9 out of 10 women will be the sole decision-maker at some point in their lives, it is critical that women are equipped with the knowledge and confidence to take control of their finances now and in the future.
In this workshop, Batya Shulman, ex-CFO at Commonwealth Bank and currently a Partner atSt. James’s Place Wealth Managementworked through four critical steps to becoming financially independent and five financial empowerment rules we should all follow below:
5 financial empowerment rules we should all follow:
Make sure you always have sufficient money on deposit to meet your short-term needs
Don’t overlook the impact that inflation can have on the spending power of your money
Understanding your personal financial goals & objectives
Invest for the longer term
Diversify your investments as widely as you can