With it being International Women’s Day on 8 March, it’s important to reflect on the strides that have been made towards achieving gender equality, and the work that still lies ahead.
One crucial aspect of the journey towards gender equality is empowering women financially. Economic empowerment is not just about giving women access to money; it’s about them achieving the agency to control their finances, pursue their goals, and shape their own financial futures.
Across the globe women make significant contributions to their families, communities, and economies, yet they continue to face unique challenges in achieving financial independence. Whether it is because of the gender pay gap, the financial impact of the menopause, deep-rooted social norms and cultural attitudes or limited access to financial education, women often find themselves at a disadvantage when it comes to managing their money effectively.
However, the benefits of empowering women financially are undeniable. Studies have shown that when women have control over household finances, they tend to prioritise investments in their families’ health, education, and well-being. This not only leads to better outcomes for their children but also contributes to the overall development of their communities.
So, what can employers do to help empower women financially and continue the move towards real gender equality? Well, as a starting point they can equip women with the knowledge, skills and confidence they need to make informed decisions about their finances through financial education in the workplace.
With research showing that women in the UK are more likely to avoid financial decisions and rely on others to help manage their finances than men, Better with Money’s “Women and Money” webinar can begin the journey towards financial empowerment for many and accelerate it for others.
Structured in an interesting and accessible way, the “Women and Money” webinar is specifically designed to equip women with the skills, knowledge and resources they need to gain more money confidence, overcome financial challenges and work towards greater financial independence.
As we celebrate International Women’s Day why not commit to the cause of empowering women financially through the gift of financial education? By striving for a more equitable world, we not only unlock the untapped potential of half the population but can help cultivate a future where every woman is financially empowered to pursue her dreams and shape her destiny.
If you’re interested in learning more about the courses and resources offered by Better with Money, please don’t hesitate to contact us. Let’s embark on this journey toward a more inclusive and empowered future together.
