International Women’s Day is an opportunity to celebrate the differences between the genders and this year’s theme, #AccelerateAction, acknowledges that we can all DO something to help level some of the differences that remain challenging. One area I see professional women making changes is around personal financial independence.
Despite systemic barriers, women are taking control of their financial futures and building lasting independence. The question is: how will you make it happen?
Breaking barriers, building bridges
Women face financial challenges that demand a proactive approach. From the gender pay gap and career breaks for caregiving to outliving our male counterparts, the obstacles are undeniable. But with the right tools and mindset, these challenges can be turned into opportunities for growth.
- Audit Your Finances – take a clear-eyed look at your financial situation. Where are you now, and where do you want to be? Identifying your strengths and weaknesses is the first step to creating an actionable plan.
- Understand Your Worth – whether you’re negotiating a promotion, exploring new career opportunities, or valuing unpaid contributions, knowing your worth is non-negotiable. Advocate for yourself unapologetically.
- Challenge Limiting Beliefs – shift the narrative around money by connecting with communities and resources that empower you to view financial success as attainable. Wealth isn’t just for “other people”—it’s for you.
- Seek Expert Guidance – don’t go it alone. Consult with financial advisers who specialise in working with women. They can provide tailored advice and strategies to help you overcome barriers and achieve your goals.
Taking action toward financial independence
Financial independence is about choice and security, not just wealth. These steps will help you move closer to the financial freedom you deserve:
- Set Goals with Intention – define what financial independence means to you. Is it starting your own business, purchasing a home, or retiring early? When your goals are clear, your actions have purpose.
- Master Your Budget – gain control by tracking your income and expenses. Create a budget that reflects your priorities—whether saving for the future, investing for growth, or treating yourself guilt-free.
- Invest in Your Future – don’t wait for the “perfect” time or the “ideal” amount. Start small, start today. Compound growth is your best ally, and every pound invested is a step toward your future.
- Safeguard Your Progress – build an emergency fund, review your insurance, and create a will. These protective measures ensure stability, no matter what life throws your way.
- Leverage Workplace Opportunities – many workplaces now offer financial wellness programmes or schemes like pensions with employer contributions. These opportunities are part of your total compensation and can significantly boost your long-term wealth. If your employer doesn’t provide such initiatives, consider introducing them to services like Women’s Wealth, which offers tailored financial wellness programmes for organisations looking to empower their teams.
Real stories, real women
The journey to financial independence looks different for everyone, but the results are empowering:
- Sophie, 42, rebuilt her financial confidence after a career break by working with a planner to set clear retirement goals.
- Katie, 31, and her husband, agreed she was the best person to care for their child and they planned how future income would be used to create equity for the family.
- Emily, 29, reined in her spending after a big city move and used the extra funds to start an investment portfolio—now she’s saving for her first home.
- Amara, 35, began investing small amounts while managing debt and is now on the path to homeownership.
- Linda, 50, navigated the financial challenges of divorce by re-evaluating her goals and resources, emerging more financially secure than ever.
- Priya, 38, joined a women’s financial network, gaining knowledge and confidence to make her first investment in stocks—a decision that’s already paying dividends.
Why 2025 is the year to take action
This year’s International Women’s Day theme, #AccelerateAction, is a powerful call to arms. Financial independence isn’t just about securing your own future—it’s about creating options and opportunities for yourself and the next generation.
As the professional landscape continues to shift, there’s no better time to prioritise your financial empowerment. The tools, resources, and support are at your fingertips; all that’s needed is the decision to start. Furthermore, the growing recognition of women’s financial empowerment in society means that more resources and communities are available than ever before to support you on your journey.
Your next steps
- Take Stock of Your Finances – block out an hour this week to review your income, expenses, debts, and savings.
- Educate Yourself – read up on personal finance, attend workshops, or seek out an adviser who understands your unique challenges.
- Take Small, Meaningful Actions – set up a savings direct debit, open an ISA, or start investing with a goal in mind.
- Find Your Community – join women-focused financial networks for support and accountability as you navigate this journey.
- Make It Routine – financial empowerment isn’t a one-time effort—it’s an ongoing process. Set regular check-ins to review your progress and adjust your strategies as needed.
2025 could be the year you take control, break barriers, and build the financial future you deserve. It all starts with one decision: Are you ready to accelerate your financial future?
