Global data consistently shows that women are less financially literate than men. But have we ever paused to ask—why? Is it a lack of self-confidence? A lack of financial knowledge? Or perhaps a combination of both? Could it even be our money personality type that holds us back from making the financial decisions that shape our lives?
The truth is financial literacy isn’t just about numbers—it’s about freedom, opportunity, and equality. In today’s rapidly evolving world, it’s more than a skill—it’s a form of empowerment. Especially for women, understanding money management, budgeting, investing, and financial planning can be life changing. It’s the key that unlocks independence, confidence, and choice.
My journey: Three Life-Changing Moments
As someone who has walked this path, I can say with certainty: being financially literate opened doors for me—not once, but three times.
- In my early 20s, it gave me the courage and means to move to a different country and start a new chapter of my life.
- In my 30s, it helped me walk away from a toxic marriage and rebuild my life on my own terms.
- In my 40s, it gave me the confidence to leave a secure corporate career and pursue something I’m truly passionate about—because I didn’t just have self-belief, but experienced financial freedom.
These weren’t just milestones—they were life altering moments, and that was only possible because I understood my money personality type that gave me the confidence to take control of my finances.
The Hidden Cost of Financial Literacy:
Too many women feel stuck or trapped in unhealthy relationships, toxic workplaces, or businesses they no longer believe in. At the heart of this struggle, is often financial distress rooted in a lack of financial education and support.
When you don’t understand money, you fear it.
When you fear it, you avoid it, and
When you avoid it, you give up your power.
This cycle keeps us from, living a fulfilled life, making bold choices, and walking away from situations when we need to. But it doesn’t have to be this way.
It’s time to break the financial taboo and start living life on our own terms.
Steps in Building “My Life, My Way”
- Discover Your Money Personality Type
Understand your natural tendencies with money—are you
- Money Worshipper,
- Money Status,
- Money Avoider, or
- Money Vigilant
When you know your Money Personality, then you can make confident financial decisions.
- Break Old Money Beliefs/Patterns
Identify your money scripts and their relationship, Question the old beliefs, reframe them with Empowering Truths. - Open a Bank Account – Just for “You”
Having a personal account that’s just for you, will give you the freedom to do the things you love to do. - Start Small Investments
Having small investments for a continued longer period, will give you the financial freedom and the peace of mind, even $10 a week adds up. Habit matters more than the amount. - Create a Money Circle
Talk about money with friends and family. Normalize the conversation. - Seek Professional Support
A financial coach can help you create a plan, stay accountable, and build confidence.
Conclusion: Your Life, Your Way
Financial empowerment isn’t just about having money—it’s about having choices. It’s about saying “yes” to what lights you up and “no” to what holds you back. It’s about living boldly, freely, and on your own terms.
Let’s stop waiting for permission. Let’s start building the life we deserve.
Are you ready to Rewrite your Money Story?
By Tamanna Relia (CPA)
Founder & Financial Coach
About the author
As a qualified Accountant for over a decade with experience across complex industries, I realised that I didn’t just want to provide financial advice – I also wanted to provide real education. I’m here to make money feel simple, empowering and easy to understand. I started Cents & Solutions after helping my sister run her business overseas. I saw firsthand how overwhelming finance can feel – especially for women and business owners.
Outside the office, I’m a mum, who loves jazz, fashion and ‘deep and meaningfuls’. I find real joy in supporting others, whether the problem is numbers or a life transition. When I’m not crunching numbers, you’ll usually find me outdoors with my family, exploring new places (I love to travel) or enjoying a good coffee chat.
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