Page 6 - Q1 2021
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BUSINESS
Sister! For most, it isn’t a mean feat. Many societies have
kind of made it okay for women to depend on men
itself, but it will be important to ensure that you have
Are you Financially for their needs, and this is not totally a bad thing in
a solid footing of your own in case of emergencies.
Financial independence will allow you make your
Independent? own decisions, free from the influence or control of
others.
What if you are in a comfortable marriage or
By Udeme Ekwere relationship and the man who you depend on
loses his source of income unexpectedly. The ideal
situation would be that you are able to step in and
assist until your man can find his way back.
It is important to note at this point that financial
Hello ladies! No matter how comfortable you feel independence means different things to different
now, whether you are single, married, or living people or ladies in this case, depending on various
with a partner, always plan your own financial stages of life. Whatever the case may be, here
future as if you were already on your own. Whilst is a general guide for women to be financially
everyone loves a good ‘he gives me everything I independent, irrespective of where they find
need’ story, it is becoming clearer by the day that themselves at present.
such realities are getting dimmer for many of us.
Life can’t be that rosy all the time surely. Set financial goals. Yes, write them down. Plans
are always more reasonable and much clearer
Furthermore, we as women just can’t continue to when they are written down. A financial goal is any
depend on men forever. This article serves as a plan you have for your money. Your goals should
much-needed reminder that you need to secure give you focus and keep you accountable. So, go
your financial independence regardless of your ahead, draw up that financial plan. Make them
present financial status.
specific and measurable. Your financial goal could
include items such as: building an emergency
Firstly, who is a financially independent woman? fund (very important); paying off a debt, saving up
She is basically one that can completely support for a business, a house, a vacation, or even your
herself and her children/dependents without the retirement. Whatever the case, the important thing
help of others including family, friends, partners is to remember that having a goal will change how
or recourse to debt. She is one that relies on her you look at your money. You’ll start to see how every
own steady income and takes control of her own decision you make matters to your greater financial
finances. This woman understands what her health.
financial goals are and goes ahead to implement
a feasible plan to achieve those goals.
Understand your cash flow. You must know
6 | The Lion King | Jan - Mar 2021
