Managing director of Julius Baer, Patricia Astley, recently attended a cocktail party where the ladies got together to talk about money. Having just been awarded the accolade of most sought after woman in investment banking, she was keen to share her knowledge.
The question of the night was – how important is money to a woman in today’s economy? According to her, women are more likely to take a pay cut in order to provide a better life for their kids. To wit, one in three women is earning less than they’re worth. This trend is only likely to accelerate as women turn state pension age. With no universally available low cost child care, a woman’s main source of income is her primary job.
It’s safe to say that women are more likely to take the first job they can get – and more likely to take a pay cut in the name of a better life. This has a knock on effect on their children’s education and social development. The trick is to plan for the long haul. The best time to start is before the baby is born. In fact, many women are opting for a full time job at home in order to achieve a work-life balance. Similarly, if you’re planning to have children, be sure to factor in the cost of childcare. Alternatively, consider a home-based business. Lastly, do your research before signing on the dotted line. If you’re unsure of your next move, ask questions, and be ready to explain your reasons.
Did you miss our previous article…
https://alpinedating.com/how-important-is-money-to-a-woman-8-questions-to-ask-while-dating/
