What is Money?
“Money is defined as a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively. It is payment for work; wages. It is also the assets, property, and resources owned by someone or something; wealth” (Oxford Dictionary)
It is very common to see women around the world and especially in a masculine society like Africa, who are 100 percent dependent on spouses or partners for their livelihood. This way of life is not sustainable and it should not be encouraged!
In Genesis 2:10-14, it is written that a river in Eden was separated into four rivers (Pishon, Gihon, Chidekel (the Tigris), and Phirat (the Euphrates). And a wise man said, “if the garden of Eden where God and his original creation resided needed 4 river streams to water it, then all humans including women need at least 4 sources of income to live comfortably”.
Many would argue that the man is the bread winner and should provide for his family. Whilst this is true, it should be noted that, when God decided to give Eve to Adam, he said “It is not good for the man to be alone. I will make a helper as his complement”( Genesis 2:14). He wasn’t giving a burden, a child, a dependent or a trouble maker to Adam. God knew that the man needed the woman’s help to navigate through life.
Some Shocking Statistics About Women, and Money.
Ms Kim Kiyosaki wrote a book “Rich Woman” in which she made some shocking revelations when it comes to women and money:
- At least 47% of women over the age of 50 are single.
- 50% of marriages end in divorce.
- In the first year after divorcing, a woman’s standard of living drops an average of 73%.
- Of the elderly living in poverty, 3 out of 4 are women and 80% of them were not poor when their husbands were alive.
- Nearly 7 out of 10 women will live in poverty some time in their lives.
6 Reasons Why Women Should Earn Their Own Cash.
Contrary to decades ago when women were seen as house wives only, the new generation women are very well educated, professionals, and they participate greatly to the evolution of our society, which can be reflected on an increase in financially independent women. Oprah Winfrey alone is worth $3.5 billion.
1. Dilute the Extent of Dependence on a Man.
There’s a misconception that women who make their own money will find it hard to coexist with their partners. Women who ask for money to fuel their car, to go to a beauty salon, to buy their clothes and even their sanitary pads, are setting themselves up to be disrespected some day by their partners.
The woman and the man should be able to meet half way and sort out the economics of the home. The man should not be overwhelmed to the point where he loses his cool, develops stress and eventually die from a heart attack. Women should be able to relief their partner of micro expenses will not only earn them respect and consideration, but will also reduce their partner’s stress levels (better health), and foster a happier and longer relationship bond
2. Fulfil Her Passions.
Ever heard the saying “what a man can do, a woman can do better”. This couldn’t be truer!. Women can multi-task fantastically well, and besides being a girlfriend, wife, mom, home builder and all that, they can contribute much more to the world. Each one of us was sent to earth with a solution to an issue mankind is facing. Women are endowed with natural gifts that can be showcased in engineering, entrepreneurship, and activism, political and social leadership. A woman simply has it all and can do it all. All ambitious women would most probably be passionate about one or two projects which can be financed with their own money without having to convince their partner to believe in them or help fund their passion. Princess Diana is a perfect example of such a woman.
When you earn your own money, you are more than capable of achieving your goals and fulfilling your destiny. Earning your own cash simply empowers you!
3. Discipline Your Partner/Spouse.
If you take a keen look at homes where the men are serial cheaters and openly disrespect their partners/wives, it is likely that the woman has little or no economic power. Men often get away with open cheating when they have insignificant respect for the woman. This is prevalent because the man is of the impression that the woman will succumb to this emotional torture and blackmail because he is funding her livelihood. Women who are victims of such a man often have children, and the man will make sure to keep you financially dependent on him to enable his sinister actions. A financially viable woman who can pay her own rent, buy her own car, shop her own clothes, afford her holidays, fund her own dreams and provide for her offspring will surely tame a cheating partner.
Being financially handicapped will tie you down to a man who treats you like his house keeper because you cannot afford to live without him. Generally, men will not mess about with a financially independent partner or wife, for the simple fact that she is well capable of walking out any day, anytime. Earning your own money as a woman empowers you to walk out the door if you are unhappy with the status quo.
4. Economic Stability.
Earning your own cash as a woman provides a safety net for you and your family. Judging from my personal experience, my dad may have been wealthy but after his sudden demise, life quickly became sour. Don’t forget that your man could be made redundant, he could lose his business, he could become ill, he could leave you for another woman, and he could even die suddenly. Men over 50 around the world are 60% more likely than women to die early. Based on Kim Kiyosaki’s findings, women are likely to suffer financially in the case of a separation, Incapacitation or death of their partner/spouse. You never know when you will have to step into the man’s shoes and pay for your livelihood or that of your entire family. Don’t be caught off guard like the 5 foolish virgins ones took their lamps but did not take any oil with them (Mathew 25:13).
Remember that behind every great man is a greater woman. A man could be great on his own, but with his partner he is even greater and vice versa. Women should therefore strive to synergise their income and efforts with that of their partner for greater returns. Remember the more the income the merrier. Family holidays, best schools for kids and other pleasures will be taken care of effortlessly.
5. Exercise Your Knowledge And Skill.
During a chat with an eligible bachelor who is passionate about entrepreneurship and female empowerment, this gentleman asked me why parents even bother spending a dime to educate their female children. “If their aspiration was to marry them off to a man who would make them house wives, why bother educating them?” Some women spend years to gain formal education all the way up to PhD level. Surely this should not go to waste!
After acquiring all this knowledge, skills and experiences, it is expected of you to step into the market place and trade your value for a reward? By putting your know how to constructive use, you are not only a blessing to the world, you provide employment for others, you feel a sense of worth whilst gaining financial independence.
6. Complement Your Partner/Spouse.
When women fall for the full time house wife story, they shoot themselves in the foot. No doubt, it is fantastic to be home to raise your kids, however, that’s a story most women tell themselves for not putting in an extra effort to earn their own money. Remember that being limited to the role of a housewife (chores, kids, marital duties) caps your intellectual, professional, mental and emotional growth. You become tied to this one man who on the other hand is growing exponentially as a result of his job, outdoor exposure and interactions. When the woman gets to the point where she’s unable to have the same level of conversation with her partner, they’ll likely drift apart. Their interests are no longer the same and they find it hard to talk about other stuff besides kids and food. This induces the man to eventually find the housewife/partner not as challenging, interesting or as smart as some of the women he encounters in his daily engagements. Aim to be counted amongst the entrepreneurial women of our generation, live a fulfilled life, and grow together with your partner. You must have A Currency Called Confidence..
Women are well capable of supplementing men in different aspects of life, just like God originally intended. Limiting yourself to a beggar as a house wife is a shame, compared to what you can achieve as an income earner. It doesn’t matter how small, start something and earn your own money. Find out Best Tips On How to Start and Grow Your Small Business.
Be a role model to your female and male children, whilst balancing everything up as a wife or partner.