As a female CERTIFIED FINANCIAL PLANNER ™ I’m passionate about helping women take control of their finances. As women we often talk about career growth and the workplace but we often forget our finances. Only 23% of women globally take charge of long-term financial decisions. The lack of involvement can lead to financial vulnerability especially in the event of a divorce of a death of a spouse.
Women face unique financial challenges including:
- Longer life expectancies and need more advice around retirement planning
- Potential career interruptions due to caregiving responsibilities
- Gender pay gap
Having a financial plan in places keeps you prepared for both the expected and unexpected. A financial plan isn’t just about wealth its about proving women with security, choice and control over their future.
The Power of Financial Education:
Knowledge is the foundation of financial empowerment. According to the CSO over 49% of women were employed in 2022 yet many still lack confidence in managing investments and long-term wealth-building strategies. Let’s change that! Seek out resources, attend workshops, and don’t hesitate to ask questions. Remember, there’s no such thing as a “silly” financial question.
Embrace Your Unique Perspective:
Women often bring valuable skills to financial management, including higher emotional intelligence, attention to detail, and a more measured approach to risk. These qualities can be significant assets in building a secure financial future. Let’s leverage our strengths!
Seek Professional Advice:
Did you know that women who consult financial advisers report higher levels of confidence and financial security. Don’t let misconceptions hold you back – professional advice can benefit women at all income levels and life stages.
Support Other Women:
As we progress through life, let’s lift others. Mentor younger women, share your financial knowledge, and encourage open conversations about money. Together, we can create a more inclusive and empowering financial landscape.
This International Women’s Day, let’s commit to taking charge of our financial futures. Whether it’s negotiating a salary, starting an investment portfolio, or planning for retirement, every step counts. Remember, financial empowerment isn’t just about personal gain – it’s about creating a more equitable world for all women.
#InternationalWomensDay
#FinancialEmpowerment
#WomenInFinance
