What has feminism got to do with financial independence?
Well…feminism has quite a lot to do with women in the workplace. And hopefully we can all agree that work has something to do with income. And that income has something to do with your ability to save and get to financial independence.
The Escape Artist knows a lot of complicated shit about finance. Often I dont include that in my blogposts but today I’m gonna start with some advanced level stuff:
All else being equal, a couple that both work are likely to earn more than a couple where the woman is at home chained to the kitchen sink
I know! With content like this it is literally NO SURPRISE that The Escape Artist recently got voted second best finance blog in THE ENTIRE UNIVERSE by my Mum (she prefers Mr Money Mustache).
You may say this is obvious…but during my career, I noticed that some (mostly high-earning) males didnt want their partner to work. Some wanted the convenenience of a permanently stocked fridge and well-ordered household. Some probably wanted the sole title of breadwinner to boost their ego / self-identity. I guess this is OK if you are earning mega-bucks and if both partners agree that its what they want.
But generally, if you’re interested in financial independence, you’re gonna want both members of your partnership contributing to household income. When it comes to people in the accumulation phase, The Escape Artist says:
All other things being equal, the more your partner earns the better!
This may sounds obvious…but its surprising how many people don’t see it that way. A female friend once suggested to The Escape Artist that he “would not be able to handle it” if he was out-earned by a woman he was going out with. Not