Recent studies show women tend to focus on day-to-day money and personal financial management. Men, on the other hand, tend to focus on retirement planning. Depending on who tends to take more responsibility for your finances, you may not be focused on the long-term. The same studies show that less than 25% of single women feel they are prepared to make decisions about retirement planning.
Day-to-day budgeting and planning are certainly important, but so is planning for your future. Make sure your day-to-day plans include the steps you are taking to prepare for a great retirement. If you aren’t sure where to start, see a certified financial planner to get help. The best budgets plan for today and for tomorrow.