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Dirty little secret – women and money #febusave

January 7th, 2010 · 4 Comments · ideas

Women share amazing amounts of information with each other – about relationships, family, sex, fashion, friends – often in quite intimate detail.

But one of our remaining taboo areas is money. I can hardly recall any conversations with girlfriends about money and its management.

Recently I was horrified to discover that:

51% of women would last less than three months on their current savings if they lost their job and still had to pay their usual bills

Source: Be Money Confident

The ANZ Bank has launched a new campaign called Febusave via their Be Money Confident site to help women to build a saving habit.

They’ve asked several female bloggers to support the Febusave campaign. And we were all happy to support a good cause like this.

The truth is that money is not what’s important. The important thing is the freedom of choice that money provides. Building up good saving and investing habits gives women choices in life. And it allows us to model good behaviours for the next generation.

I’ve pledged to give up driving to work for Febusave & to bank the savings. What are you going to do?

Why not register now for Febusave?

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4 Comments so far ↓

  • Alison

    It is a big dirty little secret, after seeing a few people I recognise and trust getting behind Febusave I’ve signed up too.

    Thanks for the post!

  • Johanna Baker-Dowdell

    What a great idea!

    I know we pretty much spend everything earnt so your post prompted me to join Febusave and save two per cent of my earnings during February.

    Good luck to fellow Febusavers.

  • @Iconic88

    How interesting is that piece of information you shared:
    “51% of women would last less than three months on their current savings if they lost their job and still had to pay their usual bills”

    All the best with #Febusave and increasing the awareness among women about the importance of savings.

    All the best to you and your fellow female bloggers.
    @Iconic88

  • Kate Carruthers

    Johanna – that is a great idea, I’m doing same with savings from catching public transport rather than driving