r/wealthforwomen

I am researching how women experience the very first step into investing, opening the account and placing the first order, and I would love real stories rather than survey answers. If you delayed: what was the moment you gave up or postponed? Too many options or not the right ioptions (like transparent sustainability metrics) fear of picking wrong, jargon, an advisors who gave you more expensive options, no time, no overview, overwhelm?

If you got through it: what finally made it click, and did you pay for anything along the way (course, coach, app, book) that was actually worth it?

I am a founder building something in this space in Europe, this is honest research, I am not linking or selling anything. Every story helps, including "just buy an index fund and stop overthinking".

Im a single/ widowed mom in early 30s thats ambitious but has very young children. No debt, works in healthcare. But getting a lump sum of money. Already has paid off home and would like to work less and be home with kids more.

What would be some ideas on what to do with the money. Buy rental property, start a business, buy a rental/ place to air bnb outside of the province/ country. Other types of investments? Ive never bought a home as I inherited this one. So first time home buyer would apply if thats relevant.

I'd love to hear some creative perspectives. Im in Canada and a Canadian citizen.

Investing for the children is unnecessary. As they already have that going on.

Thank you!

My father has been lying to my mother about how much money he has so that he doesn't have to pay her what he owes her (he said he would pay her an amount of money on several occasions and never paid it) and keeps lying about where the money is going towards and ignores her when she asks for the money. It has been many years. She is in debt because of him. They are still married but live in separate countries. Me and my brother live with my father and my mother is living in her home country where we used to live before the 3 of us moved away. She does not have the money to come visit us and we only see her every 3 years and I wish I could see her more, so I want to help solve her debt so she can come visit us more often or maybe even live with us. My father keeps delaying the divorce and I don't trust him with what he asks her to sign because he's very selfish and might try to screw her over. I know that he does not want to give her half of the money he makes and will probably try to find a way to work around it if possible. I don't know how a lot of this stuff works yet, I'm doing my research but I figured might as well ask for help on here if anyone knows if this is something my mother can sue for or how she can divorce him and get the money that she was supposed to receive to relieve her debt? Feel free to ask questions if more detail is needed.

Hi r/wealthforwomen. I work in wealth management, and the thing I hear constantly is that parents are reluctant to pass down money to their kids because they don't trust their financial literacy.

So, genuine question for those with kids: how do you prepare them to handle money? Allowance tied to chores? Cash, a spreadsheet, an app? And even if you don't have kids — what do you wish you'd learned about money as a kid or teen?

I’m a survivor of financial abuse. My entire young adult life I relied on a man who would call me a leech but would make working difficult by made up reasons.
I got out as little over a year ago and after the longest most progressive year of my life I ended up with a childhood friend.
He is good to me and kind and deals with all my issues like it’s nothing. However my health is a problem now. I work and have my own bank account and I run my life in my own but we are splitting bills 50/50 and my account is suffering. I usually only have $20 at the end of each week for just in case. No savings as we both used our savings to move out of family homes together with a roommate.
He makes good money at his job. $30/hr with overtime through the summer. I make $17.5/hr and I’m lucky if I can physically handle a 20 hour work week. We both have some physically demanding jobs and I’m set on my career but I need to thug out the starting rung on the ladder as we moved 17 hours and I didn’t get the full training in my career. I eventually will make more but I’m at the bottom of the ladder right now.
He brought up the idea a few times now of taking on more of the share of bills. While I know so many women would love that I am terrified at the idea of this man I love so much seeing me as a leech because I physically can not make ends meet until I get my health in check, if ever. I’m paralyzed at the idea my health issues could become worse and put me out of work. I love my job so much. It fulfills me and gives me so much satisfaction.
I worry also about putting any financial strain on him knowing he has student loans and credit owed. I know realistically based on income it should be like a 25/75 split but I am struggling so hard to justify that and have a loud voice telling me that I need to get over the health shit and just pull my weight.

TLDR: I was a victim of financial abuse and my healthy relationship wants the split to not be 50/50 but I am struggling with my pride and trauma. Any advice or thoughts?