In recent years, we've seen a rise in women in the workforce and, more specifically, in industries that have, until the last decade, been predominantly saturated by men. It's important that women continue to break out into the workforce and male-dominated fields to keep the momentum going and ensure workplace equality, including decreasing the pay gap and workplace harassment. Keeping women at the forefront of the workforce not only ensures women continue to have a voice on important issues, but that they're well represented among their peers. For women who are looking to be part of the women's workforce movement, women thinking of starting a career may want to consider breaking into the STEM field. Here are some reasons why women in science, technology, engineering, and math (STEM) is vital for future success.
Women as Family Providers
For hundreds of years, men have been seen as the sole providers for their family. This type of thinking has kept women in the background with the expectation that they should serve as the family caretakers, rearing children and tending to the household. However, as we see a rise in single-parent households, it has become necessary for women to break out of these traditional roles and enter the workforce to provide for their children. When women secure careers in the STEM field, they'll be better equipped to provide for their family, as STEM fields have a tendency to pay better than jobs that don't require a specialized skill. In fact, STEM fields are less likely to have the wage disparity that is often common for women in the workforce, which means they'll be able to provide a comfortable living for their family.
Women Bring Diversity
Women in STEM, particularly minority women, offer diversity to the workforce which can also bring a refreshing new perspective to the table. Having a varied perspective on issues, particularly ones that pertain to women such as women's health, can ensure that the right solutions are being offered on a wider scale, which can be beneficial for the population as a whole. In addition, having a diverse workforce ensures that women have a better chance of advancement to more senior-level or board room positions, which typically have been dominated by males throughout the years.
Women offer a brighter future for our children
Female children often look to their older counterparts as role models, and when older women are seen in professional roles it may give them hope that they too can be a successful woman when they grow older. It's important that future generations understand that there are no limits to what they can accomplish and that they aren't limited to a particular industry based on their gender. Concurrently, it's also vital that young males see women in positions equal to men so that they grow up viewing women as peers no matter what industry the work in. Because such a large number of children are raised by single mothers, having a strong woman role model who's seen as someone who can provide for their family breaks down gender inequality barriers and keeps women's rights in stride with men's.
How to Secure a Career in STEM
As with finding most professional careers, securing a career in the STEM field typically begins with receiving a college education. Education should be valued regardless of which career direction you choose, but if you're particularly interested in working in one of the fields defined by STEM, you'll want to start by looking at the different programs available at the university of your choice. Your first step will likely be the discovery phase, where you talk with someone or take an aptitude test to determine your strengths, weaknesses, and interests. From there, you should be able to narrow down your choices to a particular field of interested before moving on to the exploration phase, where you'll dig deeper into a few different options to determine the best fit. From there, you'll apply for different programs best suited to your abilities and interests and wait to be admitted to a program.
These are just a few of the benefits of working in the field of science, technology, engineering, or math. STEM fields are a lucrative way for women to provide for their families while advancing their career.
It Doesn't End with Education
It's important to note that securing a career in a STEM field doesn't begin and end with an education. You can also gain valuable knowledge and experience by completing internships in your field. These will teach you more about your field while getting your foot in the door with a potential employer should a position open up after you graduate college.
It isn't always easy to stay on top of your finances, especially when you have developed unhealthy spending habits over the years. However, as you begin to realize the many benefits of having healthy finances, it can become something you want to make a conscious effort to improve. When your finances are in a good place, you often have access to better opportunities whether it be a mortgage loan, greater credit line or business loan. On that note, here is how you can become an expert at managing your finances in case you need a few tips.
Learn to Use Technology
The good thing about managing finances in the technological age is that you don't have to do it alone. There are so many apps available that will help you pay bills on time and track your expenses. For instance, some apps force you to live within your actual income and tell you what to do when you need to balance your budget.
If you need an app that will help you get better at saving, then some will set aside your spare change for you. Also, don't be afraid to use more simple tools such as your smartphone calendar to set reminders about payments if you don't automate them.
Seek Legal Advice
Sometimes, being an expert at something means understanding that you can't possibly know it all. This is why you have professionals around you that can help fill in the gaps where you're lacking. Consider hiring a legal firm to help with any challenges that are beyond you. Lexington Law is a good firm as they could help remove negative items from your credit report. Read this Lexington Law Review (Our #1 Credit Repair Service of 2019) to find out more about how they could help improve your finances.
You can't do better than what you know when it comes to managing finances. You should, therefore, invest your time in learning more about finances and how to manage them. Think about what your goals for your finances are and what knowledge gaps you need to fill.
For example, if you want to invest in the stock market so that you can improve your net worth, then you may need to learn more about investing to do so successfully. To boost your knowledge, try reading articles on credible blogs that share finance information from professionals. Also, be weary of content from finance-driven companies as it could be biased.
Work on Growing Your Income
As a self-proclaimed finance guru, you know that the more sources of income that you have, the better. Work on increasing your streams of income so that you have more money to meet your targets whether it's to save for a property or put larger sums towards retirement. One way to do so would be by getting extra income by doing social media marketing for businesses or creating tutorials on YouTube. If you own a property, renting out rooms is a great way to make passive income.
Live Within Your Means
It can be difficult to live within your means when you live in a society that is always presenting you with things to buy. However, being more conscious about the things that you purchase could help you realize that most are wants rather than needs. To live within your means, always take time to think about a purchase as opposed to impulse spending. You should always get good at bargain hunting as many times you can find items of similar quality at a cheaper price.
Learn How to Manage Debt
Debt doesn't have to be a bad thing if you understand how it works and how to manage it. It can be a tool for credit building when you understand the fundamentals. For instance, if you take out a loan or credit card, always be mindful of your interest rates.
By paying the amount of money you borrowed back in full before the due date, you won't have to pay interest on what you borrowed. If you can't pay back in full, paying more than the minimum payment will ensure you incur less interest. For the most part, the secret to good debt management is never spending more than you can afford to pay back.
Managing finances is a life skill that can help improve your quality of life. By following the mentioned tips and taking your finances more seriously, you're more likely to master the art of healthy finances.