And how? Well, let me explain!

Women are considered to be a vital part of our society. They play many amazing roles in their lives by such grace that people would be groomed as a well-defined personality by their presence. What about the grooming of women?. It’s a popular saying if you educate a man, you educate only him but if you educate a woman, you educate the whole family. Yes, it’s true.

A woman is the full circle. Within her is the power to create, nurture and transform.
- Diane Mariechild

In their daily routine, they often reflect the efforts that make their personalities more appealing. So for a strong and healthy society, our women need to be healthy and strong not only physically, but mentally and emotionally.

If you are financially savvy, you may already know the steps you should take to work toward financial independence. (I mean of course you are that educated to know how much saving would cost you ) Maybe you’re already there. But if you are just taking control of your money, financial independence might seem entirely out of reach. If you have kids, focusing on solving your money problems may be complicated by your concern about their financial future too. After all, it’s both you and your spouse's responsibility to cater to your child's needs.

Financial independence means two different things at two different points in life. And they are both significant milestones. You and your husband may even be working toward them at the same time or maybe not. Like for me, a short term financial goal would be buying that Gucci Bag I am eyeing since months, but for him maybe investing somewhere (which I have no idea about)

So Here are explanations of both kinds of financial independence and actions to consider to make the path to that attainable Gucci bag, no matter where you are starting from.

Becoming Financially Independent from Your Partner

Today’s women no longer require any monetary support from their spouses and are financially independent. This doesn’t mean that a partner can’t provide some kind of financial aid if they choose, it means they can meet their financial obligations without their help.

With money concerns including five-figure loans, rising rents, and considerable consumer debt, many young couples face an uphill battle when trying to leave their parents ‘financial’ nest.

For the benefit of everyone involved, both the partners have a responsibility towards each other to focus on changes and develop a plan to make financial independence a priority.

Why Financial Independence Is Important?

You never know what will happen next

Life is full of surprises. You just never know what tomorrow will bring. We’ve seen families so sound today, gone tomorrow. Civilizations rise and decline, let alone our small little human existence. Change is truly the only thing constant in the you just got to be prepared for that.

When roughly 50% of marriages dissolve in this country, you don’t want to count on your spouse to provide for all your expenses. Even if the loving relationship lasts forever, the sole bread-winner might lose the job, become disabled, or simply decide to stop working altogether. Then what do you do?

You don’t want to be at the mercy of someone else’s decisions. You want to be in control of your financial well-being, regardless of what anyone else around you is doing.

To have more decisions making abilities at home (and trust me you want that)

Traditionally, women play the role of caregiver in the family while men work and bring in paychecks. But this traditional role women played typically didn’t afford them much “say” in important life decisions compared to the primary income earner of the family.

Over the past few years, as women take on more and more important positions at workplaces, they also play much more important roles in the decision-making process on the home-front.

To have a more enjoyable lifestyle

Who doesn’t want the financial freedom to buy whatever you want and go wherever you desire. Without the extra source of income and with a relatively tight budget, it’s just more difficult to live life to the fullest.

So Why not put in some work now so that you can have that vacation in the Bahamas you’ve always dreamed of, with or without a husband. Trust me, without it is always fun.

To have peace of mind

With the help of personal experience, I can say, fights over finances are oftentimes one of the leading causes of marital breakdowns. Regardless of your relationship status, having more money in the bank and being financially independent does provide more peace of mind in times of distress.

After all, you shouldn’t worry about not having a roof over your head if, for whatever reason, you’re on your own all of a sudden.

What can young women do?

They can learn how to track expenses and make (and stick to) a budget. Making choices like sharing chores with friends and buying used items or taking public transportation can also help 20-somethings newbie women to tackle debt.

It’s also important to note that if your partner always steps in with a solution, the wives may not learn the importance of meeting their needs while putting off wants for the future. And this will only lengthen the time needed to reach financial independence, and trust me that’s bad for them.

Partners should Provide advice, emotional support, and help them to solve money troubles rather than instructing them on what to do.

Becoming Financially Independent

What I believe is there is another definition of what financial independence means to a woman and that’s sometimes debated. But there is little argument that it should be a future goal of everyone. In general, reaching financial independence means you have enough income to pay for your living expenses for the rest of your life without having to work.

There are many ways to achieve financial independence, each with its benefits and drawbacks. The strategies you choose to use and the timeline you decide to follow is what makes the path to financial independence personal.

Just don’t forget that it isn’t a race, you should also consider what will make you happy along the way to reaching your financial goals!

Because it’s different for everyone. So plan wisely.

How to Find Your Way?

Consider these ideas that will help lead you down the path to financial independence.

