089 - My Experience With Money As A Single Woman
In this episode of the Mind Money Soul podcast, I’m going to be sharing my experience with money as a single woman.
I think it’s really important to talk about the intersectionality between money and your relationship status. Take me, I’m 30 years old, I’ve been single my whole life and there’s been countless times that I’ve considered my finances as a single gal. It's not surprising that a lot of single women worry about their finances. To add to this worry, women are already financially behind in society because of the gender wealth gap including pay, pension and investing.
There are physical costs associated with being single that get removed or lessened when you form a relationship, for example; splitting the cost of a wedding gift, a hotel room on holiday or a taxi home. Then, there's the mindset element. When you're in a relationship, there's a portion of your financial worries that get halved. These can be financial worries in the moment like losing your job, or financial worries about the future such as affording retirement or buying property. This is why as a single gal it's fundamental to learn how to invest so that you can work towards your financial freedom, independence and security, and ultimately protect yourself regardless of your relationship status.
In this episode:
The intersectionality between money and your relationship status
Why single women worry about their finances
Why investing as a single gal is crucial
Why women are financially behind in society
The extra costs associated with being single
How being single can help you form an abundant mindset
Resources
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