the Readers and will focus on the best gifts for certain demographics! <a href="http://www.wisebread.com/ask-the-readers-what-are-the-best-gifts-for-women">Ask the Readers: What are the Best Gifts for Women?</a>&nbsp;is part two of our series! </em></p> <p>Finding the perfect gift for your mom, sister, or girlfriends can be tough. Inevitably, every time I have to buy my mom a gift, I always end up getting her a Starbucks or Nordstroms gift card. It's easy to fall into the trap of getting the ladies in your life the same thing when you know she will use what you buy her. However, it can be good to change things up and get her something unexpected.</p> <p><b>What are the best gifts for women?</b><span style="font-weight:normal">&nbsp;Men, what are the best gifts you've ever given your mom, sister, wife, or girlfriend? Jewelry? A gift certificate to her favorite restaurant or coffee shop? Ladies, what is the best gift you've ever been given?</span></p> <p>Tell us what you think the best gifts for women are and we'll enter you in a drawing to win a $20 Amazon Gift Card!</p> <h2>Win 1 of 3 $20 Amazon Gift Cards</h2> <p>We're doing three giveaways &mdash; here's how you can win!</p> <h3>Mandatory Entry:&nbsp;</h3> <ul> <li>Post your answer in the comments below. One commenter will win a $20 Amazon Gift Card!</li> </ul> <h3>For extra entries:</h3> <ul> <li>You can tweet about our giveaway for an extra entry. Also, our Facebook fans can get an extra entry too! Use our Rafflecopter widget for your chance to win one of the other two Amazon Gift Cards:</li> <a id="rc-79857d0" class="rafl" rel="nofollow" href="http://www.rafflecopter.com/rafl/display/79857d0/">a Rafflecopter giveaway</a> <script src="//d12vno17mo87cx.cloudfront.net/embed/rafl/cptr.js"></script> </ul> <p><strong>If you're inspired to write a whole blog post OR you have a photo on flickr to share, please link to it in the comments or tweet it.</strong></p> <h4>Giveaway Rules:</h4> <ul> <li>Contest ends Monday, October 15th at 11:59 pm Pacific. Winners will be announced after October 15th on the original post. Winners will also be contacted via email.</li> <li>You can enter all three drawings &mdash; once by leaving a comment, once by liking our Facebook update, and once by tweeting.</li> <li>This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.</li> <li>You must be 18 and US resident to enter. Void where prohibited.</li> </ul> <p><strong>Good Luck!</strong></p><div class="field field-type-text field-field-blog-teaser"> <div class="field-items"> <div class="field-item odd"> Tell us what you think the best gifts for women are and we&#039;ll enter you in a drawing to win a $20 Amazon Gift Card! </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/ask-the-readers-what-are-the-best-gifts-for-women">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-11"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-should-kids-get-paid-for-doing-chores">Ask The Readers: Should Kids Get Paid For Doing Chores?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-are-checks-a-thing-of-the-past-chance-to-win-20">Ask the Readers: Are Checks a Thing of the Past? (Chance to win $20!)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-how-did-you-spend-your-first-paycheck">Ask the Readers: How Did You Spend Your First Paycheck?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-i-used-to-but-now-i">Ask the Readers: I used to __, but now I __ to save money.</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ask-the-readers-share-your-favorite-frugal-holiday-tradition">Ask the Readers: Share Your Favorite Frugal Holiday Tradition</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Giveaways Ask the Readers gifts women Tue, 09 Oct 2012 10:36:40 +0000 Ashley Jacobs 954951 at http://www.wisebread.com Women's Saving and Investing: Is Your Money "Girl Money?" http://www.wisebread.com/womens-saving-and-investing-is-your-money-girl-money <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/womens-saving-and-investing-is-your-money-girl-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/MONEY.jpg" alt="The word &quot;money&quot; spelled out over, well, money." title="Money and Investing" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>When I lived in New York and made less than a public school teacher in Idaho, one of my guy friends would often offer to pay for lunch since, as he jokingly put it, I only had &ldquo;girl money.&rdquo; It was the first time I&rsquo;d heard the term, but I never forgot it. I was perplexed. I mean, money was money. What did being a girl have to do with it?</p> <p>A few years later, when I began working in the finance industry, the concept of &ldquo;girl money&rdquo; came up again. Countless capable, intelligent women would insist they &ldquo;knew nothing about money.