Forty-two percent of all women lack financial security and only 6 percent of women are “very confident” in their ability to retire comfortably. With these stats in mind it’s time to stop spending on the “latest and best” and forget about keeping up with
Never have women had so many opportunities to make their mark in different ways across all spheres of society. In addition to their increasing contribution to the economy, women are also responsible for nurturing and moulding the next generation.
So, why is it then that women display this immense ownership and competence in all other areas of their lives and yet so many of them continue to avoid taking responsibility for their money?
The fact is women can no longer make excuses for financial immaturity. Taking responsibility is the first step to achieving financial independence and ultimately making healthy financial choices.
Liberty’s Head of retention and financial adviser Boitumelo Mothoagae advises the following steps to help put you on the right path to achieving this.
Your money is a huge part of your life. It can determine what you can do and where you can go. Learning how to manage your money the right way is an important step toward taking control of your life.