Finances Matter


When it comes to matters of money, we often turn to men. Why is that?

Given that we tend to live longer, make less money, and interrupt paid work for unpaid family work, shouldn’t it be even more important for us to understand our finances? And shouldn’t we have a keen interest in growing our wealth? Money is power, as they say.


Women earn less money.

Let’s take Germany as an example. On average, women earn 21% less than men. This is due to the above factors. Women work in less lucrative industries. Also, fewer women are found in management ranks—roles that usually pay better.


Fewer women invest.

In a December 2017 survey, many women told us that that they save regularly, but they don’t invest. Indeed, studies confirm that women lack confidence about investing. This often translates to inaction. Unfortunately, inaction can be very costly.


Saving for Retirement

Result: €91.000

The woman who saves €150 each month in a bank account over the course of a 45-year career ends up with about €91.000.

Actually, due to inflation, it will be worth less than that.

Investing for Retirement

Result: €1.179.000

The man who invests the same €150 each month over the same 45-year period retires as a millionaire. Literally.

This is quite feasible given the stock market’s historical long-term performance.


(Calculated with the compound interest formula, applied monthly, assuming savings at 0.5% interest and stock market at 9.15% annualized return.)


Fortunately, it’s never too late to start taking money matters into your own hands—and joining the Finelles Community is a great way to do so.


Today’s women don’t wait around for miracles. They arrange their miracles themselves.

Katherine Hepburn