&rdquo; Professional women earning over six figures a year turned to mush when confronted with mutual fund prospectuses and portfolio illustrations. These were individuals I knew to be smart, successful, and certainly capable of decision making. In some ways, these women still viewed their six figure salaries as &ldquo;girl money&rdquo; &mdash; luckily, most of them cared enough to educate themselves on the best ways to save and invest their cash. (See also:&nbsp;<a href="http://www.wisebread.com/why-women-dont-negotiate">Why&nbsp;Women&nbsp;Don't Negotiate</a>)</p> <p>Professional women earn more today than they ever have. Understanding how to save and invest those earnings not only makes financial sense, but helps women become more independent and confident overall. Everyone starts somewhere, and there&rsquo;s often a learning curve. Below are a few tips and ideas on saving and investing to get started on the right path.</p> <h3>Savings: Pay Yourself First</h3> <p>If Cyndi Lauper was right and girls just want to have fun, it&rsquo;s probably going to take some cash to make that fun happen. You work hard for a paycheck, so make yourself a priority in your budget.</p> <ul> <li>Set up a direct deposit from your paycheck to a savings account each pay period, for whatever you can reasonably afford.<br /> &nbsp;</li> <li>Women live longer than men, and therefore need more retirement savings. Contribute to your 401(k) plan at work, especially if your employer offers matching contributions. Freelancers and contractors can contribute to Roth or traditional IRAs.<br /> &nbsp;</li> <li>Keep an emergency savings fund, preferably in an account that earns even a tiny bit of interest. Two to six months of expenses is recommended, depending on your comfort level.<br /> &nbsp;</li> <li><a href="http://www.wisebread.com/how-much-does-your-credit-card-debt-cost-you">Pay down credit cards</a> <em>after</em> you&rsquo;ve socked away money in the bank. While it&rsquo;s true the interest rates on credit cards can cost you, without a savings account, you&rsquo;ll be reaching for plastic every time there&rsquo;s an emergency, creating a vicious cycle of debt.</li> </ul> <h3>Investing: Men Are From Mars, Women Are From Venus</h3> <p><a target="_blank" href="http://abcnews.go.com/Business/women-make-investors/story?id=15039090">Research</a> has shown that men and women approach the concept of saving and investing money very differently, in part because they&rsquo;re hardwired to think differently. For women, this works very much in our favor. Men tend to be emotionally driven when it comes to investing and are comfortable with more risk. Women trade less (which equates to fewer trading fees) and tend to be risk averse.</p> <p>Whether you&rsquo;re just starting to invest or want to increase your financial literacy, the following investment tips make sense for female investors.</p> <ul> <li>Don&rsquo;t get intimidated. Everyone starts somewhere. It&rsquo;s okay to not know the difference between stocks, bonds, and mutual funds at first.<br /> &nbsp;</li> <li>Consider values-based investing if you&rsquo;re not sure where to start. <a href="http://www.wisebread.com/investing-with-your-values">Investing With Your Values</a> offers some great tips.&nbsp;</li> </ul> <ul> <li>Trust your instincts. If you aren't comfortable with an investment or it seems too risky, hold off until you've done more research. It takes a lot longer to recoup losses from a bad investment than people realize.<br /> &nbsp;</li> <li>Ask for help. Women in general seem to be much better about this than men, similar to asking for directions. Confused about a particular stock? Have a question about bonds? Consider calling a Certified Financial Planner (CFP) for advice. Or better yet, network with contacts to find a CFP who might offer some advice for free.</li> </ul> <p><em>This post is a part of Women's Money Week 2012. For more posts about saving and investing, see </em><a href="http://womensmoneyweek.com"><em>womensmoneyweek.com</em></a><em>. </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/erin-c-oneil">Erin C. O&#039;Neil</a> of <a href="http://www.wisebread.com/womens-saving-and-investing-is-your-money-girl-money">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-common-excuses-for-not-saving-money">6 Common Excuses for Not Saving Money</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-money-lessons-we-can-learn-from-beyonc">7 Money Lessons We Can Learn From Beyoncé</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-common-money-misconceptions-about-women">4 Common Money Misconceptions About Women</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-save-without-goals">How to Save Without Goals</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/retirement-for-stay-at-home-parents">Retirement for Stay-at-Home Parents</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Beginning Investor savings accounts women Wed, 07 Mar 2012 10:48:26 +0000 Erin C. O'Neil 903364 at http://www.wisebread.com