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.
radiographer. watford. 39. married, no kids.
๐ญ Financial goals:
Short term (1-5 years): Travel around South America.
Medium term (5-10 years): Buy a house. I live just outside of London, so my rent is much cheaper, allowing me to save for a bigger deposit for a house.
Long term (10 years +): Save more for a comfortable retirement. Hopefully early, as I really donโt want to be working until I'm 68!
๐ Best buy ever: £400 for my guitar. I was going to buy a cheap one as I have wanted to learn to play, but the store assistant gave me advice - buy the one that you will love to play, otherwise you will get bored playing a cheap one, and be back to spend more money on a better one. This really worked for me, and I love playing this guitar 4 years later.
๐ณ Worst buy ever: Cheap clothes that last a month.
๐ Things you spend the most money on: Holidays, but travelling is my passion.
๐ Pension: Workplace pension.
๐ฎ Insurances: Travel.
๐ธ Salary / Income: £47,000.
๐ฐ Net worth (what you own vs what you owe, or your assets minus your debts): £30,000.
๐ป Any side hustles: Not at the moment but looking!
๐ Savings: £3,000 in a help to buy ISA, and I have just opened an investment ISA (thank you Vestpod book!!).
๐ Home: Not yet.
๐ฆ Debt: £500 interest free over 6 months for a laptop.
๐ Investing: Workplace pension. Looking into investing, I didnโt know anything about it 2 months ago, now have just opened an investment ISA.
โก What is money for you? Freedom.
๐ What is financial independence for you? Not having to spend my life working in a job I don't enjoy because I have no other choice.
THANK YOU!
๐๐ Please help us break the taboo and participate here - itโs anonymous too ๐๐