An initiative for
women creating, growing and protecting wealth

Why WealthSquats?  

WealthSquats is an initiative aimed at changing the way women interact with money. For multiple reasons, we are not taught the fundamentals of how to manage our finances properly and this ultimately determines the options we have.

​I now know that money is power and as women continue to advance in all areas of their lives, the ability to manage money is one area that can inspire confidence and induce a high quality of life.

This initative is for all types of women regardless of your age or income. These pages are a collection of simple, practical thoughts on wealth creation, growth and protection.

 I have come to learn that financial literacy is a skill that can be built just like empathy, leadership, time management or public Speaking. Although I am no financial expert, my goal is to share my views on what I have learnt and continue to learn about money.

WealthSquats focuses on 4 areas.

• Net worth: What are you worth in financial terms? Is it £4,500, £45,000 or more? Knowing and tracking your net worth is a great source of confidence, particularly when aligned to your personal life goals. We discuss how to calculate this value and what the figure means for your life in real terms.
• Pension: Statistically, we women live longer than men and this means that we need to focus on ensuring that we have a solid plan for enjoying rather than dreading retirement
• Savings and Investing: 85% of women do not own stocks and 51% have less than $500 in savings. Put simply, these numbers must change. We explore multiple options that help your money grow in a diversified way.
• Financial Literacy: As with everything, a little knowledge goes a long way. Having a basic understanding of your financial options gives you the freedom to make tailored choices that fit your own goals. I curate articles, videos in addition to my personal experience to arm you with resources to make better choices.

Please reach out, subscribe and share your views so that we can create a robust resource for everyone.

XOXO

find out more

The Wealth Basics

The wealth basics are a checklist of steps you need to take to become financially secure. These steps were devised based on research, personal experiences and conversations with others.

• Set a Money goal
• Calculate your net worth
• Build an 8 Month cash emergency fund
• Save for planned expenses using savings pots
• Start a Pension
• Have appropriate insurance 
  
• Invest in the stock market
• Know your credit score
• Own a home and aim to pay it off by the time you retire
• Control your debts
• Invest in your financial literacy
• Diversify  your investments
• ​Do a monthly financial check 
• Plan how much you want to allocate to savings & investments 

CREATE YOUR financial SUCCESS MAP

Get started

Net worth

What are your worth today in financial terms?
 Your net worth is a good starting point to set financial goals that you want to achieve. Calculate yours by clicking the link below.

More on networth

Pension

Saving for your old age may not sound sexy today but if someone told you that when you retire you would get $100 a month to live on, how would you react? 

More on Pensions

Saving & Investing

How can you make your money grow?
 Let's start creating wealth.  Explore the saving and investment options  that can help you make the right decisions for your short, medium and long term goals.​

More on saving & investing

Financial Literacy

Don't let the big financial terms scare you. Get educated on how to change your atitude towards money so you can control it.

More on Financial Literacy

"I have £125 every month to save and invest. What can I do with that?"

This amount (£)	is for	held in a	and for how long?
15	Emergency Account	Savings account	Short to Medium term
10	Personal Pension	LISA, SIPP	Long term
20	Property Purchase	Help to Buy ISA or a LISA	Medium to Long term
10	Fun account	Savings account	Short term
10	Robo Investing	Moneyfarm, Nutmeg	Medium to long term
10	Peer to Peer lending	Funding Circle, Rate setter	Short to Medium term
25	Stocks & Funds	Brokerage accounts	Long term
10	Early Stage Private Equity	Seedrs, Crowdcube	Long term
15	Bonds	Savings account, Brokerage accounts	Short to Long term

The above is an example. Do your own research to find the right mix that meets your goals and risk appetite  In the UK, you can use an ISA to avoid paying additional tax on your investments. Investment into early stage companies can provide a tax relief through EIS-Enterprise Investment Scheme. Check the charges and costs associated with your investments. 

What should I be doing with my finances if I am a...

Our financial decisions evolves with our varied life stages. Whatever stage you find your self, there are many options that meet your needs.

Student

​Early Professional

Professional

Mother

Disclaimer
The content on WealthSquats are my own thoughts. Consult certified financial experts to get information that is suitable to you.

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