We’re not ashamed to admit that our office isn’t very gender balanced. In fact, it’s 100% women. This is a bit of a different setup for the male-dominated financial services industry, but it wasn’t a conscious choice, it just happened to work out that way. We only hire the best people for the job. We want to use our unique position this International Women’s Day to celebrate women’s achievements and do our part in bridging the gap (and we eat chocolate while we do it!).
Women supporting Women
‘The climate for women is on the rise and inequality is in decline. I’d ask every woman in the midst of all the brilliant things you do for others, to also spend time on yourself to grow in your knowledge and confidence. A focus on financial wellbeing can add to your overall strength, increase your freedom and increase your security.’ (Theresa P Mills, CEO)
Women face a unique set of challenges through their lives, which can affect their financial outcomes over the long-term with potentially significant impacts. Leaders from all enterprises have an opportunity to create greater access to financial education through which literacy, capability and confidence can be built. This increases the ability to make confident and informed financial decisions and the probability of improved financial outcomes. And that can only be a good thing.
By increasing access to financial education, the gender gap may just shrink a little quicker. To help us push things along, Money101 has welcomed our new CEO, Theresa Mills, into our close-knit team. Theresa is joining forces with our Founding director and former CEO, Catherine Birchall, to bring financial education to more Australians than ever.
When women support each other, incredible things happen
We’ve spent the past 12 months squirrelling away to bring even more content to the world with Women in mind. Our much-improved “Women and money” stream contains several topics tailored specifically for Women, such as super, returning to work and losing a spouse. But we didn’t think that even this was enough. So, we added a few more things. Our new “Family matters” stream covers topics such as spousal super contributions, family finances and family violence. And “Life happens” covers all of those general life stages that Women and men face, like babies, weddings and funerals.
Getting the balance right
‘At a recent financial services event I attended there were 50% women and 50% men. It is exciting to see that the female numbers are up! International Women’s day is about thinking equal, building smart and innovating for change. I know we are achieving good things at Money101 with our focus on “Family matters” and “Women and money”.‘ (Catherine Birchall, Founding Director)
All of our new offerings are built to work together with other topics and streams. This creates a greater range of financial education, building capability and wellbeing that doesn’t just benefit Women, but a much wider audience.
To add to this, we’ve launched the Money 101 financial wellbeing hub which showcases our 15 years’ experience. Already it’s being very well received by large employer groups who understand the significance of delivering financial wellbeing in the workplace. We’re doing our part in bridging the gap by providing quality financial education to build capability for every Australian. Employers are invited to purchase an annual subscription for their employees, to get the ball rolling in their workplace and start getting their own balances right.