Leo Dale

7 ways a woman can manage her finances better

Male Escort Melbourne – 24 March, 2022


Did you know? Recent studies indicate that the difference in superannuation savings between men and women in Australia is significant. Women have much less money set up for retirement than men: 50 percent women in the age group of 45 to 59 had less than $8,000 in their superannuation accounts, compared to $31,000 for men. This is not good news.

Added to this, 13.8 percent women earn an average weekly income of $255.30 less than men. This data is alarming and I think it goes without saying that it’s never a bad idea to plan your finances as early in life as possible, whether you’re a woman or a man.

Today I’ll discuss some steps you can follow to take control of your finances and make your money work for you, and not the other way round.

Disclaimer: I’m sharing my opinion based on my financial experience. This article is not at all an investment advice. Please consult your financial advisor for that.

     1. Figure out your personal financial goals 

Just how you’d have career goals, fitness goals, or life goals in general, you’d need to plan your financial goals. Do you want to save for college? Plan a trip to that dream island? Buy a house? Think through and figure out what you want from your life in the next 5 or 10 years when it comes to financial goals.

     2. Manage your time so you can manage your money

We all talk about how important it is to manage time, but somehow the significance of money management is not emphasised enough. Now, of course you’d need to take some time out from your schedule so that you dedicate it to planning your money. In today’s world of hectic lives, that can be challenging, but it’s something you have to figure out if you want to get your finances sorted.


I suggest you block your calendar for one hour every week when you do nothing else but look at your finances. In this way you’ll not forget to do it and you’ll be able to regularly keep updated with your personal finances.

     3. Install a budgeting app on your phone

As soon as you receive your salary, portion it out into your savings, necessary spends and finally your needs and wants. I think the last two are self-explanatory. An expense on something essential that you simply cannot avoid is your need. For example, grocery. One the other hand, an expense on something that you desire but it does not necessarily affect your daily life in its absence is a want. For example, a makeup kit or movie tickets.


There are a lot of good budgeting apps available that you can use for free. They will help you budget and give an overview of your expenses.

     4. Keep a track of your spending (linked to point 3)

You can also use apps to keep a track of your spending. This feature is provided by most budgeting apps where they inform you about your daily, weekly, and monthly spendings. You can modify the app’s settings based on the frequency you’d need the updates at. 


This data on spendings will help you keep tabs on the days where you spent in moderation and the ones where you *might* have gone a little bit overboard.

     5. Be super into your super

Plan for your future in advance and make it super secure with super. Today you might not realise its importance when you’re actively earning, but later in life when your income sources dwindle down, you’d need enough super funds to live comfortably even during the advanced years of your life.


Want to know how much more you’d need to add to your super and for how long it will support you? You can try free online calculators to get a fair idea. It’s also a good idea to collate all your super accounts and increase your contributions to those accounts if you’re already making them. On that thought, I strongly recommend exploring lost super search.

     6. Have a backup plan ready

Nobody has the power to see the future. Even if everything feels in control and sorted today, there’s no guarantee that nothing will change tomorrow. You might face some unforeseen event, an emergency or god forbid a catastrophic event (I do wish nothing like this happens in your life, but unfortunately, we can’t say for sure that they will never happen). In such a case, you’d always want to be prepared and sail right through.

     7. Know the fair income you deserve

Make it a habit of researching the average income people in roles similar to yours get. This will help know your market worth and you’ll have some data points ready in your next appraisal or review with your supervisor.

To conclude

Financial planning is not as intimidating as it sounds, trust me! You just need to sort and take care of some things and they will take care of themselves in the long run. See you on the next blog.

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Leo Dale

Male Escort Blogger

Hi, I’m Leo, a Full-time Male Escort from Melbourne Victoria, with over 11+ years of experience in the “Making Women Happy” field

I love to write about all sorts of things, so feel free to look around and read through whatever articles take spike your interest.

Leo The Love Doctor



Male Escort for women, Melbourne, Victoria, Australia