26 September 2023

On Your Own Two Feet

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Reviewed by Rama Gaind.

By Helen Baker, Woodslane, $39.95.

On Your Own Two Feet is a sensible personal guide to ensure that women are empowered to realise the pecuniary advantage of standing on their own two feet.

Licensed financial adviser, Baker emphasises that women should not rely on a man as a financial plan.

Among the one per cent of financial planners who holds a master’s degree in the field, Baker says the earlier you start managing your finances, the better.

Understanding money matters is as essential as reading, writing and arithmetic. This updated book begins with some basic home truths about life. It deals with the “foundations everybody (whether wealthy or just starting out) needs in order to start off on the right foot financially…”

In the second edition, Helen uses more than a decade of experience – complete with real-life case studies and sensible tips – to point out how different ages, stages, life events and experiences influence money matters and present challenges for which there is no ‘one size fits all’ solution.

While celebrating individuality, achieving all we want to be inevitably requires some expert support, guidance and advice. Every woman needs to have five fundamentals in place to build solid financial foundations: emergency fund, spending and investment plan, insurances, superannuation and estate planning.

Simply written, this updated volume contains the essentials every women needs to know when it comes to building and retaining her financial future. However, situations vary, things change and economies change too.

Baker is the founder of On Your Own Two Feet, an Australia-wide service dedicated to empowering women gain and retain their monetary freedom.

Name the five financial fundamentals women need to build a solid fiscal base. If your answer is correct, then you could win one copy of On Your Own Two Feet. Entries should be sent to [email protected] by Monday, 13 July 2020. Names of the winners will be announced in Frank Cassidy’s PS-sssst…! column on 14 July 2020.

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