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September 2007

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Money Myths Still Impacting Women

In the past, women were often taught some pretty silly notions about money, according to Nice Girls Don’t Get Rich author Lois P. Frankel. Even though a lot of these notions are outdated, many women are still affected by what they, their mothers or women of previous generations were taught. Most women have probably heard these ideas before; the question is whether they are influencing your finances in subtle or not-so-subtle ways. Here are some of the myths that have been passed along about women and money, Frankel said:

• It’s just as easy to marry a rich man as it is to marry a poor one. Many women were told or taught to rely on marriage for financial security in the past, Frankel said. She added that marrying rich is just not something you can count on, and even if you do, divorce and other factors could threaten your financial health if you rely on marriage alone for your financial stability.

•  You don’t need to focus on your career or earning power, because you will only be earning a second income. While that may be true for some women, you never know what life will throw at you and you need to be well prepared through education, etc., to empower yourself financially.

•  Women aren’t good with numbers or money. Even though this may seem like an outdated idea, many women were raised with this belief and are still affected by it.

•  Money can’t buy happiness. Frankel said that if you believe this you need to be reminded that poverty will not buy happiness either. Money doesn’t guarantee happiness, but it does allow for many choices that are not options if you are poor.

•  It’s better to do good than to do well. Not true. The assumption in this myth is that these two things are mutually exclusive. Rich people can do many good things for society.

•  If you work hard, you will be rewarded financially. Not necessarily true. You can work hard, without working smart, which means focusing on your career so you can earn more.
 

Save Space In Your E-mail Account

 

Are you using your e-mail account as an archive? If you are, you might want to keep your eye on how much of the available storage you have used and occasionally get rid of things you definitely don’t want anymore.

Some people like to save everything and others just don’t want to deal with throwing out what they don’t want. Eventually both of those practices can cause the same problems that being a packrat in the brick and mortar world causes: space and clutter issues.

E-mails with large attachments can use up a lot of space and even though many of the e-mail accounts available are increasing storage capacity for users, it’s a good idea to keep a handle on what you’re saving and delete what you don’t need. Use the search function to pull up lists of e-mail you’re sure you don’t want and start cleaning.