If you’re a single 20 year old youngster living in the UAE you probably know what it’s like to be career oriented and financially independent. But are you as financially responsible as you are financially independent?
Results from the BlackRock Global Investor Pulse Survey released earlier this year showed that only 42 per cent of Gen Y women were confident about their financial future, while the numbers for men were much higher at 71 per cent. So what explains this difference in perception?
Women today are more financially aware, self reliant and empowered as compared to the previous generations. This calls for a greater focus on maintaining an honest and healthy relationship with money to ensure a financially secure future. And what better time than now to take charge of your finances! Here are a few money management tips to help you stay on top of your finances.