By Jamela Hoveni
Dr Jamela Basani Hoveni is a senior researcher, who leads the feminist economics project at the Institute For Economic Justice (IEJ). Before joining the IEJ, she spent nine years in academia as a lecturer and researcher, specialising in gender analysis in economics, trade, macroeconomics, and finance.
Jamela’s financial advice for women+:
“As a financial expert, I typically advise women to start saving and investing early in their career, as early as age 23 or as soon as they start working. The challenge is that early on in their careers, debt is usually high due to the purchase of their first houses, vehicles and other household expenses like school fees that tend to be high. By their mid-career, when debt is a lot lower, and income is higher as they progress in their careers it’s a good time to consolidate debt and invest in a second or a third property.”