When it comes to your finances, do you take a head-on or head-in-the-sand approach? If you identify with the latter, the good news is you're not alone. The bad news? You're not alone. Data suggests that when it comes to managing money, women are not as independent as you'd expect. In fact, 91% of women in heterosexual couples are not participating in financial decisions. But we want to change that statistic. To help you become a master of your own finances, we're debuting a new series called The Paper Files, where we uncover tricks and tips that will help you manage your money and your future. Ready to take it head-on?
If just the thought of checking your bank account's balance fills you with anxiety, you're not alone. According to a recent survey, 30% of Americans are "constantly" stressed out about money. We get it: Amid calculating a realistic percentage to save out of each paycheck and deciding on a sensible retirement plan, managing your finances is a daunting task.
To start small, we asked Keri Danielski, a consumer finance expert at Mint and Turbo, to share five easy yet impactful ways you can improve your financial standing in as little as five minutes. From starting a rainy day fund to putting aside dollars for retirement, here's how to tackle some of the most intimidating tasks on your financial to-do list in almost no time at all.
Ready to take control of your money? Here are five financial mistakes you can fix today, even if you only have five minutes to spare.