financial independence as a form of security

gloria ahemma addison
Posted October 11, 2018 from Ghana

In Ghana most women becomes victims of domestic violence because they are financially dependent on their male partners. not that the don't earn money but because of they have little or no knowledge in finance and its literacy, the earn up consuming everything earn on consumables without savings or investment. what my team and myself we do is to move from one community to the other, trying to educating the non formal sector workers on how to be financially independent. most have started with saving for their pension and also investing in mutual funds which is easily accessible as and when the need cash without going in for loans with high interest rates.

 

This post was submitted in response to The Future of Security Is Women .

Comments 11

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Hannah B
Oct 11, 2018
Oct 11, 2018

Hi Gloria,
Thank you for sharing about the work that you do and the problem of financial literacy among women. I agree that it is very important for women to understand more about money and how financial security can change their lives. I wish you all of the best in your work!
Kind regards,
Hannah

Sis. Salifu
Oct 12, 2018
Oct 12, 2018

Hi Gloria,
Nice to meet you, pls which part of Ghana are you. Inbox me so we connect, WP is all about connecting and it will be good we connect physical too

Is true in most marriages not only Ghana, financial independent kind off cushion the woman. You have a great idea to help the women but I think the pension schemes might not be too effectively or quickly come to the aid of most women, but maybe if is more in micro finance. Where they can use the money into direct businesses to earn a living and take care of their family members rather than constantly waiting for the man to always provide for their every needs.

Pls what is the name of your organization? Do you have a website link? Hear from you.

Yours sincere
Lisbeth

jlanghus
Oct 13, 2018
Oct 13, 2018

This is great feedback, Lizzy:-) Good job!

Sis. Salifu
Oct 13, 2018
Oct 13, 2018

Thanks Jill,
I think is the encourager's spirit ;-)

Hugs
Liz

jlanghus
Oct 13, 2018
Oct 13, 2018

You're welcome:-) Indeed!

jlanghus
Oct 13, 2018
Oct 13, 2018

Hi Gloria,

Thanks for sharing your post. I'm looking forward to seeing more posts from you about your organization and how it helps women to become more free and independent. I would like to know about your website and/or social links, too.

Good luck with your story submission!

Tamarack Verrall
Oct 13, 2018
Oct 13, 2018

Hi Gloria,
I am so glad to read about your work and agree completely that financial dependency on male partners is strongly connected to being trapped in violent relationships. Your work to encourage financial independence is paving a critical path to safety and personal security and empowerment.

Olutosin
Oct 15, 2018
Oct 15, 2018

Beautiful !!!!!
I love your project. I am impressed, highly needed.

ARREY - ECHI
Oct 15, 2018
Oct 15, 2018

Dear Gloria,
This is a laudable project you have. A lot of women truly lack financial literacy and that has been the case holding many women captives in abusive relationships.

While it is good to help them think about pension plans, is it possible to help them take care of the now while the save for the rainy days?

All the best with your projects.
Love, Arrey

Delphine Fohtung
Oct 27, 2018
Oct 27, 2018

Hi Gloria,
Its a laudable project you are carrying out there. I agree with you that a majority of African women especially those in the rural areas suffer this fate. I would like us to connect and work together so that i can share some of the best practices you have put in place to bring about a positive change in the lives of women in my community. Especially during this period that we are experiencing some socio-political challenges that has led to so many people displaced from the source of their livelihoods.
Thanks in advance and i look forward to hearing and working with you.
Delphine

Sharon Bhagwan Rolls
Oct 29, 2018
Oct 29, 2018

Thank you for making mention financial INDEPENDENCE and not just inclusion as this is the vital approach needed to support Women's Political Autonomy.