The penny drops podcast: Managing your finances as a woman
In this episode of 'The penny drops', our host Andrea Fox speaks to Bola Sokunbi, founder of Clever Girl Finance, about female finances and the life events that can impact women and their money.
What will we be talking about?
From family and relationships to jobs, salaries and career breaks, there are many things that are likely to impact women and their financial planning throughout their lives. In celebration of International Women’s Day on 8 March, on this month’s episode we cover:
- How do women approach their finances differently to men?
- What are some the biggest issues or differences?
- What’s the gender pay gap?
- What’s the pension gap and why is it such a problem?
- Are things are getting better when it comes to women’s finances?
- What can women do themselves to improve their own situations if they need to?
- What are the biggest things or life events that could affect a woman’s finances during her lifetime?
- How important is it to talk about money with a partner?
- What can men do to support the women in their life when it comes to their money or any financial issues they might face?
- Is there a way we can encourage more girls or children to learn about money from a younger age?
Who is our guest?
Bola Sokunbi is a certified financial education instructor, money expert and the CEO and founder of Clever Girl Finance – an educational platform aimed at providing women with financial guidance through content, courses, mentorship and a supportive online community. Also a best-selling author, her goal is to help women become accountable for their finances, reduce debt, save money and build wealth.
All views and opinions expressed in the podcast are those of the expert and not of Royal London.
Where can you listen?
You can download and listen to episodes using the iTunes Podcasts, Google Podcasts, Spotify or Castbox apps – just search for ‘The penny drops’. Make sure to subscribe so you don’t miss any new episodes, and please do leave us a review. We’d love to know what you think of the series.
If you don’t have access to an app, you can listen to the podcast online. We’ll send you reminders about any new episodes in your quarterly member emails.
How can you find more information?
Royal London recommends you seek professional independent financial advice before making financial decisions. You can learn more about the value of financial advice on our website, or visit Unbiased to find a trusted professional in your area.
You can also find lots of helpful information about the topics discussed in this episode on the following sites:
- Insuring Women’s Futures, Financial Wellbeing Guide: www.insuringwomensfutures.co.uk
- Good Money Week: www.goodmoneyweek.com/women
- Financially Fabulous Newsletter: www.financiallyfabulous.co.uk
- Royal London Guides: www.royallondon.com/media/good-with-your-money-guides/family-financial-planning
Managing money with a partner
- Money Advice Service: www.moneyadviceservice.org.uk/en/articles/should-we-manage-money-jointly-or-separately
Saving and budgeting
- Citizens Advice: www.citizensadvice.org.uk/debt-and-money/budgeting/budgeting/work-out-your-budget
- Money Advice Service: www.moneyadviceservice.org.uk/en/categories/how-to-save-money
- Money Advice Service: www.moneyadviceservice.org.uk/en/articles/investing-beginners-guide
- StepChange: www.stepchange.org
- Royal London: www.royallondon.com/about-us/members/understanding-your-finances/news-and-insights/where-to-get-information-about-your-finances
Please note that all topics discussed in this episode can vary depending on your personal circumstances, and savings and investments can go up and down. Any figures quoted were accurate at the time of recording (January 2020).