Women receive 30 % less pension on average than men and are less likely to invest in the capital market. One in five women in Europe over the age of 65 faces the risk of living in poverty during their retirement years. However, data from Trade Republic shows: in 2023, women achieved a 2 % higher return on the capital market compared to men. This International Women's Day, let's shed light on the importance of private pension provision and empower women to invest in their financial future. Let’s talk about money. That’s why saint sass and Trade Republic are releasing statement tights together. 100 % of the profits will support the non-profit organization seiSTARK e.V. in promoting financial education for women. Find out more and set a statement with #RetireRich: https://lnkd.in/egJvjszn #TradeRepublic #saintsass #InternationalWomensDay #StatementTights
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Trade Republic and saint sass join forces on International Women’s Day to raise awareness of the importance of retirement savings for women. Women receive 30% less pension on average than men. And one in five women in Europe over 65 faces the risk of poverty in retirement. However, data from Trade Republic shows: in 2023, women achieved a 2% higher return on the capital market compared to men. saint sass and Trade Republic are releasing statement tights together. 100% of the profits will support the non-profit organization "seiStark e.V." in promoting financial education for women. Time to change the narrative. #RetireRich #TradeRepublic #InternationalWomensDay
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The Ripple Effect of Women's Financial Empowerment Financial independence is a key component of women's empowerment. With their own financial resources, women can pursue higher education, start businesses, and invest in their future. This independence also provides a safety net, enabling women to leave unhealthy relationships and make choices that align with their personal and professional aspirations. By supporting initiatives that promote financial independence, we pave the way for a more equitable and prosperous society. Financially empowered women contribute to economic growth by participating in the workforce and entrepreneurship, driving innovation and creating jobs. By prioritizing financial empowerment for women, we are not only addressing gender disparities but also fostering a more inclusive and resilient economy. Empowered women lead to empowered societies, and the impact is profound and far-reaching. To support the financial wellbeing of women across Canada, Mackenzie Together Grants offer special funding to charitable organizations that focus on addressing the financial literacy gap of women and those supporting families through financial education and training programs. Don't miss the opportunity to apply for the 2024 Mackenzie Together Grants. Applications are now open until August 31, 2024. 👉 https://lnkd.in/gGnvMhuc #YEGCharity #CharitableOrganizations #MackenzieTogetherGrants #MackenzieTogetherInvestments #YEG #YEGCommunity #FinancialWellbeing #FinancialEducation #FinancialTrainingPrograms
Financial Independence for women
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In recent years, female-led saving groups have been making significant strides, not only in Africa but globally. These grassroots initiatives have become critical financial lifelines for women, their families, and communities. Through these groups women are gaining the ability to make financial decisions independently, fund their own ventures, and build a safety net for their families. At the core of this movement is financial inclusion a powerful tool that’s giving women access to economic opportunities that were once out of reach. Ways in which Women in saving groups are now financially empowered: 📍Breaking the Cycle of Poverty: Previously women had no means of accessing capital but are now able to borrow from their groups to fund education for their children, improve household livelihoods, or invest in income-generating activities. 📍Building Financial Independence: For many women, especially in rural and underserved areas, access to traditional financial services is limited but saving groups provided an alternative. 📍Strengthening Entrepreneurial Skills: These groups often become more than just platforms for saving they evolve into spaces where women can share ideas, learn from each other, and build entrepreneurial skills. 📍Creating a Ripple Effect in Communities: Women use their savings and loans to support their families, invest in community projects, and even mentor others in financial literacy. Since many of you are in saving groups and have witnessed first hand how they enable economic growth, please share with us the impact you have witnessed from saving groups? #savinggroups #financialempowerment #personaldevelopment #personalfinance
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The theme this year for International Women’s Day is “Invest in Women: Accelerate Progress. We know that when we invest in a woman’s business in Uganda, she will invest that money into raising her family. https://lnkd.in/eg9zuKKs
