It’s not always easy to make your own way in the world as a woman. This is particularly true when you first leave home and try to establish your independence. Men are often encouraged to leave home as early as possible and begin making their own way in the world. However, for women, there can be a little more flexibility when it comes to staying at home for longer or remaining dependent on your family.

While there’s nothing wrong with that — it does mean that there may be less incentive and support for those of us who have dreams of being independent and carving our own way. It may be that you have a tense relationship with your family and don’t want to depend on them any longer than you need to. Or, it may be that you’re naturally independent and prefer to stand on your own two feet. No matter the reason, there are plenty of things that you can do to prepare to leave the nest. Here are some tips to get you started.

create steady income

If you’re a naturally ambitious person, you may stand in your own way at the onset of your adult life, as you refuse to take any job which doesn’t already seem to be your “dream job”. While it’s great to have a strong sense of where you want to be in life, it doesn’t mean that you’ll be an overnight success. 

In the beginning, there’s no shame in taking a less “glamorous” job. In fact, it will be necessary if you want to begin earning your own money, paying your bills, and saving.

Get the best job that you qualify for. The, be sure to take proactive steps, constantly, to keep moving towards your ultimate goal career. Don’t get too comfortable in your current job. Always be on the lookout for better opportunities. This will keep you from becoming stagnant and help you to move forward.

3 ways to start being intentional with your money banner - Tiffany Nicole Forever Blog

do your due diligence

A lot of young women experience a series of major financial pitfalls when they first leave home. They might fall prey to predatory lending practices. Or they might fall victim to a reckless spending mindset. This happens when you’re more focused on short-term fulfillment than long-term financial success.

When you know better you do better.

One of the best ways to shield yourself against poof financial decisions is to do your due diligence. It’s entirely possible that you may, at some stage in your early adult life, need a loan or a credit card – Whether it’s to build a solid credit history or for unexpected expenses. Before you sign on the bottom line or click ‘accept’ on that card offer, do your research. Understand all the terms of the repayment agreement and weigh the cost of borrowing. Bonsai Finance is one example of a company that offers loans but also discloses a significant amount of information for you to explore beforehand.

simple guide to credit

know what’s happening with your money

You may have the best of intentions when it comes to how you handle your money, but in order to really control your finances, you have to know what’s coming in and what’s going out. 

Many women manage their finances by “feel”. They’ll get their monthly paycheck, spend some of it on having fun until they “feel” like they’ve spent too much. Then, they’ll guesstimate how much they’re going to need for groceries, new clothes, etc. The problem with this system is that it’s very imprecise and inevitably leads to financial waste and overspending.

Using a tool like YNAB  or our complete guide to budgeting can help you to be much more aware of what’s actually happening with your money, which can, in turn, transform your life, and finances, for the better.