Vestpod - Women & Money

View Original

What On Earth Are We Doing With Our Money?

You might already be familiar with Refinery29โ€™s Money Diariesโ€ฆ well, this is the Vestpod version! Weโ€™ve 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.

๐Ÿ’ญ 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.

๐ŸŒŸ Best buy ever: Travelling all through my 20s.

๐Ÿ˜ณ Worst buy ever: So many useless designer handbags.

๐Ÿ‘€Things you spend the most money on: Holidays with my family.

๐Ÿ˜Œ Pension: Yes - work.

๐Ÿ”ฎ Insurances: Yes - travel/home/health.

๐Ÿ’ธ Salary / Income: £120,000.

๐Ÿ’ฐ Net worth (what you own vs what you owe, or your assets minus your debts): £500k.

๐Ÿ’ป Any side hustles: Nope.

๐Ÿ‘› Savings: £60k in ISA, £10k emergency stash.

๐Ÿ  Home: Yes - £650k.

๐Ÿ”ฆ Debt: Mortgage £220k.

๐Ÿ“ˆ Investing: Pension - I pay 5% & company pays 6%.

โšก What is money for you? Security.

๐Ÿš€ What is financial independence for you? Always security for me & the kids.


THANK YOU!

๐Ÿ™‹๐Ÿ™‹ Please help us break the taboo and participate here - itโ€™s anonymous too ๐Ÿ™‹๐Ÿ™‹