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1. Invest in yourself and your education. Make sure you have the confidence and knowledge to make smart financial decisions and know when and where to invest. 2. Start a business. Consider starting a business that appeals to the needs of other women, such as daycare, financial consulting, private tutoring, or other services that support other women. 3. Leverage your contacts. Network and build relationships with other successful businesspeople, especially women, and take advantage of their experiences and advice. 4. Invest in property. Consider purchasing real estate, such as rental properties, with your extra cash and take advantage of potential tax benefits and rental income. 5. Save. Put all of your extra money into savings accounts, retirement plans, and other vehicles to ensure you’re on track for financial success. 6. Diversify. Diversify your portfolio to spread out your risk and invest in different assets for maximum returns. 7. Practice frugality. Live within your means, only making purchases that add value to your life, and strive to have a positive relationship with money.
Jan. 24, 2023, 7:14 p.m.
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