The world has changed, especially from an economic and demogaphic point of view. There’s an increasing growth in life expectancy and money saving becomes a crucial matter. For any kind of person, both adult and junior ones.

This has been the first PWN's Empowering Talks appointment in 2018.

Everything starts with the first job - as Antonio Poggialini (Sales Director at Pictet Asset Management) explained  - after few months you realize that you have something to manage, to protect and to organize properly for your future. 

No one is prepared for that moment.

People, without a financial background or a good guidance too, easily fall in mistakes. For example, 31% of people think that bond are safe. In fact is not. 30 years of lowing economic perspectives caused a short term view and people completely forgot to plan their financial future with a long term thinking.

Banking and investment’s institutes are the best consultants to help you organizing and planning savings according to trends and personal needs.

Tiziana Bocus, Partner at Allianz Bank, shared he essential tips and rules to keep in mind before investing: 

1. Set your investment goals and stick to them
2. Make savings and investment an habit
3. Don’t try to time the market
4. Diversify your investment
5. Keep it simple: set clear investment with clear points (otherwise don’t do it)
6. Speak regularly to somebody you trust
7. When your goals change, go back to number 1.

In few words, the key is to start thinking long term and with a proper help, future could be safer.

This aspect touches especially women who - stereotyped with unrealized professional careers - have to reestablish and confirm their empowerment also through money.

Odile Robotti (Learning Hedge) highlighted how money have a gender determination and we are not confirming anything strange if we say that money are masculine rather than femminine. Researches confirm, still in 2018, that women are paid less than men and, in long term, earn and save less money than men. Only 11% of women are billionaires. And this is also due to crashes and stops that women have in their life that actually prevent them to access to a certain level of earning.

Firms should help to destroy this tendency and society should emphasized the gender balance, also from a financial point of view.

So, women.... As someone famous said once: “be foolish, stay hungry” and when the going gets tough, the tough gets going.

Start saving money, it does not matter the age or your career step, start now changing your behavior from a fearless girl to a fearless woman. One day your courage along with your investment will help you to reinforce your independence.

See you at the next event!  Stay tuned!

Text edited by Alissia Molteni