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The Good Guide...

10 March 2023

10 min read

Guide: The Good Guide to Financial Wellbeing for Women

It is really important that we take control of our own finances, and do it as early as possible.

To celebrate International Women’s Day 2023, EQ Investors has sponsored a new Good Guide to Financial Wellbeing for Women.

Recent years have shown us just how vital it is to have a ‘rainy day’ savings fund that you can call on at a moment’s notice. Traditional advice goes that, if possible, you should have three to six months’ salary stashed away in an easy-access account. You can check out our top-paying sustainable savings accounts for the best options for your pocket and the planet, too.

But women also need to INVEST way more than they do; whether that’s adding more to a workplace or personal pension, or investing in a Lifetime ISA or a Stocks and Shares ISA.

Yes, saving is less risky because your money is protected and you can get to it quickly. But it also has far less potential for meaningful returns. This is particularly true in the current high inflation environment, as cash savings will lose value in ‘real’ terms over time (i.e you’ll be able to buy less with your money in the future than you can now).

Investing can have a life-changing effect on our savings and – when done in the right kind of funds an projects – can help protect our planet for our children and theirs after that.

Grab your copy below.

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