While discussing money lessons from the Covid-19 pandemic many months ago, the feedback I received reinforced something that is a very present challenge.
Though the ensuing uncertainties and job losses hit hard for all, women were more affected, and the recession was dubbed a “she-cession” in some countries.
Do you know why? Women are typically disadvantaged in situations like this. Many women are faced with caring for the home and children and, in some cases, not afforded equal opportunities when it comes to work. It is my belief that women must be empowered to help them cater for their families and communities. When a woman is financially empowered, she is limitless in respect of pursuing her dreams. In truth, financial literacy is not taught in schools and so we much make efforts to learn it personally.
Nobody said it was easy, but you can learn how to secure your financial future. Good money habits result in financial independence, and it is about taking baby steps. Baby steps with changing your mindset about money, learning how to line up your goals and working to achieve them. You too can learn how to save and invest your money in line with your desired goals and I am looking forward to it.
Just make the decision to start! There are lots of resources online and professionals who can work you through. It starts with the mindset to do better.
This column is going to cover all aspects of financial literacy in simple and relatable terms, and I am very excited. We are building a community of strong, independent and limitless women and it starts with you.
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