What On Earth Are We Doing With Our Money?
You might already be familiar with Refinery29’s Money Diaries… well, this is the Vestpod version! We’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.
radiographer. watford. 39. married, no kids.
💭 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 don’t want to be working until I'm 68!
🌟 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.
😳 Worst buy ever: Cheap clothes that last a month.
👀 Things you spend the most money on: Holidays, but travelling is my passion.
😌 Pension: Workplace pension.
🔮 Insurances: Travel.
💸 Salary / Income: £47,000.
💰 Net worth (what you own vs what you owe, or your assets minus your debts): £30,000.
💻 Any side hustles: Not at the moment but looking!
👛 Savings: £3,000 in a help to buy ISA, and I have just opened an investment ISA (thank you Vestpod book!!).
🏠 Home: Not yet.
🔦 Debt: £500 interest free over 6 months for a laptop.
📈 Investing: Workplace pension. Looking into investing, I didn’t know anything about it 2 months ago, now have just opened an investment ISA.
⚡ What is money for you? Freedom.
🚀 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!
🙋🙋 Please help us break the taboo and participate here - it’s anonymous too 🙋🙋