04/11/2024
Do you know what your superannuation balance is? đ°
Firstly though, I know youâre probably thinking how is this at all relevant to health?! Well, stress is a massive contributor to poor physical and mental health, so letâs minimise financial stress!
Anyhoo, I remember getting signed up for super at my first jobâflipping burgers at Hungry Jackâs, thinking, âThisâll be relevant⊠never.â Yet here I am, mid-30s, attempting to adult for future Granny Emma. đ”đ»
Sparked initially by the possibilities that the Barefoot Investor described (free audiobook, because who has time/money), I was curious about how finances impacted our overall health. I had to grapple with my core beliefs that financial success was reserved for the coupled. It was dishearteningđ
After chipping away listening to other books and podcasts - especially targeting women, I figured out that financial freedom doesnât require a partner (cue dramatic sigh of relief). Super seriously though, weâve got to talk about this. Apparently, $595k is what a single person needs to retire comfortablyâyes, thatâs a real number, not a typo.
And WTF is up with the gender gap?! When weâre silent, weâre disconnected and when weâre disconnected, we canât help each other!
Isnât it odd how talking finance is a social taboo, while it steadily compounds in the background, waiting to bite us later? And WTF is up with the gender gap?! Like Itâs high time we stopped pretending our financial futures will just âwork themselves out.â Whoâs with me?đââïž