What On Earth Are We Doing With Our Money?
You might already be familiar with Refinery29โs Money Diariesโฆ well, this is the Vestpod version! Weโve put together a few questions to help us understand what women are doing with their money, and they've answered! Always fun, always succinct, and always anonymous.
Sales Director. London. 41. Married, two kids.
๐ญ Financial goals:
Short term (1-5 years): Pay off mortgage.
Medium term (5-10 years): Save for kids.
Long term (10 years +): Buy investment property.
๐ Best buy ever: Travelling all through my 20s.
๐ณ Worst buy ever: So many useless designer handbags.
๐Things you spend the most money on: Holidays with my family.
๐ Pension: Yes - work.
๐ฎ Insurances: Yes - travel/home/health.
๐ธ Salary / Income: £120,000.
๐ฐ Net worth (what you own vs what you owe, or your assets minus your debts): £500k.
๐ป Any side hustles: Nope.
๐ Savings: £60k in ISA, £10k emergency stash.
๐ Home: Yes - £650k.
๐ฆ Debt: Mortgage £220k.
๐ Investing: Pension - I pay 5% & company pays 6%.
โก What is money for you? Security.
๐ What is financial independence for you? Always security for me & the kids.
THANK YOU!
๐๐ Please help us break the taboo and participate here - itโs anonymous too ๐๐