The time is right for women to break the last taboo and start talking about… money. Over the last year many of us have looked at things afresh and asked: how can we make changes to our lives for the better? And at the heart of that is financial wellbeing – being in charge of our own money – and not controlled or overwhelmed by it.
So we think now is the perfect time to add taking charge of our finances to the to do list, whatever our circumstances. Let’s have those frank and honest conversations; let’s grab the steering wheel and start making smart decisions about which direction we’re going to take. Because small changes add up to big wins and it’s never too late to start being financially savvy. Let’s start taking steps towards positive action today.
IS THE ESTIMATED TIME IT WILL TAKE TO CLOSE THE GENDER Pensions GAP.
The numbers can look daunting – and to be frank, when it comes to the gap between men and women’s earnings, pensions, savings and investments, the difference is stark. But that’s why we’ve started this campaign. And while there is a lot of lobbying for change in terms of salaries, there are also steps that you can take to help address your financial wellbeing at a personal level. From pension savings to tackling credit card debt, we have plenty of inspiring stories to share from women of all ages and life stages who have made changes to become financially fit.
OVER 100 YEARS
LET'S TALK ABOUT IT
Cringe, awkward, tricky… talking about money isn’t every woman’s favourite thing to do. Many of us find the subject either boring, impolite or plain embarrassing. But just like our physical health, it’s important that we take our financial wellbeing seriously, because, well, we know the two are closely linked. Let’s start the conversation right here.
WHY DON’T WOMEN TALK ABOUT MONEY? WE TALK ABOUT EVERYTHING ELSE. SO WE WANT TO STIMULATE GENUINE, AUTHENTIC CONVERSATIONS ABOUT PERSONAL FINANCES SO THAT WOMEN CAN SHAKE THE STIGMA AND TALK OPENLY ABOUT INVESTING IN THEMSELVES IN THE TRUE SENSE
- KATE THORNTON
GET FINANCIALLY FIT
Studies show that women’s pensions are worth just a fifth of that of men’s – yet on average women live two and a half years longer, which means that smaller pot has to stretch a lot further. And yet it wouldn’t take very much to close that gap: if a woman starts to save an extra 1% earlier on in her career (an average of £35 a month; equivalent to a few takeaway coffees a week), over the course of 39 years she would close the pension gap and enjoy the same retirement funds as her male partner or brother.
We have loads more simple tips and easy steps to help you get financially fit shared by women just like you. Sign up to our weekly newsletters, and start to benefit from the wisdom of other women.
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