Page 3 - Walking the Wire

Walking the Wire Communication Succession
The Legals
03 Superannuation, Retirement & Insurance 18 04 The Financials 22 08 Advisors 25 13 Next Steps 26
WALKING THE WIRE
Statistics on the financial security of women in the rural sector, or lack thereof, only scratch the surface of a very complex and frequently overlooked issue.
This e-resource is designed as a simple guide to provide direction about questions to ask, issues to be aware of and where to find further information, education and obtain initial advice. It has been written by rural women for rural women.
The aim is to provide guidance to help rural women take the next step in securing their financial future, particularly where they may have had difficulty prioritising their own financial security in the past.
At times it is like walking a tightrope or – in our case – a barb wired fence! Women bring their many strengths and add enormous value to their families and agribusinesses.
Rural women have shared many reasons for the challenges in building their financial resilience and security. These include:
z Relationships (ie separation, divorce or domestic violence); z Family transition and succession;
z Family and business communication;
z Business structures;
z Business knowledge and understanding;
z Financial and legal literacy; and
z Being heard and validated by business advisors.
It is hoped that this e-kit will help empower rural women to have a strong voice in their agri-businesses and provide practical, useful and relevant tips, resources and support.
To get the most from this resource, please ask yourself:
What do I want and need?
What do we as a couple want and need?
What do we as a family want and need?
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Walking the Wire, Strengthening the financial security of rural business women | 3