When it comes to finances, I always encourage people to put their financial future into their own hands.  Importance of being financially safe was never higher as we live in a rapidly changing world. And unfortunately, in my point of view, many women’s attitude toward finance remains stuck in the past. Women must learn to budget, prioritise, save for retirement, their children education or hard days - if they will occur.

According to a survey carried by Wealthsimple, women overall invest 40% less money than men. As well study by Merrill Lynch and Age Wave states that 63% of women ages 18 to 29 say that financial planning is too difficult, not to mention that more than a half of women doubt in their ability to invest.

The start should be easy from simple steps to understanding the financial environment. As Marguerita Cheng, co-founder and CEO of Blue Ocean Global Wealth says: “Getting a better understanding about money takes work, but it doesn't have to be overwhelming. Equipped with the right attitude and education, women can feel empowered and confident about their financial future.”

Here are some things you can do to be more confident in finances:

Make a budget and prioritise your money.

By making a budget, you become in control of your money. It is an essential part of our life to know where the money goes. Simply by listing the monthly expenses, such as food, clothes, children's expenses, home needs, and other expenditures, will help to identify overspending. By identifying wasted money, you will manage to reduce the expenses for irrelevant things. For example, if you are paying for a monthly subscription for a magazine that you do not read, cancel it. If you do not watch Netflix anymore, there is no need to pay the extra €9.99 each month for it.

After prioritising your expenses, you will have more money which used properly will benefit you more. It could be spent on leisure with your loved ones, upgrading essential things in your household as well as investing to increase your assets.

Invest to assure a better future.

Investing as mentioned before is a field that is usually avoided by women. But it shouldn’t be, I think that by properly investing your assets you will be prepared for all kind of ups and downs. To our surprise, Scandinavian Journal of Public Health states that: “Our findings indicate that men, as a group, may have lower educational attainment and occupational prestige than women, and still earn more pension points throughout their career.” By starting investing now, you would easily avoid that as your investment would bring you enough passive income for a more comfortable life.

Extend your financial knowledge.

As we live in the golden age of the Internet, there is an enormous amount of high-quality information about different fields of the finance world. You can easily access information or read books about how to find success in your finances. There is no shame to seek out to a financial adviser for tips on saving for retirement or other questions you may have. Benjamin Franklin once said that “An investment in knowledge always pays the best interest.” By educating yourself in the personal finance field, you are laying a foundation for a prosperous future.

At 2015 I vowed to create a platform, which makes investing accessible to everyone who wants to set themselves up for greater financial future. After all the years I can see that FAST INVEST offers an easy and safe way to invest and grow your assets. I encourage everyone to be brave and take the financial future in their own hands as I did with mine.