We gathered five women for open and candid discussions about money. Click to highlight their stories - chances are there will be something you can relate to.
- Age: 30s
- Marital Status: Married
- Number of Children: Baby due in May
- Career: Counsellor
- Education: Completed undergraduate degree (graduate degree in progress)
- Income: $20,000 - $40,000
One day, after a disappointing job interview, I spent the rest of the day shopping - all on credit. I realized that I was using spending to make myself feel better in the moment, but I ended up feeling awful because I could never clear my debt or save any money. I never accumulated a lot of debt, but I had no savings. I knew I had to change my habits.
If I were to give a message to other women about money management, it would be to not get caught up in the idea that women have to have hundreds of pairs of shoes and purses and spend tons of money on "fun." You'll feel much more confident and attractive if you don't have financial problems. Think hard before buying small items like cosmetics and accessories. They're usually impulse buys, and they add up.