Content created in partnership with The Table sponsored by Mercer (N.Z.) Limited
“You know the saying that ‘every dollar you spend is a vote for the kind of world you want to live in’? Well, through this podcast, we want the women of Aotearoa to have some more votes so we can start building that world. The way we are doing that today is by looking at how many of those dollars and votes you will have when you retire.” - P.M.S podcast host Michèle A’Court.
Introducing a new podcast series, P.M.S - redefining Power, Money, Security for women.
Episode three - Getting it on; money and relationships - drops today and features thoughtful, insightful real world experience and advice from guests Angela Meyer and Sarah Whitelock from Mercer.
In last week’s episode, How KiwiSaver can be our saviour, we spoke about how the gender pay gap and time away from the workforce contribute toward women in Aotearoa retiring with significantly less in their KiwiSaver than men. But we also learned some great, practical tips to help ensure this isn’t the case.
One of the reasons so many women have been put at a disadvantage when it comes to money is because we have traditionally been kept out of money kōrero and decision making. As conversations around previously taboo subjects are being normalised (sex, periods, menopause) all our guests this week express a desire for women to be more confident about having open kōrero around the subject of money to normalise it and break down barriers.
Angela Meyer points out that the surplus of women in Aotearoa would fill a city the size of Tauranga, and we’re not a niche, or we're not a special interest group. "We’re the majority and therefore we should have a lot more access to a lot more tools to help us grow our investing future and to grow our financial wellbeing."
Money (who has it, how much there is and how to expend it) can be a touchy topic for many relationships, romantic or otherwise. Our guests give some great advice on how to openly discuss the topic with partners, family and friends to alleviate stress. Money can also of course cause extreme stress and anxiety when a relationship ends. Sarah Whitelock points out that being financially confident before such stressful situations arise can help ease an awful time.
And Angela Meyer stresses the importance of an emergency fund. "If the last two years have taught us anything, it’s that so many different things can go wrong… This emergency fund can give you real financial freedom."
Click here for the full episode with everything you need to know if you’re getting into a relationship, getting out of a relationship, or anywhere in between.
Please note: If you or someone you know is experiencing financial harm or financial abuse, you can contact Women’s Refuge or report it to the police. You can also go and talk to a financial adviser in private and get information about what you should be doing.
It’s increasingly evident how important and necessary it is for women to take control of their finances and ensure they’re working for them. Join us next week to start learning how to do this. - Investing 101 with Simran Kaur from Girls that Invest.
Click here to listen to last week's episode, How KiwiSaver can be your saviour featuring Tracey Cross and Philippa Newlove from Women in Super, and Glenys Wilson from Mercer.
Click here to listen to episode one: Finance 101: The Great Stocktake, featuring Anjali Burnett from Twenty-seven Names and Retirement Commissioner Jane Wrightson and the most practical, easy to implement advice to take today. Listen, subscribe, rate. Where podcasts are available.
Power Money Security is brought to you by The Table, where Kiwi women talk money, sponsored by Mercer (N.Z.) Limited. See seatatthetable.co.nz for more information and tools to educate and empower women to get ahead in financial matters.
