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.
Management consultant in London. 29 years old. Living with partner.
Short term (1-5 years): Wedding
Medium term (5-10 years): Children
Long term (10 years +): Retirement
Best buy ever: First flat in east London £220,000
Worst buy ever: Cheap jewellery that fades
Things you spend the most money on: Mortgage, holiday, savings
Salary / Income: £76,000
Net worth (what you own vs what you owe, or your assets minus your debts): £150,000
Any side hustles: Rental income from flat
Savings: Stocks and shares ISA (£11,000) that I add to each month
Home: Yes £468,000
Debt: Mortgage (£330,000)
Investing: Work pension, ISA
Insurances: Work covers Illness and death and health but no mortgage cover
What is money for you? Source of independence
What is financial independence for you? Ability to change job if I want
🙋🙋 Please help us break the taboo and participate here 🙋🙋