  1. Think about your future and discuss it with your partner, family, or friends. What do you want in life? What are your hopes and dreams? What are your necessary expenses in the future? Then, set goals. Make a conservative estimate of how much the future you desire(the luxury bag will cost each year. And don’t forget to include the cost of years of long-term care or some plan for assistance as you age. You want a plan to support a very long life!
  2. Use a tool like Mint or Personal Capital to track your expenses and see if there is anything you can do to reduce them. If you’ve never tracked your spending before, you might be surprised to know where you can save money each month.
  3. Set up a monthly budget and understand that this will be a work in progress — especially early on. Then stick to your budget as tightly as you can.
  4. Put money into an emergency fund (ideally 3 to 6 months of living expenses) (heard of mutual funds) to avoid going into debt for unexpected problems. Consider keeping your emergency fund in a high-interest savings account too.yup they can save your ass in difficult times.
  5. Determine how much money you can put into investments (savings accounts, mutual funds or any type of investment meeting your needs and risk tolerance levels.)
  6. Monitor the growth of your net worth, like how much gold and cash you have and continue to build streams of passive income that will help you generate enough income to pay for your living expenses for the rest of your life without having to work.
  7. And don’t make the mistake of forgetting about inflation in your calculations.

Different Ways To Achieve Financial Independence

Get the necessary education and training

You don’t have to take on a lot of money to get a degree under your belt. In most cases, public universities are just as good as those expensive colleges and guess what they are giving distance education for a small amount of money.

What matters more might be the major you choose. We all have hobbies and personal interests, but that doesn’t mean you should not make a career out of them. you can. You should. Lots of people would love to have your craft in exchange for money. Have small classes at home, or online whatever suits you. There is always someone who wants to learn from you.

Be pragmatic and choose a course that will open the door to ample gainful employment opportunities. Like Udemy is doing a fabulous job by providing online classes for accountancy, computer science, and engineering among the top majors that will make your job search a lot easier than others.

Have a kickass resume

A resume summarizes your educational and professional background including essential skills required for potential employment opportunities. You should know essential keywords relevant to your past experiences within your resume to make it more searchable on job search engines. You can have your spouse help if necessary in this step, I am sure he will be more than happy to help and he should!

Do one thing, if this is not your cup of tea, ask him to make one for you.

However, one should never lie about anything in the resume because that’s easy to get caught during job interviews and pre-employment background checks.

Apply through various job search engines

Once you’ve sharpened your resume, hop on the most popular job sites and search for your dream job there. If you have a strong profile and if your experiences contain certain keywords that recruiters are looking for, you’ll be approached for suitable opportunities regularly.

You might be surprised how effective it is to apply directly on a company’s “Careers” page for open positions. If your application stands out from the crowd, HR will reach out to you within a few days for the next steps. I’ve experienced that multiple times myself and landed the job offers this way.

Ok, but what if you want to work for yourself

Chances are you want to run your own business and be your boss. After all, we all want to work for what we’re passionate about.


Sky’s the limit for you as long as you’re willing to put in the hard work and persist until you succeed, no matter how many times you fail along the way.

Here are just some sample ideas to start things off

  • Graphic design
  • Bookkeeping service
  • Programming and coding
  • “Voice-over” for social media channels and ads
  • On-demand singer and songwriter services
  • Virtual assistant
  • Data entry
  • Financial consulting
  • Legal consulting
  • Arts and crafts creation
  • Online tutoring
  • Translation service

If you’re good with crafts and creative ideas, try selling your creations on Etsy

If you love kids and have sufficient space, try obtaining proper licenses and open a daycare center at your house

If you love animals, try opening a “pet-care” center to provide walking, cleaning and grooming services for pets

If you’re into e-commerce, try selling physical products on Amazon, ebay, and Shopify drop-shipping.

If you’re confident with your writing and digital marketing skills, try starting a blog and monetize it using affiliate marketing and advertising revenue.

Open a bakery and coffee shop if you’re good at making pastries and desserts.

Build a professional services firm such as accounting/bookkeeping, tax preparation, and consultation, legal services, interior design, coaching, etc.

I am dead sure that You’ll get quite busy by starting with any one of the ideas above. So start taking actions today!

Lastly, just remember No matter which type of financial independence you are seeking, you will be less dependent on someone else in the long run!

It’s a fucking great feeling to be “on your own” when you no longer need money from your partner. And when you have sufficient income to meet all of your needs and the lifestyle you want (like a Gucci bag you have an eye on) without having to beg your asshole husband, you’re no longer dependent on your spouse.

Trust me it’s the best feeling in the whole world.

It’s a wonderful feeling where you can take more control of your money, your time, and your life!

Women are seen as more compassionate, thoughtful and open-minded. These qualities can be used to their advantage by making financial decisions that don't allow them to lose sight of the things they most value. For most women, investing isn't just about making money. And if they are passionate about something they can turn that into a money-making machine, literally.

Also, the first and foremost tip-off of any individual is to love themselves. You will fail or be slow but don’t lose hope this would bring a shine in your personality and make you more self-confident.

Keep hustling baby !!

Well, if you need any help related to your career, just post it in our forums. We are sure you will find the right help.

For Entrepreneurs by Entrepreneurs

Well if you like this article, consider subscribing to HappyChases for premium membership.

Chase it Happily