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.
Destination Manager. Netherlands. 27. Single
Short term (1-5 years): Save at least 10,000€ a year, and save for one big tip a year, max €2,000
Medium term (5-10 years): Save to buy a house and to support a future family
Long term (10 years +): Go on annual holidays and city trips, be able to have a rainy day fund if anything goes wrong!
Best buy ever: I don't think I have a best buy at the moment. Probably education? cost was approx €16,500
Worst buy ever: Almost monthly weekend city trips abroad €200 a weekend
Things you spend the most money on: Rent, travel, food
Salary / Income: €24,000
Net worth (what you own vs what you owe, or your assets minus your debts): €10,000
Any side hustles: no
Savings: Yes, I have a savings account and try and save around €500 -700 a month and planning to open and ISA soon investing a few hundred pounds a month
Home: No, but planning to buy within the next 3 years
Debt: No! I have a credit card but never used it and I have no student loans to pay back.
Investing: I'm not sure what or if anything is invested in my workplace pension. I will start an ISA within the next months
Pension: I have no idea if and how much I have in a pension
What is money for you? Money means independence, the chance to be able to explore the world and to be able to treat my friends and myself
What is financial independence for you? Being able to afford basic life needs like rent and food as well as being being able to spend money on dinner / drinks with friends and the occasional shopping spree!
🙋🙋 Please help us break the taboo and participate here 🙋🙋