A: Women today understand that there should be a link between their careers and their financial well-being, but it’s still a work in progress. Which isn’t that surprising because even now, in the 21st century, women still aren’t expected to even want to reach for the top.
Women, therefore, have to be incredibly intentional about their career success.
There are many ways that both careers and finances seem like labyrinths that need to be navigated. Since we’re still fairly new to this, mapping out the right career moves is absolutely essential. The other complexity is, that when we finally reach the position we’ve worked towards, the salary we’re offered may not reflect the true value of that position.
We need to be intentional not only about the positions we want, but also about what we’re worth.
What I have found is that many women in senior positions are more than willing to be mentors and coaches to those trying to reach for the top. They’ve been there, done that and can provide you with invaluable guidance. If you know what you want to achieve, you can most assuredly rely on their support to help you achieve it.
Here’s something else to consider regarding our own financial wellness. Working our way to the top takes time and if it involves getting another degree, it also takes more money. That kind of investment tempts us to put off saving for the future. Though it may seem tough to do, the right time to take steps toward a stable financial future is immediately.
Don’t wait until you’ve achieved career success before you get serious about saving for the future.
The longer you wait to start saving, the harder it gets to achieve financial wellness. On the opposite side of the spectrum, the sooner you start a retirement fund, the easier it gets — because those early contributions, as small as they may be, have the potential to grow.
So when it comes to getting to a good place in your career while achieving financial wellness, intentionality is very much the answer to both.