Money mistakes you should avoid

Money mistakes  you should avoid (Photo: iStock)

Financial empowerment is essential for women, yet sadly, many still find themselves making avoidable money mistakes, usually out of habit, misinformation or societal pressure. Whether you’re managing a home as a single mom, building a career, or running a business, the way you handle your money can shape your future. But the good news is, it’s never too late to shift course.

Procrastination

Many women focus on short-term needs like paying bills, covering family expenses, without thinking long-term. A recent study by Fidelity Investments found that only 33 per cent of women feel confident planning for retirement. Start by setting clear goals. Whether it’s saving for a home, your children’s education or retirement, a plan will give you direction and peace of mind.