To ensure the success of women and girls is to ensure that they attain literacy and self-confidence in financial matters big and small. And it’s happening! The International Day Of The Girl was celebrated in early October; Canadians are celebrating Financial Literacy this November.
Each of these events is an opportunity for women and girls to learn how to confidently thrive in today’s world. The increased support and confidence around financial literacy means women are better equipped to take on new challenges, and that includes becoming successful and financially independent women business owners.
This is definitely reason for applause, but there’s still much work to be done. In a political environment of unrest, many business women are questioning if the accepted norm will be continued misogynistic ‘locker talk’ that directly affects their balance sheets. They’d hoped that this would be an issue of the past. The Wider Opportunities for Women Study reported that over 41% of the female population struggles financially. They are either poor, at the brink of being poor, or living from pay check to pay check.
Yet despite the difficulties, progress is being made.
During the past couple of decades, more and more women have attained financial independence by embracing roles as entrepreneurs, moving out of traditional workplaces they find stultifying to create their own dynamic workplaces.
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