Women’s Financial Empowerment Through Homeownership

Did you know that women over 55 are the fastest-growing cohort of
homeless in Australia, and only a quarter of property investments
are owned by women? The gender pay gap, social norms, and other
barriers make it difficult for many women to achieve financial
stability. However, despite these challenges, homeownership and
financial stability is still attainable for women.


In this episode, we explore the critical role that homeownership
plays in women's financial empowerment. Our guest, Nicola
McDougall, co-author of The Female Investor, shares her expertise
on how women can create wealth through property ownership and
achieve financial independence.


Nicola highlights the unique challenges that women face when it
comes to achieving financial stability, as well as the benefits
of homeownership, such as building equity and generating passive
income. By discussing how women can take control of their
financial futures through property ownership, we aim to inspire
and empower women to achieve their financial goals.


If you're a woman looking to take control of your financial
future, then this episode is for you. Don't miss out on this
empowering conversation of the Your First Home Buyer Guide
Podcast to learn more about how homeownership can contribute to a
woman's financial empowerment.


Episode Highlights:


00:00 - Introduction


04:46 - The gender pay gap issue and how women can overcome it


06:38 - What’s the impact of biological differences on a woman’s
finances?


08:38 - Is gender bias still holding women back in finance
education?


14:12 - Nicola’s backstory and her role at PIPA (Property
Investment Professionals of Australia)


18:53 - How PIPA impacted a detrimental real estate legislation
in Queensland


23:54 - Homeless women in Australia: Is the rental crisis to
blame?


25:40 - Useful tips for women in building financial security
through homeownership


31:46 - Why is starting early key to a woman's financial security
through homeownership?


35:39 - Why the power of female voices in finance matters


39:13 - How women can avoid the pitfalls of misleading financial
and property advice


46:12 - The ugly reality of get-rich-quick schemes in real estate


49:57 - Nicola’s parting advice for women who are first home
buyers


About Nicola McDougall:


Nicola McDougall is Director at Bricks & Mortar Media — a PR
and media consultancy focused on property and finance. With over
19 years of experience, she is an award-winning journalist,
professional writer, and editor in Australia and New Zealand. She
was previously the editor of Australian Property Investor
magazine and authored "The Female Investor - Creating Wealth,
Security, and Freedom Through Property." Nicola joined the Real
Estate Institute of Queensland (REIQ) in 2006 and became
Executive Manager Corporate Affairs, where she oversaw the
organisation's monthly 56-page industry magazine and property
research and analysis. Her extensive knowledge of membership
organisations, real estate, and property investment experience is
currently of value to the PIPA board.


Connect with Nicola McDougall:


Nicola’s LinkedIn profile
https://www.linkedin.com/in/nicola-k-mcdougall/



Resources:


The Female Investor by Nicola Mcdougall and Kate Hill
https://www.amazon.com/Female-Investor-Creating-Security-Property/dp/0730398633

Visit our website https://www.homebuyeracademy.com.au/

Learn how to buy property without making a mistake with our
10-step online course for first time home buyers
https://homebuyeracademy.com.au/YFHBG

If you have any questions or would like to be featured on our
show, contact us at:

Your First Home Buyer Guide Podcast -
support@homebuyeracademy.com.au



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and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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