Oh, how times have changed! Women around the globe are taking control of their decisions and choices, where their finances are concerned. Some women have discovered the joy of emancipation and are being financially independent, and seemingly growing #herwealth into prosperity. But there are some of us, whose financial position is not in shambles, but not at the place where we want it to be.
As Carrie Schwab-Pomerantz once said, “financial independence is a matter of necessity”. An important milestone, revered by many, yet seemingly hard to attain by some. A milestone, unlike many, that is not a one-off achievement but a process of gradual improvement, unlocking one stage at a time. Financial independence then, in my opinion, is not a final destination; it is a journey and a process of planning my money to ensure that I can live the life I choose.
Let me be clear, financial independence is not the same for everyone. It means varying things to different females and may even differ at various stages of your life. For instance, last year financial independence goal was to invest in stocks and having a reasonable sum secured as emergency savings. Today, the focus is on moving out of a family home to owning an apartment. Irrespective of what it means to you, at the end of the day, us women are taking control of our money and ensuring that we live a balanced life. So, let’s talk about financial planning!
20/40 Women's Exchange 