Empowerment Keys May Edition

Hello everyone!

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Motivation

Financial Independence Milestones

Maybe you don’t even know what financial milestones are, or maybe you heard about it but never did a research to know a little bit more. In both cases, this newsletter is just what you need to read and I’m sure you’ll find enough information to get started.

First of all, let me tell you what this is all about!

Financial milestones are specific goals that you set for yourself or your business to achieve in terms of finances. They are important markers of progress that help you measure your financial success.

You have 3 types of Financial Milestones:

• Short -term: can be achieved within one to two years and they are crucial because they lay the foundation for financial stability and provide motivation for continued progress.
• Medium-term: typically take two to five years to achieve and require more planning and perseverance but are essential for long-term financial stability.
• Long-term: can take five years or more to achieve and require consistent effort and a long-term vision but ultimately lead to financial security and freedom.

Important: regularly assess your progress and adjust your goals as needed to ensure you stay on track towards achieving your ultimate financial goals.

At Women Flix, we’ve been helping women around the world on their journey to achieve financial independence.

Tips

How to set achievable financial goals

Many things can influence the way you set your financial goals, including your motivations, values and dreams for the future. And the way your parents handled money and even your own spending and savings habits (which are unique to you) also has a major impact on how you handle money.

Goal planning takes intention and some self-awareness, so carve out time to think about your goals. Find a few minutes to sit down and get ready to dream—big!

Once you have a list of goals for your money, you’re ready to break them down into smaller, actionable steps like this ones below.

• Make your goal specific

One reason why people don’t hit their money goals is because they’re too vague. You might say, “I want to be better with money.” But what does that actually mean to you? Narrow it down, every detail about it.

• Make it measurable

Imagine your goal is to pay off debt. Now it’s time to pick an exact amount—what you can measure to know if you hit your goal or not.

• Give yourself a Deadline

It’s easier to put off your goals when they aren’t time-sensitive. What we mean is that You need to give yourself a deadline and make it reasonable—but also a little challenging.

As mentioned before, at Women Flix, we are committed to helping and guiding you to achieve your financial freedom. Talk to us!

Breaking News

How much do women contribute to the UK economy?

Do you still have some doubts about writing down your financial goals? Because you think that as a woman it is hard to be financially independent? YOU really need to read this.

In the UK, 15.66 million women aged 16 and over were in employment in October to December 2022, according to the ONS UK labour market bulletin. This means that 108,000 more women were employed than in the year before. The female employment rate was 72.3%, down from a record high of 72.7% in December 2019 to February 2020. The male employment rate was 79.0%.

There were 9.74 million women working full time, while 5.92 million were working part time. Most part-time employment was by women (38%), compared with 14% of men.

Explore more about this research, by clicking below: Research on women contribution to the UK economy

So be confident and believe in your financial dreams!

Blog

Investing in Yourself: How Our Courses and Coaching Services Help Women Reach Their Goals

We, as women, may sometimes harbor doubts about investing in our own education and personal growth. It's common to question whether we deserve to allocate resources towards our self-improvement journey, including financial education.

That's why we invite you to explore our article , where you'll find insightful content that can broaden your perspective on self-investment.

Happy reading, and may it inspire you to embrace the value of investing in yourself!

Special dates

May has several special dates dedicated to women and their contributions to society:

• 1st May: International Workers' Day -? also known as May Day, is a holiday that celebrates the achievements and struggles of workers around the world. In the UK, the day is often marked by rallies and marches in support of workers' rights and social justice issues, which are often closely tied to women's empowerment.
• 10th to 16th May: Mental Health Awareness Week - An annual event that aims to raise awareness about mental health issues and reduce the stigma surrounding mental illness. Women are often disproportionately affected by mental health issues, so this is an important opportunity to promote women's mental health and wellbeing.
• 28th May: International Day of Action for Women's Health - A global campaign that aims to promote women's access to comprehensive sexual and reproductive health care. This includes issues such as access to contraception, safe abortion services, and comprehensive sex education. In the UK, this is an important opportunity to raise awareness about the barriers that women face in accessing these services and advocate for greater access and support.

Thank you for reading! We'll be back next month.

Women Flix Ltd

Empowers financial freedom for women worldwide?

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