Money Matters: Motherhood
About this event
The host:
- Investec X Rathbones PLC
The Speakers:
- Milly Bagot -By Ruby
- Harriet and Katie- Nugget Savings
- Jade Bentwood- Talo
- Jayne Rogers- Rathbones
- Frankie Smith- FSWM
The event was moderated by Caroline Flagg
Some of the key highlights were:
💫 Embrace Your Journey: Building a business or holding down a senior role while raising a family is possible. Be honest with your kids about the compromises involved.
💫 Start Saving Early: Begin saving for parenthood as soon as possible. Small, regular contributions add up over time (think compounding!). Set up a direct debit to create a habit of saving early.
💫 Understand Your Maternity Policy: Know your company's policies and negotiate better protections using data and benchmarks. We can push for change together.
💫 Maintain Your Identity: Keep a sense of financial independence while navigating parenthood, and lean on those with similar experiences.
💫 Teach Kids About Finances: Educate children early to help them develop good financial habits. Age 7 is when kids begin absorbing money behaviors.
💫 Share Financial Responsibilities: If you have a partner, ensure you contribute equally to savings, maternity leave planning, and long-term goals like pensions. Parenthood should be a 50/50 effort!