10 Financial Tips Every Woman in Business Should Know

1. Create a budget and stick to it. “Budgeting is the foundation of financial success,” she says. “Think of it as your roadmap; without one, you’re just guessing.”

2. Build an emergency fund. “Aim for three to six months of expenses,” Greene says. “Beyond job loss or illness, an emergency fund gives women the freedom to be independent.”

3. Build your credit. “Learn how credit works and build your own history,” she says. “Don’t rely solely on a partner’s or spouse’s credit. Good credit equals the ability to make independent decisions.”

4. Plan for retirement. “Start early and take advantage of employer plans,” Greene says. “If you don’t understand how it works, ask questions until you do. Your future self will thank you.”

5. Know your worth. “Understand your earning potential and don’t be afraid to negotiate when seeking advancement [at work or in your career],” Greene says. “Research market rates and come prepared with facts to back your request.” 

6. Give yourself a five-year financial plan. “Set clear five-year goals for your money, both short-term and long-term,” she says. “A vision keeps you focused and helps turn dreams into reality.”

7. Network and find mentors. “Surround yourself with financially savvy women and mentors,” Greene says. “The right people can open doors, share wisdom and accelerate your success.”

8. Be mindful about giving and lending. “It’s generous to help others, but set boundaries,” she says. “Don’t hurt your own financial health to rescue someone else.”

9. Practice contentment while working towards goals. “Be content with where you are while working toward where you want to be,” Greene says. “Don’t go broke trying to impress others. It only slows your progress.” 

10. Educate yourself about money. “Keep learning,” she says. “Take a free class, join a group or attend a conference.”