According to the Australian Government’s financial literacy foundation, women are both more likely to create day-to-day budgets, and, more likely to save their money, than their male counterparts. Women also manage their credit and debt more carefully, with 84% of women making repayments larger than their minimum repayments, whilst still building rainy day funds.
However, when it comes to investing, managing and protecting that wealth, women are falling short. Almost 1 in 5 women are uncomfortable with their levels of debt and one third of Australian women feel that they don’t have enough money for retirement. Australian women are looking to improve their financial literacy, and while only 1 in 3 women will look at both return and risk on their investments, 68% of women are interested in learning more.
But financial literacy isn’t just an issue for women, this impacts families and communities and indeed has an impact on all of us no matter what our role. The notion of “financial wellbeing” is increasingly becoming a subject of regular discussion amongst employers who all too often see the effects of low financial literacy on productivity and profits.
What can they do to support and encourage their employees to become more financially confident?
Why does it matter?
Kathryn Dixon, Relationship Manager, IOOF Employee Solutions will unpack the concept of financial wellbeing and the importance of this for us both as individuals and as executives, professionals & business owners illustrating this with some real-life examples.
Webinar Times:
9.30am – 10.45am – WA
11.00am – 12.15pm – NT
12:00 pm – 1:15pm – SA
12:30 pm -1.45pm – NSW/VIC
11:30 am – 12:45pm – QLD
About Kathryn Dixon
With a career spanning 20 years in the financial services sector in customer centric roles, Kathryn Dixon can confidently facilitate all stages of relationship development, growth and maintenance. Kathryn believes creating and building meaningful relationships is the key to business success no matter the industry.
A naturally optimistic person who oozes energy and optimism, Kathryn is equally comfortable with the structure of compliance and fluidity of change. Her focus is always to identify, build and maintain strong and trusted stakeholder relationships that result in positive outcomes for everyone involved. Kathryn is focused on business growth and the consistent delivery of value to her team, clients customers and industry associates and have secured numerous new business opportunities with her collaborative style. At the moment, Kathryn’s focus is on partnering with external organisations to make available our range of services which make a real difference to the financial well being and outcomes for business owners, C Suite executives, staff and most importantly, a difference in the lives of families.
About Business Women Australia
BWA brings together business women from all sectors, industries and states;
- Business owners and entrepreneurs
- Executives, directors and managers
- Professionals
- Women on boards
- Leaders and emerging leaders
Business Women Australia is focused on key areas;
- Leadership
- Business Improvement
- Personal & Professional Growth
- Connections & Friendship
Business Women Australia holds a wide range of events across the nation. Check out our calendar and stay up to date HERE.