Feb 1, 2024
In today’s episode we tackle the critical issue of female financial security, an area I passionately believe needs to be at the forefront of our wealth conversations.
I draw from my personal journey and share how the evolution of women's roles in the economy, although progressive, continues to be hemmed in by enduring societal norms and structural inequalities.
Listen in as we peel back the layers of financial challenges unique to women, from the gender pay gap to the juggling act of motherhood and career, and how these factors perpetuate a cycle of financial vulnerability.
We consider the value of maintaining separate financial entities, and how these can be a buffer in times of upheaval, whether due to childcare commitments or the dissolution of a relationship.
The dialogue pivots to personal anecdotes, illustrating the long-term benefits of early financial planning and how foresight can preserve a woman's financial stability and peace of mind in a variety of life scenarios.
I also reflect on the triumphs and trials of balancing life as a single parent and student, all while navigating the financial tightrope.
You'll hear how the skills honed from rigorous budgeting, savvy credit card use, and strategic savings were not only survival tactics but also stepping stones to future prosperity.
--------- EPISODE CHAPTERS ---------
(0:00:10) - The Importance of Female Financial Security
(0:07:57) - Financial Considerations for Women in Relationships
(0:14:25) - Overcoming Challenges as a Single Parent
(0:21:45) - Managing Finances and Overcoming Challenges
(0:32:35) - The Importance of Female Financial Security
Connect with Vicki:
Visit my website to learn more
Watch the full episode on YouTube: https://youtu.be/6rGs8GA_xkI
Booking calendar - https://calendly.com/vickiwusche
Access the free resources: https://vickiwusche.com/resources/
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you?
Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast?
The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them