We make it easy for women to be smarter about money
I am Emilie.
I am the founder of Vestpod, a digital platform with a big mission, empower 1 million women financially 👊 💸 💪. We want to make it easy for women to be smart about money. If you’re anything like us, you’ve probably found it infinitely annoying that talking about money is considered a taboo. Driven by this frustration, we decided that we wanted to create a friendly and informative space that provides unbiased and independent information on a range of financial topics (without all that intimidating and tedious language). We feel it’s time to start breaking the taboo, and we’re not afraid to do it.You can register here.
So why women? Why Now?
It’s no secret that women drive the world economy 👯. Believe it or not, over the next decade, the impact of women on the global economy will be “at least as significant as that of China and India”. By 2028, women will control close to 75% of discretionary spending worldwide — there has never been a more important time for us to get serious about understanding money.
Truthfully, we are a little more than concerned. For starters, we aren’t saving enough for retirement👛, nor are we putting enough money to achieve our goals. The median level of wealth held by men (£127,900) in pensions in payment was more than double than that of women (£61,200). The statistics on savings and levels of debt show a similarly bleak trend.
Consider this — women live longer than men 👵. In theory, we should be putting aside more money to help us maintain our lifestyles later in life. And yet, women — on average — are still earning less than men, and there are fewer of us in senior positions. Consequently, women are left feeling lost and unprepared 🙎, facing considerable financial challenges.
At the same time, professional financial advice is expensive, intimidating and not well-adjusted to the challenges that women face. This gap in financial advising 🚧 has been clearly identified in the UK and it only keeps growing. The money related stress that countless of us face directly translates to low productivity at work, absenteeism and a higher employee turnover rate.
It all sounds a bit dismal, but it doesn’t have to be. We hope you’ll join us and countless other women on this journey to financial empowerment.
So what are we waiting for 🚀?