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We’re excited to share insights from our Village Savings and Loan Associations (VSLAs) Annual Report on how VSLAs are driving change beyond financial inclusion. Women in CARE’s savings groups are 40% more food secure, 75% more resilient, 15% more politically active, and 80% more likely to invest in their children’s education! In Zimbabwe, in FY24 we registered 8,837 new VSLAs members making the total of people participating in our projects 32,628. Cumulatively over the years our VSLAs footprint has reached 372,594 individuals. Through #VSLAs we are unlocking opportunities for unbanked women in Zimbabwe. Discover more in our latest Annual Report: https://ow.ly/3sPn50TWH2o #womenempowerment USAID Takunda
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Did you know? 1.1 billion women globally are "financially excluded" lacking access to basic financial tools and services, according to the World Bank. This stark reality limits their independence, choices, and ability to build brighter futures. But at KK Bhedru Charitable Trust, we're saying enough is enough! We believe financial literacy is freedom. That's why we empower women through our dynamic financial literacy workshops designed to: 1. Break down complex financial concepts into manageable steps. 2. Build confidence in budgeting, saving, and investing. 3. Equip women with essential skills to navigate the financial landscape. 4. Connect them with access to local savings programs and microloans. Imagine the impact: a woman learning to manage her income effectively, confidently starting a small business, or saving for her children's education. This is the power of financial empowerment! Help us spread the word about "making women financially independent" by reposting this post. Also, help us raise donations for the education of slum areas poor kids by the link in the comments. #womenempowerment #bridgingthegap #NGO #impact #financialliteracy #financialfreedom #kkbhedru
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Women, especially those in rural or marginalized communities, are often left out of public finance decisions. Our new strategy focuses on giving these voices the power to influence how public money is raised and spent: https://lnkd.in/evNrKwV7 #openbudgets #IBPNewStrategy
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Australian billionaires are $120bn richer since 2020, a 70 per cent increase on their wealth. The figure comes from new research by global anti-poverty non-profit Oxfam. Research commissioned by the organisation has also found nearly three-quarters of Australians support a wealth tax on people with wealth of more than $50m. Oxfam Australia chief executive Lyn Morgain said our wealth gap was amoral. Oxfam Australia chief executive Lyn Morgain says G20 leaders can make changes to put the needs of the many before the greed of an elite few. “Inequality in Australia and across the globe has reached obscene levels, and until now governments have failed to protect people and the planet from its catastrophic effects,” Ms Morgain said. “The richest one per cent of humanity continues to fill their pockets while the rest are left to scrap for crumbs.” The Australian Financial Review rich list posits 150 Australians have at least $1bn of wealth.
Aussie billionaires $120bn richer in four years
news.com.au
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Women are increasing their earning power. And you know what? NOTHING bad happens when women have more money. What does she do? - She leaves a bad marriage and builds a better life for herself and her children, on her own terms. - She quits the dead-end job that fills her with dread every Sunday night, and goes to work for herself or at a modern job that understands flexibility is important. - She spends more money on her kids and may help financially support other family members while beginning to build generational wealth. - She buys the latte or goes to the Beyoncé concert or takes the trip to Europe — without the whole guilt-driven, shame-centered internal monologue about over-spending. - She donates to nonprofits that align with her values. - She donates to political candidates who support legislation that supports her and her family. - She invests to make a positive impact. https://lnkd.in/giGTANmw #transferofwealth #women #womenwithmoney #wealth #earningpower #feminism #feminzationofwealth
One outcome of the Great Wealth Transfer is set to change everything for millions
fastcompany.com
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#QOTD #QuotesoftheDay #7Quotes ❝For women, financial independenceis a matter of necessity.❞ — Carrie Schwab Pomerantz ❝Every woman must have a purse of her own.❞ — Susan B. Anthony ❝A woman must have money and a room of her own (with a lock and key), if she is to write.❞ — Virginia Wolf _____ ❝INVEST IN WOMEN. We're not a fucking charity. We're a $3 Trillion opportunity!❞ — Jesse Draper 🙌🙌 ______ "INVESTING IN WOMEN IS SMART ECONOMICS. Investing in GIRLS, catching them upstream, is even smarter Economics.❞ — Dr. Ngozi Okonjo Iweala _____ ❝The amount of pressure we put on girls to get married should be channelled towards their economic empowerment (and happiness, dreams, well-being, purpose, legacies).❞ — Chimezie Anajama ______ ❝If we're to see any real development in the world, our best investment is in WOMEN.❞— Bishop Tutu Socio-Economic Power ↔️↔️ Political #SDGs2030 #SustainableDevGoals #FinancialLiteracy4Women #FLOW #Freedom #Agency #Rights #Dignity #EconomicOpportunities #LifeSkills #Values #WWNCooperative #WWNCoop #Nwanyibuife
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8moSuch a great commitment to this important topic! I celebrate that very much! Keep up the great work 🫶