Women control a third of the world’s wealth, adding $5 trillion to the wealth pool globally every year—a pool that is expected to reach $93 trillion globally by 2023. The fastest growing hub of wealth creation for women is in Asia, with a current growth rate of 10.4% per annum.
So, how can women make the most of their own growing wealth? At Sophia, we reached out to our network of female financial experts to find out what their key money habits are and how they use them for their own financial management.
Read on to discover six habits to inspire you to grow your wealth.
1. Pay yourself first
It’s easy to think you can wait to save until you make more money and have clearer financial goals. However, starting to allocate money to savings early is critical to success. It gets you started planning for your own future regardless of how much you make.
– Jessica Cutrera, Leo Wealth