What On Earth Are We Doing With Our Money?
Welcome to our new money section! 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.
Policy Officer in London. 24 years old. Single.
Short term (1-5 years): Saving for a Masters (abroad) and a sabbatical
Medium term (5-10 years): Move into consulting, save for a house
Long term (10 years +): Continue working (beyond retirement age) and travel
Best buy ever: My flights to Sweden (around £20), it's inspired me to move there for further study and hopefully the long term
Worst buy ever: My rent (when I found out our neighbours are paying over £100 a month less... each)
Things you spend the most money on: Rent and international travel
Salary / Income: £30,250
Net worth (what you own vs what you owe, or your assets minus your debts): (£47,000)
Any side hustles: N/A
Savings: Saving 25% of my salary in a regular saver and ISA
Home: Not planning it for a long time
Debt: Student debt around £50k
Investing: Investing my workplace pension
Pension: Yes, through work
What is money for you? Opportunity to travel
What is financial independence for you? Having the disposable income to enjoy where I'm at: spending time with friends, travelling and being able to save for the future
🙋🙋 Please help us break the taboo and participate here 🙋🙋