4.4 • 1.3K Ratings
🗓️ 22 December 2021
⏱️ 12 minutes
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0:00.0 | This is Optimal Finance Daily episode 1748. |
0:04.0 | Make your money work hard so you don't have to. |
0:07.5 | Buy Victoria Sexton with WomenWhoMoney.com |
0:11.5 | I'm your host and personal finance enthusiast, Diana Mariam. |
0:15.5 | Now let's get right to it and continue optimizing your life. |
0:23.5 | Make your money work hard so you don't have to. |
0:26.5 | Buy Victoria Sexton with WomenWhoMoney.com |
0:31.0 | Why invest more than the men in your life? |
0:34.5 | Studies have shown that in 2021 women still make just 82 cents for every dollar that men make. |
0:42.0 | The fact that the wage gap has yet to be bridged is just one more reason why women need to be investing more than men. |
0:51.0 | According to the same survey, almost 75% of men invest in the stock market while only 51% of women invest. |
1:00.0 | The reality is that in order for women to prepare for the future and make sure they're well taken care of, they need to put their money to work. |
1:09.5 | The higher the returns from investments, the less you need to scrimp, save, and work overtime. |
1:16.5 | You can work less if your money works harder. |
1:20.5 | Women can take care of themselves, yet the fact of the matter is that most women take care of everyone else in their lives before taking care of themselves. |
1:31.5 | While it's in our nature to take care of other people, we should first focus on taking care of ourselves, including taking care of our money. |
1:41.5 | One of the best ways to ensure we're taking care of now and later in life is by investing. |
1:48.0 | Just like the announcement you hear every time you fly on a plane, put your oxygen mask on before helping others. |
1:55.5 | The same goes for women and their money. |
1:58.5 | Women need to make sure they're on solid financial ground before taking care of everyone else. |
2:05.0 | One of the best ways to make sure your money is taking care of and working hard for you is by investing in the stock market. |
2:13.0 | Three reasons for women to invest more than men. |
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