Women face specific challenges when it comes to managing their money. Many women take time out of the paid workforce to care for others, which reduces their retirement savings. With a longer life expectancy than men, this often puts women in a particularly vulnerable position when it comes to their finances.
Starting a conversation about money with your friends and family doesn’t have to be awkward or painful. ASIC is encouraging women to talk to their partners, friends, children and other family members about good and bad money habits, financial decisions they’ve made in their lives, and how to plan for the future.
To address these financial challenges, ASIC's Laura Higgins sat down with five influential and inspirational Australian women to chat about their money experiences and to encourage all women to have their own money conversations with friends and family. The women featured in the videos are:
Faustina Agolley: TV host, actor and DJ
Jane Caro: Social commentator and author
Shivani Gopal: Founder, The Remarkable Woman
Sarah Moran: Co-founder and CEO of Girl Geek Academy
Kate Ritchie: Actress and radio host.
Click here to see the campaign videos on ASIC’s MoneySmart YouTube channel (MoneySmartAU)