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Are you earning enough to combat inflation?
12 June 2023
So Sin Ting, Endowus chief client officer, shares tips for women looking to increase their income in an inflationary environment. The Endowus Wealth Insights Report 2023 found women tend to be more risk averse, which can ironically lead to an erosion of their savings presumably stored away for the future. Women should look to grow their wealth meaningfully by putting their money in investment vehicles as early as possible, through a dollar-cost-averaging approach. This allows for investing in smaller, manageable amounts while reaping the benefits of compound interest that comes from time in the markets.
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