What On Earth Are We Doing With Our Money?
You may already know Refinery29’s Money Diaries… this is our own version of it! We’ve put together a few questions to understand what women are doing with their money. Let’s break the taboo and talk more about finances!
It’s short, snappy, fun and anonymous.
Account manager. Portsmouth. 31. Married with 1 baby.
💭 Financial goals:
Short term (1-5 years): Buy a bigger house, have another baby.
Medium term (5-10 years): Career change, & support husband starting a business.
Long term (10 years +): Travel abroad, save for kids education.
🌟 Best buy ever: My first home bought on my own at 27 for £153k.
😳 Worst buy ever: £1k into a friends business...seemed like a good idea at the time. Never saw it again!
👀 Things you spend the most money on: Mortgage, & transport.
💸 Salary / Income: £80,000
💰 Net worth (what you own vs what you owe, or your assets minus your debts): £85,000
💻 Any side hustles: Working on it...!
👛 Savings: Yes - mostly into a regular savings account as the rules on tax on interest changed; around 10% of my salary if possible.
🏠 Home: Yes.
🔦 Debt: Paid off my student debt when I saw the interest rates go up; £5k on a credit card (interest free) & car loan of about £10k.
📈 Investing: Workplace pension + previous workplace pension recently moved to PensionBee. Now looking at stocks & shares ISA for when my credit card is paid off.
😌 Pension: Yes - workplace.
🔮 Insurances: Car, house, life.
⚡ What is money for you? Independence, opportunity, security.
🚀 What is financial independence for you? Security for me & my family.
THANK YOU!
🙋🙋 Please help us break the taboo and participate here - it’s anonymous too 🙋🙋
