How single women can become financially independent

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Key Points

This International Womens Day, let us celebrate your strength and resilience in defying conventional roles and embracing your independence..

Here are a few financial tips to empower single women in building a prosperous future for themselves and their loved ones...

Income disparities persist, with women earning less on average than men due to gender-based pay gaps, necessitating strategic financial planning to maximise income potential..

Women must prioritise key financial decisions in the present to secure their financial future. Firstly, creating a budget is essential as tracking expenses and establishing a monthly budget based on your income, fixed expenses, and discretionary spending helps identify areas for saving and investment..

By taking these proactive steps, single women can lay a solid foundation for financial stability in the present and enable resilience in the face of future challenges..